Algo Trading in India: A Complete Beginner to Pro Guide
Algorithmic trading, or Algo Trading, is transforming how traders operate in India. Instead of relying on emotions or manual execution, traders are now automating their strategies using rules, backtests, and broker integrations.
What is Algo Trading?
In simple terms, algo trading is when you let a computer program execute your buy and sell orders. You define the rules—entry, exit, stop-loss, and risk management—and the system runs them automatically without errors or emotions.
Why Traders Are Choosing Automation
- ✔ Faster execution compared to manual trades
- ✔ Backtesting with years of historical data
- ✔ No emotional decision-making
- ✔ Ability to run 24/7 on cloud servers
Popular Brokers for Algo Trading in India
Some of the most commonly used brokers that provide API access for algo trading include:
- Zerodha (Kite Connect)
- Upstox
- Angel One (SmartAPI)
- 5paisa, AliceBlue, and more
Steps to Get Started
- Define your trading rules and strategies
- Test them on TradingView or similar platforms
- Backtest using historical data
- Integrate with your broker’s API
- Run live in small quantities before scaling
Example Strategy — EMA Crossover
// EMA Crossover Strategy (Pine Script v5)
indicator("EMA Crossover", overlay=true)
fast = ta.ema(close, 9)
slow = ta.ema(close, 21)
plot(fast, title="EMA 9")
plot(slow, title="EMA 21")
if (ta.crossover(fast, slow))
strategy.entry("Buy", strategy.long)
if (ta.crossunder(fast, slow))
strategy.close("Buy")
Backtesting Metrics to Watch
When testing your algo, always measure these:
- ✔ Net Profit
- ✔ Max Drawdown
- ✔ Win Rate
- ✔ Sharpe Ratio
- ✔ Consecutive Losses
Need Professional Algo Trading Setup?
For Pine Script development, automation, and broker integrations —
📞 +91 8658134199 | ✉️ contact@tradingviewbot.in
About the Author
Hi, this is a comment.
To get started with moderating, editing, and deleting comments, please visit the Comments screen in the dashboard.
Commenter avatars come from Gravatar.