TheBigBangTraders Breakout — Strategy by TheSocialCryptoClub

bandsandchannels trendfollow trendfollower study2strategy breakout behavior

Name: TheBigBangTraders Breakout

Category: Trend Follower

Operating mode: Spot

Trades duration: Intraday

Timeframe: 1H

Suggested usage: the purpose of this strategy is to help to investigate if the asset is sensitive to breakout approach.

Entry: Trigger point can be choose by the user between:

High of the N days ago
High of the N weeks ago

Exit: End of Day

Usage:
⁃ It can be useful to use this script to test the behaviour of a definite asset
⁃ This is a raw system that can be considered a base to realize a complete breakout strategy

Configuration:
- N/A

Backtesting
⁃ Exchange: BINANCE
⁃ Pair: ETHUSDT
⁃ Timeframe: !H
⁃ Fee 0.075%
⁃ Slippage 0
- Start : 2020-01-03

How you or we can improve? Source code is open so share your ideas!

Release Notes:

Backtesting updated:
⁃ Exchange: BINANCE
⁃ Pair: ETHUSDT
⁃ Timeframe: 1H
⁃ Fee 0.075%
⁃ Slippage 0
- Start : 2020-01-03

Updated cosmetics and trend filter.

- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?