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Sign Up with ALGORAM
One time- Visit algoram.in and click Register
- Create your account in a few minutes
- Secure login with email OTP
HOW IT WORKS
Start Once. Trade Automatically.
Your trading companion for the Indian stock market. Set it up once, log in each trading day, and ALGORAM handles the rest, from signal to trade closure.
Simple setup
Fully automatic
Rule-based & disciplined
Read this page in
PART 1 · YOU DO THIS
Getting Started with ALGORAM
Three one-time steps, then one quick login every trading day.
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2
Open a Demat Account with 5paisa
One time- Easy online account opening
- Complete your KYC with 5paisa
- Already have a 5paisa account? Skip this step
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3
Link 5paisa with ALGORAM
One time- In your ALGORAM panel, open Profile → Broker connection
- Enter your 5paisa Client Code and login details
- Connected through the 5paisa API, as a one-time setup
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4
Log In Daily Around 8:30 AM
Every trading day- Log in to your ALGORAM dashboard before the market opens at 9:15 AM
- Complete the daily 5paisa login, because the broker session must be renewed every trading day
- Check your trading settings. After this, ALGORAM handles the rest
Tip: Want to watch it first? Paper trading runs the same live signals with virtual money. Ask our team to turn it on for your account.
PART 2 · ALGORAM DOES THIS
How ALGORAM Works After Login
Once you log in, ALGORAM automatically handles the complete trading process, from signal to trade closure.
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Signal Generation
- Predefined, rule-based strategies check ALGORAM's watchlists every minute from 9:15 AM to 3:30 PM
- When trend and strength indicators line up, a BUY or SELL signal is created
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Filter the Signal
- Every signal passes quality checks: trend strength, direction, option premium and bid-ask spread
- A signal that misses any condition is skipped
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Execute the Trade
- About 20 safety checks run first: auto trading on, trade limits, daily loss limit, capital and margin
- Then the order is placed in your 5paisa account automatically
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Risk Management
- Capital is split by segment (Stocks, Index F&O, Stock F&O) as per your Trading Settings
- Position size, stop loss, maximum trades per day and the daily loss limit follow your configured rules
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Trailing Stop Loss
- ALGORAM checks every open position every minute
- As the price moves in your favour, the stop loss is adjusted automatically
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Close the Trade Automatically
- The trade closes when the target, stop loss, trailing stop or strategy exit is hit
- Any intraday position still open is squared off around 3:00 PM
TRADE ROUTE MAP
One Trade, Start to Finish
Follow one example trade along the route: every stop, every check, and what happens when a check fails.
HYPOTHETICAL EXAMPLE
NIFTY 24,000 CE (call option)
Entry premium ₹100
1 lot
Stop loss 10% (₹90)
Target 20% (₹120)
Trailing stop 5%
Prices, times and settings are made up to show the flow. This is not a real trade and not actual or expected performance.
Legend
Your stop
ALGORAM stop
Checkpoint
Detour when a check fails
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1
8:30 AM You log in
ALGORAM dashboard and the daily 5paisa login. Auto trading is ON.
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2
9:15 AM Market opens
ALGORAM starts checking the watchlists every minute.
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10:05 AM BUY signal found
On the NIFTY 24,000 CE chart the strategy sees a fresh uptrend with strong momentum.
No signal? It checks again the next minute. -
4
10:05 AM Quality filters passed
- Trend strength
- Direction
- Premium
- Bid-ask spread
Any check fails → the signal is skipped -
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10:05 AM Safety checks cleared
- Auto trading ON
- Trades today: 1 of 5
- Daily loss limit not hit
- Margin available
Any check fails → the trade is skipped and logged -
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10:06 AM Order placed
BUY 1 lot at ₹100 in your 5paisa account. Stop loss ₹90, target ₹120.
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10:40 AM Trailing stop moves up
The premium rises to ₹110, so the stop loss moves from ₹90 up to ₹104.50.
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11:15 AM It moves up again
The premium touches ₹116, so the stop loss moves up to ₹110.20.
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11:40 AM Trade closed
The premium slips back and touches the ₹110.20 trailing stop, so the exit order goes to 5paisa. The fill can differ slightly from the stop price.
If the premium had fallen to ₹90 first, the stop loss would have closed the trade at a loss. -
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~3:00 PM Intraday square-off
This trade is already closed. Any intraday position still open would be closed now.
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After 3:30 PM Review
The trade, its P&L and estimated charges show up in Algo Real and Ledger.
A TRADING DAY
Your Trading Day with ALGORAM
Your only daily task is the morning login. Everything after that runs on its own.
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~8:30 AM
You log in
ALGORAM dashboard and the daily 5paisa login
Your only daily task -
9:15 AM
Market opens
Strategies start checking every minute
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All day
Fully automatic
Signal → checks → order → trailing SL → exit
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~3:00 PM
Square-off
Intraday positions still open are closed
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After 3:30 PM
Review
See trades, P&L and estimated charges in Algo Real and Ledger
Important Note
Your money stays in your broker account.
ALGORAM does not deposit or withdraw money from your account. Your funds stay in your own 5paisa account, under your control.
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Rule-Based Strategies
Predefined, disciplined rules
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Fully Automatic
No manual order entry
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Risk Managed
Stop loss, limits and daily caps
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Automatic Execution
Orders through the 5paisa API
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Your Funds, Your Account
ALGORAM never holds your money
Ready to Get Started?
Set up once. Log in every trading day. Let ALGORAM handle the rest.
ALGORAM provides algorithmic trading software and related technology services. It is not an investment adviser, research analyst or portfolio manager. Trading in equities and derivatives involves market, execution, liquidity and technology risks; options trading can result in substantial losses. No return or capital protection is guaranteed. Stop losses can fill at a worse price than the trigger during gaps, fast markets, low liquidity or technical failures. Paper-trading results may differ materially from live results. Times shown are approximate and can change with strategy and exchange settings.