Zerodha - Number One Discount Broker in India

[VJAY]

I thought Zerodha posts here first !

This is what they shared earlier today -

Kite - No outlandish claims. Just - a nice HTML5 trading app built with speed, simplicity, and ease of use in mind.

http://kite.trade/

They are grown big now...so they not want TJ clients
when they started i think the main clients who opened a/c with them are from TJ...whatever new thing they initiated they shared it here well before....
Now even they hardly visit here

 

[simplebuthard]

I was seriously thinking of opening an account with Zerodha..But after going through this thread it seems they have launched a half-baked product called Pi.. which is not a good advertisement for them.. especially when discount brokers are trying to change the dynamics of the industry... Zerodha management must seriously think about it and not undo all the good work they have done so far...

The speed at which Zerodha progresses the PI development is very slow compared to the demand and needs of hungry & Vast clients.

Definitely Zerodha should fasten the progress.

But Deba72, at least Zerodha has half baked product, other brokers not even started baking. As a hungry client I need to eat half baked product rather non-baked one. Zerodha!! take care of our stomach

 

[Zerodha]

1st minuite freek bar is other thing....but here every bar mismatch OHLC

Vjay, check this: http://tradingqna.com/8843/technical-charts-google-finance-yahoo-finance-amibroker-match

NEST is not a benchmark for data. Every platform provider manages the millions of ticks that come on the server in a particular way. We are trying to benchmark most of our rules very close to what esignal follows.

So for example if you are looking at a min candle, you can start the min at 9.15 - 00 to 59 (secs) or 9.15 - 01 to 60.

We follow what esignal follows, so 00 to 59, whereas NEST follows 01 to 60. So if you are looking at 1 min chart, there might be a variance.

Also the 1st min of every day, there are going to be zillion ticks, so every platform forms that 1min candle with the ticks it is able to capture. n

One thing that will be fixed that calic was asked, we currently form the daily candles from all the 1 min candles. This will soon change to based on exchange bhavcopy. So this will ensure daily candles exactly matches with NSE and also most other platforms.

But intraday, there is no way all platforms can match each other exactly. Do check that link above.

 

[Zerodha]

I thought Zerodha posts here first !

This is what they shared earlier today -

Kite - No outlandish claims. Just - a nice HTML5 trading app built with speed, simplicity, and ease of use in mind.

http://kite.trade/

Ah yes, we always share here first. The boys who are active on traderji are busy getting ready for our "handsome Compliance Officer & Operation's head Sangeet".

Excuse this time.

 

[Zerodha]

The speed at which Zerodha progresses the PI development is very slow compared to the demand and needs of hungry & Vast clients.

Definitely Zerodha should fasten the progress.

But Deba72, at least Zerodha has half baked product, other brokers not even started baking. As a hungry client I need to eat half baked product rather non-baked one. Zerodha!! take care of our stomach

Don't agree on the idea of half baked product @Deba72 Yes, there are always improvements needed.

The main issue most people pointing out are that intraday chart OHLC not matching, but the answer is here for that : http://tradingqna.com/8843/technical-charts-google-finance-yahoo-finance-amibroker-match

 

[Brill]

today banknifty futures 5min chart showing 0 vol and no bar formed at 9:45 bar

 

[deba72]

Don't agree on the idea of half baked product @Deba72 Yes, there are always improvements needed.

The main issue most people pointing out are that intraday chart OHLC not matching, but the answer is here for that : http://tradingqna.com/8843/technical-charts-google-finance-yahoo-finance-amibroker-match

Don't get me wrong.. I sincerely wish all these new age discount brokers like Zerodha and RKSV to succeed as that will change ( much desired ! ) the entire dynamics of the broking industry in India..

So I am only advising Z to be extra careful because none gets second chance to build a first impression...

 

[RAAMAKANT]

Hey Zerodha,
It will be very much helpful if a user can resize and move windows as per there wish.
When I open order-book window it covers whole chart, and it's affecting on information I am getting from chart.
So if I can able to detach & resize it, I can minimize it as per my requirement and modify my orders while looking at chart.

Hope you will consider this in your further improvements..........

 

[VJAY]

Vjay, check this: http://tradingqna.com/8843/technical-charts-google-finance-yahoo-finance-amibroker-match

NEST is not a benchmark for data. Every platform provider manages the millions of ticks that come on the server in a particular way. We are trying to benchmark most of our rules very close to what esignal follows.

So for example if you are looking at a min candle, you can start the min at 9.15 - 00 to 59 (secs) or 9.15 - 01 to 60.

We follow what esignal follows, so 00 to 59, whereas NEST follows 01 to 60. So if you are looking at 1 min chart, there might be a variance.

Also the 1st min of every day, there are going to be zillion ticks, so every platform forms that 1min candle with the ticks it is able to capture. n

One thing that will be fixed that calic was asked, we currently form the daily candles from all the 1 min candles. This will soon change to based on exchange bhavcopy. So this will ensure daily candles exactly matches with NSE and also most other platforms.

But intraday, there is no way all platforms can match each other exactly. Do check that link above.

Thanks for the info...I had seen my trades triggers and reverse but chart not showing that entry fig...I seen these with many low priced data venders(not official ones)...am sure this type of things see in PI chart too as it missing high/lows in many bars ...But never seen in ZT charts(though am not using its chart ...using its data with ami)

 

[emt]

zerodha, it would be nice if u provided a leaderboard of sorts. where its possible to see who's the client with the greatest returns. it should be sortable by month, year etc. of course the real names need not be revealed- only the aliases along with appreciation% and maybe a couple extra details to provide some context i.e. a trader with a 50 lac account size will naturally have less returns than one with 50k acc size