EnF BREAKOUT V5

٢٩ أبريل

Ebb n Flo Breakout is a simple strategy that is based on identifying the trend, and trading with the trend.

The script then looks for previous support and resistance levels and opens a trade calculating possible take profits levels

The only input is the Higher Timeframe to evaluate the trend.
Ideal chart timeframe is 15min, ideal htf differs but 2h and 4h works well

The results of the backtester is calculated on the following settings:

Order Size allocation:
50% based on 5% of portfolio allocation at 10x leverage

Profit taking:
50% at target 1
25% at target 2
25% at target 3