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
ملاحظات الأخبار:
Updated the script with linear regression line.
ملاحظات الأخبار:
Updated the bandwidth value in indicator settings.
ملاحظات الأخبار:
Updated the alarms with provision for algo trading.
ملاحظات الأخبار:
Updated the channel width.
ملاحظات الأخبار:
Updated with provision for avoid trading in gap up and gap down.
ملاحظات الأخبار:
Removed the gap up and gap down option.
ملاحظات الأخبار:
Updated with trendline.
ملاحظات الأخبار:
Updated the exit conditions & moving average value.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated the long exit and short exit conditions in alarm settings.
ملاحظات الأخبار:
Removed autotrading option and Updated the stop loss.
ملاحظات الأخبار:
Updated the intraday timing.
ملاحظات الأخبار:
Updated with LE(Long entry), SE(Short Entry) alarm.
ملاحظات الأخبار:
Updated the intraday timings.
ملاحظات الأخبار:
Updated the alarm settings.
ملاحظات الأخبار:
Updated with weak signal for intraday trading.
ملاحظات الأخبار:
updated the IH and HM calculation method and algorithmic trading logic.
ملاحظات الأخبار:
Updated the intraday timings for algorithmic trading.
ملاحظات الأخبار:
Updated with provision for re entry, RE:LE for re entry for long position and RE:SE for re entry for short position.
ملاحظات الأخبار:
Updated the re entry positions.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated with an extra parameter 'risk'. If you select your profit will be high but profit factor will be less.
ملاحظات الأخبار:
Updated alarm settings. Now possible to trade on banknifty options by setting alarm for algo trading.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated re-entry labels.
ملاحظات الأخبار:
Updated the square off signal for intraday algo trading.
ملاحظات الأخبار:
Algo trading square off time error resolved.
ملاحظات الأخبار:
Update the target of re entry positions.
ملاحظات الأخبار:
Updated with a new alarm, which will allow traders to exit the intraday algorithm as soon as they reach their destination.
ملاحظات الأخبار:
Added quick exit alarm for options.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
The script updated with provision for Algo trading in bank nifty options.
ملاحظات الأخبار:
Updated with entry and exit candle indication. Now you can see the live profit on the graph.
ملاحظات الأخبار:
Updated the quick exit target and options trading alarm settings.
ملاحظات الأخبار:
Updated with an auto-updated linear regression line to identify the direction of the market.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated the exit conditions. The blue candle indicates the exit position.
ملاحظات الأخبار:
Updated exit conditions for a sell signal.
ملاحظات الأخبار:
Updated the P&L based on the latest entry signal.
ملاحظات الأخبار:
Updated the error in P&L calculation.
ملاحظات الأخبار:
Updated the P&L calculation logic.
ملاحظات الأخبار:
Updated the P&L position and indicator colors.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Now you can do auto strike price Algo trading with nextlevelbot API provider without any syntax settings.
ملاحظات الأخبار:
Updated the alarm with quick exit and provision for option selling.
ملاحظات الأخبار:
Updated the nextlevebot syntax and long entry stop loss conditions.
ملاحظات الأخبار:
Updated nextlevelbot syntax for Algo trading.
ملاحظات الأخبار:
Updated provisions for option sell.
ملاحظات الأخبار:
Updated the auto strike price.
ملاحظات الأخبار:
Updated Alice blue trading symbols.
ملاحظات الأخبار:
Updated the broker details and syntax for Algo trading with the auto strike price.
ملاحظات الأخبار:
Updated with Auto Strike price adjustment specifically for PE and CE.
ملاحظات الأخبار:
Updated the UPSTOX syntax for next level bot Algo trading.
ملاحظات الأخبار:
Updated re-entry positions and given provision for product selection on indicator settings.
ملاحظات الأخبار:
Updated the parameter with index selection NIFTY or BANKNIFTY.
ملاحظات الأخبار:
Updated the risk parameter for re-entry positions.
ملاحظات الأخبار:
Updated the error in the risk parameter.
ملاحظات الأخبار:
Updated with provision for hedging in options trading and corrected the error in profit calculation.
ملاحظات الأخبار:
Hedging default settings updated. The main signal logic has been updated when buy and sell happen nearby.
ملاحظات الأخبار:
Updated the syntax of Alice blue broker for Algo trading.
ملاحظات الأخبار:
Updated the risk parameter.
ملاحظات الأخبار:
Updated the issues in the exit signal.
ملاحظات الأخبار:
Updated the conditions for risk parameter.
ملاحظات الأخبار:
Updated the syntax for Algo trading in Nextlevelbot.
ملاحظات الأخبار:
Updated with provision for auto trading in the future with nextlevelbot.
