Quantiply.tech

⚠️ If there is any algo which is still showing Not Running, please share the algo page link with me on private chat, and it will be restarted ⚠️

⚠️Issue is not yet resolved, it will be resolved in another 10 mins⚠️

⚠️Resolving a backend issue. Algos will not run for sometime. Will update as soon as it is resolved. Positions can be taken manually or managed manually for now⚠️

There’s some issue on the backend, we’re figuring it and fixing it asap

⚠️ UI Update ⚠️ Algo running / not running status added to the main page (marked with light green arrows in the image) Dot should be red when algo is in the following status: 1. Disabled 2. Enabled 3. Trade Closed Dot should be green when algo is in the following status: 1. Ready 2. Trade Active If the dot is red when the algo is in Ready or Trade Active status, then the algo is not running when it's supposed to be and can be highlighted to @abhishah33.

⚠️ UI issue is fixed. Refresh multiple times or do a hard refresh ⚠️

⚠️ It's only a UI issue, trades will be executed normally ⚠️

⚠️ There's a UI issue on Quantiply. UI is crashing when the algo is active. This issue will be resolved asap ⚠️

⚠️ IIFL maintenance activity is completed. Broker login can be done now ⚠️

⚠️ IIFL Users can broker login after 8:45 AM today. There’s some maintenance activity happening at IIFL’s end ⚠️

⚠️ Functionality Update ⚠️ Move SL to Cost can now be used along with Wait & Trade Move SL to Cost works only when 2 opposite side legs are open simultaneously. When 1 side SL hits, the leg(s) of the other side will have their stoplosses moved to cost. In the case of Wait & Trade, if only one leg is open, and it’s SL hits, and later if the other side leg also enters, the SL that gets applied will be it’s original SL as configured in the settings. In short, SL’s can be moved to cost only when 2 opposite side legs are open simultaneously and one side hits the SL.

Points to remember (Re-entry feature): 1. Once the trade is active Re-entry type setting cannot be modified, but, maximum number of re-entries setting, can be modified. 2. For MTM SL, the values set in the MTM SL section will be considered as SL, if this SL is hit, then the re-entry condition will be checked. If you want your max loss in a strategy to be 6000 only, then you can set the SL value and no. of re-entries accordingly. In the below (Image) example, if SL value is set to 2000 and max re-entries is set to 2, it means the (1 x original entry) + (2 x re-entries) may make up for a max loss of 6000, after which the algo will completely exit and close the entire trade. Refer image below: <Check your email for the image> 3. Re-entry orders will be fired ONLY when re-entry condition is fulfilled, even if Entry/Exit order type is Limit/SL-Limit. The algo will not place re-entry Limit/SL-Limit orders right after the original or previous SL is hit. 4. The re-entry feature can work along with Move SL to Cost feature. 5. The Re-entry feature cannot work along with the Wait & Trade feature in this release. In the next release Wait & Trade will be enabled to work with the Re-entry feature. 6. Once the positions are taken by the algo, you can see that each leg is color coded with a color strip in the Status column. This color coding helps differentiate between unique open positions and the positions re-entered.

