Upstox’s TBT Engine: Making Trading Smarter and Faster for Everyone

Let’s break down Upstox’s Tick-by-Tick (TBT) Engine in simple terms. This new feature is a big boost for retail traders who want to use real-time data to make better trading decisions. Unlike the old system that only gives market updates at certain times, TBT data shows every tiny change in the market as it happens. This means you get the most accurate information, which was earlier only available to big investors.

What Exactly is the TBT Engine?

The TBT Engine provides real-time information on every market transaction. Normally, brokers use something called “snapshot data,” which only updates every few seconds, giving you a limited view. But TBT data shows every trade and price change instantly, helping you see the complete picture of what’s happening in the market. This kind of detailed information is now available for retail traders on Upstox’s platform.

Key Features of the TBT Engine

30 Levels of Market Depth

The TBT Engine allows you to see market depth up to 30 levels. Most brokers show only the top 5 levels of buy and sell prices, but with Upstox’s TBT data, you can dive much deeper. This is especially useful for Futures & Options traders who want to see all the buying and selling activity at different price levels. With this information, predicting market trends and adjusting your strategies becomes easier.

Order Flow Insights

Another useful feature is Order Flow Insights. This tool shows where your limit order is placed in the stock exchange’s queue. You can see how many orders are ahead of yours and the total number of shares waiting to be traded. This helps you tweak your orders in real-time, which is very helpful when the market is moving fast.

Demand and Supply Zones

TBT data also enables Upstox to show Demand and Supply Zones. These are price levels where there are large numbers of buy and sell orders. By knowing where the most buying (demand) and selling (supply) pressure is, you can make smarter decisions about where to enter or exit a trade. This feature also helps you identify important support and resistance levels.

GTT Orders that Actually Trigger on Time

A common problem with Good-Till-Triggered (GTT) orders is that in a fast-changing market, some price changes might be missed if the data updates are slow. The TBT Engine solves this issue by giving you continuous updates, so no price movement is overlooked. This means your GTT orders will activate at the right time, giving you more control during volatile market situations.

How TBT Data Can Improve Your Trading

TBT data is truly a game-changer for retail traders. Here’s how it helps:

• More Accurate Decisions: Since TBT data captures every single trade and price change in real-time, you can base your decisions on the most precise information.
• Better Understanding of the Market: With market depth up to 30 levels and insight into demand and supply zones, you get a clearer picture of market trends and liquidity.
• Improved Trade Execution: Order Flow Insights let you know exactly where your order is in the queue, helping you adjust your strategy for quicker execution.

Conclusion: Upgrade Your Trading Game with Upstox’s TBT Engine

Upstox’s Tick-by-Tick Engine isn’t just a new data feature; it’s a whole new way to trade. With real-time updates, deeper market views, and tools like Order Flow Insights and Demand & Supply Zones, the TBT Engine helps retail traders make better, faster decisions. This upgrade brings retail trading closer to the level of accuracy and speed that big institutional traders enjoy.