Occtans

STOCKS_ALGO

Occtans Updated   
INDICATOR FOR WORKING PROFESSIONALS………..
Are you busy with your daily routine work during market time and not able to invest with low risk?
No worries, we are coming up with Algo Indicator in Stocks also. Please gain and increase knowledge to have Algo in Equity also.

We have selected Nifty50 stocks only. Daily, we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1.5( means 1000 loss and 1500 profit in one stock) with trailing stop loss to reduce risk in trade. This is fully Algo for intraday trading.

You can select your own stocks based on your knowledge or as per your analysis. Refer/add below inputs in indicator.
Steps:
1. Define the investment amount in Each Trade Capital as per your requirement
2. Define the Trigger price above which Algo will buy the equity
3. Define Target and Stop Loss as per risk management
4. You can define the Trail SL with this indicator also to minimize the risk
5. Now, your system is ready to do algo as per your risk-reward management
Let’s learn this indicator jointly and gain your knowledge on this subject.

WhatsApp your Tradingview ID to get access to this indicator. +91 88495 75823
Release Notes:
Short sell added
Release Notes:
Bar color added
Release Notes:
New stocks 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

WhatsApp your Tradingview ID to get access to this indicator. +91 88495 75823

Want to use this script on a chart?

Warning: please read before requesting access.