Reversal & Breakout Strategy - Complete

4 Ağu

This is a complete intraday trading strategy script for TradingView that lets you:

1. Choose Between Two Styles of Trades:
Reversals: It looks for large bullish or bearish candles during market sessions and enters trades expecting price to reverse.

Breakouts: It scans for price breaking above or below a recent high or low (based on a lookback range) and enters in the direction of the breakout.

2. Filters Trades by Session and Day Type:
Trades only during sessions you choose: NY1, NY2, London, Asia, etc.

Trades only on specific day types (e.g., DNP, DWP, Range 1, Range 2), as classified by a custom daily behavior model.

3. Uses 9:30 AM Candle Logic (ORB):
Captures the 9:30 AM Eastern candle's high/low using 1-minute data.

Allows breakout confirmation using this range.

4. Entry + Exit Logic:
Enters on reversal or breakout confirmation.

Automatically places stop-loss and take-profit orders (based on your input, in ticks or points).

Can require classification before entry (e.g., don’t trade until the market type is known).

5. Tracks Trades and Performance:
Records each trade's PnL, drawdown, win/loss, classification, time, and session.

Displays a table with analytics like win rate, expectancy, average drawdown, trade distribution by day/classification.

6. Visually Shows All Trades:
Draws arrows and shapes when trades are triggered.

Labels when trades are blocked (e.g., if not classified yet).

Plots breakout levels and 9:30 AM box.

13 Ağu

Sürüm Notları

BY HOUR STAT GREEN VS RED STAT ADDED

15 Ağu

Sürüm Notları

fixed the table time issue in Reversal and Breakout