Strategies

Use strategy() in AlgoCode to backtest entries and exits bar-by-bar. The Strategy Tester panel shows equity, trades, and drawdown. Eligible scripts can be published to live algo trading.

Minimal strategy example

//@version=6
strategy("MA Cross", overlay=true, initial_capital=100000)

fastLen = input.int(9, "Fast MA")
slowLen = input.int(21, "Slow MA")

fast = ta.ema(close, fastLen)
slow = ta.ema(close, slowLen)

plot(fast, color=color.green)
plot(slow, color=color.red)

longCond  = ta.crossover(fast, slow)
shortCond = ta.crossunder(fast, slow)

if longCond
    strategy.entry("Long", strategy.long)
if shortCond
    strategy.close("Long")

Supported strategy API

• strategy() — header with initial_capital, commission_*, pyramiding, slippage
• strategy.entry() — market/limit/stop entries with pyramiding
• strategy.close() / strategy.close_all()
• strategy.exit() — limit/stop exits inside the script (used when risk mode is "Script manages exits" — not with algo.risk)
• algo.risk() / algo.stoploss() / algo.target() — platform SL/target for live trading (see Risk management)

Strategy Tester

1. Run a strategy() script on the chart.
2. Open the Strategy Tester panel below the chart.
3. Review net profit, win rate, trade list, and per-trade entry/exit prices.

Tester results use script logic and strategy() header settings. algo.risk does not change tester trades — it applies only after you publish to live algo trading, where the platform monitors LTP using the values from algo.risk or the publish modal.

Platform risk in code — algo.risk

atrSl = ta.atr(14) * 2
algo.risk(stoploss = atrSl, type = algo.points, target = 20)

Type constants: algo.points, algo.percent, algo.trailing, algo.break_even, algo.off. Trailing uses named args trail_steps and trail_by. Full reference on the Risk management page.

Publish to Algo Trading

When your script contains strategy(), the chart shows a rocket icon. Click it to open the publish modal (no 4-step wizard).

1. Identity — display name, symbol (from chart), linked script.
2. Script inputs — AlgoCode input() values (if any).
3. Broker execution — quantity, product (MIS/NRML), order type, trade type.
4. Risk — stop loss, target, square-off, and risk mode (or read-only preview when algo.risk is in the script). See Risk management.
5. Save or Save & Start — creates a strategy card on Algo Trading.

Risk modes (custom scripts)

Built-in algo strategies

RSI, MACD, SuperTrend, and other built-in strategies use the standard 4-step create wizard on the Algo Trading page. Step 3 is where you set stop loss, target, timeframe, and square-off — same fields as the publish modal.

Evaluation

• Custom AlgoCode strategies evaluate on bar close only.
• Timeframe is taken from the chart interval when publishing (1m, 5m, 15m, etc.).
• Press Start on the strategy card to begin live monitoring.