OPEN-SOURCE SCRIPT

Nifty Alpha Swing Bot

1 183
It is the trading bot designed to work with nifty with perameter set for Nifty for swing trading with ideal time frames as 1 Hr and/or 3 Hr.

Startgy is defiend with Entry logic, Stop loss logic and traile logic once the trade becomes +ve.

It considers fast ema-fEma (50) and slow ema-sEma (200) in a perticular time frame, Daily EMA 50, Stock RSI, ADX etc.

Bull or Bear entry logic is defined as follows.

trendBull = fEma > sEma and adx > adxThreshold and (not useDailyFilter or dailyBull)
trendBear = fEma < sEma and adx > adxThreshold and (not useDailyFilter or dailyBear)

Long or Short signals are defined as follows (It considers StockRSI crossover

longSignal = inSession and trendBull and stochCrossOver and stochK < stochLevel
shortSignal = inSession and trendBear and stochCrossUnder and stochK > (100 - stochLevel)

Once the trade is placed, it then puts SL defined by multiplier x ATR and once the trade becomes +ve above offset level, it will start trailing the SL.

NoReco-just sharing for learning and backtesting.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.