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Sathya: Breakout

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Intra-day Breakout Strategy: Developed as a professional service and published for customer verification/acceptance.

If you are interested in development services, please visit the backtest-rookies website.

Features
  • Entry on a breakout from second candle of the session
  • Breakout tolerance zone to prevent false breaks
  • Take profit
  • Stop loss
  • Timed exit (exit at a specific time of day)
Nota Keluaran
Update

  • Changed stoploss and TP to be set from no of rupees rather than %
  • Allow re-entry if price crosses back over the breakout levels
  • Short and Long trades now have a separate close time
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Updates

  • Add switch for long/short entries
  • use stop orders for entries instead of market orders
  • Add switches for TP and timed exits
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Update to measure stop and take profits from break level
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New Feature

Precondition: Check whether the first candle is the high of the day before the breakout candle.
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Changed pre-condition to look at the open price rather than the high/lows
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Bug Fix
Nota Keluaran
Added Breakout Range Precondition
Broke Open=High/Low precondition into two separate conditions.
Nota Keluaran
Added Maximum Allowed candle range to the range precondition check.
Nota Keluaran
Bug Fix: Range Precondition Block now only is checked from the 3rd candle
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Switched PreCondBlock check to crossover and crossunder to prevent false positives
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Change Range Condition Pre-Check to look at the range setting candle rather than the breakout candle.
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Re-implemented bug fix after rolling back changes.
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Add new precondition 1st/2nd Candle Ratio
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Fix Ratio Switch on / off
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Fix for ratio calc
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Update - New Features

  • Added RSI Precondition
  • Added x bars exit
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New Features:

  • ATR Based Stoploss
  • ATR Based TP
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New Feature: Set outer range limits on the RSI Filter

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.