PROTECTED SOURCE SCRIPT

Daily Close Breakout 20/10 + 200 (Signals)

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Daily Close Breakout 20/10 + 200 (Signals)
A simple “check once per day” breakout signal tool designed for the Daily (1D) chart.

Quickstart:
* Signals are confirmed at the daily candle close.
* If a triangle prints today, the earliest you act is the next day’s open (not the same candle).
* Green triangle = consider entering long.
* Red triangle = consider exiting.
* Long-only (no shorts).

How to use:
* Use on the Daily (1D) timeframe.
* Check the chart once per day after the daily candle closes.
* Do not act intraday on signals.

Rules (default settings 20 / 10 / 200):
* BUY: A green up triangle prints when the daily close is above the prior 20-day high and above the 200-day Simple Moving Average.
* SELL: A red down triangle prints when the daily close is below the prior 10-day low.

Lines and colors:
* Prior 20-day high (entry level): red
* Prior 10-day low (exit level): yellow
* 200-day Simple Moving Average: aqua

Notes:
* Best used on the Daily (1D) timeframe. Other timeframes may behave differently.
* This script plots signals and reference levels only. For performance metrics, use a matching strategy/backtest script.
* Educational use only. Not financial advice.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.