Example: An Iron Condor is sold with the following positions, Sell 37400 CE, Sell 37400 PE, Buy 37500 CE, Buy 37300 PE with an SL set to Rs. 2000. If the SL hits, the algo will select the latest strikes as per the legs configured in the settings and the underlying, and immediately re-enter the Iron Condor. Based on the underlying price and legs configured, the strikes re-entered may or may not be the same. 6. MTM REVERSE RE-ENTRY - Square off, reverse positions & re-enter (Re-enter reverse positions if the combined premium SL (or MTM SL) is hit: When the MTM SL hits, the algo will immediately square off all legs and open new positions in all the legs but in reverse. If the original positions were a Sell, then the re-entered positions would be Buy. For this type of re-entry, the legs will keep alternating between Sell & Buy, every time it re-enters. It is possible that the strike prices change or stay the same, based on the latest price of the underlying and the leg configuration settings. II. Other Settings: 1. Number of times re-entry setting: <Check your email for the image> With this setting, you can define the maximum number of times re-entry should happen. You can individually define max no. of re-entries for each individual leg and MTM re-entries. If a value of ‘2’ is given for this setting, it will mean that the position will be taken a total of 3 times, ie. (1 x original entry) + (2 x re-entries). A maximum of 20 re-entries is allowed, if a max limit were to be set. But, if “No max limit’ setting is selected, the algo will re-enter any number of times, the re-entry condition is fulfilled. Refer to the image below. <Check your email for the image>. Let’s look at an example where Individual leg re-entries and MTM SL re-entries, both, are configured in an algo, let’s see the example of CE leg which is sold, in this case, 39400 CE, which has been given a maximum number of re-entries setting of 2. Here, upon taking positions, the 39400 CE leg hit SL, and re-entered once. That will be considered as re-entry 1. Later, MTM SL got hit and MTM re-entry condition was fulfilled due to which all original positions were squared off and a re-entry happened in all legs. This MTM re-entry will not be considered a re-entry for the individual leg 39400 CE which had a setting of maximum 2 re-entries. A little later, 39400 CE’s individual SL is hit, and a re-entry condition is fulfilled and it re-enters. This individual re-entry of 39400 CE will be considered the 2nd re-entry, post which if SL were to hit, then a 3rd re-entry will not take place for this individual leg. But in case if MTM SL Re-entry had a maximum number of times re-entry of 2, then all the legs including 39400 CE will re-enter as an MTM re-entry along with the other legs. In short, MTM SL re-entry does not include or count an individual re-entry. 2. Re-entry time settings: a. Re-entry only after (time): <Check your email for the image> In the above example, re-entry will take place only after 11:15:05. Even if the Re-entry condition is fulfilled before 11:15:05, the algo will not re-enter. If SL is hit before 11:15:05, then the position will be closed for the whole day, the leg will not re-enter even after 11:15:05. b. Re-entry only before (time): <Check your email for the image> In the above example, re-entry will take place only before 14:30:00. Even if the Re-entry condition is fulfilled after 14:30:00, the algo will not re-enter. If the SL is hit after 14:30:00, and the re-entry conditions are fulfilled, even then the leg(s) will not re-enter. c. Re-entry between (time): <Check your email for the image> In the above example, re-entry will take place only between 11:15:05 and 14:30:00. If the SL is hit before 11:15:05 or after 14:30:00, the positions will be closed for the day. Even if the SL hits between the above set time, but the re-entry condition is fulfilled before 11:15:05 or after 14:30:00, the algo will not re-enter positions.

