NYBREAKOUT by Fliux

Strategy Concept
This strategy captures high-probability breakout moves by defining a tight 30-minute range during low-volatility hours and trading the first clear break beyond that range with a 2:1 reward-to-risk ratio.

Key Benefits
Simplicity: Clear, time-based range and mechanical entries/exits.

Defined R:R: Automatic 2:1 target ensures consistent risk management.

Time-filtered: Trades only the initial breakout of a calm, pre-session range.

How to Use
Add to Chart: Paste the Pine Script into TradingView’s Pine Editor, then click Add to Chart.

Backtest: Open Strategy Tester to review net profit, drawdown, win rate, and profit factor.

Optimize: Adjust stop-loss offset, R:R ratio, or session window parameters to suit different instruments or volatility regimes.