Algo Trading in India |

The Intraday ORB Trading bot has been made as fully automated now, zero manual intervention. Entry,target and stoploss will be taken care by this new Fully automated trading bot. Follow the mentioned below instruction.

How it works:

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

Login with your Facebook account or Google Account

Enter your your user id /password

Now click on enter capital 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 aliceblue 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.

It works only with Aliceblue , Angel Broking, Fyers and Trustline broker account, if you do not have one, open account using mentioned below link. 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. If you have an existing account, you can also use that. You just have to go to this link and enable the trial

https://squareoffbots.com/

Strategy:

The strategy is plain 15 mins opening range Breakout. The system calculates what’s the first 15 mins high and low of the stock, so after 9:30 AM, when high range is broken Buy order is triggered with 15 mins low as stop loss. If low range is triggered, then short order is triggered with 15 mins high as stop loss.

No Targets or Trailing stop loss used, all position gets closed by EOD.

List of stocks:

Daily 10 stocks will be selected by the bot based on pre-open session. Top 5 gainers and Top 5 losers will be selected from the fno list.

https://www1.nseindia.com/live_market/dynaContent/live_watch/pre_open_market/pre_open_market.htm

At times when high priced stocks like Eicher mot, page industries or when penny stocks like Idea comes in the list, such stocks will be ignored by the bot.

Quantity:

Capital entered to the bot will be allocated to each stock, if you enter Rs.10,000 as capital, then each stock will be allocated with Rs.10,000 capital and total exposure will be 1 lac, as ten stocks will be traded. Since we trade in Intraday, the leverage provided by Aliceblue will help to trade all ten stocks with 10k capital.

Consider the below example, 10k capital and 10 stocks has to be traded, the bot calculates the orb ranges and based on stock price entry and capital, quantity is calculated, Zeel buy price is 257.8 and capital is Rs.10,000 so quantity is 10000/257.8=39.

Since we are trading with 10 times exposure, the risk is also higher. The max drawdown is as high as -72%. So if one trades with 1 lac capital, he can lose most of it.

So the wise way to trade is, always trade with one third of your capital. Say you have 1 lac in your account, but give Rs.30,000 as capital, this way, even 30k is lost , you lose only 30% of your actual capital but make good returns.

You can download the trade report from here

ORB Performance: https://goo.gl/HhrK77

Please note that all orb parameters are fixed.

Places both buy and sell orders for 10 stocks

Order type MIS (Not CO/BO)

Market order

Entry time 9:30 AM

Stop loss is default, which is 15 mins orb high or low

No targets, No TSL.

All position should be exited at 3.10 pm by users by clicking day end button available in our platform or it exits when stop loss hits.

Other FAQs:

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

Open account through SquareOff partner link mentioned above and once account is opened go to this link and enable your free trial . If you already have an existing aliceblue, angel broking, fyers or trustline account, just go to the same link mentioned above and enable your free trial.

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. Only by day end around 3:10 pm, if there are any open positions, users have to squareoff these positions by clicking day end button available in our platform. 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 monitor the trades real time?

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

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.1.7 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. https://rzp.io/l/alicebluebots

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

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.

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

Even with Rs.25,000 one can trade using our bots.

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.

Can I trade my own strategy?

No, Doesn’t support any customized strategy.

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

Yes, please refer this demo video link https://youtu.be/NwI3Ou_885Y and also you can watch the free webinar on Algo Trading here https://www.youtube.com/watch?v=qva88jxMaCY&t=8s

Can I use the same account for my own manual Trading?

Yes, you can use it.

Can I monitor the trades triggered by bot on real time?

Yes, in our algo dashboard we have orders tab, clicking that tab would show you list of orders triggered from each bot

Why its not fully automated with Zerodha or Upstox or with other brokers?

Brokers like Upstox/Zerodha charges almost Rs.4000 per month to use their API, its an additional cost the user has to pay, if they wanted to use fully automated platform, where brokers like Aliceblue and Trustline provide api free of cost, so traders don’t need to spend extra cost for fully automated platform.

Does I need to keep the laptop/mobile web page open and running after logging in the morning?

No, not required. Once you login to the platform and update your capital, its done. System records it. You don’t need to maintain any server or download any software, or keep laptop open.

Can I get a free trial? What is the process?

Yes, you can get one week free trial for all our bots . Just go to https://squareoffbots.com and start your free trial

How can I reach you guys?

We can be reached at support@squreoff.in or ping us in telegram at http://t.me/squareoff we do not have any help desk voice support, all queries are addressed only through our email/chat support system

What is the subscription fee for the bot?

Its Rs.17,700 per year. https://rzp.io/l/ORBBOT

Can I trade my own strategy?

No, its Doesn’t support any customized strategy.