Streak Scanner/Strategy - CPR- Narrow ORB Intraday Strategy - Need help

Streak - backtesting
1

hi all fellow Zerodha Streak users ,

Can anyone help me to build Scanner / Strategy based on CPR- Narrow ORB.
i have conditions outlined below.
FYI… this is the strategy i am looking for in Streak YOUTUBE LINK CPR- Narrow ORB Intraday Strategy
Stocks to scan :-

  1. CPR should be narrow for first two15 mins candles.

Buy / Sell Strategy :-

  1. Timeframe : 15 mins candle.
  2. Wait for 2 candles . i.e 09:15am to 09:45 am .
  3. 2nd candle i.e 09:30 to 09:45 candle high value and low value should be inside of first candle formed at 09:15 to 09:30 high and low.
  4. Entry of trade only after 09:45 am.
  5. Buy condition : if third candle crosses high of second candle.
  6. Sell Condition : if third candle crosses low of second candle.

I have attached image for reference.

Streak
Streak768×480 3.5 KB

I will be using this for studying and backtesting purpose.

appreciate your help
@Krishnendu @Streak
Thanks
Arjun

1 Like
2

@Streak @Krishnendu can you help me.

I have tried to build scanner , below is the screenshot,
is this correct…?

cpr1
cpr11034×629 28.1 KB

cpr2
cpr2992×860 30 KB

3
  1. CPR is a pivot point and remains the same for the day. It does not change candle by candle

For this you can use Nth candle. Also buy/sell can only happen for a strategy and for a scan. So first you need to run the scan and then select the stocks and create the strategy. Else, You can run all the conditions in the scanner and then place order from the result section.
Condition for strategy:

*Nth candle (2, High) lower than Nth candle (1, High) and *
Nth candle (2, Low) higher than Nth candle (1, Low) and
Close crosses above Nth candle (2, High)

For further details, refer to
https://help.streak.tech/

4

@Krishnendu thanks for reply, will let you know , further if i may need any help.

5

Could you make that strategy in streak?
How was backtesting report

Regards

Manish