Trend Channels With Liquidity Breaks [ChartPrime]Trend Channels
This simple trading indicator is designed to quickly identify and visualize support and resistance channels in any market. The primary purpose of the Trend Channels with Liquidity Breaks indicator is to recognize and visualize the dominant trend in a more intuitive and user-friendly manner.
Main Features
Automatically identifies and plots channels based on pivot highs and lows
Option to extend the channel lines
Display breaks of the channels where liquidity is deemed high
Inclusion of volume data within the channel bands (optional)
Market-friendly and customizable colors and settings for easy visual identification
Settings
Length: Adjust the length and lookback of the channels
Show Last Channel: Only shows the last channel
Volume BG: Shade the zones according to the volume detected
How to Interpret
Trend Channels with Liquidity Breaks indicator uses a combination of pivot highs and pivot lows to create support and resistance zones, helping traders to identify potential breakouts, reversals or continuations of a trend.
These support and resistance zones are visualized as upper and lower channel lines, with a dashed center line representing the midpoint of the channel. The indicator also allows you to see the volume data within the channel bands if you choose to enable this functionality. High volume zones can potentially signal strong buying or selling pressure, which may lead to potential breakouts or trend confirmations.
To make the channels more market-friendly and visually appealing, Trend Channels indicator also offers customizable colors for upper and lower lines, as well as the possibility to extend the line lengths for further analysis.
The indicator displays breaks of key levels in the market with higher volume.
Search in scripts for "break"
tlc with False BreakoutThe strategy aims to identify a trend line channel with the potential for a false breakout. Here's an explanation of the strategy:
The script starts by defining the input parameters. The lookback parameter determines the number of previous bars to consider for detecting the trend lines, and the threshold parameter controls the sensitivity of the trend line detection.
The script then initializes variables to store the trend lines, tap count, and the false breakout signal.
Inside the loop, the script iterates over the specified number of bars (lookback) to identify the trend lines. It checks if the current high is greater than the previous and next highs to identify an upper trend line and sets it using the line.new function. Similarly, it checks if the current low is smaller than the previous and next lows to identify a lower trend line and sets it.
The script also keeps track of the price levels of the upper and lower trend lines using the variables upperTrendLinePrice and lowerTrendLinePrice. These price levels are obtained using the line.get_y1 function.
After the fourth tap (when tapCount is equal to 4), the script checks if the current close price is above the upper trend line or below the lower trend line. If this condition is met, it sets the falseBreakout variable to true, indicating a potential false breakout.
Finally, the script plots a shape marker (plotshape) when a false breakout occurs. This is represented by an orange label displayed below the bar.
At the end of the script, the line.delete function is used to remove the old trend lines when the script reaches the last bar (barstate.islast).
By using this strategy, you can visually identify trend line channels where the upper and lower lines touch higher highs or lower highs and higher lows or lower lows. Additionally, it provides a false breakout signal when the price breaks above the upper trend line or below the lower trend line on the fifth tap.
Open RangeThis is a simple script that will look back a set number of candles at a specified time (example: Ny Open) and find the "High and Low " of the range/ market in the given look back period. It will then draw two lines and the range zone as a box. Breakout traders can use these levels to help find interesting areas for a breakout. Reversal traders can use these levels to help locate false breakouts.
Simple type in your time zone Example: GMT-4
Set the time you want the indicator to draw the start line Example: 8:30am
then set the candle look back Example: 60
Hope this script helps spark some ideas
Happy trading
Failed Breakdown Detection'Failed Breakdowns' are a popular set up for long entries.
In short, the set up requires:
1) A significant low is made ('initial low')
2) Initial low is undercut with a new low
3) Price action then 'reclaims' the initial low by moving +8-10 points from the initial low
This script aims at detecting such set ups. It was coded with the ES Futures 15 minute chart in mind but may be useful on other instruments and time frames.
Business Logic:
1) Uses pivot lows to detect 'significant' initial lows
2) Uses amplitude threshold to detect a new low beneath the initial low; used /u/ben_zen script for this
3) Looks for a valid reclaim - a green candle that occurs within 10 bars of the new low
4) Price must reclaim at least 8 points for the set up to be valid
5) If a signal is detected, the initial low value (pivot low) is stored in array that prevents duplicate signals from being generated.
