Nifty Alpha Swing Bot — Strategy by Kru-KB
By Kru-KB
Performance Metrics
- Author: Kru-KB
- Symbol: PEPPERSTONE:XAUUSD
- Timeframe: 1 hour
- Net P&L: +31,544.88 USD (+3.15%)
- Win Rate: 38.7%
- Profit Factor: 1.247
- Max Drawdown: 36,971.12 USD (3.63%)
- Total Trades: 124
Description
It is the trading bot designed to work with nifty with perameter set for Nifty for swing trading with ideal time frames as 1 Hr and/or 3 Hr. Startgy is defiend with Entry logic, Stop loss logic and traile logic once the trade becomes +ve. It considers fast ema-fEma (50) and slow ema-sEma (200) in a perticular time frame, Daily EMA 50, Stock RSI, ADX etc. Bull or Bear entry logic is defined as follows.trendBull = fEma > sEma and adx > adxThreshold and (not useDailyFilter or dailyBull)trendBear = fEma adxThreshold and (not useDailyFilter or dailyBear)Long or Short signals are defined as follows (It considers StockRSI crossover longSignal = inSession and trendBull and stochCrossOver and stochK (100 - stochLevel)Once the trade is placed, it then puts SL defined by multiplier x ATR and once the trade becomes +ve above offset level, it will start trailing the SL.NoReco-just sharing for learning and backtesting.