NEXT WEEK WEEKLY CONTRACTS
Now available for Nifty, Banknifty, Finnifty, Midcpnifty, Sensex & Bankex.
Monthly contracts will be available in the coming week.
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Combine FASTER execution, with ZERO charges on Quantiply subscription fees.
Upstox’s new HFT based upgrades are LIVE on Quantiply. Experience faster execution with significantly improved latency of upto ~40% for order placement, order cancellation and order modification.
More info:
UNLIMITED + FREE Subscription plan for UPSTOX Users
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With reference to the new RE COST type Re-entry setting on Stockmock announced here: Stockmock Twitter Post, to replicate this type of Stockmock setting on QUANTIPLY choose the following setting under Advanced Settings:
Re-entry method: LTP
Re-entry method: LTP
MONTHLY CONTRACTS
Now available for Nifty, Banknifty, Finnifty, Midcpnifty, Sensex & Bankex.
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🪔 Happy Diwali to our entire Quantiply family 🪔
In the spirit of Diwali, we extend our sincerest appreciation for your continued love and support.
As a token of our love and gratitude, a 25% Off Discount coupon has been added to the 'Confirm Subscription' page. This coupon will be valid till 30th November 2024.
To apply this discount coupon on your current active subscription, go to the subscriptions page and switch to a lower or higher plan and select the coupon HAPPYDIWALI2024 on the 'confirm subscription' page.
In the spirit of Diwali, we extend our sincerest appreciation for your continued love and support.
As a token of our love and gratitude, a 25% Off Discount coupon has been added to the 'Confirm Subscription' page. This coupon will be valid till 30th November 2024.
To apply this discount coupon on your current active subscription, go to the subscriptions page and switch to a lower or higher plan and select the coupon HAPPYDIWALI2024 on the 'confirm subscription' page.
🪔 Diwali celebrations continue.. 🪔
LAUNCHING A NEW SUBSCRIPTION PLAN
👉 VALUE PLAN 👈
Save Rs. 500 on SEMI PRO and PRO plans.
Now you can trade 2 strategies per day, only for Rs. 500/month. Additional strategies only at Rs. 250 per algo per month.
You can switch from the SEMI PRO / PRO plans to the VALUE plan from the Subscriptions page
NOTE: If you switch to the VALUE plan, make sure the number of algos in the current plan and the number of algos in the VALUE plan are the same. If the plan switch to VALUE plan has lower number of algos, then the change will take effect only before 9 AM or after 3:30 PM.
LAUNCHING A NEW SUBSCRIPTION PLAN
👉 VALUE PLAN 👈
Save Rs. 500 on SEMI PRO and PRO plans.
Now you can trade 2 strategies per day, only for Rs. 500/month. Additional strategies only at Rs. 250 per algo per month.
You can switch from the SEMI PRO / PRO plans to the VALUE plan from the Subscriptions page
NOTE: If you switch to the VALUE plan, make sure the number of algos in the current plan and the number of algos in the VALUE plan are the same. If the plan switch to VALUE plan has lower number of algos, then the change will take effect only before 9 AM or after 3:30 PM.
⚡New feature ⚡
JOURNEY
The Journey feature allows you to define new entry and exit rules to the legs that are configured to enter or re-enter after the main leg/previous leg has exited, allowing you to create a separate 'journey' for each entry.
Documentation: https://quantiply.tech/documentation/features-trade-logic/journey/
JOURNEY
The Journey feature allows you to define new entry and exit rules to the legs that are configured to enter or re-enter after the main leg/previous leg has exited, allowing you to create a separate 'journey' for each entry.
Documentation: https://quantiply.tech/documentation/features-trade-logic/journey/
⚠️❗ ALL USERS ❗⚠️
Please note 20th of November 2024 is a trading holiday on account of Assembly Elections in Maharashtra.
For Positional algos with N days setting for End date, please make changes to your end day setting appropriately.
For example:
For Nifty contract expiring on the 21st Nov 2024 Current setting of 2 days before expiry will trigger exit on Monday 18th Nov and not on Tuesday 19th Nov. So you can reduce the count from 2 days before expiry to 1 day before expiry if you want the positions to exit on Tuesday.
