What is AutoTrader?

Introduction

To see an introduction video, please visit YouTube

This product is now only suited for NOW, NEST & ODIN platforms. Please use next generation AutoTrader Web.

Part-I

  • A software built primarily for retail traders & sub-brokers to automate their trading related tasks
    • Automated Trading via (AmiBroker, MetaTrader, Excel or Any Custom Trading Application)
    • Placing orders in bulk (single/multiple clients)
    • Retrieving live market data (price, volume, open interest etc.) & portfolio details like (orders, positions, margin etc.)

Part-II

  • A broker independent automated trading API, similar to the APIs provided by stock brokers
  • Makes your trading setup completely broker independent
  • You can switch to trading platform of different broker with a single setting change
  • No need to purchase APIs from brokers
  • Useful for users having programming knowledge
  • Can be used from AmiBroker, MetaTrader, Excel or any custom trading application
  • Many users find it more stable than Broker’s APIs

Part-III

  • Middleman between your analysis software & trading terminal
  • AutoTrader provides you live market data (price, volume, open interest) & live portfolio snapshot (orders, margin/funds, positions)
  • Analysis software can use these details & your trading logic (strategy) to come with various actions like (place/modify/cancel order, square-off position etc.)
  • Analysis software just need to send these actions to AutoTrader & it will execute them

Purpose

  • Many software firms take advantage of their technical skills to benefit from stock markets
  • We want to give retail traders an edge in Automated Trading
  • Build a automation software that is:
    • Independent of brokers
    • Easily connect to any analysis software
    • Robust & reliable
    • Affordable

Future

  • AutoTrader
    • Support for more Trading Platforms (Stock Brokers)
    • Support for multiple clients
  • Large scale automated trading systems for Portfolio Manager, HNIs & Retail clients
  • Cloud based automated trading solutions

References

Developer (About Me)

  • AutoTrader has been built by Pritesh Mhatre
  • 10+ years of experience in developing financial software
  • 3+ years in Morgan Stanley Portfolio Risk Management systems
  • 4+ years building large scale algorithmic trading systems
  • Started stocksdeveloper.in in 2017 to help retail clients enter into algorithmic trading

After spending more than 12 years developing Financial Software, I took a break from my career to start my own algorithmic trading setup. This new journey started well and along with my own proprietary trading systems, I also started building automation systems for retail traders, fund managers and HNIs. I was employed with firms like Morgan Stanley, HSBC & SunGard. I work on various technologies, but my strengths are building server side cloud based algorithmic trading systems built primarily using Java programming language. Apart from all of this, I am a big fan of Formula 1 racing :-)

8 thoughts on “What is AutoTrader?”
  • Nitesh Parikh says:

    Hello sir. I am Nitesh Parikh from Pune. I want to understand Algo trading & I also want to use the auto-trader. Please guide me for algo-trading. Me & my friend both are currently using NEST for trading. We both want to be algo trader.

    February 18, 2019 at 5:55 am
    • Admin says:

      Please go through the Help option in AutoTrader menu; you will find many useful links.

      February 18, 2019 at 2:00 pm
  • Sunita says:

    How can you shift Auto Trader license from one system to another?

    September 4, 2019 at 9:46 am
    • Admin says:

      Send an email to support.

      September 29, 2019 at 6:56 am
  • shashank says:

    Do i need to purchase api from the broker?

    November 8, 2019 at 1:09 pm
    • Admin says:

      There is no need to purchase any separate API subscription from stock broker.

      November 8, 2019 at 1:11 pm
  • palpandi m says:

    Hi, sir i was tested by Excel sheet its not working.. can you help me?

    December 21, 2019 at 3:51 am
    • Admin says:

      Send error details to support

      December 25, 2019 at 11:32 am
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