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QuanteX, algorithmic execution

A SIP that averages by price, not by the calendar

What if you could approach equity investing with a defined strategy instead of relying on market guesses?
Quantex is Yukti's systematic cash-market delivery-based algo platform, designed around predefined price levels and disciplined buying and selling rules.

QuanteX runs on your own trading account through the broker API gateway. Automated execution is not a forecast, and averaging into a falling stock increases your exposure to it.

QuanteX at a glanceWhat the platform is, in the terms a compliance filing uses
Segment
Equity cashNSE and BSE. Listed stocks only, chosen entirely by you.
Algo classification
White boxThe full logic is disclosed and the matrix is shown before activation.
Strategy category
Predefined execution algoIt executes a plan you configured. It does not form a view.
Frame types
FiveBasic, Smart, Progressive, Dynamic and Optimized.
Order routing
Broker API gatewayThrough the broker OMS and RMS, like any other order.
Authorisation
A 4-digit Security PINRequired to lock a frame and again to activate it.
Brokerage
₹20 per executed orderA frame places many orders, so order count is the cost that matters.

Frame behaviour is governed by the parameters you set at creation and by the strategy logic disclosed in the platform's approved white-box write-up. Available frame types, input fields, alert thresholds and platform features are enhanced from time to time. The platform itself, the strategy documentation and your contract note are the authoritative record, and nothing on this page is a recommendation to trade any stock.

Start here

Four ideas the whole platform is built on

QuanteX is deliberately simple to describe, and that is the point. If a strategy cannot be written out as a table of prices before it runs, it cannot be checked before it runs.

A SIP averages by time. This averages by price.

A systematic investment plan buys on a date whatever the price happens to be. A systematic withdrawal plan sells on a date for the same reason. QuanteX takes the same two ideas and attaches them to price instead: it adds to the position at every step down you defined, and sells the matching lot at every step up.

Consequence: the calendar stops deciding when you act, and a table of prices you wrote in advance decides instead.

A Frame is the whole plan, written down

At creation the platform calculates every buy level, every matching sell level, the quantity at each step, the money each step consumes and the running average, and shows you all of it as a table. Nothing is discovered later. You can change the inputs and regenerate the table as many times as you like before committing to it.

Consequence: the worst case is visible before the first order, because the last row of the table is the worst case.

White box, not black box

There is no model to trust and no signal to take on faith. The logic is arithmetic on the numbers you supplied, it is disclosed in full in the strategy documentation filed for the platform, and it produces the same table every time from the same inputs. You can reproduce it on paper if you want to.

Consequence: if the table looks wrong, the inputs are wrong. There is nowhere else for a surprise to come from.

It never sells what it has not bought

A sell order is placed only against a quantity the frame has actually acquired at the corresponding buy level. If the holding for a frame is exhausted, the frame stops placing sell orders altogether. There is no short selling, no naked position and no leverage anywhere in the design.

Consequence: the money at risk in a frame is bounded by the investment amount you configured for it, and nothing else.

The mechanism

A ladder of prices, built before anything is bought

You give the platform an entry price, how far down you are willing to keep buying, how big a step is, and how much money the whole plan may use. It turns that into a ladder, and then it simply watches the price walk up and down it.

How buy and sell levels are paired on a QuanteX frameA horizontal price scale runs from the lower range on the left to the upper range on the right, with the entry price marked toward the right. Below the scale sit the buy levels, spaced one step apart going down in price from the entry price toward the lower range. Above the scale sit the matching sell levels, each one placed a sell step above its own buy level.Sell levels, each one step above its own buyS1S2S3S4S5Lower rangeUpper rangeEntry priceB1B2B3B4B5Buy levels, one step apart, going down from the entry pricePrice falls this way, and each buy level fills in turn.Price recovers this way, and each sell fills only if its own buy filled first.Diagram is schematic. The number of steps, the gap between them and the quantity at each one all come from your own inputs.

Buy levels, below the entry priceMatching sell levelsOne buy, one sell, paired for the life of the frame.

A step is a percentage or a rupee amount

You choose which. A step expressed in percent keeps the spacing proportional as the price falls, which is usually what you want on a volatile stock. A step expressed as a fixed rupee amount keeps the ladder evenly spaced. The buy step and the sell step are set separately, and they do not have to match.

