Introducing: DhanHQ Algos - Choose, Deploy & Monitor Expert Built Algo Strategies on the Go!

Product Announcements 🔈
1

Hello Everyone,

Algo Trading has been popular in the Indian trading community for a long time now. Once a domain exclusive to institutions, algorithmic trading has quietly transformed India’s markets over the last decade via APIs and integrations with Broking platforms. High-frequency systems, complex strategies, and fast-moving data flows shaped the early years, mostly hidden behind trading desks and proprietary setups.

But times are changing and fast. With SEBI and exchanges paving the way for safer and more structured participation, and algorithms becoming more accessible than ever, algo trading has now found its place in the hands of retail traders.

At Dhan, we’ve seen this transformation up close. From a few users building custom setups with DhanHQ APIs to the introduction of Sandbox Environments and rate-limit-free APIs - retail algo trading is not just a trend, it’s becoming a mainstream strategy.

Today 55% of cash market turnover is done via algorithmic trading. This primarily includes all the large institutions, which deploy large amounts of capital on their models. With the increasing adoption of algos amongst retail traders and their growing contribution, this is set to grow further. And we know that algos are the upcoming way for retailers to trade in the market at large.

With this belief, we are today introducing DhanHQ Algos.

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What is DhanHQ Algos?

DhanHQ Algos is designed to make algo trading simple. It is for anyone and everyone - they can choose from a list of readymade algos, subscribe to the algo and deploy it in their account.

It removes all complexities from the setup of algo trading, making it seamless to even run multiple algos in a single account. We are curating the list of algos across segments, including equity, futures, and options across exchanges and segments. With DhanHQ Algos, the goal is to democratize algo trading for everyone, making it accessible to everyone who is interested in markets.

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On DhanHQ Algos, we are working with a curated list of partners. These partners have designed algos that are tested across market cycles. All DhanHQ Algos that run for your account are hosted on Dhan servers, ensuring DEXT execution speeds are extended for algos with reliable uptime. While the performance of algos depends on multiple factors, including the logics, alpha and market conditions, we have ensured your account is always ready to execute algos in the market.

We have built the entire experience keeping in mind the simplicity of subscribing and deploying any algo in your Dhan account. We understand how algos can make trading easy for everyone in the market, and this is our first step in that direction, getting expert-curated algos for you.

Before choosing an algo, you can read what the algo is about, and how it has been curated. There is a range of partners that we are working very closely with to stitch together this ecosystem. You will soon be hearing about all these partners here, in the community.

You can explore all the available algos here: Discover Popular Algo Trading Strategies | DhanHQ

As always - Dhan will continue to improve its DhanHQ Algo platforms with your suggestions and also stay in tune with the ever evolving regulatory framework around it.

So stay tuned. Also, do let us know your feedback about how we can make finding algos that suit your strategy easier and what metrics you would like to track about its performance.

Happy Algo Trading!

@trust_level_0 @trust_level_1

8 Likes
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@Hardik These are predefined Algos from Stratzy for which we have to pay and subscribe to it before use. Seems DhanHq is just a wrapper which will integrate many such Algo Managers. How can I create my own Algo, backtest and deploy it?

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Hey @nitishbangera

Yes, for now we have strategies by Stratzy, which are easy to deploy. We will have more coming here soon.

You can use any of our partner platforms which already offers this. Maybe some of the community members can tell about their recommendation on platforms.

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can you please tell me if have all holding mutual fund in zerodha and i want to transfer those demat holding here and both are cdsl so can i do so and can i use those holding for applying algo via stratgy

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Backtest data is very limited. Less than a year of data cannot invoke enough confidence. Any plans to add more historical data for backtesting these algos more reliably ?

1 Like
8

If Dhan has launched Dhan Algos, why not provide the mechanism directly in the product instead of routing it to partners?

2 Likes
9

This :+1:

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Hey @t7support,

Yes, we are planning to add this further with algo journey. We want to ensure we are providing the data which is close to actual market performance - removing any statistical bias from the data.

While something is always in works at Dhan, the current focus is how to make algo trading accessible as a ready-to-deploy for any user. When it comes to creating your own algos, we are constantly working on making our APIs more developer friendly each day. If you are looking for a no-code tool, that is readily available across such partner platforms.

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The current product i.e. Dhan Algos is very similar to “smallcase” and “Copy trading”. It’s not giving access to Algos as the Algos are hidden with the partner and if there are changes, the partner needs to make them.

I do not want to comment on the developer friendliness of the rest APIs as I do not use Dhan APIs and I would also like to mention that providing APIs is not the same as the feature of Algos.

The main point is Dhan internally has tools to convert into an Algo. For eg:- A Technical Indicator Price crossing up/down VWAP or EMA or SMA, instead of alerting, provide a mechanism to execute an order. The order can be ATM or ATM +/- X which is already there in the Quant Mode feature or a Limit order for Delivery or Intraday.

1 Like
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Doesn’t look like. If not actual strategy, atleast day-wise trade details and other critical info is missing. The existing backtest results are actually of no help. Transparency and clarity is missing. It is vital to provide as much details as possible.

I understand that to sell the product, backend rules cannot be shared. Thought the essential data is not shared.

Also the algo categorisation is done poorly. For an example, Equity Intraday Algos doesn’t have any intraday algos.
Edit: Same was highlighted in the month of August.

I don’t want to sound rude, but as always, Dhan launches new products/features in hurry without optimization.

1 Like
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@Dhan @Hardik The main question is how can we validate the backtest results if we do not know what the strategy is and how it syncs with the charts? As the risk is entirely on the subscriber, a clear backtest result with details on the legs the strategy has chosen and their link to the underlying chart is an absolute must. Even if the strategy’s leg selection is hidden, the clear display of the legs in the algo is needed to show confidence as the risk is always on the subscriber.

1 Like
15

Can someone from @Dhan answer my previous question which deals with the credibility of the backtest shown on the Algos. Backtests should be clear and transparent.

1 Like
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@Hardik
I subscribed to data api for one month to get LTP. Only after working for 2 days, it stopped and now it is returning.
HTTP Response Code: 400
Full Raw Response Body:
{“data”:{“814”:“Invalid Request”},“status”:“failed”}

It is returning above error since 30th Oct’25 and no one is helping to reslove the issue. It seems the my account code is blocked at data api server whereas access token is working successfully for trading working like buy, sell etc.

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Thank You @Trishul_Devadiga ,
With your help I identified the issue.
I was using const payload = { “NSE_EQ”: [“1333”] };
Correct version is const payload = { “NSE_EQ”: [1333] };
Security ID should be in number.