OPEN-SOURCE SCRIPT
Breakouts With Timefilter Strategy [LuciTech]
This strategy captures breakout opportunities using pivot high/low breakouts while managing risk through dynamic stop-loss placement and position sizing. It includes a time filter to limit trades to specific sessions.
How It Works
A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low.
Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier.
Position size adjusts based on the percentage of equity risked.
Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted.
moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below.
The time filter shades the background during active trading hours.
Customization:
Adjustable pivot length for breakout sensitivity.
Risk settings: percentage risked, risk-reward ratio, and stop-loss type.
ATR settings: length, smoothing method (RMA, SMA, EMA, WMA).
Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.
How It Works
A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low.
Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier.
Position size adjusts based on the percentage of equity risked.
Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted.
moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below.
The time filter shades the background during active trading hours.
Customization:
Adjustable pivot length for breakout sensitivity.
Risk settings: percentage risked, risk-reward ratio, and stop-loss type.
ATR settings: length, smoothing method (RMA, SMA, EMA, WMA).
Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。