Dear Team,
Its a little confusing for me how to code create an algo strategy within a 5 min timeframe on Nifty / Banknifty Spot Price.
Here is the strategy that i’m trying to implement in a 5 min timeframe
Market Open @ 9.15
Wait for the 1st 5min Candle to complete
Let the 2nd 5 Min Candle Complete
Let the 3nd 5 Min Candle Complete
Mark the High and Low for the 3nd Candle
<<>>
if the next candle breaches / crosses over the high of the 3nd Candle
=>> Execute CE buy order @ ATM
=>> With a Target of 100 pts and SL of 50 Pts
<<>>
if the next candle breaches / crosses below the low of the 3nd Candle
=>> Execute PE Buy order @ ATM
=>> With a Target of 100 pts and SL of 50 Pts
Can you please help me build this logic on Streak ?
@Kunal_Streak @Vignesh_Streak @Sayan_Streak @streak_trader @Streak