What is ‘Number of Times’ in Scalping?
A number of times is defined as the number of times the entry will be made and based on that the system will do Scalping.
For Example: If you’ve entered 3 times then the system will enter into the positions 3 times and then will stop automatically. Further, the entered positions will be managed based on the given overall target/stop loss conditions.
What is Scalping?
It is a tool that will help you do Scalping based on the movement of Future Price Or Spot Price by simply entering underlying points as UP/DOWN movement. You can define the type of instrument, TGT and SL for each leg and the number of times you want ...
What happens if the ‘number of times’ condition is not fulfilled by EOD?
Suppose you have provided input to do scalping 10 times, and within a day, the entry is triggered only 5 times. Then, for the remaining 5 times, the system will check for entry on the next day. If the condition is met, entries will be fired the next ...
What are Scalping Points?
Based on the scalping points provided, the strategy will do scalping for the reference price. Suppose you have mentioned 50 points and the reference price is 18,000, then at 18,050, the system will fire for the defined Instrument.
What is the strategy-level exit parameter in scalping?
With this feature, you can define your fixed profit or loss at the strategy level. If your strategy level profit is achieved with only 5 out of 10 entries i.e. the number of times then your strategy will be completed and further entries will not take ...
What could be my reference price (Spot or Future Price) from where the scalping strategy will start?
The reference price (offset price) will be the one when you submit the strategy. Suppose you submit the strategy at 10 AM when NIFTY futures were trading at 18,500. Then, your offset price will be 18,500, and your scalping strategy will start ...