Mastertrust Algo Trading – Review, Benefits, Top Features, Set-up & more

The Mastertrust Master Trader 3.0 is the latest version of Mastertrust Algo Trading Platform using which users can automate their trading activities using preset buy and sell algorithms that are triggered according to pre set changes in the market.

The Master Trader 3.0 software is available to download for Windows PC and comes as a plugin for Amibroker. In this article, we are going to discuss the features, advantages, installation steps and more about Mastertrust Algo Trading.

Mastertrust Capital Offers


Mastertrust Algo Trading Review & Ratings

Mastertrust Algo Trading Ratings
CriteriaRatings
Processes6.5/10
Usability6.4/10
Features6.2/10
Speed6.1/10
Performance6.3/10
Overall Ratings6.2/10
Star Ratings★★★★★

About Mastertrust Master Trader 3.0

MasterTrust is a full-service private stock broking company which has been active in the financial sector for an upwards of 20 years.

The company serves over 150,000 customers and indulges in multiple financial sectors. They are registered with SEBI and can place trades in the NSE, BSE, MCX-SX, NSDL & CSDL.

They also provide Insurance and Mutual Fund services for their clients. It also have an equipped research team which aims at providing accurate and relevant data for the clients of MasterTust to invest and trade in various financial products.

The Master Trader 3.0 gives you a specialized Algorithmic Trading experience packaged in a complete all in one solution for quality market analysis, algorithm personalization, automated trading and portability to carry tasks on the go.


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    Features of Mastertrust Master Trader 3.0

    There are a lot of distinct features that makes the Master Trader 3.0 software by Mastertrust stand out from other algorithmic trading software in the market.

    The features of Mastertrust Algo Trading Software are following: –

    Efficient Execution of Trades

    The Algo Trading Platform has an efficient execution strategy which ensures that no trading opportunity is slipped and also reduces pending orders.

    Slower execution of trades can be disruptive in terms of profits for the clients.

    Affordable

    The Master Trust Algo Trading Platform is a subscription-based service where you can get the updated trading strategies and market data every month for a nominal fee of Rs.1000. This is way less than other algorithmic trading providers in the market.

    The low price is partly because the Master Trader 3.0 is a plugin to a popular application called Amibroker so Mastertrust doesn’t have to spend resources in developing the platform and they can just focus on the trading algorithms.

    Portability

    The Mastertrust Algo Trading Software which needs to be running on a computer constantly in order to make trades on behalf of the user. However, this may not be practical for some people.

    To solve this, the Master Trader 3.0 can be hosted on a Virtual Private Server (VPS) which runs on a remote computer which the user has access to.

    This also makes the software accessible on mobile phones and tablets on the go.


    How to Use Mastertrust Master Trader?

    The Mastertrust Master Trader is a desktop application which needs to be downloaded to your computer and installed.

    The download is not available freely on the internet and will be provided to the clients upon registering for the Master Trader 3.0 by MasterTrust.

    To install the Master Trader 3.0 software, you are required to install Amibroker beforehand. Amibroker is a technical analysis software which can make trades using predefined formulas set by the user.

    The Master Trader 3.0 software sets the formulas for you based on the market conditions and algorithmic analysis. This is why you are required to have Amibroker installed in order to start using Master Trader 3.0 software.

    To install Amibroker on your Windows PC, follow these steps: –

    1. Go to Amibroker’s official website (amibroker.com).
    2. Go to the download section and download the executable for Windows.
    3. Install Amibroker using the setup file downloaded from the website.

    Steps to install and start using the Master Trader 3.0

    1. Download the executable file and install it by following the instructions as provided.
    2. After installing the Master Trader 3.0 software, select its icon from the start menu to start the application.
    3. Now you will be asked to log in to Master Trader 3.0 software to start using it.
    4. To login to master trader, simply use your account ID and confidential password.
    5. After logging in, master trader automatically connects to Amibroker.
    6. You can identify the data feed status by the green bar at right bottom, if it is green then you can start the automated trading process.
    7. You can apply trading strategies using the Algo interface in Master Trader 3.0. Go to tools then Algo interface to open Algo interfacewhich is also your multi strategy dashboard this dashboard allows you to view and manage multiple strategies at ease.

    How to own Mastertrust Algo Trading Platform?

    To download and use Mastertrust Master Trader 3.0, you need to buy the product which is a subscription-based service that provides monthly data for Amibroker for automated trading.

    The product costs 1000 INR for the Amibroker plugin as well as data. You can get updated data every month for the same price.

    To buy the Mastertrust Master Trader 3.0 software, follow these steps: –

    1. Go to Mastertrust’s official website (Mastertrust.co.in).
    2. In the header, look for Automatic Trading on the top right side and select it.
    3. In the dropdown menu, click on information and enquiry to go to the enquiries page.
    4. The enquiries page contains information about the software and if you scroll down, you’ll see a contact form.
    5. Fill in your details in the contact form to enquire about the product. You can get payment options and further information from the Mastertrust executives.

    Once you have successfully purchased the Master Trader plugin, you can install the software and use it with Amibroker to trade automatically even when you are asleep.


    Advantages of Mastertrust Master Trader

    The Master Trader 3.0 is one of the most famous algorithmic trading applications in the market. The reason for its success is that it has many advantages when compared to other players in the market at a significantly lower price tag.

    Some of these advantages are: –

    Strategy Customization: The clients of the Master Trader 3.0 plugin have the option to customize the predefined strategies provided by MasterTrust and add their own StopLoss, targets, kinds of signals (bearish or bullish) and more without needing to learn any programming language.

    Multiple Strategies At Once: The dashboard of Master Trader 3.0 consists of options that allow the clients to execute multiple trading strategies at once. This parallel execution of trades helps the clients in maximizing profits.


    Mastertrust Algo Trading – Conclusion

    The Mastertrust Algo Trading Software by Master Trust is an algorithmic trading software which makes the process of analysis and execution of trades fully automated for the clients.

    The product is subscription based which consists of monthly updated trading strategies for the software which allows updated market data to make the trades more accurate and helps in minimizing losses for the clients.

    The service is relatively affordable than other Algorithmic trading software in the market and offers many unique features like strategy customization and VPS hosting.


    Get Free Access to Mastertrust Master Trader – Open Demat Account Now!

      Fill Your Details Here
      1. Open Demat Account

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