uTrade Algos

February, 2024

Dear Traders,

Welcome to another edition of uTrade Algos newsletter. As we march into March, our algo trading platform springs forward with innovative strategies and insights to rejuvenate your trading journey.

Without further ado, let’s dive into what’s happening in the world of algorithmic trading and uTrade Algos!

uTrade Algos: Unanimous Choice 👥

Global Exit Parameter: New Market Disruption

Share India and uTrade Algos helping traders manage risks efficiently.
Trade Smart, Not Hard!
https://youtu.be/oeWcsAoHzXY?si=5ivJqfaZ5UASVZFD

uTrade Algos: Algo Trading for everyone

Whether you’re a seasoned trader or just starting out, with uTrade algorithms take your trading to the next level.
Product Updates 🚀  
We’ve made some exciting enhancements to our no-code algo builder.
  •  Now offering its paid subscriber features to all new and existing clients at no initial cost, with brokerage and platform fees deducted from the trading balance across all plans.
  •  Introducing Expiry Special Strategy tailored for BankNifty, Nifty, and FinNifty, sells both Call & Put options on respective expiry days.
Check it out
Updates in Algo Trading 📹

Algo Trading Expected to be Further Regulated by SEBI

SEBI is reportedly taking significant steps to tighten the regulatory framework around algorithmic trading and the use of APIs in the stock market.
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.

How to Implement Effective Intraday Trading Strategies Using Algorithms 

Algo Trading execute trades based on pre-defined criteria, allowing traders to capitalise on opportunities with speed and precision.

How to Optimise Algo Trading Strategies for Volatile Markets

Mastering the art of optimising algo trading strategies, on platforms like uTrade Algos, is paramount for success.
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.
Steps to upgrade your uTrade Algos plan.
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.

Thank you for being part of our journey.

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 algorithmic trading, measuring performance goes beyond simply looking at profits. Here strategies are executed at lightning-fast speeds and hence, metrics beyond profits are needed to assess the robustness of it all. Among the various metrics, the PnL aka Profit and Loss is a critical metric that sheds light on the effectiveness of your algo trading strategy. 

Algorithmic trading has become increasingly popular among traders looking to automate their strategies and capitalise on market opportunities. With the rise of algorithmic trading platforms like the uTrade Algos algo trading app, traders have access to powerful tools and technologies to execute trades with precision and efficiency. However, to make the most of these tools, it's essential to optimise your algorithmic trades effectively. Let us explore seven essential tips for optimising your algorithmic trades using the app.

In algorithmic trading, where seconds can make a difference, having effective exit parameters is crucial for managing risk and improving the chances of returns. Global exit parameters serve as predefined rules or conditions that trigger the exit of a trade, ensuring disciplined and systematic trading. In this guide, we'll find out about the concept of global exit parameters, explore their significance in algo trading, and understand how they function in real-world trading scenarios.

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