Fully Automated Intraday ORB Trading platform- Aliceblue

  • Feb-07-2020

The Intraday ORB Trading bot has been made as fully automated now, zero manual intervention. Entry,target,stoploss and even auto Squareoff will be taken care by this new Fully automated Aliceblue trading bot. Follow the mentioned below instruction.

Please login to below link

https://squareoffbots.com/ with your credentials that we mailed to you.

select broker as Aliceblue

Enter your your Aliceblue user id /password

Now click on enter capital for ORB, type in your capital and click freeze.

Click Freeze

Now click Submit, all your inputs will be recorded, as and when orders are triggered it will be executed in your aliceblue account automatically. By 3:10 pm, if any orders are open it will be squared off automatically by system. Hence no manual intervention required.

If you wish to modify capital anytime, you can do so by clicking on Modify and enter updated capital and submit again. Also if you wish to stop the bot anytime during the day, you can do the so by clicking the stop button, which will stop placing any new orders in your account.

It works only with Aliceblue account that has been opened through SquareOff partner link. You cannot use your existing account, if you do not have one, open AliceBlue account using mentioned below link and as a launch offer we provide one month free subscription for the Fully automated ORB platform for first 100 users who open Aliceblue account using the below link.

https://app.aliceblueonline.com/OpenAccount.aspx?C=TM979&C=TM979

Please use the below payment link to subscribe to 1 year plan

https://imojo.in/fullyautomatedorb

Strategy:

The strategy is plain 15 mins opening range Breakout. The system calculates what’s the first 15 mins high and low of the stock, so after 9:30 AM, when high range is broken Buy order is triggered with 15 mins low as stop loss. If low range is triggered, then short order is triggered with 15 mins high as stop loss.

No Targets or Trailing stop loss used, all position gets closed by EOD.

List of stocks:

Daily 10 stocks will be selected by the bot based on pre-open session. Top 5 gainers and Top 5 losers will be selected from the fno list.

https://www1.nseindia.com/live_market/dynaContent/live_watch/pre_open_market/pre_open_market.htm


At times when high priced stocks like Eicher mot, page industries or when penny stocks like Idea comes in the list, such stocks will be ignored by the bot.

Quantity:

Capital entered to the bot will be allocated to each stock, if you enter Rs.10,000 as capital, then each stock will be allocated with Rs.10,000 capital and total exposure will be 1 lac, as ten stocks will be traded. Since we trade in Intraday, the leverage provided by Aliceblue will help to trade all ten stocks with 10k capital.

Consider the below example, 10k capital and 10 stocks has to be traded, the bot calculates the orb ranges and based on stock price entry and capital, quantity is calculated, Zeel buy price is 257.8 and capital is Rs.10,000 so quantity is 10000/257.8=39.

Since we are trading with 10 times exposure, the risk is also higher. The max drawdown is as high as -72%. So if one trades with 1 lac capital, he can lose most of it. 

So the wise way to trade is, always trade with one third of your capital. Say you have 1 lac in your account, but give Rs.30,000 as capital, this way, even 30k is lost , you lose only 30% of your actual capital but make good returns.

You can download the trade report from here

ORB Performance: https://goo.gl/HhrK77

Please note that all orb parameters are fixed.

Places both buy and sell orders for 10 stocks

Order type MIS (Not CO/BO)

Market order

Entry time 9:30 AM

Risk type R2

Stop loss is default, which is 15 mins orb high or low

No targets, No TSL.

All position will exited at 3.10 pm or when stop loss hits.

Other FAQs:

Am Interested to try it out. What should I do?

You can get free trial. It works only with Aliceblue account that has been opened through SquareOff partner link. https://app.aliceblueonline.com/OpenAccount.aspx?C=TM979&C=TM979 You cannot use your existing account, if you do not have one, open AliceBlue account using mentioned above link and email us to support@squareoff.in to get access.

Can I monitor the trades real time?

Yes, you can login to Aliceblue account and check the trades on real time.

Do I need to click any button during the market hours?

No manual intervention required. You just need to login once every day and update your capital, that’s all. Bot will automatically place all trades.

Will auto Squareoff all my positions?

Yes

What is the subscription fee for the bot?

Its Rs.15,000 + gst per year. https://imojo.in/fullyautomatedorb

Can I trade my own strategy?

No, its ORB BOT. Doesn’t support any customized strategy.

Does it work on Zerodha or Upstox?

No, the fully automated orb platform works with Aliceblue only.

Does I need to keep the laptop/mobile web page open and running after logging in the morning?

No,not required. Once you login to the platform and update your capital, its done. System records it. You don’t need to maintain any server or download any software, or keep laptop open.



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