Breakoutstrategy — Indicatori e strategie

Apex Edge - London Open Session # Apex Edge - London Open Session Trading System ## Overview The London Open Session indicator captures institutional price action during the first hour of the London forex session (8:00-9:00 AM GMT) and identifies high-probability breakout and retest opportunities. This system tracks the session's high/low range and generates precise entry signals when price breaks or retests these key institutional levels. ## Core Strategy **Session Tracking**: Automatically identifies and marks the London Open session boundaries, creating a trading zone from the first hour's price range. **Dual Entry Logic**: - **Breakout Entries**: Triggers when price closes beyond the session high/low and continues in that direction - **Retest Entries**: Activates when price returns to test the broken level as new support/resistance **Performance Analytics**: Built-in win rate tracking displays real-time performance statistics over user-defined lookback periods, enabling data-driven optimization for each currency pair. ## Key Features ### Automated Zone Detection - Precise London session timing with timezone offset controls - Visual session boundaries with customizable colours - Automatic high/low range calculation and display ### Smart Entry System - Breakout confirmation requiring candle close beyond zone - Retest detection with configurable pip distance tolerance - Separate risk/reward ratios for breakout vs retest entries - Visual entry arrows with clear trade direction labels ### Performance HUD - Real-time win rate calculation over customizable periods (7-365 days) - Total trades tracking with win/loss breakdown - Average risk-reward ratio display - Color-coded performance metrics (green >70%, yellow >50%, red <50%) ### PineConnector Integration - Direct MT4/MT5 execution via PineConnector alerts - Proper forex pip calculations for all currency pairs - Customizable risk percentage per trade - Symbol override capability for broker compatibility - Automatic SL/TP level calculation in pips ## Critical Usage Requirements ### Pair-Specific Optimization Each currency pair requires individual optimization due to varying volatility characteristics, institutional participation levels, and typical price ranges during London hours. The performance HUD is essential for identifying optimal settings before live trading. **Recommended Testing Process**: 1. Apply indicator to desired currency pair and timeframe 2. Experiment with session timing - while 8:00-9:00 AM GMT is standard, some pairs may show improved performance with alternative hourly windows (e.g., 7:00-8:00 AM or 9:00-10:00 AM) 3. Adjust Stop Loss distances, Risk/Reward ratios, and Retest distances 4. Monitor win rate over 30+ day periods using the performance HUD 5. Only proceed with live alerts once consistent 60%+ win rates are achieved 6. Create separate optimized chart setups for each profitable pair/timeframe combination ### Timeframe Specifications This indicator is specifically designed and tested for: - **1-minute charts**: Optimal for capturing immediate institutional reactions - **5-minute charts**: Balanced approach between noise reduction and opportunity frequency Higher timeframes generally produce inferior results due to increased noise and reduced institutional edge during the London session window. ## Settings Configuration ### Session Timing - **London Open/Close Hours**: Adjust for your chart's timezone - **Rectangle End Time**: Set to 4:30 PM to stop signals before NY session close - **Timezone Offset**: Ensure accurate London session capture ### Entry Parameters - **Retest Distance**: 3-8 pips depending on pair volatility - **Stop Loss Pips**: Separate settings for breakouts (10-15 pips) and retests (8-12 pips) - **Risk/Reward Ratios**: Independent ratios for different entry types ### PineConnector Setup - **License ID**: Your PineConnector license key - **Symbol Override**: MT4/MT5 symbol names if different from TradingView - **Risk Percentage**: Position size as percentage of account balance - **Prefix/Comment**: Organize trades in terminal ## Manual Trading Limitations Without PineConnector automation, traders face significant practical challenges: **Settings Management**: Each currency pair requires different optimized parameters. Switching between charts means manually adjusting multiple settings each time, creating potential for errors and missed opportunities. **Timing Sensitivity**: London Open signals can occur rapidly during high-volatility periods. Manual execution may result in slippage or missed entries. **Multi-Pair Monitoring**: Tracking 4-11 currency pairs simultaneously while manually adjusting settings for each switch becomes impractical for most traders. **Parameter Consistency**: Risk of using suboptimal settings when quickly switching between pairs, potentially compromising the careful optimization work. ## Recommended Workflow 1. **Historical Testing**: Use win rate HUD to identify profitable pairs and optimal parameters 2. **Demo Automation**: Test PineConnector alerts on demo accounts with optimized settings 3. **Live Implementation**: Deploy alerts only on proven profitable pair/timeframe combinations 4. **Ongoing Monitoring**: Regular review of performance metrics to maintain edge ## Risk Disclaimer This indicator provides analysis tools and automation capabilities but does not guarantee profitable trading outcomes. Past performance does not predict future results. Users should thoroughly backtest and demo trade before risking live capital. The London session strategy works best during specific market conditions and may underperform during low volatility or unusual market environments. ## Support Requirements Successful implementation requires: - Basic understanding of London session market dynamics - PineConnector subscription for automation features - Patience for proper optimization process - Realistic expectations about win rates and drawdown periods This system is designed for serious traders willing to invest time in proper optimization and risk management rather than plug-and-play solutions.

Breakouts With Timefilter Strategy [LuciTech]This strategy captures breakout opportunities using pivot high/low breakouts while managing risk through dynamic stop-loss placement and position sizing. It includes a time filter to limit trades to specific sessions. How It Works A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low. Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier. Position size adjusts based on the percentage of equity risked. Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted. moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below. The time filter shades the background during active trading hours. Customization: Adjustable pivot length for breakout sensitivity. Risk settings: percentage risked, risk-reward ratio, and stop-loss type. ATR settings: length, smoothing method (RMA, SMA, EMA, WMA). Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.

