# TrendLine BreakOuts

Automates the discovery of dynamic trendlines and highlights breakouts with ATR-based TP/SL.

Canonical: https://prismaticalgos.com/compendium/algo/1179-trendline-breakouts
Record ID: 1179
Catalog rank: 818 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/prorealtime-indicators/trendline-breakouts/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

- Pivots High and Low: {}; applied to: close
- ATR: {"period": 30}; applied to: close

## Recorded long-entry rules

- close > projected bullish trendline
- TP/SL placed symmetrically around breakout price using ATR(30) * 20

## Recorded short-entry rules

- close < projected bearish trendline
- TP/SL placed symmetrically around breakout price using ATR(30) * 20

## Recorded exit rules

- TP hit first (win)
- SL hit first (loss)

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: SL placed at low[barindex-j] - (Zband[barindex-j] * 20)
- Take profit: TP placed at high[barindex-j] + (Zband[barindex-j] * 20)
- Position sizing: Not specified