INVITE-ONLY SCRIPT

BankNifty Trend PosRAT

This strategy is our new RAT ( Realtime Ago Trading) indicator for BankNifty automatic trades based on the signals provided by this "BankNifty Trend PosRAT".
This is purely for educational purpose and this strategy might get modified in future as well. This strategy will give positional signals in BankNifty & will ride the full trend in both the directions. Using this strategy we can trade manually or can do ALGO trading in BankNifty futures and can do options buying or selling.

Trading Logic:
This strategy is based on Price Action and use EMA for filtering the trades.
Parameters used for Backtestings are-
Initial Capital- 100000
Base Currency- Default
Order Size- 1 Contract
Rest all set to zero

Backtesting Result-
This strategy on backtesting in BankNifty-15 min time frame with the above parameters and setting giving the Net profit of 909625 about 900% gain on capital in total 303 closed trades with an accuracy of 41.25% having Profit factor of above 1.5 & drawdown of 160963 around 45% only. This strategy provides avg profit of 3000 per trade on 1 lot of BankNifty.

We can set SL and Tgt in this indicator and increase its performance by compromising with the Net Profit.

Future updates will be done if needed.

IMPORTANT NOTE- For all the users who are testing it, Use it Only for BANKNIFTY 15 min timeframe and settings are Period 43 & Lookback 28. All other settings will not give the good results. For other scripts or stocks there are other strategies and settings. Ask us for any special custom need. Don't try in this, you will not get the good results.
One more thing please be clear- This is not a HOLYGRAIL, it is SYSTEMATIC trading. This is a wonderful strategy and you will not find it anywhere in BankNifty. Contact us once on details mentioned below to know how to get maximum output from it so that mine & yours effort don't go waste.
We are happy & earning from our various Strategies & Algos running for Clients account daily. We want to build good traders circle who can learn & earn to achieve financial goals. We don't need your money untill & unless you agree that yes this is worth strategy/indicator & i need it to earn more..You yourself will be ready to associate with us..Client comes itself when he earns..Obviously lot of time is spent in it and Time is Money..So we don't want time-passers & had to remove time to time only serious traders we need..
algotradingautomatedBANKNIFTYCandlestick analysisindexintradayNIFTYoptionssignalsstrategytrendTrend Analysis

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 AshishChauhan_AlgoTrader 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.

Author's instructions

For access or more details contact me on whatsapp @ +91-7895286939 , Telegram @ashish_pt or ashishchauhan86@yahoo.co.in

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer