Break Green trend line ---> Buy to the target level
( Stoploss if drop below red TL )
Drop below Red trend line ---> Sell to 1530 zone or lower to 1463
( Stoploss if above green TL )
IMO I bias in Long entry but we should wait till it breakout up or down to confirm.
Trailing stops play a key role in technical analysis and are extremely popular trend following indicators. Their main strength lie in their ability to minimize whipsaws while conserving a decent reactivity, the most popular ones include the Supertrend, Parabolic SAR and Gann Hilo activator. However, and like many indicators, most trailing stops assume an...
Since there has been some demand for the QQE (Qualitative Quantitative Estimation ) figured I should upload my modified version of it as well.
The Orginal script is from Glaz, this is not my original idea - all I did was pretty much smash two QQEs together.
So there are Two QQEs in one script, right? One that is shown on the chart as columns, and the other...
Example how to set the time range window to be backtested for both entries and exits. Additional examples are also included showing how to set the date range and toggle plot visibility.
By incorporating this code with your own strategy's logic, it will allow you to backtest various time windows.
Much gratitude to @LucF and @a.tesla2018 for help with including...