Candle checker for long/short for scalping/day trading — Strategy by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: OANDA:EURCAD
- Timeframe: 5 minutes
- Net P&L: −0.001 CAD (0.00%)
- Win Rate: 0.0%
- Profit Factor: 0
- Max Drawdown: 0.001 CAD (0.00%)
- Total Trades: 5
- Sharpe Ratio: −53,207.461
Description
Hey.This strategy is still in working.For it I check a x amount of candles in the past if they been for example all red/green in row, and based on that I enter. For example candle 7 < candle 6 .... candle 3 < candle 2 .... candle 1 < candle current for long and viceversa for short.After that,once the trade is initiated, I exit based on 2 possibilities : candle color is different than the color of candle when entry, or based tp/sl.Let me know what you think of it.I will try to make the process to calculate automatically and input the number of candles to check like 5-10-15 and so on.