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.