I have one maybee more 🙂 Then u can trade some price action with swtchback..
You scroll thrue the chart and you see a i big long breakout and want to wait for the pull back,, can be hours /day u need to wait.. The software have price border for stop the buy and sell orders in the bot.
Maybee can have does price to start the cbot at thoes price??(allowed to trade)
Start the bot att sell target price ,used for buy order in the exampel above..
The short explaine cbots price stopp in swtchback cbot we cal" Buy target "and "Sell target"
with that we get 4 senarious.
Price hit Buy target price -- Sell Algo start allowed to trade
Price hit Sell target price -- Buy Algo start allowed to trade
Price hit Buy target Prrice -- Then sell stop target hit -- Buy algo start allowed to trade
Price hit Sell target Price--- Then Buy target price hit -- Sell Algo start allowed to trade
2 . Start Switchback Algo (allow to trade) when price hit "freesh" untouched price area
price in cbot or a line /"box" on chart???
Not toushed since > X min/days
Not toushed less < X min/days
- If you want to go qick in qick out .. Trading stop after one serie of sucess. or only One day cbot is allowed