Professor The Trader Your Ultimate Bank Nifty Trading Assistant
Professor The Trader is a comprehensive indicator designed specifically for trading Bank Nifty, equipped with all the essential tools to make trading decisions easier, more precise, and profitable.
Key Features:
Candle Color Change for Entry Signal: Once entry conditions are met, the candle color changes to purple, signaling a potential entry. Wait for the entry candle to close to confirm and execute the trade.
Automatic Target and Stop-Loss Plotting: Targets and stop-loss levels are automatically plotted based on default values. These values can be customized in the settings for your preferred risk-reward ratio.
Strike Price Logic for Easy Premium Targets: Entry conditions are evaluated for strike prices above ₹600 premium, and the system recommends entering a strike price close to a ₹900 premium. This ensures the default target is achieved with ease.
Dynamic Background Alerts: The background color changes to indicate a pre-entry alert. This signals that an entry opportunity might arise, helping you prepare in advance.
Timeframe Synchronization: Compatible with both 3-minute and 5-minute timeframes. If a trade is active in one timeframe (e.g., 3m), entries on the other timeframe (e.g., 5m) are automatically ignored to avoid conflict.
Support & Resistance (S&R) Levels: Automatically plots key support and resistance levels. Green color: Indicates entry is possible. Red color: Indicates entry is not possible.
Additional Features for Enhanced Trading: Trendline and Moving S&R: Dynamic tools to visualize market structure. Instruction Box: Toggleable instructions to guide you on using the indicator effectively. Re-Entry Option: Enable or disable re-entry alerts based on your strategy.
Why Use Professor The Trader? This indicator simplifies your Bank Nifty trades with a clear and actionable approach. Whether you're a beginner or an experienced trader, it helps you focus on high-probability trades, minimize risks, and achieve consistent results.
Take control of your Bank Nifty trading with Professor The Trader—because trading should be as sharp as a professor’s wisdom!
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