Swing Indicator Price Breakout¶
v.3.1.0.0 Built on Strategy Core
Overview¶
Trades the break of the last swing - the price closing beyond the high or low the market last turned from, taken as the start of a new leg.
How it trades¶
- A close above the last swing high (strength Swing strength) is a long, below the last swing low a short.
- Optional: a buffer, a trend filter (EMA).
- The stop can trail to the last swing (Trail stop in Mode = Strategy, Swing trail offset).
Parameters¶
| Parameter | Default | What it does |
|---|---|---|
| Signal bar offset (bars) | 0 | Which bar the breakout is looked for on: 0 = the last closed bar; 2 = the one two bars before it. |
| Swing strength (bars) | 5 | How many bars on each side a swing high must stand above (a swing low below) to count. 5; more gives fewer, bigger swings. |
| Swing source | High low | High/Low: the classic swings of the bars' highs and lows. Close: swings of the closes only - a wick past a level does not make a swing. |
| Breakout buffer (ticks) | 0 | How far beyond the swing the close must be to count as a breakout. 0 = any close beyond it. |
| Trend filter | With trend | The breakout's close against an EMA. With trend: long breakouts above it, short breakouts below. Reversal: the other way round. Off: no filter. |
| Trend EMA period | 50 | The period of the EMA the trend filter reads. |
| Swing trail offset (ticks) | 0 | With the Trail stop group's Mode = Strategy the stop follows the last swing low (a long) or high (a short); it sits this many ticks beyond it. 0 = right at the swing. |
Core settings¶
Order handling, position size, stops and targets, trade management, trading hours, account limits and the ML Engine are core settings - the same in every strategy. Hover a group or a core term for a short explanation.
Strategy Core General & Orders Quantity & Scaling Stop loss & Profit target Trade management Sessions & time Money & News ML Engine Log & Report
Core defaults¶
This strategy starts with these core settings; change any of them in its settings.
| Group | Setting | Default |
|---|---|---|
| NinjaTrader | Calculate | On each tick |
| Quantity | Quantity | 1 |
| General properties | Stop loss | On |
| Stop loss | Mode | Ticks |
| Stop loss | Ticks | 120 |
| General properties | Profit target | On |
| Profit target | Mode | Ticks |
| Profit target | Ticks | 120 |
| General properties | Breakeven | On |
| Breakeven | Mode | Ticks |
| Breakeven | Trigger (ticks) | 40 |
| Breakeven | Offset (ticks) | 1 |
| Breakeven | Plus | Off |
| Breakeven | Plus trigger (ticks) | 100 |
| Breakeven | Plus offset (ticks) | 10 |
| General properties | Trail stop | On |
| Trail stop | Mode | Strategy |
| Trail stop | Trigger (ticks) | 0 |
| Trail stop | Only in profit | Off |
| Money management (off) | Daily loss | 500 |
| Money management (off) | Daily profit | 500 |
| General properties | Days of Week | On |
| Subsessions (off) | S1 Start | 09:30 |
| Subsessions (off) | S1 End | 12:00 |
| Subsessions (off) | S2 Start | 09:30 |
| Subsessions (off) | S2 End | 12:00 |
| Subsessions (off) | S3 Start | 13:00 |
| Subsessions (off) | S3 End | 14:00 |
| NinjaTrader | Exit on session close | On |
| NinjaTrader | Exit on session close (s) | 660 |
Version history¶
v.3.1.0.0 - October 2026
- Changed: the signal follows NinjaTrader's Calculate setting - On each tick by default, so it is taken inside the bar, the moment it appears.
Earlier versions
v.3.0.0.0 - October 2026
- Rebuilt on the Strategy Core: orders, sizing, stops and targets, trade management, sessions, limits and the ML Engine are core settings.
- Added: Swing source, breakout buffer, trend filter, swing trail.
v.2.1.0.0 - May 25, 2026
- Direction forecast: added COT (Commitment of Traders) features.
- Added contract quantity forecast module.
v.2.0.0.0 - Mar 9, 2026
- ML Engine filter feature added.
v.1.1.0.1 - Oct 26, 2025
- Trading hours and days logic updated — if all sessions are disabled, the strategy now runs without time restrictions instead of stopping trading.
v.1.1.0.0 - May 27, 2025
- Added ROI function for trade exit.
- Added session end position closing function.
- Added descriptive names to exit orders for better understanding of position closure conditions.
- Sorted properties.
v.1.0.1.1 - July 30, 2024
- Improved functions to raise position after connection loss.
- Added new optional swing trailing function.
- Added new parameter swing strength.
v.1.0.1.0 - Mar 14, 2024
- Improved conditions for closing a position when the daily loss or profit is reached.
- Changed parameter determining the priority of strategy position or account position.
- Fixed the problem of strategy transition to the next state while placing an entry order.
v.1.0.0.9 - Dec 24, 2023
- Improved conditions for partial fulfillment of orders.
- Improved the function of raising the position after connection loss.
v.1.0.0.8 - Dec 1, 2023
- Improved conditions for partial fulfillment of orders.
- Improved the function of raising the position after connection loss.
- Added functions for order execution log.
v.1.0.0.7 - Nov 12, 2023
- Improved trading session time.
- Improved the function of raising the position after connection loss.
v.1.0.0.6 - Sep 29, 2023
- Improved the function of raising the position after connection loss.
v.1.0.0.5 - Sep 4, 2023
- Added functions to raise position after connection loss.
- Updated the manual for the bot.
- Daily profit and drawdown functions can be used in backtest.
- Added parameter for additional trading time.