Algostudio is a simple and clean user interface which is built on top of Upstox REST API with a large feature set, helping you to automate your quantitative trading who is looking to streamline their processes through automation and effective management of their day-to-day trading activities. Algostudio converts amibroker trading signals to automated orders. It is a single interface where provisions are made to execute and monitor your trade positions at one single place.
Features of Algostudio
Supports Automated Trading.
Supports Bracket and Cover Orders.
Supports Place Order/Order Modification/Order Cancellation (Limit/Market/StopLoss/Bracket/Cover).
Close remaining positions from Amibroker if any.
Reads MTM, Traded Qty, Order placement Status from Amibroker Terminal.
Paper Trading Facility for all segments (Equity, Futures, Currency & Commodity Derivatives).
Supports all segments (Equity,Futures, Currency & Commodity Derivatives).
Real-time Watchlists and Place Order from the Watchlist.
Seamless Integration with Amibroker.
Track Open Positions and Intraday MTM
Get Alerts and Notifications on Trading Positions.
Intraday MTM Mobile Notifications at Frequent Intervals.
Time based Automated Square-off.
Separate Orderbook for Algos.
Set Intraday MTM based portfolio level stop loss and Targets.
Gets Todays Open, High, Low, LTP and Prev day close
Trade from Charts and Trade from Scanning/Exploration
Algostudio Paper Trading
Algostudio comes with an in-built Paper trading account where users can connect with their trading algorithm to test their trading strategies with virtual money. In paper trading users will be able to test their trading strategies without any real risk involved. It helps users to learn and test different order types, fine tune their trading strategies, to fix any issues with trading strategies before taking their strategy live
Currently, the following platforms are supported for Automated Trading
2)MS Excel (VBA script)
3)Python (Python COM)
What is Upstox API?
Upstox API is a set of rest APIs that provide data required to build a complete investment and trading platform. Execute orders in real time, manage user portfolio, stream live market data (using WebSocket), and more, with the easy to understand API collection.
Visit here For Detailed Algostudio Installation Instructions
What kind of Traders/Investor does AlgoStudio suits?
i)Technical Analyst who has ready made buy and sell trading rules.
ii)Part-time traders who knows how to trade and has better trading rules/system but cannot associate themselves with live market all the time.
iii)Fulltime traders or wannabe fulltime traders.
iv)Authorized persons who want to assist their clients and improve their business.
v)Experienced Traders who want to control their trading emotions via rule baBeginnersng.
vi)Begineers who want to get a hang of Algorithmic trading and upgrade their trading career with better skills.