Algo Trading in India |

Fully Automated

How about a fully automated platform which doesn’t require any software, any data feeds and any VPS. Just your mobile is enough to access a fully automated trading platform with SquareOff. You just need to login every day to your account from our Mobile trading bot and update your capital. That’s it, the bot will place entry, target and stop loss for you automatically.

Required minimum capital

Since the trading segment is in cash market, you can do this fully automated trading system with capital as low as Rs.50,000. For FnO bots, we recommend to trade with 3 lac per one lot.

Brokers:

It supports Aliceblue, Angel Broking, Fyers, Paytm Money, Dhan and Trustline

Strategy:

Multiple strategies are available,

  1. Golden Ratio Bank Nifty futures Intraday Trading Strategy
  2. RSI Intraday Trading Strategy
  3. Bank Nifty Short straddle Intraday bot
  4. Nifty Short straddle intraday bot
  5. Machine Learning bot
  6. Bank Nifty Short Strangle bot
  7. GRB Option Buying Bot
  8. 1% Short Straddle bot.

How it works:

Please login to Our Algo Dashboard  https://squareoffbots.com account after 8am every day

Give capital input to the bots between 8am to 9am every day. Do not give input after market opens, as bot starts firing orders once market opens, so if you give input late after market opens, then orders wont be executed in your account. 

Enter your user id /password

Now click on enter capital/ lots for the respective bots

Now click Trade after you enter the capital, all your inputs will be recorded, as and when orders are triggered it will be executed in your trading account automatically.


If you wish to modify capital anytime, you can do so by clicking on Modify and enter updated capital and submit again. Also if you wish to stop the bot anytime during the day, you can do the so by clicking the stop button on the respective bots, which will stop placing any new orders in your account.

FAQs:

Am Interested to try it out. What should I do?

We provide one week free trial. Just go to https://squareoffbots.com/ and start your free trial with your existing account of Aliceblue, Fyers, Angel Broking and Trustline. Our bots don’t work with any other broker. If you do not have an account, you can open account using this link http://squareoffbots.com/aliceblue and get life time free access to three trading bots.

What is the performance of the trading bots?

The live performance of trading bots is available here http://performance.squareoffbots.com

You can open this link, click on any of the bots on the left side, which will show the performance stats of it, whats the returns %, whats the returns with one lot, capital required, monthly returns, accuracy, risk reward ratio etc.

What is the cost?

We provide a 7 days free trial, followed by a yearly charge of Rs.17700 to access any one of the trading bots mentioned here https://squareoff.in/tradingbots/, but we provide access to all 15 different trading strategy bots at a discounted rate of Rs.29500 per year.  However, we provide three trading bots at free of cost for all users who open Broking account under our referral using this link https://squareoffbots.com

What are the three trading bots that we get free access to?

Mentioned below are three bots you get Lifetime access to

  1. GRB Option Buying bot
  2. 1% Short Straddle bot Nifty
  3. 1% Short Straddle bot Bank Nifty

Is it fully automated ?

Yes, our platform places entry orders and stop loss orders/target orders automatically as per the strategy. No manual intervention required. By day end around 3:10 pm, before cut off time, bots would squareoff these positions automatically for Aliceblue and Angel users. Other bot users have to manually squareoff the positions by clicking on squareoff button available in algo dashboard, That would close all your open intraday position with a single click. If you dont do it, broker will automatically close all your open position.

Can I trade my own strategy?

No, Trading bots platform comes with inbuilt strategy. Doesn’t support any customized strategy. However, you can automate your own strategy using our free platform http://optionx.in/

Please refer this link to know how to use OptionX. https://squareoff.in/automate-your-option-trading-strategy-without-coding/

If I trade with multiple bots, will it condradict with each other?

When you trade multiple system, there will always be some days where same symbol get triggered in both different systems. Each bot is treated as a separete strategy, it doesn’t affect the end result. Say you trade with Short straddle, shorted 32000 CE and 32000 PE at 100 Rs. each As per Short straddle system we use 25% Stop loss, so when CE or PE hits 125 we exit from the system.

