Divergent trader V2: ATH / 52W Mechanical Breakout Strategy by TheDivergentTrader
By TheDivergentTrader
Performance Metrics
- Author: TheDivergentTrader
- Symbol: TVC:SILVER
- Timeframe: 1 day
- Net P&L: +48,485.61 USD (+48.49%)
- Win Rate: 48.1%
- Profit Factor: 2.316
- Max Drawdown: 7,438.30 USD (5.67%)
- Total Trades: 135
Description
escriptionThis indicator highlights breakouts above major structural highs.It identifies when price moves above:The All-Time High (ATH)The 52-Week HighBoth levels can be independently enabled or disabled.When price closes above either level, the indicator marks the breakout directly on the chart. The logic is fully mechanical and rule-based — no discretion, no pattern reading, no prediction.The core idea is simple:Strength tends to lead to further strength.When price moves into new territory, there is no overhead supply and no trapped sellers above. Breakouts at these levels often trigger institutional buying, momentum participation, and short covering.This tool is designed for traders who prefer systematic breakout trading over reversal prediction.It works across stocks, indices, crypto, commodities, and other liquid markets.Simple logic. Structural levels. Mechanical execution.