WOW no repainting and no security() call! 100% real results! — Strategy by DasanC

trendanalysis movingaverage joke meme broken fakenews

If you couldn't tell by the title, this is a joke lmao.
TV has an awful backtesting engine and I just wanted to prove this with a super simple script.

We buy when close > open
and sell when close < open.

That's it.

There is also some risk management and trade closing when we reach a certain drawdown, but wait!
TradingView doesn't know what equity drawdown is because they don't use tick data or any lower timeframe data!Wowow!

Ps - all tickdata for Forex & CFD historical data is free from Dukascopy if you want to perform your own backtesting ;)
Dukascopy Data

Enjoy
-DasanC

Need Indicators/Strategies for TradingView? -> t.me/pinescripters_jobs
General questions about Pinescript? -> t.me/pinescripters

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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.

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