INVITE-ONLY SCRIPT
EnF BREAKOUT V5
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
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
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact EbbNFlo_Trading for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
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