DAILY HIGH LOW CLOSE STRATEGY

DAILY HIGH LOW CLOSE STRATEGY:

1. I WOULD LIKE THE PREVIOUS DAY’S DAILY HIGH LOW AND CLOSE LINES TO BE PLOTTED ON MY CHART SO ON 13TH I SHOULD BE ABLE TO SEE HIGH LOW AND CLOSE OF 12TH.

2. I WOULD LIKE THEM TO BE UPDATED EVERY NIGHT AFTER 10PM AS MY DAILY CANDLES FINISH AT 10 PM

3. FOR BEARISH CANDLE THE CLOSE WILL BE AT BOTTOM WHILE FOR BULLISH THE CLOSE IS AT TOP OFCOURSE

4. ONCE THE LINES ARE PLOTTED I SHOULD BE ABLE TO SEE THEM ON ANY TIMEFRAME LOWER THAN WEEKLY SUCH AS D,4H,1H,30M,15M,5M AND 1 M

5. I SHOULD BE ABLE TO PULL AND AMEND THE LINES 

ENTRY FOR LONG POSITION:

ON 1 HR TIMEFRAME

1. IF THE CANDLE OF 11PM WHICH CLOSES AT 12 OR ANY CANDLE AFTER 11PM CLOSES ABOVE THE CLOSE OR THE HIGH OF THE DAY(MIDDLE LINE OR THE UPPER LINE) OPEN A LONG POSITION, 

2. IT SHOULD ALSO CONSIDER ANY CANDLE THAT OPEN BELOW THE BOTTOM LINE OR MIDDLE LINE BUT CLOSES ABOVE IT

3. CLOSE THE LONG IF ANY CANDLE CLOSES BELOW THE CLOSE OR THE HIGH

ENTRY FOR SHORT:

1. IF THE CANDLE OF 11PM WHICH CLOSES AT 12 OR ANY CANDLE AFTER 11PM CLOSES BELOW THE CLOSE OR THE LOW OF THE DAY(MIDDLE OR BOTTOM LINE) THEN OPEN A SHORT POSITION

2. IT SHOULD ALSO CONSIDER ANY CANDLE THAT OPEN ABOVE THE TOP LINE OR MIDDLE LINE BUT CLOSES BELOW IT

3. CLOSE THE SHORT IF THE CANDLE CLOSES ABOVE THE DAILY CLOSE OR THE DAILY LOW

A. THE SELL SHOULD CANCEL THE BUY AND THE BUY SHOULD CANCEL THE SELL 

B. SHOULD ALLOW ME TO HAVE OPTION IF I WANT TO DISABLE THE MIDDLE LINE WHICH IS THE DAILY CLOSE AND ALL THE FUNCTIONS AROUND MIDDLE LINE

C. I SHOULD BE ABLE TO AMEND THE POSITIONS MANUALLY

D. IT SHOULD NOT CLOSE MY MANUAL POSITONS