uTrade Algos

June 2024

Dear Traders,

June was an interesting month for uTrade Algos, marked by significant market fluctuations that created a dynamic playground for algorithmic traders.

Join us as we explore how this month differed from others and discover the latest updates in uTrade Algos.
uTrade Algos: Trader’s Unanimous Choice 👥  
uTrade Algos is now a proud
ALGO TECH Partner of Bharat Option Traders Summit-2024 (BOTS).
It offers 10 intensive deep dive sessions led by top speakers from across the nation.
uTrade Algos In Media  📹

Check How AI and Robotics Are Shaping Our Future

Read More

AI’s edge in financial markets: four pillars of sentiment analysis

Read More

Algorhythm 2.0 👥   
Algos – The Future of Trading
From deep dives into the influence of AI and algorithms on Indian Capital Markets to lighthearted moments, Algorithm 2.0 in Ahmedabad was a day filled with enriching discussions and valuable insights.
Algorhythm Webinar 
Missed our webinar on understanding the ABCD of Algo Trading? We got you covered.
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.
What Is PnL and How to Use It on uTrade Algos?
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.
Master the Power of Auto Strangle Theta Earner Strategy: uTrade Algos Guruvaar Ka Guru

Join us on this educational journey as we equip you with the knowledge and tools to thrive in the world of algorithmic trading.

Backtest your strategies on uTrade Algos to understand how they would have performed in different conditions and make the right call.

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 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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