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specific breakout FiFTO

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Strategy Description: 10:14 Breakout Only
Overview This is a time-based intraday trading strategy designed to capture momentum bursts that occur specifically after the 10:14 AM candle closes. It operates on the logic that if price breaks the high of this specific candle within a short window, a trend continuation is likely.

Core Logic & Rules

The Setup Candle (10:14 AM)

The strategy waits specifically for the minute candle at 10:14 to complete.

Once this candle closes, the strategy records its High price.

Defining the Entry Level

It calculates a trigger price by taking the 10:14 High and adding a user-defined Buffer (e.g., +1 point).

Formula: Entry Level = 10:14 High + Buffer

The "Active Window" (Expiry)

The trade setup does not remain open all day. It has a strict time limit.

By default, the setup is valid from 10:15 to 10:20.

If the price does not break the Entry Level by the expiry time (default 10:20), the setup is cancelled and no trade is taken for the day.

Entry Trigger

If a candle closes above the Entry Level while the window is open, a Long (Buy) position is opened immediately.

Exits (Risk Management)

Stop Loss: A fixed number of points below the entry price.

Target: A fixed number of points above the entry price.

Visual & Automation Features

Visual Boxes: Upon entry, the strategy draws a "Long Position" style visual on the chart. A green box highlights the profit zone, and a red box highlights the loss zone. These boxes extend automatically until the trade closes.

JSON Alerts: The strategy is pre-configured to send data-rich alerts for automation (e.g., Telegram bots).

Entry Alert: Includes Symbol, Entry Price, SL, and TP.

Exit Alerts: Specific messages for "Target Hit" or "SL Hit".

Summary of User Inputs

Entry Buffer: Extra points added to the high to filter false breaks.

Fixed Stop Loss: Risk per trade in points.

Fixed Target: Reward per trade in points.

Expiry Minute: The minute (10:xx) at which the setup becomes invalid if not triggered.

כתב ויתור

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