Algonize Pivot Strategy (APS) by Algonize

pivotpoints supportandresistance highlowindex banknifty

This study is based on several Price Action parameters of :-
• Pivot Points,
• Higher High and Lower Lows,
• High Low Index ,
• Support and Resistance.

► How To Use This Strategy?
This is a pure scalping strategy and it is advised to use this only with algo trading systems. Due to high trade frequency.

► This Strategy has inbuilt custom time frame backtester, which enables you to test for performance between any date or check for a single day.
► To Create Alerts for algo trading in this strategy simply Check "Activate Algo" from Settings then Create new alert , select your strategy in condition box, and now scroll down to message box and write

{{strategy.order.comment}}

That's it , Just Click on Create Alert Button

Backtest Values Used:-
Initial Capital : 1000000
Order Size (Lots) : 1 (Contract) Lots
Pyramiding : 0 orders
Commission : 0.003%

Sharpe Ratio : 1.741
Profit Factor : 1.174

Test Yourself and give feedback.

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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 Algonize for more information, or follow the author's instructions below.

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