OPEN-SOURCE SCRIPT
7DIO Bulls - Trend Continuation (Weekly)
This strategy, 7DIO Bulls - Bull Market Support Band, identifies opportunities to buy when a faster moving average crosses above a slower one and exits when the reverse occurs. It operates on weekly data, ensuring smooth calculations by filling any gaps. Users can backtest trades within a customizable date range, with visuals for moving averages and crossovers included for clarity. Designed for long-only positions, it leverages 100% of equity per trade with adjustable slippage and commission settings for realistic simulation.
Disclaimer: This strategy is for educational and backtesting purposes only. Past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making trading decisions.
Disclaimer: This strategy is for educational and backtesting purposes only. Past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making trading decisions.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.