Hey guys,
Just wanted to share a script I made for TradingView called HH-LL Trend Detector Strategy. It uses Higher Highs and Lower Lows to figure out if the market is going up or down.
You can totally backtest it since TradingView has free features. I made it especially for the Weekly timeframe. Would love to hear what you think!
Thanks!
New Trend Detection Script for TradingView
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Nice work on this!
I did some backtests and they look pretty solid. Here are the results:
https://ibb.co/hLWVLD8
https://ibb.co/KxW6rtm
But I wonder if this works in all market conditions. Like, what happens during sideways movement? Anyone tried it out?
Also, do you have any settings or tips for optimizing it further?