ATR EA Trade Strategy by MasayanFX
By MasayanFX
Performance Metrics
- Author: MasayanFX
- Symbol: FX_IDC:USDJPY
- Timeframe: 15 minutes
- Win Rate: 35.5%
- Profit Factor: 0.962
Description
ATR EA Trade Breakout Strategy is an ATR-based breakout backtesting strategy designed for USDJPY on the 15-minute chart.The strategy creates upper and lower breakout lines from the previous bar’s HL2 value plus or minus the Average True Range multiplied by the selected multiplier. A long entry is generated when the previous confirmed close is above the upper ATR breakout line. A short entry is generated when the previous confirmed close is below the lower ATR breakout line.Default settings:Symbol: USDJPYTimeframe: 15 minutesATR Period: 14Multiplier: 1.0Use Confirmed ATR: EnabledStop Loss Distance: 4.0Take Profit Distance: 5.0Pyramiding: 0The strategy closes an opposite position before opening a new one and uses fixed price-distance stop loss and take profit levels. Because TradingView’s broker emulator differs from MT4/MT5 execution, backtest results may not match EA results or live broker execution exactly.This script is intended for chart analysis, backtesting support, research, and educational purposes only.It does not guarantee future performance and should not be considered financial advice.Please test carefully before using it in any trading decision.