I would like to start auto trading in my zerodha account with below condition.
Instrument: Banknifty Future.
Time frame: 10 min.
I want to BUY Future When it breaks high of 2nd 10 mins candle with stop-loss of 100 points and target of 150 points.
And vice-versa I want to SELL Future When it breaks LOW of 2nd 10 mins candle with stop-loss of 100 points and target of 150 Points.
It should be executed once a daily When conditions matched.
Can you please help.
hello @STOCK_APP_DEVELOPER
I have created the strategy based on your requirements, refer to the link below:
Please note that the above is a Buy Side strategy that is created using the Dynamic Contract feature and the condition is created using the “Nth Candle” function. You can follow the same approach to create the strategy for Sell-side. Also, Streak uses OHLC data to check your entry-exit conditions. Since the OHLC data is only available after the close of the candle, your alerts will be generated after the close of the candle matching your conditions(i.e. at the opening of the next candle).
To learn more on Dynamic Contract and Nth Candle function, refer to the links provided below:
https://help.streak.tech/dynamic_contract/#steps-for-selecting-a-dynamic-contract
https://help.streak.tech/indicators/#nth-candle