Similarly, if you have set the End date to 1 day before expiry, the exit will be triggered on Tuesday 19th Nov.
No changes required for the contracts expiring in the upcoming current week for FINNIFTY, MIDCPNIFTY and BANKEX.
But you can make appropriate changes ie. reduce a day count in the end day setting IF APPLICABLE as per your strategy logic to strategies where Next Weekly/Monthly are selected. And easy way to check is to check the expiry date for each contract and count the expiry day as the 0th day and back calculate when your exit will be triggered and then make changes to the end date setting if you want to.
Please note 20th of November 2024 is a trading holiday on account of Assembly Elections in Maharashtra.
For Positional algos with N days setting for End date, please make changes to your end day setting appropriately.
For example:
For Nifty contract expiring on the 21st Nov 2024 Current setting of 2 days before expiry will trigger exit on Monday 18th Nov and not on Tuesday 19th Nov. So you can reduce the count from 2 days before expiry to 1 day before expiry if you want the positions to exit on Tuesday.
Similarly, if you have set the End date to 1 day before expiry, the exit will be triggered on Tuesday 19th Nov.
No changes required for the contracts expiring in the upcoming current week for FINNIFTY, MIDCPNIFTY and BANKEX.
But you can make appropriate changes ie. reduce a day count in the end day setting IF APPLICABLE as per your strategy logic to strategies where Next Weekly/Monthly are selected. And easy way to check is to check the expiry date for each contract and count the expiry day as the 0th day and back calculate when your exit will be triggered and then make changes to the end date setting if you want to.
Here's 2 new updates:
1. Bulk Edit:
The bulk editing functionality allows you to add or modify settings to multiple selected legs at the same time making it easy to manage settings of multiple legs.
Video: https://youtu.be/6E5NrlQXYNM
2. Advance placement of Journey Entry orders:
You can now place Journey entry orders in advance by selecting the Advance setting under the "Journey Order Placement:" setting. Advance placement of Journey orders will work only with the LTP Journey method and not the Candle Close method.
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RE-ENTRY / RE-COST / RE-EXECUTE Update:
A separate RE-ENTRY setting has been added in addition to the RE-COST and RE-EXECUTE settings.
Now, simply select the exact setting based on your Stockmock backtest without having to configure any additional setting like 'Re-Entry Method'.
The older 'Re-Entry Method' is now termed 'Re-Execute Method' as this setting is only applicable for Re-Execute type of re-entry and not applicable for Re-Cost and Re-Execute.
Go through the Documentation to understand the main differences between Re-Entry & Re-Cost:
https://quantiply.tech/documentation/features-trade-logic/re-entry/#II._Understanding_the_3_types_of_re
Please make the appropriate changes to your algos on Quantiply based on the settings in your Stockmock backtest.
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Here's 4 new updates:
1. Futures as underlying for Strike Selection:
You can now use Futures as underlying to determine the strike selection for your trades.
2. Synthentic Futures as underlying for Strike Selection:
You can now use Synthetic Futures as underlying to determine the strike selection for your trades. Read more about this functionality along with an example and it’s use case here:
https://quantiply.tech/documentation/other-features/underlyings-for-strike-selection/#3._Synthetic_Futures%3A
3. Next Monthly Contracts:
You can now trade in Next Monthly contracts of Indexes where Weekly contracts are unavailable. Next Monthly contracts are now tradable in Banknifty, Finnifty, Midcpnifty & Bankex.
4. New Strike Selection Method: Percentage of Underlying:
The percentage value of the current spot price is calculated and strikes with premium closest to the calculated percentage value are selected.
Read more about this functionality along with an example here:
https://quantiply.tech/documentation/features-trade-logic/entry-logic-percentage-of-underlying/
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1.UPDATE:
Re-entry max count Type setting under Advanced Setting has been updated. The ‘Common’ setting will now function just like the ‘Individual’ setting. So whether you select ‘Common’ or ‘Individual’, it will function like ‘Individual’ only. This update in inline with Stockmock, as Stockmock now allows individual re-entry count setting for Target based re-entries and Stoploss based re-entries. This setting maybe completely removed sometime in January 2025.
