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