logo
Developers

Rob Booker - ADX Breakout updated to pinescript V5

Script from: TradingViewSwingBreakoutTrend followingMomentum

The updated "Rob Booker - ADX Breakout" strategy leverages the latest pinescript V5 for enhanced Tradingview compatibility. Improved visibility of indicators and additional default settings make it user-friendly. This trend strength indicator uses ADX to gauge market trends and signal trade opportunities, emphasizing the potential increase in profitability and risk reduction when following strong trends. New metrics provide clear visual cues for assessing trend momentum and making informed trading decisions.

Enovix Corporation (ENVX)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 4 h

2.64

Profit Factor

122.81 %

Total ROI

16

PayPal Holdings, Inc. (PYPL)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 2 h

2.17

Profit Factor

304.77 %

Total ROI

88

Grab Holdings Limited (GRAB)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 2 h

2.06

Profit Factor

208.47 %

Total ROI

56

Enovix Corporation (ENVX)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 2 h

1.94

Profit Factor

577.16 %

Total ROI

61

Tilray Brands, Inc. - Class 2 (TLRY)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 2 h

1.84

Profit Factor

789.28 %

Total ROI

85

Lucid Group, Inc. (LCID)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 4 h

1.80

Profit Factor

80.32 %

Total ROI

18

Opendoor Technologies Inc (OPEN)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 1 h

1.75

Profit Factor

493.48 %

Total ROI

79

IOTA / TetherUS (IOTAUSDT)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ Daily

1.61

Profit Factor

181.33 %

Total ROI

29

Lucid Group, Inc. (LCID)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 2 h

1.56

Profit Factor

163.06 %

Total ROI

49

Euro Fx/U.S. Dollar (EURUSD)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ DailyTradeSearcher backtest

1.54

Profit Factor

29.47 %

Total ROI

63

Tilray Brands, Inc. - Class 2 (TLRY)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ 1 h

1.48

Profit Factor

333.25 %

Total ROI

134

Riot Platforms, Inc. (RIOT)

+ Rob Booker - ADX Breakout updated to pinescript V5

@ Daily

1.47

Profit Factor

508.50 %

Total ROI

41

Create your account for free to see all 149+ backtests

Access filters, details, best timeframes, explore 100K+ backtests and more

Active Trades

Create your account to see on which symbols Rob Booker - ADX Breakout updated to pinescript V5 is currently trading on.

Rob Booker - ADX Breakout updated to pinescript V5 backtest statistics

Aggregated across every validated backtest TradeSearcher has run on this strategy. Figures update automatically as new backtests are added — they are not edited by hand. Classified as swing by holding period.

149
Backtests run
1.2
Avg profit factor
+91%
Avg net profit
+12%
Avg annualized return
38%
Avg max drawdown
0.11
Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 146% over the same window.

Performance by asset class

MarketBacktestsAvg profit factorAvg net profitAvg max drawdownAvg Sharpe
Crypto941.1+109%44%0.12
Stocks1,3721.2+89%37%0.09
Forex781.3+17%11%0.07

Backtests use the validated-universe filter: non-repainting scripts, over 15 trades, non-excluded. Per-market rows appear only when at least one backtest exists for that asset class.

Explore the best Trading & TradingView strategies

Stop trading blindly. Explore quality-gated backtests and improve your trading skills with data.

Start for free