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Live Trading in Strategy Builder

You can start live trading with theAlgoTest Strategy Builder by following these simple steps:

Broker Setup

First, you need to add your broker in AlgoTest to enable live trading via the strategy builder. To connect your broker, please :click here and set up your broker.

Creating a strategy in Strategy Builder

To create a strategy in Strategy Builder follow some simple steps as shown below

  • Click on the Strategy Builder button on AlgoTest.

  • Select the underlying and expiration date of the contract you want to trade as shown in the image below.

  • Imagine we want to execute an Iron Fly strategy, so we will sell ATM call and put option and buy OTM call and put  optionas shown in the image below.  You can also select different strikes as per your risk profile.

  • You will find the payoff graph and all the important information in the analysis tab. You can analyze your strategy using the provided information.

Executing Strategy Live

  • Click on the Live Trade With button as shown in the image below

  • Select the broker as shown in the image below.

  • Save the strategy with the desired name by clicking on the confirm button.

  • Select the order type to execute a market or limit order, then click "Place all orders" to execute the strategy in one click.

  • You will be able to view and manage your positions under the "positions" tab as shown in the image below.

  • You can square off any individual or all positions by clicking on the square-off button as shown.

  • You can also temporarily disable/enable a position in strategy by clicking on toggle/untoggle button as shown in the image below.

  • You will be able to status of orders under the order book as shown in the image below.