Set the condition to “Close(0) < (Close(0, 9:30) * 0.9)”, which will trigger an entry when the current price is 10% below the 9:30 AM price. how to add this entry condition in zerodha streak
Hi @Pavelxq
Refer to the below conditions to learn how to write conditions for the above query:
Hope this helps. For further queries write back to [email protected] and the team shall help you.
@Pavelxq Kindly write back to [email protected] with the flow of the issue and the team shall help you.
I tried this condition in NIFTY MID CAP and FIN NIFTY also in 5 min time frame from 01/01/2024 to till date it’s not working why?
@Pavelxq Kindly note that the shared condition will check if the price is down by 10% from the first 15-minute candle close. If you are backtesting directly on the index, keep in mind that the index does not move 10% on an intraday basis very frequently. Hence there might be an error showing “no trades happened”.
You can backtest the same condition on the options contract by searching for the specific contract name and adding that to the strategy and it should help you.
Note: Mid-cap nifty options are not supported in Streak. In case you are not able to find any contract, you can refer to the below link to learn the Nomenclature of the contract and learn how to add the same to the strategy-