Algo Trading users can generate profits at a speed and frequency that is impossible for a human trader. Sri Technocrat has experience of more than 10 years in software development and personal experience in trading. We are the best combination of strategic analysis and its implementation in one place.
When a user wants to perform the trade in big volume, it's helpful to have an algorithm to split the order into smaller slices and trade it over an extended period of time. This feature is referred to as Algo Trade and is widely adopted in regular exchanges. In order the place orders automatically while keeping the details safe, the user should write his own program and run it at his own machine. This makes it troublesome for traditional users to use Algo Trade because of a lack of programming skills. We can facilitate in developing the Algo Trading platform and software.
What is Algo Trading and why to use it?
Algorithmic trading uses a computer program that follows a defined set of instructions (an algorithm) to place a trade. The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader.
How to implement an Algo Trading?
You can read details about implementing Algo Trading from the below link.
https://www.sritechnocrat.com/blog-algo-trading-implementing-your-strategies.php
What are the benefits of Algo Trading?
1. Trades are executed at the best possible rates.
2. Order placement is instant and accurate.
3. Trades are placed instantly to avoid significant rate changes.
4. Reduced risk of human and manual errors when placing trades.
5. Algo Trading can be backtested using historical data to see if it is a profitable trading strategy.
6. Reduced possibility of mistakes by humans based on emotional and psychological factors.
Why choose Sri Technocrat for Algo Trading Software?
Sri Technocrat has experience of more than 10 years in software development and personal experience in trading. We are the best combination of strategic analysis and its implementation in one place. We have experience in implementing Algo Trading with Zerodha and other brokers in India that are providing APIs. Brokers in India allow Algo Trading in NSE as well as in BSE.
An example for Algo Trading
Suppose a trader follows these simple trade criteria:
Buy 100 shares of a stock when its 50-day moving average goes above the 200-day moving average.
Sell 100 shares of the stock when its 50-day moving average goes below the 200-day moving average.
After implementing Algo Trading strategies, using these two easy instructions, a computer program will automatically monitor the stock value and place the buy and sell orders as soon as the defined conditions are met. The trader no longer needs to monitor live prices or place in the orders manually. The algorithmic trading system does this automatically by correctly identifying the trading opportunity.
