Strategies

Write entries and exits in Dovee (buy, sell, when rules) or legacy strategy() AlgoCode. 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 (SL/target fields are hidden 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.