Describe what to watch, when to enter, and when to exit. CandleAlgo turns your idea into clear trading rules you can review, test, and automate.
No coding needed. Run it live on your broker, or test on paper first.
Indices are charts you watch. Trades go to an instrument you choose: an index option or future, or a stock.
Examples of listed stocks. Names are trademarks of their owners; no affiliation.
Touch: the 20 EMA lies within the candle's high–low range. This demo never places an order.
No code. Just say what you want to trade.
Try it on paper first, free.Start free →
The same plain-English builder drives algos on both exchanges - index options on expiry days, F&O stocks through the week, all on your own broker account.
Algos that watch NIFTY, BANKNIFTY and the NSE F&O stock list on 1 to 60 minute candles, trading index or stock options, futures or intraday equity - whichever your rule names.
SENSEX option strategies for expiry-day trading - the same rules engine reads the SENSEX chart and manages entries, stops and the end-of-day square-off automatically.
One login for everything: your algos, paper tests, broker connection and trade history. New here? The first algo is free to build and runs on paper money.
NSE, NIFTY, BSE and SENSEX are trademarks of their respective exchanges. CandleAlgo is an independent software tool and is not affiliated with, endorsed by or sponsored by any exchange.
Your algo reads each completed candle, checks every rule, sends the order to your broker, and manages the stop loss and take profit you chose.
Dalal Street, Mumbai · stylised illustration
A fixed example to show the screens. Entry ₹100, take profit +20%, stop loss −10% of the entry premium, 14 Nifty lots. Real trades can lose money, and past or paper results do not guarantee future returns.
From your first instruction to a strategy you can understand.
Tell it which chart to watch and what should trigger a trade.
"Watch Nifty on the 5-minute chart. When a green candle closes above the 20 EMA after touching it, buy an ATM call."
Check the rules, set your risk, and explore past results where data is available.
Sample backtest shape, for illustration. Real backtests run only where historical data exists.
Start with paper money or deploy through your connected broker.
Sample. In the app the stop control is always one tap away.
Follow the conditions behind each signal, from the chart being watched to the rule still waiting to match.
Build rules around a stock, index, or option chart. Then clearly choose what the algo should buy or sell.
The same algo and the same rules. In live mode its orders go to your connected broker, with your limits and a stop control always in view.
Sample numbers for 14 Nifty lots (1,050 units) with the premium paid of ₹1,05,000, shown to illustrate the screens. Not a real result. Real trades can lose money.
Describe your setup in everyday language. CandleAlgo helps turn it into structured rules.
"Buy Bank Nifty ATM put when RSI crosses below 70 on 15-min candles. Exit at a 25% stop loss."
See which chart, candle, indicator, and condition can trigger the trade.
Keep allocation, stop loss, take profit, and position limits easy to find.
Example values. You set your own.
Each broker's setup step explains its token, IP and data needs in plain English. A broker that merely has a public API is not counted as integrated.
Connect brokerBring your idea. Build the rules. Test before going live.
No coding needed. You choose when to go live.
No code. Just say what you want to trade.
