OPEN-SOURCE SCRIPT

Pivot Point Breakout

7 439
This is a strategy taken from Perry Kaufman's book, Trading Systems and Methods.

Just like the title says, it's a breakout strategy. It works by buying when the current high is higher than the last pivot high, and selling when the low is lower than the last pivot low.

It does not have a good success probability, and relies on the good reward to risk ratio. Definitely not recommended for someone with weak hands.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。