| Buy (Long) Criteria: | ||
| Time: | 9:45 am - 2:55 pm | |
| Candle: | 5 Minutes | |
| User Inputs: | ||
| Backtest Start Date | ||
| Backtest Stop Date | ||
| Phone 1 | ||
| Phone 2 | ||
| Phone 3 | ||
| Order Type | Limit, Market | |
| Order Segment | NRML, Margin, CNC | |
| Order Qty | ||
| Exit Type | SL, SL-M, Limit, Market | |
| Opening diff Long: OpdiffL | ||
| Price Diff Long: PdiffL | ||
| StopLoss Long: SlossL | ||
| Target Long: TargetL | ||
| Parameters: | ||
| ORH = High of First 30 Minute Trade | ||
| ORL = Low of First 30 Minute Trade | ||
| PDH = Previous Day High | ||
| PDL = Previous Day Low | ||
| PDC = Previous Day Close | ||
| HVBH = Identify High Volume Bar in first 30 Min Trade, High of corresponding Price Bar | ||
| HVBL = Identify High Volume Bar in first 30 Min Trade, Low of corresponding Price Bar | ||
| Moving Average: | ||
| Period | 9 | |
| MA Type | Exponential | |
| Buy (Long) Criteria: | ||
| No Buy Call, if Nifty is in down trend: | ||
| Nifty < OpdiffL points from opening price | ||
| IF | ||
| PDC < Average (PDH, PDL, PDC) AND | ||
| If current price > ORH AND | ||
| (Moving Average > ORH OR | ||
| If Inside bar is True OR | ||
| (High and low of current bar is less than High and Low of Previous Bar) | ||
| Volume of current bar is 30% > average volume of last 10 Bars OR | ||
| Average Volume of first 30 Min Trade > | ||
| Average Volume of last 20 days) | ||
| end if | ||
| Order Type: | ||
| Order Type | ||
| Order Segment | ||
| Order QTY | ||
| "@Current Price - PdiffL | ||
| Exit with Profit: | ||
| a) Trailing Stop Loss | ||
| If | ||
| Target is met, exit if 20% of target profit is lost (For example, if target is 50, revise stop loss will be at 40, and so on) | ||
| If Profit > Target then | ||
| Stoploss = Profit * 80% | ||
| Endif | ||
| b) If reverse call is generated | ||
| If current price < ORL AND | ||
| (Moving Average < ORH OR | ||
| If Inside bar is True OR | ||
| (High and low of current bar is less than High and Low of Previous Bar) | ||
| c) End of day exit at 3:25 pm | ||
| Money Management Stop: | ||
| if | ||
| Loss is > = SlossL | ||
| Price is < ORL OR | ||
| price is < HVBL | ||
| Generate sound alert and send SMS to predefined numbers | ||
Many thanks,
Naveen