Consider on the same day, bank nifty starts moving up and option buying bot also triggers a CE buy order of same strike 32000 CE around 110 Rs. So you would see, your Short straddle CE position getting closed, since option buy triggered same strike. But this is not going to affect the end result. Before option buy triggered order, your position was

-25 QTY 32000 CE at 100
-25 QTY 32000 PE at 100

Now after option buy order trigger order, your position will be
0 QTY 32000 CE
-25 QTY 32000 PE

But if market starts moving up, the pending stop loss of Bank Nifty straddle kept at 125 will get triggered and your new position will be

+25 QTY 32000 CE
-25 QTY 32000 PE

So by eod, your Straddle will also be in profits and option buying will also be in profits when markets closed higher. So each bot system is separete, doesn’t affect the result because of same symbol

What’s the risk involved?

The risk is based on the individual bots, all cash segment bots follows risk per trade based on its own strategy rules and all option selling bots follows fixed SL of 25% and futures bot follows SL 0f 0.5% from entry price. Maximum drawdown varies from strategy to strategy which can be checked here http://performance.squareoffbots.com/

Can I monitor the trades real time?

Yes, you can login to your trading account and check the trades on real time.

Do you post daily PnL updates?

Yes, we share the daily PnL report of all bots in our telegram channel https://t.me/squareoff_channel

The PnL report that we share every day is not the backtest report, its the actual live profits made in all trading bot users account. We calculate what’s the total average profit/loss made per lot and update the same.

 

For example- When we post the total profits made by Bank Nifty short straddle bot is X, then it includes PnL from both type of users who selected re-entry and who did not select re-entry, so at times there will be discrepancies in the report. And there are certain users who might close their positions manually and book profit and there are users who leave it to the system and wait till eod to close the positions, so the profit and loss includes both type of users. Hence at times, profits could be lower for users who closed their positions by eod, and sometimes when markets go in a big theta decay phase and these users who closed positions manually would make less than those people who closed by eod. So this discrepancy happens because of these scenarios. Over the long we observed that only users who followed the system and closed the positions by EOD end up making higher profits.

Do I need to click any button during the market hours?

No manual intervention required. You just need to login once every day and update your capital, that’s all. Bot will automatically place all trades.

Do you provide monthly subscription plans?

No, all our trading bots subscriptions are available only on yearly basis.

Do you provide any discounts?

We provide you access to all bots at discounted price, each bot is priced at Rs.17,700 for 12 months , we have 10 different bots, so if you wanted to subscribe to all bots, you end up paying more than Rs.2.5 lacs to get access to 10 bots just for 1 year whereas with just Rs.29,500 per year, you can get access to all our trading bots for one full year. 

Do you provide any offer if user open account under your refferal?

Yes, Users who open account under our referral get additional three months subscriptions at free of cost, if they subscribe to one year plan. So all users who open account under us will get 1 year + 3 months of validity. Also we provide three trading bots at free of cost for all users who open trading account under our referral using this link https://squareoffbots.com

What is the minimum capital required to trade the trading bots?

Minimum capital required to trade cash segment bot is Rs.50,000 and for FnO bots its 3 lacs per lot

Does it generate profits every month?

No, please note that algo trading makes the execution easier, it doesn’t gaurentee profits. Just like any trading system, these trading bots also goes through streaks of losses. So we should focus only on quarterly/half yearly period about the performance.

Am a working professional, will this product suit me?

Yes, our platform doesn’t require you to sit in front of the system all the time, you just need to login to our platform once in the morning before market opens and update your capital, that’s all. You can carry on with your work, our fully automated bot will take care of all order placement by itself.

Do you have a demo video to know how this bot works?

Yes, please refer this demo video link https://youtu.be/fLckZP13fKw