NIKIAlgoTrader

NIKI MA TV

This strategy is based on EMA , HMA , and WMA . It is more profitable on 15min- chart with a candle pattern. This strategy is suitable for swing trading. All signals should be considered only after the candle is closed. This indicator is more profitable on Banknifty & Nifty future chart. (Continuous current contract in front)

The backtest results are based on Banknifty's last year's data. It has an initial capital of 100000 and the size of the lot is 1. The target is 12 % and stop-loss is 1.2 %(In the case of Nifty the stop loss will be 0.4%). The commission paid is Rs 15 per trade and the slippage is 3 ticks per trade. Adjust the commission as per your broker.

It is better to go with a maximum of 4 trades per day.

By using this strategy you can do fully automated trading in options and futures with Indian brokers

Contact us using the link given below to obtain access to this strategy.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact NIKIAlgoTrader for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

The author of this script can no longer grant access to it. Please don't request access.

Want to use this script on a chart?

Warning: please read before requesting access.