FAQ’s - AlgotickZ

What is automated trading software with an algorithm?

Automated trading software with an algorithm is a tool that allows you to execute trading strategies automatically without manual intervention. It relies on pre-defined algorithms to make trading decisions.

What are the advantages of using automated trading software with algorithms?

Automated trading offers speed and precision, removes emotional bias, and allows for 24/7 trading, potentially improving trading efficiency and outcomes.

Is AlgoTickZ algorithmic trading software?

Yes, AlgoTickZ is algorithmic trading software designed for educational purposes. It encompasses predefined Buy/Sell logic and has the capability to execute trades automatically when the specified Buy/Sell conditions are met, as determined by user inputs. It functions as a comprehensive trading platform that facilitates automated trading based on predefined algorithm.

It’s important to note that all trading activities, including those performed through AlgoTickZ, carry inherent market risks. Profits and losses are subject to market fluctuations, and there is no guarantee of financial gains. Users should exercise caution, conduct thorough research, and consider the risks involved before engaging in any trading activities. The educational nature of AlgoTickZ provides a learning platform for users to explore algorithmic trading concepts and techniques.

What AlgoTickZ software application does?

AlgoTickZ functions as a middleware tool that utilizes the Trading API for Zerodha trading accounts. Acting as a link between the API server and signal generation applications like AmiBroker, AlgoTickZ receives instructions for placing entry and exit orders, relays these requests to the Zerodha API server, collects the server’s responses, and returns them to the client.

What is Amibroker, and why does your application work with it?

Amibroker is a popular technical analysis and charting software. Our application is compatible with Amibroker, allowing you to seamlessly integrate our algorithmic trading strategy with your Amibroker setup.

What are the fundamental prerequisites for operating your software?

To utilize our software, User should have a valid Zerodha trading account, API subscription and Real Time Data Feed. Zerodha API subscription costs Rs.2000 per month.

What does an API subscription entail?

When you acquire an API subscription, you’ll receive an API key and Secret key that are valid for one month. Using these credentials, you gain the ability to interact with your trading account through our application.

Typically, order will be fired automatically from our application through Zerodha API.

System requirement needed to run AlgotickZ software?

Uninterrupted internet service

Windows 10 or above

.Net Framework 4.8.1 or above

User with Administrator rights

Our software will not work in Linux or Mac operating systems

Brokers supported?

Zerodha (More brokers coming soon)

What is Amibroker, and why does your application work with it?

Amibroker is a popular technical analysis and charting software. Our application is compatible with Amibroker, allowing you to seamlessly integrate our algorithmic trading strategy with your Amibroker setup.

Why is third-party data necessary for optimal results?

Third-party data sources provide essential market data and historical information. Access to reliable data enhances the accuracy and effectiveness of our algorithmic trading strategy.

How do I integrate your application with my trading platform?

We provide detailed documentation and support to help you integrate our application with your trading platform, including step-by-step instructions.

Do I need technical skills to use your application?

No, our application is designed for users of all skill levels. You don’t need advanced technical knowledge to operate it.

Can I use your application with different types of assets (stocks, commodities, etc.)?

Yes, our application is versatile and can be used with various asset classes, including stocks, Stock Options, Stock Futures, Index futures, Index Options(Nifty, BankNifty, FinNifty, Sensex etc), commodities(Futures & Options) and more.

Is there a trial period or demo available?

Yes, we offer a trial or demo period for 3 days so you can experience our automated trading software and algorithmic strategies before making a purchase.

How is your application customized with back-tested strategy?

We provide a selection of pre-configured trading strategies with back-tested strategy. Our strategy is customized to gain max benefits from the market and tested for the same for more than 5 years.

Can I customize and create my own trading strategies with your application?

– Yes, our application allows you to create and customize your own trading strategies using Amibroker’s AFL language.

Is it possible to ensure that an order will be successfully placed?

Our software just passes your order request to Zerodha API server. Order placement cannot be guaranteed because it depends on multiple factors, including your system, network, API server, and OMS server. Various issues at any stage can lead to order failure. It’s important to note that even your broker cannot guarantee order execution due to these factors and external influences.

How can I get started with your application?

Please contact the number mentioned in the website.

What kind of support and assistance do you offer to users?

We offer customer support and assistance to help you get started and address any issues or questions you may have while using our application.

We don’t give any recommendations in stock selection. That is totally user choice.

What kind of technical support do you provide if I encounter issues?

We offer various levels of technical support, including online resources, email support, and phone support for troubleshooting and assistance.

Is my data and personal information secure when using your application?

We take data security seriously. Your information is protected using encryption and other security measures to ensure it remains confidential.

How often do you update your algorithmic strategies and software?

We regularly update our software and algorithmic strategies to adapt to changing market conditions and improve performance.

Do you provide educational resources for users new to algorithmic trading?

Yes, We do provide resources and guidance on how to effectively use our software.

Is it possible to use your software on multiple devices or platforms?

No, our software is designed for use on a single device.

Is my money refunded if I didn’t use your software?

No. Please go through the refund policy in our website.

I have taken subscription for one system but can I change my system in the middle?

Yes, Please contact the customer support to change the system.

Can I run the software in 2 different systems at a time?

No, one subscription, one ID, One System is valid.

Can a person with zero knowledge in Stock Market use your software?

Yes, a person with basic computer operation will be assisted by our team to use our software and will basic introduction of Stock Market.

Do I have to sit before the system continuously?

Yes, you don’t have to focus on the execution continuously but monitor the system and network connectivity.

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