Improved momentum-based trading algorithm based on my previous Merlin V6 script. Adjusted trade filtering rules to improve net return and profit factor on both long and short positions.
Works best with mid time-frame Heikin-Ashi data.
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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.