Sathya: Breakout

Intra-day Breakout Strategy: Developed as a professional service and published for customer verification/acceptance.

If you are interested in development services, please visit the backtest-rookies website.

Features

• Entry on a breakout from second candle of the session
  
• Breakout tolerance zone to prevent false breaks
  
• Take profit
  
• Stop loss
  
• Timed exit (exit at a specific time of day)
  

Versionshinweise:

Update

• Changed stoploss and TP to be set from no of rupees rather than %
  
• Allow re-entry if price crosses back over the breakout levels
  
• Short and Long trades now have a separate close time
  

Versionshinweise:

Updates

• Add switch for long/short entries
  
• use stop orders for entries instead of market orders
  
• Add switches for TP and timed exits
  

Versionshinweise:

Update to measure stop and take profits from break level

Versionshinweise:

New Feature

Precondition: Check whether the first candle is the high of the day before the breakout candle.

Versionshinweise:

Changed pre-condition to look at the open price rather than the high/lows

Versionshinweise:

Bug Fix

Versionshinweise:

Added Breakout Range Precondition
Broke Open=High/Low precondition into two separate conditions.

Versionshinweise:

Added Maximum Allowed candle range to the range precondition check.

Versionshinweise:

Bug Fix: Range Precondition Block now only is checked from the 3rd candle

Versionshinweise:

Switched PreCondBlock check to crossover and crossunder to prevent false positives

Versionshinweise:

Change Range Condition Pre-Check to look at the range setting candle rather than the breakout candle.

Versionshinweise:

Re-implemented bug fix after rolling back changes.

Versionshinweise:

Add new precondition 1st/2nd Candle Ratio

Versionshinweise:

Fix Ratio Switch on / off

Versionshinweise:

Fix for ratio calc

Versionshinweise:

Update - New Features

• Added RSI Precondition
  
• Added x bars exit
  

Versionshinweise:

New Features:

• ATR Based Stoploss
  
• ATR Based TP
  

Versionshinweise:

New Feature: Set outer range limits on the RSI Filter