Can Anybody Help Me in do configuring or coding of zerodha streak as per given strategy.
My logic is :-
Time Frame -5 Min
Instrument - Nifty
Indicator : ADX & RSI
After Market Opening, at 9:16 Mark Last Day High & Low (Value) of Nifty . ( Now Round of the Nearest 50 Strike Price of Nifty & Note it as Strike Price to Buy CE or PE Weekly)
Buy CE Condition : Following Conditions Should Match
1.When any Candle Closes above Last Day High ( Candle May be 1st , 2nd , 3rd Etc or Any…)
2.During that time ADX should be More than 25 & RSI should be More than 50 , If in case, that time the ADX & RSI is not matching with level , than again check in next candle , & keep doing ,and whenever the condition match BUY.
SL : In Which Ever Candle Closes , When ADX is below 25 & RSI is below 55
Buy PE Condition : Fllowing Conditions Should Match
1.When any Candle Closes below Last Day Low ( Candle May be 1st , 2nd , 3rd Etc or Any…)
2.During that time ADX should be More than 25 & RSI should be Less than 50 , If in case, that time the ADX & RSI is not matching with level , than again check in next candle , & keep doing ,and whenever the condition match BUY.
For PE SL : In Which Ever Candle Closes , When ADX is below 25 & RSI is Above 45
No ENTRY After 2:25
Universal Exit @ 3:10