TRADE WITHOUT HASSLES...
Trade the Way

Algosys is a web-based API Bridge which facilitates individual as well as replica trading (intraday) as per various algo strategies. Algosys facilitates multi strategy, multi segment trading in NSE (equity & FNO) & MCX for any individual. In its current form (v1.0) the input signal for algosys is from Amibroker / Python / MT4. Tradingview compatibility will be launched soon.

Algosys is developed specifically keeping simplicity & easy handling for user in mind. Algosys has a clean interface with minimal but most required functionalities only. Algosys also provides an in-built feature of Max P/L at strategy & stock level for better control on your risk management.

Currently AlgoSys has functionality to process intraday orders. Both market as well as Limit type order can be processed with AlgoSys.

Amibroker & strategy code in Amibroker Formula Language (AFL) is necessary for sending recognisable input signal to Algosys. Same can be done using MT4/Python/Tradingview.

Despite of the finest technology, there is always a chance of malfunction when we deal with any system. Like any other system, Algosys may also experience Technological / electronic / mechanical failure. There is always a chance of a software misbehaving, illogical signal firing, signal disruptions, inter software communication delay / loss, power loss, system crash etc. To ensure that we cover majority of them, we have implemented an error alert messaging service. Despite of the same, “TD” does not guarantee a fail-safe operation at all times. Frequent user intervention may also be a cause of system working irrationally. The risk management features provided in Algosys should always be used in a rational way & should not be changed in middle of trading bypassing the logical sequence. A “market” type order may get executed with heavy slippages depending on volatility. Algosys does not facilitate high frequency trading.

One of the unique features of AlgoSys is replica trading at very nominal cost. To facilitate replica trading for your followers, you need to register with us as “Strategy Owner” upon which we shall enlist your strategy in “AlgoArena”. Various “Subscriber” upon showing interest & paying your decided strategy charges to us, shall get access to your unique strategy code. It’s your responsibility to ensure that you shall run the strategy algo on each day & shall be in close connect with team AlgoSys.

Its encouraging to know that you wish to work in live market on your own strategy. If you have a logic, we can help you to get it coded in AFL at very competitive rates. Please get in touch with our support team for further discussion & information.

Google Crome browser is recommended for seamless experience of Algosys. Furthermore, please note that in case you have 2 different broker accounts & you had logged in earlier to one broker account by ANOTHER CLIENT ID & have mistakenly forgot to LOGOUT from that account, it will conflict with the login of Algosys. To resolve this issue:- a) Open broker web login page outside of algosys page. This will show your already logged in ANOTHER account. Logout from this account. b) Clear history & cookies by visiting settings tab in google crome. c) Login to AlgoSys & login to broker mapped account with Algosys inside the application. d) After your connection is established in Algosys you can open fyers web of ANOTHER ACCOUNT in next tab of Google Crome.

AlgoSys subscriptions charges are non-refundable. However, if the subscriber wishes to upgrade the plan (migration to a longer-term plan), the charges already taken shall be adjusted & subscriber is needed to pay differential amount.

If you are interested to enlist your strategy on AlgoArena for public viewing & subscription, you need to visit strategy owner section of website. You need to fill in the details of the strategy as enquired in the form alongwith sample trade screenshots (bare chart without any indicators showing entry, stop loss & target). Upon review by us, there would be a written understanding between both of us. Upon signing by both parties, we will enlist your strategy on AlgoArena.

Auto squaring of intraday positions by broker incur charges to subscriber. Thus, AlgoSys comes with a feature wherein all open positions are squared off typically from AFL that is provided to the user. The square off time can be customised as per the user’s requirement. This ensures that no open position goes to auto square off whereby saving money for subscriber.

The position page & unrealised PL gets refreshed in interval of 15 seconds

The Max P/L feature checks the live position value at a specified interval & not in realtime. Thus, there will be a variation to your set value & actual value of P/L. The variation can be to your benefit also sometimes.