This strategy places repeated long entries of a fixed cash amount on a chosen weekday at a selected weekly interval inside a user-defined start and end date.
Investor Ninja draws on the price chart. Settings choose the calendar window, the starting week, whether buys occur every one to four weeks, and the weekday from Monday through Friday. After the end timestamp, it closes all open positions on a weekday. There is no stop loss, and many overlapping longs can stay open together.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Start Year
int
2021
startYear
Start Month
int
1
startMonth
Start Day
int
1
startDay
Start Hour
int
11
startHour
Start Minute
int
0
startMinute
End Year
int
2022
endYear
End Month
int
12
endMonth
End Day
int
31
endDay
End Hour
int
11
endHour
End Minute
int
0
endMinute
Start week
string
From week 4
get_week
Weekly range
string
Every 4 weeks
get_range
Show all 13 settings
Setting
Type
Default
Variable
Day of Week
string
Friday
get_day
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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