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.
Phát hành các Ghi chú:
Updated the hedging logic of the indicator for options trading.
Phát hành các Ghi chú:
Updated with strategy period selection.
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Updated the basic settings of the indicator.
Phát hành các Ghi chú:
Change the default settings of the indicator.
Phát hành các Ghi chú:
Re-entry locations updated. This indicator is intended for Algo trading, so slippage is reduced to 3.
Phát hành các Ghi chú:
Updated entry positions based on the present market situations.
Phát hành các Ghi chú:
Updated with provision for hedging in future also.
Phát hành các Ghi chú:
Updated the hedging method and options syntax for monthly expiry.
Phát hành các Ghi chú:
Removed the scalping parameter. Updated the hedging entry position. Modified the re-entry positions.
Phát hành các Ghi chú:
Updated the syntax for Algo trading.
Phát hành các Ghi chú:
Updated hedging based on once per bar close.
Phát hành các Ghi chú:
Updated the long entry-exit conditions.
Phát hành các Ghi chú:
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.
Phát hành các Ghi chú:
Updated the trade exit conditions.
Phát hành các Ghi chú:
Updated the hedging and entry logic. Simplified the interface, modified the target.
Phát hành các Ghi chú:
Updated the intraday timings and entry on 9.15 am
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Updated the exit conditions.
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Updated the entry on gap up/down conditions.
Phát hành các Ghi chú:
Updated the logic based on present market conditions.
Phát hành các Ghi chú:
Removed bar state confirmed(bsc) function to avoid chances for re-paint.
Phát hành các Ghi chú:
Updated the logic.
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Updated the stop loss.
Phát hành các Ghi chú:
Reduce the stop loss to 1.1% and updated the basic settings.
Phát hành các Ghi chú:
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.
Phát hành các Ghi chú:
Updated the display settings of the strategy.
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Updated the target and stop loss.
Phát hành các Ghi chú:
Enable pyramiding and multiple entries.
Phát hành các Ghi chú:
Updated the re-entry positions.
Phát hành các Ghi chú:
Updated the long entry logic.
Phát hành các Ghi chú:
Updated bar color.
Phát hành các Ghi chú:
Updated the entry positions.
Phát hành các Ghi chú:
Updated the entry price.
Phát hành các Ghi chú:
Update the indicator based on bank nifty last week's performance.
Phát hành các Ghi chú:
Updated the indicator based on last week's performance.
Phát hành các Ghi chú:
Updated the indicator based on last week's performance.
Phát hành các Ghi chú:
Removed background color and slippage reduced to 3.
Phát hành các Ghi chú:
Updated based on bank nifty today's performance.
Phát hành các Ghi chú:
Updated the indicator based on bank nifty last week performance.
Phát hành các Ghi chú:
Updated the indicator-based bank nifty last month's performance.
Phát hành các Ghi chú:
Updated the target and stop loss.
Phát hành các Ghi chú:
stop-loss Updated.
Phát hành các Ghi chú:
Updated symbol visibility.
Phát hành các Ghi chú:
Fyers syntax updated.
Phát hành các Ghi chú:
Updated the logic-based bank nifty last week's performance.
Phát hành các Ghi chú:
Updated the target and stop loss
Phát hành các Ghi chú:
Updated the target, stop loss, and entry logic.
Phát hành các Ghi chú:
Updated the indicator based on bank nifty last week's performance. (Modified exit and entry conditions)
Phát hành các Ghi chú:
Updated the logic based on bank nifty last week's performance.
Phát hành các Ghi chú:
Updated based on bank nifty last week's performance. Added a moving average line which will act as support and resistance.
Phát hành các Ghi chú:
Updated the average line and entry based on the moving average line.
Phát hành các Ghi chú:
Updated the indicator based on Banknifty last week's performance. Enable option for low-risk trade.
Phát hành các Ghi chú:
Updated the indicator based on Banknifty last week's performance.
Phát hành các Ghi chú:
Updated the bank nifty indicator based on bank nifty last two months' performance.
Phát hành các Ghi chú:
Updated the KOTAK Security Syntax.
Phát hành các Ghi chú:
Updated product selection.
Phát hành các Ghi chú:
Reduced stop loss from 1% to 0.48%
Phát hành các Ghi chú:
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)