Weekend Trend Trader - Presets

This is a systematic framework. It does not guarantee results. Markets can remain range-bound for long periods and generate false breakouts.

• []Timeframe constraint: the script enforces Weekly charts only. []Breakout entry: a trade triggers when price closes above the previous N-week highest high. []Momentum filter (ROC): the breakout must occur with sufficient momentum. display on the chart with purple background []Market regime (SPX): the strategy monitors the trend of an index (default SPX). Display on the chart with square on the bottom

• []Original – baseline parameters inspired by the original approach []Performance – wider and fixed trailing stop

• []The stop follows the position as the trade moves higher []If the broader index trend weakens, the stop becomes tighter
• The position closes when price breaks the trailing stop

• []Breakout level (previous highest high) []Trailing stop line []Momentum regime background []Index trend indicator

This strategy focuses on capturing sustained trends rather than predicting short-term movements.

The goal is consistency and disciplined execution, not catching every move in the market.