Algo Test
Doing well in Options Trading means Algo Trading.
AlgoTest is a comprehensive no-code algorithmic trading platform designed specifically for the Indian derivatives market, focusing on options and futures. It supports trading strategies across six major indices—BANKNIFTY, NIFTY, FINNIFTY, MIDCAPNIFTY, SENSEX, BANKEX—along with 50 NIFTY50 stock options. The platform integrates seamlessly with more than 30 broker APIs, making it accessible for retail and professional traders alike.
With its user-friendly drag-and-drop strategy builder, AlgoTest empowers users to design, test, and deploy algorithmic trading strategies without requiring any coding skills. Traders can leverage historical data for backtesting, forward testing for paper trades, and execute live strategies with real-time broker integration.
Key features include heatmaps, option charts, strategy simulators, and payoff visualizations. The platform is also enriched with detailed reporting, trade replay, and advanced execution features such as order slicing, auto square-off, and percentage-based trailing stop loss.
AlgoTest operates on a credits-based pricing model, ensuring cost flexibility. All users receive 25 free backtests weekly, with paid plans starting at just ₹499, scaling upward based on credits and services consumed. Combined with extensive tutorials, documentation, and community support, AlgoTest serves as a robust solution for traders looking to automate and optimize strategies effectively.