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Online stock brokerage Zerodha Kite Web has introduced two new features on the order window on its Kite web platform. The brokerage has introduced Sticky Order Window and Leverage Indicator features, it announced during a tweet. Both these additions are for Kite web for now, and can be made available on the Kite app soon, it added.
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What is Zerodha Kite Web Online stock brokerage Zerodha Kite Web has introduced two new features on the order window on its Kite web platform. The brokerage has introduced Sticky Order Window and Leverage Indicator features, it announced during a tweet. Both these additions are for Kite web for now, and can be made available on the Kite app soon, it added. What is Zerodha STREAK? A Glimpse Streak is an extension to Kite. Streak is that the world’s first retail Algo trading platform for which you don't require any coding skills. It serves around 9 million customers and has integrated with Zerodha, India’s largest discount broker. Streak helps you to make more than one million unique algos with various permutations and combinations with the help of more than seventy indicators. 1. You are able to create strategies within a minute. 2. Backtest these strategies on historical market data and deploy these strategies 3. sleep in the market. Backtesting may be a process of assessing a strategy’seffectiveness in generating profit by analyzing and applying a set of rules to historical data. The streak has the foremost powerful backtesting engine in the world that generates performance metrics for multiple stocks in a single click. 4. The streak interface is straightforward to understand, intuitive in its approach and very easy to work upon.
What is Zerodha Streak? In Detail Zerodha Streak may be a semi cloud-based Algo trading program platform that is broadly integrated with other trading platforms of a discount broker. As a web-based platform, there's no need to download any applications or software. Users can access the tool through any of the leading web browsers but only trade on the NSE. It's a platform that allows users to devise their tactics, strategies and semi-automate their trades to execute them accordingly. To perform algorithmic trades, there's no need for any coding required. the whole platform runs on the inputs given by the users in which options are provided in a graphical user interface format. they will work in different strategies and authenticate these strategies all on one platform. Zerodha Streak: Features to Know 1. Mutiple condition for creating algorithm: The user can add up to five conditions to their strategic algo to enable the user to track the progress of their Portfolio. 2. Technical Indicators: Streak has all the favored technical indicators such as Bollinger bands, Supertrend, Moving averages, RSI, Momentum Indicator and more. Chart patterns like Spinning top and Engulfing pattern are also available on the Platform. 3. Backtest result display: The user may result displayed for each of their algorithm testings. Each result comprises of a P&L curve, key performance metrics, and a downloadable transactions table. 4. Multiple Scripts deployment: The user can select up to twenty scripts at the same time and deploy them all at once. 5. Mobile Notifications: You receive real-time updates on the algo deployed through mobile notifications. All the activities for the day, like orders placed and worked will show up on the Kite order book. These would be notified to the user through mobile Alerts.
How does Zerodha Streak Work? To explain in layman terms, imagine "X" is an intraday trader that's looking to make some amount of profit in the stock market. But to form consistent profits, his eyes should be glued to the terminal session to understand what has to be executed when. Though initially , it is a fun and exciting venture, it does take a toll on the traders and becomes very exhaustive fast.Its where emotional quotient of the brain takes over the financial criteria's that need to be met, which affect the trading aspect of "X." But to beat this, the sole way out that seems to be feasible is by getting a complex algorithm to help "X" make sound investments without affecting his investment ventures. Its where tools like Zerodha Streak come into the bigger picture where Zerodha handles the coding part, all you've got to do is input your strategy based on your preference, and you're good to travel . it is the basic understanding of what Zerodha Streaks is all about. But to approach it from a technical point of view, there are 3 simple steps on how Zerodha Streak works. All of which are given as follows. Zerodha Streak: A Final Review For those trying to find an alternative in trading and meeting the conditions of how they wish to execute trades, then it is a perfect platform. Don't expect profitability to stay constant but then it's required to devise your strategy accordingly to see what outcome is favourable. Thus, this impressive platform not only enables its users to rearrange conditions to empower them to make financial planning easy, but also facilitate your with multiple options to create your own conditions.
What does one think about Zerodha Streak? Have you tried it? Did we miss any important point here? Do share your views and feedback on this algo trading platform in India.