INVITE-ONLY SCRIPT
Updated

BJ StairsWalker v1.0

329
This strategy allows manual plotting of key support and resistance (SR or Pivot) levels in any timeframe (e.g 15 min, 1H, D etc) before market open or at any time.

Then the chart timeframe can be lowered (e.g 3 min or 5 min) and an alert created to take entries in that timeframe when the previously marked SR/Pivot levels are broken on the upside or downside (subject to certain entry filter criteria).

It allows you to set a fixed SL in points and Target calculated based on SL points x RR multiple.

It also trails automatically with a TSL to lock profit or reduce SL as the trade moves in your favour.
Release Notes
SL/Target formatting changes
Release Notes
  • Added at cost tsl after half target
  • Added supertrend TSL after half target
  • Added momentum TSL after x number of momentum moves
  • Performance improved by ~50% and drawdown reduced by ~50% vs previous version
Release Notes
TSL improvements and fixes
Release Notes
  • Fixed bug with Short initial stoploss which was introduced during previous TSL optimization
  • Defaulted the {{close}} price in alert templates to show entry/exit price in default alert messages
Release Notes
  • Fixed deprecation warnings
  • Updated defaults to defaults for Nifty for faster daily deployment
Release Notes
Reduced default RR to 2.5 to make it reasonable
Release Notes
  • Visual improvements - Levels are now dashed lines
  • TSL optimization

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