Candlestick Pattern Strategy 1

// This is a simple strategy based on a candlestick pattern for scalping.
// © 2023 Geraked, Rabist
// Licensed under MIT

// Backtesting result:
//      Symbol:             EURJPY
//      Timeframe:          1 MIN
//      Range:              2023-07-02 — 2023-07-12
//      Percent Profitable: 78.2%
//      Total Trades:       344
//      Profit Factor:      1.482


//@version=5
strategy("Candlestick Pattern Strategy 1", "CP1", overlay=true)

reverse = input.bool(true, "Reverse Signal")

longSignal = close > open and close[1] > open[1] and open[1] < open and close > close[1] and low < low[1] and low < open[1]
longStop = low

shortSignal = close < open and close[1] < open[1] and open[1] > open and close < close[1] and high > high[1] and high > open[1]
shortStop = high

if (longSignal)
    if (not reverse)
        strategy.entry("long", strategy.long)
        inn = strategy.opentrades.entry_price(strategy.opentrades - 1)
        longTp = inn + (inn - longStop)
        strategy.exit("exit", "long", stop=longStop, limit=longTp, comment_loss="Stop long", comment_profit="TP long")
    else
        strategy.entry("short", strategy.short)
        inn = strategy.opentrades.entry_price(strategy.opentrades - 1)
        longTp = inn + (inn - longStop)
        strategy.exit("exit", "short", stop=longTp, limit=longStop, comment_loss="Stop short", comment_profit="TP short")   

if (shortSignal)
    if (not reverse)
        strategy.entry("short", strategy.short)
        inn = strategy.opentrades.entry_price(strategy.opentrades - 1)
        shortTp = inn - (shortStop - inn)
        strategy.exit("exit", "short", stop=shortStop, limit=shortTp, comment_loss="Stop short", comment_profit="TP short")
    else
        strategy.entry("long", strategy.long)
        inn = strategy.opentrades.entry_price(strategy.opentrades - 1)
        shortTp = inn - (shortStop - inn)
        strategy.exit("exit", "long", stop=shortTp, limit=shortStop, comment_loss="Stop long", comment_profit="TP long")