Specification
Convert Time Range Breakout Indicator to Strategy (Pine Script)
I have an existing Time Range Breakout indicator on TradingView. I need a developer to convert it into a fully functional strategy with proper trade execution logic.
Strategy Logic:
- Time Range:
- Define a specific time range (e.g., 03:00 – 04:30)
- During this time, the indicator marks the High and Low range
- Entry Conditions
- Buy when price touches the range High
(example: high >= rangeHigh) - Sell when price touches the range Low
(example: low <= rangeLow
- Stop Loss:
- For Buy → SL = range Low
- For Sell → SL = range High
- Take Profit:
- TP = same distance as SL (RR 1:1) OR close at time 20:00
- Additional Rules:
- Only one trade per day
- If one trade is triggered, cancel the opposite pending order
- Trades should close at a specific time (e.g., 18:00) if TP/SL not hit
- No repainting
Requirements:
- Strong Pine Script v5 experience
- Experience with TradingView strategies (strategy.entry, strategy.exit)
- Clean and optimized code
If you have experience with breakout or scalping systems, please apply.
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