🚨10,000 CREDITS GIVEAWAY🚨
We're now a family of 10K strong on Twitter! 🤝
On this occasion, we're giving away 10,000 credits to one user who QUOTE TWEETS this tweet!
But there's a TWIST: the quote tweet with ZERO LIKES wins the giveaway 🥳
Valid till 31/08/23 ⏳
🚀 is hosting the esteemed
@itjegan
on X Spaces!
🔍 Learn how Jegan Sir navigated the difficult year of 2023. From Drawdown to Profitability!
📅 Date: 22nd Dec, Friday
⏰ Time: 4-5 PM
Quote tweet and write your questions for
@itjegan
and we will ask
Want to diversify your trading systems? 🤔
You can now trade on the
@BSEIndia
and
@NSEIndia
indices via Flattrade and Firstock on AlgoTest 🤩
Check it out now:
🚨🚨 GIVEAWAY 🚨🚨
With
@tradingview
now integrated on AlgoTest, we're giving away FREE TradingView Pro plans!
If this tweet gets:
100 RTs = 1 TradingView Pro plan giveaway
200 RTs = 2 TradingView Pro plan giveaway
and so on! 🤩
To enter:
Like this tweet, RT and follow us!
🚨GIVEAWAY ALERT🚨
3 lucky winners WIN prizes worth ₹5,000:
- 2500 credits
- 1500 credits
- 1000 credits
To enter:
- Follow us on Twitter
- Create a FREE account on
- Like & retweet this tweet
Winners announced next Tuesday, good luck!🤩
Who's the fastest broker amongst them all?!
We wanted to identify which broker's API is most responsive in sharp market movement conditions.
We will share more tomorrow...but who do you think is the fastest?
Sooooo we backtested the supposed 'safest' option buying strategy, here are the stats 🤔
What do you guys think? 😅
PS: PLEASE do not trade this, especially with the capital recommended in the original tweet of 10-20K 💀
weekend surprise! We now have a Portfolio page! Now you can add multiple strategies, test their combined results and their historical correlations. This is in beta phase, so do share your feedback 🙂
#NiftyBank
#AlgoTest
#stockmarkets
#trading
/1
🚀Part 1🚀
90% of orders placed on 16th April 2024(Banknifty & Finnifty weekly expiry) took less than 'n' milliseconds to get an acknowledgement.
Only APIs through which more than 1000 orders were placed are taken in consideration.
But placing an order is not the only thing
Who's the fastest broker amongst them all?!
We wanted to identify which broker's API is most responsive in sharp market movement conditions.
We will share more tomorrow...but who do you think is the fastest?
‼️Special Announcement‼️
#AlgoTest
is excited to host a Twitter Spaces on
#ALGO
Trading with our very own system trader
@itjegan
Topics Covered:
Discretionary vs Algo Trading
How to make a strategy with low DD?
Backtest vs Live Results
Q&A
Join us this THURSDAY, 15 Sep @ 7 PM
When to stop trading your strategy? When the maxDD is breached? When 2x maxDD is breached?
now helps you make an informed decision by using Monte Carlo simulations to show a distribution of your possible maxDDs!
Feature inspired by
@Ankit_Quant
🥳🥳Feature Release🥳🥳
Strategy Entry with Limit Order!
Now place Limit/SLL orders in Advance via
#ALGO
on your Broker Terminal for:
1. Simple Momentum
2. Re entry at COST
3. Range Breakout
This can further reduce your slippages.
#algodtrading
#banknifty
#Nifty
‼️Paper Trading is now LIVE at ‼️
You can now simulate your saved strategies against live market data in real time!
We've kept it free for now, so pls go ahead & crash our servers with unlimited paper deployments 😉😂
#banknifty
#Nifty
#algotrading
/1
Guys!
Some exciting news - we're now part of
@ycombinator
's Summer 22 batch!
Check out the launch here -
We're gonna keep working overtime to build awesome tools for our retail traders!
Stay tuned, more to come!
#AlgoTest
#startup
#HelpingRetail
There's traders that trade discretionarily, and there's traders that trade systematically/via algos.
Then, there's
@PRAFULKULKARN18
, who does both.
Here's 15 tweets derived from our podcast with him that talk about his trading philosophy, risk management & more 🧵
1/15
While backtesting and paper trading are a good starting point, they're not enough. Poor execution, slippages, market regime change, etc. can all lead to losses
45% of AlgoTest traders were profitable for the fiscal year 2023-24!
WHY?
As regulators try to figure out ways to discourage retail traders from trading in the F&O segment (SEBI stat: only 11% traders were profitable in 2022-23), we'd like to present a counter narrative.
We all know
@itjegan
sir is a seasoned, experienced & consistently profitable trader.
He's done it both on the discretionary side as well as now as a systematic algo trader.
