Develop Tradingview Pinescript indicator

Tarea técnica

My strategy I’m looking to  turn into code. 

Trading Instrument - Crude  Oil Futures (CL) Chart and  Timeframe - 30-second chart  Entry Setup

 1. Time Focus on the first  30-second candle after 11:00: 00 AM New York time. (11:00: 00 candle)

 2. Candle Size Limit : Skip  the trade if the first candle  is greater than 10 points. 

3. Entry Orders - Place stop  orders at the high and low of  the first 30-second candle  after 11:00:00.

 - Long Entry: If the price  breaks the high of the candle,  trigger a long position. 

- Short Entry: If the price  breaks the low of the candle,  trigger a short position. 

Take Profit Targets

 1. First Take Profit (TP1) 

- Set the first take profit  at the length of the entry  candle (candle range from  high to low).

 - Close half the position  once TP1 is hit.

 2. Second Take Profit (TP2) 

- Set the second take profit  at 2 times the length of the  entry candle.

 - Close the remaining  position at TP2. 

Stop Loss

 - The stop loss is placed at  the opposite end of the entry  candle: 

- For a long trade: Stop loss  is set at the low of the  entry candle.

 - For a short trade: Stop  loss is set at the high of  the entry candle.

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Información sobre el proyecto

Presupuesto
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