Buy Level = L+[ 0.5 * (H-L)]
Buy Stoploss = L+[ 0.1 * (H-L)]
Buy Target = L+[ 1.0 * (H-L)]
Sell Level = H-[ 0.5 * (H-L)]
Sell Stoploss = H-[ 0.1 * (H-L)]
Sell Target = H-[ 1.0 * (H-L)]
Where
H = Highest of Previous Day High and Current Day High
L = Lowest of Previous Day Low and Current Day Low
Buy Script:
REF(LOW,1)+(0.5*(HIGH-LOW))
Buy StopLoss:
REF(LOW,1)+(0.1*(HIGH-LOW))
Exit Buy:
REF(LOW,1)+(1.0*(HIGH-LOW))
Sell Script:
REF(HIGH,1)-(0.5*(HIGH-LOW))
Sell StopLoss:
REF(HIGH,1)-(0.1*(HIGH-LOW)
Exit Sell:
REF(HIGH,1)-(1.0*(HIGH-LOW))
You have to select Time frame as day charts and kindly note that as you have not mentioned which high is for which day so , here i have taken like REF(HIGH,1) means high of previous day and just HIGH means high of present day.