Investor Guide

How to use AlphaEngine IN

Written for investors who are not full-time traders. Every panel in the terminal is explained here in everyday language, along with the ranges that tell you whether a reading is healthy, stretched or a warning.

Start here

What this platform is, what it is not, and the five-step routine.

AlphaEngine IN reads exchange price data for NSE and BSE instruments, runs a set of well-known technical models over it, and turns the result into one readable instruction. It is a research and execution workspace, not a tipping service.

  1. 1Search the instrument in the header — equities, indices, commodities and futures are all covered.
  2. 2Open the Decision Brief. It is the summary of everything the engine knows about that name today.
  3. 3Check the levels: entry zone, stop loss, and targets T1/T2/T3 in the Playbook panel.
  4. 4Size the trade in the Position Sizer so a single loss stays inside your risk budget.
  5. 5Send it to FYERS Automate, or note it down for the next trading session.

Not investment advice

We are not SEBI-registered advisers. Everything here is a mathematical read of past price and volume. Markets can and do behave differently. Always do your own research and never risk money you cannot afford to lose.

About the data

Prices come from the exchange feed with a 15-20 minute delay and refresh automatically every 60 seconds. Recently listed names may have very little history, and the engine will say so before you act on it.

Trader Mode vs Family Mode

The same maths, two levels of wording.

  • Trader Mode shows raw indicator values, periods and percentages — use it if you already read charts.
  • Family Mode replaces jargon with everyday language and explains what each reading implies for a decision.
  • Neither mode changes the calculation. Switching only changes how the result is described.
  • The toggle sits in the header on the dashboard, and on the Algo Trading Strategies page.

Reading the chart

Candles, moving-average lines, volume and pattern markers.

Each candle is one trading day. The thick body runs from the opening price to the closing price; the thin wicks show the highest and lowest price touched. A green body means the day closed above where it opened, red means below.

  • The two smooth lines are moving averages — the average closing price over the last 50 and 200 sessions. Price above both usually means an uptrend.
  • Bars at the bottom are volume: how many shares changed hands. Big moves on big volume are more trustworthy than big moves on thin volume.
  • Small markers on candles flag detected candlestick patterns. Hover to see the name and what it implies.
  • Use the minimum-confluence filter to hide weak pattern signals and keep only the well-supported ones.

Alpha Score & Decision Brief

How conviction is built and what ACT, WATCH and STAND ASIDE mean.

The Alpha Score in the sidebar is a quick 0-100 read of how the instrument looks versus the Nifty 50. The Decision Brief goes further: it weighs trend, momentum, price action, volume, geometry and broad market sentiment into a single conviction number, then writes the instruction in words.

  • ACT — conviction is high and the evidence largely agrees. A plan with levels is offered.
  • WATCH — the setup is forming but not confirmed. Wait for the trigger described in the brief.
  • STAND ASIDE — the evidence conflicts or the data is too thin. Doing nothing is a position too.

The evidence ledger lists every input and whether it supported or opposed the call. If a fresh MACD divergence points against the trade direction, the engine caps conviction on purpose — a veto, not a small deduction.

Data-quality haircut

If the feed is unavailable or an instrument has very short history, conviction is reduced automatically and the brief tells you why.

Indicators decoded

Every gauge, its healthy range and what it actually tells you.

RSI (14)

30-70 normal · below 30 oversold · above 70 overbought

Very high means the stock has run hard and may pause; very low means it has been beaten down and may bounce.

MACD (12/26/9)

Histogram above zero bullish · below zero bearish

When the bars flip from below zero to above, momentum has just turned upward.

SMA / EMA 50 & 200

Price above both bullish · 50 above 200 is a golden cross

Think of them as the trend's floor. Above them the crowd is buying; below them it is selling.

Supertrend (ATR)

Band below price bullish · band above price bearish

Use the band as your stop loss — if price closes past it, the trend idea has failed.

MACD divergence

Bullish or bearish, freshness matters

An early warning that the current move is running out of fuel.

Relative strength vs Nifty

Positive means outperforming the index

A stock that rises while the market falls is being accumulated by someone.

Fibonacci levels

38.2% · 50% · 61.8% retracements

Places where a falling price often finds support and buyers step back in.

Gann angles

Support and resistance from price-time geometry

A second opinion on where a move may stall — use it alongside, not instead of, the others.

