"PI" is Zerodha's desktop trading platform with unique and innovative features like advance charting, backtesting and many more other features for trading in Indian Stock Market. Zerodha PI is one of the most powerful trading terminals in Indian Finance Market. This product has been designed for Traders.
To, Download Zerodha PI click on the link. This will transfer you on google drive. You can click on top download button. You need to download the Pi_Zerodha_latest_release.zip file, unzip this file and click on the pi_setup.exe button to install software on your desktop or laptop. Version detail is keep updating, and if you have Pi installed on your machine, you will get an update on your software. For new users, the latest version is available on above link.
Zerodha and Tradelab had build PI Bridge to give seamless and reliable connectivity from the charting or programming tool (AFL or AmiBroker or Ninjascript (Ninja Trader) or MQL (Metatrader)) to the trading engine on Pi. First time in ever in any trading platform, Zerodha PI Bridge is providing the capability to fire orders via charting or programming tool and get order updates back via bridge.
PI Bridge access is on-demand and free for 7-days trial, after that, it cost Rs 300 Per month.
The process of testing a certain trading strategy on historical price data is called "back-testing". The results of back-testing show the profit or loss which could have been made over time if the system had been used.
With the help of this new PI software, the trader can test multiple trading systems on multiple markets, stocks and commodities in a very short time. With an indicator builder, it is also possible to create own technical indicators and trading strategies and to test them directly with the software.
Back-testing only calculates the summarized profits or losses of all trades in a certain time frame. Broker commissions, slippage, and taxes are not considered in back-testing. The back-testing process requires three types of input data which can vary. These are the trading system which delivers buy and sell signals, a specific market product which gets traded, and a time frame for the back-testing calculation.
After seeing the demo of the tool I was really impressed with the charting feature and the way it provides the technical analysis for traders. The Back-testing is a great feature for research and technical analysis.With fast speed and low bandwidth use, we hope this tool is going to give new height to Zerodha's growth.
If you are not a Zerodha client yet, hurry and sign up to use one of the revolutionary trading platform!
Last updated on 5th Jun 2019