OPEN-SOURCE SCRIPT

Strategy-Based Breakout Backtest by Alturoi

33
This educational strategy is designed to help active traders learn how to turn trading ideas into data-driven decisions by testing strategies against historical price action before risking real capital.

The script walks through the step-by-step backtesting workflow on TradingView, showing how strategy logic, entries, exits, and risk rules translate into measurable performance metrics such as win rate, drawdown, and expectancy.

What this script helps you learn:

How to backtest on TradingView using Pine Script strategies

How the Strategy Tester calculates performance results

How to interpret win rate, drawdowns, and consistency

How to validate breakout and support/resistance concepts

How to identify structural edge — or flaws — before going live

This is not a signal service or financial advice. It is an educational framework meant to help traders understand proper backtesting techniques and avoid common mistakes when evaluating trading strategies.

Use this script as a learning template to experiment, modify logic, and improve your understanding of how professional backtesting on TradingView works.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.