Algo for 2.35 CE Option buying strategy

Algos, strategies, code
1

Please help me in developing algo for 2.35 Option buying strategy. This strategy takes trade as below (MIS, 15 min tf for NIFTY CE Buy) -

Once opening range 15 min candle break in lower side.
Then One candle will cross above Open range 15 min candle low - abs(Open range 15 min high - open range 15 min low) / 2.35.
Once 15 min candle close above previous candle then i will take trade. (may not be immediate previous candle)

@Streak plz help

2

This strategy is explained in below video.

3

There are lot of false breakouts in this strategy… so better to operate manually.

4

Hi @Niraj_kumar,

Although you can create a rule on the basis of ORB/2.35, the trade entry shown here is discretionary, This hammer can form after n numbers of candles and hence cannot exactly replicated in Streak. If you have a specific candle number on which you want to check the support, I can help you with this.