BANKNIFTY - PRICE ACTION TRADING SYSTEM

10 במאי 2020

This study is based on several Price Action parameters of :-
• Candle Pattern,
• Supply Demands,
• Support and Resistance,
• Breakouts.

► How To Use This Study ?
• Suitable Trade Session for this study 09:45 AM to 02:30 PM ( UTC +05:30)
• Buy Whenever a Green Up Triangle Appears on Chart.
• Sell Whenever a Red Down Triangle Appears on Chart.
• Exit Buy Whenever a tiny Down Triangle Appears After A Buy call and Exit Sell Whenever a tiny up Arrow Appears After A Sell Call.
• Take Only 1 trade Per Trading Session.

Test Yourself and give feedback.

PM us to obtain access.

10 במאי 2020

הערות שחרור

Updated Alerts Conditions to avoid multiple alerts when Long or Short Condition is matched. Now alerts will be only generated when the condition is confirmed on last candle and confirmed alert will be fired on next candle , so no multiple alerts will be fired.

Two Green Up Triangle Means Long Entry and entry price is now the opening of the candle on which signal appears.
Small Down red triangle means Long Exit, exit point is immediately when signal first appear on chart.

Two Red Down Triangle Means Short Entry and entry price is now the opening of the candle on which signal appears.
Small Up Green triangle means Short Exit, exit point is immediately when signal first appear on chart.

10 במאי 2020

הערות שחרור

Adjusted Few More Parameters for Better Matching Of Price Action Conditions.

11 במאי 2020

הערות שחרור

Added stoploss level on screen for manual traders.

13 במאי 2020

הערות שחרור

Parameters Optimized For Better Performance.

16 במאי 2020

הערות שחרור

What's New ?
• Added Colors to Buy & Sell Zones, Red Color for SELL Zones and Green Color for BUY Zones.
• Added New EARLY EXIT Algorithm.
• Early Exit Algorithm will help you exit from wrong side position with up-to 70% of stop-loss savings.
• Now the new possible target and sl ratio will be minimum approx 1:2 and upto 1:4.
• Improved Compatibility for algo trading bridges with advanced and refined alert system.

25 במאי 2020

הערות שחרור

New Update -> 25-05-2020 :
• Added Controlled Entry Algorithm (CEA), This will filter out 70% of false breakout calls.
• Adjusted Entry and exit parameters , Now there will be up-to 70% less "NO CALL" days.
• Entry time modified to 9:20 AM and Entry end time remained unchanged (14:30 PM).

2 ביוני 2020

הערות שחרור

Temporary Disabled Breakout Price Action Algorithm.
Activated Candle Sticks Price Action Trading Algorithm.

2 ביוני 2020

הערות שחרור

Added Alerts For Target Hit or Profit Booking By Algo Trading System.
Added Alerts For SL Hit or Loss Booking By Algo Trading System.

14 ביוני 2020

הערות שחרור

Algorithm Optimized.

17 ביוני 2020

הערות שחרור

Algorithm Optimized

25 ביולי 2020

הערות שחרור

• Optimized for Early Entry
• Fixed Target & SL
• Buy/Sell/Target/SL Values are made Visible on Chart
• Editable Target & Stop-loss Option Added
• Option Added to Show Hide Buy/Sell/Target/SL from Chart
• Trade Session Time Changed to 10:17 AM to 02:30 PM