Revised margins for UPSTOX for 1st February 2021

Upstox API down. Put SL M orders manually

We have two good updates to share:

1. We have extended Quantiply’s introductory free plan by another month for all users. Quantiply will be free till 28th February 2021

2. The SL M order exits is successfully implemented for the platform and is ready to be deployed. We are publishing the feature on the platform today evening. It will be available for use tomorrow onwards

Avoid risks of larger slippages and broker outages with Stoploss Market orders.

Now available on Quantiply with stress free auto-modification of SL-M orders when used with the Trailing Stoploss feature

https://twitter.com/Quantiply_tech/status/1356968265969373185

How to enable SL-M orders on Quantiply

POINTS TO NOTE [SL-M Orders]:

* SL-M order can be selected as an option from the Advanced Settings section at the bottom of the algo configuration page

* SL-M orders will be placed in the system as soon as the algo takes position

* Exit order type once selected cannot be modified while the trade is on. It can be modified only once the trade is closed and the algo is terminated

* Due to order modification and cancellation rate limits of the broker’s API, we have limited the Trailing Stoploss Frequency Interval to 15 seconds and onwards, and removed 1 second and 5 second intervals to any avoid failed modifications of SL-M orders

* The algo will modify the Stoploss Market orders in the system automatically when the stoplosses are trailed, in the case where Trailing Stoploss feature is enabled

* Do not cancel any trigger pending SL-M orders manually from the broker’s terminal. If cancelled manually, the algo will not be able to modify or re shoot Stoploss Market orders

* SL-M orders are only for stoploss exits and not for target exits. This feature should not be confused with Limit order types used for targets in general

* In the case of combined premium exits, all positions will be squared of with Market orders only and not SL-M orders

* In the case when SL M orders get cancelled in a ‘price out of execution range’ scenario, the algo will shoot market orders continuously till orders are executed. In such a case SL-M orders are not useful and will not be used

ALERT:
Zerodha API throwing errors today. Please check your positions. If trades not being taken as configured, then Terminate Algos and square off positions manually. We will update once the API starts running normally

ALERT:
Zerodha has resolved the issue. All orders should be executed normally post 9:46AM

FEATURE UPDATE

NRML or MIS - Order type toggle:
You can now define the order type for individual legs while configuring the legs of an algo

Use this feature to buy and sell in NRML and avail margin benefits

https://twitter.com/Quantiply_tech/status/1366391873279959045

Announcement:
The Lock profit, trail profit, lock and trail profit features will be available on Quantiply on Monday, 15th March

Lock profit, Trail profit and Lock & Trail profit features are now available, both in MTM and percentage

ANNOUNCEMENT:

Move SL to Cost feature is being tested currently, and will be available in a couple of days

Zerodha’s API has thrown some unexpected errors in the first 2-3 minutes. Please check your accounts. This is only Zerodha, Upstox is working fine

Zerodha’s API has thrown some unexpected errors in the first few minutes. Please check your accounts. This is only Zerodha, Upstox is working fine. Square off and terminate the algo, if the position status is showing 'WAITING' on your Quantiply dashboard

1. DUPLICATE ALGO

You can now duplicate/clone a fully configured algo to the same day and other days.
No need to configure the same algo for different days separately anymore. All the configurations of the algo get copied using the Duplicate feature

2. ‘SAVE SETTINGS & GO BACK’ BUTTON

Click on this button to save the algo and directly go back to the main page with all algos.
This eliminates the need to scroll up to the top of the page and hit the back button

3. SORT ALGOS by NAME or by STATUS

Sort or re-order algos alphabetically or by algo status. This features helps when you have algos named identically. Or when you want to only see algos that are ‘Active’ or ‘Ready’ or 'Enabled' or 'Disabled'