OPEN-SOURCE SCRIPT
FTSE Fridays
This code snippet below is a quick and dirty follow up to some statistical analysis performed on the FTSE 100. It showed that over the long run, (since 1995) going long on a Friday appeared to have a statistical edge (53%). As a bit of fun, I wanted to create a quick pine script backtest to test this and see if it is possible to profit from it. After all, the index might finish up 53% of the time, but that doesn't mean one can profit from it.
A full commentary to the script and FTSE analysis post can be found on the Backtest-Rookies website. To comply with house rules, I cannot post a direct link here.
Important Note
The script must run on the 4H time frame…..Why? It is a quick and dirty implementation and it relies on entering a long position on the 4H bar before the market opens. This way the position will enter at the open of the market. (Since positions are always opening on the bar following an entry signal).
A full commentary to the script and FTSE analysis post can be found on the Backtest-Rookies website. To comply with house rules, I cannot post a direct link here.
Important Note
The script must run on the 4H time frame…..Why? It is a quick and dirty implementation and it relies on entering a long position on the 4H bar before the market opens. This way the position will enter at the open of the market. (Since positions are always opening on the bar following an entry signal).
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。