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FAQ

We at www.squareoff.in develop Intraday Trading strategies based on quantitative analysis with historical data, and once the strategy is developed, we create automate trading bots to place the orders automatically in your own trading account. In this article we will address all the frequently asked questions.

  1. How does it work?

We have different Intraday trading bots. Where its fully automated with Aliceblue broker platform, you just need to simply login & update your capital. The bot will automatically place entry, stop loss and target orders for you. You don’t need to install any software, with your mobile you can use this fully automated bot.

With Aliceblue platform users just have to login to https://squareoffbots.com/ every day after 8 am and enter their capital, that’s all. Bot will take care of the rest.

select broker as Aliceblue

Enter your your Aliceblue user id /password

Now click on enter capital and click submit. That’s all. Bot will automatically place entry, stop loss and target for you as per the strategy. No manual intervention required.

Where as with Zerodha/Upstox, users have to go to respective bots in Telegram app , enter their input and click the button to place orders. Check below the respective links to know how the bot would work with your Zerodha and Upstox account.

1. Golden Ratio Intraday Trading bot for Bank Nifty

Works with Bank Nifty futures, you just have to click a button morning at 9:25 am, that places entry, stoploss and target for you.

How it works: http://bit.ly/goldenratiohow
Performance: http://bit.ly/goldenratioreturns
Fee: https://imojo.in/GOLDENYEARLY
Free trial: http://t.me/golden_ratio_instant_bot

Min Recommended capital: Rs.50,000 to trade 1 lot

Fully Automated option available? : Yes, with Alice Blue broker

2. Stophunt Intraday trading bot for stocks
This bot has > 85% winning accuracy, one of the consistent performer, that scans stocks and quickly sends alert to enter. You just click the button and enter and make some quick profits 
 
How it works: http://bit.ly/stophunthow
Performance: http://bit.ly/stophuntreturns
Fee: https://imojo.in/STOPHUNT
Free trial: https://t.me/Stop_Hunt_Trial

Min Recommended capital: Rs.25,000

Fully Automated option available? : Yes, with Alice Blue broker

3. ORB Intraday trading bot for stocks

With this bot, there is no monitoring needed at all. Based on the builtin logic of our algorithm, it would automatically choose stocks to trade daily with both Buy & Sell triggers. All you have to do is just enter your capital and Target you want to keep for each stock. That’s it 
 
How it works : http://bit.ly/orbhowitworks
Performance: https://goo.gl/HhrK77
Fee: https://imojo.in/fullyautomatedorb
Free trial: https://t.me/orb_instant_bot

Min Recommended capital: Rs.25,000

Fully Automated option available? : Yes, with Alice Blue broker

4. Nifty option selling Intraday trading bot

This is a directional option selling strategy, generates only one trade a day with defined stop loss.

Users of Upstox/zerodha/Alicebluce who wanted to use their existing account, will get alert in Telegram like this at 9.16 AM every day, just click on the button.

It opens the page, where you can mention your lot size, and click on respective broker.

Which shows the respective Nifty option orders, with entry and stop loss. Just click on place, so your order gets executed instantly and respective stop loss will also be placed in your account. That’s all, by end of the day, you can exit your position.

Performance:

How it works : https://medium.com/@support_12620/nifty-intraday-option-selling-fully-automated-bot-1753d5cb7657
Fee: https://imojo.in/Niftyyearly
Free trial: https://t.me/squareoffOptionsTrial

Min Recommended capital: Rs.50,000 to trade 1 lot

Fully Automated option available? : Yes, with Alice Blue broker

5. RSI intraday short selling trading bot

Its an intraday short only strategy, that picks up the list of stocks which are expected to revert to mean, the max no of open position will be only 10 stocks max. Where it sends alerts in our Telegram channel in the morning, users have to just click and place the order, which places entry, target and stop loss. All in just one click, in their respective zerodha/upstox account. Where target is 6% and stop loss is 3%.

Min Recommended capital: Rs.25,000

Fully Automated option available? : Yes, with Alice Blue broker

6. Intraday Trend

Intraday Trend following strategy is a long only strategy, that focus on stocks which has shown some momentum already.

This strategy works on plain simple logic. It doesn’t focus on gaps, doesn’t focus on opening range or any other such known factors. Instead this strategy waits till 11:15 am, after 2 hours from market opens, that’s when the whole noise goes down. All over night news gets factored in the price of all stocks, the movements become stable, this is when our algorithm starts scanning the stocks.

The algorithm starts scanning all 150+ stocks and checks which are in uptrend by 11.15 AM. There could be multiple stocks which can show signs of uptrend, so our algorithm picks up top 5 stocks that has moved up >3% from Open to 11.15 AM, and go long on these 5 stocks with day open as stop loss. Once entry is done, we close the position by 3:20 PM, no targets.

So the rules are simple & straight forward.

