TradingCryptoCourse Support/ resistance BreakoutThis indicator looks for breakouts above and below the latest highs and lows.
"breakout" için komut dosyalarını ara
PlutusX BreakoutHello PlutusX Family,
We created this GBPUSD breakout strategy for you all. This strategy can be easily automated on your broker account. This strategy is SPECIFICALLY for people who have no time to stare at charts (like me), or do not necessarily want to learn technical analysis.
Currency Pair: GBPUSD
Time Frame: Any (H1 is better)
Trading Rules:
1- Open your chart on 08:00 AM (GMT), or 02:00AM MST.
2- This strategy will find Max & Min price to use for later, in addition to 2 t/p zones.
3- You have 2 numbers. Maximum Price & Minimum Price. Now should open 2 pending orders:
Buy Stop:
At: Maximum Price Line + 2 pips
T/P: 1st dotted line above the Maximum Price Line
T/P: 2nd dotted line above the Maximum Price Line
S/L: Minimum Price Line - 2 pips
Expiratory: Next trading day at 08:00 AM (GMT)
Sell Stop:
At: Minimum Price Line - 2 pips
T/P: 1st dotted line below the Minimum Price Line
T/P: 2nd dotted line below the Minimum Price Line
S/L: Maximum Price Line + 2 pips
Expiratory: Next trading day at 08:00 AM (GMT)
4- Now you can even turn off your computer and sleep. If any of above pending orders activated, let it touch T/P or S/L itself. It may take some hours or even some days. Please never close it manually.
Inactive pending orders will expire next trading day at 08:00 AM (GMT). At this time you should go to the first stage and repeat this cycle for the next day.
--
I'd recommend that you use this in addition to your technical analysis. Be aware of fundamental news such as NON-Farm, FOMC, etc. Those news sources tend to create intense volatility in the FX market and could trigger buy & sell orders simultaneously. In which, I'd suggest a technique called fading. Video on that soon.
Now that my TED Talk is over on blockchain I can be more active with the trading series and technical analysis.
Be sure to use the PlutusX EMA script that I created for BTC as well.
--
I created this script as a "study" with TV so that means there are now values assigned to W/L ratio or P/L. However, you can easily visualize the P/L and W/L ratio and from our count, we are experiencing a 73% win ratio with ~120% gains YoY. Not bad for an easily automated strategy.
--
ATTENTION
We are not accountable for the loss that may occur from using this strategy. This is merely a tool for your trading arsenal. Trading involves risk to lose some or all of your money. Past results are NOT indicative of future returns. Trade carefully my friends.
Peso Pros Asia Breakout with AlertsAsia Breakout indicator using some magic sauce with two take profit levels and alerts to go long or short. Works on a variety of pairs as discussed in the Peso Pros group and course. SL the other side of the trade at the middle of the box or the end.
Spicytrader [BUY and SELL signals + Breakouts + Trendline]
BUY and SELL signals (with alerts)
Support and resistant breakout (with alerts)
Auto trendlines : Bullish and bearish market (with alerts)
100% Compatible with Autoview bot (Buy, Sell, Takeprofit, Stop loss)
TRY IT FOR FREE : spicytrader.com
Fractals average breakout [FB]My first indicator.
A simple average of last 1 to 10 fractals (top and bottom)
Trade breakouts of top or bottom lines.
Feel free to use and experiment with.
Frank Baumann
Volatility Breakout StrategyThis is a strategy used by Larry R. Williams called Volatility Breakout.
By identifying a strong uptrend that exceeds 'a certain level' on a daily basis as a breakout signal, enter long position, take advantage of long at the the next day's open.
'a certain level (Entry Price)' is calculated by { close + 'k' * high -low }, and applied logarithmic calculation.
Stop loss level is calculated by half of the previous day's Low and Entry Price.
Strategy exit always at UTC+0.
And expressed day session with the background color.
Thanks and hope this helps you.
(kor)
이건 Larry R. Williams가 사용하는 변동성 돌파 전략입니다.
