Quantiply.tech

⚠️❗ ALL USERS ❗⚠️

Markets will be open today, 1st February, Saturday as it is the Budget announcement. Quantiply will be operational and will run like any normal trading. All STBT/BTST trades taken yesterday will exit today only. Please make changes N days setting change to your Positional algos to account for the additional trading day in case it is required.

⚡ NEW FEATURE ⚡

COMBINED PREMIUM ENTRIES

This functionality allows you to enter positions when the combined premium (ie. the sum of the premium prices) of two symbols/legs is higher than or lower than or in-between a specified level or range.

Use Case:
STRADDLE / STRANGLE CHART based Combined Premium Entries and Re-Entries

Example:
Say the current price of an ATM Call (22850 CE) is 336.35 and ATM Put (22850 PE) is 71.30, the sum of the two premiums is 407.65. Say you give an entry condition to enter trades when the Combined Premium or the sum of two premiums is higher than 420 or lower than 400. In this case if the sum of the premiums of the Call and Put goes above 420, then the algo will immediately enter your trades, or if the sum of the premiums of the Call and Put goes below 400, then the algo will immediately enter your trades.

There are 4 different types of Combined Premium entry conditions or settings that can be configured:
1. Lower than
2. Higher than
3. Higher than or Lower than
4. Between range

Steps to configure and run the ‘Combined Premium’ functionality:
1. Configure 2 legs in the legs section of the algo. Example: Configure ATM CE and ATM PE
2. Select ‘Combined Premium’ from under the ‘Premium Matching’ options.
3. Scroll up and mark the 2 legs that need to be matched. (Read here on how to mark 2 legs: https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#II._How_to_enable_the_Premium_Match)
4. Select one of the 4 types of Combined Premium settings and configure the values.
5. Enable the strategy and run

Make the most of the ‘Combined Premium’ functionality by clubbing it with MTM Stoploss or MTM Target re-entries.
If you configure MTM Re-entry for MTM SL or MTM Target hit, then the Premium Matching condition will be checked again before the Re-Entry can be done. So, only if the Premium Matching condition matches will the re-entry be done.

Additional setting:
Condition Matching Frequency setting:
1. LTP (Continuous Monitoring)
2. Candle Close (Check once at the end of the minute)
(https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#IV._Additional_setting%3A_%22Condition_0)

Please go through the detailed documentation on this functionality and how to use it, here: https://quantiply.tech/documentation/features-trade-logic/premium-matching-functionality/#5._Combined_Premium%3A

👉 New Advanced Setting 👈

"ENTRY RESTRICTION FOR NEXT DAY"

This setting is only applicable if your strategy is based on a Stockmock backtested Positional and contains Wait & Trade and/or Range Breakout.

This setting allows you to decide whether you want the initial entries of Wait & Trade (W&T) or Range Breakout (ORB) trades to happen next day or not, incase of Positional strategies. In case of Stockmock backtested strategies, if the initial entry hasn't happened on the strategy Start Date, then those entries will not happen on the next day or the following days.

Please read the detailed documentation to understand this setting and it's use: https://quantiply.tech/documentation/advanced-settings/entry-restriction-for-next-day/

New Functionality



SPECIFIC STRIKE Selection

Now you can configure the exact strike that you want to take an entry in.

Steps to configure specific strikes:

Step 1: From the entry type drop down box select the option "Specific Strike" for a particular leg.

Step 2: Once Specific Strike option is selected, you will see a text box next to the entry type box, in the text box type in the exact strike level that you want to enter. You only need to type in the strike level which will be in numeric values only.

For example: You want to enter NIFTY 23500 CE, you will enter only 23500 in the text box, as seen in the above screenshot.

