TL Breakout + SR + Pro Logic [STRATEGY v8.5] IndicatorEdge By SG

Tired of chasing false breakouts and trading low-quality reversal signals? The TL Breakout Pattern Score Pro is a definitive, institutional-grade trading strategy that combines dynamic trendline analysis with a powerful candlestick scoring engine.
This is not just another breakout indicator. It is a complete, backtestable system designed to identify a high-probability breakout, wait patiently for a retest of the broken structure, and only then enter a trade if confirmed by a high-scoring candlestick pattern. It’s a systematic approach built for discipline, precision, and robust risk management.
Key Features
🛡️ Dual Analysis Modes: Switch between two powerful analysis methods with a single click:
Diagonal Trendlines: Automatically draws and extends swing-based trendlines, identifies the breakout, and creates a "retest zone."
Horizontal S/R Channels: Identifies classic support and resistance channels based on a defined lookback period, trading breakouts and retests of these key horizontal levels.
🔟 Dynamic Pattern Scoring Engine: This is the "Pro Logic." The strategy doesn't just find patterns; it scores them. It quantifies the strength of reversal patterns like the Engulfing, Morning/Evening Star, and Hammer. A trade is only triggered if the pattern's score meets your minimum threshold.
⚙️ Professional Risk & Trade Management:
Risk-Based Position Sizing: Automatically calculates the correct position size for every trade based on your chosen risk percentage and the stop loss distance.
Partial Take Profits: Secures profits at a primary target (TP1) while leaving the rest of the position to run.
Move to Breakeven & Trailing Stop: After TP1 is hit, the stop loss is moved to breakeven, and an intelligent ATR-based trailing stop activates to lock in gains as the trend continues.
🚦 Intelligent Market Filters: The strategy is designed to stay flat in poor conditions.
BBW Squeeze Filter: Avoids entries during periods of low-volatility consolidation.
ATR Volatility Filter: Ensures the market has enough movement to be worth trading.
Volume & EMA Trend Filters: Confirms that volume and the long-term trend are in your favor before committing to a trade.
📊 The "Story" Dashboard: The on-screen dashboard tells you everything you need to know in a single glance: Is the market tradable? What is the current pattern score? How is the backtest performing (Net Profit, Profit Factor, Win Rate)?
How the Strategy Works: The 4-Step Logic
This strategy is built on a patient, four-step process:
Structure Break: The system first identifies a valid breakout of either a diagonal trendline or a horizontal support/resistance level.
Wait for Retest: Instead of chasing the breakout, it creates a "retest zone" around the broken structure and patiently waits for price to return.
Pattern Confirmation: When price enters the retest zone, the strategy activates its pattern scoring engine. It looks for a high-quality, high-scoring reversal pattern that confirms the retest is holding.
Execute & Manage: Only if the pattern score is high enough, the strategy enters a trade with a pre-calculated position size, stop loss, and multiple take-profit targets.
How to Use This Strategy
Select Analysis Mode: Choose between "Diagonal Trendlines" or "Horizontal S/R Channels" based on the current market structure.
Backtest: Use the Strategy Tester to analyze the performance on your preferred asset and timeframe. This is a powerful tool for understanding the strategy's historical behavior.
Review the Dashboard: The dashboard provides real-time feedback on the market conditions and pattern strength. A green "ACTIVE" status and a high pattern score are ideal.
Adjust Risk: The most important setting is your "Risk % Per Trade." Adjust this according to your personal risk tolerance.
Disclaimer: This tool is for educational and analytical purposes only. All trading involves substantial risk, and the author, IndicatorEdge By SG, is not liable for any financial losses incurred. Past performance and backtest results are not indicative of future results. Please trade responsibly.