BANKNIFTY - PRICE ACTION TRADING SYSTEM
This study is based on several Price Action parameters of :-
• Candle Pattern,
• Supply Demands,
• Support and Resistance,
• Breakouts.
► How To Use This Study ?
• Suitable Trade Session for this study 09:45 AM to 02:30 PM ( UTC +05:30)
• Buy Whenever a Green Up Triangle Appears on Chart.
• Sell Whenever a Red Down Triangle Appears on Chart.
• Exit Buy Whenever a tiny Down Triangle Appears After A Buy call and Exit Sell Whenever a tiny up Arrow Appears After A Sell Call.
• Take Only 1 trade Per Trading Session.
Test Yourself and give feedback.
PM us to obtain access.
• Candle Pattern,
• Supply Demands,
• Support and Resistance,
• Breakouts.
► How To Use This Study ?
• Suitable Trade Session for this study 09:45 AM to 02:30 PM ( UTC +05:30)
• Buy Whenever a Green Up Triangle Appears on Chart.
• Sell Whenever a Red Down Triangle Appears on Chart.
• Exit Buy Whenever a tiny Down Triangle Appears After A Buy call and Exit Sell Whenever a tiny up Arrow Appears After A Sell Call.
• Take Only 1 trade Per Trading Session.
Test Yourself and give feedback.
PM us to obtain access.
版本注释:
Updated Alerts Conditions to avoid multiple alerts when Long or Short Condition is matched. Now alerts will be only generated when the condition is confirmed on last candle and confirmed alert will be fired on next candle , so no multiple alerts will be fired.
Two Green Up Triangle Means Long Entry and entry price is now the opening of the candle on which signal appears.
Small Down red triangle means Long Exit, exit point is immediately when signal first appear on chart.
Two Red Down Triangle Means Short Entry and entry price is now the opening of the candle on which signal appears.
Small Up Green triangle means Short Exit, exit point is immediately when signal first appear on chart.
Two Green Up Triangle Means Long Entry and entry price is now the opening of the candle on which signal appears.
Small Down red triangle means Long Exit, exit point is immediately when signal first appear on chart.
Two Red Down Triangle Means Short Entry and entry price is now the opening of the candle on which signal appears.
Small Up Green triangle means Short Exit, exit point is immediately when signal first appear on chart.
版本注释:
Adjusted Few More Parameters for Better Matching Of Price Action Conditions.
版本注释:
Added stoploss level on screen for manual traders.
版本注释:
Parameters Optimized For Better Performance.
版本注释:
What's New ?
• Added Colors to Buy & Sell Zones, Red Color for SELL Zones and Green Color for BUY Zones.
• Added New EARLY EXIT Algorithm.
• Early Exit Algorithm will help you exit from wrong side position with up-to 70% of stop-loss savings.
• Now the new possible target and sl ratio will be minimum approx 1:2 and upto 1:4.
• Improved Compatibility for algo trading bridges with advanced and refined alert system.
• Added Colors to Buy & Sell Zones, Red Color for SELL Zones and Green Color for BUY Zones.
• Added New EARLY EXIT Algorithm.
• Early Exit Algorithm will help you exit from wrong side position with up-to 70% of stop-loss savings.
• Now the new possible target and sl ratio will be minimum approx 1:2 and upto 1:4.
• Improved Compatibility for algo trading bridges with advanced and refined alert system.
版本注释:
New Update -> 25-05-2020 :
• Added Controlled Entry Algorithm (CEA), This will filter out 70% of false breakout calls.
• Adjusted Entry and exit parameters , Now there will be up-to 70% less "NO CALL" days.
• Entry time modified to 9:20 AM and Entry end time remained unchanged (14:30 PM).
• Added Controlled Entry Algorithm (CEA), This will filter out 70% of false breakout calls.
• Adjusted Entry and exit parameters , Now there will be up-to 70% less "NO CALL" days.
• Entry time modified to 9:20 AM and Entry end time remained unchanged (14:30 PM).
版本注释:
Temporary Disabled Breakout Price Action Algorithm.
Activated Candle Sticks Price Action Trading Algorithm.
Activated Candle Sticks Price Action Trading Algorithm.
版本注释:
Added Alerts For Target Hit or Profit Booking By Algo Trading System.
Added Alerts For SL Hit or Loss Booking By Algo Trading System.
Added Alerts For SL Hit or Loss Booking By Algo Trading System.
版本注释:
Algorithm Optimized.
版本注释:
Algorithm Optimized
版本注释:
• Optimized for Early Entry
• Fixed Target & SL
• Buy/Sell/Target/SL Values are made Visible on Chart
• Editable Target & Stop-loss Option Added
• Option Added to Show Hide Buy/Sell/Target/SL from Chart
• Trade Session Time Changed to 10:17 AM to 02:30 PM
• Fixed Target & SL
• Buy/Sell/Target/SL Values are made Visible on Chart
• Editable Target & Stop-loss Option Added
• Option Added to Show Hide Buy/Sell/Target/SL from Chart
• Trade Session Time Changed to 10:17 AM to 02:30 PM