Do price breakouts confirmed by a volume surge perform better?

We want to trade price breakouts only when they are backed by unusually heavy volume, since breakouts on light volume tend to fail. Enter long when the close makes a new 20 day high (the highest close of the prior 20 trading days) and the volume on that same bar is at least 2 times the 20 period simple moving average of volume. On the entry bar, measure the 14 period ATR and place a protective stop 1.5 ATR below the entry price. Size the position so that hitting that stop loses exactly 1 percent of account equity. Round down to a whole number of shares. Take profit at 2.5R, that is two and a half times the distance between entry and stop, placed above the entry. If the position has been held for 30 trading days without resolving, exit at the next open. Long only. One open position per ticker at a time. No leverage and no pyramiding.