SOXL Breakout

# SOXL Breakout — Intraday Breakout Levels & Position Sizing

## What It Does

SOXL Breakout is a day-trading overlay indicator designed for leveraged ETFs (SOXL, TQQQ, etc.) on the **5-minute timeframe**. It automatically plots key price levels each morning and tracks position sizing and P&L across two independent accounts.

## How It Works

Every trading day at **09:25 EST**, the indicator captures the open of that candle and draws three levels:

- **OPEN** — the 09:25 candle's open price (white solid line)
- **TRIGGER** — a configurable percentage above the open (green dashed line, default +1.41%). This is your **buy signal**. When price touches this level during RTH, the indicator enters a simulated long position.
- **STOP LOSS** — a configurable percentage below the trigger (red dashed line, default -8%). If price drops to this level while in a position, the trade is closed at a loss.

### Trade Lifecycle

1. **09:25 EST** — Levels are drawn for the day.
2. **During RTH (09:30–16:00)** — If price hits the TRIGGER, a position is entered at the trigger price. Shares are calculated based on your account size and deploy percentage, rounded down to the nearest 100 shares.
3. **Stop Loss** — If price hits the stop-loss level at any time while in a position (including pre-market the next day), the position is closed.
4. **09:20 EST (next day)** — If still in a position, it is auto-sold at the open price. This is the default exit.

### SOXS (Inverse) Entry

An optional feature for hedging or inverse plays. When enabled, if the TRIGGER was **never hit** during RTH on Monday, Thursday, or Friday, a **SOXS ENTRY** line is drawn at the 15:55 closing price. This signals a potential inverse (bearish) entry.

## The Position Sizing Table

A live overlay table displays:

| Row | Description |
|---|---|
| **Account** | Current account balance (seed + cumulative P&L). Shows before/after transition on trade close. |
| **Running P&L** | Live dollar P&L while in a position, or locked P&L after exit. |
| **Status** | Current state: Waiting, Acct updated, In position, Sold - gain, Sold - loss, Stopped out. |
| **Shares** | Number of shares to trade based on account size, deploy %, and trigger price. |
| **Risk** | Dollar risk and percentage risk per account if stopped out. |

The table supports **two independent accounts** — useful for tracking separate portfolios or different position sizes side by side.

## Settings

### Open Candle Time
- **Open Candle Hour/Minute (EST)** — When to capture the reference candle (default: 09:25)
- **Trigger % above Open** — Percentage above open for the buy trigger (default: 1.41%)
- **Stop Loss % below Trigger** — Percentage below trigger for the stop loss (default: 8.0%)

### Line Colours
- Customize colors for the OPEN, TRIGGER, and STOP LOSS lines.

### SOXS Entry
- **Enable SOXS Entry** — Toggle the inverse entry line feature.
- **SOXS ENTRY colour** — Color for the SOXS entry line.

### Account 1 / Account 2
- **Account Name** — Label shown in the table header.
- **Starting Account ($)** — Your account seed capital. Changing this resets cumulative P&L.
- **Deploy %** — Percentage of account to deploy per trade (default: 80%).

### Display
- **Table Position** — Where to place the position sizing table on the chart.

## Important Notes

- This indicator is designed for the **5-minute timeframe only**. A warning label will appear if applied to any other timeframe.
- Cumulative P&L only updates on **realtime bars** to avoid inflated backtest results.
- Changing the starting account value resets the cumulative P&L counter.
- Shares are always rounded down to the nearest 100.
- The indicator does **not** place actual trades — it is a visual and analytical tool only.

## Disclaimer

This indicator is for **educational and informational purposes only**. It does not constitute financial advice. Leveraged ETFs carry significant risk, including the potential for substantial losses. Always do your own research and consult a qualified financial advisor before trading. Past performance does not guarantee future results.

Informacje o Wersji

# SOXL Breakout — Intraday Trading Plan

A rules-based Mon–Fri breakout indicator for SOXL, with a SOXS overnight short overlay and live position sizing for two accounts side-by-side.

