This script attempts to identify the trend and go with it. Green colored squares are bullish, Black squares are bearish. Script is written to show back-test results. Dates of back-test period can be adjusted. Strategy is for Long trades only, but closed trades could possibly be considered for Short trades. Coded with latest PineScript version 3.
For more information and to request for use, go to: marketcast.wordpress.com Thanks for your interest and support!
Disclaimer: This information is not trading advice and is for educational purposes only. Past performance is not a guarantee of future results.
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code
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code change
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New look. Multiple indicators.
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Change wording in option settings
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Comments
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Changed legend color
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Change default behavior so description only displays if chosen.
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Update
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Change default setting long setting off instead of on