Comment on Code your Technical Analysis strategy
Can we put the previous close value in our strategy ,as you mentioned? OPEN < 5300 * 0.99 ,in 1 minute or 5 minute?
Ans: Yes
can we put our value ,if we want to buy if market opens above 5400 like this, OPEN > 5400 * 0.10,IN 1 min. or 5 min.
Ans: Yes
pls explain, how can I write my strategy,if I want to sell nifty future opens 5 points below 5400 on monday ?
Ans: CLOSE > 5395
And if I want to buy nifty future if opens 5 points above 5400 ? why sma 1 is not working and not getting backtest result?
Ans: CLOSE > 5405
SMA (CLOSE, 1) is the same as CLOSE; you’ll need more than 1 bar to compute an average.