How to incorporate a trading strategy?

Streak - backtesting
1

Hello,

Hello,

I want to test a strategy on Zerodha’s Streak platform. Suppose a share price goes up by 3 percent, then I place a short sell order with 3 shares. For every additional 1 percent increase in the share price, I sell shares in multiples of 3. So at 3%, I short sell 3 shares, at 4%, I short sell 9 shares, at 5%, I short sell 27 shares, and so on. I aim to make a profit of 1% on my average price.

How do I incorporate this strategy on Streak? Can anyone please help?

2

Hi @Rahul_Saini

Kindly note that Streak does not support any form of averaging i.e. the strategy does not take multiple consecutive entry positions before exiting the current position (entry position is taken only after the previous position has been exited i.e., when quantity at hand is zero).

Hence your requirement cannot be implemented.

For further queries, you can write to [email protected] and the team shall help you.