Occtans

Banknifty_PE_15_ALGO

Occtans Updated   
OCCTANS_BANKNIFTY_15MIN_PE_LONG

The indicator identifies market trends; this indicator is made exclusively for BANKNIFTY on 15 Minute chart for intraday trading. This is mainly for long position (PE, ATM) and with inbuilt repaint tool basis strategy logic on below in-built Indicators. This script is prepared and published after series of iteration and back testing over years with 81% of profitability.
The entry position is represented by “BUY-1” and having trailing stop loss with every candle represented by green dot. The closed position is represented by “SELL+1” on achieving the target price or trailing stop loss.

We have prepared this indicator based on following in-built indicators.
1. Relative strength index ( RSI )
2. Bollinger band
3. Moving average (MA)
4. Average directional index ( ADX )
5. Moving average convergence divergence ( MACD )
6. Volume weighted average price ( VWAP )
7. Supertrend

Disclaimer: Trading and investing in the stock market involves substantial risk of loss and is not suitable for every investor. The content covered in this section is NOT to be considered as investment advice. I’m NOT a financial adviser. All trading strategies are used at your own risk.


Contact us using the link provided below to get access to this indicator or what up on 88495 75823.
Release Notes:
Improve profit margin to update strategy
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Multi broker option added
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revision 3
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update in @version=5
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Update logic
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PROFIT % INCREASED
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Revision "A" : revised code to increase profit & win ratio....
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Revision B : SHAREKHAN Broker added in dropdown list.
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Revision C
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REVISION D
FYRES CODE UPDATED
Release Notes:
REVISE FOR FYERS
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REVISE
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MASTERTRUST ADDED
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rEVISION E : FINVASIA ADDED
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REVISION F : UPDATE STRATEGY AND UPDATE ALICEBLUE CODE
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REVISION G
Update strategies for increase win ratio
Release Notes:
REVISED : DHAN BROKER ADDED
Release Notes:
Revise Qty..
Release Notes:
ALGOBABA Bridge added

Contact us to get access to this indicator or what up on +91 93 16 32 72 60 / +91 88 49 57 58 23 / occtanstrading.com/
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 Occtans for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. 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

Contact us using the link provided below to get access to this indicator or what up on 88495 75823.

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