This is the strategy version of my old indicator NIKI BANKIFTY. It is more suitable for day trading with a 5 min chart. It is more profitable in BANKNIFTY future. It is based on multiple Supertrend, moving average, Donchain channel, and linear regression. The background color indicates the main trend and the color of the candle represents a short-term trend. The label with TA and SL represents more profitable entry positions. The label RE: LE and RE: SE stands for re-entry positions or signals with less accuracy. Consider the direction of the linear regression line to take trades on re-entry positions. The yellow candle indicates the entry and the blue candle represents the target or stop-loss.
The backtest results are based on BANKNIFTY last year's data. It has an initial capital of 100000 and the size of the lot is 1. The target is 0.3% and stop-loss is 1.5%. It exactly not following the stop loss, the trade will exit based on the Donchain channel breakout. It appears on the chart as a blue candle. The commission paid is 20 cash per trade and the slippage is 5 ticks per trade. Some of the Indian broker's commission is only 10 cash per trade. Adjust the commission as per your broker. Trades are conducted based on the intraday time in India set from 9.20 am to 2.25 pm. All positions will get square off at 3.00 pm. It will execute a maximum of 4 trades per day. All other parameters are suitable for Robo trading with Indian stock brokers.
Contact us using the link given below to obtain access to this indicator.
The backtest results are based on BANKNIFTY last year's data. It has an initial capital of 100000 and the size of the lot is 1. The target is 0.3% and stop-loss is 1.5%. It exactly not following the stop loss, the trade will exit based on the Donchain channel breakout. It appears on the chart as a blue candle. The commission paid is 20 cash per trade and the slippage is 5 ticks per trade. Some of the Indian broker's commission is only 10 cash per trade. Adjust the commission as per your broker. Trades are conducted based on the intraday time in India set from 9.20 am to 2.25 pm. All positions will get square off at 3.00 pm. It will execute a maximum of 4 trades per day. All other parameters are suitable for Robo trading with Indian stock brokers.
Contact us using the link given below to obtain access to this indicator.
發布通知:
Updated the hedging logic of the indicator for options trading.
發布通知:
Updated with strategy period selection.
發布通知:
Updated the basic settings of the indicator.
發布通知:
Change the default settings of the indicator.
發布通知:
Re-entry locations updated. This indicator is intended for Algo trading, so slippage is reduced to 3.
發布通知:
Updated entry positions based on the present market situations.
發布通知:
Updated with provision for hedging in future also.
發布通知:
Updated the hedging method and options syntax for monthly expiry.
發布通知:
Removed the scalping parameter. Updated the hedging entry position. Modified the re-entry positions.
發布通知:
Updated the syntax for Algo trading.
發布通知:
Updated hedging based on once per bar close.
發布通知:
Updated the long entry-exit conditions.
發布通知:
Linear regression line removed. Updated hedging and modified maximum loss parameter. Added a new parameter called Options Auto Expiry, enabling this parameter to eliminate the need for option expiration details in the case of robot trading.
發布通知:
Updated the trade exit conditions.
發布通知:
Updated the hedging and entry logic. Simplified the interface, modified the target.
發布通知:
Updated the intraday timings and entry on 9.15 am
發布通知:
Updated the exit conditions.
發布通知:
Updated the entry on gap up/down conditions.
發布通知:
Updated the logic based on present market conditions.
發布通知:
Removed bar state confirmed(bsc) function to avoid chances for re-paint.
發布通知:
Updated the logic.
發布通知:
Updated the stop loss.
發布通知:
Reduce the stop loss to 1.1% and updated the basic settings.
發布通知:
The strategy was updated with a second entry in the same direction as the signal. You can disable the second entry from the settings to "None" to see the results without a second entry. The second entry will act as a 2 lot trading and run another order in the same direction as the previous signal.
發布通知:
Updated the display settings of the strategy.
發布通知:
Updated the target and stop loss.
發布通知:
Enable pyramiding and multiple entries.
發布通知:
Updated the re-entry positions.
發布通知:
Updated the long entry logic.
發布通知:
Updated bar color.
發布通知:
Updated the entry positions.
發布通知:
Updated the entry price.
發布通知:
Update the indicator based on bank nifty last week's performance.
發布通知:
Updated the indicator based on last week's performance.
發布通知:
Updated the indicator based on last week's performance.
發布通知:
Removed background color and slippage reduced to 3.
發布通知:
Updated based on bank nifty today's performance.
發布通知:
Updated the indicator based on bank nifty last week performance.
發布通知:
Updated the indicator-based bank nifty last month's performance.
發布通知:
Updated the target and stop loss.
發布通知:
stop-loss Updated.
發布通知:
Updated symbol visibility.
發布通知:
Fyers syntax updated.
發布通知:
Updated the logic-based bank nifty last week's performance.
發布通知:
Updated the target and stop loss
發布通知:
Updated the target, stop loss, and entry logic.
發布通知:
Updated the indicator based on bank nifty last week's performance. (Modified exit and entry conditions)
發布通知:
Updated the logic based on bank nifty last week's performance.
發布通知:
Updated based on bank nifty last week's performance. Added a moving average line which will act as support and resistance.
發布通知:
Updated the average line and entry based on the moving average line.
發布通知:
Updated the indicator based on Banknifty last week's performance. Enable option for low-risk trade.
發布通知:
Updated the indicator based on Banknifty last week's performance.
發布通知:
Updated the bank nifty indicator based on bank nifty last two months' performance.
發布通知:
Updated the KOTAK Security Syntax.
發布通知:
Updated product selection.
發布通知:
Reduced stop loss from 1% to 0.48%
發布通知:
Updated the strategy based on the last 6 months' performance. In latest version Anyone can do fully automated trading with any Indian Algo trading platform(Tradetron, Nextlevelbot, Algo baba, Algoji... etc)