---

## What it does

- Draws **OPEN**, **TRIGGER** (+1%) and **STOP** (-7%) levels from the 09:25 NY open candle
- Locks share count per account at trigger time and tracks live $ P&L
- Fires a **BUY SOXS** alert at 15:30 NY on the right days (see plan below)
- Reminds you to sell whatever you're holding at next day's 09:30 open

---

## Day-of-Week Plan

| Day | Storm? | Long | Short |
|-----|--------|------|-------|
| Mon | ignore | trigger entry | SOXS @ 16:00 if no trigger |
| Tue | ignore | trigger entry | — |
| Wed | ignore | trigger entry | — |
| Thu | ignore | trigger entry | SOXS @ 16:00 if no trigger |
| Fri | **matters** | only if **no storm** | SOXS @ 16:00 **if storm** |

**Storm = previous day's range (high − low) / low > 15%.**

---

## Setup (do this once)

1. Apply to a **5-minute SOXL chart** (the indicator warns you if not).
2. Open Settings → Account 1 and Account 2:
- Enter your **Account Name** and **Available Account ($)**.
- Set **Deploy %** (minimum 80%, rounded UP to the nearest 100 shares).
3. Confirm SOXS symbol (default `AMEX:SOXS`).
4. Right-click the indicator → **Add alert on…** → select **Any alert() function call**. This single alert covers both the SOXS-buy reminder and the extended-hours stop-loss.

---

## Daily Workflow

| Time (NY) | What happens |
|-----------|-------------|
| 09:20 | Update each account's **Available Account ($)** with your live balance |
| 09:25 | Script captures the open and draws OPEN / TRIGGER / STOP lines |
| 09:30+ | If SOXL ≥ TRIGGER → buy at trigger price (table shows locked shares & risk) |
| Intraday | If SOXL ≤ STOP → sell, table shows locked loss |
| 15:30 | If today qualifies (see plan), the **BUY SOXS** alert fires once |
| 16:00 | Buy SOXS at the close (LOC). Sell at next day's 09:30 open |
| Next 09:30 | Sell whatever's open (SOXL from yesterday's trigger or SOXS overnight) |

---

## Tables on the chart

**Position Sizing** (default: Bottom Left)
- **Available** — your current balance per account
- **Status** — Waiting / Waiting for trigger / In pos (live $ P&L) / Stopped (locked loss)
- **Shares** — share count locked at trigger time
- **Risk** — % and $ at risk if stop hits
- **Prev Range** — yesterday's range with ⛈ STORM / ✅ calm marker
- **SOXS** — live share count and $ size for the overnight short

**Day-of-Week Plan** (default: Top Right)
- Quick reference of the rules above. Today's row highlights cyan.

Both tables have toggles in **Settings → Display**.

---

## Inputs you'll touch most

- **Account 1/2 → Available Account ($)** — update every morning
- **Account 1/2 → Deploy %** — your sizing (≥ 80%)
- **Storm Range Threshold (%)** — default 15
- **SOXS Alert Hour/Minute** — default 15:30 NY

---

## Alerts

- 🚨 **BUY SOXS NOW** — fires once at the alert time on a qualifying day
- 🚨 **STOP LOSS HIT** — fires outside RTH if SOXL crosses your stop while you're holding

---

## Notes

- Stops are intraday market exits; if hit outside RTH, you'll get the alert and need to close manually.
- Share counts always round **UP** to the nearest 100, so realized deployment ≥ your set %.
- Storm Skip half-sizing for Mon–Thu has been removed — those days now deploy full size regardless of yesterday's range. Storm only matters on Fridays.

---

## Disclaimer

This is a trading aid, not financial advice. Backtests use historical data and do not guarantee future results. SOXL/SOXS are 3× leveraged ETFs — drawdowns can be severe. Use at your own risk.

---
---

# 🇰🇷 SOXL Breakout — 한국어 안내

월~금 단순 룰 기반 SOXL 돌파 인디케이터입니다. SOXS 야간 숏 오버레이가 같이 들어 있고, 두 계좌를 동시에 보면서 사이즈/손익을 실시간으로 확인할 수 있어요.