Here's 6 golden lessons from the man who manages 100 Cr 🧵
1/12
NEW feature release at 6 PM 👀
If this tweet gets 200 RETWEETS by 6PM, one lucky winner will get UNLIMITED BACKTESTING for a whole week on us, so they can build NEW strategies with this feature 😉
To win, RT & guess the feature in the comments 🤩
‼️Execution via Zerodha is now...LIVE ‼️
If your broker is Zerodha, most saved strategies can now be deployed in the live market!
Just follow these steps to connect your broker , and you should be good to go!
#AlgoTest
#Nifty
#banknifty
#algotrading
9:20 straddle not working too well? We got you!
Algotest is now integrated with TradingView 🚀
Automate your trading view price action or indicator based strategies on AlgoTest! 🤩
Avail great offers for TradingView Pro:
🧵
#AlgoTestExplains
(
#2
) : How do you trade the short straddle?
In this week's edition of our new series, we're going to be talking about how the short straddle can be deployed to make money WITH and WITHOUT delta hedging 📈
1/15
🧵
#AlgoTestExplains
: How Does a Long Straddle Make Money?
Here's a new series wherein we dissect trading strategies, concepts & more via threads 📈
For our pilot thread, we will discuss how one can profit off of intraday long straddles.
1/13
Broker API Speed debate put to rest. Permanently.
At AlgoTest, we created the Broker Speedtest to clear up misconceptions about broker API speeds.
Discover the truth behind broker speeds and why the fastest isn’t always the best.
Head to to see the
‼New Release‼️
We have 3 exciting feature releases over the weekend!
We've revealed the first one below.
Quote retweet your other two guesses for early access to the other features!
#1
: Trade-by-Trade results in backtest + Portfolio 🤩
#algotrading
#nifty
#BankNifty
As requested by many of you, we now have...slippages!
You can now add slippages to any backtest result.
You can increase or decrease slippages at the click of a button, and watch how sensitive your strategy results are to slippages/transaction costs!
#Niftybank
#nifty50
1/n
Curve fitting is one of the most prominent perils for uninformed sytematic traders.
Here's 5 key points from
@pawannthakur
,
@yashrj25
,
@vihan13singh
&
@tony_gazillioni
on how you could declutter the mirage of double digit sharpe ratios & beautiful equity curves 🧵
1/12
🚨 New space!
The godfather of Indian vol-twit
@VohiCapital
joins us to discuss concepts pertaining to volatility trading! ⚡️
Join us tomorrow, 4th Nov at 8PM for a super informative discussion 🤝
‼️AlgoTest Spaces‼️
#AlgoTest
is excited to host our weekly Twitter Spaces with successful traders
@yashrj25
@pawannthakur
& others
Focus Topics:
Curve Fitting Explained
Your Backtest results: Real Signals or the best fit to Historical data?
Join us this THURSDAY, 22 Sep @ 9PM
🌟🌟New Broker Added🌟🌟
We are happy to announce that you can now run all your
#algotest
strategies on
@kotaksecurities
Neo Platform.
They have been supporting small retail traders by offering Zero Brokerage plans.
Integrate and run your strategies now!
#algotrading
Hey guys!
With regards to our backtesting pricing, at ₹1 per backtest, our price is still much much cheaper than any other backtesting provider.
Our free backtest tier is also considerably more generous than any other provider out there.
1/n
‼️‼️ New Release Deployed ‼️‼️
1. You asked for it and now here it is - Overall Re-entry - take re-entry when strategy level SL is hit. Video and blog post on this soon!
2. Minor bug fix in "Aggregate at the End of Trading Day" feature when viewing portfolio results.
1/
Happy Diwali everyone!
We've been hard at work during this holiday weekend to give you MUHURAT TRADING on AlgoTest!
Automate your trading during Muhurat Trading Session.
Sign up here!
🎂🥳
@AlgoTest
Turns ONE🥳🎂
We thank thousands of our customers who have performed MILLIONS of backtests over the past 1 year. Your love has pushed us hard to achieve so much as a team.
On this occasion we will be launching
#finnifty
for Backtest, Paper & Live trade tonight!
#banknifty
expiry 🏦
📈Let’s see what your backtest PnL was in this V shaped then non-directional market!
📊Use our Daily Trade Analysis tool to share you MTM graph
Link :
#optionstrading
#algotrading
‼New Release‼️
Our final release for the weekend is:
#3
. SMS alerts if your strategy goes into error 🤩
We follow this up with Email and telegram alerts soon.
#algotrading
#nifty
#BankNifty
#Nifty
For now, we've allowed only 5 strategies per portfolio, but we will gradually relax this limit over the next few days. More surprises coming soon, so stay tuned!
/n
Great job by
@fyers1
team on their V3 API!
We shifted our integration from V2 API to V3 today and could observe more than 50% reduction in API response latency.
