Tradetron Algo Features
Tradetron has provided many interesting features for its subscribers.
You can build your own algo in Tradetron. And above all, you can build your own strategies and automate them. Now, you can also create algorithmic trading strategies without even knowing Python or any other coding language. Therefore, in this strategy builder wizard, you create your own strategies. Then you can start marketing them to other subscribers from different brokers. In addition to it, as an affiliate member, you can earn monthly commission or subscription charges through your own strategies.
All your strategies can be back tested. And you can test the strategy success rate and the draw down.
The trading engine maintains the strategy. Whenever a signal generates, the trading engine executes buy, sell or repair as per strategy.
Execution of Tradetron Algo
Kinds of Strategies
You can find every kind of trading strategy here to chose from. Either choose directional trading algos which use technical and fundamental data as input or you can find wealth-building algos for buy and hold using input from fundamental data. Else you can use algos for trading in F&O using future and option data and technical data as a secondary input. Moreover, you can use your own algo.
Moreover, in this section, there are many attractive and important features for algo loving traders. You can use Quant strategies by using any mathematical/ statistical data available. And put the algo strategy for trading as mean-reverting or directional trading.
Pair trading Strategy
You can also choose pair trading strategy by selecting a pair of scrips, say SBIN and ICICI bank. Or you can use a pair of indices like Nifty and Bank nifty for trading in algo.
Volatility based Tradetron Algo Strategies
You can also use volatility-based scalping strategies. As for example, one can use theta scalping strategy during low volatility environment. Else use gamma scalping strategies during high volatility periods. Besides this, building blocks of such strategies are based on strangles, butterflies or other complex strategies used singly or in combinations.
Arbitrage and Greek based Strategies through Tradetron Algo
In addition, there are many other algo strategies that can be created for arbitrage. You can also use event-based strategies and focus on corporate announcements. Else use Greek-based strategies based on theta neutral, gamma neutral and delta-neutral trading techniques. Moreover, you can also use algo for market-making strategies like putting a bid and ask price of the same instrument using the existing spread.
How Tradetron Works
Tradetron follows some simple steps. Let us discuss about them.
The Trading Engine
A trading engine, powerful and dynamic, works behind the scene. A well-distributed architecture, connected with multiple data providers backs up this trading engine. Real-time live data feed from multiple exchanges across the globe supports the system. Traders can work on Currencies, Commodities, Stocks, Future & Options.
The Wizard That Build Strategies
Build any strategy, be however complex it may be. Take Volatility Skew or Volatility Smile for example. Using vol skew data build your own strategy. In case, you don’t understand these complex strategy very well, or you want to know more about these complex strategiues, the Wizard will help you. Gather knowledge, get well prepared and then formulate your strategies.
Tradetron’s Backtesting Engine
Once you build your strategy in the wizard, you may need to test its efficiency. This backtesting engine will find strategy efficiency and drawdown. The strategy will work on real-time live data and historical data. You will know the probability of success of your strategy. Even backtest the options strategies using IV and HV, during corporate results and important events and test the efficiency.
This feature is mainly for the newcomers in algo trading. However, newcomers can choose from numerous algo strategies to suit their own requirement. Find algo with backtesting result, statistical analysis and asset type. There are filtering tools to make the search easier. Also, you can choose other subscribers algo if that suits you. As it is, the Tradetron algo has complete transparent data archive to delve through.
This section is for strategy builders who have created their algo and have own subscribers. Therefore, they can manage their funds from the subscription in multiple ways.
Tradetron Algorithmic Keywords
Keywords are very important to build algos. Instead of going through the complex coding process, they can use these readily available keywords to build algo easily. And start algo trading in a very short time. Use these keywords and build single-layered or multi-layered algos very easily. Therefore, with the help of keywords and strategies listed under different heads, a number of Quants, technical, mathematical, statistical and many other strategies can be created.
The report helps you delve through your desired data. As you can find which algo has been fruitful, where you made a loss and when. Therefore you can create more efficient algos. After you find the report you can save them in excel or .pdf.
The Algo Marketplace
Apart from algorithmic strategies and execution, Tradetron has another important advantage. As the heading suggests, it is a marketplace for strategy builders. It empowers the algo strategy buff, the strategy building people to earn in different ways.
Earlier, the strategy building people didn’t have any platform to showcase the efficiency of their strategies. As all depended on the marketing of their strategies as products. But here, in Tradetron, they can find subscribers of their strategies. Therefore through subscriptions, they can earn money. As you can find, there are already some popular strategies there in Tradetron. The strategies are for subscription from algo strategy builders. Retail traders can use this algo with fund capacity of Rs 25k or 50k.
Tradetron is a well-equipped website. Though the technical details are not available, we have tried to give an insight. It is a multi-currency, multi-asset, multi-strategy algo trading marketplace. As it is web-based strategy building platform, you need to build your strategy through Tradetron website only. The strategy builder allows you to point and click on conditions for algo. These conditions are building blocks of algo.
Once you create your conditions and build your strategy here, the strategy starts functioning. Attach the strategy with your broker, pay subscription and boom! The strategy starts running. It will automatically work for you. Only keep a slant eye on it, to avoid technical glitch.
There are many brokers associated with Tradetron. And, some of them allow you to automate your trade freely through Tradetron, other charge fees. Here, the broker’s fee structure is completely dependent on brokers only. There are many brokers like,
- 5 Paisa,
- Nirmal Bang,
- Indira Securities,
- Gill Broking,
So, traders need to follow set up instructions for some of these brokers to trade with Tradetron in their platforms.
Some of the features of Tradetron are free for all subscribers. But there are truly attractive features for which you need to pay a monthly subscription. Here, the monthly subscription starts from Rs 1000. Then it increases to Rs 2500. So, these two are for retail customers. And, for the corporate customers, two monthly subscriptions available, Rs 5000 and Rs 15000.