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
RG Structure Break-Retest Strategy
RG Structure Break-Retest Strategy estimates pivot-constrained support and resistance trendlines and evaluates market regimes.
GitHub stars5on the repository
Pine versionv6current
Lines of code495
Settings33inputs
LicenceNone stated
Last update7 weeks ago3 Sep 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
RG Structure Break-Retest Strategy enters trades upon two-stage break and retest confirmation, scoring setup quality to dynamically scale position sizing between tier setups. Risk management features include frozen action and safety boundary lines, breakeven stop-loss triggers, partial profit-taking, and hybrid trailing stops. Plotted directly on the price chart, configurable inputs adjust pivot lookbacks, scoring weight penalties, ATR tolerances, and risk parameters.
- Pivot-constrained trendline structure estimation
- Two-stage break and retest detection logic
- Dynamic setup quality classification and position sizing
- Hybrid trailing stop with breakeven lock and partial take profit
Details
Published by
AllienNova on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Support & resistance, Breakout
Markets
Any symbol
Timeframes
M15-H1, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
aicredit-repairfintechtypescript
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Price Source | source | hlc3 | src |
| Structure Lookback Window (N) | int | 200 | N |
| Pivot Left Bars | int | 2 | left |
| Pivot Right Bars | int | 2 | right |
| Max Pivots Stored | int | 12 | maxPivots |
| Violation Eval Step | int | 4 | evalStep |
| Min Pivot Touches | int | 2 | minTouches |
| Touch Tolerance (α × ATR) | float | 0.10 | tauMult |
| Span Reward Weight | float | 0.20 | wSpan |
| Violation Penalty (λ) | float | 1.50 | lamViol |
| Break Penetration (βp × ATR) | float | 0.10 | breakPenATR |
| Break Confirmation (βc × ATR) | float | 0.15 | breakConfATR |
Show all 33 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Retest Buffer (γ × ATR) | float | 0.20 | retestATR |
| Fail Buffer (δ × ATR) | float | 0.20 | failATR |
| Retest Window (M bars) | int | 12 | retestMaxBars |
| Regime Window (ER/Cross) | int | 150 | erLen |
| ER Trend Threshold | float | 0.35 | erTrendThr |
| ER Range Threshold | float | 0.20 | erRangeThr |
| Max Crossings for Trend | int | 8 | crossTrendMx |
| Min Crossings for Range | int | 20 | crossRangeMn |
| Risk % (A Setup) | float | 1.0 | riskPctA |
| Risk % (B Setup) | float | 0.5 | riskPctB |
| A Setup Q Threshold | float | 0.70 | qA |
| B Setup Q Threshold | float | 0.60 | qB |
| Max dSafety (ATR units) | float | 2.5 | dSafetyMax |
| Stop Buffer (× ATR) | float | 0.20 | stopBufATR |
| BE Trigger (R) | float | 0.8 | beTrigR |
| Partial Take Profit (R) | float | 1.0 | partialR |
| Partial Qty % | int | 60 | partialPct |
| Trail Start (R) | float | 1.0 | trailStartR |
| Trail Buffer (× ATR) | float | 0.20 | trailBufATR |
| Time Stop Bars | int | 20 | timeStopBars |
| ATR Length | int | 14 | atrLen |
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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