6) FBD Signal is plotted on the chart with "X"
7) Pivot low detection is plotted on the chart with "P" and a label
8) New lows are plotted on the chart with a blue triangle
Notes:
User input
- My preference is to use the defaults as is, but as always feel free to experiment
- Can modify pivot length but in my experience 10/10 work best for pivot lows
- New low detection - 55 bars and 0.05 amplitude work well based on visual checks of signals
- Can modify the number of points needed to reclaim a low, and the # of bars limit under which this must occur.
Alerts:
- Alerts are available for detection of new lows and detection of failed breakdowns
- Alerts are also available for these signals but only during 7:30PM-4PM EST - 'prime time' US trading hours
Limitations:
- Current version of the script only compares new lows to the most recent pivot low, does not look at anything prior to that
- Best used as a discretionary signal
Visit /u/ben_zen's Profile:
www.tradingview.com
Profile Link www.tradingview.com
Moon Phases + Daily, Weekly, Monthly, Quarterly & Yearly Breaksโ Moon Phases
From LuxAlgo description.
Trading moon phases has become quite popular among traders, believing that there exists a relationship between moon phases and market movements.
This strategy is based on an estimate of moon phases with the possibility to use different methods to determine long/short positions based on moon phases.
Note that we assume moon phases are perfectly periodic with a cycle of 29.530588853 days (which is not realistically the case), as such there exists a difference between the detected moon phases by the strategy and the ones you would see. This difference becomes less important when using higher timeframes.
โ Daily, Weekly, Monthly, Quarterly & Yearly Breaks
This indicator marks the start of the selected periods with a vertical line that help with identifying cycles.
It allows to enable or disable independently the daily, weekly, monthly, quarterly and yearly session breaks.
This script is based on LuxAlgo and kaushi / icostan scripts.
Moon Phases Strategy
Year/Quarter/Month/Week/Day breaks
Month/week breaks
Inside Bar SetupScript Details
- This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day)
- Basis plotted inside bar, relevant targets are marked on the chart
- Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below mother candle. This x & y are configured via script settings
How to use this script ?
- This script works well on 10-15 mins timeframe for stocks, 15/30 mins timeframe for nifty index and 30/60 mins time frame for bank nifty index
- If mother candle high is broken, take long trade with SL of mother candle low and if low is broken, take short trade with SL of mother candle high
Remember:
1. Above logic is to be combined with support/resistances i.e. price action. This script is an add-on to price action analysis giving you more conviction.
2. If range of mother candle is very high, it is recommended to avoid the trade.
3. Basis inside bar formed on higher time frame, take trade on basis of lower time frame i.e if inside bar is formed on 60 mins, take trade on the basis of 10-15 mins time frame
Example:
1. As seen in the chart, Nifty is near it's resistance and we are seeing Inside Bar being formed, In such scenario, even if High of Mother Candle is broken, we should be more interested to short as we are near resistance and probability of getting our targets in long side is less.
2. So, if I see breakdown of mother candle i.e. price going below low of mother candle, we will short with SL of high of mother candle.
3. As seen in the chart, both the targets are achieved.
Additional Info:
1. Targets on Long/Short Side can be configured via settings. For indices 1 times/1.5 times the range works well.
2. This script plots targets basis the first inside bar formed in the day for selected time frame.
3. Inside bars formed through out the day are coloured separately but lines are plotted only on the basis of 1st formed inside bar as this strategy works well for the first formed inside bar)
4. Don't forget to check volume in case of breakout/breakdown.
Note:
1. Mother Candle - First Candle of Inside Bar
2. Child Candle - Candle formed inside Mother Candle (Second Candle of Inside Bar)
Happy Trading :)
Pre Market \ Opening Range High LowGreen vertical lines are showing pre market open and then the opening range as the first hour of market NYSE market open
Pre market high and low are blue lines | intraday opening range high low are in white
Trades are taken in the current direction above | below range breaks with the direction of price action using the moving averages
Price breaking through moving averages and a range is the optimal trade to enter - exit at next range for target - stop loss below the lower | higher moving average depending on short or long
A break above or below the intraday high or low and pre market high or low can give massive profits trailing your stop loss as price runs
Using MA 5 and 12 to filter out entries and exits above or below the ranges short or long is also another strategy to implement
BEST TIME FRAME TO USE IS 5 MINUTE
Williams Fractals with BreaksThis is a Bill Williams fractal indicator with breaks.
