Hi,
Need strategy code for the following strategy can you please help me, I do not know coding so need help...
chart type: line and break (three line break)
time frame: 5 minutes
When the 1st bar/brick/candle becomes green (new/1st green bar/candle) in three line break charts then open long position
Stoploss as 1st/new red bar/candle/brick
And target for long position same as above 1st/new red bar/candle formed
Vice a versa for short positions
when 1st/new red bar/candle/brick is formed open short position
Stop loss as 1st/new green bar/candle/brick formation
Target also the same 1st/new green bar/candle/brick formation
basically what I am trying to do here is when we have the green bricks start forming in line and break charts I go long
and as green bricks become red I close long positions and take short positions
thank you so much for your help
Please suggest me what is the best platform for backtesting the strategies?
Need strategy code for the following strategy can you please help me, I do not know coding so need help...
chart type: line and break (three line break)
time frame: 5 minutes
When the 1st bar/brick/candle becomes green (new/1st green bar/candle) in three line break charts then open long position
Stoploss as 1st/new red bar/candle/brick
And target for long position same as above 1st/new red bar/candle formed
Vice a versa for short positions
when 1st/new red bar/candle/brick is formed open short position
Stop loss as 1st/new green bar/candle/brick formation
Target also the same 1st/new green bar/candle/brick formation
basically what I am trying to do here is when we have the green bricks start forming in line and break charts I go long
and as green bricks become red I close long positions and take short positions
thank you so much for your help
Please suggest me what is the best platform for backtesting the strategies?