hammer backtest

weekly hammer backtest

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

Multitime frame completed(week, Close(0) higher than Open(0) ) and Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.3 ) higher than Abs( Multitime frame completed(week, Open(0) ) - Multitime frame completed(week, Close(0) ) ) ) and Multitime frame completed(week, Close(0) ) higher than 50 and ( Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.2 ) higher than Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Open(0) ) ) ) or Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.2 ) higher than Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Close(0) ) ) ) ) and Multitime frame completed(day, OBV(0) ) higher than 50000 and Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) ) higher than 0.0

BUY 1 share when Multitime frame completed(week, Close(0) higher than Open(0) ) and Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.3 ) higher than Abs( Multitime frame completed(week, Open(0) ) - Multitime frame completed(week, Close(0) ) ) ) and Multitime frame completed(week, Close(0) ) higher than 50 and ( Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.2 ) higher than Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Open(0) ) ) ) or Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) * 0.2 ) higher than Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Close(0) ) ) ) ) and Multitime frame completed(day, OBV(0) ) higher than 50000 and Abs( Multitime frame completed(week, High(0) ) - Multitime frame completed(week, Low(0) ) ) ) higher than 0.0 at day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of 5 or target profit % of 50 with a Trailing SL % of 5 at day candle interval using Candlestick chart chart.

Stop Loss

Target Profit

Stocks

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