# TrendLine BreakOuts

Generates trendlines based on pivot points and uses them to trigger long and short trades.

Canonical: https://prismaticalgos.com/compendium/algo/2366-trendline-breakouts
Record ID: 2366
Catalog rank: 1669 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://www.prorealcode.com/topic/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: trending

## Indicators

- Pivots High and Low: {}; applied to: close
- Average True Range: {"period": 30}; applied to: close

## Recorded long-entry rules

- Trendline direction changes from up to down
- Current bar's close price is above the trendline
- Stop loss is placed 20 ATR below the trendline
- Take profit is placed 20 ATR above the trendline

## Recorded short-entry rules

- Trendline direction changes from down to up
- Current bar's close price is below the trendline
- Stop loss is placed 20 ATR above the trendline
- Take profit is placed 20 ATR below the trendline

## Recorded exit rules

- Stop loss hit
- Take profit hit

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 20 ATR below the trendline for long entries, 20 ATR above the trendline for short entries
- Take profit: 20 ATR above the trendline for long entries, 20 ATR below the trendline for short entries
- Position sizing: Not specified