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Trendline Breakout with TP/SL

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TRENDLINE BREAKOUT STRATEGY

This indicator provides dynamic trendline detection with comprehensive TP/SL management.

FEATURES:
- Automatic trendline construction using pivot analysis
- Breakout signal detection with volume confirmation
- ATR-based take profit and stop loss calculations
- Support/resistance level integration
- Customizable risk management system

METHODOLOGY:
Uses mathematical pivot point analysis to identify trend patterns and generate trading signals with calculated risk parameters.

TECHNICAL IMPLEMENTATION:
- Custom data structures for efficient line management
- Dynamic slope calculations for trend projection
- Volume oscillator for breakout validation
- Multi-level profit targeting system

DISCLAIMER: Educational purposes only. Past performance doesn't guarantee future results.

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.