AlgoTest Platform Updates – 25th Sept. to 1st Oct. 2023

At AlgoTest we are constantly working behind the scenes to improve the product and help you get the edge when it comes to trading. 

Today we have two new updates for you. 

1. Charts – New and Improved
2. Add a leg on the running strategy – More control over your trades

Charts

Charts is a revolutionary product launched by AlgoTest that provides you advanced option charts to help you with your trading. 

• Revolutionary Advanced Option Charts now at AlgoTest.
• First in India: Real-time advanced options charts for FREE.
• No sign-up needed. Dive in directly!
• Monitor Straddles & Strangles on OHLC basis.
• Add up to 6 legs for combined option premium visuals.
• Supports all 5 indices: NIFTY, BANK NIFTY, FINNIFTY, NIFTY MIDCAP, and Sensex.
• Performance? It’s super-fast. User experience? Top-notch.

Add a leg on a running strategy

You can now add a leg(an additional trade) to a strategy that is already running. With this new addition you have more control over your trades as you can quickly adapt to changes in the market.

• The new leg can only be added when your strategy status is “running” and your strategy Entry Time has passed.
• Your Overall Settings like Overall SL, Target, TSL and Lock & Trail will NOT be modified after adding a new leg.
• No Re-entry after: this setting shall persist for the newly added leg as well. Your new leg entry can happen after the “No Re-entry after” time but the Re-entry of this newly added leg will not happen after the “No Re-entry after” time.
• You can set your execution settings for the Newly added leg.
• You cannot have more than 10 legs in a strategy. So the legs in your strategy and your newly added legs cannot be more than 10.
• Range breakout functionality is not available for this feature
• Quantity multiplier will NOT be applied to your Newly added leg. You will have to specify the exact number of lots you would like to trade.