Algorithmic Signals Demonstration with NIFTY Options
Algorithmic Swing Signals Demo
The Swing signals looks at various technical indicators from a 3-month Daily chart perspective. This allows for trades that can last anywhere from a few days to a few weeks. Some of these moves are explosive in the Nifty Index. Just in the last few months from July to October 2019, we have seen the Nifty Index move in a persistent manner of 300 points at least 3 times. And if you go back 6 to 8 months, there have been persistent moves even more than 1000 points in a period of a few weeks.
Technical Indicators and the Algorithm
The Swing Signals Algorithm looks at various technical indicators that cover the breadth of Indicator types – Price action indicators like Moving Averages (Simple and Exponential), a highly Customised RSI indicator that helps to stay in winning trades, Momentum indicators like MACD as well as Volatility and Volume. Once in a winning trade, a Trailing Stop Loss that can be configured dynamically helps to maximize profits, and at the same time, limit losses in case the trade does not work as planned. Using Options, there is tremendous opportunity to take maximum advantage of big moves.
Signals Demonstration Video
The video below describes the Swing signals, and identifies the kind of opportunities that can be captured by using the Algorithm for Swing trading. Additionally, with trading in customer accounts happening automatically, there is no need for customers to worry about looking at the markets or worrying about missing any Buy or Sell opportunities.
