This trend-following strategy executes a classic Donchian channel breakout system designed to cross-validate backtest results against external framework benchmarks. It triggers a long entry when the closing price breaks above the highest high of the prior entr
Strategy · Pine Script v6 · On the chart
Kinetic Kalman Breakout
A strategy that fits a two-state Kalman filter, tracking position and velocity, to the close price, then builds bands around the filtered price using a multiple of the mean absolute error.
GitHub stars1on the repository
Pine versionv6current
Lines of code93
Settings6inputs
LicenceNone stated
Last update7 days ago22 Oct 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
Kinetic Kalman Breakout goes long when the close crosses above the upper band and short when it crosses below the lower band, reversing the position. Noise settings, band lookback and multiplier are adjustable. The filter and bands are drawn on the price chart. There is no stop loss.
- Two-state Kalman filter on price
- Error-based upper and lower bands
- Band crossover long and short reversals
- Adjustable noise, lookback and multiplier
Details
Published by
kanylbullen on GitHub
Type
Draws
On the price chart
Markets
Timeframes
Any timeframe
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 |
|---|---|---|---|
| Base Process Noise (Position) | float | 0.05 | processNoisePos |
| Base Process Noise (Velocity) | float | 0.0001 | processNoiseVel |
| Base Measurement Noise (R) | float | 250 | measurementNoise |
| Band Lookback for Abs Error | int | 200 | bandLookback |
| Band Multiplier | float | 2.6 | bandMultiplier |
| ATR Trailing Multiplier (Ref) | float | 7.88 | m |
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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