Documentation: https://quantiply.tech/documentation/features-trade-logic/entry-logic-specifc-strike/

📣 BROKER LAUNCH 📣

Quantiply now supports broker AliceBlue

Setup documentation: https://quantiply.tech/documentation/broker-setup/alice-blue/

⚡ ANNOUNCEMENT ⚡

SENSEX LOT SIZE CHANGE & EXPIRY DAY CHANGE

1. Those trading WEEKLY contracts in SENSEX can make changes to their quantities as lot size or weekly contracts expiring next week will have new lot size 20. On the algo dashboard the quantity for Weekly contract selection will change from 10 to 20 directly only on Monday morning at 8:30 AM, but you can go ahead and make changes to your quantity settings as per lot size 20, beforehand. Note: Monthly contracts of Sensex expiring on 28th Jan will still have lot size 10 only.

2. In the upcoming week, Sensex Weekly Contracts expiring on the 10th of Jan, Friday will now expire on the 7th of Jan, Tuesday, and going forward all Weekly & Monthly contracts of Sensex will expire on Tuesdays.

⚡ ANNOUNCEMENT ⚡

1.UPDATE:
Re-entry max count Type setting under Advanced Setting has been updated. The ‘Common’ setting will now function just like the ‘Individual’ setting. So whether you select ‘Common’ or ‘Individual’, it will function like ‘Individual’ only. This update in inline with Stockmock, as Stockmock now allows individual re-entry count setting for Target based re-entries and Stoploss based re-entries. This setting maybe completely removed sometime in January 2025.

2. NEW FUNCTIONALITY:
MTM SETTINGS INCREASE/DECREASE functionality:
With the upcoming lot size changes in NIFTY and SENSEX, you may need to increase or decrease your MTM Stoploss, MTM Target, Trailing Stoploss and Lock & Trail values that are specified in AMOUNT.

The following MTM increase/decrease functionality allows you to select multiple algos at the same time and increase or decrease the MTM exit settings specified in AMOUNT by multiplying or dividing it by a factor chosen by you as specified based on the lot size changes.

This functionality is only being provided so that you don’t have to individual change MTM exit settings individually for each algo.

Please go through the documentation on how to use it, it’s limitations and it’s use case, before you use this functionality: https://quantiply.tech/documentation/other-features/mtm-setting-increase-decrease/

⚡ UPDATES ⚡

Here's 4 new updates:

1. Futures as underlying for Strike Selection:
You can now use Futures as underlying to determine the strike selection for your trades.

2. Synthentic Futures as underlying for Strike Selection:
You can now use Synthetic Futures as underlying to determine the strike selection for your trades. Read more about this functionality along with an example and it’s use case here:
https://quantiply.tech/documentation/other-features/underlyings-for-strike-selection/#3._Synthetic_Futures%3A

3. Next Monthly Contracts:
You can now trade in Next Monthly contracts of Indexes where Weekly contracts are unavailable. Next Monthly contracts are now tradable in Banknifty, Finnifty, Midcpnifty & Bankex.

4. New Strike Selection Method: Percentage of Underlying:
The percentage value of the current spot price is calculated and strikes with premium closest to the calculated percentage value are selected.
Read more about this functionality along with an example here:
https://quantiply.tech/documentation/features-trade-logic/entry-logic-percentage-of-underlying/

⚡ Update ⚡

RE-ENTRY / RE-COST / RE-EXECUTE Update:

A separate RE-ENTRY setting has been added in addition to the RE-COST and RE-EXECUTE settings.

Now, simply select the exact setting based on your Stockmock backtest without having to configure any additional setting like 'Re-Entry Method'.

The older 'Re-Entry Method' is now termed 'Re-Execute Method' as this setting is only applicable for Re-Execute type of re-entry and not applicable for Re-Cost and Re-Execute.

Go through the Documentation to understand the main differences between Re-Entry & Re-Cost:
https://quantiply.tech/documentation/features-trade-logic/re-entry/#II._Understanding_the_3_types_of_re

Please make the appropriate changes to your algos on Quantiply based on the settings in your Stockmock backtest.

⚡ Update ⚡

Here's 2 new updates:

1. Bulk Edit:
The bulk editing functionality allows you to add or modify settings to multiple selected legs at the same time making it easy to manage settings of multiple legs.
Video: https://youtu.be/6E5NrlQXYNM

2. Advance placement of Journey Entry orders:
You can now place Journey entry orders in advance by selecting the Advance setting under the "Journey Order Placement:" setting. Advance placement of Journey orders will work only with the LTP Journey method and not the Candle Close method.