I was turned onto fractals and the importance of their breaks by ChaosTrader63.
I know several version of this indicator have been done.
I chose this as a first project because of it's simplicity , but also because of the poor code quality of some other versions I looked at.
This is the first draft that successfully met my three criteria:
* Must identify all fractals, including simultaneous up/down fractals.
* Must identify fractal breaks with a clear indicator.
* Must provide information on how many fractals
For the first bullet, I wanted to provide a more concise modern version than the boolean logic composition I was seeing in other examples.
The later two required tracking the past which was not present in the other versions I looked at.
Code here can be improved for more uses and better integration, but it is functional and elegant enough to use.
Thanks for checking it out.
Jolly Wizard
EMA MTF PlusI like trading the 1 minute and 3 minutes time-frames. I'm what is commonly called a "scalper". Long term investments yes, I have some, but for trading, I don't have neither the time,
nor the patience to wait hours or days for my trade to be complete.
This doesn't mean I discount the higher time-frames, no, I actually rely heavily on them. I found that EMAs do a decent job as support/resistance, sometimes to a tick level of precision. And this is important for a 1 minute trader.
As such, I made this script that tracks the higher time-frames EMAs and displays the last value as a line.
I do not need the whole EMA, I'm not interested in crossovers or crossunders, these are anyway late signals for me.
What's with the triangles? These are local tops/bottoms , candles that have a have decent size of the wick. These tops and bottoms are by no means "final", they are merely a rejection at certain levels of price. Due to markets complexities (and human erratic behaviors hehe) these levels could be breached at the very next candle. For a more "final" version (nothing is really final but..) I added Schaff Trend Cycle as filter, so a triangle will pop only when a trend is mature enough ( STC with a value near 0 or near 100).
Colored bars. When the body of the candle is big, it shows strength. Strong bars tend to have follow through, especially when breaking key levels. The script looks at the body of the candle and compares it with ATR (Average True Range), if it's at least 0.8 of ATR it changes the bar color to yellow (bull candles) or fuchsia(bear candles).
Range identifier. This code is copied from Lazy Bear (if there are any issues please let me know), it's very useful in conjunction with colored bars.
I look for breakout candles that go outside of the range as a signal for a trade.
There are many ways in which this script can be useful, like trading mean reversions or momentum trades (breakouts) or simply trend following trades.
I hope you guys find it useful, you can play with default values and change them as you like, these are what I found to be working best for me and my trading universe (mostly crypto).
Special thanks for the original work of:
LazyBear
everget
Jim8080
Volume Positive Negative (VPN) [LevelUp]The idea and calculations for the Volume Positive Negative (VPN) indicator were created by Markos Katsanos. Markos wrote about the indicator in the article Detecting High-Volume Breakouts, published in Technical Analysis of Stocks & Commodities April, 2021 (Vol. 39, Issue 5).
The goal of the VPN indicator is to detect breakouts using only volume. The basic idea is to compare volume on up days versus volume on down days. The indicator can oscillate between the range of -100 and 100. Values between 0 and 20 are generally considered bullish, negative are bearish.
When the plotted VPN crosses over what Markos refers to as the critical value, that may indicate a high volume breakout. The critical value can be adjusted between 0 to 20, 10 is the default,
Volume Positive Negative Calculation (VPN)
VPN = (VP - VN) / MAV / Period * 100
VP - sum of positive volume
VN - sum of negative volume
MAV - moving average of volume
Volume is considered positive when the average price is higher than the previous day's price by more than .1 of the ATR (average true range).
Please help to make Larry Williams' volatility breakthrough.Hello Traders!
I'm going to backtest Larry Williams' volatility breakthrough strategy.
