Scalping Strategy
What is Scalping?
Scalping is a trading technique where you make quick trades based on small price movements. This tool helps you scalp by predicting whether an asset's future or spot price will go up or down. You can set parameters like the type of instrument, target ...
What could be my reference price (Spot or Future Price) from where the scalping strategy will start?
Your reference price, also known as the offset price, is determined at the time you submit the strategy. For example, if you submit the strategy at 10 AM when NIFTY futures are trading at 18,500, then 18,500 becomes your offset price. Your scalping ...
Where can I see the strategy reference price?
To view the strategy reference price, you can access it by clicking on the history tab on the Strategy P&L page.
What are Scalping Points?
Scalping points are predetermined price differentials that serve as triggers for executing scalping trades within a strategy. For instance, if you specify 50 points as your scalping points and the reference price is set at 18,000, the system will ...
What is ‘Number of Times’ in Scalping?
The "Number of Times" parameter in scalping refers to the predefined count of times that the system will initiate entry into positions within the strategy. For instance, if you set this parameter to 3, the system will execute entry into positions ...
What happens if the ‘number of times’ condition is not fulfilled by EOD?
If the specified "number of times" condition for scalping is not fulfilled by the end of the trading day (EOD), the system will carry over the remaining entry opportunities to the next trading day. For example, if you set the condition to execute the ...
What is the leg-wise Target/Stop loss parameter in Scalping?
The leg-wise Target/Stop loss parameter in Scalping allows you to set individual target (TGT) and stop loss (SL) levels for each entry made by the strategy. You can define these levels based on premium points or percentage (%) basis, providing ...
What is the strategy-level exit parameter in scalping?
The strategy-level exit parameter in scalping allows you to set a predefined profit or loss limit for your entire trading strategy. For example, if you reach your profit target with just 5 out of 10 entries, the strategy will be considered complete, ...