general question, I'm trying to write a backtest Pine script that will sell an option based upon the first four (4) candles on the trading day - the idea here is that the option sold would end the day out of the money.
So my first question is can only the first 4 candles be used to initiate the trade and then the days close value be used to see if the trade was successful?
The second question is how would I be able to trigger the opening of the trade when the trade is technically a "sell" to start?
Concept here - so I haven't coded yet.