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