OPEN-SOURCE SCRIPT

TFS: MBO Backtest

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MBO indicator is the third component of TFS trading system. This indicator
was developed by Bryan Strain and Mark Whitley.
The idea of MBO is similar to moving average convergence/divergence (MACD)
indicator. It is calculated by subtracting the 200-day moving average from
the 25-day moving average.

You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.

Aviso legal

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