OPENING RANGE / PRE MARKET BREAKOUT
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Deep Backtesting feature allows to see if there is a long-term potential in a strategy
- Great for intraday day trading style, for Indices, Stocks and Commodities
- Full-cycle trading system, with labels and alerts from trade open to trade close
- Provides TP (Take-Profit) and SL (Stop-Loss) levels at trade open alert
- Every calculation is done on a confirmed closed candle bar, so the indicator will never repaint
- Works on the most popular timeframes: 1M, 3M, 5M, 15M, 30M, 45M
NOTE: At position open - there will be calculated Take-Profit and Stop-Loss targets, however each target is considered hit, when candle bar closes breaking that target, so Take-Profit and Stop-Loss when hit will slightly differ then levels at position open!
Our product stands out by providing Backtesting results for every Trading Strategy, validating the potential of our algorithms. While there's inherent risk in any investment and our approach is certainly riskier than 1.5-5% Certificate of Deposit (CD), it offers more promising outcomes based on historical patterns. This potential is notable in cryptocurrencies, futures, FOREX pairs, indices, stocks and commodities.
Indicator Main Features
- Opening/Pre-Market Price Range levels for breakout trade signals.
- AI selected dynamic S&R (Support and Resistance) levels, which can be used as well for additional TP (Take-Profit) and SL (Stop-Loss) levels calculation.
- Smart Breakout feature with confirmation bounce and a subsequent confirmation breakout.
- 3 TP (Take-Profit) systems and 6 SL (Stop-Loss) systems, static/dynamic/trailing, Automated ATR (Average True Range) trailing SL (Stop-Loss), which can be set to switch on at no optimal S&R (Support and Resistance) levels, minimizing the risk.
- Single or Multiple profit targets (up to 5).
- Take-Profit customizable offset feature (set Take-Profit targets slightly before everyone is expecting it!).
- Candle bar signal analysis (matching candle direction/color, skip opposite structured and/or doji candle uncertain signals).
- Additional analysis of signals through VWAP/EMA/ATR/EWO/MACD+RSI/Volume for best potential trades.
- Advanced Alerts with JSON output, which can be potentially setup with a trading bot over TradingView Webhook (NOTE: This will require advanced programming knowledge).
- Trading Schedule with customizable trading daily time range (set your own trading schedule), automatic trade daily closing alert at any hour or leaving the trade open overnight until it either hits TP (Take-Profit) or SL (Stop-Loss) target(s).