특정 수준을 넘는 강한 상승세를 돌파 신호로 파악하여 매수하고, 장시간이 종료될때에 빠르게 수익을 실현하는 전략입니다.
"특정 레벨(진입가)"은 close + 'k' * high -low 로 계산되며 로그 계산을 적용했습니다.
손절 레벨은 전일 저가 및 진입 가격의 절반으로 계산됩니다.
전략은 항상 UTC+0에서 종료합니다. ( 한국 기준 오전 9시 )
그리고 배경색으로 일일세션을 표현했습니다.
트뷰에 오픈소스의 래리윌리엄스 변동성전략이 없는것 같아 간단하게나마 만들어 보았습니다. 도움이 되었으면 좋겟워요..
Fractal Breakout Strategy [KL]Fractal Breakout Strategy
This strategy will enter into a Long position when (a) bullish fractal is formed, combined with (b) ATR is relatively low. Trailing stop loss is set based on ATR.
Bullish fractal pattern :
A bullish fractal pattern looks like this:
It is formed when lower-low has reached a local minimum followed by higher-lows.
By default, this script plots the pivot point (the local minimum) using green crosses. This line will extend to the right until the next bullish fractal is formed. The local minimum pivot point is considered as key level of support. For long position entry, entry price must be higher or equal to it.
On the other hand, a bearish fractal pattern looks like the exact opposite. Reversing the logic, it is a local maximum indicated by higher-highs followed by lower-highs. This is shown by red crosses.
Why use ATR to confirm entry :
Two reasons to enter when ATR is low:
1) Since trailing stop loss is based on ATR, entering the market when ATR is low means risking less for potentially high reward.
2) Low ATR often signals price consolidation. There are two favorable scenarios, either: (i) period of accumulation, or (ii) bull flag, ideally followed by breakout.
Determining whether ATR is low :
Relative lows are quantified out by using the method in my other script: Modified ATR Indicator
The method involves applying two-tailed hypothesis testing to assess whether ATR (ie. by default lookback period of 5) has greatly deviated from a larger sample size (ie. lookback period of 50). Assuming ATR is normally distributed and variance is known, then test statistic (z) can be used to determine whether ATR5 is within the critical area under Null Hypothesis: ATR5 == ATR50. If z falls below/above the left/right critical values (ie. 1.645 for a 90% confidence interval), then ATR is determined to the relatively low/high respectively. For the purpose of assessing whether ATR is low, the left-tail is the main focus.
Profit taking :
Profits by default are taken over 3 levels based on risk to reward ratio (ie. 1R, 2R, 3R). When a target is met at each level, strategy will close out one third of current position size. Remainders (ie. already taken once at 1R, but not yet reaching 2R or 3R) will eventually be closed at the trailing stop loss price.
Cyatophilum Intraday Breakouts [ALERT SETUP]Private indicator.
Here is the alert version of the Triple Screen Strategy
Recap of the strategy:
The goal of this indicator is to be able to automate and backtest the strategy, all while staying on a single chart and without repainting.
Features:
Market Tide MACD configuration
Market Wave choice between 3 oscillator: Elder Force Index, Stochastic and William Percent Range
Automated Long and Short entries alerts
Integrated Trailing Stop Loss system fully configurable with automated exit alerts
Integrated Trailing Take profit system fully configurable with automated exit alerts
Indicator samples
Backtest version:
Alerts
Entry Long: Triggers on green long labels.
Take Profit Long: Triggers on the "TAKE PROFIT" green flag if the long target is reached.
Stop Loss Long: Triggers on the "STOP LOSS" or "TSSL" label if the stop loss line has been crossed.
Exit Long: Triggers on either of Take Profit Long or Stop loss long.
Entry Short: Triggers on red short labels.
Take Profit Short: Triggers on the "TAKE PROFIT" green flag if the short target is reached.
Stop Loss Short: Triggers on the "STOP LOSS" or "TSSL" label if the stop loss line has been crossed.
Exit Short: Triggers on either of Take Profit Short or Stop Loss Short.
