MAX NEW VERSION Previous Day

This strategy combines the concept of breaking the previous day's high with the Donchian channel and various filters to identify high-probability long opportunities.
Operational Logic
1. Entry Signal (LONG)
The strategy goes long when ALL these conditions are met:
Breakout: Close above the previous day's high
Volume: Current volume exceeds the Volume SMA(9) AND volume is increasing compared to the previous bar
Trend: Price above SMA(20)
Donchian Trend: Positive Donchian trend (close above the highest of last 20 bars)
Position Control: No position already opened on the same day
2. Exit Management
Fixed Take Profit: 3% from entry price
Fixed Stop Loss: 2% from entry price
Trailing Stop: Activated at 1% profit, follows the price
3. Additional Filters
Donchian Channel (20 periods): Trend confirmation
Volume Moving Average: Filters low-volume movements
Price SMA: Basic trend filter
Technical Components
Displayed Indicators:
Green Line: Previous day's high (breakout level)
Green TP Line: Take Profit level (only when in position)
Red SL Line: Stop Loss level (only when in position)
Blue Trailing Line: Trailing stop activation point
Configurable Alerts:
Buy Alert: When all long conditions are satisfied
Close Alert: When position is closed (TP/SL/Trailing)
Capital Management Rules
Position:
Single trade per day: Avoids overexposure
Mandatory Stop Loss: Capital protection
Dynamic Trailing: Locks in profits when market moves favorably
Automatic Statistics:
The strategy tracks performance by classifying closed trades into:
Take Profit (TP): Profit ≥ 95% of TP target
Stop Loss (SL): Loss ≥ 95% of SL target
Trailing Exit: Positive profit but below TP target
Parameter Optimization
Adjustable Parameters:
Take Profit: Percentage (default 3%)
Stop Loss: Percentage (default 2%)
Trailing Distance: Activation distance (default 1%)
Donchian Period: Channel length (default 20)
Volume SMA: Volume moving average period (default 9)
Strategy Advantages
Confirmed Breakout: Multiple confirmations from different indicators
Risk Management: Always active stop loss
Volume Filter: Avoids false breakouts
Trend Filtering: Only trades in bullish trend
Exposure Limitation: One trade per day
Ideal Scenario
Bullish trending market with increasing volume, where price breaks the previous day's high with strength (high volume), confirmed by Donchian trend.
Important Notes
Test on different timeframes (recommended H1 or higher)
Adjust TP/SL parameters based on instrument volatility
Consider commissions in real performance
Extensive backtesting before real use
This strategy is suitable for traders who prefer swing trades with medium-term holding, based on confirmed breakouts with solid risk management.
Key Features:
PDH Breakout: Uses the previous day's high as a critical psychological and technical level.
Volume Filter: Entries are only allowed if volume is increasing and above its Moving Average, ensuring the move is backed by institutional interest.
Donchian Trend Filter: A built-in Donchian Channel trend filter ensures we only trade in a confirmed bullish environment.
Smart Risk Management: Integrated Take Profit, Stop Loss, and Trailing Stop to lock in profits dynamically.
Single Entry Logic: The strategy is programmed to avoid overtrading by limiting entries to one per day.
How to use:
Timeframe: Best performed on 15m, 30m, or 1h charts.
Assets: Highly effective on Blue-chip Stocks, Forex majors (EUR/USD, GBP/USD), and Crypto (BTC, ETH).
Settings: You can customize TP/SL percentages and the Trailing Distance directly from the "Inputs" tab.
Alerts: Fully compatible with TradingView alerts for automated trading or notifications.
🚀 Get immediate access to the strategy and activate automatic alerts on your account here: whop.com/max-algo-systems/max-new-version-previous-day-91
This strategy combines the concept of breaking the previous day's high with the Donchian channel and various filters to identify high-probability long opportunities.
