The counter keeps track of how many times a strategy has been executed after exiting. When a strategy enters and exits for the first time, the counter will register as one. The strategy can be reactivated either manually or automatically, based on the configured settings. You have the option to adjust this in the ‘Reactivate on Exit’ setting. For instance, if set to ‘Never’, the strategy won't reactivate. Alternatively, if set to two minutes, the strategy will reactivate after two minutes following its exit, executing a new set of trades if the entry condition is met again. Subsequently, each time the strategy re-enters, the counter will increase, indicating the number of reactivations.

FAQs on Algorithmic Trading

Q: Will my subscription be auto-charged every month?

In order to a ccess features of uTrade Algos, you require a subscription package and a Share India Demat account since it is the exclusive broker. You can find the steps to create your uTrade Algos account here. How can I start algo trading using uTrade Algos? uTrade Algos offers multiple plans to suit your needs and requirements. You can choose from the Beginner Plan, Pro Plan, Wizard, or Expert as needed. Additionally, if you wish to try the platform, you can opt for the 15-day free trial plan. To ensure continuity in your usage, you can opt for auto-renewal of your chosen plans, where monthly charges will be automatically deducted from your source. However, should you not opt for auto-renewal, the subscription is not extended automatically, resulting in cancellation by the end of the billing cycle. In this case, you will be required to manually reactivate your subscription each month to continue the service. Please note that the subscription fees do not include taxes and GST, and they shall vary depending on the subscriber’s place of residence.

Q: How can I deploy a pre-made strategy on uTrade Algos?

uTrade Algos is proud to introduce uTrade Originals, a curated selection of pre-built algos crafted by industry experts with extensive research to aid your trading decisions. There are multiple uTrade Originals strategies available on uTrade Algos , each tailored to specific market conditions, risk levels, and margin requirements. To deploy a strategy, follow these steps: Click on any strategy to delve deeper into its details, including its performance under various market scenarios, margin necessities, and more. Subscribe to the strategy that aligns with your market perspective by clicking on ‘Subscribe’ and then clicking on the ‘Deploy’ button to initiate it. A dialogue box will prompt you with the strategy's parameters; review them carefully and proceed by clicking ‘Proceed’. (Give screenshots) Your chosen strategy is now successfully deployed and ready for use in your trading activities! Your uTrade Algos homepage will also reflect the strategies that you have deployed and their performance for easier access and viewing.

Q: What is a panic control button for?

The panic control button located in the top right dropdown menu offers two options: Stop All or Pause All. Stop All: This terminates all running strategies and closes all open positions in the market. Pause All : This halts further execution without affecting existing open positions .

Q: What is the dashboard?

The dashboard provides a comprehensive snapshot of your positions, total profit and loss (P&L), available instruments, and actively traded underlyings. It allows customisation, enabling users to edit the windows according to their preferences.

Q: What is the best subscription plan available on the uTrade Algos platform?

While uTrade Algos offers various plans to suit the different needs of traders, the most comprehensive plan available is Expert. Apart from offering greater flexibility and features, it also provides a dedicated relationship manager for personalised strategy development and guidance throughout your trading journey. Check out this video for a deeper understanding of why the Expert plan is so popular with our users. To get started with your Expert plan, click here .

Q: How can I calculate my margin?

On the uTrade Algos platform, the 'Margin Required' field in a predefined strategy indicates the margin that will be deducted from your broker account. For a detailed understanding and various margin types, utilise our Margin Calculator feature. For uTrade Originals, our collection of expert-backed strategies, the margin is specified on the strategy card. Advanced order form-created strategies feature a margin calculator button for quick access. Please remember that if you're short on margin funds, you won't be able to deploy any strategies. Every strategy, custom or predefined, has a minimum margin requirement. Insufficient margin allocation prevents trade execution. To know more about the minimum margin that is required to deploy a strategy click here. What is the minimum margin required to deploy a strategy? Did you know that a margin calculator is a tool used in financial markets to compute the required margin for a trade or investment? It determines the amount of funds needed to open or maintain a position based on various factors such as the asset's price, position size, leverage, and prevailing margin requirements set by the broker or exchange. Traders utilise margin calculators to assess the potential costs and obligations associated with their trades, enabling them to manage their positions more effectively and ensure they have adequate funds to cover the margin requirements. This tool assists traders in making informed decisions about position sizing and risk management in their trading activities.

Will my subscription be auto-charged every month?

What will be the subscription charges on uTrade Algos?

What is algo trading?

How does algo trading work?

How can I deploy a pre-made strategy on uTrade Algos?

What is a panic control button for?

What is the dashboard?

What is the best subscription plan available on the uTrade Algos platform?

What is the minimum margin required to deploy a strategy?

What is a counter?

How can I calculate my margin?

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