This strategy plots running pivot highs as red R circles and pivot lows as blue S circles directly on the price chart. It computes an EMA 3 and a Cto trend line from close prices, then generates long signals on upward EMA-Cto crossovers combined with price pos
Strategy · Pine Script v6 · On the chart
Dragon Breakout
A long strategy that plots five moving averages (25, 50, 100, 150 and 300 by default, SMA or EMA) and looks for a bullish candle that opens below and closes above at least a set number of them.
GitHub stars1on the repository
Pine versionv6current
Lines of code286
Settings22inputs
LicenceNone stated
Last update7 months ago31 Mar 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
The breakout must come on volume above a ratio of its recent average and with a large enough body, then a retest within a short window is checked. A score threshold gates entries, and exits use a selectable average. Markers, retest levels and scores can be shown. There is no stop loss.
- Five configurable moving averages
- Breakout candle crossing several averages
- Volume and candle body filters
- Retest window and score threshold
- Exit on a chosen moving average
Details
Published by
AlanGuo on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Breakout, Moving averages
Markets
Any symbol
Timeframes
H4 and above
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MA Type | string | SMA | ma_type |
| MA Period 1 | int | 25 | ma_period_1 |
| MA Period 2 | int | 50 | ma_period_2 |
| MA Period 3 | int | 100 | ma_period_3 |
| MA Period 4 | int | 150 | ma_period_4 |
| MA Period 5 | int | 300 | ma_period_5 |
| Min Cross Count | int | 3 | min_cross_count |
| Volume Lookback | int | 20 | volume_lookback |
| Min Volume Ratio | float | 1.2 | volume_min_ratio |
| Body Lookback | int | 20 | body_lookback |
| Breakout Lookback | int | 15 | breakout_lookback |
| Retest Window | int | 5 | retest_window |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Retest Body Ratio | float | 0.5 | retest_body_ratio |
| Enable Backtest | bool | true | enable_backtest |
| Min Score Threshold | float | 0.8 | min_score_threshold |
| Backtest Start Date | time | timestamp("2017-01-01 00:00") | start_date |
| Backtest End Date | time | timestamp("2099-01-01 00:00") | end_date |
| Exit MA | string | MA 1 | exit_ma_option |
| Show MAs | bool | true | show_mas |
| Show Breakout Markers | bool | true | show_breakout_markers |
| Show Retest Levels | bool | true | show_retest_levels |
| Show Score | bool | true | show_score |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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