//@version=4
strategy("Price Channel Strategy", overlay=true)
length = input(20)
hh = highest(high, length)
ll = lowest(low, length)
u=plot(hh, color=color.blue, linewidth=2)
l=plot(ll, color=color.red, linewidth=2)
fill(u,l, transp=90)
plot(avg(hh,ll), style=3, color=color.gray)
//time conditions
//INTRADAY
s=input(title="INTRA DAY TRADE SESSION",type=input.session,defval="0915-1450")
st=time(timeframe.period,s)
e=input(title="END SESSION",type=input.session,defval="1515-1520")
et=time(timeframe.period,e)
symbol=syminfo.ticker
//trading custom quantities
quant=input(title="Trade Quantity",defval=1)
lxse="TYPE: LX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

sxle="TYPE: SX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

le="TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

lx="TYPE:LX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

se="TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

sx="TYPE:SX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant)

if ((not na(close[length])) and strategy.position_size==0)
//Restricting entry time
    strategy.entry("LE", strategy.long, stop=hh + syminfo.mintick,comment=le,when=st)
    strategy.entry("SE", strategy.short, stop=ll - syminfo.mintick,comment=se,when=st)

if ((not na(close[length])) and strategy.position_size!=0)
//Restricting entry time
    strategy.entry("LE", strategy.long, stop=hh + syminfo.mintick,comment=sxle,when=st)
    strategy.entry("SE", strategy.short, stop=ll - syminfo.mintick,comment=lxse,when=st)

//adding stoploss and target option
ut=input(defval=false,title="USE TARGET")
us=input(defval=false,title="USE STOPLOSS")
tar=input(defval=10.0,title="TARGET IN RS")
stop=input(defval=7.0,title="STOP LOSS IN RS")
tar:=tar/syminfo.mintick
stop:=stop/syminfo.mintick
if(ut==true and us==false)
    strategy.exit(id="LX",from_entry="LE",profit=tar,comment=lx)
    strategy.exit(id="SX",from_entry="SE",profit=tar,comment=sx)
if(us==true and ut==false)
    strategy.exit(id="LX",from_entry="LE",loss=stop,comment=lx)
    strategy.exit(id="SX",from_entry="SE",loss=stop,comment=sx)
    
if(ut==true and us==true)
    strategy.exit(id="LX",from_entry="LE",profit=tar,loss=stop,comment=lx)
    strategy.exit(id="SX",from_entry="SE",profit=tar,loss=stop,comment=sx)
//ADDING SQUAREOFF TIME
strategy.close(id="LE",when=et,comment=lx)
strategy.close(id="SE",when=et,comment=sx)