OPEN-SOURCE SCRIPT
PSOL 02 Keltner Breakout
PSOL 02 Keltner Breakout — TradingView Community Description
PSOL 02 Keltner Breakout is a Breakout strategy designed for VN30F1M (Vietnamese Stock Index Futures), built with Pine Script v5.
📌 Indicators used: Keltner Channel (EMA + ATR-based bands) + SMA(200) Trend Filter
📐 Entry Rules:
Long: Close crosses above the Upper Keltner Band → bullish breakout confirmed
Short: Close crosses below the Lower Keltner Band → bearish breakout confirmed
Entry executes at the open of the next bar after signal confirmation at close.
🚪 Exit Rules:
Stop Loss: Fixed points from entry price (default: 10 points)
Take Profit: Fixed points from entry price (default: 20 points) — optional, can be disabled
Reverse: Position flips automatically when an opposite breakout signal fires with full entry conditions met
End of Session: All positions closed automatically when the session ends
⏰ Time Filter:
Built-in session filter to avoid ATO (8:45–9:00) and ATC (14:30–15:00) periods.
Default session: 9:00 – 14:30. Start/end time fully configurable via inputs.
🔧 Trend Filter (optional):
SMA(200) slope filter — Long signals allowed only when SMA is rising (Bull), Short signals only when SMA is falling (Bear). Can be disabled for both-direction trading.
📍 Recommended for: VN30F1M intraday traders
📊 Note: Keltner Channel is an overlay indicator — it displays directly on the price chart. No additional indicator panel needed.
🔗 Community: zalo.me/g/jvaykb078
PSOL 02 Keltner Breakout is a Breakout strategy designed for VN30F1M (Vietnamese Stock Index Futures), built with Pine Script v5.
📌 Indicators used: Keltner Channel (EMA + ATR-based bands) + SMA(200) Trend Filter
📐 Entry Rules:
Long: Close crosses above the Upper Keltner Band → bullish breakout confirmed
Short: Close crosses below the Lower Keltner Band → bearish breakout confirmed
Entry executes at the open of the next bar after signal confirmation at close.
🚪 Exit Rules:
Stop Loss: Fixed points from entry price (default: 10 points)
Take Profit: Fixed points from entry price (default: 20 points) — optional, can be disabled
Reverse: Position flips automatically when an opposite breakout signal fires with full entry conditions met
End of Session: All positions closed automatically when the session ends
⏰ Time Filter:
Built-in session filter to avoid ATO (8:45–9:00) and ATC (14:30–15:00) periods.
Default session: 9:00 – 14:30. Start/end time fully configurable via inputs.
🔧 Trend Filter (optional):
SMA(200) slope filter — Long signals allowed only when SMA is rising (Bull), Short signals only when SMA is falling (Bear). Can be disabled for both-direction trading.
📍 Recommended for: VN30F1M intraday traders
📊 Note: Keltner Channel is an overlay indicator — it displays directly on the price chart. No additional indicator panel needed.
🔗 Community: zalo.me/g/jvaykb078
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.