Triple Momentum Breakout Strategy

🔹 Product Description

Triple Momentum Breakout Strategy is a TradingView Pine Script strategy designed to capture strong directional moves after periods of consolidation.
It works by aligning three momentum indicators to confirm trend strength before entering a trade.

Instead of relying on a single signal, this strategy waits for MACD, RSI, and Stochastic to agree, filtering out weak or choppy market conditions.

🔍 Strategy Logic

A long position is triggered only when:

• MACD crosses above its signal line

• RSI stays above the 50 mid-level

• Stochastic confirms strength above 50

This alignment helps identify high-probability trend continuation setups, especially when markets transition from range to expansion.

📈 Best Use Case

• Performs best on Daily charts

• Suitable for Stocks & Cryptocurrencies

• Not designed for scalping

• Can also be tested on 1H timeframe for active traders

🛡 Risk Management Enhancements

To improve consistency and stability:

• Stop-loss logic has been added

• Trading is restricted to selected weekdays

• Positions exit automatically when momentum weakens

This approach allows trades to stay open during strong trends while cutting exposure when conditions change.

⚠️ Important Notes

• Built for TradingView (Pine Script)

• Strategy logic is transparent and adjustable

• Intended for educational and research purposes

• No financial advice