Setup to Alert: Code Your Nifty Rules in 7 Days with Ayan Sinha

Most trading books leave you with opinions. This one leaves you with four files: a written rule, the Pine Script that encodes it, a backtest you have checked for the usual mistakes, and a TradingView alert that fires when your rule triggers.

A 7-day, hands-on guide for NIFTY and BANKNIFTY traders. About 2–3 hours a day, one finished piece each day.

WHAT YOU BUILD IN 7 DAYS

Day 1 – A clean NIFTY/BANKNIFTY TradingView workspace, and what a trade really costs you (brokerage, STT, slippage)

Day 2 – Your first Rule Card: turn a vague idea into 8 precise rules a computer can follow

Day 3 – Pine Script in one day: two working indicators on your chart

Day 4 – Two backtestable strategies, from indicator to simulated orders

Day 5 – A validation scorecard: 12 checks that catch look-ahead, repainting, overfitting and toy costs

Day 6 – Position sizing, daily loss guards and a complete intraday strategy template

Day 7 – Live alerts, JSON webhooks, and what SEBI's algo rules mean before you connect anything to a broker

WHAT'S INSIDE

• 54-page PDF

• 5 Pine Script v6 programs, each explained line by line and compiled with zero errors

• Tests on 10 years of NIFTY daily data, with realistic Indian costs

• "The graveyard": popular ideas we coded, tested and dropped, so you don't waste months on them

• Blank Rule Card, Pine cheat sheet, daily checklists and glossary

WHO IT'S FOR

• Part-time traders who want rules instead of tips

• Traders with a setup in their head they have never tested

• Anyone tired of buying "99% accurate" indicators

NOT FOR YOU IF you want buy/sell calls, a guaranteed strategy or a signal group. This book teaches you to build and test your own.

WHAT YOU NEED

• A free TradingView account (paid plan only for webhook alerts on Day 7)

• No coding experience: if you can write an Excel formula, you can write Pine

• No money at risk: you place no real trades during the 7 days

IMPORTANT

Education only, not investment advice. The author is not a SEBI-registered investment adviser or research analyst. Nothing here recommends buying or selling any security. Backtests describe the past and do not promise future results. Index derivatives can lose you more than you expect.