by 
This strategy runs on the price chart and enters long when a fast simple moving average crosses above a slow one, and short on the opposite cross, while closing the other side. Entries also need ATR above a filter, a pullback check, a minimum candle-body chang
Strategy · Pine Script v5 · On the chart
Multi-Order Breakout Strategy Long and Short
This strategy executes breakout trades using Bollinger Bands, an exponential moving average, Parabolic SAR, and an ATR volatility filter.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code66
Settings9inputs
LicenceNone stated
Last update1 year ago7 Oct 2025
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
Long entries open when price closes above the upper band, the SAR, and the EMA while ATR exceeds its moving average, with symmetric rules for shorts. It scales into trades up to a configurable position limit using risk-based position sizing. Exits occur via fixed percentage stop-loss orders or full closures when price crosses the Bollinger midline or the Parabolic SAR. All indicators and bands plot directly on the price chart.
- Multi-order pyramiding up to a user-defined position limit
- Bollinger Bands breakout with EMA trend confirmation
- Parabolic SAR alignment and cross exit logic
- ATR-based volatility threshold filter
- Equity risk-based position sizing with percentage stop loss
Details
Published by
wynnforthework on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Breakout, Trend, Volatility & bands, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| 启用做多策略 | bool | true | enable_long |
| 启用做空策略 | bool | true | enable_short |
| 每笔交易风险 | float | 1.0 | risk_per_trade |
| 回看周期 | int | 20 | lookback |
| 突破倍数 | float | 2.0 | breakout_mult |
| 止损百分比 | float | 2.0 | stop_loss_percent |
| 最大开仓数量 | int | 5 | max_positions |
| ATR周期 | int | 14 | atr_period |
| 均线长度 | int | 100 | ma_len |
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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