2. NEW FUNCTIONALITY:
MTM SETTINGS INCREASE/DECREASE functionality:
With the upcoming lot size changes in NIFTY and SENSEX, you may need to increase or decrease your MTM Stoploss, MTM Target, Trailing Stoploss and Lock & Trail values that are specified in AMOUNT.
The following MTM increase/decrease functionality allows you to select multiple algos at the same time and increase or decrease the MTM exit settings specified in AMOUNT by multiplying or dividing it by a factor chosen by you as specified based on the lot size changes.
This functionality is only being provided so that you don’t have to individual change MTM exit settings individually for each algo.
Please go through the documentation on how to use it, it’s limitations and it’s use case, before you use this functionality: https://quantiply.tech/documentation/other-features/mtm-setting-increase-decrease/
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SENSEX LOT SIZE CHANGE & EXPIRY DAY CHANGE
1. Those trading WEEKLY contracts in SENSEX can make changes to their quantities as lot size or weekly contracts expiring next week will have new lot size 20. On the algo dashboard the quantity for Weekly contract selection will change from 10 to 20 directly only on Monday morning at 8:30 AM, but you can go ahead and make changes to your quantity settings as per lot size 20, beforehand. Note: Monthly contracts of Sensex expiring on 28th Jan will still have lot size 10 only.
2. In the upcoming week, Sensex Weekly Contracts expiring on the 10th of Jan, Friday will now expire on the 7th of Jan, Tuesday, and going forward all Weekly & Monthly contracts of Sensex will expire on Tuesdays.
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📣 BROKER LAUNCH 📣
Quantiply now supports broker AliceBlue
Setup documentation: https://quantiply.tech/documentation/broker-setup/alice-blue/
Quantiply now supports broker AliceBlue
Setup documentation: https://quantiply.tech/documentation/broker-setup/alice-blue/
New Functionality
SPECIFIC STRIKE Selection
Now you can configure the exact strike that you want to take an entry in.
Steps to configure specific strikes:
Step 1: From the entry type drop down box select the option "Specific Strike" for a particular leg.
Step 2: Once Specific Strike option is selected, you will see a text box next to the entry type box, in the text box type in the exact strike level that you want to enter. You only need to type in the strike level which will be in numeric values only.
For example: You want to enter NIFTY 23500 CE, you will enter only 23500 in the text box, as seen in the above screenshot.
Documentation: https://quantiply.tech/documentation/features-trade-logic/entry-logic-specifc-strike/
SPECIFIC STRIKE Selection
Now you can configure the exact strike that you want to take an entry in.
Steps to configure specific strikes:
Step 1: From the entry type drop down box select the option "Specific Strike" for a particular leg.
Step 2: Once Specific Strike option is selected, you will see a text box next to the entry type box, in the text box type in the exact strike level that you want to enter. You only need to type in the strike level which will be in numeric values only.
For example: You want to enter NIFTY 23500 CE, you will enter only 23500 in the text box, as seen in the above screenshot.
Documentation: https://quantiply.tech/documentation/features-trade-logic/entry-logic-specifc-strike/
👉 New Advanced Setting 👈
"ENTRY RESTRICTION FOR NEXT DAY"
This setting is only applicable if your strategy is based on a Stockmock backtested Positional and contains Wait & Trade and/or Range Breakout.
This setting allows you to decide whether you want the initial entries of Wait & Trade (W&T) or Range Breakout (ORB) trades to happen next day or not, incase of Positional strategies. In case of Stockmock backtested strategies, if the initial entry hasn't happened on the strategy Start Date, then those entries will not happen on the next day or the following days.
Please read the detailed documentation to understand this setting and it's use: https://quantiply.tech/documentation/advanced-settings/entry-restriction-for-next-day/
"ENTRY RESTRICTION FOR NEXT DAY"
This setting is only applicable if your strategy is based on a Stockmock backtested Positional and contains Wait & Trade and/or Range Breakout.
