Algo trading, or algorithmic trading, is a method of executing trades using pre-programmed instructions. A computer algorithm automatically places buy and sell orders based on a defined set of rules, such as timing, price, and volume, which helps in executing trades at high speeds and reduces the impact of human emotions on trading decisions.
No, you do not need any coding experience. AlgoSwitch is designed with a no-code framework, featuring an intuitive, visual strategy builder that allows you to create, test, and deploy complex trading algorithms without writing a single line of code.
Getting started is simple. First, sign up for an account on our platform. Next, securely connect your existing trading account from one of our supported brokers. From there, you can either create your own strategy using our no-code builder or choose a pre-built template. Finally, you can test your strategy, deploy it for paper trading or live in the market.
Backtesting is the process of testing a trading strategy on historical market data to see how it would have performed in the past. This allows you to evaluate a strategy's potential profitability and identify its weaknesses before risking any real capital in the live market.
Paper trading, also known as forward testing, allows you to deploy your strategy in the live market using simulated money. It's a risk-free way to test your algorithm's performance in real-time market conditions to validate its effectiveness before committing actual funds.
AlgoSwitch integrates with a wide range of leading brokers in India. You can seamlessly connect your account from over 10+ brokers, including popular choices like Zerodha, Upstox, Angel One, and many more, to automate your trades directly.
Yes. AlgoSwitch allows you to connect alerts from external platforms like TradingView and Chartink. This enables you to use your existing analysis and charting tools to trigger fully automated trades directly in your connected broker account.
You can build a wide variety of strategies, including those based on technical indicators, price action, and complex multi-leg options setups (time based), trading view custom indicator/signal based. Our platform supports many technical indicators and allows you to create rules for entry, exit, stop-loss, and take-profit to build a complete, automated trading system.
No, AlgoSwitch is built for every level of trader. Beginners can benefit from the user-friendly visual interface, pre-built strategy templates, and paper trading features. Advanced traders can leverage powerful tools to build, test, and deploy complex, multi-leg strategies with precise risk management controls.
Automated trading helps manage risk by executing trades based on disciplined, pre-set rules, which removes emotional decision-making. You can integrate specific risk management parameters into your strategy, such as setting clear stop-loss orders, take-profit levels, and position sizing rules to protect your capital.