At 09:30 the app counts how many stocks of your list are above yesterday's close: bullish or bearish. Then it finds the stocks whose first three 5-minute candles are all green (or all red), enters on the breakout with the stop loss at the candle, and exits at 1:2, the stop, the 10 EMA or 15:15. Every number is a setting.
Advancers vs decliners of your list (Nifty 50, Nifty 500, F&O stocks or your own) at the end of the setup candles. Long setups only on bullish days, short only on bearish.
The first 3 five-minute candles all green: entry above the 3rd candle's high, stop at its low. All red: mirrored. Entries until 11:00.
The first of: target 1:2 (or a fixed %), stop loss, a close across the 10 EMA, or the 15:15 square-off.
From the risk per trade: 1% of capital divided by the distance to the stop, capped per trade and in total.
Run past months with slippage and charges, compare up to 3 value sets side by side, download everything to Excel.
Zerodha or FYERS. You sign in with your own broker API app; there is no password to create.
.This app is a tool for your own rules. It is not investment advice and it never places an order: its trades are paper trades. Market data comes from your own broker API (Zerodha needs a Kite Connect app for candles; FYERS can be used for data). Past backtest results do not guarantee future returns. Intraday trading involves a high risk of loss.