Raghav Malik
co-founder and CEO
AlgoTest (YC S22)
AlgoTest provides an automated platform for competitive programming practice and assessment. It offers a comprehensive suite of tools for users to hone their algorithmic skills through timed challenges and performance analytics. The service supports various programming languages and focuses on enhancing coding proficiency for technical interviews and contests.
- Data & Analytics
- Developer Tools
- Financial Technology
- Software Only
Updated 21 months ago
Funding
Raised to date
$500KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Retail traders in the Indian financial markets often lack access to sophisticated tools for backtesting and executing algorithmic trading strategies, putting them at a disadvantage compared to institutional traders. Existing backtesting tools may provide incomplete information, leading to inaccurate assessments of strategy profitability and risk.
Solution
AlgoTest provides a platform designed to level the playing field for retail traders in the Indian market, offering tools for backtesting, forward testing, and deploying algorithmic trading strategies. The platform allows users to backtest strategies on historical data, accounting for slippage, brokerage, and taxes to provide realistic results. Users can then forward test strategies in a simulated live environment before deploying them with integrated brokers. AlgoTest supports algorithmic trading across multiple indices and stock options, connecting with numerous broker APIs for seamless execution.
Target Audience
The primary target audience includes retail traders in the Indian financial markets who want to leverage algorithmic trading for options and futures but lack access to institutional-grade tools and resources.
Features
- Backtesting engine that simulates trading strategies on historical data with detailed reports including maximum drawdown and success rate.
- Forward testing environment to evaluate strategies in a simulated live market without risking real capital.
- Integration with over 45 brokers for one-click deployment of algorithmic trading strategies.
- Strategy builder tool that allows users to construct, analyze, and trade strategies directly from the option chain.
- Automation of indicator-based trading using signals from TradingView, Chartink, and custom scripts.
- Free options charts and option chains for Banknifty, Nifty, Finnifty, Sensex, and Midcap indices.
- F&O margin calculator to assist in risk management and strategy planning.