To get access to this indicator use the link below
Thanks for reading!
Pocket Pivot BreakoutPocket Pivot Breakout Indicator
The pocket pivot breakout indicator will show a blue arrow under the candle if both the following conditions are met:
1. The percentage change of the candle on that day from open is greater than 3%.
2. The volume on the day of 3% candle is higher than the highest red volume in the past 10 days.
The second condition is based on the 'Pocket Pivot' concept developed by Gil Morales and Chris Kacher.
If only one of the conditions is met, while the other is not, there will be no arrow.
How to use the Pocket Pivot Breakout indicator?
1. If the stock is breaking out of a proper base like (cup & handle, Darvas box etc.), you can use the blue arrow as an indicator to make your initial buy.
2. If you already own a stock, the blue arrow indicator can be used for pyramiding, following a continuation breakout from a proper base.
3. Avoid making a new entry or continuation entry if the stock is too extended from 10ma.
Gap-up > 0.5% Indicator
Gap-up Indicator displays a blue colored candle when a stock gaps up by more than 0.5% compared to previous day's close.
It is turned off by default. To activate it, check the box next to Gap-up > 0.5% in the indicator options.
How to use the Gap-up Indicator?
1. When a stock gaps up, it usually indicates strength, especially if on the day of the gap-up, the stock closes strongly.
2. This indicator should not be used in isolation but with a proper base breakout from a tight consolidation.
3. If a stock is already extended from 10ma, avoid taking any new or continuation entries.
Precautions
1. Avoid buying longs when the general market conditions are not favorable.
2. Avoid buying stocks below 200ma.
3. Avoid making a new entry or pyramid entry if a stock is too extended from 10ma.
Important Points
1. Always choose fundamentally strong stocks showing strong growth in earnings/margins/sales.
2. Buy these fundamentally strong stocks when they are breaking out of proper bases.
3. To learn more about pocket pivots and buyable gap-ups, read the book, Trade Like an O'Neil Disciple (by Gil Morales & Chris Kacher).
Cheers
Simranjit
JZ_Chaikin HTF Volatility BreakoutFirst off, all credit to Harry Potter as this is a minor customization of his indicator.
Basic additions:
-- Added a Higher Timeframe that is set to Daily but can be changed. Timeframe does wait until barstate.isconfirmed so won't repaint.
-- Added HMA smoothing line to both Chart and HTF. Can be used as it's own signal, as confirmation or in combination with faster signal line -- Breakout signal & Range Highlight use both.
-- Added optional coloring of HMA based on whether increasing or decreasing.
-- Added a low volatility option that highlights Range/No Trade zones. Defval is off so needs to be selected from inputs.
Breakout Signals are very simple and both take the HTF signal and HMA. When the faster Volatility line rises from below zero and comes within the range of -10 to 0, AND the HMA signals is increasing (and also below zero) for confirmation, generates a breakout signal of an incoming big move. You can alter the breakout threshold to be greater or less than -10, I just found that works best for filtering out the noise and false signals. Won't catch everything, but pretty reliable when it does.
Tested mostly on BTC so can't vouch for other assets and would likely need modification.
I've JUST taught myself coding from scratch (and to say I'm an amateur is an understatement), so apologies in advance if anything is unclear or could be coded better. Open to any suggestions.
[Pt] Premarket Breakout StrategyThis is a 1 trade per day strategy for trading SPY or QQQ index. By default, this is designed for 1 min time frame. This was an experimental script that seems to be profitable at the time of publication.
How it works:
Pre-market high and low is defined per trading day between 9:00 to 9:30 EST.
Then we looking for the first breakout on either PM high or PM low.
- Breakout high = long trade
- Breakout low = short trade
If long trade, we wait until Stochastic RSI D signal line to hit a lower threshold (18 by default). Then we enter long when K crosses above D line.
If short trade, we wait until Stochastic RSI D signal line to hit an upper threshold (82 by default). Then we enter short when K crosses below D line.