Operational Logic
1. Entry Signal (LONG)
The strategy goes long when ALL these conditions are met:
Breakout: Close above the previous day's high
Volume: Current volume exceeds the Volume SMA(9) AND volume is increasing compared to the previous bar
Trend: Price above SMA(20)
Donchian Trend: Positive Donchian trend (close above the highest of last 20 bars)
Position Control: No position already opened on the same day
2. Exit Management
Fixed Take Profit: 3% from entry price
Fixed Stop Loss: 2% from entry price
Trailing Stop: Activated at 1% profit, follows the price
3. Additional Filters
Donchian Channel (20 periods): Trend confirmation
Volume Moving Average: Filters low-volume movements
Price SMA: Basic trend filter
Technical Components
Displayed Indicators:
Green Line: Previous day's high (breakout level)
Green TP Line: Take Profit level (only when in position)
Red SL Line: Stop Loss level (only when in position)
Blue Trailing Line: Trailing stop activation point
Configurable Alerts:
Buy Alert: When all long conditions are satisfied
Close Alert: When position is closed (TP/SL/Trailing)
Capital Management Rules
Position:
Single trade per day: Avoids overexposure
Mandatory Stop Loss: Capital protection
Dynamic Trailing: Locks in profits when market moves favorably
Automatic Statistics:
The strategy tracks performance by classifying closed trades into:
Take Profit (TP): Profit ≥ 95% of TP target
Stop Loss (SL): Loss ≥ 95% of SL target
Trailing Exit: Positive profit but below TP target
Parameter Optimization
Adjustable Parameters:
Take Profit: Percentage (default 3%)
Stop Loss: Percentage (default 2%)
Trailing Distance: Activation distance (default 1%)
Donchian Period: Channel length (default 20)
Volume SMA: Volume moving average period (default 9)
Strategy Advantages
Confirmed Breakout: Multiple confirmations from different indicators
Risk Management: Always active stop loss
Volume Filter: Avoids false breakouts
Trend Filtering: Only trades in bullish trend
Exposure Limitation: One trade per day
Ideal Scenario
Bullish trending market with increasing volume, where price breaks the previous day's high with strength (high volume), confirmed by Donchian trend.
Important Notes
Test on different timeframes (recommended H1 or higher)
Adjust TP/SL parameters based on instrument volatility
Consider commissions in real performance
Extensive backtesting before real use
This strategy is suitable for traders who prefer swing trades with medium-term holding, based on confirmed breakouts with solid risk management.
6 ore fa
Note di rilascio
Overview: This is a high-probability breakout strategy designed to capture momentum when the price breaks above the Previous Day's High (PDH). It combines price action with volume confirmation and trend filtering to avoid false breakouts.
Key Features:
PDH Breakout: Uses the previous day's high as a critical psychological and technical level.
Volume Filter: Entries are only allowed if volume is increasing and above its Moving Average, ensuring the move is backed by institutional interest.
Donchian Trend Filter: A built-in Donchian Channel trend filter ensures we only trade in a confirmed bullish environment.
Smart Risk Management: Integrated Take Profit, Stop Loss, and Trailing Stop to lock in profits dynamically.
Single Entry Logic: The strategy is programmed to avoid overtrading by limiting entries to one per day.
How to use:
Timeframe: Best performed on 15m, 30m, or 1h charts.
Assets: Highly effective on Blue-chip Stocks, Forex majors (EUR/USD, GBP/USD), and Crypto (BTC, ETH).
Settings: You can customize TP/SL percentages and the Trailing Distance directly from the "Inputs" tab.
Alerts: Fully compatible with TradingView alerts for automated trading or notifications.
🚀 Get immediate access to the strategy and activate automatic alerts on your account here: whop.com/max-algo-systems/max-new-version-previous-day-91
This strategy combines the concept of breaking the previous day's high with the Donchian channel and various filters to identify high-probability long opportunities.
