Premium Strategy

If you want to back-test the strategy on strategy analyzer, then you will need to check the box beside the parameter ‘IsBacktesting’; otherwise back-testing result may not be accurate. But if you are using this strategy on live data for live or sim trading, then you need to make sure to keep this box unchecked. This parameter is pointed by yellow left arrow in Image – 4. Now you can manage the minimum EMA spread required to consider a market move as trend or not, by defining a value in parameter ‘EMA Spread in Ticks’ in the settings, which is within light blue rectangle in Image – 5. Now when the strategy is ready to place entry order, you can manage how far away the pending entry order or stop loss  order should be placed from the triggered bar, from the parameters in the settings ‘Entry Distance From Bar in Ticks’ and ‘SL Distance From Bar in Ticks’ respectably. Both these options are within the light blue rectangle in Image – 5. You can also change the quantity to enter from the ‘OrderSize’ parameter; but it has to be min 3 or multiple of 3. You can also find this parameter within the same light blue rectangle in Image – 5. 

Now, if you want to receive email alerts for order executions, you can simply check the box beside the parameter ‘Send Email Alerts’ and type your email address within the box beside the parameter ‘Email Address’. Both of these parameters are highlighted by lime green rectangle in Image – 7. You can also manage how many EMAs you want to use with this strategy to check whether current market is on trend or not, by checking the specific EMAs’ numbered boxes; and at the same time you can also customize the periods as you desire. You can also change the EMAs’ color or plot lines’ width from this section of settings. All these are within the purple rectangle in Image – 8. You can also select time ranges and particular days when you want this strategy to place orders for you, from the settings within pink rectangle in Image – 9.