Choosing the best, and more importantly the right trading software can be a tricky decision especially with a diverse universe of intraday trading software and MCX trading software. Most trading platforms are competitive and intend to make trading an all-encompassing, pleasurable experience for the user. But are they really good enough? Here’s a detailed analysis of Orion Lite and why you should go for it.
Let's begin with the basics of the Best Trading Software
Orion Lite provides up-to-date information on the risk and expected return characteristics of your portfolio. It lets you manage the risk profile of your portfolio. The Interactive Risk Return Chart will help you choose from best combinations of the portfolio. It is well diversified within stocks and sectors with an option to include research for even better diversification. This terminal-based LIVE application displays and takes command to execute the suggested view on real-time basis.
Why Orion Lite is the Best Trading Software
The trading execution is super-fast with 1-second rate refresh
You'll get advanced charting tools and tick-by-tick action watch
The Leverage is technology enabled to assist you in getting upto 20 times your margin*
Recommendations are backed by robust research ranging from Hours-Days-Weeks-Months-Years
It has the revolutionary trade guide signal – a new generation trend guiding tool to auto-generate buy/sell ideas
You'll have access to over 30,000 research reports across all asset classes in a single click
You'll get high-speed feeds, multi-asset trading & execution, even when the bandwidth is low
The Best Trading Software Offers the Best Benefits
Advanced Charting Tools
A variety of charting options on the Orion Lite desktop application provide more than 40 technical indicators in a single scrip. And if you do sign up you also get access to a range of customizable indicators like Moving Averages, Bollinger Band, Triple Exponential Moving Average and more, to aid you in technical analysis.
Know more about Advance charts - Trading in Stock Market via Desktop
Tick-by-Tick Action Watch
The Orion Lite desktop application alerts you when a scrip or a group of scrips are available cheaper than the spot rate so that you can make instant trading decisions. It also allows you to set customized conditions that help you track the stocks along with giving real-time spread calculations of stocks.
Multi-Asset Watch Lists
You can easily keep track of your favourite stocks by creating multiple watch-lists with real time streaming quotes for Equity & Derivatives market, Commodity trading and Currency trading - all of this by signing up just once.
Solid Research
You will get access to in-depth research reports covering 244+ companies & 21+ sectors in a single click. The featured reports are published daily, weekly and monthly.
Advice cross asset classes
You can set your trades in action instantly with advice available at all times, across segments.
Integrated Portfolio Health Check and Review Tools
The integrated portfolio restructuring report will help you review and restructure your portfolio instantly. It gives you a smart one view of your holdings across Equity & Mutual Funds along with integrated research views on each stock. It also has model portfolios and benchmark comparisons to help you make instant investment decisions.
Trade Guide Signal
Trade guide Signal is a new generation trend-guiding tool that generates buy/sell ideas automatically, based on pre-defined technical rules. You will also be notified via SMS when the Entry/Exit signal is generated so that you never miss an opportunity.
Derivative Chain
You can get quotes for derivative prices, listing for F&O strike prices along with premiums for a given expiry. You will also get access to the desired Contract Option chains easily and more specific to your needs!
Know more about what goes into making the best trading software:
Option Writer
The Option Writer will help you with instant analysis so that you know if you need to write options or not. It can detect trends and help you in strike selection; just what is required to be the best trading software.
You have the option to choose writing preferences like Call/ Put, Writing Aggression, Expiry
You can choose exposure to write the option against (DP Holding, Futures, Long Options, All)
You can write without exposure by creating a Watch List
You can manage risk using spreads
And it’s easy to use - select and execute all the ideas in a single click
Option dCoder
Option dCoder is a vital tool in management of your options portfolio and a feature that the best trading software must have.
It dynamically monitors and manages Option Portfolio like Pro-Option Trader
The tool not only decodes your payoff at different price levels and volatility but also provides risk assessment and management through parameters like market volatility, delta, theta, vega, and gamma.
It lets you check your PnL for the present day and for the nearest expiry
It lets you alter (add/ reduce positions) the Option Portfolio to view your desired pay-off
It guides you in choosing the alterations based on 4 magic numbers (Greeks dCoded)
And the final altercations can be executed in just one click!
Portfolio Optimizer
Portfolio Optimizer is a high-speed product in the Orion Lite Trading terminal that aids the user real time with an optimized view on the portfolio. So sign up for Orion Lite, the best trading software.
Related Articles: The Truth about Future and Options Trading | Intraday Trading Explained: Best Intraday Trading Tips | 7 Best Bearish Futures and Options Trading Strategies
Popular Stocks: ONGC Share Price | SBI Life Share Price | UPL Share Price | TCS Share Price | Titan Share Price