Traders are slowly converting manual trading to automation trading. In order to execute Automation Trading, new software is being launched in the market by many companies.
Among all these companies, Zerodha is a very famous broker. Apart from the broker, it is running an Algo named Streak for Automation Trading. Streak charges some fees every month to do Automation Trading.
There are many other Zerodha Streak Alternative For Automation Trading software. Like chartink, tradtron and nextlevelbot.
Zerodha Streak Alternative List
Tradetron
Alternative to Zerodha Streak The name of the first algo platform is Tradetron. Tradetron is a website on which you can run the algo by writing any strategy code.
If you are new to the world of algo and want to start algo trading with less money. Tradetron is the best option for you. Tradetron will charge Rs 300 a month for running a strategy.
Tradetron Features
- You can create a strategy for free and deploy it in paper trading.
- Cheapest platform to start algo.
- There is no need to learn Python to use it.
- Tradetron has its own youtube channel, which teaches how to use Tradetron.
- Separate charges will have to be paid for backtesting the strategy.
Tredtron Pricing Plan
Tradetron – Click Here
Chartink
Chartink is a platform that provides two features at the same time in one subscription. The first feature is the stock scan. Which is used to check a stock fundamentally and technically.
The second feature is to give alerts. You can get the alert to hit the order on the broker through any Algo website. To create an algo with it, you have to subscribe to the next-level bot platform.
Chartink Features
- You can use Chartink for free only to scan stocks.
- Premium will be required to send alerts.
- There is no need to learn Python to run on it.
- Any strategy can be backtested for free.
Chartink Premium Price
Chartink – Click Here
Nextlevelbot
Nextlevelbot is a great alternative to Streak. Nextlevelbot is the only such platform in India. With which you can do Automation Trading by connecting the API of any broker in India.
With the help of Nextlevelbot, you can create a connection with meta5 and get the auto order hit in the forex broker. To run algo from Nextlevelbot, one has to take help of another website like chartink, tradingview.
Nextlevelbot Features
- Paper trading does not work well on Nextlevelbot.
- You can use it by taking a plan of 3 days in 200.
- Customer support is very good.
- You can get the order hit by sending chartink’s alert to Nextlevelbot.
- You can get orders hit from Tradingview, for this it is necessary to know Python.
Nextlevelbot Premium Price
Nextlevelbot – Click Here
There are many more Zerodha Streak Alternatives but I have shared the information about those three algo softwares that I personally use for my Algo Trading.
