so @siva
then I will be at Zerodha’s mercy…
see I have nothing to do with ArthaChitra, been a trader in forex market for more than 10 yrs my experience says that a trading platform plays a very important role in traders success.
in forex market, if I want to test a strategy I can just pay a few $$"s to a coder and get it coded in mt4/mt5 / nt8 and do the backtesting. this reduces your learning curve by years. but with Indian brokers platform performing a backtest is one big TASK.
anyways I just shared about this platform because I thought this can help.
Agree, but want to develop everything inhouse considering the complexities involved in using third party product, slowly but surely will add everything on kite in coming days.
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@siva
please develop something like ArthaChitra where a trader can
1} open multiple charts { with resize option }
2} can trade from chart flawlessly
3} can have multiple snap quotes windows { dom}
4} can make his own scanner
4} can code his indicator or strategy { or buy from someone}
6} can backtest a strategy easily.
just to bring trade from a chart on trading view I think it took you guys almost a year.
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lol you are just wasting your time
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even site is not secured no https connection
When ? At the advent of Satyug ?[quote=“siva, post:14, topic:69743, full:true”]
We have seen the platform. Anyhow kite will have smoother version of trade from chart, more custom indicators, margins on order windows etc soon. We see no reason to add another platform and if any want that to be only inhouse.
[/quote]
Exactly. 
All this can be done in amibroker. Its the only high performance trading software that i know of in the market that is affordable and you have authorized NSE data providers.
Yeah I think in the days of HFT - using technical strategy of 1970s might not be relevant …
Amibroker cost around 25000/- and i don’t think you can directly connect to a broker and trade via Amibroker.
25K is a one time cost for a tool that you will be using as a professional. i.e you will be making money using this tool. So any professional trader will spend on a tool that will make him money.
I don’t know about you, but every professional trader out there has a PAID charting software.
As for connecting to the broker, you can connect to Zerodha using kite REST API from amibroker AFL. you can send orders from Amibrokers AFL.
Upstox api
i use motive wave ULTIMATE so i know to make money we need to invest in it, but i think in india more than 90% of trades are under capitalized so they need some good platfrom support from broker for them to test their startegy.
thier is huge retail investment in forex market becasue this OTC brokers provide mt4/mt5 as their trading platform on which you trade easily and most important you can code your startegy at very cheap rate.
Why are you worried about the 90% retail traders?.
do you have any data to support that 90% retail traders in india under capitalized and even if they are under capitalized, how does that affect you in any way as a trader?.
Do u have any idea how much effort it takes to build all the features you are asking for? Do you really think its possible to provide all these features for free to indian retail traders?
Just as an exercise , just send out a RFQ to any software company that can do all the features you ask for and tell me how much it costs?
Zerodha can’t spend that kind of money and resources to build that.
These forex OTC brokers are nothing but bucket shops. They are unregulated. You are actually trading against the broker here. He is on the other side. Sure a very small percentage may win but a very very large percent will lose with a casino bucket shops as history is evident.
MT/MT5 was never designed for exchange markets , that’s why you don’t see it adopted by many regulated brokers world wide. Although some brokers are now providing MT5 are a platform but again these are provided by OTC forex brokers and not regulated brokers.
why should i not be worried about others?
no, I don’t have data to support to that but ya everyone knows generally trades are undercapitalized, it doesn’t affect me at all
are you a zerodha agent or employe? how do you know they don’t intend or have the fund for such investment?
if you are a good trader then it doesn’t matter who is on the opp side of your trade, because there will be someone for sure on the opposite side of your trade, and in every market, there are only a few winners
I dint said zerodha should provide mt4/mt5 I just said there is huge retail participation because there are easy to use and easy to get strategy coded.
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Ok then, why don’t you build a charting platform with all the feature and provide it for free of all cost and not only that, please support the charting app. This will be very generous of you and many indian under capitalized traders will thank you for it.
And yet you make bold claims without any facts.
I m neither. They don’t intend to do it because if they did they would have a platform already after nearly 10 years being in the industry. Since they don’t , i would assume they have no interest in doing so in the future.
yes, but there is a huge difference between regulated and unregulated brokers . Don’t you agree? Seeing how bad regulated brokers can be , can you imagine unregulated brokers with no oversight in indian markets?
On one hand you say you care about traders and yet you are OK with them trading with unregulated brokers. I m not attacking you , just pointing out the inconsistency in your logic.
because I am not a broker name “zerodha”,
you are getting so defensive and taking their side like I asked some this personally from your bank account… this all sounds funny to me.just chill dude.
I dint make any bold claim, are you ““high”” on zerodha
so you agree they don’t have a good platform, and what’s your problem if someone on forum request for a good platform from zerodha, why you reply from their side I don’t understand…
dude, you are serious ““high”” on zerodha, I never said anyone should trade with an unregulated broker.
get out of fix mindset dude…
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Hahahah, i don’t understand why you think i m working for Zerodha.
if you had seen my other posts, you would know i m a critic.
Please go through your previous posts. There are so many inconsistencies in your logic.
please tell some 3rd person to read your post and then you will come to know why you sound like zerodha agent or employee…
see I have no personal benefits with this topic at all but I just wanted to bring one good platform to other traders