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 âŚ
Amibroker cost around 25000/- and i donât 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 donât 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 canât 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 , thatâs why you donât 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 donât have data to support to that but ya everyone knows generally trades are undercapitalized, it doesnât affect me at all
are you a zerodha agent or employe? how do you know they donât intend or have the fund for such investment?
if you are a good trader then it doesnât 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.
Ok then, why donât 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 donât intend to do it because if they did they would have a platform already after nearly 10 years being in the industry. Since they donât , 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 . Donât 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 âzerodhaâ,
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 ââhighââ on zerodha
so you agree they donât have a good platform, and whatâs your problem if someone on forum request for a good platform from zerodha, why you reply from their side I donât understandâŚ
dude, you are serious ââhighââ on zerodha, I never said anyone should trade with an unregulated broker.
get out of fix mindset dudeâŚ
Hahahah, i donât 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 employeeâŚ
see I have no personal benefits with this topic at all but I just wanted to bring one good platform to other traders
Why are you accusing me of something that i m not.
This is your last warning. Donât accuse people without proof.
Why donât you put money and bring the platform then?
All i m saying is no one will build all the features you are asking and provide it for free, least of all Zerodha.
Lol
I am posting hello, to see if it violates community standard
Lol, what is going on here. I am sure this is not automatic flagging
i am rude