The below image is for Place Order API response on 16th and 17th April.
Hi guys, we're experimenting with a new feature coming soon.
You might already have seen a trailer on our website if you hit refresh ;)
Also, since we're slowly rolling out this feature, if you get an error while backtesting, just hit refresh once!
We’re back with another space! 🤩
This time, we’re going to be discussing all about Monte Carlo simulations with none other than
@Ankit_Quant
tomorrow at 9PM! 📈
To make the most out of this session, please read this excellent write up by Ankit:
Our beta version of Paper Trading had 200+ strategies live in the morning! We weren't expecting this much scale on the first day itself so thanks for this stress test! 😄
If your strategy went into error mode, just click on "Activate" again and it should now run smoothly
/1
‼️Feature Release‼️
1. Simple Momentum is available for live trading as well as paper trade
2. You can now fire MIS orders with Zerodha
Backtest strategies, validate with paper trade, execute in live market, all on
#AlgoTest
#banknifty
#algotrading
Inspired by
@itjegan
, here's a video explanation of the "Straddle Width" strike selection criteria -
Link to the google sheet -
You can copy the logic of the google sheet over to a different sheet and play around with it.
TGIF everyone!
Along with you, we too are risking some of our own capital to run strategies on 's execution platform.
We are strong believers of having skin in the game, so lets see how we end up doing today!
#Nifty
#banknifty
#AlgoTest
#skininthegame
🚨 New Feature Alert! 🚨
Integrate your Custom coding Scripts directly with AlgoTest for complete automation!
You can give us signals and we can take trades on your behalf with 25+ different brokers with all the order management!
Start now:
#AlgoTest
🥳🤩 Feature Release🤩🥳
Hint: ⏭ 🗓 🏴☠️
Next Week Expiry Launched!
For both backtest and live execution.
Along with that we have a promotion on our backtesting plans!
Backtest this week and execute from Next Week 😉😉
#algotrading
#BankNiftyOptions
#niftyOptions
Hi Guys,
We never anticipated the huge response you have given us over the past 8 months. Yesterday we did > 40K backtests. In order to continue to serve you with the same standard, we have decided to reduce the number of free backtests to 25/week.
1/n
The margin to trade a short straddle is approx 1.8L, so the most you can lose is 1.8L, right?
Nope. Not at all.
Leverage in short options explained, a THREAD 🧵
1/11
🚨 Feature Release! 🚨
ORB / Range Breakout is now LIVE for backtesting and live deployment on AlgoTest!
Do watch our video guide before using!
Video Guide:
As promised over the last few weeks, new Release Deployed.
Please do a hard refresh before logging in.
Feature Releases:
- Completely new & enhanced UI/ UX based on user feedbacks; with more descriptive labelling & design & ease of navigation/use
1/n
Algo on illiquid options!
Yesterday morning some NIFTY option strikes hit their lower circuit as defined by
@NSEIndia
.
Since a lower circuit was triggered, no bids were allowed for these strikes below the circuit price. As trading was not allowed below the circuit limit or
Another week, another space! 🤩
This time, we have
@Theoptionselle1
on, who will talk primarily about expiry day trading.
@Theoptionselle1
uses ONLY expiry trading to generate 24% - 36% a year, having scaled his capital from 20L to more than 2 Cr! 📈
Join us, tomorrow at 4 👊
🚨FEATURE RELEASE: CHARTS!🚨
You can now track charts of individual strikes as well as the combined value of strikes in OHLC form! 🤝
Eg, this screenshot represents the ATM straddle at the moment. The legs are added on the left & the chart is displayed on the right.
You can
‼️Feature Release‼️
1. Re-entry on Profit Target is now a feature available both for backtesting and LIVE execution.
Please hard refresh the page if you see an error.
Backtest away this weekend to find new strategies and deploy them LIVE on Monday at .
Do you want to learn & improve your
#ALGO
system from the best?
Join our Spaces & learn from expert system trader
@itjegan
Topics Covered:
Discretionary vs Algo Trading
How to make a strategy with low DD?
Backtest vs Live Results
Q&A
Join us this THURSDAY, 15 Sep @ 7 PM
‼️AlgoTest Spaces‼️
This week on
#AlgoTest
's weekly Spaces we host a trader who trades, lifts 💪, sings 🎶 and sleeps 💤Mr
@PRAFULKULKARN18
Focus Topics:
Why strategies stop working?
Discretionary vs Algo Trading
Recovering from DDs
Join us this THURSDAY, 29 Sep @ 8PM
#Nifty
Hi Guys,
For those who missed our Twitter Spaces from last week with
@itjegan
you can grab all the action on our YT Channel.
Special thanks to Jegan Sir for giving us the time and answering all our questions relating to
#ALGO
Trading.
#banknifty