🔔 NEW FEATURE ANNOUNCEMENT 📣 RE-ENTRY This feature allows the re-entry of positions that have exited upon hitting the Stoploss. RELEASE NOTES (⚠️Check your email for examples with images⚠️): I. Re-entry types: 1. RE COST (Re-entry at Cost ie. re-entry at original average entry price): After the SL hits, if the price comes back to the original average entry price, the algo will re-enter the same leg/symbol. If the original position was a Sell, then the re-entered position will also be a Sell. The same SL or Target settings will get applied upon re-entry. Example: A PE Strike was sold at 200 premium with SL setting 10%, ie. SL price 220. If the SL hits, the algo exits the leg at 220. If the price were to come back to the average entry price of 200, the algo would re-enter the same strike/symbol ie. a Sell position would be taken in the same strike/symbol. 2. RE COST REVERSE (Re-entry at cost but reverse position): After the SL hits, if the price comes back to the original average entry price, the algo will re-enter the same leg/symbol but in REVERSE. ie. If the original trade was a Sell, then the re-entered leg will be a Buy. The same SL or Target settings will get applied upon re-entry. If this re-entered buy leg were to hit SL, and price were to come back to the average entry price, then the algo will again re-enter but in Reverse ie. the re-entered leg will be a Sell. For this type of re-entry, the leg will keep alternating between Sell & Buy every time it re-enters. Example: A PE Strike was sold at 200 premium with SL setting 10%, ie. SL price 220. If the SL hits, the algo exits the leg at 220. If the price were to come back to the average entry price of 200, the algo would re-enter the same strike/symbol but it would reverse the direction ie. instead of Selling the same strike/symbol, the algo would Buy the same strike/symbol. 3. RE ASAP (Immediate re-entry if the SL is hit): As soon as the SL is hit, the algo will re-enter. If the strike level changes as per the leg setting, the latest strike will be selected for re-entry. In this case, if the original leg was a Sell, then the re-entered leg will also be a Sell. The same SL or Target settings will get applied upon re-entry. Example: An ATM strike of 37400 CE was sold at 200 premium with SL setting 30%, ie. SL price 260. If the SL hits, the algo exits the leg at 260, and the algo immediately checks the latest ATM based on the underlying, in this case the underlying’s price was 37460, then the ATM strike of 37500 CE is selected and a new Sell position is taken in 37500 CE. 4. RE ASAP REVERSE (Immediate re-entry if the SL is hit, but reverse the position): As soon as the SL is hit, the algo will re-enter but in reverse. If the strike level changes as per the leg setting, the latest strike will be selected for re-entry. In this case, if the original leg was a Sell, then the re-entered leg will be a Buy. The same SL or Target settings will get applied upon re-entry. For this type of re-entry, the leg will keep alternating between Sell & Buy, every time it re-enters. Example: An ATM strike of 37400 CE was sold at 200 premium with SL setting 30%, ie. SL price 260. If the SL hits, the algo exits the leg at 260, and the algo immediately checks the latest ATM based on the underlying, in this case the underlying’s price was 37460, then the ATM strike of 37500 CE is selected and instead of Selling the leg, it will reverse the direction and take a Buy position in 37500 CE. 5. MTM RE-ENTRY - Square off & re-enter (Re-enter if the combined premium SL (or MTM SL) is hit: When the MTM SL hits, the algo will immediately square off all legs and open new positions in all the legs. It is possible that the strike prices change or stay the same, based on the latest price of the underlying and the leg configuration settings.

⚠️ If there are any algos showing 'Not Running', please share the algo page links with @abhishah33. These algos will be reset so they can be used again

DUPLICATE OR DELETE MULTIPLE ALGOS: You can now duplicate or delete multiple algos at the same time. NOTES: For duplicating multiple algos: 1. Add text before or after the algo name. This text can be useful to differentiate between existing algos and duplicated algos. It can come very handy when you are duplicating algos temporarily to another day, for example, when Wednesday is an expiry day, if Thursday is a trading holiday. Add text setting can also be left empty while duplicating multiple algos. 2. Duplicate multiple algos to a specific day or multiple days at the same time. 3. Select client ID/broker: If you select a client ID/broker while duplicating multiple algos, all the duplicated algos will have that selected client ID/broker applied. If you DO NOT select a client ID/broker while duplicating multiple algos, then the existing client ID/broker selection, if any, will get applied to the duplicated algos. For deleting multiple algos: 1. Unlike earlier, you can now delete disabled algos during market hours. 2. Algos cannot be deleted when they’re in the following state during market hours: Trade Active, Trade Closed, Ready. You can delete only Disabled or Enabled algo(s) during market hours. If an algo is in Ready status, you can disabled it and then delete. Main use cases for this feature: 1. Thursday is a trading holiday, and you want to trade all your expiry day strategies on Wednesday. In this case, the Thursday algos (strategies) will have to be duplicated to Wednesday, and then these duplicated algos can be deleted after market hours on Wednesday. 2. You’ve added a new client id to your Quantiply account, and need to duplicate & run all the same algos (strategies) being traded on another client ID/broker. Tips: 1. Use the search filter to narrow down on multiple algos you want to duplicate or delete. 2. Use the Select all filter to filter algos by statuses. 3. Group algos by renaming it with a common text, so it can be easily filtered using Search. Eg. Add client ids, day, or strategy name or type as additional text in algo names.

⚠️ Announcement from IIFL: All IIFL users, please delete old version of your XTS mobile app and install the updated one shared below: iOS: https://testflight.apple.com/join/VOssI4bd

⚠️ Announcement from IIFL: All IIFL users, please delete old version of your XTS mobile app and install the updated one shared below: https://workdrive.zohoexternal.com/file/cxgb2fb0a15ae891e480994913f80f4f1f134 iOS app link will be shared later today