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PINE ALGO

Direct algo trading from TradingView 

without any third party-web application


It just love between TradingView and Broker

Click here For Pricing Plan​​​s

Supported Brokers

TradingView

Dhan

FlatTrade

5 Paisa

Delta Exchange

Salient Features of our algo indicators

SL/TSL/TARGET

Because exit is more important than entry

  • STOPLOSS: Point, Percentage, High/Low of said no of candles during entry, Candle's Pivot
  • Trailing SL: Activate TSL after passing of certain distance from entry, Trail SL with new high/low or Trail SL with step of said distance(point/percentage)
  • TARGET : Point, Percentage, No of Bars, Risk: Reward

Trade/Risk Management

Sometime stopping the trade after reaching certain threshold of Profit/Loss, save your capital or further losing of profit

  • Trade Direction : Both, Long only, Short only
  • Reverse Trade: Reverse your trade direction if SL/TSL hit continuously or non-continuously as well as loss or any trade
  • Stop Further entry if PNL is in profit at any order closed
  • Close Trade if profitable at candle closed above (for long) or below (for short) the entry line. (Increase the % profitability by this feature).
  • No trade further if day's first trade is profitable . (Satisfaction)
  • Max number of orders per day. (Control Overtrading)
  • Max profit per day (Control profit)
  • Max loss per day (Control loss)
  • Max profit per month (Control profit)
  • Max loss per month (Control loss)


Time Management

On basis of intraday approach you should decide trading session and when to square-off. This will help you to optimize backtest results.

  • You can set up to two trading sessions
  • For continuous trading keep 00:00


Monthly Performance Table

Every change in variables in indicator reflects into the results which helps you to optimize variables to get maximum results.

  • Monthly Performance table gives the backtest results in month and year wise along with background color of green (profit) and loss (red)
  • It also gives the statistical report of your strategy like % profitability, Profit factor, Total No of Trades, No of winning trades, No of losing trades, Max Drawdown, Max Run-Up, Initial Capital (Set in property tab, this will give you % results in table), Backtest Date

Algo Settings

Algo setting system itself in TradingView indicator. No need to go third party-website.

  • Select broker : Dhan, Flattrade, 5Paisa, Delta-exchange
  • Instrument: Option, Future, Equity
  • Order Type: Delivery, Intraday
  • Quantity or number of lots for FNO.
  • Client ID: Add Client Id for Flattrade broker
  • Secret Code: Add just secret code from JSON from broker side, no need to enter entire JSON
  • Option settings
  • Option buyer or seller
  • Automatic strike selection of ATM and up to 10 ITM & OTM strike
  • You can exclude the strike like 22650, 22750 in nifty and trade just 22600, 22700 strike
  • Expiry date : Automatic expiry date selection and manual setup of expiry date
  • You can delay new order for few seconds when previous exit and new entry on same time to get benefit of margin release.

You can trade Equity, Future and options of NSE, BSE and MCX exchange.

You can also trade options from Index, Future and Option's strike chart.