OPEN-SOURCE SCRIPT
Momentum Breakout | 200SMA + MACD + StochRSI
Act as an expert quantitative developer. Please write a Pine Script v5 TradingView strategy based on the following logic:
The Strategy: A Momentum Breakout strategy that uses the 200 Simple Moving Average to determine the long-term trend, and the MACD and Stochastic RSI to catch explosive momentum entries.
Entry Condition (Long): > * Price crosses ABOVE the 200 SMA.
AND the MACD line is strictly greater than 0.
AND the Stochastic RSI %K line is greater than 80 (indicating high upward momentum).
Entry Condition (Short):
Price crosses BELOW the 200 SMA.
AND the MACD line is strictly less than 0.
AND the Stochastic RSI %K line is less than 20 (indicating high downward momentum).
TP Condition: A dynamic Take Profit set at the recent resistance level (e.g., the recent swing high prior to the entry).
SL Condition: A dynamic Stop Loss set just below the recent support level (e.g., the recent swing low prior to the entry).
The Strategy: A Momentum Breakout strategy that uses the 200 Simple Moving Average to determine the long-term trend, and the MACD and Stochastic RSI to catch explosive momentum entries.
Entry Condition (Long): > * Price crosses ABOVE the 200 SMA.
AND the MACD line is strictly greater than 0.
AND the Stochastic RSI %K line is greater than 80 (indicating high upward momentum).
Entry Condition (Short):
Price crosses BELOW the 200 SMA.
AND the MACD line is strictly less than 0.
AND the Stochastic RSI %K line is less than 20 (indicating high downward momentum).
TP Condition: A dynamic Take Profit set at the recent resistance level (e.g., the recent swing high prior to the entry).
SL Condition: A dynamic Stop Loss set just below the recent support level (e.g., the recent swing low prior to the entry).
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。
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。