Chartink automation
Auto-trade your Chartink scanners
Last updated: · Reviewed by the INDfolio AI research desk
In short
INDfolio AI automates Chartink scanners into live broker orders: when a scanner alert fires, the matching NSE stocks become position-sized, risk-checked orders at your broker (Zerodha, Fyers, Dhan, Angel One, Upstox, Alice Blue or Shoonya) within seconds, in the cloud, with stop-loss, target and auto square-off rules applied — turning a discretionary scanning routine into a systematic, auditable process with no code.
Chartink scanners find the stocks; the problem has always been what happens next — by the time you have typed the order, the move you scanned for is underway. INDfolio AI automates the handoff: when your scanner’s alert fires, the matching stocks become risk-checked orders at your broker within seconds.
You keep building scanners in Chartink exactly as you do today. INDfolio AI adds the execution layer: position sizing, per-trade stops, daily loss caps and automatic square-off, delivered through your broker’s official API.
Scanner alert to order
Connect a Chartink scanner alert to an INDfolio AI automation and matched stocks are ordered automatically, no manual step.
Position sizing built in
Fixed quantity, capital-per-trade or risk-based sizing — applied consistently to every scanner hit.
Risk rules on every trade
Stop-loss and target attach to each entry; daily loss limits and square-off protect the account overall.
Works with your broker
Zerodha, Fyers, Dhan, Angel One, Upstox, Alice Blue and Shoonya via official APIs.
How Chartink scan-to-trade automation works
Chartink scanners can send alerts when stocks match your conditions. INDfolio AI receives those alerts through a webhook connection, reads the matched symbols, applies your sizing and risk rules, and places the orders at your connected broker. The full loop — condition met, alert fired, order placed — completes in seconds, during the exact market window your scan was designed to catch.
Filters keep the automation sane: cap the number of positions per day, ignore symbols outside your watch-universe, trade only within a time window, and always square off intraday positions before close.
From discretionary scanning to a systematic process
Most Chartink users run the same loop manually every day: scan, shortlist, order, manage. Automating it does more than save minutes — it makes the process consistent. Every hit is sized the same way, every position carries its stop from the moment of entry, and none of it depends on you being at the screen at 9:20.
The natural next step for many scanner traders is backtesting the underlying idea in INDfolio AI directly — turning "stocks crossing yesterday’s high on volume" from a scan you trust into a strategy you have validated on years of NSE data.