TFs I Love Mondays V1

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.

Versionsinformation:

renamed strategy name

Versionsinformation:

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.