STEVEN Breakout VWAP (M1/M5/M15)

This strategy combines breakout detection, VWAP confirmation, and ATR-based risk management to identify high-probability trading setups.

It automatically generates Long and Short entries when price action breaks key levels and aligns with VWAP direction, providing clear visual signals and automated backtesting capability.

🔍 How It Works

Breakout Detection:
The script identifies when price breaks above recent highs or below recent lows (based on the last 10 candles).

VWAP Confirmation:

A Long signal is generated when price breaks above resistance and stays above VWAP.

A Short signal is generated when price breaks below support and stays below VWAP.

ATR-based Stop Loss & Take Profit:

Stop Loss = 1× ATR (adjustable).

Take Profit = 1.5× risk (Risk/Reward 1:1.5).
Both are calculated dynamically at signal time.

Backtesting Ready:
Fully compatible with TradingView’s Strategy Tester, allowing users to analyze performance, win rate, and profit factors automatically.

🧩 Visual Features

Green triangles below the bars → Long signal.

Red triangles above the bars → Short signal.

Orange VWAP line → confirms trend direction.

⚙️ Inputs

ATR Length and Multiplier

VWAP Display toggle

Stop Loss and Risk/Reward settings

Signal marker size