OPEN-SOURCE SCRIPT
Bull Flag v1.00
Identifies the chart pattern we recognize as a Bull Flag, enters long, then exits 6 bars later. I do not claim this to be a good strategy, but a lot of people think the Bull Flag is (statistically) meaningful. This is a tool for you to test that claim. The exit after 6 bars is somewhat arbitrary, but it's basically "hold this position for a little bit to see if bull flags actually do anything."
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.