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