We search stocks are going higher and higher each time. So we look at the High-level band and if the price made a little correction and didn't touch the VStop indicator and, the price is higher than all the ema's. So we try to buy the stocks when it pass through the last highest price.
The Vstop-short we use to stocks and .
The VStop-long, we use to Bonds and Reits.
In order to help, there is a triangle when the price crossover any VStop, at least the half of period.
2- All the important values are showing at the end . There is a resume of our strategy, Its show the start price (the highest value + 0.01), the short-stop value, the long-stop value and its brings if all the price is higher then all ema's ploted. If one of the ema's is above the price, it will show the ema's problem and don;t shows the our strategy value.
When the close price was below ema our script says it was bad, but it isn't true either. It is irrelevant for our strategy because the price along the week was above the ema, so now we calculate the ema using the high price along the week.
Subtract some indicators that we didn't use anymore.
Now is more simply. They are project to weekly graphcs.
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.