⚠️❗ ALL USERS ❗⚠️

Please note 20th of November 2024 is a trading holiday on account of Assembly Elections in Maharashtra.

For Positional algos with N days setting for End date, please make changes to your end day setting appropriately.

For example:
For Nifty contract expiring on the 21st Nov 2024 Current setting of 2 days before expiry will trigger exit on Monday 18th Nov and not on Tuesday 19th Nov. So you can reduce the count from 2 days before expiry to 1 day before expiry if you want the positions to exit on Tuesday.
Similarly, if you have set the End date to 1 day before expiry, the exit will be triggered on Tuesday 19th Nov.

No changes required for the contracts expiring in the upcoming current week for FINNIFTY, MIDCPNIFTY and BANKEX.

But you can make appropriate changes ie. reduce a day count in the end day setting IF APPLICABLE as per your strategy logic to strategies where Next Weekly/Monthly are selected. And easy way to check is to check the expiry date for each contract and count the expiry day as the 0th day and back calculate when your exit will be triggered and then make changes to the end date setting if you want to.

⚡New feature ⚡

JOURNEY

The Journey feature allows you to define new entry and exit rules to the legs that are configured to enter or re-enter after the main leg/previous leg has exited, allowing you to create a separate 'journey' for each entry.

Documentation: https://quantiply.tech/documentation/features-trade-logic/journey/

🪔 Diwali celebrations continue.. 🪔

LAUNCHING A NEW SUBSCRIPTION PLAN

👉 VALUE PLAN 👈

Save Rs. 500 on SEMI PRO and PRO plans.
Now you can trade 2 strategies per day, only for Rs. 500/month. Additional strategies only at Rs. 250 per algo per month.

You can switch from the SEMI PRO / PRO plans to the VALUE plan from the Subscriptions page

NOTE: If you switch to the VALUE plan, make sure the number of algos in the current plan and the number of algos in the VALUE plan are the same. If the plan switch to VALUE plan has lower number of algos, then the change will take effect only before 9 AM or after 3:30 PM.

🪔 Happy Diwali to our entire Quantiply family 🪔

In the spirit of Diwali, we extend our sincerest appreciation for your continued love and support.

As a token of our love and gratitude, a 25% Off Discount coupon has been added to the 'Confirm Subscription' page. This coupon will be valid till 30th November 2024.

To apply this discount coupon on your current active subscription, go to the subscriptions page and switch to a lower or higher plan and select the coupon HAPPYDIWALI2024 on the 'confirm subscription' page.

⚡ Update ⚡

MONTHLY CONTRACTS

Now available for Nifty, Banknifty, Finnifty, Midcpnifty, Sensex & Bankex.

With reference to the new RE COST type Re-entry setting on Stockmock announced here: Stockmock Twitter Post, to replicate this type of Stockmock setting on QUANTIPLY choose the following setting under Advanced Settings:
Re-entry method: LTP

📣 Broker update 📣

Combine FASTER execution, with ZERO charges on Quantiply subscription fees.

Upstox’s new HFT based upgrades are LIVE on Quantiply. Experience faster execution with significantly improved latency of upto ~40% for order placement, order cancellation and order modification.

More info:
UNLIMITED + FREE Subscription plan for UPSTOX Users

⚡New feature ⚡

NEXT WEEK WEEKLY CONTRACTS

Now available for Nifty, Banknifty, Finnifty, Midcpnifty, Sensex & Bankex.

Monthly contracts will be available in the coming week.

📣 BROKER LAUNCH 📣

1. SHAREKHAN

2. MASTERTRUST

3. JAINAM (RETAIL SYMPHONY XTS)

⚠️❗ ALL USERS ❗⚠️

Lot size for NIFTY contracts is changing from 50 to 25 tomorrow, 26th April 2024, onwards.