In practice: a wider sell step than buy step means each round trip aims for more, and completes less often.

The range decides how far the plan can go

The lower range is the price below which the frame stops adding. It is the single most important number you enter, because it determines how many steps exist, how much of your investment amount the plan can actually consume, and what your average price becomes if every step fills.

In practice: a lower range far below the entry price means more steps, a lower eventual average, and more money committed to being wrong.

The same ladder is walked in both directions

The frame does not wait for the bottom. Each time the price crosses a buy level going down it acquires that step's quantity, and each time it crosses the matching sell level going up it releases exactly that quantity again. A stock that oscillates within the range completes the same rungs repeatedly.

In practice: a stock that falls through the whole range and stays there leaves you holding every step, which is the outcome the last row of the preview shows you.

Choose the behaviour

Five frames, and the difference is quantity, not direction

All five build the same kind of price ladder. What separates them is how much they buy at each rung, when the first rung is taken, and whether they start from zero or from something you already hold.

Basic Frame

The whole ladder, at a fixed quantity

The plainest version. At entry it takes every step between the entry price and the upper range, and from then on it buys a further fixed quantity at each step down and sells the same quantity back at each matching step up, until the plan is stopped or its target is reached.

  • The quantity at every rung is the same, so the arithmetic of the ladder is easy to hold in your head.
  • Because it fills the steps up to the upper range at entry, the position starts larger than in the other frames.
  • It keeps buying and selling along the same ladder for as long as it runs, rather than aiming at a single round trip.
Quantity per stepFixed at every step
At entry itTakes all steps up to the upper range
Extra inputsNone beyond the common fields
Suited toA first frame, and for understanding the mechanism

What to think about

  • How wide the range is, since that sets the number of steps
  • Whether a fixed quantity suits a stock whose price moves a lot
  • The money the whole ladder needs if every step fills
  • The order count, because every rung is a flat fee
Where people get caught

Filling the steps up to the upper range at entry means the frame commits real money on day one, before the price has done anything at all. That is by design, and it is not what people expect from something described as an averaging strategy.

All five frames are classified as white box, predefined execution algorithms for the equity cash segment, and all of them route orders through the broker API gateway and the broker's own order and risk management systems. Frame behaviour, available inputs and platform features are enhanced from time to time; the platform and the strategy documentation are the authoritative description. Nothing here recommends a frame type, a stock or a set of parameters.

Preview Steps, on this page

Build the ladder and see the last row before you commit

This is the same idea as the Preview Steps screen inside QuanteX, running entirely in your browser on figures you type in. It knows no stock, fetches no price and places no order. What it does show you is the number every plan of this kind lives or dies by: what you own, and at what average, if the price goes all the way down your range.

Every figure below is yours. No price is fetched and no stock is named, because the platform does not recommend a scrip and neither does this page. Inside QuanteX the same table is generated against the live price of the stock you selected, along with the step-by-step charges and taxes and the day's price range, and you can still change the inputs and regenerate it until you lock the frame.

How to read this. Fixed quantity is how a Basic or Smart frame behaves: the same number of shares at every rung. Increasing quantity is how a Progressive or Dynamic frame behaves: a base quantity that grows by your increment percentage at each successive step, so more shares are acquired lower down. Switch between the two tabs with the same inputs and watch what happens to the average and to the money required.

Money required if every step fills₹2.15 LA ladder of 12 steps from 1,000.00 down to 800.73, which is 19.9% below the entry price. Filling all of it takes ₹2.15 L and leaves you holding 240 shares at an average of 897.01.
Steps in the ladder12
Shares held at the bottom240 shares
Average price at the bottom₹897.01
Unrealised loss there, before charges- ₹23,108

The loss figure assumes the price sits at your lower range with every step filled and nothing sold back. It excludes brokerage, statutory charges and any gains already booked on completed round trips.

