OPEN-SOURCE SCRIPT

Trend Target

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  1. Determines the trend direction based on the last 3 candles.
  2. Provides a target (dotted line) and a stop loss (solid line) derived from the price action over the last 3 candles.
  3. Green dotted target is for a bullish position, red dotted target is for a bearish position and gray solid lines are for range-bound sideways movement amongst the last 3 candles.

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