TradingView Pine Code for False Breakout Strategy

Explanation: 1. Parameters:     – `window`: The rolling window period for calculating the highest high and lowest low.     – `reversal_period`: The period over which to check for reversals to identify false breakouts. 2. Rolling High and Low Calculation:     – `high_rolling` and `low_rolling` calculate the highest high and lowest low over the specified rolling…

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Excel VBA Code For False Breakout Strategy

Explanation: 1. Rolling High/Low Calculation:     Columns H (`High_Rolling`) and I (`Low_Rolling`) store the rolling high and low values over a 14-day window. 2. Breakout Detection:     Columns J (`Breakout_High`) and K (`Breakout_Low`) store 1 if there is a breakout above the rolling high or below the rolling low, respectively. 3. False Breakout Detection:    …

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