The generated ladder, at a fixed quantity

12 steps, covering a 19.9% fall
Step by step buy levels, matching sell levels, quantities, cumulative holding, cumulative investment and running average price
StepBuy atSell atQtyCost of stepShares heldInvestedAverageIf this sell fills
11,000.001,030.0020₹20,00020₹20,0001,000.00+ ₹600
2980.001,009.4020₹19,60040₹39,600990.00+ ₹588
3960.40989.2120₹19,20860₹58,808980.13+ ₹576
4941.19969.4320₹18,82480₹77,632970.40+ ₹565
5922.37950.0420₹18,447100₹96,079960.79+ ₹553
6903.92931.0420₹18,078120₹1,14,158951.31+ ₹542
7885.84912.4220₹17,717140₹1,31,874941.96+ ₹532
8868.13894.1720₹17,363160₹1,49,237932.73+ ₹521
9850.76876.2920₹17,015180₹1,66,252923.62+ ₹510
10833.75858.7620₹16,675200₹1,82,927914.64+ ₹500
11817.07841.5820₹16,341220₹1,99,269905.77+ ₹490
12800.73824.7520₹16,015240₹2,15,283897.01+ ₹480
Read the last row, not the first. The top of this table is the comfortable part. The bottom row is what you own, and what you have paid on average, if the stock simply keeps falling through your whole range. If that number is larger than you would willingly commit to one company, the range is too wide or the quantity is too high, and the time to find that out is now rather than three weeks in.

Levels are computed from your entry price by compounding the buy step downward until the lower range is reached, and each sell level is the sell step above its own buy level. The ladder is capped at 30 steps here for readability. This is arithmetic on figures you supplied; it is not a quotation, not a backtest and not a projection, and it takes no account of the spread, of partial fills or of whether the stock trades at those levels at all.

Count the orders as well as the rupees. Every rung in that table is an executed order when it fills, and every completed round trip is two of them. Brokerage is a flat ₹20 per executed order, so a ladder of twenty steps that completes twice over is eighty orders and the flat fee is a real line in the result. Inside QuanteX the preview shows the step-by-step charges and taxes alongside the levels, and it is worth reading that column before deciding how finely to space the ladder.

From configuration to exit

Seven stages, and two of them ask for your PIN

Nothing moves from one stage to the next on its own. A frame sits inert until a person reviews it, locks it and then separately activates it.

ConfigureCreate Frame

Choose the stock, the total investment the frame may use, the buy and sell step in percent or in rupees, the start date, the entry price and the upper and lower range, an indicative stop loss, and the Config Set that carries the broker connection. Progressive and Dynamic frames add a base quantity and an increment percentage; Optimized frames instead ask what you already hold and at what average.

Preview StepsBefore anything is committed

The platform generates the full matrix: every step, its buy and sell level, the quantity, the money each step consumes, the running holding, the running average, the gross on each round trip and the step-by-step charges and taxes. The day's price range for the stock is shown alongside. You can change any input and regenerate the table as often as you like.

Lock the frameSecurity PIN required

Once the plan is what you want, locking it fixes the matrix. This is the first of the two points at which your 4-digit Security PIN is asked for, and it exists so that a frame cannot be committed by anyone who merely has your session open.

ActivateSecurity PIN required again

A locked frame is still doing nothing. Starting it from the Action menu in My Frames, with the PIN entered a second time, moves the status to Active. From that point the platform monitors the live price of that stock continuously and places orders as the configured levels are reached.

Live executionFor as long as it runs

Buy orders are placed as the price steps down through the ladder, and sell orders as it recovers through the matching levels, each sell only against the quantity its own buy acquired. Everything is visible in View Steps, order by order, with the executed price and time against each rung.

Intervene, if you choose toAt any moment

Pause halts new automated placement and cancels the open orders while leaving what you hold untouched. Escape liquidates the frame's holding at a sell limit you specify and moves it to Pause. Re-Enter restarts a paused frame from a buy price you name. Special Buy and Special Sell place one-off manual orders at market or at a limit, outside the ladder, and are shown separately from the automated ones.

ExitPermanent

Exit stops the frame for good: all automated activity ceases, every open order is cancelled and the frame's held positions are liquidated. It is the end of that frame rather than a pause on it, and a new frame is created from scratch if you want to start again.

Layer one

The controls that sit inside the platform

These are the safeguards QuanteX itself enforces, set out in the strategy documentation filed for the platform. They are described here exactly as they work, including the one that does not exist.

