SIDVIK ALGO

INSTALLATION GUIDE
 HELLO!
Welcome to SIDVIK

This document will guide you to complete installation of SIDVIK Algo

software & perform all necessary settings.

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 IMPORTANT POINTS TO NOTE BEFORE THE
INSTALLATION

➢ YOUR PROFIT OR LOSS DOESN’T DEPENDS ON SIDVIK ALGO BUT DEPENDS ON THE
STRATEGY/SCANNER WHICH YOU HAVE DEPLOYED AND SIDVIK TEAM IS NOT RESPONSIBLE FOR
ANY OF YOUR PROFITS/LOSSES. PLEASE PROCEED WITH THE INSTALLATION IF AND ONLY IF, YOU
AGREE TO THE ABOVE STATEMENT AND UNDERSTAND THE RISK INVOLVED IN STOCK MARKET
TRADING.
➢ The application currently works on only Windows 10 and higher systems
➢ This installation takes around 15-20mins (one time) and is self explanatory
➢ Chartink Email ID should be Gmail. Please make sure that your current Email linked to Chartink is
Gmail ID only
➢ If you have any other Email ID linked to Chartink, it is recommended to register a new account with
Chartink using Gmail ID
3
 STEPS TO FOLLOW

▰ BROKER SETTINGS [ZERODHA / ANGEL ONE]

▰ GMAIL SETTINGS
▰ CHARTINK SETTINGS
▰ SIDVIK SOFTWARE INTALLATION & SETTINGS

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1
ZERODHA SETTINGS

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KITE CONNECT DETAILS
GO TO KITE.TRADE LINK AND CLICK ON SIGNUP

✓ Do this only if you

haven’t activated
APIs anytime in
the past. If you
already have the
APIs active, then
skip to slide 17.

✓ Click on Sign up

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KITE CONNECT DETAILS

✓ Enter your email id which is

linked to your Zerodha account

✓ Type in your name

✓ Type in the new password and

repeat (This can be different
from that of Zerodha)

✓ Enter your phone number which

is linked to your Zerodha
account

✓ Enter your State of Residence

✓ Select on Agree to the above

Terms and Sign Up

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KITE CONNECT DETAILS

✓Click on Billing

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KITE CONNECT DETAILS

✓Click on Connect using

Kite

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KITE CONNECT DETAILS

✓Login with your Zerodha

credentials

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KITE CONNECT DETAILS

✓Click on Authorize

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KITE CONNECT DETAILS

✓Click on Add credits

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KITE CONNECT DETAILS

✓Type in I UNDERSTAND and

click OK

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KITE CONNECT DETAILS

✓Click on Create New app

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KITE CONNECT DETAILS

✓Enter your name as App

Name

✓Enter your Zerodha ID

✓Type in https://google.co.in

✓Click Create

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KITE CONNECT DETAILS

✓Click on the App which you

created

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KITE CONNECT DETAILS

✓Copy API key and API Secret

Key to a Notepad (These will
be used at a later step)

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2
GMAIL SETTINGS
(This Gmail ID should be the one which
is connected to Chartink)
 GMAIL SETTING DETAILS

✓Click on Settings

✓Click on See all settings

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GMAIL SETTING DETAILS

✓Click on Forwarding and POP/IMAP

✓Make sure IMAP is enabled

✓Make sure Auto-Expunge is

enabled
✓Make sure Folder size limits is
Do not limit

✓Click on Save Changes

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GMAIL SETTING DETAILS

✓ Search for Gmail less secure

apps link

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GMAIL SETTING DETAILS

✓ Click on Allow less secure

apps: ON

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 3
INSTALLATION SETUP
Download the Installation Setup (zip folder) to
your local drive from the download link
 INSTALLATION SETUP

✓ There are 4 different software and a common Installation Guide document.

1. Sidvik Equity CO Intraday (Cover Order)
2. Sidvik Equity Intraday (MIS) and POSITIONAL (CNC)
3. Sidvik Index Options
4. Sidvik Stock Options

✓ Download the software which you want to use

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INSTALLATION SETUP

✓ Once the download of the files is

done, Right click and Extract the zip
file

✓ NOTE: If you have any issues in

extracting, use 7-Zip extractor

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INSTALLATION SETUP

✓ The folder looks something like this

✓ Double Click on Sidvik.exe (You can

create a shortcut on your desktop
too for frequent usage)

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3.1
Settings for Sidvik Equity CO
Intraday (Cover Order)
INSTALLATION SETUP

✓ This window opens

✓ Click on Details and Broker Details

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INSTALLATION SETUP (Broker Details)

✓ Enter API Key details from slide 17

✓ Enter API Secret details from slide 17
✓ Enter your Zerodha User ID
✓ Enter your Zerodha Password
✓ Enter your Zerodha Pin
✓ Enter your Gmail ID connected to your Chartink
✓ Enter your Gmail Password

