As part of our partnership, you can get FREE access to the following features on Streak’s powerful strategic trading platform till 15th December 2021:
- 50 backtests
- 5 deployments
- 50 scans daily.
All you have to do is login with your Upstox User ID and password from the Streak app or website and explore its amazing benefits applicable on equities, commodities currencies as well as F&O trading.
The latest Streak app is simply elegant, smooth, intuitive, and super fast and focuses on 3 things that are most useful to a trader: Technicals, Strategies and Scanners
📈Technicals
Technicals is the most simplistic section and the perfect way to start exploring Streak. This will help you become familiar with all the popular technical indicators and their categories. Once you master this section you can easily transition to creating both strategies and scanners.
If you have used any modern-day trading app, then you would be familiar with creating a list of stocks and naming it to track them daily. The ‘Technicals’ section allows you to do just that with a twist. Along with showing you the stock prices (LTP), it also shows you a quick “technical” snapshot of each stock you want to track.
You can even deep dive and read through all the technical indicators’ values that are pre-computed for different time frames such as 1m, 5m, …, 1D. Popular indicators include moving averages such as SMA, EMA, Hull, etc, and Oscillators such as RSI, MACD, CCI, etc.
You can directly place orders from the Technicals section and these orders will be routed through Upstox and the same will be reflected in Upstox as well as Streak Orderbook and Positions.
📱Strategies
This section is your go-to section for everything about strategic trading.
You will notice that it is divided into the following subsections:
- My Strategies: The strategies that you created.
- Discover: The strategies published by Streak for educational purposes.
- Create - This is a feature worth exploring! Creating strategies is 10X easier with Streak’s new strategy builder and it comes with 2 in-built modes - ‘Basic’ and ‘Advanced’. Both are powerful and fast, designed to cater to the different needs of the user.
The basic mode lets you create strategies in a pre-defined template format where you add an indicator followed by a comparator and then an indicator again.
Although it looks simple you can create really powerful strategies such as volume-based price action strategies, trend followers, etc. If you use the basic mode with the ‘Assist’ feature (keep the toggle on), even a newbie who knows nothing about technical analysis can create strategies by keying in just one indicator, to begin with, and watch as the rest of the strategy gets auto-completed in a jiffy.
The advanced mode is for those users who want the freedom to create absolutely anything in an extremely flexible way! Whether you want to use a complex mathematical operator or start the strategy with parentheses or create multi-layered complex nested conditions for entry and exit, this is the mode you want to choose. As the name suggests, this mode is for the advanced technical trader who wants to dive deep and test it all out.
Streak also runs the fastest backtests in the world. You can choose to deploy your strategies live in the market or if you aren’t confident enough you can just paper trade and experience strategic trading. If you want to learn more about backtesting and deploying on Streak, stay tuned, we will soon be posting videos where we will dive deep into it.
🔎Scanners
There are over 200 pre-built scanners that you can choose from to use on stocks of your choice. You can use these scanners to scan sectors or baskets of stocks based on conditions that you create.
This section is similar to the strategies section as it also has ‘My Scanners’, ‘Discover’, and the all-powerful ‘Create’ in basic and advanced modes. It is differentiated fundamentally by its functionality wherein it allows you to scan the market sector-wise or scan baskets of stocks with the custom conditions that you create. Once you finish scanning, you can buy/sell the stocks/future contracts that have met the scanning criteria or view their technical summary to double-check before making your decision.
It has additional features which allow you to convert the whole scanner into a strategy that you can then backtest and deploy or you can simply take the scanner live so that it can watch the market for you all day long at time intervals of your choice and get notified.
Streak gives you a complete experience and also has Orderbook and Portfolio sections which reflect all the orders and positions from your Upstox account. That’s not all, but the rest of Streak is best left for you to explore.
To sum it all up, the Streak app has all the features and functionalities that a trader/investor would need such as creating strategies, backtesting, deploying, paper trading, scanning, discovering new strategies and scanners etc. In addition it also has subtle little things which will catch you by surprise and we will leave that to you to discover.
You can download the app here https://play.google.com/store/apps/details?id=com.streak or search for it on the Google Playstore or the App Store.
For further know-how/feedback write to us at support@streak.tech