One of the following 2 changes have to be made to the algo settings for all your NIFTY based strategies:

Option 1: If you are using the Multiplier feature:
Please change your strategy MTM Target & Stoploss, Lock & Trail profit settings, if given in ‘Total Amount’ type by reducing it to half the current value. Once that change is made, you can increase the Multiplier by 2x to increase the quantity.

Option 2: If you are not using the Multiplier feature:
In this case you only have to double the quantity (no. of lots) in the algo settings.

📣 NEW FEATURE 📣

BSE BANKEX now available on Quantiply

Check order type compatibility and configure your algos accordingly

Documentation: https://quantiply.tech/documentation/important-topics/bse-sensex-and-nse-midcpnifty/

⚠️❗ ALL USERS ❗⚠️

SPECIAL TRADING SESSION:

1st trading session has ended.

Pending SL orders and pending entry orders would be cancelled after the first trading session. Once the orders are cancelled, you will see an error message on the algo page under the leg. Error message example: [STOPLOSS ORDER] Pending order was cancelled by the exchange at the end of the trading session.

At 11:30 AM when the 2nd trading session resumes, you can select the leg with the error, and use the retry functionality to place the SL order or entry limit orders again. The algo will not automatically place the order at 11:30 AM, you have to use the retry individual leg functionality to place the pending limit/SL limit orders again.

Retry functionality: https://quantiply.tech/documentation/other-features/retry-button-for-individual-orders/

For queries message us @quantiplysupport

⚠️❗️ALL USERS❗️⚠️

In continuation to the previous announcement for tomorrow's trading session, Saturday 2nd March 2024,

for users running STBT/BTST algos, if you don’t want to exit tomorrow, you can click on the MODIFY SETTINGS button and change the Duration setting from STBT/BTST to (N) Days before expiry and give the appropriate ‘End Day’ setting as per days to expiry. For example, if you’re running STBT/BTST in MIDCPNIFTY and you don’t want to exit tomorrow, and want to exit on Monday directly, then you can change the duration setting to (N) Days before expiry and give End day 0 days before expiry.

If you continue to run your algo with duration setting: STBT/BTST, then the algo will exit tomorrow and also get terminated by the end of the day tomorrow. (Note: it will exit only if the end time configured is within the trading session timings as mentioned in the previous announcement). Secondly, if you don't broker login tomorrow morning, the algo will not run but it will still get terminated at the end of the day, tomorrow.

⚠️❗️ALL USERS❗️⚠️

Tomorrow, Saturday, 2nd March 2024, NSE & BSE are conducting 2 special trading sessions, so markets will be open during the following timings:

Trading Session 1 (for F&O): 9:15 AM to 10 AM

Trading Session 2 (for F&O): 11:30 AM to 12:30 PM

During these 2 sessions Quantiply will work as usual.
Today late evening, a SATURDAY tab will show on your Quantiply dashboards. As soon as it is made visible, we will be making an announcement. You may create new algos for tomorrow or duplicate algos from other days to the Saturday tab if you choose to trade tomorrow. For positional algos, they will show in their respective day tabs as usual.


VERY IMPORTANT POINTS:

1. Set START TIME & END TIME correctly for Positional & Intraday algos:
Quantiply’s system will consider it as a normal trading day that starts from 9:15 AM to 3:30 PM. So if you are trading Intraday or Positional strategies, make sure your start time and end time are set correctly and/or modified to a time that is within the above mentioned Trading session timings. If you keep the end time anytime in between the 2 sessions or after the sessions, your positions will not get executed, and the system will throw an error.

2. NSE & BSE both are conducting the special session at the same time.

3. Positional Trades:
a) BTST/STBT trades:
All BTST/STBT trades taken today, will get squared off tomorrow. Set/Modify the end time correctly within the trading session timings as mentioned above, for proper entries & exits.

b) N DAYS TO EXPIRY positional trades:
For N days to expiry in Positional Trades, trades will run normally as usual. No need to change any settings.

4. Intraday Trades:
Intraday trades will work normally. Make sure to set the start time and end time correctly within the trading session timings as mentioned above.

