OPEN-SOURCE SCRIPT

robotrading trendweek

The blue line is the closing price of the week.

Strategy

If the price is above the blue line - this is uptrend.
If the price is below the blue line - it is downtrend.

If the low candlestick is above the line - you should open a long position (and close a short position, if open).
If the high candle is below the line - you should open a short position (and close a long position, if open).
Reverse trading.

Crossing

A crossing is defined as an event, when the whole candle is above the line (high > line), or below the line (low < line). This method greatly reduces the number of false signals.

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