Stop loss for long
- set to PM low if entry is above PM high + %ATR buffer
- or set to PM range + %ATR buffer
Stop loss for short
- set to PM high if entry is below PM low + %ATR buffer
- or set to PM range + %ATR buffer
Profit target is set to 2x the risk by default.
*Note: Different Stochastic RSI lengths should be used if trading 5 min time frame. See tooltip.
Happy trading~~!
TheBigBangTraders BreakoutName: TheBigBangTraders Breakout
Category: Trend Follower
Operating mode: Spot
Trades duration: Intraday
Timeframe: 1H
Suggested usage: the purpose of this strategy is to help to investigate if the asset is sensitive to breakout approach.
Entry: Trigger point can be choose by the user between:
High of the N days ago
High of the N weeks ago
Exit: End of Day
Usage:
⁃ It can be useful to use this script to test the behaviour of a definite asset
⁃ This is a raw system that can be considered a base to realize a complete breakout strategy
Configuration:
- N/A
Backtesting
⁃ Exchange: BINANCE
⁃ Pair: ETHUSDT
⁃ Timeframe: !H
⁃ Fee 0.075%
⁃ Slippage 0
- Start : 2020-01-03
How you or we can improve? Source code is open so share your ideas!
Open Range Breakout With Take Profit Zones
Open Range Breakout With Take Profit Zones prints the open range and profitable zones based on the high and low during the opening hours.
This indicator can be used to prepare breakout trades following the OPR strategy. The time window for the open range as well as for the market hours can be configured. Also custom alerting templates allow to create alerts when a breakout out of the opening range occurs or when 50% take profit level is reached.
The background of pre and post market hours is coloured according to the configured time windows.
This indicator was written to support scalping and day trading. It does not calculate or display results on hourly, daily or weekly charts.
The open range and trading hours must be adjusted to the market time zone of your instrument. Also please take care that these settings are saved on the layout and not per instrument. Eventually create multiple layouts for instruments with different market time zones.
NVME Breakout DetectorMain Description:
NVME Breakout Detector is an indicator designed for breakout traders that helps those traders simplify trading through saving their time by automatically finding appropriate high and low zones on the chart for the trader. The indicator also provides the user with alerts of newly printed zones and zones that were broken through giving a trader the confirmation to stay in a trade longer or perhaps to find a new trade position following the trend that is shown.
How To Use It?
This is a beginner and user friendly indicator that is simple to follow, firstly the user should add this script on to their charts, secondly they will see 2 generated zones (the high being in red and the low being in green), once the user identifies those zones, the user should wait for price to close past those zones to get the idea that price may want to continue in that direction.
Settings:
Use Higher Accuracy Method - This will add another condition into the zone detection algorithm causing the indicator to detect less zones but these zones will be better for accuracy.
Use Bar Close - This will add another condition into the breakout calculator and alerts, which will force the indicator to wait for the bar to close before any confirmations can take place.
Show Breakout History - This will print all the previous zones and labels for the asset you are on.
Show Breakout Labels - This will show the breakout labels next to each zone and allow the user to see how many times that zone has been broken through or if it hasn't been broken through.
Supported Assets: All Assets Supported
Will This Come With Other NVME Scripts? Yes
CCI Breakout TraderWorks well on Bitcoin or most altcoins on a 15min chart or higher.
What is this exactly?
This is an indicator that uses horizontal RSI + EMA lines with a CCI line on top of it to provide optimal entry and exit positions for trading. There is also a breakout indicator based on the width of Bollinger Bands.
How to use:
If the blue stream passes upwards on the red heading to the white - it's heading towards a good BUY signal. To be safe you wait until it passes above the white line, then BUY LONG. Another signal to buy long is when the blue stream passes above the white and green lines.
Selling is essentially the opposite, if the blue stream is passing down from the green or white lines, then it's time to sell and exit your trade.
If you need help knowing when to enter and exit a trade the indicator will draw a grey candle on your chart to signal it's time to exit a long trade and it will draw a purple candle when it's time to enter a long.
