INVITE-ONLY SCRIPT
Updated NIKI BANKNIFTY
This indicator is made exclusively for Bank Nifty for intraday trading. It shows more profitability on the 5 minute chart. The intraday timing can be adjusted in the indicator settings. No chance to repaint. Strictly following the target and stop loss gives around 60% profitability. The background color represents the main trend and the color of the candle represents the short term trend. The re-entry position is represented by the long entry RE: LE and the short entry by RE: SE.Trend line can be enabled from the indicator settings to see the trend changes.
See the backtesting results
Contact us using the links provided below to get access to this indicator
See the backtesting results
Contact us using the links provided below to get access to this indicator
Release Notes
Updated the script with linear regression line.Release Notes
Updated the bandwidth value in indicator settings.Release Notes
Updated the alarms with provision for algo trading.Release Notes
Updated the channel width.Release Notes
Updated with provision for avoid trading in gap up and gap down.Release Notes
Removed the gap up and gap down option.Release Notes
Updated with trendline.Release Notes
Updated the exit conditions & moving average value.Release Notes
The script has been updated with a trendline that acts as a support or resistance in the trendy market. This will help the position traders to stay with the trend to make more profit.Release Notes
Updated the long exit and short exit conditions in alarm settings.Release Notes
Removed autotrading option and Updated the stop loss.Release Notes
Updated the intraday timing.Release Notes
Updated with LE(Long entry), SE(Short Entry) alarm.Release Notes
Updated the intraday timings.Release Notes
Updated the alarm settings.Release Notes
Updated with weak signal for intraday trading.Release Notes
updated the IH and HM calculation method and algorithmic trading logic.Release Notes
Updated the intraday timings for algorithmic trading.Release Notes
Updated with provision for re entry, RE:LE for re entry for long position and RE:SE for re entry for short position.Release Notes
Updated the re entry positions.Release Notes
Updated with a condition for the 'risk parameter' in the indicator settings. If you enable risk, the number of trades and profits will be higher but the profit factor will be lower. If you disable the 'risk parameter' the number of trades and profits will be lower but your profit margin (risk reward ratio) will be higher.Release Notes
Entry points updated. The most reliable calls are the display with target and stoploss. Empty LE and SE indicate high risk, and some other factors must be considered before entry.Release Notes
Updated with an extra parameter 'risk'. If you select your profit will be high but profit factor will be less.Release Notes
Updated alarm settings. Now possible to trade on banknifty options by setting alarm for algo trading.Release Notes
Updated exit conditions for algo trading. It is modified in such way that if the candle low is above the target and candle close is near to target. Then algo will execute the exit signal.Release Notes
Updated re-entry labels.Release Notes
Updated the square off signal for intraday algo trading.Release Notes
Algo trading square off time error resolved.Release Notes
Update the target of re entry positions.Release Notes
Updated with a new alarm, which will allow traders to exit the intraday algorithm as soon as they reach their destination.Release Notes
Added quick exit alarm for options.Release Notes
An additional parameter has been added to the settings for Algo trading. Enabling scalping will have an accuracy of 90%, but the overall profit will be lower. By default, this is parameter is ON.Release Notes
The script updated with provision for Algo trading in bank nifty options.Release Notes
Updated with entry and exit candle indication. Now you can see the live profit on the graph.Release Notes
Updated the quick exit target and options trading alarm settings.Release Notes
Updated with an auto-updated linear regression line to identify the direction of the market.Release Notes
Updated with money management. If the first trade is already in loss the next entry signal will consider as an exit signal. The blue candle indicated an exit position and yellow indicates an entry position.Release Notes
Updated the exit conditions. The blue candle indicates the exit position.Release Notes
Updated exit conditions for a sell signal.Release Notes
Updated the P&L based on the latest entry signal.Release Notes
Updated the error in P&L calculation.Release Notes
Updated the P&L calculation logic.Release Notes
Updated the P&L position and indicator colors.Release Notes
The auto trading logic updated in such a way that, for long entry, it will consider the direction of the linear regression line and the candle close position should be less than the upper trend line.Release Notes
Updated with a new alert system and Money Management. Even free account holders can now auto trade on Bank Nifty futures and options. If any blue candles form before your target or stop losing as part of money management, traders should leave a position.Release Notes
Now you can do auto strike price Algo trading with nextlevelbot API provider without any syntax settings.Release Notes
Updated the alarm with quick exit and provision for option selling.Release Notes
Updated the nextlevebot syntax and long entry stop loss conditions.Release Notes
Updated nextlevelbot syntax for Algo trading.Release Notes
Updated provisions for option sell. Release Notes
Updated the auto strike price.Release Notes
Updated Alice blue trading symbols.Release Notes
Updated the broker details and syntax for Algo trading with the auto strike price.Release Notes
Updated with Auto Strike price adjustment specifically for PE and CE.Release Notes
Updated the UPSTOX syntax for next level bot Algo trading. Release Notes
Updated re-entry positions and given provision for product selection on indicator settings.Release Notes
