Code the following strategy

Buy when stochastic is between 0-5 with target of 15% and sell when it is between 95-100 with target of 15%

No stop loss.

Thanks,

Aparna

Stoch cannot be below 0, neither above 100. So the below code [w.r.t. AlgoZ]-


Buy-

SOPK(9, 3, 9, SIMPLE) <= 5 OR SOPD(9, 3, 9, SIMPLE) <= 5 


Buy Exit-

0.


Sell-

SOPK(9, 3, 9, SIMPLE) >= 95 OR SOPD(9, 3, 9, SIMPLE) >= 95 

Sell Exit-

0.

Specifying fixed target not possible in AlgoZ.

1 Like

Hello can give more details on your condition. What is target 15%?

15% movement from where the buy or sell signal is generated will be the traget

Thank you. Now how do i use this code to back test and how can i implement this on zerodha terminal?

i guess u need to contact zerodha on this

You can backtext in algo-z but need to contact Zerodha for placing orders I guess.

apps, you can backtest/ go live on upcoming platform Pi, check this: http://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/pi-overview-and-feedback

I TRiED TP BACKTEST THIS STRATAGY IT IS GIVING ERROR ANY REASON