✓ Click on Submit
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INSTALLATION SETUP

✓ Click on Parameters

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INSTALLATION SETUP (Parameters Tab)

✓ Enter the Entry Time at what time you want to start the Algo
✓ Enter the Last Entry Time for the Algo to enter the Trade
✓ Enter the Universal Square Off Time to close all your Active
Trades
✓ Enter the Capital you want to allot to each of your trades
✓ Enter the Target percentage for the stop to exit
✓ Enter the Stop Loss percentage for the stop to exit
✓ Enter the Maximum Open Positions you want to open at a time
✓ Enter the Maximum Profit for the day at which the Algo
squares off all the position and closes the day
✓ Enter the Maximum Loss for the day at which the Algo
squares off all the position and closes the day
✓ Submit
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INSTALLATION SETUP

✓ Click on Algo and the application starts

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3.2
Settings for Sidvik Equity
Intraday (MIS) and
POSITIONAL
SIDVIK PARAMETERS

✓ Enter API Key details from slide 17

✓ Enter API Secret details from slide 17
✓ Enter your Zerodha User ID
✓ Enter your Zerodha Password
✓ Enter your Zerodha Pin
✓ Enter your Gmail ID connected to Chartink
✓ Enter your Gmail Password

✓ Click on Submit 34
SIDVIK PARAMETERS

✓ Once the application is open, there will be

different sections in the dashboard
Messages / POSITIONS
Order Parameters
Trade Parameters
Log

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 SIDVIK PARAMETERS

Order Parameters

✓ Enter the Entry Time at what time ✓ Enter the Intraday Square
you want to start the Algo Off Time to close all your
Active Trades
✓ Select the Product type, Intraday or
✓ Select the Mode of Trading,
Delivery (MIS/CNC)
LIVE or Paper Trading
✓ Select the Order Type, LIMIT or
MARKET order ✓ For LIMIT orders, the order
will cancel if not executed
✓ Enter the Capital Per Order you in X minutes
want to allot to each of your trades
✓ Once the Trade is running
on a stock, do you want to
take the same stock again?

NOTE: Make sure to click Update Parameters once you have done all the changes here before 36
moving to Trade Parameters
 SIDVIK PARAMETERS

Trade Parameters

✓ Enter the Max Profit (In Rupees) for ✓ Enter the Max Loss (In
the system to exit automatically Rupees) for the system to
exit automatically
✓ Select the Target Percent per Stock ✓ Select the Stop Loss Percent
per Stock
✓ For Trailing Stop, the percentage
after the entry when you want to ✓ For Trailing Stop, the
start trailing percentage shift of the
Stop loss
✓ The overall max no of active
positions to be running at a time

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NOTE: Make sure to click Update Parameters once you have done all the changes
 SIDVIK PARAMETERS

Start/Stop/Exit Parameters

✓ Clicking Exit, will close all the

✓ Click on Start will start the Algo open positions and Algo will
close automatically. There
wont be any open positions

✓ Click on Stop will stop taking the new positions & also will stop managing existing trades. This wont close the
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running positions. However, these positions need to be managed manually.
 SIDVIK PARAMETERS

✓ Running Trades will be shown ✓ You can modify the Target and
here Stop Loss of the Trades by
clicking here

✓ Each and every activity of the

System will be captured here
in the Log section

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3.3
Settings for Sidvik Index
Options
INSTALLATION SETUP

✓ This window opens

✓ Click on Details and Broker Details

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INSTALLATION SETUP (Broker Details)

✓ Enter API Key details from slide 17

✓ Enter API Secret details from slide 17
✓ Enter your Zerodha User ID
✓ Enter your Zerodha Password
✓ Enter your Zerodha Pin
✓ Enter your Gmail ID connected to your Chartink
✓ Enter your Gmail Password

✓ Click on Submit
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INSTALLATION SETUP

✓ Click on Parameters

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INSTALLATION SETUP (Parameters Tab)

✓ Enter the Entry Time at what time you want to start the Algo
✓ Enter the Last Entry Time for the Algo to enter the Trade
✓ Enter the Universal Square Off Time to close all your Active
Trades
✓ Enter the Capital you want to allot to each of your trades
✓ Enter the Target percentage for the stop to exit
✓ Enter the Stop Loss percentage for the stop to exit
✓ Enter the Maximum Open Positions you want to open at a time
✓ Enter the Maximum Profit for the day at which the Algo
squares off all the position and closes the day
✓ Enter the Maximum Loss for the day at which the Algo
squares off all the position and closes the day
✓ Submit
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INSTALLATION SETUP

✓ Click on Algo and the application starts

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3.4
Settings for Sidvik Stock
Options
INSTALLATION SETUP