Updated the parameter with index selection NIFTY or BANKNIFTY.Release Notes
Updated the risk parameter for re-entry positions.Release Notes
Updated the error in the risk parameter.Release Notes
Updated with provision for hedging in options trading and corrected the error in profit calculation.Release Notes
Hedging default settings updated. The main signal logic has been updated when buy and sell happen nearby.Release Notes
Updated the syntax of Alice blue broker for Algo trading.Release Notes
Updated the risk parameter.Release Notes
Updated the issues in the exit signal.Release Notes
Updated the conditions for risk parameter.Release Notes
Updated the syntax for Algo trading in Nextlevelbot.Release Notes
Updated with provision for auto trading in the future with nextlevelbot.Release Notes
Updated with the syntax for angel broker and change the OTM calculation for PE for options trading.Release Notes
Updated the exit conditions and Alice blue syntax.Release Notes
Updated the risk parameter settings. Given provision for trade on any risk positions.Release Notes
Updated with daily max profit and daily max loss parameter. This is useful for Robo trading with Indian brokers. If the daily trade reaches any of this limit, it will square off all the existing positions and will not execute further trade on the same day. This can enable by selecting a "Set daily limit" parameter.Release Notes
Updated the intraday square off time.Release Notes
Updated the hedging logic of the indicator for options trading.Release Notes
Updated the basic settings of the indicator.Release Notes
Change the default settings of the indicator.Release Notes
Re-entry locations updated.Release Notes
Updated entry positions based on the present market situations.Release Notes
Updated with the provision for hedging in futures trading as well.Release Notes
Updated the hedging method and options syntax for monthly expiry.Release Notes
Removed the scalping parameter. Updated the hedging entry position. Modified the re-entry positions.Release Notes
Updated the syntax for Algo trading.Release Notes
Updated hedging based on once per bar close.Release Notes
Updated the long entry-exit conditions.Release Notes
Linear regression line removed. Updated hedging and modified maximum loss parameter. Added a new parameter called Options Auto Expiry, enabling this parameter to eliminate the need for option expiration details in the case of robot trading.Release Notes
Updated the hedging quantity settings.Release Notes
Added intraday selection in settings.Release Notes
Updated the exit conditions.Release Notes
Updated the hedging and entry logic. Simplified the interface, modified the target.Release Notes
Updated the Nextlevebot syntax for Robo trading. Release Notes
Updated the intraday timings and entry on 9.15 amRelease Notes
Updated the exit conditions.Release Notes
Updated the entry on gap up conditions.Release Notes
Updated the logic based on the present market conditions.Release Notes
Removed bar state confirmed(bsc) function to avoid chances for re-paint.Release Notes
Updated the logic. Removed the Hedging.Release Notes
Updated the stop loss and algo trading alerts.Release Notes
Updated the alerts.Release Notes
Updated the default settings of the indicator.Release Notes
Updated with daily max loss and profit interlock.Release Notes
Unintentionally, the Auto Strike price selection was removed from the last update. This is fixed, so please update your index.Release Notes
Restricted the number of lots per trade for Algo trading.Release Notes
Updated the indicator display settings.Release Notes
Updated the re-entry positions.Release Notes
Updated the long entry logic.Release Notes
Updated the bar color.Release Notes
Updated the entry positions.Release Notes
Updated the entry price.Release Notes
Update the indicator based on bank nifty last week's performance.Release Notes
Updated the indicator based on bank nifty last week's performance.Release Notes
Updated with today's market condition and added provision for Algo trading with Nextlevelbot and Algoji.Release Notes
Updated the indicator based on bank nifty last week performance.Release Notes
Updated the syntax for Upstox.Release Notes
Updated the logic.Release Notes
Updated the Upstox symbol.Release Notes
Logic updated.Release Notes
Updated the indicator based on bank nifty last month's performance.Release Notes
Updated the target and stop loss.Release Notes
stop-loss Updated.Release Notes
Updated the broker syntax.Release Notes
Fyers syntax updated.Release Notes
Updated based on bank nifty last month's performace.Release Notes
Updated the target, stop loss, and entry logic.Release Notes
Updated the indicator based on bank nifty last week's performance. (Modified exit and entry conditions)Release Notes
Updated based on bank nifty last week's performance.Release Notes
Updated based on bank nifty last week's performance. Added a moving average line which will act as support and resistance.Release Notes
Updated the average line and entry based on the moving average line.Release Notes
Updated based on bank nifty last week's performance.Release Notes
Updated the alert condition settings.Release Notes
Updated the indicator based on bank nifty last week's performance.Release Notes
Updated the strategy based on the last 6 months' performance. In the latest version, Anyone can do fully automated trading with any Indian Algo trading platform(Tradetron, Nextlevelbot, Algo baba, Algoji... etc)Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Niki5289 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Use the link given below or WhatsApp your Tradingview ID to get access to this indicator.
https://www.nikitrader.com/
+91 9890235052
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.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Niki5289 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Use the link given below or WhatsApp your Tradingview ID to get access to this indicator.
https://www.nikitrader.com/
+91 9890235052
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.