A hard cap per frame

The total exposure a frame can build is bounded by the investment amount you set at creation, and the ladder is generated to fit inside it. No position size is ever derived from volatility, from account equity or from anything the platform decides for itself.

Consequence: the most a single frame can commit is a number you chose and can read off the preview.

Two PIN checks, not one

A system-generated 4-digit Security PIN, issued to you by e-mail at registration, is required to lock a frame and required again to activate it. Sensitive frame actions carry the same check. It is separate from your login password and can be changed from the settings screen.

Consequence: an open browser session on its own is not enough to commit money to a frame.

Two kill switches and an emergency exit

Pause stops new placement and cancels open orders immediately while leaving your holding alone. Exit stops the frame permanently, cancels everything open and liquidates what it holds. Escape is the emergency version: it sells the frame's entire holding at a limit you name, independently of the ladder, and drops the frame to Pause.

Consequence: there is always a way out that does not wait for the next rung to be reached.

There is no automatic loss circuit breaker

This is worth stating plainly rather than burying. The stop-loss amount you enter at creation is an indicative figure; the platform does not carry an automated loss limit that halts a frame on its own, and it does not have a volatility-triggered breaker. The protections that exist are the investment cap, and Pause, Exit and Escape, all of which need a person to use them.

Consequence: a running frame still needs to be looked at. Automation replaces the clicking, not the watching.

Price band and duplicate checks before the order

Before placing, the platform checks the stock's circuit limits for the day and does not send orders outside them. Duplicate and repeat-order checks run on every placement, and where a duplicate is still generated the system raises an alert rather than passing it through quietly. Order throughput is deliberately held below ten orders per second.

Consequence: the common ways an automated loop does damage are checked for before the order leaves.

What happens if the connection drops

Open limit orders already at the broker stay where they are, and new placement stops. On reconnection the platform fetches the current status of those open orders in case anything changed while it was away, reconciles, and only then resumes normal operation. Broker credentials live in Config Sets, isolated from the application logic, and manual Special orders are always labelled separately from automated ones.

Consequence: a network failure does not leave the frame guessing about what it owns.

Layer two

Everything then passes through the broker's own risk system

QuanteX does not have a private route to the exchange. Every order it generates goes through exactly the same order and risk management systems as an order you type into the app yourself, and those checks are enforced independently of anything in layer one.

No order bypasses the RMS

Whether it came from the web platform, the mobile app or the API, every order passes through the broker's centralised risk and order management systems before it reaches the exchange. There is no path around them, and the platform is not permitted to have one.

Checked on every order: funds and margin, before anything is sent.

Exchange-level limits are enforced on the way through

Orders outside the exchange's daily price band are rejected before execution, orders exceeding the defined freeze quantity are rejected or must be split, and per-client exposure limits are applied according to account category, available margin and product type.

Consequence: a badly configured frame is stopped by the exchange rulebook, not merely by the platform.

Orders are tagged as algorithmic

API orders carry the broker's algo tag so that the flow is traceable to an approved strategy at the exchange. That tagging, and the approval behind it, is what distinguishes a permitted automated strategy from an unapproved one.

Consequence: the activity is attributable after the fact, which is the point of the framework.

A fixed address, and a session that expires

API orders are accepted only from the static IP registered against the API key, and are rejected if the authorisation token has expired or the key has been revoked. Re-authentication happens daily before the market opens, and there are no persistent unattended sessions.

Consequence: a credential that leaks is far less useful to whoever has it.

The broker has a kill switch of its own

Independently of your Pause and Exit controls, the broker can disable API access or halt order flow at the risk management level if activity looks anomalous. It sits outside the platform entirely and cannot be overridden from inside it.

Consequence: there is a stop that does not depend on the platform behaving correctly.

Approved, disclosed and documented

Each frame is filed as a white-box, predefined execution algorithm for the equity cash segment with its logic disclosed in full, and is submitted for exchange approval through the broker before it is available to run. That documentation, rather than any description on a web page, is the authoritative statement of what the strategy does.

Worth knowing: a change to what an approved strategy does is a change to the approved thing, and goes through the same route.

What you actually see

Six screens, and where each one is useful

The platform is deliberately narrow. There are a handful of screens, each answering one question, and none of them require you to interpret a chart.

