OPEN-SOURCE SCRIPT

Momentum Breakout | 200SMA + MACD + StochRSI

545
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).

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.