REVENUE : "Breakout filter" Filter 1

Filter 1: Price & Volume Breakout (Default symbol: Tiny Yellow Triangle)

Filter 1 focuses on identifying breakouts based on both price and volume criteria. It considers the following conditions:

- Price Breakout: The close price crosses above the Donchian Channel's middle line, indicating a potential upward breakout.

- Volume Breakout: The trading volume exceeds the moving average of volume, suggesting increased market participation during the breakout.

When both the price breakout and volume breakout conditions are met, Filter 1 generates a signal indicating a potential breakout in the market. This filter helps traders identify significant price movements accompanied by higher trading volumes.