However, contrary to my expectation, orders at certain bars are made the next day.
Is there anything I missed at my pine script code?
Please give me any tiny tips.
Thank you!!
False BreakoutA false breakout is when the price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started.
The โFalse Breakoutโ indicator reveals false breakouts in comparison to the previous candle.
In case we're looking to trade the stock for long this would mean that the price of the stock broke the previous low (support) and then got back above that low.
In case we're looking to trade the stock for short then a false breakout would mean the stock broke the previous high (resistance) and then got back below that high.
How to use the indicator?
First choose the direction you're looking to trade, meaning either long or short.
Then choose how strict you want to be about the Falls brakes.
There are three options:
The first option named โAllโ means that it's enough that the stock broke the previous level and then get back to the original side.
The second option is โSupporting Changeโ meaning not only that the stock broke the previous key level (support or resistance), but also the change at the end of the candle is supporting the main direction - meaning the change is positive for long or negative for short.
The third option is โEngulfingโ. This is a well-known candle, but to make it clear, in our case โEngulfingโ means that not only the stock broke the previous level but it also ended the day on the other side of the candle - higher than the previous high, in case of long, and lower than the previous low, in case of short.
When you choose the level of strictness you determine how many indications you're going to get on the chart.
If you choose the highest level of strictness, meaning โEngulfingโ, you would only see the red flags indicating engulfing candles.
If you choose the lowest level of strictness, meaning โAllโ, you will get more indications on your chart, including every false breakout.
When the direction you're looking for is long, all indications would appear below the candles.
When the direction you're looking for is short, then all indications would appear above the candles.
The Engulfing candles are represented by Red flags, and the Simple breakouts candles are represented by yellow. All colors may be adjusted to your preference.
Explaining the example above:
In the chart above we can see two consolidations. At the end of each consolidation, we can see a candle with an indication from the indicator that points out that this could be the end of the consolidation and the stock might continue its move.
In โconsolidation 1โ we can see that there is an orange flag below the candle right before the stock began to move up again.
In โconsolidation 2โ we can see that there is a red flag below the candle, right before the stock began another move.
Wishing you all the best :)
SMT - Smart Money Thursday Boxes
The Smart Money Trading Thursday - is a very specific trading system. You only trade it on a Thursday.
The script/indicator will color Thursdays as two boxes. If you just want one color, use same color for
both boxes. The boxes is there to indicate London/New York sessions.
SETTINGS
In the setting you find a numeric value as 1700-0400:5
The "5" indicate Thursday. You can change that if you prefer to color another specific day.
For example "4" would indicate Wednesday. And you can change the hours to fit your
sessions and trading style.
You can also use the 2 boxes on different days. If you for example would like to color up
London for Wednesday and Thursday. Then set hours to fit London session and adjust the
:5 to 4 on the 1st box and 5 on the 2nd.
HOW TO USE IT?
The Smart Money works in a way retail trading does not. Smart Money has an objective
to locate retail patterns, where there will be a lot of stop loss volume to be grabbed.
So when a retail trader see a setup like a "Double Top / Bottom". The Institutional
will see $$$ of dumb money, ready to be taken. The best moves happen on a Thursday
but if you are a skilled trader, you can see the move also occur on Wednesday or Friday.
The first thing that will happen, is that the Smart Money Breaks out of session. Meaning
they will leave the current weeks high/low range. To start collect negative contracts
of the retail volume.
When you see that happen. And you see a breakout that consist of 4 in a row 1 hour
chart candles. Then you have your first rule meet.
#1 Thursday breakout of current weeks high/low. And the move is a clean 4 hour move
as 4x H1 candles. The move can start within range. But must end clearly outside.
Visual Example:
#2 Next, we await an engulf at peak or near peak. That is where Institutional
may have problem to match any more contracts, and since they used their own
money to make this move. They must now mitigate orders, and return back to
the original retail pattern as most retail traders are now stopped out.
(Normally this is a long/clear candle out of range. they rarely go lower
then retail traders entry in the 1st push. This to not save any souls :)
#3 Price returns back to where the breakout from the retail happens.
