OPEN-SOURCE SCRIPT

ADR AsianLS

5 269
Here is the professional English description for your ADR AsianLS strategy, ready to be published on TradingView:

ADR AsianLS - Range Breakout Strategy
ADR AsianLS is a technical trading tool designed to identify and trade breakouts from the Asian session range. This system is optimized to capture high-probability momentum moves following periods of market consolidation, applying strict confirmation filters to ensure quality entries.

How it Works:
The strategy marks the high and low price levels of a specific session (defaulted to the Asian session) and waits for a clean breakout to align with the market's momentum.

Key Features:
Visual Range Identification: Automatically plots the session's maximum and minimum levels with a clear cyan box.

Confirmation Filter: Validates breakouts based on candle body percentage to filter out "fakeouts" or simple wicks.

Integrated Risk Management: Automatically calculates and displays the Stop Loss and two Take Profit targets (TP1 and TP2) directly on the chart.

Execution Discipline: Limited to a single entry per session to prevent overtrading and protect your capital.

Recommended Settings:
Symbol: XAUUSD (Gold)

Timeframe: 30 Minutes (M30)

Session: Adjustable to your specific time zone.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.