How to add scripts in watchlist

We will learn How to Add watchlist and what are the common mistakes made during order execution and how to solve it.

When you add a script in Algofox watchlist, you need to define following parameters


  1. Terminal Symbol : This is the script in which you want to place orders.
  2. Chart symbol : This is the name of the script in your trading platform like Amibroker,MT4,MT5,Trading view etc. which connects with Terminal symbol
  3. Qty Type : Here you can select how do you want to select quantity for order placement. In Algofox you have multiple ways to select Quantity like Fixed Quantity, Quantity via Exposure, Quantity via SL etc.                  
  4. Qty Multiplier : Here you can select the multiple to be used while placing orders. (For normal orders keep multiple =1)
  5. Product type : Choose whether to place NRML/MIS/CNC/CO order here.
  6. Entry order : Choose whether to place Limit/Market/SLL/SLM order for Buy/Short here. 
  7. Exit Order : Choose whether to place Limit/Market/SLL/SLM order for sell/cover here
  8. Max Profit : Define the profit at which you want to close your position.
  9. Max Loss : Define the loss at which you want to close your position
  10.  Strategy : Give your strategy a tag which can be used for analysis.

You can Individually add scripts by clicking on + button at bottom right corner or alternatively even upload the entire watchlist in CSV format. Make sure you fill the details in right format else the platform will not accept the symbols uploaded.

To learn in detail about Algofox watchlist and its complete set of features watch this video here 


Kushal Jain

CO-FOUNDER AlgoFox

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