Get Breakout trading strategy Code That Actually Works

//@version=5
indicator("HorizonAI Breakout Trading Strategy", shorttitle="HAI Breakout", overlay=true)

// Input parameters for customization
length = input.int(20, title="Channel Length", minval=5, maxval=100)
useVolume = input.bool(true, title="Volume Confirmation")
volumeThreshold = input.float(1.5, title="Volume Multiplier", minval=1.0, step=0.1)
showMidline = input.bool(true, title="Show Midline")
upperColor = input.color(color.red, title="Upper Channel Color")
lowerColor = input.color(color.green, title="Lower Channel Color")

// Calculate Donchian-like channels for breakouts
upperChannel = ta.highest(high, length)
lowerChannel = ta.lowest(low, length)
midline = (upperChannel + lowerChannel) / 2

// Volume average for confirmation
volAvg = ta.sma(volume, length)
volConfirm = not useVolume or volume > volAvg * volumeThreshold

// Breakout conditions: crossover previous bar's channel to avoid repainting
longBreakout = ta.crossover(close, upperChannel[1]) and volConfirm
shortBreakout = ta.crossunder(close, lowerChannel[1]) and volConfirm

// Plot channels
plot(upperChannel, "Upper Channel", upperColor, 2)
plot(lowerChannel, "Lower Channel", lowerColor, 2)
plot(showMidline ? midline : na, "Midline", color.gray, 1, plot.style_line)

// Plot breakout signals
plotshape(longBreakout, title="Long Breakout", style=shape.triangleup, location=location.belowbar, color=color.lime, size=size.normal)
plotshape(shortBreakout, title="Short Breakout", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.normal)

// Background color for range consolidation
inRange = close <= upperChannel[1] and close >= lowerChannel[1]
bgcolor(inRange ? color.new(color.blue, 95) : na, title="Consolidation Range")

// Alerts for trading
alertcondition(longBreakout, title="Long Breakout Alert", message="{{ticker}} Long Breakout: Price broke above {{plot_0}} with volume confirmation!")
alertcondition(shortBreakout, title="Short Breakout Alert", message="{{ticker}} Short Breakout: Price broke below {{plot_1}} with volume confirmation!")
alertcondition(longBreakout or shortBreakout, title="Any Breakout", message="{{ticker}} Breakout detected: " + (longBreakout ? "LONG" : "SHORT"))

// Table for info (optional display)
if barstate.islast
    var table infoTable = table.new(position.top_right, 2, 3, bgcolor=color.white, border_width=1)
    table.cell(infoTable, 0, 0, "Upper:", text_color=color.black)
    table.cell(infoTable, 1, 0, str.tostring(upperChannel, "#.##"), text_color=upperColor)
    table.cell(infoTable, 0, 1, "Lower:", text_color=color.black)
    table.cell(infoTable, 1, 1, str.tostring(lowerChannel, "#.##"), text_color=lowerColor)
    table.cell(infoTable, 0, 2, "Status:", text_color=color.black)
    table.cell(infoTable, 1, 2, longBreakout ? "LONG" : shortBreakout ? "SHORT" : "Ranging", text_color=longBreakout ? color.lime : shortBreakout ? color.red : color.gray)