Dashboard

The single screen view: the broad indices, how many frames are active, notional profit and loss, current against total investment, today's completed and open orders split by side, the order status breakdown, portfolio allocation across ledger balance, used margin, net margin and frames, and the day's orders half hour by half hour.

Use it for: the two-minute check, rather than the detail.

My Frames

Every frame you have created, with the symbol, notional profit and loss, average rate against the last traded price, shares held, the frame's age, the range covered, investment committed, the current alert and the status. The Action menu is where View Steps, Preview, Edit, Start, Pause and Exit live.

Use it for: everything operational. This is the screen that matters day to day.

View Steps

The execution view for one frame: the frame's own details at the top, then every generated level with the buy price, buy quantity, sell price, sell quantity, total bought, total sold and the earnings on each rung, expanding into the individual orders with their exchange identifiers, quantities, prices and timestamps.

Use it for: answering exactly what happened, rung by rung, rather than in aggregate.

Frame Preview

The same matrix generated at creation, available afterwards for a frame that is already running or paused: the symbol, the range, the total and current investment, the entry price, the take profit and indicative stop loss, the buy and sell tick sizes, and the complete step table with the maximum loss stated at the foot of it.

Use it for: reminding yourself what the plan was, before you change your mind about it.

Edit Frame

Where a running frame is managed: take profit, buy step limit, step limit and stop loss, a remark against the frame, the Escape and Re-Enter controls, and the Special Buy and Special Sell actions at current price or at a broker-side limit, by quantity or by percentage.

Use it for: intervening deliberately. Everything here sits outside the automated ladder and is recorded as such.

Config Sets

Where the broker connection is stored: the broker, your client or user identifier, the API key and secret, the market data key and secret, and the authorisation token. A frame points at a Config Set rather than carrying credentials of its own, which keeps trading credentials isolated from the strategy logic.

Use it for: setting up once, and for keeping separate connections genuinely separate.

What the alert column is telling you

Each frame in My Frames carries a status flag. These are observations about where the frame currently sits against its own plan, not instructions and not advice, and the thresholds shown are those in the platform's own legend.

On GoingThe position is running normally within its range.
TP WeeklyCumulative return for the week has reached the first threshold in the legend.
TP-1, TP-2, TP-3Cumulative month-wise return has reached successively higher thresholds.
Near HRThe price is within a few percent of the frame's high range.
Near LRThe price is within a few percent of the frame's low range, where the ladder runs out.
Partial Sell and Small ExitThe frame flags that a partial closure, or a closure at this stage, is worth considering.

Alert labels and their thresholds are defined in the platform's own legend and are revised from time to time; the legend shown inside My Frames is the current one. An alert is a description of the frame's state against the parameters you set. It is not a recommendation to buy, sell or hold anything.

Registration

Six steps to a live account

All of it is done online. The only part worth doing carefully is the last one, because the PIN that arrives is what authorises every frame you will ever run.

Register

From the login page, follow the registration link and enter your name, e-mail, mobile number, address, city, PIN code, state and PAN. A GST number is optional and only relevant if you need one on your invoices.

Verify the e-mail OTP

A one-time password is sent to the address you registered. It confirms the e-mail is yours, which matters because the Security PIN is delivered to the same address a moment later.

Create a password

Set and confirm the password for the account. Use one you do not use anywhere else; it is the credential that opens a platform capable of placing orders on your trading account.

Clear the second factor

A confirmation is sent by SMS to your registered mobile number. The account is activated once the password is submitted and that second factor is completed.

Keep the Security PIN safe

A unique 4-digit PIN is generated automatically and sent to your registered e-mail. It authorises locking and activating frames and every other sensitive frame action, and it can be changed from the settings screen whenever you like.

Create a Config Set, then a frame

Add the broker connection once under Settings, with your client identifier, API and market data keys and the authorisation token. After that, Create Frame, Preview Steps, lock, activate, and the frame is live.

What it costs

Every line, what it is charged on, and who charges it

Rates move with circulars and with the Finance Act, so the table gives you the structure and tells you where the current figure is published. On an automated strategy the number that moves the result is not the rate; it is how many orders the plan generates.