  1. Look for stocks that has moved up >3% by 11: 15 AM from Day open.
  2. Go long at 11:15 AM candle close
  3. Stop loss Day open price, if stock goes below day open price, we exit.
  4. If stop loss is not hit, we close the position by 3.20 PM
  5. No shorts, only long.

Shorts will not work well with this logic because of short squeezes and mean reversion that often happens with beaten down stocks, hence going only long has ended up in higher profits with this strategy.

The Aliceblue automated platform will automatically execute this strategy in your account based on the capital you give as input.

The strategy has been tested from 2016 to 2020, it has given consistent returns year on year.

Min Recommended capital: Rs.25,000

Fully Automated option available? : Yes, with Alice Blue broker

All above mentioned strategies/bots are made fully automated with broker Aliceblue. you just need to simply login & update your capital. The bot will automatically place entry, stop loss and target orders for you. You don’t need to install any software, with your mobile you can use this fully automated bot. Please note that any open position after 3PM has to be manually squared off by the users, BOTS doesn’t do EOD square off.

This is how the fully automated platform works, please check this video

https://youtu.be/NwI3Ou_885Y

2. I have an existing Aliceblue account. Can I use that?

Yes, It works. You can simply go to this link, login with your facebook account and start your free trial. 

https://squareoffbots.com/aliceblue/login

3. Can I use my Zerodha/Upstox account?

Yes, our bots works with Zerodha and Upstox with your existing account, but its not fully automated like Aliceblue. Your manual intervention is needed, for someone who is working professional and who do not have time, we recommend to go with Aliceblue since everything is fully automated.

4. Why its not fully automated with Zerodha or Upstox or with other brokers?

Brokers like Upstox/Zerodha charges almost Rs.4000 per month to use their API, its an additional cost the user has to pay, if they wanted to use fully automated platform, where brokers like Aliceblue provide api free of cost, so traders don’t need to spend extra cost for fully automated platform.

5. Am a working professional, will this product suit me?

Yes, our platform doesn’t require you to sit in front of the system all the time, you just need to login to our platform once in the morning before market opens and update your capital, that’s all. You can carry on with your work, our fully automated bot will take care of all order placement by itself.

6. I have my own strategy, can you develop a bot ?

No, our platform doesn’t support custom strategy. All our bots comes with inbuilt strategies.

7. Does it generate profits every month?

No, please note that algo trading makes the execution easier, it doesn’t gaurentee profits. Just like any trading system, these trading bots also goes through streaks of losses. So we should focus only on quarterly/half yearly period about the performance.

8. What is the minimum capital required to trade the trading bots?

Even with Rs.25,000 one can trade using our bots.

9. Can I get a free trial? What is the process?

Yes, you can get free trial for all our bots. You just have to open new Alice Blue account using this link https://squareoffbots.com/aliceblue once your account is opened, go to this link https://squareoffbots.com/aliceblue/login and start your free trial

10. What is QSIP?

Quantitative Systematic Investment Plan:

https://www.instamojo.com/Square_off/qsip-monthly-savings/

  • It works like stock recommendations, the algorithm mails you list of 5 stocks every month. You need to buy ityourself in your account
  • Its for long term, so it keeps sending only the best performing stock, if a stock is performing poorly, the system will not recommend that stock next time and we dont need to sell or exit any holdings, the idea behind it to accumulate BEST stocks every month.
  • There are months same set of stocks could repeat when its continues to perform well, and there are months, where different set of stocks comes in list.
  • It generates on average of 15 to 22% returns
  • All the user need to do is, just buy the stocks every month that we send on or before 10 th of every month.

11. Do you provide any training?

At times, we conduct online webinar on Trading strategies, if you wanted to access training videos, please check the following link

Option Trading Strategy Training:

https://imojo.in/expirytraining

Positional Stock Trading Strategy Training:

https://imojo.in/positionaltraining

BTST Stock Trading Strategy Training:

https://imojo.in/BTST

Golden Ratio Bank Nifty Intraday Trading Strategy Training:

https://imojo.in/goldenratio

All training videos at discounted price:

https://www.instamojo.com/squareoff/all-training-videos-combo-pacl/?ref=store

12. Do you provide monthly subscription plans?

No, all our trading bots subscriptions are available only on half yearly and yearly basis. You can check the pricing of bots here http://instamojo.com/square_off

13. Do you provide any discounts?

We provide you access to all bots at discounted price, each bot is priced at Rs.10,000 for 6 months , we have 5 different bots, so if you wanted to subscribe to all bots, you end up paying Rs.50,000 to get access to 5 bots just for 6 months whereas with just Rs.25,000 per year +gst, you can get access to all our trading bots for one full year. https://imojo.in/allbotsyearly

14. How can I reach you guys?

We can be reached at support@squreoff.in or ping us in telegram at http://t.me/squareoff we do not have any help desk voice support, all queries are addressed only through our email/chat support system.