This indicator is designed specifically for algorithmic trading. This is an updated version of our previous indicator Niki MS 1.2. It is more suited to scalping and intraday trading. It shows more profit on the 5 minute chart. From the indicator setting we can display the target and stop loss. Algorithm trading can be done by setting an alarm. The alarm LE represents long entry and the LX long entry exit. SE represents short entry and SX represents shrot entry exit. It is suitable for any type of stock. There is provision in the settings to maintain the risk reward ratio. The configuration window also contains a condition for setting intraday-timing. The indicator will display the alarm only for the selected time period.

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Release Notes: Updated the target and stoploss in settings.
Release Notes: Updated the algo trading parameters and add trailing stop loss.
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