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