🚀 Laxmi-G Algo Trading Setup (Free Strategy) – Complete Guide
If you’re looking for a powerful, customizable, and fully automated TradingView strategy, the Laxmi-G Algo Trading Setup is designed to give you precision entries, controlled risk, and flexible alert automation — all for free.
This setup is ideal for traders who want: https://www.tradingview.com/script/GGXNkGOV-Laxmi-G-Algo-appsportal-in/
- Clear entry & exit logic
- Multi-level profit booking
- Smart stop-loss & trailing system
- Fully customizable alerts for automation
⏰ Market Timing Configuration
The strategy operates within a defined trading window:
- Start Time: 09:17
- End Time: 15:15
This ensures trades are taken only during active market hours, avoiding low-liquidity or post-market noise.
⚙️ Strategy Core Settings
🔹 Flat Filtering Input
- Option: No Filter
- This allows trades in all market conditions.
(You can later enable filters to avoid sideways markets if needed.)
🔹 Dynamic Stop Loss
- Option available but currently disabled
- Traders can enable this for adaptive SL based on market volatility.
🔹 TP/SL Type
- Uses multi-target TP & fixed SL structure
🎯 Sensitivity & Signal Strength
- Sensitivity: 20
- Offset: 1.5
These control how aggressively the strategy detects trends and signals:
- Higher sensitivity → More trades
- Lower sensitivity → More accurate but fewer trades
📊 Sideways Market Filtering (Advanced)
To avoid choppy markets, Laxmi-G includes:
- ATR Length: 7
- ATR MA Type: EMA
- ATR MA Length: 7
- ADX Smoothing: 7
- DI Length: 14
- ADX Limit: 7
👉 This combination helps detect whether the market is trending or sideways.
📈 Base Trend Logic
- Base Sensitivity: 50
- Trend Line Strength: 0.5
These parameters define the core trend detection engine used for entries.
💰 Target & Risk Management System
This is where Laxmi-G becomes powerful 👇
🎯 Multi-Level Targets
| Target | Profit % | Exit % |
|---|---|---|
| TP1 | 0.25% | 25% |
| TP2 | 0.5% | 25% |
| TP3 | 0.75% | 25% |
| TP4 | 1% | 25% |
👉 Gradual profit booking reduces risk and locks gains.
🛑 Stop Loss
- Stop Loss: 0.1%
A tight SL ensures minimal loss per trade.
🔄 Smart Trade Management
Once TP1 is hit:
- ✅ Stop loss moves to Entry (Break-even)
- ✅ Trailing Stop Loss activates
📉 Trailing Stop Settings
- Trailing Type: ATR Based
- ATR Duration: 7
- ATR Multiplier: 3
- Trailing %: 3
👉 This helps capture big moves while protecting profits.
📦 Trade Box System
- Box Length: 7
This visually tracks trades from entry to exit for better chart clarity.
🔔 Custom Alert System (🔥 Key Feature)
One of the best parts of Laxmi-G setup is:
👉 Fully customizable alert messages at every stage
You can create alerts for:
- Entry (Buy/Sell)
- TP1 / TP2 / TP3 / TP4 hit
- Stop Loss hit
- Trailing activation
💡 This makes it perfect for:
- Algo trading bots
- Webhook automation
- Telegram/Discord alerts
- Broker API integration
🧠 Why Laxmi-G Setup Works
✔ Structured multi-target system
✔ Risk-first approach (tight SL)
✔ Smart trailing for trend capture
✔ Works on multiple timeframes
✔ Fully automatable with alerts
⚡ Best Use Cases
- Intraday trading
- Scalping strategies
- Index trading (NIFTY / BANKNIFTY)
- Crypto & Forex automation
🆓 Free Strategy – No Cost
Laxmi-G is a completely free TradingView setup, making it ideal for:
- Beginners starting algo trading
- Advanced traders building automation systems
🚨 Final Note
This is a rule-based strategy, not a guarantee of profit. Always:
- Backtest before using
- Use proper risk management
- Avoid over-leveraging
🔗 Conclusion
The Laxmi-G Algo Trading Setup is a complete system combining:
- Precision entries
- Structured exits
- Smart automation
If you want a plug-and-play strategy with alert-based automation, this setup is a solid choice.
👉 If you want, I can also:
- Convert this into website landing page (SEO optimized)
- Create Pine Script with alert message templates
- Build Telegram / webhook integration format
Just tell me 👍
