The essence of the strategy is in detecting volumes, with 4 intervals being set. It checks that the average prices and volumes increased from the previous interval to the subsequent one. The increase is set as a percentage. If you set 0%, the condition effectively becomes 'price (volume) did not decrease.' To exclude the check for price/volume growth on a specific interval, you need to enter a large negative number in the corresponding parameter, which will allow the condition to pass. In other words, the condition check for that interval will always succeed (except for extreme cases where the price/volume actually drops below the specified negative value).
Notation: T – time intervals, P – prices, V – volumes.
General Parameters
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VLiteT0: field for specifying the time interval T0 in whole seconds (see figure above);
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VLiteT1: field for specifying the time interval T1 in whole seconds (see figure above);
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VLiteT2: field for specifying the time interval T2 in whole seconds (see figure above);
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VLiteT3: field for specifying the time interval T3 in whole seconds (see figure above);
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VLiteP1: field for specifying the minimum price growth value P1 from the previous time interval T0 to the subsequent time interval T1, in percent. P1: Price1 > Price0;
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VLiteP2: field for specifying the minimum price growth value P2 from the previous time interval T1 to the subsequent time interval T2, in percent. P2: Price2 > Price1;
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VLiteP3: field for specifying the minimum price growth value P3 from the previous time interval T2 to the subsequent time interval T3, in percent. P3: Price3 > Price2;
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VLiteMaxP: field for specifying the maximum growth for each interval, in percent;
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VLitePDelta1: field for specifying the price growth delta PDelta1 when comparing values, i.e., how much P2 > P1, in percent;
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VLitePDelta2: field for specifying the price growth delta PDelta2 when comparing values, i.e., how much P3 > P2, in percent;
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VLiteDelta0: field for specifying the price change value on the zero interval: the difference between the maximum and minimum price within interval T0, in percent;
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VLiteMaxSpike: field for specifying the maximum difference between the maximum price on the interval and the average price, in percent. Used to exclude spikes;
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VLiteV1: field for specifying the volume growth value from the previous time interval T0 to the subsequent time interval T1, in percent;
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VLiteV2: field for specifying the volume growth value from the previous time interval T1 to the subsequent time interval T2, in percent;
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VLiteV3: field for specifying the volume growth value from the previous time interval T2 to the subsequent time interval T3, in percent;
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VLiteWeightedAvg: YES/NO checkbox. Used to calculate average prices.
If YES is set, a volume-weighted average is calculated for the interval.
If NO is set, the average is calculated based on the number of trades in the interval;
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VLiteReducedVolumes: YES/NO checkbox.
If YES is set, calculate volume per minute.
If NO is set, use the full volume for the interval.
