Ack … I will look into it … Thanks … Any particular trading style you wish to customise with?
You may also want to think on Portfolio Optimization 
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Brilliant … Really appreciate the heads up …
It is automatically on top of my priority list now … 
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This app looks interesting, i would like to use it. is it from Zerodha?
Risk connects to Kite - Zerodha’s trading platform. And sure … be our guest … but do note that there are no guest logins. You will require Kite Login/Password …
Giving a big boost to the Risk cause - “Enabling retail investors with institutional risk management tools.” Releasing the complete Technical Analysis kit under -
Risk Dashboard > Strategize > AutoRisk-TA Order
You now have almost all the technical analysis studies, indicators and as a bonus - candlestick pattern recognition as well.
WORKFLOW =>
OVERLAP STUDIES (17) =>
BBANDS (Bollinger Bands), DEMA (Double Exponential Moving Average), EMA (Exponential Moving Average), HT_TRENDLINE (Hilbert Transform - Instantaneous Trendline), KAMA (Kaufman Adaptive Moving Average), MA (Moving average), MAMA (MESA Adaptive Moving Average), MAVP (Moving average with variable period), MIDPOINT (MidPoint over period), MIDPRICE (Midpoint Price over period), SAR (Parabolic SAR), SAREXT (Parabolic SAR - Extended), SMA (Simple Moving Average), T3 (Triple Exponential Moving Average (T3), ), TEMA (Triple Exponential Moving Average), TRIMA (Triangular Moving Average), WMA (Weighted Moving Average),
VOLATILITY INDICATORS (3) =>
ATR (Average True Range), NATR (Normalized Average True Range), TRANGE (True Range),
MOMENTUM INDICATORS (30) =>
ADX (Average Directional Movement Index), ADXR (Average Directional Movement Index Rating), APO (Absolute Price Oscillator), AROON (Aroon), AROONOSC (Aroon Oscillator), BOP (Balance Of Power), CCI (Commodity Channel Index), CMO (Chande Momentum Oscillator), DX (Directional Movement Index), MACD (Moving Average Convergence/Divergence), MACDEXT (MACD with controllable MA type), MACDFIX (Moving Average Convergence/Divergence Fix 12/26), MFI (Money Flow Index), MINUS_DI (Minus Directional Indicator), MINUS_DM (Minus Directional Movement), MOM (Momentum), PLUS_DI (Plus Directional Indicator), PLUS_DM (Plus Directional Movement), PPO (Percentage Price Oscillator), ROC (Rate of change : ((price/prevPrice), -1), *100), ROCP (Rate of change Percentage: (price-prevPrice), /prevPrice), ROCR (Rate of change ratio: (price/prevPrice), ), ROCR100 (Rate of change ratio 100 scale: (price/prevPrice), *100), RSI (Relative Strength Index), STOCH (Stochastic), STOCHF (Stochastic Fast), STOCHRSI (Stochastic Relative Strength Index), TRIX (1-day Rate-Of-Change (ROC), of a Triple Smooth EMA), ULTOSC (Ultimate Oscillator),
CYCLE INDICATORS (5) =>
HT_DCPERIOD (Hilbert Transform - Dominant Cycle Period), HT_DCPHASE (Hilbert Transform - Dominant Cycle Phase), HT_PHASOR (Hilbert Transform - Phasor Components), HT_SINE (Hilbert Transform - SineWave), HT_TRENDMODE (Hilbert Transform - Trend vs Cycle Mode),
VOLUME INDICATORS (3) =>
AD (Chaikin A/D Line), ADOSC (Chaikin A/D Oscillator), OBV (On Balance Volume),
PATTERN RECOGNITION (61) =>
CDL2CROWS (Two Crows), CDL3BLACKCROWS (Three Black Crows), CDL3INSIDE (Three Inside Up/Down), CDL3LINESTRIKE (Three-Line Strike ), CDL3OUTSIDE (Three Outside Up/Down), CDL3STARSINSOUTH (Three Stars In The South), CDL3WHITESOLDIERS (Three Advancing White Soldiers), CDLABANDONEDBABY (Abandoned Baby), CDLADVANCEBLOCK (Advance Block), CDLBELTHOLD (Belt-hold), CDLBREAKAWAY (Breakaway), CDLCLOSINGMARUBOZU (Closing Marubozu), CDLCONCEALBABYSWALL (Concealing Baby Swallow), CDLCOUNTERATTACK (Counterattack), CDLDARKCLOUDCOVER (Dark Cloud Cover), CDLDOJI (Doji), CDLDOJISTAR (Doji Star), CDLDRAGONFLYDOJI (Dragonfly Doji), CDLENGULFING (Engulfing Pattern), CDLEVENINGDOJISTAR (Evening Doji Star), CDLEVENINGSTAR (Evening Star), CDLGAPSIDESIDEWHITE (Up/Down-gap side-by-side white lines), CDLGRAVESTONEDOJI (Gravestone Doji), CDLHAMMER (Hammer), CDLHANGINGMAN (Hanging Man), CDLHARAMI (Harami Pattern), CDLHARAMICROSS (Harami Cross