OPEN-SOURCE SCRIPT

TFS: Tether Line Backtest

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Tether line indicator is the first component of TFS trading strategy.
It was named this way because stock prices have a tendency to cluster
around it. It means that stock prices tend to move away from the midpoint
between their 50-day highs and lows, then return to that midpoint at some
time in the future. On a chart, it appears as though the stock price is
tethered to this line, and hence the name.

You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.

כתב ויתור

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