OPEN-SOURCE SCRIPT
S/R Breakout Strategy LONG ONLY
S/R Breakout Strategy is a long-only trend-following strategy that enters positions when price breaks above a confirmed resistance level. It features independent take-profit management per trade, a built-in cooldown mechanism, and a multi-timeframe SMA filter to ensure trades align with the broader market trend.
This strategy is designed for traders who prefer systematic breakout entries with strict risk controls and the ability to manage multiple positions simultaneously.
🔧 Key Features
1. Support & Resistance Breakout Entry
Identifies swing highs and swing lows using configurable left/right bar parameters.
Enters a long position when price crosses above a confirmed resistance level.
Validates that the channel width between support and resistance does not exceed a user-defined maximum percentage — ensuring entries occur only in reasonably tight ranges.
2. Independent Take Profit Per Trade
Each trade has its own dynamically calculated take-profit level based on the entry price.
Take profit is set as a percentage above entry, allowing consistent risk-to-reward structure across all positions.
3. Cooldown Mechanism
Prevents consecutive entries immediately after a trade is opened.
Configurable number of bars to wait before allowing a new entry — useful for avoiding overtrading in volatile conditions.
4. Multi-Timeframe SMA Filter
Optionally uses an SMA (Simple Moving Average) on a higher or custom timeframe to filter entries.
Ensures trades are taken only when price is above the SMA and beyond a minimum distance percentage — helping avoid trades against the dominant trend.
5. Position Management
Limits the maximum number of concurrent open trades to control exposure.
Allows pyramiding (multiple entries) with independent exits.
📈 How to Use
1. Add the strategy to your chart.
2. Configure the parameters according to your trading style and market conditions.
3. Enable or disable the SMA filter based on whether you want trend confirmation.
4. Backtest on your preferred symbols and timeframes to validate performance.
Recommended use: This strategy works well on 3-4 minutes timeframe cooldown bars must be 50 or above
This strategy is designed for traders who prefer systematic breakout entries with strict risk controls and the ability to manage multiple positions simultaneously.
🔧 Key Features
1. Support & Resistance Breakout Entry
Identifies swing highs and swing lows using configurable left/right bar parameters.
Enters a long position when price crosses above a confirmed resistance level.
Validates that the channel width between support and resistance does not exceed a user-defined maximum percentage — ensuring entries occur only in reasonably tight ranges.
2. Independent Take Profit Per Trade
Each trade has its own dynamically calculated take-profit level based on the entry price.
Take profit is set as a percentage above entry, allowing consistent risk-to-reward structure across all positions.
3. Cooldown Mechanism
Prevents consecutive entries immediately after a trade is opened.
Configurable number of bars to wait before allowing a new entry — useful for avoiding overtrading in volatile conditions.
4. Multi-Timeframe SMA Filter
Optionally uses an SMA (Simple Moving Average) on a higher or custom timeframe to filter entries.
Ensures trades are taken only when price is above the SMA and beyond a minimum distance percentage — helping avoid trades against the dominant trend.
5. Position Management
Limits the maximum number of concurrent open trades to control exposure.
Allows pyramiding (multiple entries) with independent exits.
📈 How to Use
1. Add the strategy to your chart.
2. Configure the parameters according to your trading style and market conditions.
3. Enable or disable the SMA filter based on whether you want trend confirmation.
4. Backtest on your preferred symbols and timeframes to validate performance.
Recommended use: This strategy works well on 3-4 minutes timeframe cooldown bars must be 50 or above
开源脚本
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开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。