Pattern), CDLHIGHWAVE (High-Wave Candle), CDLHIKKAKE (Hikkake Pattern), CDLHIKKAKEMOD (Modified Hikkake Pattern), CDLHOMINGPIGEON (Homing Pigeon), CDLIDENTICAL3CROWS (Identical Three Crows), CDLINNECK (In-Neck Pattern), CDLINVERTEDHAMMER (Inverted Hammer), CDLKICKING (Kicking), CDLKICKINGBYLENGTH (Kicking - bull/bear determined by the longer marubozu), CDLLADDERBOTTOM (Ladder Bottom), CDLLONGLEGGEDDOJI (Long Legged Doji), CDLLONGLINE (Long Line Candle), CDLMARUBOZU (Marubozu), CDLMATCHINGLOW (Matching Low), CDLMATHOLD (Mat Hold), CDLMORNINGDOJISTAR (Morning Doji Star), CDLMORNINGSTAR (Morning Star), CDLONNECK (On-Neck Pattern), CDLPIERCING (Piercing Pattern), CDLRICKSHAWMAN (Rickshaw Man), CDLRISEFALL3METHODS (Rising/Falling Three Methods), CDLSEPARATINGLINES (Separating Lines), CDLSHOOTINGSTAR (Shooting Star), CDLSHORTLINE (Short Line Candle), CDLSPINNINGTOP (Spinning Top), CDLSTALLEDPATTERN (Stalled Pattern), CDLSTICKSANDWICH (Stick Sandwich), CDLTAKURI (Takuri (Dragonfly Doji with very long lower shadow)), CDLTASUKIGAP (Tasuki Gap), CDLTHRUSTING (Thrusting Pattern), CDLTRISTAR (Tristar Pattern), CDLUNIQUE3RIVER (Unique 3 River), CDLUPSIDEGAP2CROWS (Upside Gap Two Crows), CDLXSIDEGAP3METHODS (Upside/Downside Gap Three Methods),
Hope you make the most of it.
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@Karthik - Thanks for the direction and clearing the doubts all along.
All,
Have just released the module - “Portfolio Optimization - MinVar” for automatically optimizing your portfolio with minimum variance. You will find the same under -
Risk Dashboard > Strategize > Portfolio Optimization - Min Var
You can check the following varsity module to understand the concept better - Portfolio Optimization (Part 1) – Varsity by Zerodha . It is quite calculation intensive and Risk automates the complete process for portfolio optimization with minimum variance.
- Risk will show your holdings and analyze the portfolio.
- Portfolio optimization only works for stocks with positive expected returns.
- So remove the stocks with negative returns.
- Check your overall portfolio returns and portfolio variance.
- Click on Optimize to find new weights and new portfolio returns and variance.
Workflow for reference -
Final Output -
This is so calculation intensive that it may take 30-35 seconds if you have a portfolio size of more than 50 stocks. There are almost 4 chapters allocated to the same in varsity to get the basic parameters right before portfolio optimization can be initiated.
Basically, the module helps you optimize portfolio by minimising your portfolio variance and hence portfolio risk. The returns may be impacted but it is supposed to match your risk profile.
Really proud of this one and understanding it in and out was a journey in itself. Hope this helps you make more informed decisions.
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In Risk app itself, you can use Basket Order to make your custom strategy with multiple legs and it will give you payoff graphs. Also, you can pick multiple legs from your positions under Strategy Marker and it will show the payoffs graphs with realtime PnL. Apart from this you already have all the known strategies with necessary validations to make sure you are not making a mistake under Strategy Order.
Modules marked in Bold/Italics for your reference. But I do get your question and this is all android app. If for some specific reason, you prefer website over app, you can check -
- @Sensibull - It can recommend based on your views.
- Upstox Strategy Builder - https://upstox.com/tools-and-calculators/option-strategy-builder/
- OptionCreator - https://optioncreator.com/ - It has a feature to save strategy with URL.
Cheers!
From my past five years experience, I learnt one thing which is necessary for trading is a strong and viable strategy for trading based on the good money management plan. Momey management is something primary for the trading. Thank you for paying attention!
You are absolutely right bro. Just trying to spread the same message across … but it is a very difficult sell … 
That’s right! Whether lossing or gaining, proper money management will make win always.