Weekly Breakout Trading Strategy AFL
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AmiBroker Formula Language (AFL) script for a weekly breakout trading strategy involves defining the rules and conditions for identifying potential breakout opportunities. This AFL script uses weekly high and low prices to identify breakout opportunities. When the current week's high is greater than the previous week's high, a buy signal is generated, and when the current week's low is less than the previous week's low, a sell signal is generated. Arrows are plotted on the chart to indicate these signals.
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