Need code for Range breakout strategy for Nifty

Algos, strategies, code
1

Hi,

Kindly let me know code for a Range Breakout strategy for Nifty:

Rules are:

  1. High of Range is: High of Nifty till 10:15

  2. Low of Range is: Low of Nifty till 10:15

  3. Long entry at cross of 10:15 high

  4. Short entry at cross of 10:15 low

  5. Exit at 50 points in either direction

  6. Stop Loss is Low of range if Long entry and High of Range if Short entry.

Regards

2

Ok, Zerodha Pi does not have time-based entry/ exit strategy. But there is a work around. If you tell me the time frame used for trading, i can try

3

Its an Intraday strategy and the position will be auto-squared-off at 3:20 p.m.
Time frame is 15 min candle.

4

set the time frame as 15m.
For Buy,
LAST>REF(HIGH,4)
For SELL,
LAST<REF(LOW,1)
Target fixing is not possible.
Stop Loss for BUY entry-
REF(LOW,4)
Stop Loss for SELL entry,
REF(HIGH,4)

5

Thanks Andrew. How to fix the target for auto trading? Is it possible to set target and other Trading rules using Amibroker?