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Donchian Breakout AI Adaptive Trend DESCRIPTION: A self-adapting trend-following indicator that uses K-Means machine learning to analyze 27 Donchian Channel parameter combinations in real-time, identifying which breakout settings perform best in the current market regime. ━━━━━━━━━━━━━━━━━━━ 🔍 HOW IT WORKS The core logic is based on the Donchian Channel breakout — the original trend-following system used by the legendary Turtle Traders. Price breaking above the highest high signals a long, breaking below the lowest low signals a short. The AI layer runs 27 parameter combinations simultaneously in the background: • Entry lookback: 10, 20, 30 bars • Exit lookback: 5, 10, 15 bars • ATR filter: 1.0x, 1.5x, 2.0x Each combination is tracked for real-time performance. K-Means clustering (an unsupervised machine learning algorithm) groups these into Best, Average, and Worst performing clusters — and the dashboard tells you what's working best right now. ━━━━━━━━━━━━━━━━━━━ ★ HOW TO READ SIGNALS Signals use a visual agreement system between the base strategy and the AI: ★ Bright + Large label = AI-confirmed signal (confidence ≥ threshold) ○ Dim + Small label = Signal fired but AI confidence is low The number on each label is the AI confidence score (0-10). Higher = stronger agreement from the AI. You decide: trade all signals, or only the bright AI-confirmed ones. Entry: Price breaks above the Donchian high (long) or below the Donchian low (short) Exit: Price breaks the exit channel in the opposite direction, OR the ATR trailing stop is hit (orange step-line on chart) Trend Filter: EMA(50) prevents counter-trend entries — longs only when price is above the EMA, shorts only when below. The EMA is plotted on chart (green = bullish, red = bearish). ━━━━━━━━━━━━━━━━━━━ 📊 HOW TO READ THE DASHBOARD Signal — Current position state: ★ LONG / ★ SHORT = AI-confirmed trade active ○ LONG / ○ SHORT = Trade active but AI confidence is low (⚠ CAUTION) — WAITING = No trade, scanning for next breakout Confidence — Only shown during active trades. A 5-factor composite score: STRONG (8-10) / HIGH (6-7) / MODERATE (4-5) / LOW (2-3) / WEAK (0-1) Visual bar: ■■■■■■■□□□ shows the score at a glance Shows "—" when waiting (no signal to score) Regime — Current volatility environment based on 20-bar annualized volatility: LOW VOL = Quiet, fewer breakouts expected NORMAL = Healthy trending conditions HIGH VOL = Elevated volatility, wider moves ⚠ EXTREME = Crash/mania conditions AI Next Entry — The entry lookback (in bars) that the best-performing cluster recommends for the next trade. Example: "20-bar breakout" means the AI thinks 20-bar Donchian highs/lows are optimal right now. AI Next Exit — The exit lookback the best cluster recommends. Shorter = tighter exits (locks profit faster). Longer = gives trades more room to run. AI Next Filter — The ATR filter multiplier the best cluster recommends. Higher = only trades strong breakouts. Lower = catches more breakouts including weaker ones. Best WR — Win rate of the best-performing cluster's simulated trades. Trend-following typically runs 35-50% win rate with large winners compensating for small losses. Clusters — Distribution of the 27 parameter combos across Best ● Average ● Worst groups. When most combos cluster into "Best," conditions are broadly favorable. Trend(50) — EMA trend filter direction: ▲ BULLISH / longs only = Price above EMA, only long breakouts allowed ▼ BEARISH / shorts only = Price below EMA, only short breakdowns allowed ━━━━━━━━━━━━━━━━━━━ ⚙️ KEY FEATURES • Non-repainting — All signals use previous-bar confirmed data. Trailing stop updates on bar close only. No signal will appear mid-bar then vanish. • ATR trailing stop — Locks in profits during extended trends, plotted as orange step-line on chart • Trend filter — EMA(50) blocks counter-trend entries, preventing long signals during crashes • ATR breakout filter — Removes weak/noisy breakouts that don't move enough • Bright/dim visual system — Instantly see which signals the AI agrees with • 7 alert conditions — Including AI-confirmed entries for selective trading • Rich tooltips — Hover any signal label for full breakdown (breakout level, confidence, ATR, AI optimal params, cluster win rate) ━━━━━━━━━━━━━━━━━━━ 📐 RECOMMENDED SETTINGS Crypto (BTC, ETH) — 4H or Daily, default settings Forex — 4H, ATR filter 1.0x for tighter moves Commodities (Gold, Oil) — Daily, ATR trail 2.5x Indices (SPY, NAS100) — Daily, trend MA 100 AI Confidence Threshold: Default 5. Raise to 6-7 for fewer but higher-conviction signals. Lower to 3-4 to see more signals. ━━━━━━━━━━━━━━━━━━━ 🎓 THE AI EXPLAINED The "AI" is K-Means clustering — a real unsupervised machine learning algorithm. Here's exactly