Greeksoft Strategy Finder

 

 

GREEKSOFT STRATEGY FINDER

Greeksoft Strategy Finder is an enhanced tool which will help traders identify the right option trading strategy. A large number of options trading strategies are available to the options trader. Trader has to simply define his market outlook whether he is BULLISH, BEARISH, NEUTRAL or VOLATILE.He can also define Maximum Profit or Maximum Loss along with Volatility. The Strategy Finder will give you the best possible Option Trading Strategies depending on your parameters.

Mentioned below are key features of Greek strategy Finder :-

  • Define the Investment Amount
  • Define your Market Outlook – BULLISH, BEARISH, NEUTRAL or VOLATILE
  • Choose from over 50 Option Trading Strategies.
  • Strategy Finder will give you the best possible Option Trading Strategies along with Portfolio Analysis, Pay Offs and Charts.
  • Trader can identify Net Premium, Maximum Gain and Maximum Loss.
  • Trader can EXECUTE the strategy just by one click.

 

Will Algo trade leave small traders behind? Not really, it creates some advantages too

Algo-trading

Algorithmic trading, or algo trade, has taken financial markets by storm. It is the next step of evolution of trading and, undoubtedly, tomorrow’s trading technology. It can help react to market events faster than the competition to increase profitability in trades.

If data is to be believed, the global algorithmic trading market size is projected to grow from $11.1 billion in 2019 to $18.8 billion by 2024, expanding at a CAGR of 11.1 per cent. Algo trading first entered stock markets in the mid-1980s. Currently, around 75 per cent of the trades across the globe are automated and algo-trading contributes a major chunk of that.

In India, Sebi allowed algo trading in 2008 and since then it has grown rapidly across the various asset classes. Algo trading has picked up in leaps and bounds and is seeing growing interest among large domestic and foreign institutional investors, who trade on proprietary books.

With the gift of technological advancement, this form of trading is picking up with more players and traders joining in every day. Now, option traders, strategists, proprietary traders, arbitragers, jobbers all are active in algo trading.

It would not be wrong to say algo trade can help you make money in microseconds, if you can get the programming right. Algo trading is a clearly defined set of step-by-step operations used for research and analysis as well as trade execution. Skills such as knowledge of financial markets, financial computing, statistics & econometrics and market microstructure are some of the basic requirements to foray into algo trading.

Algo traders create their strategies and then get them back-tested using historical data; a technique referred to alpha of the strategy.

While small traders are worried that algo trading will leave them behind or put their businesses at risk, the fact is it can benefit them, as algo trades increase liquidity in the market and, thereby, simplifies the entry and exit process.

Moreover, increasing depth of algo trading can remove price inefficiencies in traded securities. For instance, when the market or a stock hits a key milestone, such as 200-day moving average or 52-week high or low, algo trading may trigger a large volume of trades.

The opportunities on the arbitrage window are getting smaller day by day in the fight for speed, and algo trading has come in handy there. Despite increasing propagation of fintech solutions, trading is one area that hasn’t been completely automated.

There is more potential for algo trading to flourish in India. However, the future of algo trading adoption will depend on how the regulations and policies shape up. In India, the rules have become tougher. But algo trading continues to exhibit potential for growth in the times to come.

BSE to introduce weekly F&O contracts on stocks from Sept 19

The exchange in a notice said it will “introduce 7 weekly futures and 7 weekly options contracts on stocks in equity derivatives”. 

BSE

 

The BSE on Friday said it will introduce weekly futures and options contracts in the equity derivatives segment in September.

The exchange in a notice said it will “introduce 7 weekly futures and 7 weekly options contracts on stocks in equity derivatives with effect from Thursday September 19, 2019.”

The weekly futures and options contracts will expire on every Thursday of the week, excluding monthly expiry week.

In case Thursday is holiday, the contract expiry will be on working day prior to Thursday and new serial weekly future and options contracts shall be introduced after expiry of the respective week’s contract, the notice added.

Trading parameters such as tick size, price bands and market lot, among others, will be the same as the existing futures and options contracts on existing stock derivatives.

The exchange in the notice also provided a list of 149 stocks along with tick size, lot size and price band on which weekly futures and options contracts will be available.

Will the rapid rise in algo trading leave traditional traders behind?

Algo trading is now a ‘prerequisite’ for surviving in tomorrow’s financial markets.

