OPEN-SOURCE SCRIPT
High-Low Breakout Strategy (Long Only)
This script is a simple yet effective breakout strategy designed for long-only trades. The logic is straightforward:
- **Entry Condition**: Enter long when the close price exceeds the previous high.
- **Exit Condition**: Exit the position when the close price drops below the previous low.
Features:
- Automatically identifies the previous high and low for every bar.
- Displays these levels on the chart for easy reference.
Use this script for backtesting and exploring breakout opportunities in various markets. Let us know your thoughts and how it works for you in the comments!
Disclaimer: This script is for educational purposes only and is not financial advice. Past performance does not guarantee future results.
- Perfect for trend-following traders looking for a mechanical, rule-based approach.
- **Entry Condition**: Enter long when the close price exceeds the previous high.
- **Exit Condition**: Exit the position when the close price drops below the previous low.
Features:
- Automatically identifies the previous high and low for every bar.
- Displays these levels on the chart for easy reference.
Use this script for backtesting and exploring breakout opportunities in various markets. Let us know your thoughts and how it works for you in the comments!
Disclaimer: This script is for educational purposes only and is not financial advice. Past performance does not guarantee future results.
- Perfect for trend-following traders looking for a mechanical, rule-based approach.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.