What email address or phone number would you like to use to sign in to Docs.com?
If you already have an account that you use with Office or other Microsoft services, enter it here.
Or sign in with:
Signing in allows you to download and like content, and it provides the authors analytical data about your interactions with their content.
Embed code for: USER MANUAL
Select a size
Do’s and Don’ts
1. Algo trading
What is Algo Trading?
Algo Trading is Windows based desktop application that can place orders to your trading terminal automatically.
2.What makes Algo so special?
To the best of our knowledge it is the First and Only One automated software of its kind available in India that made 100% UNATTENDED TRADING POSSIBLE for trading in Indian equity and commodity exchanges.
3. Does it work on my broker’s terminal?
At present it works on NEST Trader. If your broker terminal is NEST Trader, it works. We have made rigorous tests on NEST Trader of different brokers. It functions almost all recent versions of Nest Trader. The work is in progress to update our software compatibility to work with more Trading Terminals like NOW, DIET- ODIN, FLIP, TRADE TIGER etc.
Show me how?
4. How to set Algo for my trade?
This user manual is to show how to do the settings of your ALGO .
FIRST THING FIRST
This is the icon for Remote Desktop Protocol Connection (RDP).
Double clicking this icon will ask your user name and password for remote desktop connection
DO NOT SHARE your RDP username and password to anyone.
You will be held responsible if the server is being misused.
Once you double click rdp link, this window will open.
The computer name will be the ip address
User name – as provided
Password – as provided.
If you want to change the details, click on
NEW USER NAME
SAVE & CONNECT
WINDOWS SERVER DESKTOP
If your credentials are correct, you will get opened your windows server as you see here.
Your IP address will be shown on the top the server window.
Here is where you login your Algo App and your Trading Terminal.
ALGO APP LOGIN
Provide User Name and Password for ALGO and click Login.
Tick Mark the Remember Password.
On your next login, Algo will remember your user name and password!
This is the window where you tell the app how to trade each symbol. Let us see each setting in detail.
Each symbol have separate window for its Algo settings.
Eg: When you click on CrudeOil Tab, the settings you make is applicable for CrudeOil only.
Once the desired settings are done, click Apply.
If you wish to make any changes click Reset and make necessary changes. Then click Apply.
The selected symbol Tab will have a different color.
In this example CrudeOil is selected.
So the settings displayed here belongs to CrudeOil.
Settings : strategy
The first setting is to choose a desired Strategy.
A strategy helps the application to choose which algorithm to be used to take Buy & Sell Signals.
Info : Very soon few more new strategies will appear here!
Select your required Lot size.
Default will be 1 Lot
The Max Lot size per symbol is 10 Lots
Note : Further Lot size can be increased upon special request!
You can choose to place orders as MIS for intraday by default in the Trading Terminal.
It is always good to keep only the minimum required amount in your trading account for the lot size you wish to trade. This will not only help you to maintain the money management wisely, but also protects your capital safe during unexpected moves or technical errors happens.
Three Types of Trends are available for selection.
1. By default Algo will be the Trend Mode.
Once Algo is being selected as your Trend, the application will attend both the BUY and SELL signals generated by algorithm and triggers trade depending on the signal received.
Trend – buy only
2. BUY ONLY, as the name suggests, will trigger only the BUY signals and ignore all the SELL signals.
It is advisable if you know the trend is highly bullish and want to take trades on buy side only.
3. SELL ONLY, as the name suggests, will trigger only the SELL signals and ignore all the BUY signals.
Sell Only advisable if you know the trend is highly bearish and want to take trades on sell side only.
Trade Mode defines how the selected strategy is being executed.
There are two types Trade Mode
One Trade Mode
Trade mode - normal
Apply the best of our knowledge it is the First and Only One automated software of its kind available in India that made 100% UNATTENDED TRADING POSSIBLE for trading in Indian equity and commodity exchanges.
3. SELL ONLY, as the name suggests, will trigger only the SELL signals and ignore all the