User's Guide

• Disclaimer
• Introduction
• Charting
  • Risk Tolerance in dollar amount to calculate # of shares to buy/short
  • Test the strategy as :
  • Close any open position if an Alpha candle forms in the opposite direction before the target
  • Pyramid the same trade upto 4 levels when another Alpha candle forms in the same direction
  • Test the strategy between the following dates
  • Start Time
  • End Time
  • You acknowledge that…Strategy will update the chart in the same fashion as an indicator when “On Every Tick” is Turned ON, which is “ON” by default.
  • Show Risk Tolerance label on Chart
  • Show Target1, Target2 Reward area on the chart
  • Change Target1 Reward Value to :
  • Change Target2 Reward Value to :
  • Show Reward Value Label
  • Do NOT show previous Reward Value Labels on the chart
  • Show Reward Target $ amount in the Reward Value Label
  • Stop Loss calculation value [5-50]
  • Show Green Alpha Stop Loss Area
  • Show Red Alpha Stop Loss Area
  • Show Stop Loss Value under the Alpha Candle
  • Do NOT show previous Stop Loss Values on the chart
  • Show Green Alpha Resistance before the breakout
  • Show Red Alpha Support on the breakdown
  • Green Alpha Resistance Lookback Period [1-55]
  • Red Alpha Support Lookback Period [1-55]
  • Show Alpha Candle Midline (%50 Retracement area)
  • Delete Previous Support / Resistance Lines from the chart
  • Green Alpha Candle Colour
  • Red Alpha Candle Colour
  • PinBar Candle Colour
  • Show a diamond on top of the PinBar Candle
  • Risk Tolerance Label Colour
  • Target1, Target2 Reward area color
  • Stop Loss Line Colour
  • Stop Loss Line Thickness
  • Small triangle color for Stop Loss
  • Green Alpha Resistance Color
  • Green Alpha Resistance Thickness
  • Red Alpha Support Thickness
  • Red Alpha Support Colour
  • Alpha Candle Midline Colour
  • Alpha Candle Midline Thickness
• Volume