--
Breakout alert:
If you see a green vertical bar it's a warning that there is a potential breakout in price coming for whichever coin you are looking at. The price breakout could go either direction, so make sure you watch the blue stream.
--
Important tips:
The direction of the green/white/red lines are important - if they are heading down that means it might not be the best time to enter your trade, even if the blue stream crosses up on the red and/or white lines.
The colored horizontal lines are there to let you know if the blue stream is near the bottom of those lines (anywhere from hline 15 to 50) and heading upwards, you will more likely have a longer positive trade. If the blue stream is above 60 hline and it looks like a good trade (passing up on the red and white lines), expect to have a shorter trade.
I use this for swing trading various crypto currencies, once you learn how to read it, you can catch amazing uptrends really early and you can exit trades before some big drops happen.
Trend Surfers - Premium Breakout + AlertsTrend Surfers - Premium Breakout Strategy with Alerts
I am happy today to release the first free Trend Surfers complete Breakout Strategy!
The strategy includes:
Entry for Long and Short
Stoploss
Position Size
Exit Signal
Risk Management Feature
How the strategy works
This is a Trend Following strategy. The strategy will have drawdowns, but they will be way smaller than what you would go through with buy and old.
As a Trend Following strategy, we will buy on strength, when a breakout occurs. And sell on weakness.
The strategy includes a FIX Stoploss determined by an ATR multiple and a trailing Stoploss/Takeprofit also determined by an ATR multiple.
You can also manage your risk by entering the maximum % you are willing to risk on every trade. Additionally, there is an option to enter how many pairs you will be trading with the strategy. This will change your position size in order to make sure that you have enough funds to trade all your favorite pairs.
Use the strategy with alerts
This strategy is alert-ready. All you have to do is:
Go on a pair you would like to trade
Create an alert
Select the strategy as a Trigger
Wait for new orders to be sent to you
Every Entry (Long/Short) will include:
Market Entry (Enter position NOW!)
Stoploss price
Position Size
Leverage
* If you do not wish to use leverage, you can multiply the Position Size by the Leverage. But doing that, you might end up with a position greater than your equity. Trading on Futures is better in order to have accurate risk management.
Exit signals:
When you receive an exit signal, you need to close the position ASAP. If you want to keep your results as close as possible to the backtest results, you need to execute quickly and follow what the strategy is telling you.
Do not try to outsmart the strategy
Leave your emotion out of trading! If you trust the strategy, you will have way better returns than if you try to outsmart it. Follow each signal you receive even if it doesn't seem logical at the moment.
Become a machine that executes. Don't look at fundamentals. Follow the trend! Trust the strategy!
I hope you enjoy it!
[TVExtBot]Volatility Breakout Plus Strategy(BackTest)It is based on the legendary trader Larry R. Williams' volatility breakout strategy.
The volatility breakout strategy is a short-term trading strategy that realizes rapid profits on a daily basis, following the upward trend of a strong upward trend that exceeds a certain level on a daily basis.
The Volatility Breakout Plus strategy is a strategy modified to a long-term trend by supplementing the existing Volatility Breakout strategy.
변동성 돌파 전략이란 전설적인 트레이더 래리 윌리엄스(Larry R. Williams)의 변동성 돌파 전략을 기본으로 개발한 전략입니다.
변동성 돌파 전략은 일일 단위로 일정 수준 이상의 범위를 뛰어넘는 강한 상승세를 돌파 신호로 상승하는 추세를 따라가며 일 단위로 빠르게 수익을 실현하는 단기매매 전략입니다.
이번 출시하는 변동성 돌파 플러스 전략은 기존 변동성 돌파 전략을 보완하여 장기 추세로 수정한 전략입니다.
※특징으로는 선물보다는 현물차트에 더 효과적입니다.
기본적인 설정은 기존 변동성 돌파 전략과 동일하고 장기 추세에서의 리스크를 줄이기 위해 익절과 손절 기능을 추가하였습니다.
