


Signal Candle: Low of the candle should not touch EMA.If you have enabled Triggered valid till the next candle, then the high of the signal candle should be broken in the next candle otherwise it will invalidate the trade.If the price goes above the high of the Signal Candle High, it will buy.This candle will be called a Signal candle. Signal Candle: The high of the candle should not touch EMA.At exit time, it will exit all positions. The signal is scanned during the start time and stop time mentioned. At every candle close, it will be checked for signal.

You can set the max no of trades per script and the total no of trades across all the symbols.You can decide whether to take buy-side signals/sell-side signals/ both only or sell-side signals only.The signal is scanned on the options chart and trade is taken on the same options The signal is scanned on Index Future and trade is taken on Index Options (Based on the options contract selection logic set by the user) The signal is scanned on Index Spot and trade is taken on Index Options (Based on the options contract selection logic set by the user) The signal is scanned on Index Future and trade is taken on its Index Future The signal is scanned on Index Spot but trade is taken on its Index Future contract The signal is scanned on Equity but trade is taken on its future contract The signal is scanned on Equity and Trade is also taken on Equity Equity, Equity Futures, Index Futures, Index Options (Finnifty excluded)ĭifferent modes of trading: Scan on Signal On.Join this telegram channel to get updates on this product: Or Search with the name “Myalgomate5EMA” The intention behind automating this strategy is to help those traders who are already trading on a similar strategy and want to automate it.We neither endorse this strategy nor provide backtest data or any standard configuration.Īll the parameters are configurable and user needs to decide their own parameter to use the software. This tool is an automated version of the strategy available in the public domain.We, Myalgomate Technologies LLP, are a technology provider platform and do not act/intend to act as a wealth manager/ advisor in any capacity.
