OPEN-SOURCE SCRIPT
High Accuracy Volume Breakout Strategy
High Accuracy Volume Breakout Strategy (EMA + RSI Filter)
🧠 Description:
This is a high-accuracy breakout strategy based on volume surges, trend confirmation, and momentum filtering, designed for intraday and short-term trading.
The strategy aims to capture strong directional moves triggered by sudden increases in volume, with entry filters to avoid low-quality or choppy signals.
✅ Entry Logic:
🔺 Buy Entry Conditions:
Current candle closes above previous high
Volume is greater than 1.5× the 20-period average
Price is above 50 EMA (uptrend confirmation)
RSI is below 70 (not overbought)
🔻 Sell Entry Conditions:
Current candle closes below previous low
Volume is greater than 1.5× the 20-period average
Price is below 50 EMA (downtrend confirmation)
RSI is above 30 (not oversold)
🎯 Exit Logic:
Stop Loss: 1.2 × ATR(14)
Take Profit: 2.0 × ATR(14)
🧪 Recommended Settings:
Parameter Value
Timeframe 5-minute, 15-minute
Markets Gold (XAUUSD), Nifty, BankNifty, BTC, NASDAQ
Risk/Reward ~1:1.6
Expected Accuracy ~65–75% in trending markets
📊 Features:
🔸 ATR-based dynamic stoploss and target
🔸 Volume spike confirmation to detect real breakouts
🔸 EMA 50 trend filter to reduce false signals
🔸 RSI filter to avoid extreme zones (overbought/oversold)
🔸 Plotted buy/sell arrows for clarity
⚠️ Disclaimer:
This strategy is for educational purposes only. Please backtest and paper trade before using in live markets. Performance may vary depending on asset and timefram
plot(ema50, color=color.orange)
🧠 Description:
This is a high-accuracy breakout strategy based on volume surges, trend confirmation, and momentum filtering, designed for intraday and short-term trading.
The strategy aims to capture strong directional moves triggered by sudden increases in volume, with entry filters to avoid low-quality or choppy signals.
✅ Entry Logic:
🔺 Buy Entry Conditions:
Current candle closes above previous high
Volume is greater than 1.5× the 20-period average
Price is above 50 EMA (uptrend confirmation)
RSI is below 70 (not overbought)
🔻 Sell Entry Conditions:
Current candle closes below previous low
Volume is greater than 1.5× the 20-period average
Price is below 50 EMA (downtrend confirmation)
RSI is above 30 (not oversold)
🎯 Exit Logic:
Stop Loss: 1.2 × ATR(14)
Take Profit: 2.0 × ATR(14)
🧪 Recommended Settings:
Parameter Value
Timeframe 5-minute, 15-minute
Markets Gold (XAUUSD), Nifty, BankNifty, BTC, NASDAQ
Risk/Reward ~1:1.6
Expected Accuracy ~65–75% in trending markets
📊 Features:
🔸 ATR-based dynamic stoploss and target
🔸 Volume spike confirmation to detect real breakouts
🔸 EMA 50 trend filter to reduce false signals
🔸 RSI filter to avoid extreme zones (overbought/oversold)
🔸 Plotted buy/sell arrows for clarity
⚠️ Disclaimer:
This strategy is for educational purposes only. Please backtest and paper trade before using in live markets. Performance may vary depending on asset and timefram
plot(ema50, color=color.orange)
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。