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Livermore-Seykota Breakout Strategy

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Strategy Name: Livermore-Seykota Breakout Strategy

Objective: Execute breakout trades inspired by Jesse Livermore, filtered by trend confirmation (Ed Seykota) and risk-managed with ATR (Paul Tudor Jones style).

Entry Conditions:

Long Entry:

Close price breaks above recent pivot high.

Price is above main EMA (EMA50).

EMA20 > EMA200 (uptrend confirmation).

Current volume > 20-period SMA (volume confirmation).

Short Entry:

Close price breaks below recent pivot low.

Price is below main EMA (EMA50).

EMA20 < EMA200 (downtrend confirmation).

Current volume > 20-period SMA.

Exit Conditions:

Stop-loss: ATR × 3 from entry price.

Trailing stop: activated with offset of ATR × 2.

Strengths:

Trend-aligned entries with volume breakout confirmation.

Dynamic ATR-based risk management.

Inspired by principles of three legendary traders.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.