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Sathya: Breakout

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Intra-day Breakout Strategy: Developed as a professional service and published for customer verification/acceptance.

If you are interested in development services, please visit the backtest-rookies website.

Features
  • Entry on a breakout from second candle of the session
  • Breakout tolerance zone to prevent false breaks
  • Take profit
  • Stop loss
  • Timed exit (exit at a specific time of day)
Notes de version
Update

  • Changed stoploss and TP to be set from no of rupees rather than %
  • Allow re-entry if price crosses back over the breakout levels
  • Short and Long trades now have a separate close time
Notes de version
Updates

  • Add switch for long/short entries
  • use stop orders for entries instead of market orders
  • Add switches for TP and timed exits
Notes de version
Update to measure stop and take profits from break level
Notes de version
New Feature

Precondition: Check whether the first candle is the high of the day before the breakout candle.
Notes de version
Changed pre-condition to look at the open price rather than the high/lows
Notes de version
Bug Fix
Notes de version
Added Breakout Range Precondition
Broke Open=High/Low precondition into two separate conditions.
Notes de version
Added Maximum Allowed candle range to the range precondition check.
Notes de version
Bug Fix: Range Precondition Block now only is checked from the 3rd candle
Notes de version
Switched PreCondBlock check to crossover and crossunder to prevent false positives
Notes de version
Change Range Condition Pre-Check to look at the range setting candle rather than the breakout candle.
Notes de version
Re-implemented bug fix after rolling back changes.
Notes de version
Add new precondition 1st/2nd Candle Ratio
Notes de version
Fix Ratio Switch on / off
Notes de version
Fix for ratio calc
Notes de version
Update - New Features

  • Added RSI Precondition
  • Added x bars exit
Notes de version
New Features:

  • ATR Based Stoploss
  • ATR Based TP
Notes de version
New Feature: Set outer range limits on the RSI Filter

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