
Key Features of PrimeTrade Pro
PrimeTrade Pro is a next-generation algorithmic trading platform designed specifically for options traders. Its advanced features make automated trading seamless, reliable, and highly customizable.
Thank you for reading this post, don't forget to subscribe!1. Automated Options Trading
- Automates buying and selling of Nifty, Bank Nifty, Fin Nifty, and other indices based on pre-defined strategies.
- Supports real-time execution of TradingView alerts via webhooks for faster decision-making.
2. Seamless Integration with Charting Platforms
- Direct integration with TradingView, enabling automated execution of alerts triggered by technical analysis.
- Works with AmiBroker and other third-party platforms for advanced strategy building.
3. Smart Signal Handling
- Supports multiple signal types:
- Buy Signals:
buycall
,buyput
- Sell Signals:
sellcall
,sellput
- Exit Signals:
exit
,exitbuycall
,exitbuyput
,exitsellcall
,exitsellput
- Buy Signals:
- Automatically selects the best strike price and expiry based on the signal type and trading conditions.
4. Multi-Broker Support
- Currently supports leading brokers:
- Zerodha
- Fyers
- Future support for additional brokers is planned.
5. Flexible Strike Price and Expiry Selection
- Automatically chooses At-the-Money (ATM), In-the-Money (ITM), or Out-of-the-Money (OTM) options based on the signal.
- Allows users to specify the expiry week (current week or future weeks).
6. Real-Time P&L and Position Tracking
- Fetches and displays real-time profit & loss (P&L) data for all open positions.
- Provides instant updates on open and closed positions for better trade management.
7. Paper Trading Mode
- Includes a fully functional paper trading mode to test strategies without risking real money.
- Helps users fine-tune their strategies before deploying them in live trading.
8. Stop-Loss and Target Management
- Built-in support for setting stop-loss and target levels to manage risk effectively.
- Automatically monitors and exits positions when targets or stop-loss levels are hit.
9. High Availability and Zero Downtime
- Built on a robust infrastructure to ensure zero downtime during market hours.
- Ensures uninterrupted trading even during high market volatility.
10. Secure and Encrypted
- Uses end-to-end encryption to secure all data and transactions.
- Webhook signals are authenticated using a secret key, ensuring that only authorized signals are executed.
11. Advanced Customization Options
- Users can configure:
- Lot size based on available capital.
- Maximum capital allocation per trade.
- Custom expiry and strike price settings for advanced strategies.
12. Priority Support
- Dedicated priority support for all subscribers, ensuring quick resolution of any issues.
- Comprehensive documentation and tutorials to help users get started quickly.