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TFs I Love Mondays V1

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The strategy calculates highs and lows of the previous week, and uses them as resistance and support lines. If crossing such resistance/support lines, the strategy enters a long or short position, and exists an open position with predefined profit-targets and a stop-loss.
Notas de Lançamento
renamed strategy name
Notas de Lançamento
Input/Parameter description:
  • "Huge Range Threshold" defines the absolute range threshold which defines a huge range (Monday high-low).
  • "Profit-Target Offset (Ticks)" defines an offset (in ticks) which will be added on top of the calculated profit-targets PT1 and PT2.
  • "Stop-Loss Offset (Ticks)" defines an offset (in ticks) which will be added on top of the calculated stop-loss.
  • "Backtest Start/Stop" parameters allow to set the beginning and the end of the backtest period.
  • "Enable Long Trading" and "Enable Short Trading" allows to enable/disable long/short trading.

Please note, that some inputs are only visible in the "Invite Only" version of script.

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