I want to create a strategy for bank nifty. In this, I first want a Supertrend with default setting (7,3). Then If the first 15-minute candle is above Supertrend, I want entry to be when price tests high of the first 15-minute candle. My exit will be 25 points profit, or 10 points stop-loss. Whichever comes first.
Similarly, If the price is below the super trend, I want entry to be when price tests the low of the first 15-minute candle and exit will be 25 points down from there, or 10 points up. Whichever comes first.
This is strictly for Intraday Trading. Kindly help out