Algorithmic Trading in association with Global Data Feeds

Please note that the SAMCO NEST PLUS API used for entering Algo orders in NEST Terminal has been deactivated by Thomson Reuters. Thus, Algo Orders using 3rd Party Software would be non functional. So kindly do not pay for subscription charges to any 3rd party vendor.
Algorithmic Trading in India

In our guidelines on how to trade in the markets succesfully, we’ve emphasized on the need for trading strategies and plans. Several of our clients are desirous of using Amibroker Trading Plugin for algorithmic trading i.e. auto-execution of strategies, back testing and developing strategies amongst other things.

For enabiling algorithmic trading, SAMCO has entered into an exclusive partnership with Global Financial Datafeeds LLP (GDFL) to facilitate the Amibroker Trading Plugin for its clients across India.

What is the GDFL – SAMCO Trading Plugin?

The plugin is an interface between AmiBroker and SAMCO’s EXE Trading Terminal – SAMCO Trader to facilitate algo-trading and it automates a whole host of tasks associated with placing Buy and Sell Orders.

What all can you do with this plugin?

  • Automate Trading – The plugin facilitates automated trading by connecting the Amibroker with the SAMCO Trader
  • Backtesting - The plugin enables portfolio-level backtesting of strategies
  • Multi-Symbol, Multi-Strategy and Multi-Chart Trading – The plugin supports these setups
  • Enables Line Pair Trading (LPT) which allows traders to enter and exit positions based on positions of 2 user-drawn lines (Buy and Sell) in the charts
  • Enables Trailing Stop Losses and Target Based Exits as well as Manual trading

What do you need to begin algo trading?

  • SAMCO Trader: You need the EXE version of our Trading Platform. The same is available to all our customers FREE. In case your, not an existing customer,
    Open an Account Here.
  • Amibroker License: You need one of the following AmiBroker – Amibroker Standard, Professional or Ultimate Pack Pro Editions.
    You can purchase the same at www.tradinganalysis.co.in
  • Any Real Time Data Package from Global Data Feeds (GDFL) –GDFL offers a special discounted rate for All SAMCO customers with a 40% Discount on all its data products. Click here for full details. This special price works out to as little as Rs. 33/day. You will need to mention your SAMCO client code at the time of subscription.
  • A Trading Plugin: Provided free of cost by GDFL as a value added inclusion to the data package.
  • An active NEST Plus Trading Subscription: You can activate NEST Plus by raising a ticket on the SAMCO Support Helpdesk. The cost for the NEST for the NEST Plus Trading Plugin Subscription is as under. The same can be purchased On the Omnesys Website – Click here.
Plus API Pricing
Monthly subscription – Rs. 299Quarterly subscription –Rs. 716
Semi Annual subscription – Rs.1313Annual subscription – Rs. 2150

The First Step – Take a Trial

While algo trading or automated trading with the help of trading plugins can make life easier and faster, the same can also sometimes be an overwhelming process. We would recommend you to take a trial of the same. Also, it is highly recommended to test the functioning of your trading strategy thoroughly before you scale up your algorithmic trading with the aid of trading plugins, softwares, etc.

Click here on steps to take a trial

As a part of our association with GDFL, you will get a free trial of the Amibroker for 30 days and the realtime data + trading plugin for 3 days. You can also get in touch with the GDFL team for support via live chat.

You must checkout Videos and Tutorials on how the process work by clicking here.

In case you need any further information or need any clarifications, you can get in touch with the GDFL team for more details.

Please note that the SAMCO NEST PLUS API used for entering Algo orders in NEST Terminal has been deactivated by Thomson Reuters. Thus, Algo Orders using 3rd Party Software would be non functional. So kindly do not pay for subscription charges to any 3rd party vendor.

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