StockSharp.Strategies.0424_Full_Candle.py

Full Candle Strategy (Python Version)

The Full Candle setup enters when a candle closes beyond its EMA and leaves only a small wick on the breakout side. The intent is to trade momentum candles that show decisive action without much rejection. Optional percentage based take-profit and stop-loss exits manage the trade once it is open.

The system is best suited for short-term breakouts where strong candles often lead to quick follow-through.

Details

• Entry Criteria:
  • Long: bullish candle closing above EMA with shadow ≤ threshold
  • Short: bearish candle closing below EMA with shadow ≤ threshold
• Long/Short: Both sides
• Exit Criteria:
  • Take-profit or stop-loss percentages if enabled
• Stops: Optional
• Default Values:
  • EmaLength = 10
  • ShadowPercent = 5
  • TPPercent = 1.2
  • SLPercent = 1.8
• Filters:
  • Category: Breakout
  • Direction: Both
  • Indicators: EMA, price action
  • Stops: Optional
  • Complexity: Low
  • Timeframe: Short-term
  • Seasonality: No
  • Neural networks: No
  • Divergence: No
  • Risk level: Medium