One of the leading discount brokers in India, Zerodhastreak It is an algorithmic trading platform that helps traders in creating and backtesting their trading strategies.aWhat is streak in zerodha or algo trading in zerodha
With Zerodha Streak, traders can create their own trading strategies using simple English sentences and a drag-and-drop interface. They can backtest these strategies on historical data to evaluate their performance and optimize them for better results. Once a strategy is developed and tested, traders can automate the trading process and execute trades directly from the platform.
Zerodha Streak supports trading in various asset classes such as equities, futures and options, and currencies. The platform also provides real-time data and charts for analyzing the markets and making informed trading decisions.
Overall, Zerodha Streak is a useful tool for traders who want to develop, test, and automate their trading strategies without the need for extensive programming knowledge.
Easy-to-use Interface: Zerodha Streak has a user-friendly interface that allows traders to create and test trading strategies using simple English sentences and drag-and-drop tools.
Backtesting and Optimization: The platform allows traders to backtest their strategies on historical data to evaluate their performance and optimize them for better results.
Automated Trading: Once a trading strategy is developed and tested, traders can automate the trading process and execute trades directly from the platform.
Range of Features: Zerodha Streak offers a range of features such as strategy optimization, alert notifications, and live market scanning. These features help traders to stay informed and make informed trading decisions.
Multi-Asset Class Trading: The platform supports trading in equities, futures and options, and currencies. This enables traders to diversify their portfolio and trade across multiple asset classes.
Real-Time Data and Charts: Zerodha Streak provides real-time data and charts for analyzing the markets and making informed trading decisions. This enables traders to track market movements and take advantage of opportunities as they arise.
Cloud-Based Platform: Zerodha Streak is a cloud-based platform, which means traders can access it from anywhere with an internet connection. This makes it convenient for traders who want to trade on-the-go.
Free Trial: Zerodha Streak offers a free trial period for users to test the platform and its features before subscribing to a paid plan. This allows traders to get a feel for the platform and determine whether it is right for their trading needs.
Overall, Zerodha Streak is a powerful trading platform that offers a range of features and tools to help traders develop and automate their trading strategies. The platform is easy-to-use, supports multiple asset classes, and provides real-time data and charts for informed decision-making.
Zerodha Streak is a cloud-based platform offered by Zerodha, one of the leading discount brokers in India. It is an algorithmic trading platform that helps traders in creating and backtesting their trading strategies.
With Zerodha Streak, traders can create their own trading strategies using simple English sentences and a drag-and-drop interface. They can backtest these strategies on historical data to evaluate their performance and optimize them for better results. Once a strategy is developed and tested, traders can automate the trading process and execute trades directly from the platform.
Zerodha Streak supports trading in various asset classes such as equities, futures and options, and currencies. The platform also provides real-time data and charts for analyzing the markets and making informed trading decisions.
Overall, Zerodha Streak is a useful tool for traders who want to develop, test, and automate their trading strategies without the need for extensive programming knowledge.
Here are the different subscription plans available on Zerodha Streak:
With the Regular plan, you can deploy 30 strategies, run 300 backtests and 500 scans everyday.
You will be charged ₹690 + GST every month. You can use your broker account balance to pay for the monthly subscription. Note that Monthly plans are only available for Zerodha users.
With the Ultimate plan, you can deploy 100 strategies at a given point of time, run 1000 backtests and unlimited number of scans everyday.
You will be charged ₹1400 + GST every month. You can use your broker account balance to pay for the monthly subscription. Please note that Monthly plans are only available for Zerodha users.
Discount
You will get a 10% discount for a Quarterly plan. And, if you purchase a Biannual plan, you will get a 20% discount. For a annual plan, you will get a 30% discount.
GST is charged at 18% as per Government directive. Eg: Regular plan of ₹690 + GST means ₹690 x 18% = ₹124. Total deduction amounts to ₹814/month
Click here for zerodha streak plansZerodha Streak is a popular platform for traders who want to create and backtest trading strategies without the need for coding. It offers a user-friendly interface, pre-built strategies, and technical indicators that can be easily customized according to the trader’s requirements. Here are some of the pros and cons of Zerodha Streak:
Pros:
User-friendly interface: Zerodha Streak offers a simple and intuitive interface that makes it easy for traders to create and backtest trading strategies.
Customizable strategies: Zerodha Streak offers pre-built strategies and technical indicators that can be easily customized according to the trader’s requirements.
Backtesting: Zerodha Streak offers a powerful backtesting engine that allows traders to test their strategies on historical data.
Automation: Zerodha Streak offers automation features that allow traders to deploy their strategies on live markets.
Integration: Zerodha Streak can be integrated with Zerodha Kite, a trading platform, which makes it easy for traders to execute their trades.
Cons:
Limited data sources: Zerodha Streak offers limited data sources, which may not be suitable for some traders who require access to a wider range of market data.
Subscription-based: Zerodha Streak is a subscription-based platform, and traders need to pay a monthly fee to access its features.
Limited customization: While Zerodha Streak offers customizable strategies, it may not be suitable for traders who require advanced customization features.
Overall, Zerodha Streak is a great platform for traders who want to create and backtest trading strategies without the need for coding. However, it may not be suitable for all traders, and it’s important to consider the pros and cons before subscribing to the platform.
Limited data sources: Zerodha Streak offers limited data sources, which may not be suitable for some traders who require access to a wider range of market data.
Subscription-based: Zerodha Streak is a subscription-based platform, and traders need to pay a monthly fee to access its features. This can be a disadvantage for traders who are just starting out and have limited funds.
Limited customization: While Zerodha Streak offers customizable strategies, it may not be suitable for traders who require advanced customization features. This can limit the flexibility of the trading strategies that can be created.
No support for options trading: Zerodha Streak does not support options trading, which can be a disadvantage for traders who focus on options trading.
Limited customer support: Zerodha Streak offers limited customer support, which can be a disadvantage for traders who need help with their strategies or have technical issues.
No direct integration with other platforms: Zerodha Streak does not offer direct integration with other trading platforms, which can be a disadvantage for traders who use multiple platforms for their trading.
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