uTradealgos

April 2024

Dear Traders,

As we step into a new month, we’re excited to bring you a roundup of all the enhancements, developments, and news from the world of uTrade Algos that unfolded in the month of April.
Without further ado, let’s dive into what’s happening in the world of algorithmic trading and uTrade Algos!
Upcoming Algorhythm Webinar 👩🏻‍💻

uTrade Algos with Share India presents Algorhythm Webinar

Join our one-hour free session on 3rd May 2024 from 4 p.m. to 5 p.m.  to discover essential risk management strategies for the stock market. Learn how to protect your portfolio in turbulent times with CA Govind Jhawar, esteemed Founder and CEO of Finideas.
Product Updates 🚀  
We’ve made some exciting enhancements to our no-code algo builder this month:
  • Minimum Margin required updated to 80,000 INR for Dual Nifty, Chakravyuh Ka Tod Nifty and Shaant Bazaar Ka Raja.
  • Increased the maximum values on Global Exit settings to 9,99,999 from 99,999
  • Stop Loss and Target Profit revised as follows:
  1. For Shaant Bazaar Ka Raja, the stop loss has gone down to Rs.1000 from Rs.2000
  2. For Chakravyuh Ka Tod Nifty, both the stop loss and target profit have gone down to Rs 600 from Rs 1200
  3. For Stop loss for Dual Nifty is reduced to 1200 from Rs.2400
  • For Turtle Trader Strategy lot size revised from 1 lot to 2 lots.
Check it out
uTrade Algos: Market’s Unanimous Choice 👥  

Maximize Your Trading Success with uTrade Originals

Strategies for different market scenarios empowering seasoned traders and beginners to experience the power of algo trading.
Trade Smart, Not Hard!

uTrade Algos: Trade with Ease

Dive into strategy automation and take your trading game to next level.
Trade Smart, Not Hard!
Algorythm 2.0 👥 

Algorhythm 2.0:  Vaslad, Gujarat Meet

What an amazing day in Valsad! Delving into the world of algorithmic trading and its impact on the Indian stock market was truly energizing as we engaged with an enthusiastic audience.
Knowledge Centre ✍ 
Keep your finger on the pulse of algorithmic trading with our curated selection of the latest articles, trends research and emerging technologies impacting the industry.
SEBI Lot Size Changes; Here’s How It Will Impact uTrade Originals
7 Common Mistakes to Avoid When Using the Integrated Margin Calculator
Algorithmic Trading in India: Resources, Regulations, and Future
Latest Videos 📺
We’ve created a new playlist, to show you how uTrade Algos can make your trading journey easier and more efficient through short informative videos and relatable analogies.
uTrade Originals: Decoding the Teji Mandi King 2 Strategy 
With uTrade Algos unique advanced features you can trade like a pro.
Join us on this educational journey as we equip you with the knowledge and tools to thrive in the world of algorithmic trading.
Our team at uTrade Algos is committed to providing you with the tools and knowledge you need to succeed in the financial markets. Follow us on social media and join our community forums to stay updated.

A big thank you to all for your continued trust and support in uTrade Algos. Stay tuned for more updates.

Regards,
Team uTrade Algos

Frequently Asked Questions

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uTrade Algo’s proprietary features—advanced strategy form, one of the fastest algorithmic trading backtesting engines, and pre-made strategies—help you level up your derivatives trading experience

The dashboard is a summarised view of how well your portfolios are doing, with fields such as Total P&L, Margin Available, Actively Traded Underlyings, Portfolio Name, and Respective Underlyings, etc. Use it to quickly gauge your algo trading strategy performance.

You can sign up with uTrade Algos and start using our algo trading software instantly. Please make sure to connect your Share India trading account with us as it’s essential for you to be able to trade in the live markets. Watch our explainer series to get started with your account.

While algo trading has been in use for decades now for a variety of purposes, its presence has been mainly limited to big institutions. With uTrade Algos you get institutional grade features at a marginal cost so that everyone can experience the power of algos and trade like a pro.

On uTrade Algos, beginners can start by subscribing to pre-built algos by industry experts, called uTrade Originals. The more advanced traders can create their own algo-enabled portfolios, with our no-code and easy-to-use order form, equipped with tons of features such as robust risk management, pre-made algorithmic trading strategy templates, payoff graphs, options chain, and a lot more.

From single-leg strategies to complex portfolios, with upto five strategies, each strategy having up to six legs, uTrade Algos gives one enough freedom to create almost any auto trading strategy one likes. What’s more, is that there are pre-built algos by industry experts for complete beginners and pre-made strategy templates for those who want to try their hand at strategy creation.

An interesting feature that uTrade Algos is bringing to the table is a set of pre-built algorithms curated by top-ranking industry experts who have seen the financial markets inside out. These algorithms, called uTrade Originals, will be available for subscribers on the platform.

Algos have the capability to fire orders to the exchange in milliseconds, a speed which is impossible in manual trading. That is why traders leverage the power of algo trading to make their efforts more streamlined and efficient. You can try uTrade Algos for free for 7 days!

Claim your 7-day free trial!

Experience uTrade Algos on the web and mobile app without any commitment.

Knowledge Centre & Stories of Success

In the world of algo trading, everything is dynamic. Traders need to be on their toes when it comes to trading algos. Be it fluctuations in the indices or changes in regulations laid down for trading, each has a significant impact on algo traders and their portfolios. And, a recent change in regulation by SEBI has left traders scratching their heads. But, we’re here to help you decode the same. 

We're thrilled to announce a significant milestone at uTrade Algos – the launch of our cutting-edge mobile application, now available for both Android and iOS users! Our mission has always been to empower retail intraday traders with advanced, user-friendly trading tools, and with this new development, we're taking a giant leap forward.

In the fast-paced world of financial trading, effective risk management is crucial for success. One powerful tool that traders rely on to mitigate risk is an integrated margin calculator. By seamlessly incorporating margin calculations into trading platforms, such as algo trading on platforms like uTrade Algos, these tools offer significant advantages for risk management. Let's explore three key ways in which an integrated margin calculator enhances risk management.

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