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