ADR AsianLS — Strategy by adcarcamo
By adcarcamo
Performance Metrics
- Author: adcarcamo
- Symbol: OANDA:XAUUSD
- Timeframe: 30 minutes
- Net P&L: +2,035.59 USD (+96.93%)
- Win Rate: 82.4%
- Profit Factor: 2.39
- Max Drawdown: 143.28 USD (4.19%)
- Total Trades: 540
Description
Here is the professional English description for your ADR AsianLS strategy, ready to be published on TradingView:ADR AsianLS - Range Breakout StrategyADR AsianLS is a technical trading tool designed to identify and trade breakouts from the Asian session range. This system is optimized to capture high-probability momentum moves following periods of market consolidation, applying strict confirmation filters to ensure quality entries.How it Works:The strategy marks the high and low price levels of a specific session (defaulted to the Asian session) and waits for a clean breakout to align with the market's momentum.Key Features:Visual Range Identification: Automatically plots the session's maximum and minimum levels with a clear cyan box.Confirmation Filter: Validates breakouts based on candle body percentage to filter out "fakeouts" or simple wicks.Integrated Risk Management: Automatically calculates and displays the Stop Loss and two Take Profit targets (TP1 and TP2) directly on the chart.Execution Discipline: Limited to a single entry per session to prevent overtrading and protect your capital.Recommended Settings:Symbol: XAUUSD (Gold)Timeframe: 30 Minutes (M30)Session: Adjustable to your specific time zone.