Livermore-Seykota Breakout Strategy by longtien
By longtien
Performance Metrics
- Author: longtien
- Symbol: BINANCE:ETHUSDT.P
- Timeframe: 1 hour
- Net P&L: +325.87 USDT (+325.87%)
- Win Rate: 85.0%
- Profit Factor: 1.719
- Max Drawdown: 13.29 USDT (8.41%)
- Total Trades: 1,299
- Sharpe Ratio: 1.027
Description
Strategy Name: Livermore-Seykota Breakout StrategyObjective: 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 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.