Algo (algorithmic) trading means placing trades automatically using a computer program that follows a set of pre-defined rules, instead of placing each order manually.
How it works
You define a strategy — the conditions under which to buy or sell (based on price, indicators, time, and so on). A program then watches the market and places the orders for you when those conditions are met. With Rupeezy, this is done through the Vortex API.
Good to know
- Under SEBI's framework, automated and high-frequency strategies must be registered and run under an approved Algo ID. On Vortex, a non-algo API key can send fewer than 10 orders per second; anything at or above that rate needs an Algo ID. See FAQs for Algo ID in API Trading.
- You choose and control the strategy — the API only executes what your program tells it to.
To start building, see What is Vortex API? and How to register for Trading API through Vortex.