Automate Your Trading with Supertrend Indicators: A Complete Guide

Strategy Description :

This strategy trades supertrend signals on the basis of given parameters. Discover the power of our versatile trading bot designed for precision and flexibility. Customize your trading strategy by selecting segments, instruments, and candle timeframes, alongside advanced parameters like supertrend period and multiplier. Download, install, input your details, and start optimizing your trades effortlessly with our intuitive interface.

Features

Listed below are some of the features of this bot : 

  1. Select your segment and the corresponding instruments you want to trade.
  2. Timeframe: Enter the timeframe of the candle for supertrend calculation.
  3. Period (greater than 5) : Enter the period for supertrend calculation.
  4. Multiplier (greater than 1.5) : Enter the multiplier for supertrend calculation.
  5. Quantity (LOTS). : Enter the number of lots you want to trade.
  6. Max Trades : Enter the maximum trades .
  7. Maximum Profit: Enter the maximum profit per script.
  8. Maximum Loss: Enter the maximum loss per script.
  9. Target : Enter the target in percentage of price or absolute number.
  10. Stop Loss : Enter the stop loss in percentage  of price or absolute number.
  11. Trailing SL : Enter the trailing stop loss in percentage of price or absolute number.
  12. Select between Only buying and only selling.
  13. Select between MIS and NRML.
  14. Select between Paper Trading and Real Market Trading.
  15. Select between Fixed Qty and Increasing Qty.
    • FIxed qty trades with the same qty as you entered in all trades.
    • Increasing qty increases the number of lots at a Stop Loss until maximum number of Stop Loss is hit
  16. Select between single target mode and continuous mode.
    • Single target mode : No more trades will be taken once the target is achieved.
    • Continuous mode : Trades will be taken even after the target is achieved.
  17. Select between start from an existing signal and start from a new signal.
  18. Select between Percent target and SL and absolute target and SL.
  19. Select between Smart RMS and Predefined qty.
    • smart RMS:you can put your risk on particular stocks.
    • Predefined qty : The number of stocks you want to trade with a particular quantity.
  20. Select  among normal candles,Heiken Ashi candle, Renko chart.

How to get started?

  1. Click Here to Download the algo.
  2. Install the algo in your system.
  3. Now launch the software from your desktop shortcut or by searching for it in the start menu.
  4. Enter your client ID, copy your unique API key from Ant Web and paste it in API key section.
  5. Select the modes and enter the values in the required fields and click on ‘START ALGO’.

Perfect, your algo is now running!

For a detailed walkthrough on setting up this algorithm, check out our tutorial video: Supertrand Indicator. Master the setup and unleash its potential in your trading endeavors!

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