LTP crosses the low of previous 15min candle

Hi @sarang_palpattuwar

You can use the Multi-timeframe function to deal with multiple different timeframes. Note that the lowest timeframe available is 1 min. Opening range allows higher timeframe which will allow you to create strategies based on higher timeframe candle than 1 min

Price action strategies are essentially dependent on patterns and not LTP. Even if you trade using a 15min chart you can create good profit-making strategies. Having said that if your SL is getting triggered easily, you need to widen the SL for the instrument. We are working on adding absolute TP SL and it would be released soon.

Enabling triggers on LTP means trade can be triggered without the formation of a proper candle. Let’s assume you are looking at a 5 min chart and trading, if you place your orders before completion of a 5 min candle, that means you are placing orders before the formation of a pattern. When you place your order, the LTP was near the high of the 5 min candle but after the candle closed, price retraced and closed near to its candle open, forming a Doji. As per the price action theory, trading a Doji would be different. Moreover, the charts that you see has minimum timeframe of 1 min, so anything less that you will not be able to verify using charts.

Hope this gives a better clarification.

You can also read