Pine Script V4: A Breakout Strategy

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LESSON RESOURCES: 📊 Source Code: https://courses.theartoftrading.com/pages/pine-script-mastery-source-code#dbo 📊 Backtesting Guide: https://www.backtestingfx.com/

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In this lesson I answer a question from a Mastery Course student. He wanted to create a tool to assist him in trading intraday breakouts of previous daily highs & lows, and that's exactly what this script does!

Want to learn Pine Script? Look no further. I have you covered.

With over 15 years of coding experience and 4+ years of trading experience, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.

If you want more information about who I am and what I do, head over to https://theartoftrading.com/

▼Timestamps▼ 00:00 - Intro & Overview 01:25 - User Input 02:43 - Get Daily High & Low 04:35 - Calculating Entry, Stops & Targets 07:14 - Detecting A New Day 08:24 - Setting Buy Stop & Sell Stop Orders 10:00 - OCA (One-Cancels-All Parameter) 12:05 - Exiting Trades 13:10 - Drawing Strategy Info to Chart 14:34 - Analyzing Some Example Trades 15:25 - Warning About TradingView's Strategy Tester 18:05 - Notes About Backtesting & Confirming Profitability 21:23 - Summary & Outro

#PineScript #TradingView #Strategy ... https://www.youtube.com/watch?v=Dr-GxdbAaXg