I have purchased the Graybox automated trading solution from Beyond Bot where I can program and implement my own strategy. However, I don't have even the beginning of skills or confidence to attempt to build the strategy I am thinking of. The strategy is not difficult in nature but the speed of execution and tape reading is not something I can assess and do with any level of accuracy or consistency.
A brief description is this; each morning before the cash market opens I will determine three moveable levels below and three levels above where the market is trading at the open. Until the market reaches the first level; up or down, the market is considered to be in a neutral zone or no trade zone. However, once the market reaches the first level, the system will start to read order flow for a favorable condition to go long if the first level hit is the upper level or read order flow for a favorable condition to go short if the first level hit is the lower level. The system will automatically take a trade with three predefined profit targets and a trailing stop trigger.