uTrade Algos

August, 2024

Dear Traders,

As we step into a new month of September, we hope you had a joyous Independence Day and enjoyed the festive celebrations.

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 August.

Without further ado, let’s dive into what’s happening in the world of algorithmic trading and uTrade Algos!
Product Updates 🚀  
We’re thrilled to bring you some powerful new features on uTrade Algos App that will make your algo trading experience with uTrade  Algos even better:
  • On-the-Go Transactions: Manage your strategy and fund transactions effortlessly, no matter where you are, giving you greater flexibility and control.
  • Peak Margin Display for Originals: Before deploying your strategies, you can now view the peak margin for your originals directly within the mobile app.
  • Profit & Loss Reports at Your Fingertips: Access detailed insights anytime, anywhere, and stay on top of your trading strategy.
What’s Next: Exciting New Features in uTrade Algos 
  • uTrade Intelligence: uTrade Algos is introducing advanced intelligence to its platform, empowering you to discover even more trading opportunities. Elevate your trading game with smarter, data-driven insights.
  • New Market Integrations: BSEFO, featuring Sensex, is now supported, expanding your trading possibilities and offering more tailored options for your strategies.
  • Set Exit & Global Exit Parameters on the Go: Manage your strategies with greater flexibility by setting exit and global exit parameters directly from your mobile device.
    Index Watch: Stay informed with real-time index tracking, now available at your fingertips.
uTrade Algos In Media  📹 
Stock Traders Need to Upskill to Stay Relevant in the Age of AI: The Times of India
AI has fundamentally enabled traders to process & analyze vast data at lightning fast speed
Options vs Futures: Understanding the Key Differences for Retail Traders: 
The Economic Times
How AI shapes our Daily Lives from Dawn to Dusk: 
The Daily Guardian
AI has become an indispensable part of modern life, enhancing convenience, efficiency, & personalization
uTrade Algos: Market’s Unanimous Choice 👥  
Maximize Your Trading Opportunities with uTrade Algos
Strategies for different market scenarios empowering seasoned traders and beginners to experience the power of algo trading.
Trade Smart, Not Hard!
Money Expo, 2024 – Mumbai 👥   
AI in Capital Markets: Kunal Nandwani
In a special session, he shed light on how the recent advent of artificial intelligence is revolutionizing trading in Indian capital markets
Algorhythm 2.0 👥 
Understanding the Impact of Increase in Taxation (STCG / STT) on Trading Strategies
Decode Basics of Algo Trading & Future of Retail Trading with Chaitanya Sampat with uTrade Algos
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 fast-paced and ever-evolving world of trading, where decisions are made in seconds, the importance of thorough preparation cannot be overstated. Backtesting trading stands as a critical tool in a trader's arsenal, offering a way to test and validate trading strategies using historical market data. This process provides invaluable insights into the potential performance and risks associated with a strategy before real capital is put on the line. Here, we explore the top seven reasons why a backtesting platform is crucial for trading success, focussing on its pivotal role in optimising strategies and mitigating risks.

Algorithmic trading, powered by advanced mathematical models and automated processes, has reshaped the landscape of financial markets worldwide. When paired with quantitative analysis, which involves extensive data-driven research and statistical methods, these approaches can amplify trading strategies' effectiveness. This blog explores the synergistic benefits of combining algorithmic trading with quantitative analysis, highlighting strategies, platforms, and real-world applications.

Quantitative trading has altered financial markets by leveraging advanced mathematical models and data analysis to make trading decisions. At the heart of successful quantitative trading strategies lies backtesting—an essential process that evaluates the performance of trading algorithms using historical market data. This comprehensive guide explores the critical role of backtesting in quantitative trading, its benefits, methodologies, best practices, and the pivotal role of quantitative trading platforms and software.

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