Intraday Pivot Breakouts with EMA Filters and ATR Stops

Summary

This intraday breakout strategy uses confirmed pivot highs and lows as reference levels. It enters long when price crosses above the latest pivot high and short when it crosses below the latest pivot low. Entries are filtered by a 150-period EMA: longs require the close above the EMA, and shorts require the close below it. Stops use a 14-period ATR multiplied by separate long and short factors, both listed as 3.2. The source also schedules position closure at 14:55.

The document describes the method as a way to capture short-term directional moves while avoiding overnight exposure. It notes that pivot confirmation can delay entries and that unclear trends may produce false breakouts; volume, volatility, and trend filters are suggested as possible additions. Published settings specify BTC/USDT futures on Binance, daily bars with a one-hour base period, from October 2022 to November 2023, but provide no results. The source also declares a risk input, while the maximum intraday loss rule that uses it is commented out, so the stated risk control is not active there.

Key ideas

• Long and short entries trigger on breaks of the latest confirmed pivot high or low.
• A 150-period EMA filter requires long entries above the average and short entries below it.
• The source places stops at a distance of 3.2 times the 14-period ATR.
• Positions are scheduled to close at 14:55, and the document presents the method for intraday use.
• The source's maximum intraday loss rule is commented out, and no backtest results are reported.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.