Operational Logic
1. Entry Signal (LONG)
The strategy goes long when ALL these conditions are met:
Breakout: Close above the previous day's high
Volume: Current volume exceeds the Volume SMA(9) AND volume is increasing compared to the previous bar
Trend: Price above SMA(20)
Donchian Trend: Positive Donchian trend (close above the highest of last 20 bars)
Position Control: No position already opened on the same day
2. Exit Management
Fixed Take Profit: 3% from entry price
Fixed Stop Loss: 2% from entry price
Trailing Stop: Activated at 1% profit, follows the price
3. Additional Filters
Donchian Channel (20 periods): Trend confirmation
Volume Moving Average: Filters low-volume movements
Price SMA: Basic trend filter
Technical Components
Displayed Indicators:
Green Line: Previous day's high (breakout level)
Green TP Line: Take Profit level (only when in position)
Red SL Line: Stop Loss level (only when in position)
Blue Trailing Line: Trailing stop activation point
Configurable Alerts:
Buy Alert: When all long conditions are satisfied
Close Alert: When position is closed (TP/SL/Trailing)
Capital Management Rules
Position:
Single trade per day: Avoids overexposure
Mandatory Stop Loss: Capital protection
Dynamic Trailing: Locks in profits when market moves favorably
Automatic Statistics:
The strategy tracks performance by classifying closed trades into:
Take Profit (TP): Profit ≥ 95% of TP target
Stop Loss (SL): Loss ≥ 95% of SL target
Trailing Exit: Positive profit but below TP target
Parameter Optimization
Adjustable Parameters:
Take Profit: Percentage (default 3%)
Stop Loss: Percentage (default 2%)
Trailing Distance: Activation distance (default 1%)
Donchian Period: Channel length (default 20)
Volume SMA: Volume moving average period (default 9)
Strategy Advantages
Confirmed Breakout: Multiple confirmations from different indicators
Risk Management: Always active stop loss
Volume Filter: Avoids false breakouts
Trend Filtering: Only trades in bullish trend
Exposure Limitation: One trade per day
Ideal Scenario
Bullish trending market with increasing volume, where price breaks the previous day's high with strength (high volume), confirmed by Donchian trend.
Important Notes
Test on different timeframes (recommended H1 or higher)
Adjust TP/SL parameters based on instrument volatility
Consider commissions in real performance
Extensive backtesting before real use
This strategy is suitable for traders who prefer swing trades with medium-term holding, based on confirmed breakouts with solid risk management.
6 ore fa
Note di rilascio
Overview: This is a high-probability breakout strategy designed to capture momentum when the price breaks above the Previous Day's High (PDH). It combines price action with volume confirmation and trend filtering to avoid false breakouts.
Key Features:
PDH Breakout: Uses the previous day's high as a critical psychological and technical level.
Volume Filter: Entries are only allowed if volume is increasing and above its Moving Average, ensuring the move is backed by institutional interest.
Donchian Trend Filter: A built-in Donchian Channel trend filter ensures we only trade in a confirmed bullish environment.
Smart Risk Management: Integrated Take Profit, Stop Loss, and Trailing Stop to lock in profits dynamically.
Single Entry Logic: The strategy is programmed to avoid overtrading by limiting entries to one per day.
How to use:
Timeframe: Best performed on 15m, 30m, or 1h charts.
Assets: Highly effective on Blue-chip Stocks, Forex majors (EUR/USD, GBP/USD), and Crypto (BTC, ETH).
Settings: You can customize TP/SL percentages and the Trailing Distance directly from the "Inputs" tab.
Alerts: Fully compatible with TradingView alerts for automated trading or notifications.
🚀 Get immediate access to the strategy and activate automatic alerts on your account here: whop.com/max-algo-systems/max-new-version-previous-day-91
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com MaxDRPV.
A TradingView NÃO recomenda pagar ou usar um script, a menos que você confie totalmente em seu autor e entenda como ele funciona. Você também pode encontrar alternativas gratuitas e de código aberto em nossos scripts da comunidade.
Instruções do autor
Aviso legal
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com MaxDRPV.
A TradingView NÃO recomenda pagar ou usar um script, a menos que você confie totalmente em seu autor e entenda como ele funciona. Você também pode encontrar alternativas gratuitas e de código aberto em nossos scripts da comunidade.