ملاحظات الأخبار:
Updated with the syntax for angel broker and change the OTM calculation for PE for options trading.
ملاحظات الأخبار:
Updated the exit conditions and Alice blue syntax.
ملاحظات الأخبار:
Updated the risk parameter settings. Given provision for trade on any risk positions.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated the intraday square off time.
ملاحظات الأخبار:
Updated the hedging logic of the indicator for options trading.
ملاحظات الأخبار:
Updated the basic settings of the indicator.
ملاحظات الأخبار:
Change the default settings of the indicator.
ملاحظات الأخبار:
Re-entry locations updated.
ملاحظات الأخبار:
Updated entry positions based on the present market situations.
ملاحظات الأخبار:
Updated with the provision for hedging in futures trading as well.
ملاحظات الأخبار:
Updated the hedging method and options syntax for monthly expiry.
ملاحظات الأخبار:
Removed the scalping parameter. Updated the hedging entry position. Modified the re-entry positions.
ملاحظات الأخبار:
Updated the syntax for Algo trading.
ملاحظات الأخبار:
Updated hedging based on once per bar close.
ملاحظات الأخبار:
Updated the long entry-exit conditions.
ملاحظات الأخبار:
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.
ملاحظات الأخبار:
Updated the hedging quantity settings.
ملاحظات الأخبار:
Added intraday selection in settings.
ملاحظات الأخبار:
Updated the exit conditions.
ملاحظات الأخبار:
Updated the hedging and entry logic. Simplified the interface, modified the target.
ملاحظات الأخبار:
Updated the Nextlevebot syntax for Robo trading.
ملاحظات الأخبار:
Updated the intraday timings and entry on 9.15 am
ملاحظات الأخبار:
Updated the exit conditions.
ملاحظات الأخبار:
Updated the entry on gap up conditions.
ملاحظات الأخبار:
Updated the logic based on the present market conditions.
ملاحظات الأخبار:
Removed bar state confirmed(bsc) function to avoid chances for re-paint.
ملاحظات الأخبار:
Updated the logic. Removed the Hedging.
ملاحظات الأخبار:
Updated the stop loss and algo trading alerts.
ملاحظات الأخبار:
Updated the alerts.
ملاحظات الأخبار:
Updated the default settings of the indicator.
ملاحظات الأخبار:
Updated with daily max loss and profit interlock.
ملاحظات الأخبار:
Unintentionally, the Auto Strike price selection was removed from the last update. This is fixed, so please update your index.
ملاحظات الأخبار:
Restricted the number of lots per trade for Algo trading.
ملاحظات الأخبار:
Updated the indicator display settings.
ملاحظات الأخبار:
Updated the re-entry positions.
ملاحظات الأخبار:
Updated the long entry logic.
ملاحظات الأخبار:
Updated the bar color.
ملاحظات الأخبار:
Updated the entry positions.
ملاحظات الأخبار:
Updated the entry price.
ملاحظات الأخبار:
Update the indicator based on bank nifty last week's performance.
ملاحظات الأخبار:
Updated the indicator based on bank nifty last week's performance.
ملاحظات الأخبار:
Updated with today's market condition and added provision for Algo trading with Nextlevelbot and Algoji.
ملاحظات الأخبار:
Updated the indicator based on bank nifty last week performance.
ملاحظات الأخبار:
Updated the syntax for Upstox.
ملاحظات الأخبار:
Updated the logic.
ملاحظات الأخبار:
Updated the Upstox symbol.
ملاحظات الأخبار:
Logic updated.
ملاحظات الأخبار:
Updated the indicator based on bank nifty last month's performance.
ملاحظات الأخبار:
Updated the target and stop loss.
ملاحظات الأخبار:
stop-loss Updated.
ملاحظات الأخبار:
Updated the broker syntax.
ملاحظات الأخبار:
Fyers syntax updated.
ملاحظات الأخبار:
Updated based on bank nifty last month's performace.
ملاحظات الأخبار:
Updated the target, stop loss, and entry logic.
ملاحظات الأخبار:
Updated the indicator based on bank nifty last week's performance. (Modified exit and entry conditions)
ملاحظات الأخبار:
Updated based on bank nifty last week's performance.
ملاحظات الأخبار:
Updated based on bank nifty last week's performance. Added a moving average line which will act as support and resistance.
ملاحظات الأخبار:
Updated the average line and entry based on the moving average line.
ملاحظات الأخبار:
Updated based on bank nifty last week's performance.
ملاحظات الأخبار:
Updated the alert condition settings.
ملاحظات الأخبار:
Updated the indicator based on bank nifty last week's performance.
ملاحظات الأخبار:
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)