OPEN-SOURCE SCRIPT
Anurag BN / Nifty Swing Master [FINAL - Clean Compile]
This script is a complete Swing Trading System designed for Bank Nifty and Nifty 50 options. It operates directly on the Spot/Index chart but mathematically calculates the correct Option Strike (ATM/ITM) and estimates P&L in Rupees.
It uses a Non-Repainting Daily Trend Filter combined with an Intraday Entry Trigger to find high-probability setups.
What we are checking before giving a signal:
For a CALL Option (Buy Signal):
Daily Trend Alignment: The previous day's Daily EMA must be below the current price (indicating a Bullish macro trend).
Intraday Crossover: The price must cross above the Intraday 20 EMA (the entry trigger).
Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average to ensure momentum.
Session Filter: The trade must occur within the specified trading hours (09:15 - 15:00) to avoid opening/closing volatility.
For a PUT Option (Sell Signal):
Daily Trend Alignment: The previous day's Daily EMA must be above the current price (indicating a Bearish macro trend).
Intraday Crossunder: The price must cross below the Intraday 20 EMA (the entry trigger).
Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average.
Session Filter: The trade must occur within the specified trading hours.
Key Features:
Strike Selection: Automatically displays the correct ATM/ITM Strike (e.g., "BUY 48200 CE").
Live Dashboard: Shows Real-time P&L (in Points and ₹), Entry Price, Strike, and Trade Status.
Risk Management: Plots fixed Stop Loss (1.5x ATR) and Target (2x Risk) lines on the chart that do not move during the trade.
Auto-Breakeven: Optionally moves Stop Loss to entry price after the trade moves 1R in profit.
It uses a Non-Repainting Daily Trend Filter combined with an Intraday Entry Trigger to find high-probability setups.
What we are checking before giving a signal:
For a CALL Option (Buy Signal):
Daily Trend Alignment: The previous day's Daily EMA must be below the current price (indicating a Bullish macro trend).
Intraday Crossover: The price must cross above the Intraday 20 EMA (the entry trigger).
Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average to ensure momentum.
Session Filter: The trade must occur within the specified trading hours (09:15 - 15:00) to avoid opening/closing volatility.
For a PUT Option (Sell Signal):
Daily Trend Alignment: The previous day's Daily EMA must be above the current price (indicating a Bearish macro trend).
Intraday Crossunder: The price must cross below the Intraday 20 EMA (the entry trigger).
Volume Confirmation: (Optional) Volume must be higher than the 20-period Volume Moving Average.
Session Filter: The trade must occur within the specified trading hours.
Key Features:
Strike Selection: Automatically displays the correct ATM/ITM Strike (e.g., "BUY 48200 CE").
Live Dashboard: Shows Real-time P&L (in Points and ₹), Entry Price, Strike, and Trade Status.
Risk Management: Plots fixed Stop Loss (1.5x ATR) and Target (2x Risk) lines on the chart that do not move during the trade.
Auto-Breakeven: Optionally moves Stop Loss to entry price after the trade moves 1R in profit.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.