1-thegoodtheba

Financial trading floors are experiencing a huge transition from innovative technologies. It has given traders more powers to do fast execution of trades with discipline in a rapidly changing market scenario by reducing human errors, as computer-programmed software remains unaffected by human psychology.

In today’s era, where more and more traditional traders follow technical charting for their trading calls, an algo trader finds it risky to depend merely on the findings gathered from an examination of charts and, thus, tries to reply on pure arithmetic.

Ten years ago, a financial institution would take a big trade on to its books, and would have a large number of traders try and execute deals in small chunks without moving the market. Today, many big trades are fed into computers running algo programmes, which then execute them automatically in small packets. The biggest advantage of programmed trades is their capability of spotting arbitrage opportunities between prices in split seconds and executing trades to make a profit even before a human trader blinks.

Algos have also been created to trade upon news, using special programmes to scan incoming agency reports for key words relating to, say, a change in interest rates and enact deals based on market responses to similar past events. Furthermore algos can analyse every quote and trade in the stock market, identify liquidity opportunities and turn such information into intelligent trading decisions. Here rules are pre-defined, back-tested and trades are placed at pre-defined levels.

In India, algo trading arrived in the financial markets when Sebi allowed exchange members to offer DMA (direct market access) to their institutional clients. Basically, investment banks and hedge funds with billions of dollars in AUMs (assets under management) are using algo trade to manage their portfolios in a more strategic manner. In India, they account for 35-40 per cent of total turnover on the exchanges.

Algorithmic trading has ushered in a new era for markets, whose benefits are yet to be fully realised. Adapting to this new means of trading can ensure better results. Algo trading is now a ‘prerequisite’ for surviving in tomorrow’s financial markets, because the future of trading and dealing is in automation.

Industry reports suggest global algorithmic trading market size is expected to grow from $11.1 billion in 2019 to $18.8 billion by 2024, expanding at a compound annual growth rate (CAGR) of 11.1 per cent. Although algo trading outperforms traditional styles of trading on many counts, human intervention is still required to some extent for better market making with prudent thoughts to ensure stability in financial markets.

SEMINAR On Greeksoft Algo Software Strategies Awareness

Dear Sir/Madam,

Thank you for your continued support and co-operation for being our valued customer all the time.

We are organizing one day Seminar on G.A.T.S (Greeksoft Automated Trading System) which will  aware you to know more about our Algo Software Strategies .

Seminar on GATS IMG-20190219-WA0004 (2)

We sincerely appreciate your participation in maximum numbers.

For further details, please have a look on the above image.

Workshop on GTT and G.I.T.A.

Dear Sir/Madam,

Thank you for your continued support and co-operation for being our valued customer all the time. We are happy to announce that we have come up with yet another launch of G.T.T (Greeksoft Trend Trader) in reformed manner which will add feather to our existing service.

We are organizing one day workshop on basics on Technical Analysis & G.T.T. which will help you to understand charting techniques in detailed manner. G.T.T. will facilitate trading strategies to code by writing user friendly formulae and printing it on chart. Automated trading can also be done through G.T.T. function which print Buy or Sell signal in Greeksoft software. With that, it will also enhance practical knowledge to understand market by analyzing charting strategies and indicators as mentioned in our template as shown below.

gita pamphlet dark final low size

We sincerely appreciate your participation in maximum numbers.

For further details, please have a look on the above template.

Many Thanks,

Greeksoft Team

Commodity Channel Index (CCI) With Supertrend

CCI indicator oscillates between an overbought and oversold condition and works best in a sideways market.

BUY{
SET C1 = CCI(21,SIMPLE);
SET ST = SUPERTREND(21,2,SIMPLE);
CLOSE > ST AND C1 > 0.01 AND REF(C1,1) < 0.01;}

LONGEXIT{
SET C1 = CCI(21,SIMPLE);
SET ST = SUPERTREND(21,2,SIMPLE);
CLOSE < ST;}

SELL{
SET C1 = CCI(21,SIMPLE);
SET ST = SUPERTREND(21,2,SIMPLE);
CLOSE < ST AND C1 < 0.01 AND REF(C1,1) > 0.01;}

SHORTEXIT{
SET C1 = CCI(21,SIMPLE);
SET ST = SUPERTREND(21,2,SIMPLE);
CLOSE > ST;}

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