what it does: 1. Simulates 27 Donchian strategies with different parameters every bar 2. Tracks each one's performance using an EMA-smoothed return metric 3. K-Means groups them into 3 clusters based on performance similarity 4. The best cluster's average parameters become the "AI Next" recommendation 5. Confidence is a 5-factor composite: cluster spread, win rate, breakout strength, trend alignment, and volatility expansion This means the indicator constantly adapts. In choppy markets, longer lookbacks with stricter filters dominate the best cluster. In trending markets, shorter aggressive breakouts take over. You see this shift in real-time on the dashboard. ━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER This indicator is a tool for analysis, not financial advice. Past performance does not guarantee future results. Always use proper risk management and position sizing. ━━━━━━━━━━━━━━━━━━━ Happy trading.
Pine Script® Indikator
von DefinedEdge
Luminous Market Flux [Pineify]Luminous Market Flux - Dynamic Volatility Channel with Breakout Detection The Luminous Market Flux indicator is a sophisticated volatility-based trading tool that combines dynamic channel analysis with breakout detection and squeeze identification. This indicator helps traders visualize market conditions by creating an adaptive envelope around price action, highlighting periods of compression (low volatility) and expansion (high volatility) while generating actionable buy and sell signals at key breakout moments. Key Features Dynamic volatility channel that adapts to changing market conditions using ATR-based calculations Visual squeeze detection system that warns traders when volatility is contracting Automatic breakout signal generation for both bullish and bearish scenarios Luminous gradient fill that provides instant visual feedback on price position within the channel Bar coloring feature that highlights strong volatility breakouts Built-in alert conditions for automated trading notifications How It Works The indicator operates on three core calculation layers: 1. Baseline Calculation (Central Tendency) The foundation uses a Running Moving Average (RMA) of the closing price over the specified Flux Length period. RMA was specifically chosen over SMA or EMA because it provides smoother trend detection similar to how RSI and ATR calculations work, reducing noise while maintaining responsiveness to genuine price movements. 2. Volatility Measurement The channel width is determined by the Average True Range (ATR) multiplied by the Flux Expansion Factor. ATR captures the true volatility of the market by accounting for gaps and limit moves, making the channel responsive to actual market conditions rather than just closing price variations. 3. Squeeze Detection Logic The indicator compares the current channel width against a 100-period simple moving average of historical channel widths. When the current range falls below 80% of this average, a squeeze condition is identified, signaling that volatility is compressing and a significant move may be imminent. Trading Ideas and Insights Breakout Trading: Enter long positions when price breaks above the upper flux channel with a BUY signal, and short positions when price breaks below the lower channel with a SELL signal. These breakouts indicate strong momentum in the direction of the move. Squeeze Anticipation: When squeeze circles appear at the top of the chart, prepare for a potential explosive move. Squeezes often precede significant breakouts as the market coils before releasing energy in one direction. Trend Confirmation: Use the bar coloring feature to confirm trend strength. Colored bars indicate that price is trading outside the volatility envelope, suggesting strong directional momentum. Mean Reversion: When price is within the channel (no bar coloring), the gradient fill helps identify whether price is closer to the upper or lower boundary, potentially useful for mean-reversion strategies. How Multiple Indicators Work Together This indicator integrates several technical concepts into a cohesive system: The RMA baseline provides the trend anchor, while the ATR-based envelope adapts to volatility conditions. These two components work together to create a channel that expands during volatile periods and contracts during quiet markets. The squeeze detection layer adds a third dimension by comparing current volatility to historical norms, alerting traders when the market is unusually quiet. The visual elements reinforce this analysis: the gradient fill shows price position within the channel at a glance, bar coloring confirms breakout strength, and shape markers provide discrete entry signals. This multi-layered approach ensures traders receive consistent information across different