OPEN-SOURCE SCRIPT
Livermore-Seykota Breakout Strategy

Strategy Name: Livermore-Seykota Breakout Strategy
Objective: Execute breakout trades inspired by Jesse Livermore, filtered by trend confirmation (Ed Seykota) and risk-managed with ATR (Paul Tudor Jones style).
Entry Conditions:
Long Entry:
Close price breaks above recent pivot high.
Price is above main EMA (EMA50).
EMA20 > EMA200 (uptrend confirmation).
Current volume > 20-period SMA (volume confirmation).
Short Entry:
Close price breaks below recent pivot low.
Price is below main EMA (EMA50).
EMA20 < EMA200 (downtrend confirmation).
Current volume > 20-period SMA.
Exit Conditions:
Stop-loss: ATR × 3 from entry price.
Trailing stop: activated with offset of ATR × 2.
Strengths:
Trend-aligned entries with volume breakout confirmation.
Dynamic ATR-based risk management.
Inspired by principles of three legendary traders.
Objective: Execute breakout trades inspired by Jesse Livermore, filtered by trend confirmation (Ed Seykota) and risk-managed with ATR (Paul Tudor Jones style).
Entry Conditions:
Long Entry:
Close price breaks above recent pivot high.
Price is above main EMA (EMA50).
EMA20 > EMA200 (uptrend confirmation).
Current volume > 20-period SMA (volume confirmation).
Short Entry:
Close price breaks below recent pivot low.
Price is below main EMA (EMA50).
EMA20 < EMA200 (downtrend confirmation).
Current volume > 20-period SMA.
Exit Conditions:
Stop-loss: ATR × 3 from entry price.
Trailing stop: activated with offset of ATR × 2.
Strengths:
Trend-aligned entries with volume breakout confirmation.
Dynamic ATR-based risk management.
Inspired by principles of three legendary traders.
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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。