Profitable CHANNEL BREAKOUT Strategy in Pine Script

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  • Опубліковано 1 лис 2024

КОМЕНТАРІ • 33

  • @TheArtOfTrading
    @TheArtOfTrading  Рік тому +3

    *Lesson Source Code:* courses.theartoftrading.com/pages/simple-channel-breakout-strategy-in-pine-script
    *Free Email Newsletter:* theartoftrading.com
    *RealTest Software:* mhptrading.com/

  • @nevillebatty4776
    @nevillebatty4776 Рік тому +4

    Hi Matt Thanks for the lesson you have answered a lot of my concerns Neville

  • @infotrading-x
    @infotrading-x 10 місяців тому

    Hi, thanks for the video, do you happen to have a video explaining how to carry out this condition?
    - Opens a Long -> If the Long operation closes at Stop loss -> Opens Short position

  • @ammarhadwan1261
    @ammarhadwan1261 Рік тому +1

    Yes we would like to see more videos on real backtesting methods

  • @curtisjackson3377
    @curtisjackson3377 Рік тому +1

    Thanks for the wonderful video.
    Would love to explore RealTest more with your teachings 💓

  • @alfredociniglio5450
    @alfredociniglio5450 10 місяців тому

    congratulations for the video
    Have you ever had a percent profitable ratio above 35% but a net profit in the red?
    because I don't understand how this is

  • @OnlyLevels
    @OnlyLevels Рік тому +2

    Pl make video on real test software also .on every new script you developed pl show the real test results.
    By the way very very useful stuff I learnt from you. Pl keep doing

  • @GreenStickStrategies
    @GreenStickStrategies Рік тому

    Great lesson as always. I vote for Real Test Software videos, it looks really interesting. Greetings from South America.

  • @yaaymaiko1629
    @yaaymaiko1629 Рік тому

    Real Test seem very useful for me, i would be interested on learning that in the future

  • @jaimeurjel2427
    @jaimeurjel2427 Рік тому

    Hi! Quick question: Why do you use 15 weekly bars on the Channel Lookback?.. btw i really like your channel!!

  • @Jerry327565
    @Jerry327565 Рік тому +2

    Hi Matt, I tried the script on Index and sector ETFs and the results were really bad across a broad range of options. Any thoughts as to why it would perform so poorly at the index and sector level, but do well on individual stocks?
    Thank you so much for your awesome videos!

    • @BluDragonTrading
      @BluDragonTrading Рік тому +1

      index work on traps so usually break out fails. This strategy is based on break out so it will never work

  • @ianarstall
    @ianarstall Рік тому +1

    Interested in Realtest videos thanks.

  • @MrSrikanth9147
    @MrSrikanth9147 8 місяців тому

    Brother i have a one question, if you are please explain or please prepare send that code. i want to get a last week high, close and low using request .Secuity function. but in that i want high, close and low of last week of Tuesday to this week Monday.

  • @norbertszabo5344
    @norbertszabo5344 4 місяці тому

    Hi Matt, Is that possible if I add this script to my chart does not generate any trades on any chart? Tried on stock, crypto no trades. Thanks

  • @renaissancefam5465
    @renaissancefam5465 20 днів тому

    Do these pine scripts work in the WeBull script editor?

  • @RodrigoMoreno-e3w
    @RodrigoMoreno-e3w Рік тому

    How can I implement a daytime strategy in real time coded with PineScript? I do not understand how to implement with binance or Bingx. Did you have some tutorial explaining that?

  • @ProTrader-rq7zc
    @ProTrader-rq7zc Рік тому

    Hi mat love from India I need your help.
    I've been trying to write that program since 3 weeks

  • @zackm4790
    @zackm4790 7 місяців тому

    hey matt..how to setup a strategy that uses trailing stop AND fixed stoploss? i cant find any ways to do that in pinescript..

    • @travisbuddock8778
      @travisbuddock8778 7 місяців тому

      just a guess but maybe set the fixed stop with strategy.exit(), then plot your trailing stop loss and have an if statement e.g.(close < trailing) triggering strategy.close()

  • @atulbhaigandhi6540
    @atulbhaigandhi6540 Рік тому

    How can I connect with you to discuss few more questions.?

  • @martinshi2258
    @martinshi2258 Рік тому +1

    Please make videos demonstrating real backtesting of crypto trading.

  • @andrzejdrop86
    @andrzejdrop86 Рік тому +1

    I'm also interested about Real test tutorial

  • @RodrigoMoreno-e3w
    @RodrigoMoreno-e3w Рік тому

    Real test video!!!

  • @Alphaa101
    @Alphaa101 Рік тому +2

    Interested in Real Test Video

  • @Alphaa101
    @Alphaa101 Рік тому +2

    19:04 Regime Filter links are not in video description.

    • @TheArtOfTrading
      @TheArtOfTrading  Рік тому +2

      Sorry about that, here's the video link - ua-cam.com/video/MV61WcTkV54/v-deo.html

    • @Alphaa101
      @Alphaa101 Рік тому

      @@TheArtOfTrading Do you have plan to update your RSI divergence video?

  • @hangtuahTRADING
    @hangtuahTRADING 10 місяців тому

    i have 3.2 profit factor bot , max dd 12%

  • @Tom-bc9zj
    @Tom-bc9zj Рік тому +1

    Looks like AmiBroker, just coincidence?

    • @TheArtOfTrading
      @TheArtOfTrading  Рік тому +2

      Yeah you're right Tom, RealTest is very similar to AmiBroker, there are some subtle differences but the two platforms are capable of similar core things.
      The main differences are that RealTest supports backtesting multiple strategies simultaneously on one account balance so it's easier to test how two or more strategies affect an equity curve, and the scripting language for RT is a lot easier/more efficient to code in (in my personal opinion)