RA (Research Analyst) ALGOS
We are glad to announce our new product RA Algos.Â
Now you can trade using the strategies developed by SEBI registered Research Analysts which will be automated for you on the AlgoTest platform.Â
The power of algo trading combined with Research Analyst strategies is a game changer and we are happy to bring it to you.Â
Who is a Research Analyst?​
In the trading space in India, a Research Analyst is a SEBI (Securities and Exchange Board of India) registered professional who analyses financial markets, securities, and economic data to provide insights, forecasts, and investment recommendations to traders and investors. Their primary role is to help clients or firms make informed decisions about buying, holding, or selling securities like stocks, bonds, commodities, and currencies.
SEBI Regulations:​
In India, SEBI has mandated that Research Analysts need to be registered to protect investors from misleading or biassed advice. They must follow strict compliance procedures and maintain a high level of transparency in their analysis. Some of the SEBI guidelines include:
-
Providing detailed disclosures in reports.
-
Avoiding personal trading on the stocks they analyse.
-
Ensuring that recommendations are backed by thorough research.
AlgoTest's RA Algos is compliant with SEBI's regulations and we provide access to all relevant information necessary to make informed decisions.
Trading is subject to market risks and AlgoTest isn't responsible for any losses incurred from using RA Algos. Please make sure you understand the risks involved before committing to any trades.
:For any queries reach out to us!
Accessing the RA Algos on AlgoTest​
Step 1 - Login to AlgoTest​
- Login to AlgoTest.in and go to the RA Algo button as shown in the image below.
Step 2 - Choose your RA Strategy​
- The RA algos will be displayed here. You can also choose any RA algo strategy from the list.
Step 3 - Save Strategy​
- Click on the save button.
Step 4 - Access Saved Strategies​
Go to the saved algos button as shown below, there you will find all the strategies that you have saved.
Step 5 - Algo Trade with RA Algos​
In your Intraday algo trade page you will find the section of RA algos as shown in the image below.
Step 6 - Choose Quantity​
In this section you will have the option to multiply the quantity of the RA algo.
Click on the quantity multiplier and change it to your desired quantity.
Step 7 - Activate Strategy​
After entering the desired quantity click on the activate button.
Step 8 - Select Broker​
Then you will have to select the broker of your choice to activate the RA algos and click on the activate button.
Step 9 - Monitor your live strategy​
After activating the algo you will see your strategy in the deployed strategies section on your Algo Trading dashboard.
These were the steps that you need to follow in order to subscribe and run a RA algo in your Algotest account. In case you need further assistance feel free to reach out to us on our telegram channel.