While using 'BO' for bracket order in API bridge, how do we set a stop loss price ?
Since stoploss value is compulsory for bracket order , how do we set this price on API brdige with tradingview alerts
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Algo lifeMessage
vikas chauhan
I find the algo trading quite practical as it helps filter out the human emotion that can hugely impact in taking correct trading decisions.
Presently i have my strategy deployed on tradingview . Having backtested it on 4 years on NIFTY index data i have started using it . There is no repainting of signals so the backtesting tesults are accurate.
I am able to produce 25000+ nifty points with a profit facotr of 3x and drawdawn of only 0.31% .
25000X75=18.75 lkh rupees in 45 months so i expect it to go to 20 lakhs by end of 2020.
Trading with 142000 rupees converted to almost 19 lakhs in 4 years( backtesting), Now , i have jsut started with real money and want to see how it behaves in near futures
Since its based on NIFTy spot result might vary a bit in NIFTY FUTURES, still in worst case scenarios that strategy has never lost money .
Average points per trade is more than 28 which can vary in live trading. Currently its 28.9 as per last trade on oct-5.
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Discussion
TradeTronHi, I have been using an strategy on tradingview for last 6 months and now looking to automate it on tradetron. In trading view i have coded all the signals in a single script and have a single alert setup to generate all signals for long, long exit, short sell and short exit. Is it possible to automate my strategy having a single alert system for all signals on tradetron also. OR is it compulsory to set up separage alerts for the different trading signals ? Will appreciate a quick response. Thanks !
Discussion
FYERS API BridgeI had a issue today while live trading on nifty futures on trading view using API. I had a long position open and then later a short order was trigerred on trading view chart. The API bridge exited the long position but did not initiated the short position. I have no idea why did this happend. On the 'trade history' screen o api.. there were only 2 position mentioend . First a LE and then a SE. ideally there shoul be LE, LX and then SE. is there some settings that i am missing here ?
Discussion
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