This indicator is made exclusively for Bank Nifty for intraday trading. It shows more profitability on the 5 minute chart. The intraday timing can be adjusted in the indicator settings. No chance to repaint. Strictly following the target and stop loss gives around 60% profitability. The background color represents the main trend and the color of the candle represents the short term trend. The re-entry position is represented by the long entry RE: LE and the short entry by RE: SE.Trend line can be enabled from the indicator settings to see the trend changes.
See the backtesting results
Contact us using the links provided below to get access to this indicator
See the backtesting results
Contact us using the links provided below to get access to this indicator
Notas de Lançamento:
Updated the script with linear regression line.
Notas de Lançamento:
Updated the bandwidth value in indicator settings.
Notas de Lançamento:
Updated the alarms with provision for algo trading.
Notas de Lançamento:
Updated the channel width.
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Updated with provision for avoid trading in gap up and gap down.
Notas de Lançamento:
Removed the gap up and gap down option.
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Updated with trendline.
Notas de Lançamento:
Updated the exit conditions & moving average value.
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The script has been updated with a trendline that acts as a support or resistance in the trendy market. This will help the position traders to stay with the trend to make more profit.
Notas de Lançamento:
Updated the long exit and short exit conditions in alarm settings.
Notas de Lançamento:
Removed autotrading option and Updated the stop loss.
Notas de Lançamento:
Updated the intraday timing.
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Updated with LE(Long entry), SE(Short Entry) alarm.
Notas de Lançamento:
Updated the intraday timings.
Notas de Lançamento:
Updated the alarm settings.
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Updated with weak signal for intraday trading.
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updated the IH and HM calculation method and algorithmic trading logic.
Notas de Lançamento:
Updated the intraday timings for algorithmic trading.
Notas de Lançamento:
Updated with provision for re entry, RE:LE for re entry for long position and RE:SE for re entry for short position.
Notas de Lançamento:
Updated the re entry positions.
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Updated with a condition for the 'risk parameter' in the indicator settings. If you enable risk, the number of trades and profits will be higher but the profit factor will be lower. If you disable the 'risk parameter' the number of trades and profits will be lower but your profit margin (risk reward ratio) will be higher.
Notas de Lançamento:
Entry points updated. The most reliable calls are the display with target and stoploss. Empty LE and SE indicate high risk, and some other factors must be considered before entry.
Notas de Lançamento:
Updated with an extra parameter 'risk'. If you select your profit will be high but profit factor will be less.
Notas de Lançamento:
Updated alarm settings. Now possible to trade on banknifty options by setting alarm for algo trading.
Notas de Lançamento:
Updated exit conditions for algo trading. It is modified in such way that if the candle low is above the target and candle close is near to target. Then algo will execute the exit signal.
Notas de Lançamento:
Updated re-entry labels.
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Updated the square off signal for intraday algo trading.
Notas de Lançamento:
Algo trading square off time error resolved.
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Update the target of re entry positions.
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Updated with a new alarm, which will allow traders to exit the intraday algorithm as soon as they reach their destination.
Notas de Lançamento:
Added quick exit alarm for options.
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An additional parameter has been added to the settings for Algo trading. Enabling scalping will have an accuracy of 90%, but the overall profit will be lower. By default, this is parameter is ON.
Notas de Lançamento:
The script updated with provision for Algo trading in bank nifty options.
Notas de Lançamento:
Updated with entry and exit candle indication. Now you can see the live profit on the graph.
Notas de Lançamento:
Updated the quick exit target and options trading alarm settings.
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Updated with an auto-updated linear regression line to identify the direction of the market.
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Updated with money management. If the first trade is already in loss the next entry signal will consider as an exit signal. The blue candle indicated an exit position and yellow indicates an entry position.
Notas de Lançamento:
Updated the exit conditions. The blue candle indicates the exit position.
Notas de Lançamento:
Updated exit conditions for a sell signal.
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Updated the P&L based on the latest entry signal.
Notas de Lançamento:
Updated the error in P&L calculation.
Notas de Lançamento:
Updated the P&L calculation logic.
Notas de Lançamento:
Updated the P&L position and indicator colors.
Notas de Lançamento:
The auto trading logic updated in such a way that, for long entry, it will consider the direction of the linear regression line and the candle close position should be less than the upper trend line.
Notas de Lançamento:
Updated with a new alert system and Money Management. Even free account holders can now auto trade on Bank Nifty futures and options. If any blue candles form before your target or stop losing as part of money management, traders should leave a position.
Notas de Lançamento:
Now you can do auto strike price Algo trading with nextlevelbot API provider without any syntax settings.
Notas de Lançamento:
Updated the alarm with quick exit and provision for option selling.
Notas de Lançamento:
Updated the nextlevebot syntax and long entry stop loss conditions.
Notas de Lançamento:
Updated nextlevelbot syntax for Algo trading.
Notas de Lançamento:
Updated provisions for option sell.
Notas de Lançamento:
Updated the auto strike price.
Notas de Lançamento:
Updated Alice blue trading symbols.
Notas de Lançamento:
Updated the broker details and syntax for Algo trading with the auto strike price.
Notas de Lançamento:
Updated with Auto Strike price adjustment specifically for PE and CE.
Notas de Lançamento:
Updated the UPSTOX syntax for next level bot Algo trading.
Notas de Lançamento:
Updated re-entry positions and given provision for product selection on indicator settings.
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Updated the parameter with index selection NIFTY or BANKNIFTY.
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Updated the risk parameter for re-entry positions.