You can now take your profit as a Smart Money Trader. Trading with less risk,
you can take profit of the return of that latest 4x H1 candle move. (Order
Block)
CONCLUSION
The best trade is when you can combine a retail pattern, followed by a
breakout which holds 4x 1 hour candles in the outbreak direction.
2nd best is when you have the 4x H1 breakout and really no clear retail
pattern. Still is the same game. Just not as clear as the one above.
Study the steps in this image and you see what to look after:
Good Luck with your trading!
Regards,
The Hunter Trading Group
Soldiers Pattern ModifiedThis can be perceived as modified 3 soldiers, relaxed NR4 or even extended harami candlestick pattern.
Works for any instrument and any timeframe.
The idea is to find out any number of candles having their individual highs and lows, all within high and low range of base candle.
The count of soldiers and if they must be of same color, both can be configured.
Additional configurable settings is to add further check of having body of soldiers as well within body of base candle.
Trading strategy: Trade high or low breakout of base candle, having other as stop loss, for a risk reward ratio of 1:2.
Big Breakout IndexBig Breakout Index is a great indicator for detecting breakouts. When the current close breaks out of consolidation, the indicator will tell you.
Green - Buy
Red - Sell
Force IndexWhat is the force index ?
The force index is an oscillator used to confirm price breakout strengths and identify potential trends.
It was popularized by A. Elder.
How the force index is computed ?
Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the force index is computed with the intensity of the price movement, and it's volume , using the formula ema13((close(n) - close(n-1)) * volume ) .
How to use the force index
An important change in the force index indicate a strong momentum in the price action.
You can read more about the force index interpretation on Investopedia
Customization
You can display the indicator as an histogram, or as a line chart.
You can change EMA length, although it's recommended to keep it at default value.
CPR by Anand with PDL/PDH & Breakouts 15/30 minsThis is an enhanced version of CPR by Anand with Configurable previous day high and low and option to configure breakout lines of 15 and 30 mins.
Will be an useful tool for day traders who follows CPR tricks and breakouts.
ORB 369 - Opening Range Breakout The ORB 369 is a professional-grade momentum indicator designed to capture the volatility of the New York market open. While many Opening Range Breakout (ORB) scripts simply draw lines, this script integrates time-segmented price action with Supply and Demand (S/D) theory to filter out "fakeouts" and identify high-probability institutional entries.
๐ก The Core Concept: Why 3-6-9?
The strategy is rooted in the "Market Open Volatility" principle. The first 15 minutes (9:30โ9:45 AM EST) represent the period where institutional orders are processed and "price discovery" is most aggressive.
The Range: We define the 15-minute high and low as the "Battlefield."
The 369 Logic: This script focuses on the 3rd 5-minute candle of the session (completing the 15m range) and monitors the subsequent 5m and 15m cycles for a definitive trend shift.
๐ ๏ธ How It Works
The script utilizes Pine Script v6 high-precision time-tracking and state-handling to ensure accuracy even on historical data.
1. Dynamic Session Anchoring
Unlike static indicators, this script uses America/New_York timezone anchoring. It identifies the Opening Range (OR) regardless of your local time, ensuring you are aligned with the NYSE floor traders.
2. Supply & Demand Detection
The script doesn't just look at the high/low; it analyzes the micro-structure within that 15-minute window.
It identifies unmitigated zones (areas where price moved so fast it left "imbalances").
If a breakout occurs but price immediately hits an internal S/D zone, it warns the trader of a potential "Look Above and Fail" scenario.
3. Breakout Confirmation (5m Logic)
A common mistake is entering on a "wick." This script uses Closing Logic:
Bullish Signal: A 5-minute candle must close entirely above the 15m High.
Bearish Signal: A 5-minute candle must close entirely below the 15m Low.
The script then repaints the candle body (defaulting to Blue/Red) to provide an instant visual cue that the "Breakout is Confirmed."
๐ How to Use It
Wait for the Box: At 9:45 AM EST, the script will automatically lock in the High, Low, and Midpoint (Mean) of the range.
Monitor the Midpoint: The Midpoint acts as the "Line in the Sand." If a breakout occurs but price stays near the Midpoint, the trend is weak. If price stays in the upper half of the range, the Bullish bias is stronger.
