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AlgoPulse Now Offering TradingView Scripts: Variable Average Breakout Strategy Available

If you've been following our work at AlgoPulse, you know we're all about giving traders practical tools that actually work. Today, I'm excited to share that we're launching something new: direct access to our TradingView scripts.

We're starting with our Variable Average Breakout strategy script, which has been a workhorse in our own trading. More scripts will be added over time, but we wanted to kick things off with something that represents our approach to systematic trading.



What Is the Variable Average Breakout Strategy?


The Variable Average Breakout is a TradingView indicator that combines pivot point entries with adaptive moving average filtering. It was originally built for NAS100 on the hourly timeframe, but the parameters can be adjusted for other liquid markets like ES, SPY, or forex pairs.

The strategy uses a Variable Moving Average (VMA) as its foundation. Unlike standard moving averages that use fixed periods, the VMA adjusts its calculation based on directional movement and volatility. This means it responds faster during trending markets and becomes less sensitive during consolidation, which helps reduce whipsaws.


How the TradingView Script Works


Entry signals come from pivot highs and lows. When price forms a pivot and breaks through the VMA, the strategy enters using a stop order above or below the pivot level. This approach helps filter out false breakouts from quick spikes that don't lead anywhere.


The script includes several practical features for day trading:

  • Session time filtering to avoid trading during low-liquidity hours

  • Independent controls for long and short positions

  • Optional "trade on flats" setting for entries when the VMA is horizontal

  • Volume-weighted moving average as an additional exit reference

  • Visual trend direction indicators


Trading Strategy Performance and Expectations


Let me be clear about what this is and what it isn't. This TradingView script isn't a guaranteed profit machine. It's a systematic trading approach that needs proper risk management and position sizing, like any other strategy.

The default settings work reasonably well on NAS100 hourly charts based on our testing, but you'll probably need to adjust parameters for your specific market and timeframe. The strategy performs best in trending conditions and can struggle when markets are choppy or range-bound.


Optimizing for Your Trading Style


One of the advantages of getting the actual TradingView script is that you can modify it. The logic is straightforward enough to adjust if you understand Pine Script, but it's not just a simple moving average crossover with pivots thrown in. There's real methodology behind how the VMA calculates directional movement and applies exponential smoothing.

You can backtest different settings, adjust the pivot parameters, change session filters, or modify the exit logic. Having the source code gives you that flexibility.


Why We're Offering TradingView Scripts


We've had a lot of requests from traders who want to use our strategies directly in TradingView. Rather than just sharing screenshots or signals, we figured it made more sense to give you the actual scripts. That way, you can see exactly how everything works, test it on your own charts, and adapt it to your trading approach.

The Variable Average Breakout strategy script is just the beginning. We have other trading indicators and systems in development that we'll be releasing as TradingView scripts in the coming months.


Getting Started with AlgoPulse TradingView Scripts


The Variable Average Breakout strategy is available now through our website. Once you purchase, you'll get immediate access to add the script to your TradingView account.

We recommend starting with the default NAS100 settings on hourly charts, then experimenting from there. Run backtests on historical data to see how it performs across different market conditions. And as always, use proper position sizing and never risk more than you can afford to lose.

If you have questions about the script or need help with optimization, feel free to reach out. We're building a community of systematic traders who are serious about improving their edge in the markets.


More TradingView scripts and trading strategies coming soon. Stay tuned.

 
 

© 2024 AlgoPulse Research Ltd. All rights reserved.

*Disclaimer:

AlgoPulse Research and its team members are not financial advisors. Please consult a professional before making any financial decisions. Your results with AlgoPulse Research may vary. Past performance does not guarantee future returns.

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