Comment on algoZ- a simple example
SIR ,
I WANT TO CODE THE BELOW SYSTEM :-
INTRADAY SYSTEM – 1
TURNING POINT = (Previous Close+Open+ATP)/3
BUY – IF 5 MINUTE TIME FRAME CANDLE CLOSE ABOVE TURNING POINT , THEN PLACE BUY ORDER JUST ABOVE THE LAST 5 MINUTE CANDLE HIGH .
EXIT – JUST BELOW LAST 30 MINUTES LOW .
SELL – IF 5 MINUTE TIME FRAME CANDLE CLOSE BELOW TURNING POINT , THEN PLACE SELL ORDER JUST BELOW THE LAST 5 MINUTE CANDLE LOW.
EXIT – JUST ABOVE LAST 30 MINUTES HIGH .
INTRADAY SYSTEM – 2
BUY – IF 5 MINUTE TIME FRAME CANDLE CLOSE ABOVE PIVOT POINT . THEN PLACE BUY ORDER JUST ABOVE THE LAST 5 MINUTES CANDLE HIGH .
EXIT – IF 5 MINUTE CANDLE CLOSE BELOW LAST SUPPORT LEVEL.
SELL – IF 5 MINUTE TIME FRAME CANDLE CLOSE BELOW PIVOT POINT . HEN PLACE SELL ORDER JUST BELOW THE LAST 5 MINUTE CANDLE LOW.
EXIT – IF 5 MINUTE CANDLE CLOSE ABOVE LAST RESISTANCE LEVEL.
THANKS IN ADVANCE