uTradealgos

What are Global Exit Parameters?

Custom Threshold Settings

Adjust your profit and loss* thresholds for tailored algorithmic trading strategies. Traders can set target profit and stop loss amounts to match individual portfolio requirements.

*Disclaimer: Placing contingent orders, such as “stop-loss” or “stop-limit” orders, may not necessarily avoid losses.

Stop loss is a recommended method for minimizing losses and managing risks. In volatile markets however, market conditions may make it impossible to execute such orders. Stop-loss orders may not get executed due to a lack of market liquidity, potentially exposing positions to greater risk.

Automated Position Control

Precision Risk Management

Interactive and Dynamic Payoff Curve

Payoff Chart

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Exit Clarity

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Frequently Asked Questions

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How can one set the ‘Global Target Profit’ for portfolios on the uTrade Algos algo trading platform?

To set the ‘Global Target Profit’, one needs to specify a fixed amount of profit across all portfolios, such as ₹1,00,000. When the collective profit of all portfolios reaches this set value, all running portfolios will be closed, and open positions will be squared off automatically.

What is the purpose of the ‘Global Stop Loss’ feature on the uTrade Algo ?
The ‘Global Stop Loss’ feature helps limit losses across all portfolios by setting a fixed loss amount, for instance, ₹5,000. If the cumulative loss across portfolios reaches this threshold, all running portfolios are terminated, and open positions are squared off to minimise further losses.
How do global exit parameters enhance trading strategies ?
Global exit parameters enhance trading strategies by enabling precise portfolio management through customisable profit targets and stop loss levels. They facilitate disciplined risk management and adaptability to market conditions, thereby maximising chances of profit and minimising losses.
What types of trading strategies are best suited for global exit parameters ?
Global exit parameters are well-suited for a wide range of trading strategies, including trend-following, momentum trading, swing trading, and even algorithmic trading. These parameters provide traders with the flexibility to set specific profit targets and stop loss levels, allowing them to implement their strategies effectively while managing risk efficiently.
How frequently should traders review and adjust their global exit parameters ?
Traders should regularly review and adjust their global exit parameters to adapt to changing market conditions and trading objectives. This frequency depends on factors like market volatility and individual trading styles, but it’s recommended to do so at least weekly or when significant market changes occur.