Range Breakout Session Strategy by presbiterga
By presbiterga
Performance Metrics
- Author: presbiterga
- Symbol: FX:NAS100
- Timeframe: 5 minutes
- Net P&L: +500.00 USD (+0.50%)
- Win Rate: 28.8%
- Profit Factor: 1.01
- Max Drawdown: 12,256.25 USD (12.20%)
- Total Trades: 73
Description
Range Breakout Session Strategy | Smart Session Box + Visual Risk ManagementThis strategy is designed to trade breakouts from a predefined session range with automatic execution logic and full visual risk management.The script builds a trading range during a selected time window (example: 07:30–08:00), then waits for the session to finish before analyzing breakout conditions.Once price closes outside the range:✅ Break above → Buy signal✅ Break below → Sell signalThe entry is executed at the close of the breakout candle.Features🔹 Custom session range (fully configurable)🔹 Time zone selection🔹 Automatic breakout detection🔹 Entry only after session closes🔹 Configurable Stop Loss (ticks)🔹 Configurable Take Profit (ticks)🔹 Visual SL and TP zones directly on chart🔹 Session range displayed as a dynamic box🔹 Day filter (choose which weekdays are active)🔹 Built-in strategy backtestingStrategy LogicDefine the operational session.The indicator builds the High/Low range.After the session ends, price is monitored.First confirmed breakout triggers an entry.Risk management is automatically applied.Best Use Cases• Opening Range Breakout (ORB)• Index Futures• Forex Sessions• Gold (XAUUSD)• NASDAQ / US30• Intraday momentum tradingRecommended Timeframes1 Minute3 Minutes5 Minutes15 MinutesThis tool is intended to provide a structured and visual approach to breakout trading, combining clear execution rules with transparent risk management.