Is it possible to code this....I require it for back testing.
During first hour most of the stocks/derivatives moves very fast. It falls and and starts moving again. Suppose I set a pre condition like
1) Buy...at today's first 30 minute lowest low
2) Sell...when advances to Fibonacci Retracement factor of 23.6% or 38.2%
Can I set this as an alert ?
1. you can select the chart of 10 or 30 min chart and on it you can backtest the lowest low
Buy:
LLV(14)
syntax LLV(periods)
2. Fibonacci can't be coded in tradescript
Forgot to ask the second part.
Can I place F&O order (buy or sell) after market closing or at 9.08 a.m next day. And similarly place (sell or buy) order for the same using the fibo factors. Am I sounding too stupid!!