jellygill

Algo Trading Strategy (Nifty & BankNifty)

jellygill Updated   
What is Algo Trading Strategy ( Nifty & Bank Nifty )?

There are many 9 to 5 working professionals who have some spare money to invest each month but they can not do active trading because they are busy with their full time job.

So they wish to have an automated system which could take and close trades for them with a proven back-tested strategy, proper money management, ability to trade within particular timings, pre-defined maximum loss they can bear and so on.

To cater needs of such type of traders, we created from scratch; and published an 'AutoTrading Algo (Nifty & Bank Nifty) in Sep 2021. (The link is given below, please read on).

Many people who want to try this AutoTrading Algo want us to share stats of this algo with them.

In order to fulfil this demand, we have converted that "Algo Trading" Study into a Strategy whose description you are reading right now.

For all other queries related to how our "Algo Trading (Nifty & Bank Nifty)" works, what are its limitations, benefits and other features, please read the description of our main 'Algo Trading (Bank Nifty & Nifty )' study which is available at following link:



Note:

1. in order to test this strategy on longer time period, you must have a Premium TradingView account.

2. If you have premium TradingView account, the stats you generate will exactly match with our stats which we keep sharing in our channel.

3. To Enable Auto-Trading, You will need to connect this Algo with your broker's trading platform through 3rd party platforms. We will guide you on how to do this, when you contact us.
Release Notes:
Updated the code with version 5 of pine script.

To avail FREE TRIAL for all our invite-only indicators, please contact us:

Telegram: @jellygill

Our Telegram Channel: @CheetaTrader

join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact jellygill for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

To get access to this strategy and its counterpart indicator, please contact Telegram Handle @jellygill

Want to use this script on a chart?

Warning: please read before requesting access.