The Entry: Wait for the Candle Color Change. A blue candle above the range suggests a long entry; a red candle below suggests a short.
Supply/Demand Zones: If the script highlights a "Demand Zone" at the bottom of the range and price bounces off it before breaking the top, this provides a "double-confluence" setup.
โ๏ธ Technical Features
Customizable Aesthetics: Use the Settings menu to change the breakout colors (Green/Blue/Red) to match your personal chart theme.
Smart Tooltips: Hover over the inputs in the settings to see detailed explanations of what each parameter does.
Alert Ready: Built-in alerts for "Bullish Breakout" and "Bearish Breakout" that can be sent directly to your phone or desktop via TradingView.
VWAP BB Breakout + DMI MomentumI decided to code a single indicator that has some of my most used indicators.
I encourage that you have read up on VWAP, Bollinger Bands, ADX/DMI to understand how they function.
VWAP + Bollinger 1ฯ Breakout + DMI/ADX Scalping Strategy (NASDAQ)
This strategy is designed for single-chart, intraday scalping on the NASDAQ, focusing on volatility expansion in the direction of market control. It avoids higher-timeframe confirmation to eliminate lag and reacts only when price shows acceptance and momentum.
Core Concepts
VWAP defines market control and trade direction
Bollinger Bands (20, 1ฯ) identify early volatility expansion
DMI/ADX (10 / 5) confirms directional momentum and strength
The strategy trades breakouts that are supported by both bias and momentum, filtering out low-quality moves and chop.
Trade Rules
Long Setup
Price is above VWAP
Candle closes above the upper Bollinger 1ฯ band
+DI > โDI
ADX rising or above strength threshold
Short Setup
Price is below VWAP
Candle closes below the lower Bollinger 1ฯ band
โDI > +DI
ADX rising or above strength threshold
Trades are taken only on candle close to confirm acceptance.
Risk & Trade Management
Trades are avoided near VWAP to reduce chop
Stops are placed just inside the Bollinger 20 SMA or beyond the breakout candle
Partial profits can be taken at the 2ฯ band
Exits are considered when ADX flattens or DMI flips
Market Conditions
Best suited for:
High-liquidity sessions (NY open and main session)
Trending or expanding volatility environments
Avoid during:
Flat VWAP conditions
Bollinger Band compression
Low ADX / range-bound markets
Strategy Philosophy
This is a reactive momentum strategy, not predictive.
It waits for price to prove direction and strength, then participates in the move rather than anticipating it.
Order Blocks & Breaker Blocks Destek DirencOrder Blocks & Breaker Blocks Destek Direnc Al Sat Bรถlgeleri
Baekdoo VWAP & High-Volume Node Momentum Breakout (V6)Indicator Name: Baekdoo VWAP & High-Volume Node Momentum Breakout (V6)
Description Summary: This indicator tracks the interaction between the VWAP (Volume Weighted Average Price)โthe market's "fair value"โand the High-Volume Node (Resistance) from the past 20 bars. The goal is to identify "True Breakouts" where the average entry price of all participants, not just the spot price, successfully surmounts a major supply zone.
Key Features:
Annual Cumulative VWAP: Uses a yearly-anchored VWAP to filter out daily noise on 1D charts and provide a stable trend baseline.
Volume-Based Resistance: Identifies the high of the candle with the maximum volume over 20 periods as a critical supply wall.
Institutional Volume Filter: Signals are only triggered when volume exceeds 2x the 5-day average, ensuring significant market interest.
Dual Exit Strategy: Incorporates a 1.5 ATR Trailing Stop for partial profit-taking and a 20 SMA crossunder for a full risk-off exit.