Charges on orders placed by a QuanteX frame, what each is calculated on, and who levies it
Line itemCalculated onLevied byWhere the current rate is published
BrokerageNothing. It is a flat amount per executed order, however small the step was.Yukti₹20 per executed order
Platform subscriptionAccess to QuanteX, charged for the period it is active.YuktiThe published tariff sheet
Securities transaction taxThe traded value, at rates that differ between a delivery purchase, a delivery sale and an intraday sale.GovernmentNotified rate, in the Finance Act
Exchange transaction chargeTurnover, at a rate that differs between the exchanges.NSE or BSEExchange circular, revised periodically
SEBI turnover feeTurnover.SEBISEBI circular
Stamp dutyThe buy side only.StateUniform rates notified under the Stamp Act
Goods and services taxBrokerage plus the transaction and regulatory charges, not the traded value.GovernmentPrevailing GST rate
Depository chargeEach scrip sold from demat on a given day, regardless of quantity.DepositoryThe published tariff sheet
The spread, on every rungThe gap between the best buy and best sell quote each time a step fills. It is never billed and you pay it all the same.The marketVisible in the order book

The Preview Steps screen inside QuanteX shows the buy and sell charges and the tax for each step alongside the levels, and the charges column expands into an item-wise breakup. Your contract note remains the authoritative record of what was actually charged on each trade day.

See the bottom row before you commit the money

The simulator on this page builds the same ladder QuanteX generates and shows what you would hold, and at what average, if the price goes all the way down your range. It takes a minute, it costs nothing, and it is the single most useful thing to do before creating a real frame.

Plain definitions

The QuanteX glossary

Every term you will meet on a configuration screen, in a preview table or in the strategy documentation, defined in one or two sentences. Type to search, or jump by letter.

All 50 terms.

ActivateLifecycle

Starting a locked frame so that it begins monitoring the live price and placing orders. It requires the Security PIN and changes the status to Active.

AlertPlatform

The status flag shown against a frame in My Frames, describing where it currently sits against its own plan. It is an observation, not a recommendation.

Algo taggingCompliance

The broker's mechanism for marking API orders as algorithmic so the flow is traceable to an approved strategy at the exchange.

Authorization tokenConfig

The session credential stored in a Config Set alongside the API keys. An order is rejected if it has expired or the key has been revoked.

Average rateFrame

The weighted average price of everything a frame currently holds. It is recalculated as each rung fills and is shown against the last traded price.

Base quantityInput

The quantity at the first step of a Progressive or Dynamic frame, before the increment percentage is applied to later steps.

Basic FrameFrame

The frame that takes every step up to the upper range at entry and then buys and sells a fixed quantity at each level of the ladder.

Buy stepInput

The gap between one buy level and the next, expressed either as a percentage of price or as a fixed rupee amount.

Buy-up stepsInput

How many steps above the entry price a Smart or Progressive frame buys at the start.

Circuit limitRules

The exchange's daily price band for a stock. The platform checks it before placing and does not send orders outside it.

Client codeAccount

The identifier of the trading account the frame trades on, stored in the Config Set with the broker connection.

Config SetConfig

The stored broker connection: broker, client identifier, API key and secret, market data key and secret, and authorisation token. A frame points at one rather than holding credentials itself.

Dynamic FrameFrame

The frame in which the quantity increases at every generated step rather than only on the way down, accumulating the largest holding of the five.

Entry priceInput

The price from which the ladder is built. Buy levels are generated downward from it and sell levels upward from each buy.

Escape FrameControl

A manual override that liquidates everything the frame currently holds at a sell limit you specify, independently of the ladder, and moves the frame to Pause.

Exit FrameControl

Permanently stopping a frame. All automated activity ceases, every open order is cancelled and the frame's positions are liquidated.

FrameConcept

One configured plan: a stock, an investment amount, and the full matrix of buy and sell price levels calculated from your inputs at creation.

Frame agePlatform

How long a frame has been running, shown in My Frames alongside its investment and its current alert.

Frame PreviewPlatform

The screen showing the generated matrix for an existing frame, with its range, investment, entry price, tick sizes and the maximum loss at the foot.

Freeze quantityRules

The exchange-defined maximum quantity in a single order. Orders above it are rejected or must be split, and the broker RMS enforces this.

Increment percentInput

How much the quantity grows from one step to the next in a Progressive or Dynamic frame.

