The script is an advanced technical analysis tool specifically designed for trading in financial markets, with a particular focus on the BankNifty market. It utilizes two powerful indicators: the Fractal Adaptive Moving Average (FRAMA) and the CPMA (Conceptive Price Moving Average), which is similar to the well-known Chande Momentum Oscillator (CMO) with Center of...
BankNifty 5min Supertrend Based Strategy, Intraday. Work Best at 5mint chart on BankNifty. The strategy is designed to trade using the Supertrend indicator with session-based rules, and risk management. It allows for customization through input variables and aims to provide a clear visual representation of the Supertrend by changing the color . The...
The Problems of Day Trading Lot many indicators are made by thousands of traders all over the world, which give good or not so good signals. Despite good signals, many times we end up in loss because we could not take entry or could not exit at appropriate time-point. Sometimes even winning position also comes into loss if market takes back whatever you gained...
Only for trading BankNifty Fut. Use in 15 minutes time frame. Initial capital 1000 Use Indian Rupee , you buy the maximum of the capital since it represents little money at the beginning, you can risk less capital in percentage, for example, 10% of 1000 IR. Commission 0.006% per contract, we use the commission of one of the best-known brokers. You can adjust...
This indicator is designed for Banknifty which is traded on NSE(India). It works best in 1-M and 5-M time-frame. You can always experiment with any other time-frame with various combinations of settings. Green Line- Buy Trigger Line Red Line- Sell Trigger Line Period: No. bars for look-back period. Trade Trigger Type: 1. ATR Based – Trade will be initiated...
This is non-repainting indicator which can be used for Index, Stocks, Commodities and Bitcoin or any other securities depending upon the various parameter setting of the indicator. This particular strategy is for intra-day Bank Nifty Index which is traded on NSE(India). The same strategy can used for Nifty, Stocks and other indices also by adjusting the...