LANZ Strategy 6.0 [Backtest]

🔷 LANZ Strategy 6.0 [Backtest] — Precision Backtesting Based on 09:00 NY Candle, Dynamic SL/TP, and Lot Size per Trade

LANZ Strategy 6.0 [Backtest] is the simulation version of the original LANZ 6.0 indicator. It executes a single LIMIT BUY order per day based on the 09:00 a.m. New York candle, using dynamic Stop Loss and Take Profit levels derived from the candle range. Position sizing is calculated automatically using capital, risk percentage, and pip value — allowing accurate trade simulation and performance tracking.

📌 This is a strategy script — It simulates real trades using strategy.entry() and strategy.exit() with full money management for risk-based backtesting.

🧠 Core Logic & Trade Conditions

🔹 BUY Signal Trigger:

• At 09:00 a.m. NY (New York time), if:
  
• The current candle is bullish (close > open)
  
• → A BUY order is placed at the candle’s close price (EP)
  
• Only one signal is evaluated per day.
  

⚙️ Stop Loss / Take Profit Logic

SL can be:

Wick low (0%)
Or dynamically calculated using a % of the full candle range
TP is calculated using the user-defined Risk/Reward ratio (e.g., 1:4)
The TP and SL levels are passed to strategy.exit() for each trade simulation.

💰 Risk Management & Lot Size Calculation

Before placing the trade:

• The system calculates pip distance from EP to SL
  
• Computes the lot size based on:
  
• Account capital
  
• Risk % per trade
  
• Pip value (auto or manual)
  
• This ensures every trade uses consistent, scalable risk regardless of instrument.
  

🕒 Manual Close at 3:00 p.m. NY

• If the trade is still open by 15:00 NY time, it will be closed using strategy.close().
  
• The final result is the actual % gain/loss based on how far price moved relative to SL.
  

📊 Backtest Accuracy

• One trade per day
  
• LIMIT order at the candle close
  
• SL and TP pre-defined at execution
  
• No repainting
  
• Session-restricted (only runs on 1H timeframe)
  

✅ Ideal For:

• Traders who want to backtest a clean and simple daily entry system
  
• Strategy developers seeking reproducible, high-conviction trades
  
• Users who prefer non-repainting, session-based simulations
  

👨‍💻 Credits:
💡 Developed by: LANZ
🧠 Logic & Money Management Engine: LANZ
📈 Designed for: 1H charts
🧪 Purpose: Accurate simulation of LANZ 6.0's NY Candle Entry system