Build a NIFTY Algo Trading Strategy in 10 Minutes | No Coding

So, if you ever wondered how you can automate your indicator based [music] strategies on AlgoTest without the help of any third-party platform like TradingView, ChartInk, or your Python code, this video is for you. So, in today's video, I'm going to demonstrate how you can use Signals AI, our latest product on AlgoTest, to automate your indicator-based strategy, and everything will be done via only AlgoTest. Starting from your signal creation to your backtesting to the live deployment, everything will happen on AlgoTest. So, hi guys, welcome back to AlgoTest YouTube channel. And in today's video, we are going to discuss about Signals AI. And I'm going to discuss about a strategy that is on Nifty EMA crossover strategy, which is very widely used indicator. We will be discussing about the EMA indicator in a bit of depth so that you also understand what these indicators are and how you can use it. When will I be getting a entry? Will I be getting a exit, right? So, we will be discussing that right now. So, here I am on my TradingView charts. And as you can see, I have open Nifty charts on a 5-minute time frame. And I have already plotted my EMA, [music] right? One EMA is on nine period, the other one is on a 26 period. So, nine period EMA is also known as a fast [music] EMA, and the 26 period EMA is known as a slow EMA. So, essentially, how I am going to trade this >> [music] >> EMA crossover strategy is whenever the fast EMA crosses above the slow EMA, I am going to take a entry, right? [music] So, I will just show you a example of it. For example, uh >> [music] >> this specific time frame, right? Which I can see here. The 16th of April, 14:25 p.m., right? And as you can see in this specific candle, right? The EMA crossover happened. >> [music] >> Now, in this EMA crossover, you can see that my blue line, which is essentially my fast EMA, has crossed above the yellow line, which is essentially my slow EMA. And you can also verify this, right? That this is what has happened in the market. So, whenever this is going to happen, I'm going to start my trade. And for my exit condition, what I will do is I will use the opposite condition. [music] Now, in this, what I'm going to essentially do is whenever the cross below happens, right? Whenever my fast EMA >> [music] >> goes below my slow EMA, I am going to take my exit. So, [music] on this specific candle, as you can see, on 20th of April at 1:10, this cross down happened. And I would have exited at this specific place, on this specific candle. So, this is how I am going to trade my [music] strategy. And we are going to use AlgoTest Signals AI product to essentially automate this >> [music] >> strategy. So, we have understood about our indicator which we are going to use in this demonstration, in this strategy, right? Now, let's go to AlgoTest and understand how we can automate this strategy. So, if you do not have a AlgoTest account till now, just go to the description of this video. There is a link. Just open the link, and you can sign up via your phone number or your email [music] account. Both are available. So, here I am on AlgoTest, and I have already logged in into my account. What I need to do is I have to go to Signals [music] AI right? I'll just go to Signals AI, and this is the interface of Signals AI. What essentially I can do is I can build my strategy on this canvas by manually adding all the indicators. That is also possible. The other possibility is that I tell my >> [music] >> Signals AI agent to build a strategy for me, and it can build the trading logic, right? So, essentially, our strategy was such that entry when EMA nine crosses above EMA 26 [music] and exit when EMA nine crosses [music] below EMA 26. So, this was my strategy. I could have also defined, okay, if you want to exit on a certain time, right? You want to create intraday strategy, you could have specified it over here. If you wanted it to be on a certain time frame, right? If you wanted it to be on maybe 15-minute time frame or 1-minute time frame, all these can be specified here. And you just need to give your Signals AI your prompt, whatever you want to create, and the Signals AI will create the logic for you, right? Right now, what it is doing is it is understanding what needs to be done, right? We are building a EMA 926 crossover strategy, right? It has already created >> [music] >> it for me on the canvas. I can see that, okay, for my entry condition, it has said, okay, EMA nine >> [music] >> on a candle close, the EMA will be calculated on candle close on a 5-minute time frame crosses above my EMA 26, [music] right? All condition have been created here for my entry and exit, whatever I specified. So, for now, I will just close this Signals AI tab, right? And on instrument, you can see already it's on Nifty. If I wanted to select any other like Sensex, Bank Nifty, a crypto, or a stock, I could have selected it. But for today's demonstration, for today's video, we are going to select Nifty. Now, if I go to my chart preview, right? And I click here on update, I can also see when my entry and exit came in the last 1 year, right? I will just change it to a 5-minute chart, and I can see, okay, at what all time my entry and exit came, right? I can visualize