LANZ Strategy 6.0

Aug 11

🔷 LANZ Strategy 6.0 — NY Session Entry Tool & Multi-Account Risk Manager

LANZ Strategy 6.0 - Is a trading tool designed to help traders plan, execute, and manage operations with a focus on risk management, multi-account handling, and visual clarity.
It works exclusively on the 1-hour timeframe ⏳ and is optimized for the New York market opening dynamics.

🧠 Core Concept

The strategy identifies bullish trading opportunities based on the 09:00 NY candle. Once detected, it automatically calculates and draws:

• EP (Entry Price) — The exact level where the trade setup triggers.
  
• SL (Stop Loss) — Based on a customizable percentage of the candle's high–low range or wick extremes.
  
• TP (Take Profit) — Calculated using your chosen Risk–Reward Ratio (e.g., 1:5, 1:3, etc.).
  

⚙️ Main Features

⏳ Time-Specific Execution

• Operates only when the 09:00 NY candle closes bullish.
  
• Ideal for traders who align with the New York Session market structure.
  

💰 Multi-Account Lot Size Management

• Up to 5 independent accounts can be configured with their own capital and risk %, showing the exact lot size to use for each.
  

📏 Adaptive Risk Control

• Supports both Forex and non-Forex assets (indices, gold, oil).
  
• For non-Forex, you can manually define the pip value according to your broker’s specs.
  

🎨 Visual Trade Map

• Automatically plots clean and easy-to-read EP, SL, and TP lines with customizable colors, styles, and thickness.
  
• A floating information panel displays levels, pip distances, and lot sizes.
  

🔔 Real-Time Alerts

• Alerts for:
  

1. Entry signal detection.
   
2. Stop Loss hit.
   
3. Take Profit hit.
   
4. Manual close at the defined session end.
   

📊 Example
If you trade GBPUSD with Account #1 set to $10,000 and 2% risk,
and the 09:00 NY candle closes bullish with SL = 30 pips and RR = 5:1:

• EP, SL, and TP levels are drawn instantly.
  
• Risk = $200 (2% of $10,000).
  
• Lot size is calculated automatically.
  
• All details are shown in the on-chart panel.
  

🛠️ How to Use

• Load the indicator on a 1-hour chart.
  
• Configure risk settings and account data.
  
• Wait for the 09:00 NY candle to close bullish.
  
• Use the displayed lot size and levels to execute your trade.
  
• Let the tool alert you for SL, TP, or manual close.
  

⚠️ Disclaimer:

• This script is for educational purposes only. It does not guarantee profits and past performance does not represent future results. Always manage your risk responsibly.
  

👨‍💻 Credits:
💡 Developed by: LANZ
🧠 Execution Model & Logic Design: LANZ
📅 Designed for: 1H timeframe and NY-based entries

Aug 19

Release Notes

Update - 🎁

Adjusted the plotting of EP, SL, and TP lines to start from bar_index + 1 for cleaner alignment with future bars and improved visual clarity.