OPEN-SOURCE SCRIPT

Trend Breakout high/low #1

已更新

What is the Trend Breakout high/low #1?
This script uses the high/low of each fixed time period as a conditional judgment, and when the high/low is broken as a buy/sell signal, trying to capture a trend.

How to use this script?
Start date and Stop date: You can choose the date of the test.
Trading cycle: Selected time period is used as the basis for determining the high/low and is limited to one trade only.
Stop range: This value will calculate the stop loss range. Set 50-100 that is better
Fixed mode: Fixed of lots per transaction.
---Additional Functions---
Reversal mode: Reversing the buy and sell signals, may be useful in certain situations.
Wighted mode: Increased profitability under certain conditions
When win & When lose:Judgment when there is an ongoing loss/profit as a condition, may be useful in certain situations.
Use closing price: Use the closing price breakout high/low as a conditional judgment, but this function sometimes fails.

Notes:
Trading cycle and your chart time period can't be set too close,that will result repainting.
Stop range can't be set too small,that will result repainting either.

版本注释

V2
Remove - Wighted mode
Remove - When win & When lose mode
Add - SMA long mode

版本注释

V3
Remove - reversal mode
Fix - repaint, but it just used the close price. It's Pine script restriction, can't have it both ways.
Add - SMA swich mode .It's filter
Add - SMA2. Used to takeprofit

版本注释

- development -
If you want to make money, you can choose to use "Trend #2 - BB+EMA", That's free and I'm using it.
If you want to make more money, send me a message,"Trend #3" development completed, I will show you about that.

版本注释

V4 - Make code compact

版本注释

V5 - Add ATR to TP

版本注释

V6 - Minor changes to the script