Sip in nifty bees in better way
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Hello Prashant Bhai..
Want to do weekly sip for niftybees by following this method . Can it be automated??
Methods description::
Timeframe:weekly
Chart type: Heiken Ashi
Amount:: investing amount for year/ 52
Eg . 100000/52=1923/weekIf on Friday 3.00 pm ,candle is green than would deploy that money, and if Red than would wait for next green candle.. whenever green candle appears ,will add all earlier red candle installment with it and deploy together.
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It can't be automated as of now. We will make it available in our Algo trading platform.
You can set Buzzar for these conditions and execute when alert is triggered. -
just a thought, when u are doing a SIP wont it help add on red candles. as nifty long term basis is bullish