Indicative stop lossInput

The loss figure entered at frame creation. It is indicative: the platform carries no automated loss limit that halts a frame on its own.

Kill switchControl

A means of stopping order flow. Pause and Exit are yours inside the platform; the broker has its own at the risk management level, outside it.

Last traded priceMarket

The price of the most recent trade in the stock, shown against the frame's average rate so you can see where the position stands.

Lock the frameLifecycle

Fixing the generated matrix so it can no longer be regenerated. It requires the Security PIN and comes before activation, not instead of it.

Lower rangeInput

The price below which the frame stops adding. It decides how many steps exist and what your average becomes if all of them fill.

Market data keyConfig

The separate credential in a Config Set used to retrieve live prices, as distinct from the key used to place orders.

My FramesPlatform

The list of every frame you have created, with its symbol, average, holding, investment, alert and status, and the Action menu for operating it.

Notional profit and lossFrame

The unrealised result on what a frame currently holds, at the present price. It becomes real only when the shares are actually sold.

OMSCompliance

The broker's order management system. Every order passes through it and the risk system before reaching the exchange.

Optimized FrameFrame

The frame built around an existing holding rather than from zero, using the shares and average cost you already have plus an additional allocation.

Orders per secondCompliance

The rate at which a system sends orders. QuanteX deliberately holds this below ten.

Pause FrameControl

Halting new automated placement and cancelling the frame's open orders, while leaving everything it already holds untouched.

Predefined execution algoCompliance

The classification for a strategy that executes a plan configured in advance rather than forming a view of its own. All five frames are classified this way.

Preview StepsLifecycle

Generating the full matrix before committing: every level, quantity, cost, running holding, average, gross and the step-by-step charges. It can be regenerated as often as you like.

Progressive FrameFrame

The frame in which the quantity grows at each successive step down, so more shares are acquired at lower prices.

Re-Enter FrameControl

A manual override that restarts a paused frame from a buy or re-entry price you specify.

RMSCompliance

The broker's risk management system, which checks funds, price bands, freeze quantity and exposure on every order independently of the platform.

Security PINSecurity

The system-generated 4-digit code sent to your registered e-mail, required to lock a frame, to activate it and to authorise sensitive frame actions.

Sell stepInput

The gap above a buy level at which the matching sell is placed. It is configured separately from the buy step and need not match it.

Smart FrameFrame

The frame that starts at the entry price with a configured number of steps above it, then works one step below and one above as the price moves.

Special BuyControl

A manual one-off buy placed inside a frame but outside its ladder, at the current price or at a broker-side limit, by quantity or by percentage.

Special SellControl

The same as a Special Buy, on the sell side. Manual orders are recorded separately from automated frame orders.

Static IPCompliance

The fixed network address registered against the API key. Orders from any other address are not accepted.

StepConcept

One rung of the ladder: a buy level, its matching sell level, and the quantity attached to both.

Take profitFrame

The target figure set against a frame, shown on the preview and editable while the frame is running.

Tick size modeInput

Whether the buy and sell steps are expressed as a percentage of price or as a fixed rupee amount.

Upper rangeInput

The top of the frame's price range. In a Basic frame the steps up to it are taken at entry.

View StepsPlatform

The execution view for one frame: every generated level with its executed buy and sell orders, quantities, prices and timestamps.

White boxCompliance

A strategy whose logic is fully disclosed and reproducible, as opposed to a black box whose workings are not shown. All five frames are white box.

Straight answers

Ten questions people ask before the first frame

If the answer you need is not here, the glossary above and the strategy documentation inside the platform are the next places to look.

Three things to understand before the first frame. First, averaging down is not a safety feature: every step the price falls, the frame commits more of your money to the same stock, so a company that keeps falling keeps consuming the budget you allocated to it, and the loss grows with the position. Second, QuanteX chooses nothing. You choose the stock, the investment amount, the step sizes and the range; the platform executes that plan and takes no view on whether the stock is worth owning, and no scrip is ever recommended to you. Third, automation is not supervision: the stop-loss figure you enter is indicative, there is no automatic loss circuit breaker in the platform, and the Pause, Exit and Escape controls only work when a person decides to use them. Trading in securities is subject to market risk and losses can be substantial.