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