---

## 무엇을 해주나요

- **OPEN / TRIGGER (+1%) / STOP (-7%)** 가격선을 09:25 NY 캔들에서 자동으로 그려줍니다
- 트리거 닿는 순간 계좌별 주식 수를 락(lock)하고 실시간 $ 손익을 표시
- 정해진 날에는 **15:30 NY**에 "SOXS 사세요" 알람이 울려요
- 다음날 **09:30 NY** 시초가에 보유 종목을 매도하라고 알려줍니다

---

## 요일별 룰

| 요일 | 폭풍? | 롱 (SOXL) | 숏 (SOXS) |
|------|-------|----------|----------|
| 월 | 무시 | 트리거 진입 | 트리거 안 닿으면 16:00에 SOXS |
| 화 | 무시 | 트리거 진입 | — |
| 수 | 무시 | 트리거 진입 | — |
| 목 | 무시 | 트리거 진입 | 트리거 안 닿으면 16:00에 SOXS |
| 금 | **중요** | **폭풍 아닌 날만** 진입 | **폭풍이면** 16:00에 SOXS |

**폭풍(Storm) = 어제 캔들 (고가 − 저가) / 저가 > 15%**

---

## 처음 한 번만 세팅

1. **SOXL 5분봉 차트**에 적용 (틀리면 경고가 뜹니다)
2. 설정창에서 계좌 1, 2 입력:
- **Account Name** (계좌 이름)
- **Available Account ($)** (현재 가용 잔고)
- **Deploy %** (최소 80%, 100주 단위로 올림)
3. SOXS 심볼 확인 (기본 `AMEX:SOXS`)
4. 인디케이터 우클릭 → **알람 추가** → **Any alert() function call** 선택. 이 알람 하나면 SOXS 매수 알람과 장외 손절 알람이 모두 작동합니다.

---

## 매일 흐름

| 시간 (NY) | 할 일 |
|-----------|------|
| 09:20 | 계좌별 **Available Account ($)** 를 현재 잔고로 업데이트 |
| 09:25 | 스크립트가 시초가를 잡고 OPEN/TRIGGER/STOP 선을 그림 |
| 09:30~ | SOXL이 TRIGGER 닿으면 트리거 가격에 매수 (테이블에 주식 수/리스크 표시) |
| 장중 | SOXL이 STOP 닿으면 매도, 테이블에 확정 손실 표시 |
| 15:30 | 오늘 SOXS 사야 하는 날이면 **BUY SOXS** 알람이 한 번 울림 |
| 16:00 | 종가에 SOXS 매수 (LOC 주문). 다음날 09:30에 매도 |
| 다음날 09:30 | 보유 종목(어제 산 SOXL이든 SOXS든) 시초가 매도 |

---

## 차트 위 테이블

**Position Sizing** (기본 위치: 좌하단)
- **Available** — 계좌별 현재 잔고
- **Status** — 대기 / 트리거 대기 / 보유 중 (실시간 $ 손익) / 손절 (확정 손실)
- **Shares** — 트리거 시점에 락된 주식 수
- **Risk** — 손절 시 손실 (% / $)
- **Prev Range** — 어제 캔들 범위 + ⛈ 폭풍 / ✅ 평온 표시
- **SOXS** — 야간 숏 주식 수 / 금액

**Day-of-Week Plan** (기본 위치: 우상단)
- 위 룰을 차트에서 바로 볼 수 있도록. 오늘 행이 시안색으로 강조됩니다.

두 테이블 모두 **설정 → Display** 에서 토글 가능.

---

## 자주 만지는 입력값

- **계좌 1/2 → Available Account ($)** — 매일 아침 업데이트
- **계좌 1/2 → Deploy %** — 사이즈 (80% 이상)
- **Storm Range Threshold (%)** — 기본 15
- **SOXS Alert Hour/Minute** — 기본 15:30 NY

---

## 알람

- 🚨 **BUY SOXS NOW** — 해당 요일/조건에서 알람 시간에 한 번 울림
- 🚨 **STOP LOSS HIT** — 장외에 SOXL이 손절선 닿으면 울림 (수동 청산 필요)

---

## 알아둘 점

- 손절은 장중 시장가 청산 기준. 장외에 닿으면 알람만 울리고 직접 닫아야 합니다.
- 주식 수는 항상 100주 단위로 **올림**해서, 실 배포율은 설정값 이상.
- 월~목 폭풍 절반 사이즈 룰은 제거되었습니다. 폭풍은 **금요일에만** 의미가 있어요.

---

## 면책

이건 매매 보조 도구이지 투자 자문이 아닙니다. 백테스트는 과거 데이터 기반이고 미래 수익을 보장하지 않아요. SOXL/SOXS는 3배 레버리지 ETF — 손실이 클 수 있습니다. 본인 책임 하에 사용하세요.

Skrypt open-source

W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.

terribleDiarrhea

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.

Skrypt open-source

terribleDiarrhea