How to Start Algo Trading

We offer a service connecting various Algo Trading platforms, making automated trading simpler and more efficient. When utilizing the Echo Trade platform for algorithmic trading, it's essential to designate the master account as a demo account (Trade_by_Strategy) rather than a real one. Within this demo account, acting as the master, organizing all real trading accounts under a child section is advisable. This arrangement facilitates efficient management and execution of trades across various accounts, whether they are actual master accounts or Child Accounts.

To connect to the different Algo Trading platforms, first, you need to add a parent account and child account in the Eco Trade software. After that, we will link Algo Trading to various platforms.

Example - 1. Algo Trade by Amibroker in Echo Trade Software

2. Algo Trade by Meta Trader4 in Echo Trade Software

3. Algo Trade by TradingView Webhook in Echo Trade Software

4. Algo Trade by TradingView Free Version in Echo Trade Software


Note- Trade_By_Strategy is a by default name of a Parent Account from ECHO Trade Platform for Algo Trading.

How to Connect Strategy with Echo Trade Platform - Steps to Follow

1. Login on this link Web Panel, Enter Login Credentials “Email and Password”, and Click on Login.

2. Click “Parent & Strategy” Next click on Parent for Adding Parent Account on Echo Trade.

3. Select the Trade_by_Strategy as a Parent Account. 


4. Enter the Strategy Name as "Demo" and the Strategy Tag as "Demo," then click on submit. These are set to "Demo" by default in our Echo Trade Software.

How to Add Child Account in Echo Trade Platform 

1. Login on this link Web Panel, Enter Login Credentials “Email and Password”, Click on Login.
2. Click on "Add Child," then choose a Parent Account from the dropdown menu, and find the broker you want to add as a child account.
3. Enter the details for the broker you want to add as a child account, then submit the information. Your child's account will be added.


 

Connect Echo Trade with Amibroker and Tradingview

Echotrade with different platforms for Algo Tarding, for example - (Ami broker /Meta trader / Excel VBA )   and another one is a Trading view with a free version & a Web-hook version.
How to Connect Algo Trade Platform with Echo Trade
1. Amibroker/Metatrade/ ExcelVBA 
2. Tradingview-webbook version

•    You can trade on any platform using Amibroker, Metatrader, or ExcelVBA. These tools allow you to place all trades and connect to the trading bridge. our Echo Trade software can link with various platforms for algorithmic trading, making it easier to automate and manage your trades.

•    To connect different platforms to our Echo Trade Software, click ON/OFF, then click Save Changes. Next, go to the “Trade Copier” tab and click on the second bar, “Start your Strategy.” This will connect Echo Trade Software to platforms like Amibroker, Metatrader, ExcelVBA, and TradingView (web version).



 

Echo Trade with Trading View Free Version

Connect our Echo Trade Software with Trading View Free Version

To connect the "TradingView Free Version" to our Echo Trade Software you'll need to follow these steps that involve setting up alerts, using webhooks, and integrating with your trading platform or broker.

Step 1: Log in to Trading View and press Ctrl + Shift + I.

Step 2: Create an Alert.
Step 3: You have to go to the network and click on Fetchxr, you will find it below, you have to search for Log username in the Name Section.

Step 4: Click on Log username and Go to Cookies



Step 5: Copy the Session ID and paste it into the platform “Trading View Free Version” and then click Save changes.
Step 6: Start your Strategy by clicking on “Trade Copier”.

 

Echo Trade with MT4 Software

Meta Trader 4 (MT4) is a popular trading platform used by online retail exchange traders. It provides for analyzing financial markets, executing trades, and using automated trading strategies. To connect the "MT4" to our Echo Trade Software you'll need to follow these steps that involve setting up alerts and integrating with your trading platform or broker.

Steps to Follow 

Step 1: Open MT4Software, enter your Login ID, Password, and Server, and click "Login."


Step 2: Copy your MT4 code (Experts/Indicators), then go to File > Open Folder > MQL4 > Experts/Indicators, paste the MT4 code, return to the MT4 panel, navigate to Navigator, right-click on Experts, and select Refresh to find your MT4 code.


Step 3:  Go to the Echo Trade software > Settings > copy the post URL of MetaTrader> MT4 Panel > Tools > Options > allow all notifications and paste the copied URL, then click OK.


Step 4: Click on the yellow icon > go to Experts > click on Code > tap the green play icon > follow these steps:

1.Copy the alert key from Echo Trade and paste it into the Alert section - You can copy from here as well (Alert Key URL -  06f5a07b-ddb2-4da6-8f48-1a86e1e63a0d).

2.Copy the webhook URL from Echo Trade software and paste it into the URL section. You can copy from here as well (Amibroker/ MetaTrader/ExcelVBA URL https://api.garvthakur.com/api/alert/WebhookToTVMetaExcelAmi ).

3.Scroll down and set the signal on the panel to TRUE.

4.Customize your trading settings according to you (segment, symbol, above price, below the price, target).

5.Click the Save button.


 Step 5 : Start your Strategy by clicking on “Trade Copier” on Echo Trade Software.


 

Echo Trade with AmiBroker

AmiBroker is a powerful technical analysis and charting software for trading and investment research. It allows users to develop, back-test, optimize, and execute trading strategies. To connect the "AMIBROKER" to our Echo Trade Software you'll need to follow these steps that involve setting up alerts, using webhooks, and integrating with your trading platform or broker.

Follow these steps to connect ECHO Trade software with “AMIBROKER”

1.  Open Amibroker, click "New Blank Chart" and select "New Analysis".


2. Click the right-side icon to open a popup. Maximize the popup, copy the code, and paste it. Then set your strategy or indicator name.


3.  After setting your strategy name, click "Apply" Your code will then be added to the Amibroker window.


4.  Start your strategy by clicking on "Amibroker" in Echo Trade Software.


 

Echo Trade with TradingView-Webhook

TradingView Webhook is a popular platform for charting and trading and another external service or application. Webhooks in TradingView are used to send real time alerts or notifications to external systems. To connect the " TradingView-Webhook" to our Echo Trade Software you'll need to follow these steps that involve setting up alerts, using webhooks, and integrating with your trading platform or broker.

1. Copy the strategy or indicator code from the folder. In TradingView, go to the drop-down menu, click "Open," then select "New Indicator." Delete the default Pine Script code and paste your indicator/strategy code. Save and rename the code.

2. Click "Add to Chart," and your strategy will appear on the chart.

3. After adding the strategy to the chart, click on it. Find the settings icon, go to "Inputs," and paste your alert key copied from Echo Trade software in the drop-down section. Save it.

Next, click on the strategy in the chart, find the three dots icon, and click on it. Go to "Notification," enable two-factor authentication, paste the webhook URL copied from Echo Trade software, and save it.

4. To generate an alert key, go to settings and paste this syntax in the message box: SYNTAX = {strategy.order.alert_message}}.


5. Start your strategy by clicking "TradingView-Webhook" in Echo Trade software.