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Sathya: Short the high

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Short the High

This script has been developed as a professional service and is published only for customer verification/acceptance.

If you are interested in development services, either PM me or visit the Backtest-Rookies website (.com)

Summary
This strategy will attempt to take a short position within a time window only after X consecutive up days. Once X consecutive up days have been detected, two windows will open up. The first window tracks the high of the day. The second window will attempt to short the high of the day if price retests it.

Features

  • Tracking of consecutive up days using intra-day data
  • Opening a trade window when consecutive up days are detected
  • Tracking the high of a sub-session (user definable)
  • Shorting the high during a second sub-session (user definable)
  • Stop losses and take profits
  • End of sub-session close out option.
  • Buffer range from high of the day. So price does not need to retouch the high but can come with x rupees.
  • Background coloring of sub-sessions so it is easy to track trades
Notes de version
Fix for missing backtest period check
Notes de version
New Features

  • Added switch to turn take profit on/off
  • Added switch and option to close a position after x bars.
Notes de version
Fix - Cancels Limit orders at the end of the entry_window instead of the trade_window

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.