LOG X Algo Strategy AZT
Strategy Premise
This Strategy uses the Natural Log this Log X is Crossover The Lower Standard Deviation Send Long Condition and Log X Cross under upper standard Deviation send Short Condition.
Strategy Logic
Long Entry: Send LE when LogX cross Over Lower Band
Long Exit: Either when SL or Target is hit. If SL/TGT is not hit and LogX cross Under Upper Band, send LX and SE
Short Entry: Send SE when LogX cross Under Upper Band
Short Exit: Either when SL or Target is hit. If SL/TGT is not hit and LogX Cross Over Lower Band send SX and LE
Log X Strategy Parameters for TradingView Charts
Z Length: Number of bars to Lookback
Trade Quantity: This is used to specify the trade quantity
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit
Custom Target in Points: Movement in chart price against the momentum which will trigger exit
Setting Up Alert
Before setting up an alert make sure that You have selected the desired script, timeframe, strategy settings, API bridge is configured and running. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: do not change any settings during live trading.
This Strategy uses the Natural Log this Log X is Crossover The Lower Standard Deviation Send Long Condition and Log X Cross under upper standard Deviation send Short Condition.
Strategy Logic
Long Entry: Send LE when LogX cross Over Lower Band
Long Exit: Either when SL or Target is hit. If SL/TGT is not hit and LogX cross Under Upper Band, send LX and SE
Short Entry: Send SE when LogX cross Under Upper Band
Short Exit: Either when SL or Target is hit. If SL/TGT is not hit and LogX Cross Over Lower Band send SX and LE
Log X Strategy Parameters for TradingView Charts
Z Length: Number of bars to Lookback
Trade Quantity: This is used to specify the trade quantity
Custom Stop Loss in Points: Movement in chart price against the momentum which will trigger exit
Custom Target in Points: Movement in chart price against the momentum which will trigger exit
Setting Up Alert
Before setting up an alert make sure that You have selected the desired script, timeframe, strategy settings, API bridge is configured and running. Click in settings add alert and paste {{strategy.order.comment}} in message box.
Important: do not change any settings during live trading.