---------------
์งํ ๋ช
์นญ: ๋ฐฑ๋ VWAP ๋งค๋ฌผ๋ ๋ชจ๋ฉํ
๋ํ ์ ๋ต (V6)
์ค๋ช
์์ฝ: ๋ณธ ์งํ๋ ์์ฅ์ ํ๊ท ํฉ์ ๊ฐ๊ฒฉ์ธ **VWAP(Volume Weighted Average Price)**๊ณผ ์ต๊ทผ 20์ผ๊ฐ ๊ฐ์ฅ ๊ฐ๋ ฅํ ๊ฑฐ๋๊ฐ ๋ฐ์ํ **๋งค๋ฌผ๋(High Volume Node)**์ ์ํธ์์ฉ์ ์ถ์ ํฉ๋๋ค. ๋จ์ํ ๊ฐ๊ฒฉ์ด ๋ซ๋ ๊ฒ์ด ์๋๋ผ, ์์ฅ ์ฐธ์ฌ์๋ค์ ํ๊ท ๋จ๊ฐ ์์ฒด๊ฐ ์ ํญ์ ์ ๋์ด์๋ '์ง์ฑ ๋ํ'๋ฅผ ํฌ์ฐฉํ๋ ๋ฐ ๋ชฉ์ ์ด ์์ต๋๋ค.
์ฃผ์ ํน์ง:
์ฐ๊ฐ ๋์ VWAP: ์ผ๋ด ์ฐจํธ์์์ ๋
ธ์ด์ฆ๋ฅผ ์ค์ด๊ธฐ ์ํด ์ฐ๊ฐ ๋จ์๋ก ๋์ ๋ ํ๊ท ๋จ๊ฐ๋ฅผ ์ฌ์ฉํฉ๋๋ค.
๋งค๋ฌผ๋ ์ ํญ์ : ์ง๋ 20์ผ ์ค ์ต๋ ๊ฑฐ๋๋์ด ํฐ์ง ๋ด์ ๊ณ ์ ์ ์ ํญ์ ์ผ๋ก ์ค์ ํ์ฌ, ์
์ฑ ๋งค๋ฌผ์ด ์์์ง ์ ์๋ ๊ตฌ๊ฐ์ ์๊ฐํํฉ๋๋ค.
๊ฑฐ๋๋ ํํฐ: 5์ผ ํ๊ท ๊ฑฐ๋๋ ๋๋น 2๋ฐฐ ์ด์์ ๊ฑฐ๋๊ฐ ์ค๋ฆด ๋๋ง ์ ํธ๋ฅผ ๋ฐ์์์ผ ๊ธฐ๊ด ๋ฐ ์ธ๋ ฅ์ ๊ฐ์
์ฌ๋ถ๋ฅผ ํ์ธํฉ๋๋ค.
์ค๋งํธ ์์ฏ: 1.5 ATR ํธ๋ ์ผ๋ง ์คํฑ์ ํตํ ์์ต ๋ณด์กด๊ณผ 20์ผ ์ดํ์ ์ดํ์ ํตํ ๋ฆฌ์คํฌ ๊ด๋ฆฌ๋ฅผ ๋์์ ์ํํฉ๋๋ค.
Multiple Daily Breakouts (Close Only)Pine Script strategy builds the high and low of the first four hours of the New York session (9:00 AMโ1:00 PM ET), locks that range after the 1:00 PM candle closes, and then trades breakouts based strictly on candle closes (wicks ignored). The strategy allows multiple breakouts per day, entering long when price closes above the NY range and short when it closes below, with configurable position sizing and risk-reward targets; stops can be set at the opposite side of the range or dynamically calculated. It works both for historical backtesting in the Strategy Tester and for live trading/alerts, making it suitable for intraday markets on lower timeframes such as 5- to 15-minute charts.
Update: removed continuous lines between bars
Update: added h/l lines
Update: renamed
NY First 4H Range Breakout Strategy (1PM Close)Strategy builds the high and low of the first four hours of the New York session (9:00 AMโ1:00 PM ET), locks that range after the 1:00 PM candle closes, and then trades breakouts based strictly on candle closes (wicks ignored).
The strategy allows multiple breakouts per day, entering long when price closes above the NY range and short when it closes below, with configurable position sizing and risk-reward targets; stops can be set at the opposite side of the range or dynamically calculated.
It works both for historical back testing in the Strategy Tester and for live trading/alerts, making it suitable for intraday markets on lower timeframes such as 5- to 15-minute charts.
