Condition Builder
Runtime Variables Feature
With Runtime Variables, now you can store the High/Low of Entry Candle. You can use also use Runtime Variables to reset Trading View Signals after exit to prevent reentry. You need to use Get Runtime Keyword to retrieve the runtime variables. Pls watch the video below for detailed infoPopularHow to use "Leg TSL" keyword?
Leg wise Trailing Stoploss keyword Using Tradetron you can now build a Trailing Stoploss on each leg of your strategy. In order to add this keyword follow the steps shared below: Add the entry conditions and positions in your strategy Search for keyword "leg TSL" in your Universal exit, repair once, set exit. Click on the keyword and select the name of the instrument and input the locatPopularInitiate Variables Feature
You can now initiatize variables to set strikes, instruments or any other variable as per your requirement. The variables are retrieved in the condition builder using the Get Runtime Keyword. Pls check the video below for detailed info using wait and trade example.PopularHow to use "Leg Exit" keyword on Tradetron?
Leg Exit Keyword Adding a target and stop-loss to your instruments have become very easy on Tradetron using the Leg Exit keyword. Select the leg exit keyword as shown: Add your instrument name, set, condition and leg number and select your target or stoploss in percentage or points and assign a value to the same. (https://storage.crisp.chat/users/helpdesk/website/948b8c26d046a000/captPopularDifference between Repair Once and Repair Continuous
A Repair once condition once satisfied will not be checked again unless there is set exit or universal exit. Whereas a Repair continuous condition will be checked perpetually. This keeps room open for lot of infinite loop problems and hence the condition will have to be structured logically. To use the Repair Continuous condition prudently, you may have to pair it with net qty keyword so that it does not run in loop or maybe use Lastrepairedprice keyword depending on the strategy logic reqPopularHow to check conditions on Option chart, Spot and futures
Pls check the detailed video belowSome readersHow to copy paste Condition Builder
Follow the steps mentioned below to copy-paste condition builderFew readersRestrict the number of open positions in a strategy
Open Positions keyword is used to limit the trades to a certain number, greater than once or just 1. This keyword can be used to control number stocks in the list are currently trading (means placed order) Please note that Open Positions keyword only works when there is delay between positions of two instruments. if the signals for all instruments come at the same time then this keyword will not work Limiting the positions can only be done by reducing your list size there is no other way. FoFew readersHow to check conditions on Spot Chart
If you are looking to select for spot price, just select NFO -Bank Nifty - This will the give spot value. Now, if you select expiry month too, then it will check conditions on futures chart. Pls Refer the image belowFew readersHigh and low of entry candle using runtime variable
In this video we will explain you how to store entry candle high and low using runtime variables, which can be used as stop loss or target . https://youtu.be/Qaje2QKCj0wFew readersHow to check conditions on weekly option chart or next month futures chart
Follow the steps in the image below for expiry selection in condition builder Refer the below article to check conditions on option chart How to check conditions on Option chart, Spot and futures (/en/article/how-to-checkFew readersHow to check conditions on Futures chart
Pls refer the image below to check conditions on Futures chartFew readersMartingale adjustment strategy on Tradetron
The Martingale strategy is based on the principle of probability. It assumes that a price action of a security will often retrace. In order to benefit from this type of situation traders often use martingale strategy by booking loss in previous positions and then opening another slightly larger position in same contract. In tradetron this is how you can automate martingale system - https://youtu.be/rxOfQFFqWEkFew readers
Position Builder
How to place limit orders
Pls refer the below video to place limit orders at specific price from TradetronSome readersHow to select OTM/ITM strikes based on spot chart
To Select 1 Strike OTM from Spot Index for NIFTY BANK Call Option, you can use the following formula in ‘Strike Fx’ section of Position Builder: To Select 1 Strike ITM from Spot Index for NIFTY BANK Call Option, you can use the following formula in ‘Strike Fx’ section of Position Builder: (https://storage.crisp.chat/users/helpdesk/website/948b8c26d046a000/image7rjhyw.pSome readersHow to Select Strike based on Spot Index Chart
The below video will help you select strike based on Spot Index Value:Few readersFind strike based on options premium value
Pls refer to the image below for Answer strike selection on the basis of premium You can also refer to the video belowFew readersExpiry Fx in Position Builder: Different Examples of its uses
By default for options under Expiry section in Position builder, you have an option to select current week or current month. If trading futures, you need to select current month as expiry For selecting Current Week Expiry, use following in Expiry Selection: Current week For selecting Current Month Expiry, use following in Expiry Selection: Current Month (https://storage.crisp.chat/users/helpdesk/Few readersHow to use SLL orders in Tradetron
Kindly refer to the below video tutorial on how to use SLL in TradetronFew readersHow to use Paste Exit feature
Paste Exit Feature To expedite strategy building we have launched paste exit feature in the position builder. It works similar to paste button in position builder except the opposite positions will be created. To create opposite positions in the position builder, simply copy the entry legs and then in the respective position builder of repairs, click on paste exit. The strike field will automatically be changed to Traded Instrument strike referring to the copied leg and the position willFew readersFind Strike based on Delta
Kindly refer to the image below Find strike based on DeltaFew readersHow to copy paste Positions in Position Builder
Kindly follow the steps mentioned in the below video tutorial to copy paste Position builderFew readers
Advanced Settings
How to use Trailing Stoploss (TSL)
We have written a detailed blog on the usage and calculation of the TSL feature in Tradetron Kindly refer the below link TSL BlogPopularHow does Advanced Price Execution work ?
