Trend Breakout high/low #1 — Strategy by zxcv55602

By zxcv55602

Performance Metrics

Description

Sep 22, 2022What is the Trend Breakout high/low #1?This script uses the high/low of each fixed time period as a conditional judgment, and when the high/low is broken as a buy/sell signal, trying to capture a trend.How to use this script?Start date and Stop date: You can choose the date of the test.Trading cycle: Selected time period is used as the basis for determining the high/low and is limited to one trade only.Stop range: This value will calculate the stop loss range. Set 50-100 that is betterFixed mode: Fixed of lots per transaction.---Additional Functions---Reversal mode: Reversing the buy and sell signals, may be useful in certain situations.Wighted mode: Increased profitability under certain conditionsWhen win & When lose:Judgment when there is an ongoing loss/profit as a condition, may be useful in certain situations.Use closing price: Use the closing price breakout high/low as a conditional judgment, but this function sometimes fails.Notes:Trading cycle and your chart time period can't be set too close,that will result repainting.Stop range can't be set too small,that will result repainting either.Sep 23, 2022Release NotesV2Remove - Wighted modeRemove - When win & When lose modeAdd - SMA long modeSep 23, 2022Release NotesV3Remove - reversal modeFix - repaint, but it just used the close price. It's Pine script restriction, can't have it both ways.Add - SMA swich mode .It's filterAdd - SMA2. Used to takeprofitSep 27, 2022Release Notes- development -If you want to make money, you can choose to use "Trend #2 - BB+EMA", That's free and I'm using it. If you want to make more money, send me a message,"Trend #3" development completed, I will show you about that.Oct 18, 2022Release NotesV4 - Make code compactOct 18, 2022Release NotesV5 - Add ATR to TPOct 18, 2022Release NotesV6 - Minor changes to the script

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