Algo Trading @MasterTrust

Dear Traderji Members,

Wish you a happy Spring season!

We, MasterTrust, are a 30+ year old group with presence in 650+ branches PAN India. You can visit http://mastertrust.co.in/ for complete details.

Now coming straight to the exciting part! We have pioneered a range of algo trading products for everyone- whether a beginner with backtested strategy or sophisticated trader seeking statistical risk management requirements.

1. The most basic facility for Algo Trading is Bracket Order, where you can set Trade Entry with StopLoss (trailing) and Target through a single window.
2. Our flagship product MasterTrader v3.0 smoothly integrates with Amibroker to provide you following: NSE Cash Data + NSE FO Data + NSE Currency Data + MCX Data +Strategy Automation + Strategy Customization + Smart Execution +Multi-Client, Multi-Strategy Dashboard. For any amibroker AFL queries you can ask in this thread and our expert will respond
3. Advanced traders can have automation through Excel/Matlab or any other custom solution

For more information please visit http://mastertrust.co.in/MasterTrader/Index.aspx?source=tj and fill the inquiry form for a personalized technical consultancy.

Happy Trading!
AlgoTrading@Mastertrust
http://mastertrust.co.in/MasterTrader/Index.aspx?source=tj

Dear Sir,

Thank you for the information. At present I am doing trading in MCX through Zerodha. Can you please provide your brokerage structure as well as the charges for using your algo trading sotware.

Regards,

ATHARSH

Let me How much cost involved for single client and multi client ???

Dear atharsh and psubasri,

Our standard rates are 0.02% for non-delivery based trades, which may be customized depending upon volume. If you are looking for a custom solution, please send me a PM.

Please also specify which Algo Trading product you want to use.

do you provide any demo or demo account? i cant find anything on your website.

Single client is for 999 per month plus service tax... Multiclient is for 1499 per month plus service tax....u don't need amibroker data..it comes packaged into it

Kriya..yes demo is available...u may set it up anytime

.02% means 2000/crore are you sure of that? I understand that you are launching some breakthrough products, but I wonder in this age of competition one is willing to shell so much money for algo trading.

Dear Ashu,

We appreciate your feedback. The mentioned brokerage rates are rack rates and customisable based on volume of the client.

Nevertheless, you have to appreciate that algo trading requires incurring of huge support and other costs at broker end. So either these costs are recovered with high monthly fixed charge creating an entry barrier for retail client or the fixed charge is kept to minimum possible and rest compensation coming in from brokerage which is volume driven.

Usually, when a client starts trading on an algo platform , he experiments, therefore, a high fixed monthly charge is detrimental to the interest.

If the client does not trade very heavily, then our solution is much cheaper at the prices offered as data for major charting software is built and that too for all segments.

We believe that the value that will accrue to you by using our solution is not from brokerage costs but from the solution itself.
For eg. If you are an amibroker based trader, then you get high quality amibroker data without any additional cost with the platform itself because we know that data and trading have to be seamlessly integrated. If there are two vendors then no one is able to address the issue when it arises. This we learnt from our past experiences and implemented it. This led to investments as the data had to be very high quality.

Trust the above will entice you to take the demo atleast of our one-box solution...

Happy Trading!
AlgoTrading@Mastertrust
http://mastertrust.co.in/MasterTrader/Index.aspx?source=tj

Puneet,
I had a demo yesterday. I couldn't understand the utility of entering the time frame when we're creating a new strategy in MT3. I asked the same to the guy giving demo, what he said was that the strategy is applied to this time frame.. I use time independent charts for trading i.e. range bars, volume bars. The guy told me that developers would be able to give me that. But it's limiting to an extent. What if I decide to change the nature of the bars? I'd have to get to support first.