Advanced Price Execution There are 5 fields you can use to setup the price execution logic Initiation price Revision attempts Increase by tick Timeout and Final Action Kindly watch the below video to understand how advanced price execution feature works in Tradetron Exit at Market Price We have added a new update to the price execution flow, where you can selectively decide to use price execution only foSome readersExit Shorts first feature
Now avoid error executions with one of the most requested features. Find it under the Tranching sections in Advanced Settings Refer to this tutorial for more details -Few readersHow does Rollover on expiry work ?
Rollover on expiry This Parameter takes three inputs Choose expiry Hour Minutes Rollover after expiry As intuitive the name is, this parameter rolls over your derivative instruments on the day of expiry at the Hour and Minute specified by you. If today is expiry day of any underlying symbol in the strategy, all open futures or options positions of that underlying will be rolled over to next wFew readersFirst trade after exchange opens and Last Trade before exchange close setting
Take Trades This parameter has two inputs First trade after exchange open Last trade before exchange close Take Trades Parameter This parameter checks when is the first time and last time the Entry/Exit conditions are checked. For example: If you want the first trade to be after 930AM, you can set First trade after exchange opens to 15mins. For example: If your strategy has set the 'UniversFew readersHow does Tranching work ?
Tranching in Tradetron Tradetron allows you to split your multiple lots and multi leg order into various tranches so that you can get the best price with the least slippage. Tranching has two parameters, Tranch size and One tranch every You can setup this in the Tranching dropdown which by default is at 100% meaning the total quantity is pushed at one go. If you wish to send it in 2 tranchFew readersWhat is Condition check Frequency
The time duration the Trading engine waits before processing your strategy for condition checks is called condition check frequency By default its set to 1 min. For high frequency strategies, you can set this to check continuously. As a strategy creator, whatever you set this to will be applicable to all your subscribers. So if you are a creator plan choose a continuous check, it will be applied to all your subscribers deployment automatically (https://storage.crisp.chat/users/helpFew readersWhat are the different type of executions possible ?
Paper Trading : A paper trade is simulated trading which allows investors to buy and sell securities without risking real money. Live – Offline : Assume your broker is not algo enabled. No worries. Once the strategy is ready to take a trade we will reach out to you or your broker using a wide gamut of communication methods (whatsapp, email, SMS, voice call). And then leave the rest to you and broker to take forward in whatever manner you are comfortable with. Live – Auto oneclickFew readersHow does overnight protection work ?
All the legs assigned in each set under this block will be traded 15 minutes before the time set by you in Last Condition check before exchange close and they will be reversed the next working day immediately after the time set by you in Start Condition check after exchange open. This allows you to take hedges to your short option positions to protect your strategy from blackswan events without wFew readers
Universal Exit
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Lists
How to create strategy over list of stocks
You can select Lists under instruments, there are some predefined lists like NIFTY 50, BANK NIFTY, cashstocksFno by default. You can also create your own lists of stocks. Though it is recommended that the list should not exceed 40-50 stocks. Pls refer the image below for more clarityFew readersHow to create list
List is nothing but a collection of instruments which you create beforehand and then assign it to your condition for checking, just like you would to a single instrument Pls check the below video to understand how to create lists You can refer this article to check conditions on list - How to create strategy over list of stocksFew readers