LANZ Strategy 5.0 [Backtest]

🔷 LANZ Strategy 5.0 [Backtest] — Rule-Based BUY Logic with Time Filter, Session Limits and Auto SL/TP Execution

This is the backtest version of LANZ Strategy 5.0, built as a strategy script to evaluate real performance under fixed intraday conditions. It automatically places BUY and SELL trades based on structured candle confirmation, EMA trend alignment, and session-based filters. The system simulates real-time execution with precise Stop Loss and Take Profit levels.

📌 Built for traders seeking to simulate clean intraday logic with fully automated entries and performance metrics.

🧠 Core Logic & Strategy Conditions

✅ BUY Signal Conditions:

1. Price is above the EMA200
   
2. The last 3 candles are bullish (close > open)
   
3. The signal occurs within the defined session window (NY time)
   
4. Daily trade limit has not been exceeded
   

If all are true, a BUY order is executed at market, with SL and TP set immediately.

🔻 SELL Signal Conditions (Optional):
Exactly inverse to BUY (below EMA + 3 bearish candles). Disabled by default.

🕐 Operational Time Filter (New York Time)

You can fully customize your intraday window:

• Start Time: e.g., 01:15 NY
  
• End Time: e.g., 16:00 NY
  

The system evaluates signals only within this range, even across midnight if configured.

🔁 Trade Management System

• One trade at a time per signal
• Trades include a Stop Loss (SL) and Take Profit (TP) based on pip distance
  
• Trade result is calculated automatically
  
• Each signal is shown with a triangle marker (BUY only, by default)
  

🧪 Backtest Accuracy

This version uses:

• strategy.order() for entries
  
• strategy.exit() for SL and TP
  
• strategy.close_all() at the configured manual closing time
  

This ensures realistic behavior in the TradingView strategy tester.

⚙️ Flow Summary (Step-by-Step)

On every bar, check:

• Is the time within the operational session?
  
• Is the price above the EMA?
  
• Are the last 3 candles bullish?
  

If conditions met → A BUY trade is opened:

• SL = entry – X pips
  
• TP = entry + Y pips
  

Trade closes:

• If SL or TP is hit
  
• Or at the configured manual close time (e.g., 16:00 NY)
  

📊 Settings Overview

• Timeframe: 1-hour (ideal)
• SL/TP: Configurable in pips
  
• Max trades/day: User-defined (default = 99 = unlimited)
  
• Manual close: Adjustable by time
  
• Entry type: Market (not limit)
  
• Visuals: Plotshape triangle for BUY entry
  

👨‍💻 Credits:
💡 Developed by: LANZ
🧠 Strategy logic & execution: LANZ
✅ Designed for: Clean backtesting, clarity in execution, and intraday logic simulation