How Purple Trades Bridge works
What is Purple Trades Bridge ALGO Trading software?
A: This software allows you to take trades automatically i.e. Buy and Sell orders will automatically be placed without any manual supervision. The key highlight of this software is that it has the ability to take multiple orders within a minute which is practically impossible for a retail investor.
How to setup your own account in our software?
A: Using this software is very easy, you only need to download the software in your PC, no need for any installation.
Once downloaded double click on the software to open it. A LOG-IN pop up will come up on your screen. Use your respective user-id and insert the password to Log-In to the software. This password and user-id must be kept safe as this is your unique identification. Once you have entered your credentials, click on Login. Once you have logged in you’ll see the home-screen of our software.
The next step for you to take would be to enter your API address. Entering the API address is an easy process, just click on “tools” on the top left side of your screen. A drop down will come. Choose “Application settings” from the drop down. A new pop-up window will appear asking you to enter your API Credentials. Enter your “API Key”, your “API Secret” and your “redirect URL”. A redirect URL is nothing but the URL of your broker/discount broker. The default discount broker we have selected is Upstox so the “Redirect URL” for Upstox would be https://upstox.com. Click on save after entering all the credentials. You do not have to enter the API Credentials everytime you Log-In as the data has been saved.
The next step would be to click on “Log-In” present at the bottom left side of your screen. Once you click on Log-In, you’ll get a pop-up window asking for your Demat credentials. Enter the credentials and then click on “Log-In”. If the Demat credentials are correct then click on accept. Do not forget to check the circle at the bottom right. If you’re logged in properly then it will turn from “RED” to “GREEN”. This indicates that you’ve logged-in successfully.
Create your watch-list in setting section and add the stock/future/options watchlist and save it.
In the last step all you have to do is to click on “Start Trading” button present at the bottom right corner of your screen. The setup is ready.