5. Enable Telegram Notifications:
All other important announcements related to Tomorrow’s trading sessions will be notified to the users via Telegram notifications only. So if you have not enabled Telegram Notifications, then please do so immediately. Contact our Customer Support for any guidance or issues in enabling Telegram notifications.
Telegram notifications setup guide: https://quantiply.tech/documentation/other-features/telegram-notifications/

6. New Positional trades & Saturday day tab:
The Saturday, day tab will be visible till end of day Thursday next week (ie. 25th Jan, 2024). It is advisable to NOT take any positional trades tomorrow as a precaution to avoid any unplanned, untested scenarios playing out.

7. Monitor your trades:
As tomorrow is not a ‘business as usual’ trading session, it is advised that you exercise caution and monitor your trades if you choose to trade.

4 new optional data columns added to the algo table on the home page:
1. Start time: This will show the start time of the individual algo.
2. Trade type (Intraday/Positional): This will show whether the algo is an Intraday type or Positional type.
3. Underlying: This column shows all the underlyings that are configured in the individual algo.
4. Buy/Sell: This shows whether the algo has Buy legs or Sell legs or both Buy/Sell.

Note:
1. There is a settings icon next to the Search bar on the top of the algo table, which will allow you to hide or show these additional columns.
2. You can use the 'Sorting' option on the column names of each of these new columns to sort algos in an ascending or descending order based on the column data.
3. You can drag and drop the columns by clicking and dragging the title of the column to rearrange the column ordering.

New feature: MULTIPLIER

This functionality allows for certain settings parameters of each algo to get easily multiplied by a factor. In other words, the applicable base settings of any algo can be multiplied by a factor easily instead of having to change individual settings manually.

The settings that get multiplied with a change of a single factor ie. the multiplier, are:
1. Quantity
2. MTM SL setting in amount
3. MTM trailing stoploss setting in amount
4. MTM Target setting in amount
5. Lock Profit, Trail Profit, Lock & Trail profit settings in amount.

The default multiplier for each algo is ‘1’. If you set the multiplier setting for a particular algo to ‘2’, the above mentioned settings will get multiplied by a factor of 2.

Documentation: https://quantiply.tech/documentation/other-features/multiplier/

⚠️❗ ALL USERS ❗⚠️

2 new updates:
1. Multiplier feature
2. Additional data columns

📣 NEW FEATURE 📣

ADVANCE PLACEMENT OF RE-ENTRY ORDERS

Orders can be placed in advance for the following re-entry/re-execute configured settings:
◦ Re-Cost.
◦ Wait & trade Re-Cost.
◦ Wait & trade Re-Execute.
◦ Re-Cost Reverse.
◦ Wait & trade Re-Cost Reverse.
◦ Wait & trade Re-Execute Reverse.

Important points:
◦ The default setting under the Re-entry/Re-execute Entry Order Placement is Later, which means the orders will be placed only when the re-entry/re-execute condition is met.
◦ The Re-entry/Re-execute Entry Order Placement setting is not configurable when Entry Order Type setting is set to Market orders or when re-entry / re-execute method is set to Candle Close.
◦ Manual Retry Individual legs functionality for re-placement of orders in case of errors, has not been tested for placement of re-entry/re-execute orders in advance due to non occurrence of real errors in the testing environment.
◦ Edge cases that may not have occurred or observed while testing, if any, will be addressed immediately if and when observed or raised by users.

Documentation: https://quantiply.tech/documentation/other-features/advance-placement-of-re-entry-orders/

⚠️❗️ALL USERS❗️⚠️

Please note that this week the Banknifty monthly contracts will expire on Thursday, 25th January 2024. ie. the expiry for Banknifty contracts will be on Thursday, and not on Wednesday. The last contracts of the month, ie. in the the next week, the weekly contracts of Banknifty will expire on Wednesday the 31st of January 2024.

⚠️❗️ALL USERS❗️⚠️

Tomorrow, Saturday 20th January 2024, According to latest NSE circular markets will be open for the whole day from 9:15am to 3:30 pm.

Markets will remain close on Monday as it has been declared a holiday.

