Algo trading is gaining popularity with each passing day. The investors are always keen to make higher returns in the stock markets. In fact, if the returns can be made on anintraday basis, nothing better than that. However, intraday trading is a risky affair. Furthermore, it can lead to thedestruction of capital employed, if right positions are not taken. Therefore, traders need to be more careful than the long-term investors. To help the traders, a mechanism that has evolved and used widely is Algo trading.