Specifiche
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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