✓ This window opens

✓ Click on Details and Broker Details

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INSTALLATION SETUP (Broker Details)

✓ Enter API Key details from slide 17

✓ Enter API Secret details from slide 17
✓ Enter your Zerodha User ID
✓ Enter your Zerodha Password
✓ Enter your Zerodha Pin
✓ Enter your Gmail ID connected to your Chartink
✓ Enter your Gmail Password

✓ Click on Submit
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INSTALLATION SETUP

✓ Click on Parameters

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INSTALLATION SETUP (Parameters Tab)

✓ Enter the Entry Time at what time you want to start the Algo
✓ Enter the Last Entry Time for the Algo to enter the Trade
✓ Enter the Universal Square Off Time to close all your Active
Trades
✓ Enter the Capital you want to allot to each of your trades
✓ Enter the Target percentage for the stop to exit
✓ Enter the Stop Loss percentage for the stop to exit
✓ Enter the Maximum Open Positions you want to open at a time
✓ Enter the Maximum Profit for the day at which the Algo
squares off all the position and closes the day
✓ Enter the Maximum Loss for the day at which the Algo
squares off all the position and closes the day
✓ Submit
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INSTALLATION SETUP

✓ Click on Algo and the application starts

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4
STARTING ALGO
STARTING ALGO

✓ Clicking on Details Algo will start the

application

✓ NOTE: If you see any VCRuntime error

then please refer slide no 47

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STARTING ALGO

✓ The system will start Auto logging in as you click

on Algo.
✓ For the first time, you need to click on Authorize
button as soon as it comes, without much delay.
✓ If there is a delay in clicking on Authorize, the
API generation gets failed and we need to repeat
the process till it gets completed successfully
(This is one time process which is to be done
during the installation and once it is successful
this is not to be repeated)

✓ Click on Authorize
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5
SYSTEM SETTINGS
SYSTEM SETTINGS

✓ Make sure you select all the Power &

sleep options on your system to Never

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6
CHARTINK NAMING
CONVENTION
 If you haven’t subscribed yet to
Chartink, you can subscribe it through
https://chartink.com/

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CHARTINK NAMING CONVENTION

➢ As you already know that Sidvik Algo is based

on your Chartink Website and hence you need
to maintain the uniformity in:
✓ Scanner Name
✓ Scanner Alert

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 CHARTINK NAMING CONVENTION

➢ Scanner Name & Scanner Alert Should Start with different name for different tools of Sidvik Algo:

✓ STG1 Buy - Intraday Equity Buy (Cover Order)

✓ STG1 Sell - Intraday Equity Sell (Cover Order)

✓ STG2 Buy - Intraday Index Options (Nifty/BankNifty) Buy CE

✓ STG2 Sell - Intraday Index Options (Nifty/BankNifty) Buy PE

✓ STG3 Buy - Intraday Stock Options Buy CE

✓ STG3 Sell - Intraday Stock Options Buy PE

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 CHARTINK NAMING CONVENTION

➢ Scanner Name & Scanner Alert Should Start with different name for different tools of Sidvik
Algo:

✓ STG4 Buy Entry - Intraday/Delivery Equity Buy for Entry Condition --- Buy Trades will be entered upon this screener
✓ STG4 Sell Exit - Intraday/Delivery Equity Buy for Exit Condition --- Buy Trades will be exited upon this screener

✓ STG4 Sell Entry - Intraday/Delivery Equity Buy for Entry Condition --- Sell Trades will be entered upon this screener
✓ STG4 Buy Exit - Intraday/Delivery Equity Buy for Exit Condition --- Sell Trades will be exited upon this screener

✓ (No selling in Delivery(CNC))

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 CHARTINK NAMING CONVENTION

➢ For Ex: If you have a scanner already with you, you can rename that per the below procedure:

Submit
Click on the Scanner which you
want to attach to Algo: Click on Save Scan: Add prefix to the Screener as:
STG1 Buy for Buying, STG1 Sell for Selling

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 CHARTINK NAMING CONVENTION

Make suer this is set as Email always

Save Alert

Now click on Create Alert/Modify Remove Alert for The Alert Now should look something
Alert like above

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6.1
CONFIRMATION
TO CHECK IF THE CHARTINK NAMING
CONVENTION IS RIGHT
CHARTINK NAMING CONVENTION

✓ Go to Premium
Tab

✓ Click on Alerts

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 CHARTINK NAMING CONVENTION

✓ Ideally, your Alert sections should see something like below in Name and Scan both, starting with STG1 Buy for
the Algo to identify the Scanner and Alert

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For any of your questions/queries/help,
please reach out to us on the Email ID
[email protected]

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 THANKS!
You are done with successful installation.

The next slides are for the errors if anyone is facing, if you are
done with the installation, then no need to continue with the
presentation
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