변동성 돌파 플러스 전략 백테스트 버전
Default Options(기본설정)
Slippage (슬리피지) : 3
Leverage (레버리지) : 1
BackTest Period (백테스트 기간) : 2018/ 01 / 01 ~ 2021/03/14
BeforeDay Open-Close Volatility (%) (전날 시가종가 변동률) : 6%
StopLoss (%) (손절) : 6%
TakeProfit (%) (익절) : 30%
Commission (거래수수료) : 0.06%
[TVExtBot]Volatility Breakout Plus Indicator(With Alerts)It is based on the legendary trader Larry R. Williams' volatility breakout strategy.
The volatility breakout strategy is a short-term trading strategy that realizes rapid profits on a daily basis, following the upward trend of a strong upward trend that exceeds a certain level on a daily basis.
The Volatility Breakout Plus strategy is a strategy modified to a long-term trend by supplementing the existing Volatility Breakout strategy.
변동성 돌파 전략이란 전설적인 트레이더 래리 윌리엄스(Larry R. Williams)의 변동성 돌파 전략을 기본으로 개발한 전략입니다.
변동성 돌파 전략은 일일 단위로 일정 수준 이상의 범위를 뛰어넘는 강한 상승세를 돌파 신호로 상승하는 추세를 따라가며 일 단위로 빠르게 수익을 실현하는 단기매매 전략입니다.
이번 출시하는 변동성 돌파 플러스 전략은 기존 변동성 돌파 전략을 보완하여 장기 추세로 수정한 전략입니다.
※특징으로는 선물보다는 현물차트에 더 효과적입니다.
기본적인 설정은 기존 변동성 돌파 전략과 동일하고 장기 추세에서의 리스크를 줄이기 위해 익절과 손절 기능을 추가하였습니다.
Default Options(기본설정)
BeforeDay Open-Close Volatility (%) (전날 시가종가 변동률) : 6%
StopLoss (%) (손절) : 6%
TakeProfit (%) (익절) : 30%
[TVExtBot]Volatility Breakout Plus Strategy(BackTest)It is based on the legendary trader Larry R. Williams' volatility breakout strategy.
The volatility breakout strategy is a short-term trading strategy that realizes rapid profits on a daily basis, following the upward trend of a strong upward trend that exceeds a certain level on a daily basis.
The Volatility Breakout Plus strategy is a strategy modified to a long-term trend by supplementing the existing Volatility Breakout strategy.
변동성 돌파 전략이란 전설적인 트레이더 래리 윌리엄스(Larry R. Williams)의 변동성 돌파 전략을 기본으로 개발한 전략입니다.
변동성 돌파 전략은 일일 단위로 일정 수준 이상의 범위를 뛰어넘는 강한 상승세를 돌파 신호로 상승하는 추세를 따라가며 일 단위로 빠르게 수익을 실현하는 단기매매 전략입니다.
이번 출시하는 변동성 돌파 플러스 전략은 기존 변동성 돌파 전략을 보완하여 장기 추세로 수정한 전략입니다.
※특징으로는 선물보다는 현물차트에 더 효과적입니다.
기본적인 설정은 기존 변동성 돌파 전략과 동일하고 장기 추세에서의 리스크를 줄이기 위해 익절과 손절 기능을 추가하였습니다.
Default Options(기본설정)
Slippage (슬리피지) : 3
Leverage (레버리지) : 1
BackTest Period (백테스트 기간) : 2018/01/01 ~ 2021/03/14
BeforeDay Open-Close Volatility (%) (전날 시가종가 변동률) : 6%
StopLoss (%) (손절) : 6%
TakeProfit (%) (익절) : 30%
Commission (거래수수료) : 0.06%
Consolidation and Breakout detectorExperimental : This script identifies the consolidation of a stock for selected time period. The consolidation period and range can be configured. 2 levels of consolidation levels can be selected. i.e Strong and medium. The range for strong and medium level of consolidation can also be configured by the user.
A movement in the direction of breakout of the consolidation level is observed most of the times. I have also added reversal line/stoploss line, so that the breakout movement is cancelled once that line is crossed by the candle close.
