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Black Line Code

The document describes a trading strategy that uses candle highs and lows to calculate call and put strike prices and targets. It places orders to buy calls and puts at the calculated strikes and squares off positions at the target prices during a specified trading session window.

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apoorvalokesh1216
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© © All Rights Reserved
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10 views

Black Line Code

The document describes a trading strategy that uses candle highs and lows to calculate call and put strike prices and targets. It places orders to buy calls and puts at the calculated strikes and squares off positions at the target prices during a specified trading session window.

Uploaded by

apoorvalokesh1216
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=4

strategy("Candle H/L - TARGET", overlay = true, calc_on_every_tick=true,


process_orders_on_close=true)

square = input("1500",title = "Square Off Timings")


api = input("48108702-709a-4eb5-9188-d858f97bf825",title = "API KEY")
nbf = input(title="NIFTY/BANKNIFTY", type=input.bool, defval=false)
date = input("09",title = "Expirty Date")
mon = input("SEP",title = "Expirty Month")

ce_strike = input(title="CE calc", type=input.integer, defval=200, minval=0,


maxval=2000)
pe_strike = input(title="PE calc", type=input.integer, defval=200, minval=0,
maxval=2000)

ce_target = input(title="CE TARGET", type=input.integer, defval=140, minval=0,


maxval=5000)
pe_target = input(title="PE TARGET", type=input.integer, defval=160, minval=0,
maxval=5000)

st = time(timeframe.period,"0936-"+square)
t = time(timeframe.period, "0924-0935" + ":1234567")

is_newbar(res) => change(time(res)) != 0


in_session = not na(t)
is_first = in_session and not in_session[1]
can_high = float(na)
can_low = float(na)
if is_first
can_high := high
can_low := low
else
can_high := can_high[1]
can_low := can_low[1]
if high > can_high and in_session
can_high := high
if low < can_low and in_session
can_low := low

//strike selection
//
==================================================================================
mid_value = nbf ? 25 : 50
IndexMultiplier= nbf ? 50 : 100
mod_CE= can_high % IndexMultiplier
CE = iff(mod_CE>=mid_value,can_high+IndexMultiplier-mod_CE,can_high-mod_CE) -
ce_strike

mod_PE= can_low % IndexMultiplier


PE = iff(mod_PE>=mid_value,can_low+IndexMultiplier-mod_PE,can_low-mod_PE) +
pe_strike

//
==================================================================================

index = nbf ? "NIFTY" : "BANKNIFTY"


Lx = '{"command": "PLACE_ORDERS","apiKey": "'+api+'","orders": [{"account":
"HIGH_PROFILE","group": true,"variety": "REGULAR","exchange": "NSE","symbol":
"'+index+'_'+date+'-'+mon+'-2021_CE_'+tostring(CE)+'","tradeType":
"BUY","orderType": "MARKET","validity": "DAY","productType": "INTRADAY","quantity":
25}]}'
Le = '{"command": "SQUARE_OFF_POSITION","apiKey": "'+api+'","positions":
[{"account": "HIGH_PROFILE","group": true,"category": "NET","exchange":
"NSE","symbol": "'+index+'_'+date+'-'+mon+'-2021_CE_'+tostring(CE)+'","type":
"MIS"}]}'

Sx = '{"command": "PLACE_ORDERS","apiKey": "'+api+'","orders": [{"account":


"HIGH_PROFILE","group": true,"variety": "REGULAR","exchange": "NSE","symbol":
"'+index+'_'+date+'-'+mon+'-2021_PE_'+tostring(PE)+'","tradeType":
"BUY","orderType": "MARKET","validity": "DAY","productType": "INTRADAY","quantity":
25}]}'
Se = '{"command": "SQUARE_OFF_POSITION","apiKey": "'+api+'","positions":
[{"account": "HIGH_PROFILE","group": true,"category": "NET","exchange":
"NSE","symbol": "'+index+'_'+date+'-'+mon+'-2021_PE_'+tostring(PE)+'","type":
"MIS"}]}'

target_CE = can_high + ce_target


target_PE = can_low - pe_target

plot(target_CE , style=plot.style_line, color=can_high[1] != can_high ? na :


color.blue, title="TGT High", linewidth=2)
plot(target_PE , style=plot.style_line, color=can_low[1] != can_low ? na :
color.blue, title="TGT Low", linewidth=2)
// longCondition = crossover(close,target_CE) and st// and barstate.isconfirmed
// shortCondition = crossunder(close,target_PE) and st// and barstate.isconfirmed

// var h_line = close

// var l_line = close

// if longCondition
// h_line := high

// if shortCondition
// h_line := 1000000

// if not st
// h_line := 1000000
// l_line := 0

// if shortCondition
// l_line := low

// if longCondition
// l_line := 0

strategy.entry(id="Long", long=true , stop = target_CE,comment = Le, when = st)

strategy.entry(id="Short", long=false , stop = target_PE,comment = Se, when = st)

strategy.close_all(when = not st)//, comment = Le)

strategy.cancel("Long" , when =target_CE != target_CE[1] )


strategy.cancel("Short" , when =target_PE != target_PE[1] )

//end//

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