Combination Algos

Stratzy Algos
1

Quick questions please.

  1. I read the following disclaimer in Stratzy IIFL platform - ‘Trades on the same instrument, across multiple algos from different providers or manual orders, may conflict and result in the closure of existing positions instead of new entries.’ This is so worrisome; how do we even use combination of different algos, if this is the case?

  2. When we see the combined parameters, lets say combined profit or drawdown - is it based on allotting 1 lot in each algo OR allotting same capital in each algo OR something else?

    Thanks in advance

2

For your first point

Don’t use multiple providers like let’s say for example stratzy+ algotest + other algo provider + manual , one account max one algo provider as each algo provider keep track of there own other algos to avoid postion conflict atleast stratzy do so , u can use multiple algos but keep same provider then no worries

  1. Combined algo performance is on max capital allocated to each algo u add in combination lot size can vary based on margin needed

Hope it helps let us know in case something is not clear team can help more

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3

@M_P_Patil Thank you so much for the reply. So I understand that combination of algos from the same provider (Stratzy) won’t cause any issues. However I read in another thread that second opposite order from different algo is canceled by Stratzy. Doesn’t that nullify the whole purpose of diversification?

Also still confused about my 2nd question. You said combined algo results are based on max capital allocated to each algo? So if one algo has max 3L and other algo has max 1L, then is it based on me allocating 3L & 1L respectively OR 1L in each?

4

No don’t worry it doesn’t work that way now , past may have some issues not any more , strazy uses different order types for same strike opposite postions and many other checks are now in place

Even I run multiple algos together since months no issues at all

Yes combine feature takes max allocation possible on each algo and calculations are done for combination

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