OPEN-SOURCE SCRIPT

Long-Term Strategy: 1-Year Breakout + 6-Month Exit

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Descripción (Description): (Copia y pega todo lo que está dentro del recuadro de abajo)

Description

This is a long-term trend-following strategy designed to capture major market moves while filtering out short-term noise. It is based on the classic principle of "buying strength" (Breakouts) and allowing profits to run, while cutting losses when the medium-term trend reverses.

How it Works (Logic)

1. Entry Condition (Long Only): The strategy looks for a significant display of strength. It enters a Long position only when two conditions are met simultaneously:

Price Breakout: The closing price exceeds the highest high of the last 252 trading days (approximately 1 year). This ensures we are entering during a strong momentum phase.

Trend Filter: The SuperTrend indicator (Settings: ATR 10, Factor 3.0) must be bullish. This acts as a confirmation filter to avoid false breakouts in choppy markets.

2. Exit Condition: The strategy uses a trailing stop based on price action, not a fixed percentage.

It closes the position when the price closes below the lowest low of the last 126 trading days (approximately 6 months).

This wide exit allows the trade to "breathe" during normal market corrections without exiting the position prematurely.

Settings & Risk Management

Capital Usage: The script is configured to use 10% of equity per trade to reflect realistic risk management (compounding).

Commissions: Included at 0.1% to simulate real trading costs.

Slippage: Included (3 ticks) to account for market execution variability.

Best Use: This strategy is intended for higher timeframes (Daily or Weekly) on trending assets like Indices, Crypto, or Commodities.

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