PROTECTED SOURCE SCRIPT
S/R Breakout 5% TP / 3% SL (v5)
Strategy
Support & Resistance Breakout Strategy – 5% TP / 3% SL (Optimized for NIFTY)
This strategy identifies non‑repainting Support and Resistance levels using confirmed pivot highs and pivot lows. Once a level is confirmed, the strategy waits for a breakout above resistance (for Long trades) or a breakdown below support (for Short trades).
Trades are entered only when a valid breakout occurs, optionally validated by higher‑timeframe trend and volatility filters for more reliable signals.
Key Features
✔️ Non‑repainting Support/Resistance based on ta.pivothigh & ta.pivotlow
✔️ Breakout entry above resistance / breakdown entry below support
✔️ Built‑in 5% Take‑Profit and 3% Stop‑Loss per trade
✔️ Optional higher timeframe (HTF) trend filter using 200‑EMA
✔️ Optional ATR volatility filter to avoid low‑movement markets
✔️ Optional volume filter for futures
✔️ Optional setting to require new S/R formation before next trade
✔️ Designed for NIFTY Futures and intraday timeframes (5m, 15m, 30m)
✔️ Includes proper NSE trading session limitation (09:15–15:30 IST)
Support & Resistance Breakout Strategy – 5% TP / 3% SL (Optimized for NIFTY)
This strategy identifies non‑repainting Support and Resistance levels using confirmed pivot highs and pivot lows. Once a level is confirmed, the strategy waits for a breakout above resistance (for Long trades) or a breakdown below support (for Short trades).
Trades are entered only when a valid breakout occurs, optionally validated by higher‑timeframe trend and volatility filters for more reliable signals.
Key Features
✔️ Non‑repainting Support/Resistance based on ta.pivothigh & ta.pivotlow
✔️ Breakout entry above resistance / breakdown entry below support
✔️ Built‑in 5% Take‑Profit and 3% Stop‑Loss per trade
✔️ Optional higher timeframe (HTF) trend filter using 200‑EMA
✔️ Optional ATR volatility filter to avoid low‑movement markets
✔️ Optional volume filter for futures
✔️ Optional setting to require new S/R formation before next trade
✔️ Designed for NIFTY Futures and intraday timeframes (5m, 15m, 30m)
✔️ Includes proper NSE trading session limitation (09:15–15:30 IST)
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.