No single indicator is enough

Any one gauge will be wrong regularly. The engine only raises conviction when several independent inputs agree — you should apply the same standard.

Volume & smart money

Spotting institutional footprints.

Relative volume

Above 1.5x is notable · above 3x is unusual

Something happened. A price move on heavy volume is far more meaningful.

OBV

Rising with price confirms the trend

If price rises but OBV does not, the rally is thin.

CMF

Above 0 accumulation · below 0 distribution

Positive means buyers are in control into the close.

VWAP

Price above VWAP favours buyers

The average price most participants actually paid today.

Some instruments — several indices and commodities — publish no exchange volume. In those cases the panel is hidden and the rest of the analysis remains fully valid.

Sentiment Radar & Screener

Market mood first, shortlist second.

The India Market Sentiment Radar blends Nifty 50 trend, RSI, India VIX, market breadth and volume into one fear-and-greed score. In extreme greed, tighten stops and take profits earlier; in extreme fear, reduce size and demand stronger confirmation.

  • The Screener runs Chartink-style conditions across the Nifty 50 or your own admin universe.
  • Screens include Bollinger breakout and squeeze, volume shockers, golden cross and momentum filters.
  • One AI call summarises the whole matched basket so you are not reading 30 names one by one.
  • Treat a screen result as a shortlist, never as a signal. Open the Decision Brief for each name before acting.

Backtest

Judging a strategy honestly.

CAGR

Compare against buy-and-hold on the same name

What the approach earned per year on average. Beating buy-and-hold is the bar.

Maximum drawdown

Under 20% comfortable · over 35% painful

The largest loss you would have had to sit through. Be honest about whether you could.

Win rate

Meaningless without reward-to-risk

A 40% win rate is excellent if winners are three times the size of losers.

Number of trades

Below ~30 is statistically weak

A great result from five trades is luck, not evidence.

Past results are not a promise

Backtests exclude slippage surprises, gap risk and your own behaviour under pressure. Use them to reject bad ideas more than to trust good ones.

Algo Trading Strategies

The strategy engines and how access works.

  • WaveTrend — momentum oscillator that flags exhaustion turns, filtered by the 200 EMA.
  • Vortex — trend-direction crossovers confirmed by a threshold and the 200 EMA.
  • Supertrend — ATR trailing bands, available as dual Supertrend or with an EMA crossover.
  • PSAR, Donchian and Channel Breakout — classic trend-following breakout and trailing-stop systems.
  • Log XZ and Price Action — logarithmic structure and candlestick-pattern based entries.

Each engine has a Classic and an Aggressive preset, a full intelligence card explaining its reward-versus-risk profile, and an automation terminal that caps risk at 1% per trade with a daily loss limit. The Scorecard tab benchmarks the engines against each other on the selected instrument.

Invite-only

The strategies page is visible only to email IDs invited by the administrator. Sign in with the invited address to unlock it.

Risk & execution

The rules that keep you in the game.

  1. 1Decide your total trading capital and never let a single trade risk more than 1% of it.
  2. 2Use the Position Sizer: it converts your entry, your stop and that 1% into a share quantity.
  3. 3Place the stop loss with the order, not later. The engine gives you a level for a reason.
  4. 4Scale out at T1 and T2 rather than holding for T3 with the full position.
  5. 5Push to FYERS Automate only after you have read the brief and accepted the risk shown.

The FYERS dispatcher builds the webhook payload for you — symbol, side, quantity, stop and targets — and shows the exact JSON before it is sent. Automated execution runs through your own FYERS account; we never hold your funds or credentials.

Glossary

Jargon, decoded.

  • Long — buying, expecting the price to rise. Short — selling first, expecting a fall.
  • Stop loss — the price at which you accept the idea failed and exit.
  • Target (T1/T2/T3) — staged prices at which you book profit.
  • Reward-to-risk — how much you stand to make versus lose. Below 1.5:1 is rarely worth taking.
  • Breakout — price clearing a level it repeatedly failed to cross before.
  • Support / resistance — prices where buyers or sellers have previously stepped in.
  • Volatility (ATR) — how much the price typically moves in a day.
  • Drawdown — the fall from a peak in your account value.
  • FII / DII — foreign and domestic institutional investors; their net flows move the Indian market.
  • Intraday — opened and closed the same session. Positional — held for days or weeks.

Curated by SGS — “Be an informed Investor.”

Educational content only. Not investment advice and not a recommendation to buy or sell any security.