This strategy identifies volatility breakout opportunities by constructing dynamic ATR-based price boxes and detecting volatility squeezes. Trades are filtered using an exponential moving average trend condition and designated session hours. Entries trigger up
Strategy · Pine Script v6 · On the chart
XAUUSD Momentum Breakout Strategy
This strategy captures momentum moves on gold by combining Bollinger Band breakouts with EMA trend confirmation.
GitHub stars2on the repository
Pine versionv6current
Lines of code146
Settings9inputs
LicenceNone stated
Last update4 months ago9 Jun 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
XAUUSD Momentum Breakout Strategy restricts trade entry to active European and US trading sessions based on specified hours. Exits are managed dynamically through an ATR-based initial fixed stop loss and a ratcheting ATR trailing stop. Key settings allow adjustment of Bollinger Band parameters, fast and slow EMA lengths, ATR multipliers, and session trading windows. The strategy plots overlay signals directly on the price chart.
- Bollinger Bands breakout detection
- Dual EMA trend direction confirmation
- Session time filtering for European and US market hours
- ATR-based fixed stop loss and trailing stop management
Details
Published by
Young666YHF on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Breakout, Trend, Sessions & time, Volatility & bands
Markets
Gold
Timeframes
M15-H1
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 |
|---|---|---|---|
| 布林带周期 | int | 20 | bb_period |
| 布林带标准差 | float | 2.0 | bb_std |
| EMA快线周期 | int | 20 | ema_fast_len |
| EMA慢线周期 | int | 50 | ema_slow_len |
| ATR周期 | int | 14 | atr_period |
| 止损ATR倍数 | float | 1.2 | stop_loss_atr_mult |
| 追踪止损ATR倍数 | float | 2.5 | trailing_stop_atr_mult |
| 欧美盘开始(北京时间) | int | 15 | european_start |
| 欧美盘结束(北京时间) | int | 2 | european_end |
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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