Currently consolidation levels are configured for 5 minute chart NSE:BANKNIFTY OANDA:NAS100USD . Can be reconfigured easily for any timeframe.
Z+ Trend Finder & Breakout 3in1 for Crypto Stock & Forex TradingDear all,
If you like this indicator please hit the like button and do follow me. It takes lot of effort & calculations to bring some good strategy on charts. Keep Supporting & will update this indicator regularly.
Z+ Trend Finder Pro🚀 by Zia 💎 a combination of RSI+MACD+SMA
Z+ Trend Finder Pro is a 3in1 Indicator for Crypto, Stock Market & Forex Trading. This indicator is a combination of RSI , MACD , SMA & few other important settings with unique strategy keeping scalping & intraday trading in mind. Please read all points below for better understanding of how this indicator works. I'll make it very simple and easy to understand.
When you load the indicator on chart, you will see candles in 2 colors blue & dark brown (You can change color from settings if you want).
Blue means price is going up
Brown means price is going down
On Top you will see thick Red line - Overbought , means if price is above this line ( RSI above 80) - market is overbought and RSI is too high and chances market will reverse.
Bottom you will see thick Green line - Oversold , means if price is below this line - market is oversold & RSI very low around 20 & chances market will reverse.
In-between you will thick Green/Red line called breakout line . If price is below this line, color will red means market is in downtrend and will further go down.
If price is above this line, its color will be green & means market is in up trend and will go further up.
Breakout Line -
Whenever price break the Breakout line upside, up breakout will come means open long position, if downside, down breakout will come means open short.
Rest things are self explanatory.
Apart from this, you will see green and red bands. The wider the band indicates trend is strong, & if bands width is getting narrow means trend is fading - Get out of trade at that time.
Market overview Display Box
On the right side, you will see yellow box with particular coin details along with other market top performing coins in terms of MarketCap. From settings you will change it to either Crypto, Stock or Forex. You can control the display of this box from script setting.
Which is the best timeframe to use with this indicator?
I personally check things first at 1hr chart, to know how market is performing in broad time frame.
Next if you see more volatility in market, you can use 15min time frame too.
Also it depends from coin 2 coin and market conditions too. Sometimes you will find things are pretty good with 5 min and sometimes 15min, and sometimes you might stick with 1hr.
EURUSD Example
NIFTY Example
What is the accuracy?
Personally when i use it with 1hr TF for intraday swing calls, i see pretty good result & accuracy almost above 90%.
But do keep in mind, its not a magical stick - always DYOR fully after seeing any type of recommendation from this indicator either on buy/long or sell/short side.
Disclaimer:- This indicator is just for educational purpose and does not guarantee to make you rich overnight. It only helps you to understand market trend, so you take prefect entry. Anyone who guarantees you will make money, is pretty much guaranteeing that you will lose money. Trading and technical analysis is extremely difficult, it takes patience, discipline and most people do not make it. Applying these tools and investing in your trading education can help put the odds in your favor but will only assist the individual in their execution, decision making, thought process and executing their own individual trades, NOT make them for you.
You're always welcome to share any type of suggestion & feedback.
To access this indicator, Interested traders can pm me our use below links.
[TVExtBot]Volatility Breakout Strategy(BackTest)Volatility Breakout Strategy(BackTest)
It is based on the legendary trader Larry R. Williams' volatility breakout strategy.
The volatility breakout strategy is a short-term trading strategy that realizes rapid profits on a daily basis, following the upward trend of a strong upward trend that exceeds a certain level on a daily basis.
변동성 돌파 전략이란 전설적인 트레이더 래리 윌리엄스(Larry R. Williams)의 변동성 돌파 전략을 기본으로 개발한 전략입니다.
변동성 돌파 전략은 일일 단위로 일정 수준 이상의 범위를 뛰어넘는 강한 상승세를 돌파 신호로 상승하는 추세를 따라가며 일 단위로 빠르게 수익을 실현하는 단기매매 전략입니다.
Sathya: BreakoutIntra-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)