Notas de Lançamento:
Updated the error in the risk parameter.
Notas de Lançamento:
Updated with provision for hedging in options trading and corrected the error in profit calculation.
Notas de Lançamento:
Hedging default settings updated. The main signal logic has been updated when buy and sell happen nearby.
Notas de Lançamento:
Updated the syntax of Alice blue broker for Algo trading.
Notas de Lançamento:
Updated the risk parameter.
Notas de Lançamento:
Updated the issues in the exit signal.
Notas de Lançamento:
Updated the conditions for risk parameter.
Notas de Lançamento:
Updated the syntax for Algo trading in Nextlevelbot.
Notas de Lançamento:
Updated with provision for auto trading in the future with nextlevelbot.
Notas de Lançamento:
Updated with the syntax for angel broker and change the OTM calculation for PE for options trading.
Notas de Lançamento:
Updated the exit conditions and Alice blue syntax.
Notas de Lançamento:
Updated the risk parameter settings. Given provision for trade on any risk positions.
Notas de Lançamento:
Updated with daily max profit and daily max loss parameter. This is useful for Robo trading with Indian brokers. If the daily trade reaches any of this limit, it will square off all the existing positions and will not execute further trade on the same day. This can enable by selecting a "Set daily limit" parameter.
Notas de Lançamento:
Updated the intraday square off time.
Notas de Lançamento:
Updated the hedging logic of the indicator for options trading.
Notas de Lançamento:
Updated the basic settings of the indicator.
Notas de Lançamento:
Change the default settings of the indicator.
Notas de Lançamento:
Re-entry locations updated.
Notas de Lançamento:
Updated entry positions based on the present market situations.
Notas de Lançamento:
Updated with the provision for hedging in futures trading as well.
Notas de Lançamento:
Updated the hedging method and options syntax for monthly expiry.
Notas de Lançamento:
Removed the scalping parameter. Updated the hedging entry position. Modified the re-entry positions.
Notas de Lançamento:
Updated the syntax for Algo trading.
Notas de Lançamento:
Updated hedging based on once per bar close.
Notas de Lançamento:
Updated the long entry-exit conditions.
Notas de Lançamento:
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.
Notas de Lançamento:
Updated the hedging quantity settings.
Notas de Lançamento:
Added intraday selection in settings.
Notas de Lançamento:
Updated the exit conditions.
Notas de Lançamento:
Updated the hedging and entry logic. Simplified the interface, modified the target.
Notas de Lançamento:
Updated the Nextlevebot syntax for Robo trading.
Notas de Lançamento:
Updated the intraday timings and entry on 9.15 am
Notas de Lançamento:
Updated the exit conditions.
Notas de Lançamento:
Updated the entry on gap up conditions.
Notas de Lançamento:
Updated the logic based on the present market conditions.
Notas de Lançamento:
Removed bar state confirmed(bsc) function to avoid chances for re-paint.
Notas de Lançamento:
Updated the logic. Removed the Hedging.
Notas de Lançamento:
Updated the stop loss and algo trading alerts.
Notas de Lançamento:
Updated the alerts.
Notas de Lançamento:
Updated the default settings of the indicator.
Notas de Lançamento:
Updated with daily max loss and profit interlock.
Notas de Lançamento:
Unintentionally, the Auto Strike price selection was removed from the last update. This is fixed, so please update your index.
Notas de Lançamento:
Restricted the number of lots per trade for Algo trading.
Notas de Lançamento:
Updated the indicator display settings.
Notas de Lançamento:
Updated the re-entry positions.
Notas de Lançamento:
Updated the long entry logic.
Notas de Lançamento:
Updated the bar color.
Notas de Lançamento:
Updated the entry positions.
Notas de Lançamento:
Updated the entry price.
Notas de Lançamento:
Update the indicator based on bank nifty last week's performance.
Notas de Lançamento:
Updated the indicator based on bank nifty last week's performance.
Notas de Lançamento:
Updated with today's market condition and added provision for Algo trading with Nextlevelbot and Algoji.
Notas de Lançamento:
Updated the indicator based on bank nifty last week performance.
Notas de Lançamento:
Updated the syntax for Upstox.
Notas de Lançamento:
Updated the logic.
Notas de Lançamento:
Updated the Upstox symbol.
Notas de Lançamento:
Logic updated.
Notas de Lançamento:
Updated the indicator based on bank nifty last month's performance.
Notas de Lançamento:
Updated the target and stop loss.
Notas de Lançamento:
stop-loss Updated.
Notas de Lançamento:
Updated the broker syntax.
Notas de Lançamento:
Fyers syntax updated.
Notas de Lançamento:
Updated based on bank nifty last month's performace.
Notas de Lançamento:
Updated the target, stop loss, and entry logic.
Notas de Lançamento:
Updated the indicator based on bank nifty last week's performance. (Modified exit and entry conditions)
Notas de Lançamento:
Updated based on bank nifty last week's performance.
Notas de Lançamento:
Updated based on bank nifty last week's performance. Added a moving average line which will act as support and resistance.
Notas de Lançamento:
Updated the average line and entry based on the moving average line.
Notas de Lançamento:
Updated based on bank nifty last week's performance.
Notas de Lançamento:
Updated the alert condition settings.
Notas de Lançamento:
Updated the indicator based on bank nifty last week's performance.
Notas de Lançamento:
Updated the strategy based on the last 6 months' performance. In the latest version, Anyone can do fully automated trading with any Indian Algo trading platform(Tradetron, Nextlevelbot, Algo baba, Algoji... etc)