This setting allows you to decide whether you want the initial entries of Wait & Trade (W&T) or Range Breakout (ORB) trades to happen next day or not, incase of Positional strategies. In case of Stockmock backtested strategies, if the initial entry hasn't happened on the strategy Start Date, then those entries will not happen on the next day or the following days.
Please read the detailed documentation to understand this setting and it's use: https://quantiply.tech/documentation/advanced-settings/entry-restriction-for-next-day/
COMBINED PREMIUM ENTRIES
This functionality allows you to enter positions when the combined premium (ie. the sum of the premium prices) of two symbols/legs is higher than or lower than or in-between a specified level or range.
Use Case:
STRADDLE / STRANGLE CHART based Combined Premium Entries and Re-Entries
Example:
Say the current price of an ATM Call (22850 CE) is 336.35 and ATM Put (22850 PE) is 71.30, the sum of the two premiums is 407.65. Say you give an entry condition to enter trades when the Combined Premium or the sum of two premiums is higher than 420 or lower than 400. In this case if the sum of the premiums of the Call and Put goes above 420, then the algo will immediately enter your trades, or if the sum of the premiums of the Call and Put goes below 400, then the algo will immediately enter your trades.
There are 4 different types of Combined Premium entry conditions or settings that can be configured:
1. Lower than
2. Higher than
3. Higher than or Lower than
4. Between range
Steps to configure and run the ‘Combined Premium’ functionality:
1. Configure 2 legs in the legs section of the algo. Example: Configure ATM CE and ATM PE
2. Select ‘Combined Premium’ from under the ‘Premium Matching’ options.
3. Scroll up and mark the 2 legs that need to be matched. (Read here on how to mark 2 legs: https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#II._How_to_enable_the_Premium_Match)
4. Select one of the 4 types of Combined Premium settings and configure the values.
5. Enable the strategy and run
Make the most of the ‘Combined Premium’ functionality by clubbing it with MTM Stoploss or MTM Target re-entries.
If you configure MTM Re-entry for MTM SL or MTM Target hit, then the Premium Matching condition will be checked again before the Re-Entry can be done. So, only if the Premium Matching condition matches will the re-entry be done.
Additional setting:
Condition Matching Frequency setting:
1. LTP (Continuous Monitoring)
2. Candle Close (Check once at the end of the minute)
(https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#IV._Additional_setting%3A_%22Condition_0)
Please go through the detailed documentation on this functionality and how to use it, here: https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#5._Combined_Premium%3A
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⚠️❗ ALL USERS ❗⚠️
Markets will be open today, 1st February, Saturday as it is the Budget announcement. Quantiply will be operational and will run like any normal trading. All STBT/BTST trades taken yesterday will exit today only. Please make changes N days setting change to your Positional algos to account for the additional trading day in case it is required.
Markets will be open today, 1st February, Saturday as it is the Budget announcement. Quantiply will be operational and will run like any normal trading. All STBT/BTST trades taken yesterday will exit today only. Please make changes N days setting change to your Positional algos to account for the additional trading day in case it is required.
👉 New Advanced Settings 👈
1. Target & Stoploss Calculation Method:
https://quantiply.tech/documentation/advanced-settings/target-and-stoploss-calculation-method/
2. Re-Cost Activation setting:
https://quantiply.tech/documentation/advanced-settings/re-cost-activation-setting/
Both the above settings are being offered for additional flexibility. You don't have to use these if you don't have to. The default settings are just fine if you are using Stockmock.in for backtesting.
1. Target & Stoploss Calculation Method:
https://quantiply.tech/documentation/advanced-settings/target-and-stoploss-calculation-method/
2. Re-Cost Activation setting:
https://quantiply.tech/documentation/advanced-settings/re-cost-activation-setting/
Both the above settings are being offered for additional flexibility. You don't have to use these if you don't have to. The default settings are just fine if you are using Stockmock.in for backtesting.
📣 BROKER LAUNCH 📣
Quantiply now supports broker DHAN
Setup documentation: https://quantiply.tech/documentation/broker-setup/dhan/
Quantiply now supports broker DHAN
Setup documentation: https://quantiply.tech/documentation/broker-setup/dhan/