it on my chart. And if I also want, I can also look at it on my entry exit log, right? Where I can see all the timestamps when my entry signal was generated, and I can also see when my exit signal was generated. I can I could have also done a backtest of this, but for today's demonstration, I'm going to skip this for now. So, I will just save this strategy, EMA 926 crossover, right? And this is on Nifty. So, my strategy is saved. Once my strategy is saved, [music] I can now deploy this in my forward test or my live market. I will just click on this deploy signal. Now, on deploy signal, I have to just find my strategy. This is my strategy, EMA 926 crossover Nifty, right? And the status currently says >> [music] >> strategy not connected. So, what I need to do is currently what we have done is we have created our signal. So, this entry signal will always be getting >> [music] >> generated when the nine EMA will crossing above EMA 26, right? But what trade to take? Shall I take a call buy? Shall I do a put sell or a future buy? All this I have to specify right now. And I will just click here on my connect button. It will show all the previous strategy I already have in my AlgoTest account. If you do not have, you can create your own new strategy, right? Let's just make it a positional strategy since I'm just [music] taking my trades basis on the crossover. I will make it a positional strategy. Index will be Nifty. And in the leg, I can specify which trade I want to take. Options weekly, one lot. I want to buy a call, ATM strike. Maybe some stop losses I want to put. Let's say 50% or a trail of maybe five to five points. Whatever you the condition you want to create, you can definitely create it. Add leg. Save and continue. Save. [music] I will just save it as Nifty call buy ATM. Let's just save the strategy. My strategy is connected. My signal is already been created and saved. My strategy is now >> [music] >> created and saved. And for forward testing, I can now directly just click on the forward test button. Click on activate now, and >> [music] >> I will be able to see my signal being deployed on forward test. Right? I will just refresh once, and here we can see that, okay, our signal is here. >> [music] >> The strategy is here. It's in cute because this is after market. If you ever create a signal or deploy a signal after market, it will be cute. [music] But as soon as market open, it will be converted into a listening state, where it will be listening to your signal. Whenever your entry signal come, a trade will be triggered. Now, for AlgoTrade, what we'll need to do is we need to set up our executions [music] as well. I will just use whatever default settings are available here. Edit execution is done. Click on AlgoTrade. Select a broker you want to take the trade with, right? For me, this is my broker. Activate now, and the same thing I can see over here in my AlgoTrade page as well. On my AlgoTrade, right? The broker is currently in a log out state. >> [music] >> Once the market opens, I will log log in with my broker, and it will show me that the signal is in listening mode. Now, how you can reach this specific page is [music] via this Signals dashboard, and you can go to this indicator step to find your saved signals, your AlgoTrade forward test being deployed, right? Now, to use these signals [music] or signals AI product, you need a signals plan, right? So, signals plans come with two validities. One is for 1 month, the other one is for 6 month, and these are the respective prices right? >> [music] >> And these are the respective features. Two additional features that you get in a 6 month plan that [music] you get signal based backtesting available only in your 6 month plan. In 1 month plan, that is not available. In 1 month, you can do signals AI execution, but if you want to backtest your strategies as well, right? Connect to our options trade, get some signals, and then you want to do backtest, you need a 6 month plan, and you also get a dedicated relationship manager in 6 month plan. So, to access the signals AI product, you need >> [music] >> this signals plan. I hope you all would have understood something in this video. If you still have any doubt, write in the comment section, or there is a Telegram channel link in >> [music] >> the description. This Telegram channel is specifically for our signals user. >> [music] >> And if you have any query related to our signals AI product, you can definitely ask us over there as well. If you like this video, please click on the thumbs up button. Share this with your friends, share this with your fellow traders, investors, whoever >> [music] >> do something with indicators, right? In today's demonstration, we showed via EMA crossover, right? On a Nifty. >> [music] >> We could have also done multiple indicators. Multiple indicators are already in the signals AI product. I could have done it on any other underlying as well, right? So, all these permutation combinations exist [music] in the product. Let us know in the comment section what all feature do you want [music] us to create a video on, what all indicators do you want us to create a video on, and we [music] will come back with the video. So, subscribe to our channel so that you never miss another video. Thanks for watching. >> [music]