MIDCPNIFTY contracts will expire tomorrow Saturday 20th Jan 2024 instead of Monday 22nd Jan 2024.

⚠️❗️ALL USERS❗️⚠️

Tomorrow, Saturday 20th January 2024, NSE is conducting 2 special trading sessions, so markets will be open.

Trading Session 1 (for F&O): 9:15 AM to 10 AM

Trading Session 2 (for F&O): 11:30 AM to 12:30 PM

During these 2 sessions Quantiply will work as usual.
Today late evening, a SATURDAY tab will show on your Quantiply dashboards. As soon as it is made visible, we will be making an announcement. You may create new algos for tomorrow or duplicate algos from other days to the Saturday tab if you choose to trade tomorrow. For positional algos, they will show in their respective day tabs as usual.

NSE circular: https://nsearchives.nseindia.com/content/circulars/MSD59999.pdf

BSE_Circular:https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20231228-43

VERY IMPORTANT POINTS:

1. Set START TIME & END TIME correctly for Positional & Intraday algos:
Quantiply’s system will consider it as a normal trading day that starts from 9:15 AM to 3:30 PM. So if you are trading Intraday or Positional strategies, make sure your start time and end time are set correctly and/or modified to a time that is within the above mentioned Trading session timings. If you keep the end time anytime in between the 2 sessions or after the sessions, your positions will not get executed, and the system will throw an error.

2. NSE & BSE both are conducting the special session at the same time.

3. Positional Trades:
a) BTST/STBT trades:
All BTST/STBT trades taken today, will get squared off tomorrow. Set/Modify the end time correctly within the trading session timings as mentioned above, for proper entries & exits.

b) N DAYS TO EXPIRY positional trades:
For N days to expiry in Positional Trades, trades will run normally as usual. No need to change any settings.

4. Intraday Trades:
Intraday trades will work normally. Make sure to set the start time and end time correctly within the trading session timings as mentioned above.

5. Enable Telegram Notifications:
All other important announcements related to Tomorrow’s trading sessions will be notified to the users via Telegram notifications only. So if you have not enabled Telegram Notifications, then please do so immediately. Contact our Customer Support for any guidance or issues in enabling Telegram notifications.
Telegram notifications setup guide: https://quantiply.tech/documentation/other-features/telegram-notifications/

6. New Positional trades & Saturday day tab:
The Saturday, day tab will be visible till end of day Thursday next week (ie. 25th Jan, 2024). It is advisable to NOT take any positional trades tomorrow as a precaution to avoid any unplanned, untested scenarios playing out.

7. Monitor your trades:
As tomorrow is not a ‘business as usual’ trading session, it is advised that you exercise caution and monitor your trades if you choose to trade.

⚠️❗️ALL USERS❗️⚠️

We request all users who haven't yet enabled Telegram Notifications to do so immediately.

1. This feature instantly notifies you of individual errors coming from the broker for individual algos.

2. All general announcements and broker specific announcements are sent out on Telegram to all individual users who have enabled Notifications. It allows you to receive announcements for specific brokers that you have configured in your account.

If you have any difficulties in setting up Telegram Notifications you can get in touch with our Support team at @quantiplysupport for guidance.

To enable the Telegram Notifications go to the Notifications page on your Quantiply dashboard - https://app.quantiply.tech/notifications

Telegram Notifications Documentation: https://quantiply.tech/documentation/other-features/telegram-notifications/

⚠️❗️BIGUL USERS❗️⚠️

BSE SENSEX contracts added for Bigul

⚠️❗ IIFL USERS ❗⚠️

The error ORDER CANCELLED DUE TO VOLUNTARY CLOSE OUT has been observed for all IIFL users. Your pending SL orders would have been cancelled. Use the retry individual leg functionality to place the SL orders again. If you do not use the retry leg option, the algo will still monitor the OPEN positions continuously and exit when SL or Target or any other exit condition is met

To get notified of such errors when the error occurs, ENABLE TELEGRAM NOTIFICATIONS if you haven't done so already. Telegram Notifications Setup Guide: https://quantiply.tech/documentation/other-features/telegram-notifications