Tradescript is a programming language created for the stock markets. You can use this in The Zerodha Pi Trading Terminal.  Codes created using tradescript codes helps you identify trade opportunities in a live market. If you plan to start using tradescript language, it is advisable to read through the article. You can use tradescript codes on Read more about What is Tradescript on Zerodha Pi ? The FAQ’s[…]

CLOSE <= REF(CLOSE,1) AND REF(CLOSE,1) > REF(CLOSE,2) AND REF(CLOSE,2) > REF(CLOSE,3) AND REF(CLOSE,3) >= REF(CLOSE,4) AND ABS((REF(HIGH,1) – REF(LOW,1))) >= ABS((REF(HIGH,3) – REF(LOW,3)) * 2 AND DIP(14) > DIN(14) AND REF(ADX(14),1) > REF(ADX(14),2) AND REF(ADX(14),2) > REF(ADX(14),3) AND REF(VOLUME,1) > REF(VOLUME,2) AND REF(VOLUME,2) > REF(VOLUME,4) AND REF(VOLUME,1) > REF(VOLUME,4) * 2 The above Pi Scanner Tradescript Read more about Zerodha Pi Scanner : Tradescript for Bullflag pattern.[…]

Tradescript code to work on the Zerodha Pi Scanner. This code generates trade signals on bear flag pattern formation on your favorite stocks. This Tradescript code can be used to generate  intraday trade signals in a Bear Market. Use on the Zerodha Pi scanner on 1 min time frames. Use the signal to trade: The second leg of bear flag Read more about Tradescript Code : Bear Flag Pattern on Zerodha Pi Scanner[…]

This is the Tradescript code for heikin-ashi candle color change. This code can be used for backtesting or in the EA to generate BUY and SELL signals on heikin-ashi strategy. GREEN CANDLE FOR ZERODHA PI EA: SET HC = (OPEN+HIGH+LOW+CLOSE)/4 SET HO = (REF(OPEN,1) + REF(CLOSE,1))/2 SET HH = MAXOF(HIGH, MAXOF(HC, HO)) SET HW = MINOF(LOW, HO, Read more about Tradescript : Heikin Ashi flip over / color change alert code[…]

Tradescript code to identify Divergence in Price and RSI values. This is a classic trading strategy used by intraday and positional traders. This code works with The Zerodha Pi scanner for generating Intraday divergence signals. Tradescript code for Price RSI Divergence Signal for Reversal Signal : REF(CLOSE,3) < REF(CLOSE,2) AND REF(CLOSE,2) < REF(CLOSE,1) AND REF(CLOSE,2) < CLOSE Read more about Tradescript Code : Price and RSI Divergence Intraday Signal.[…]

Identifying the Narrow Range 7 NR7 candlestick pattern: (HIGH-LOW) < (REF(HIGH,1)-REF(LOW,1)) AND (HIGH-LOW) < (REF(HIGH,2)-REF(LOW,2)) AND (HIGH-LOW) < (REF(HIGH,3)-REF(LOW,3)) AND (HIGH-LOW) < (REF(HIGH,4)-REF(LOW,4)) AND (HIGH-LOW) < (REF(HIGH,5)-REF(LOW,5)) AND (HIGH-LOW) < (REF(HIGH,6)-REF(LOW,6)) Identifying the Narrow Range 4 NR4 candlestick pattern: (HIGH-LOW) < (REF(HIGH,1)-REF(LOW,1)) AND (HIGH-LOW) < (REF(HIGH,2)-REF(LOW,2)) AND (HIGH-LOW) < (REF(HIGH,3)-REF(LOW,3))

Can I use supertrend indicator to back-test on Zerodha Pi ? This a question that gets repeated very often on the online forums. With the latest release of Zerodha Pi on 22-JULY-2016 the Supertrend Indicator is now available to use as a charting tool on Pi charts. However, the Back-testing and Scanner engine on Pi works Read more about Zerodha Pi : Backtesting and Supertrend Indicator[…]