HOD/LOD/PMH/PML/PDH/PDL Strategy by @tradingbauhaus This script is a trading strategy @tradingbauhaus designed to trade based on key price levels, such as the High of Day (HOD), Low of Day (LOD), Premarket High (PMH), Premarket Low (PML), Previous Day High (PDH), and Previous Day Low (PDL). Below, I’ll explain in detail what the script does: Core Functionality of the Script: Calculates Key Price Levels: HOD (High of Day): The highest price of the current day. LOD (Low of Day): The lowest price of the current day. PMH (Premarket High): The highest price during the premarket session (before the market opens). PML (Premarket Low): The lowest price during the premarket session. PDH (Previous Day High): The highest price of the previous day. PDL (Previous Day Low): The lowest price of the previous day. Draws Horizontal Lines on the Chart: Plots horizontal lines on the chart for each key level (HOD, LOD, PMH, PML, PDH, PDL) with specific colors for easy visual identification. Defines Entry and Exit Rules: Long Entry (Buy): If the price crosses above the PMH (Premarket High) or the PDH (Previous Day High). Short Entry (Sell): If the price crosses below the PML (Premarket Low) or the PDL (Previous Day Low). Long Exit: If the price reaches the HOD (High of Day) during a long position. Short Exit: If the price reaches the LOD (Low of Day) during a short position. How the Script Works Step by Step: Calculates Key Levels: Uses the request.security function to fetch the HOD and LOD of the current day, as well as the highs and lows of the previous day (PDH and PDL). Calculates the PMH and PML during the premarket session (before 9:30 AM). Plots Levels on the Chart: Uses the plot function to draw horizontal lines on the chart representing the key levels (HOD, LOD, PMH, PML, PDH, PDL). Each level has a specific color for easy identification: HOD: White. LOD: Purple. PDH: Orange. PDL: Blue. PMH: Green. PML: Red. Defines Trading Rules: Uses conditions with ta.crossover and ta.crossunder to detect when the price crosses key levels. Long Entry: If the price crosses above the PMH or PDH, a long position (buy) is opened. Short Entry: If the price crosses below the PML or PDL, a short position (sell) is opened. Long Exit: If the price reaches the HOD during a long position, the position is closed. Short Exit: If the price reaches the LOD during a short position, the position is closed. Executes Orders Automatically: Uses the strategy.entry and strategy.close functions to open and close positions automatically based on the defined rules. Advantages of This Strategy: Based on Key Levels: Uses important price levels that often act as support and resistance. Easy to Visualize: Horizontal lines on the chart make it easy to identify levels. Automated: Entries and exits are executed automatically based on the defined rules. Limitations of This Strategy: Dependent on Volatility: Works best in markets with significant price movements. False Crosses: There may be false crosses that generate incorrect signals. No Advanced Risk Management: Does not include dynamic stop-loss or take-profit mechanisms. How to Improve the Strategy: Add Stop-Loss and Take-Profit: To limit losses and lock in profits. Filter Signals with Indicators: Use RSI, MACD, or other indicators to confirm signals. Optimize Levels: Adjust key levels based on the asset’s behavior. In summary, this script is a trading strategy that operates based on key price levels, such as HOD, LOD, PMH, PML, PDH, and PDL. It is useful for traders who want to trade based on significant support and resistance levels.

Breakout Probability (Expo)█ Overview Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays an additional four levels above and under the candle with the probability of hitting these levels. The indicator helps traders to understand the likelihood of the next candle's direction, which can be used to set your trading bias. █ Calculations The algorithm calculates all the green and red candles separately depending on whether the previous candle was red or green and assigns scores if one or more lines were reached. The algorithm then calculates how many candles reached those levels in history and displays it as a percentage value on each line. █ Example In this example, the previous candlestick was green; we can see that a new high has been hit 72.82% of the time and the low only 28.29%. In this case, a new high was made. █ Settings Percentage Step The space between the levels can be adjusted with a percentage step. 1% means that each level is located 1% above/under the previous one. Disable 0.00% values If a level got a 0% likelihood of being hit, the level is not displayed as default. Enable the option if you want to see all levels regardless of their values. Number of Lines Set the number of levels you want to display. Show Statistic Panel Enable this option if you want to display the backtest statistics for that a new high or low is made. (Only if the first levels have been reached or not) █ Any Alert function call An alert is sent on candle open, and you can select what should be included in the alert. You can enable the following options: Ticker ID Bias Probability percentage The first level high and low price █ How to use This indicator is a perfect tool for anyone that wants to understand the probability of a breakout and the likelihood that set levels are hit. The indicator can be used for setting a stop loss based on where the price is most likely not to reach. The indicator can help traders to set their bias based on probability. For example, look at the daily or a higher timeframe to get your trading bias, then go to a lower timeframe and look for setups in that direction. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!

Fractal Breakout Strategy Fractal A type of pattern used in technical analysis to predict a reversal in the current trend. A fractal pattern consists of five bars and is identified when the price meets the following characteristics: 1. A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it. 2. A shift from an uptrend to a downtrend occurs when the highest bar is located in the middle of the pattern and two bars with successively lower highs are positioned around it.