Author name: Rajandran R

Co-Founder Algomojo

Sending Futures/Spot – Signals to Two-Legged Options Execution Module – Tradingview Pinescript Module

Thought of making an open-source Tradingview Pinescript code demanded by most of the option traders to control the cost, control the risk, and configure the two-legged option trading strategy of their choice with slicing larger orders feature. So here is a two-legged options execution Tradingview module for the Algomojo trading platform where users can configure modules on top of their own trading logic to convert any spot/futures signals into 9 types of two-legged options execution modules.

Sending Smart Futures/Spot – Signals to Two-Legged Options Execution Module – Amibroker AFL Code

Thought of making an open source AFL code demanded by most of the option traders to control the cost, to control the risk, and to configure the two-legged option trading strategy of their choice with smart order execution functionality and provision to slice larger orders. So here is a two-legged options execution Amibroker module for the Algomojo trading platform where users can simply drag and drop the module on top of their own trading logic to convert any spot/futures signals into 9 types of two-legged options execution module.

Send Smart Options Execution Orders from Futures or Spot Signals in Amibroker using Algomojo Platform

This tutorial provides instructions on how to utilize simple buy and sell trading signals in Spot/Future charts to place option orders (including ATM, ITM, and OTM options) on the Algomojo platform. Implementing this system can help traders mitigate risk, particularly in the event of unexpected market movements that may result in significant losses. Additionally, implementing ATM or ITM option buying strategies, as opposed to futures, may help to reduce the risk of extreme black swan events and significantly mitigate the potential for large gap-up or gap-down risks when carrying forward positions.

Evolution of Algorithmic Trading

Algorithmic trading aka automated trading refers to the use of computer algorithms to automatically generate and execute trades in financial markets. These algorithms are designed to analyze market data and identify trading opportunities, and they can be programmed to automatically execute trades based on predefined rules and criteria. Algorithmic trading is used by a wide range of market participants, including individual traders, hedge funds, and investment banks, and it can be applied to various financial instruments such as stocks, bonds, futures, and currencies. Algorithmic trading has become increasingly popular in recent years due to advances in technology and the availability of large amounts of data, as well as the benefits it offers such as faster execution and the ability to trade in large volumes without human intervention.

Algomojo Platform Now Open to Samco Users

We are excited to announce that Algomojo, the leading automated trading platform for professional traders and investors, is now open to SAMCO trading account users. Samco Ventures Private Limited, founded by CEO Mr.Jimeet Modi in March 2015, acquired Samruddhi Stock Brokers Limited and rebranded it as Samco Securities. The company has since established itself as …

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What is PlaceSmartOrder Feature in Algomojo? How to Build Intelligent Trading Systems using PlaceSmartOrder?

Algomojo is an automated trading platform that offers a range of features and tools for traders to build and intelligent automation in their own trading platforms like Amibroker, Tradingview, Python , MT4. MT5. Excel etc. One such feature is the PlaceSmartOrder API function, which allows traders to build intelligent trading systems that can automatically place orders based on existing trade positions in the position book.

Introduction to Execution Algorithms

Execution algorithms are computer programs that are used by institutional investors, such as mutual funds and hedge funds, to buy and sell securities in the market in a more efficient and cost-effective manner. These algorithms are designed to help institutional investors execute large orders in a way that minimizes the impact on the price of the security and reduces the overall cost of the trade.