Documentation

How to create low-code/no-code algo strategy for sample price action for intraday & swing?

2025-11-28 5 min read 73 views

✅ What are the calculations FindNex tool currently supports? 

✅ Trend & Direction

  • ema

  • supertrend

  • market_regime_filter

  • directional_adx

  • vwap

  • vwap_slope

  • ema_cross

  • indicator_is_rising

✅ Volatility & Risk

  • atr

  • atr_percent

  • bbands, bbw, donchian

✅ Volume Confirmation

  • volume_vs_sma

  • avg_volume

  • obv, obv_ema_check

  • mfi, cmf, adosc

✅ Candlestick & Rejection Logic

  • bullish_rejection_at_support

  • bearish_rejection_at_resistance

  • bullish_reversal_wick

  • bearish_reversal_wick

  • confirmation_candle

  • bearish_confirmation_candle


✅ Example Breakout Strategy Using Our No-Code Strategy Builder Feature

This is a direct CPR replacement strategy using:

  • EMA as CPR zone

  • VWAP as institutional fair price

  • Volume + ADX as breakout validator


✅ Example Strategy name

EMA + VWAP Institutional Breakout


✅ Example Use

Market Timeframe Asset
Intraday 5m / 15m Stocks + Indices
Swing 60m / Daily Largecaps

✅ Example Long - Buy Rules

✅ 1️⃣ TREND FILTER (MANDATORY)

market_regime_filter == Bullish AND directional_adx == Bullish Trend AND vwap_slope == Rising


✅ 2️⃣ CPR ZONE SUBSTITUTE (EMA = CPR TOP)

close > ema(length=50) AND indicator_is_rising(ema, 50) == Is Rising

This replaces:

❌ Price > CPR Top
✅ Price > Institutional Value Zone (EMA50 + VWAP)


✅ 3️⃣ Example Breakout Confirmation

confirmation_candle == Confirmed AND volume_vs_sma == Condition Met


✅ 4️⃣ Retest Substitute (Our Rejection Engine)

bullish_reversal_wick == Confirmed

This replaces:

❌ CPR Retest
✅ EMA Support Absorption


✅ ✅ ✅ BUY Entry Trigger 

All Above Conditions True


✅ Example Short - Sell Rules (Mirror)

market_regime_filter == Bearish AND directional_adx == Bearish Trend AND vwap_slope == Falling AND close < ema(length=50) AND indicator_is_rising(ema,50) == Is Falling AND bearish_reversal_wick == Confirmed AND volume_vs_sma == Condition Met


✅ Example Stop-Loss Using Target and Stop-Loss

Example: ATR-BASED 

StopLoss = Entry - (ATR * 1.2)


✅ Example Target Logic

Mode Rule
Safe 1:2 RR
Aggressive ATR × 3
Trail Last 2 candles low

✅ PART 3 - FindNex UI Strategy Builder (You can create your own)

 

🔹 Sample Buy Template

[ Market Regime = Bullish ] AND [ ADX Direction = Bullish Trend ] AND [ VWAP Slope = Rising ] AND [ Close > EMA (50) ] AND [ EMA Is Rising ] AND [ Bullish Reversal Wick = Confirmed ] AND [ Volume vs SMA = Condition Met ]


🔹 Sample Sell Template

[ Market Regime = Bearish ] AND [ ADX Direction = Bearish Trend ] AND [ VWAP Slope = Falling ] AND [ Close < EMA (50) ] AND [ EMA Is Falling ] AND [ Bearish Reversal Wick = Confirmed ] AND [ Volume vs SMA = Condition Met ]

 

Important Note & Disclaimer : The above information is for representation only and FindNex does not officially recommend to use any of these strategies for your trade, please use your own strategy to build in FindNex Algo Tool to trade or invest. We are only technology and automation provider. 

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