Session Breakout Strategy



First, start by choosing a Range Session and Trade Session


Next, we filter the Range Session by information that will help further predict price movement in the Trade Session

Our tools are:

Each parameter is customizable.


Next, we set our risk

For example, an '8' stop and an '8' tp would indicate a 1:1 risk-reward. *Note - although you may generate a higher win percent with a less favorable RR, it is rarely worth it.

Finally, we backtest our ideas

After using the ‘Strategy Tester’ tab on TradingView to thoroughly backtest your predictions you are ready to take it to the next level – Automated Trading!

This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don’t have the patience, this will be a game-changer for you as it was for me.


Auto-Trading

When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.

*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*

AutoView

PineConnector

What should I trade?

Check out our Indicator Settings page!

Also, please don’t hesitate to message us or send us an email!

Good luck with your trading!

"Do the right thing. Do the best you can. Always show people you care."

  Lou Holtz - Coach