visualization methods. Unique Aspects The "Luminous" visual design uses color gradients that dynamically shift based on price position, creating an intuitive heat-map effect within the channel Unlike traditional Bollinger Bands that use standard deviation, this indicator uses ATR for volatility measurement, making it more responsive to actual price range movements The squeeze detection compares current volatility to a longer-term average (100 periods), providing context-aware compression signals rather than arbitrary thresholds Signal generation uses proper state tracking to ensure breakout signals only fire on the initial breakout, not on every bar during an extended move How to Use Add the indicator to your chart. It will overlay directly on price with the volatility channel visible. Watch for BUY labels appearing below bars when price breaks above the upper channel - these indicate bullish breakout opportunities. Watch for SELL labels appearing above bars when price breaks below the lower channel - these indicate bearish breakout opportunities. Monitor for small circles at the top of the chart indicating squeeze conditions - prepare for potential breakouts when these appear. Use the colored bars as confirmation of breakout strength - green bars confirm bullish momentum, red bars confirm bearish momentum. Set up alerts using the built-in alert conditions to receive notifications for buy signals, sell signals, and squeeze warnings. Customization Flux Length (default: 20): Controls the lookback period for both the baseline and ATR calculations. Lower values create more responsive but noisier channels; higher values create smoother but slower-reacting channels. Flux Expansion Factor (default: 2.0): Multiplier for the ATR value that determines channel width. Higher values create wider channels with fewer signals; lower values create tighter channels with more frequent signals. Smooth Signal : Toggle for signal smoothing preference. Bullish Energy : Customize the color for bullish breakouts and upper channel highlights. Bearish Energy : Customize the color for bearish breakouts and lower channel highlights. Compression/Neutral : Customize the color for squeeze indicators and neutral channel states. Conclusion The Luminous Market Flux indicator provides traders with a comprehensive volatility analysis tool that combines channel-based trend detection, squeeze identification, and breakout signaling into a single, visually intuitive package. By using ATR-based volatility measurement and RMA smoothing, the indicator adapts to changing market conditions while filtering out noise. Whether you are a breakout trader looking for momentum entries or a swing trader waiting for volatility expansion after compression periods, this indicator offers the visual clarity and signal precision needed to make informed trading decisions.
Pine Script® Indikator
von Pineify
Wedge Pattern [Kodexius]Wedge Pattern is a chart-overlay indicator designed to detect and manage classic Rising Wedge (bearish) and Falling Wedge (bullish) structures using strict, rules-based validation. The script focuses on producing clean, tradable wedge prints by building both boundaries from confirmed pivot swings, enforcing a mandatory “no closes outside the wedge” condition during formation, and requiring the wedge apex to be projected into the future to avoid premature or distorted patterns. This implementation is built for practical execution charts. It continuously updates the active wedge boundaries in real time, clearly labels the pattern type, and reacts decisively when price confirms a valid breakout. When enabled, it also projects a measured-move target derived from the wedge geometry, so the trader can quickly evaluate reward potential without manual projection. The detection logic is intentionally conservative. Rather than printing every possible converging structure, it aims to identify wedges that respect structural integrity: multiple touches on each boundary, controlled price action inside the converging range, and a valid convergence point (apex) ahead of the current bar. The result is a wedge tool that prioritizes quality, readability, and consistent behavior across symbols and timeframes. 🔹 Features 🔸 Rising and Falling Wedge Detection (Trendline Based) The indicator detects two wedge types by constructing an upper trendline from pivot highs and a lower trendline from pivot lows: Rising Wedge (Bearish): both lines slope upward, and the lower line rises faster than the upper line, creating a tightening upward channel that typically resolves with a downside break. Falling Wedge (Bullish): both lines slope downward, and the upper line falls faster than the lower line, producing a tightening downward channel that typically resolves with an upside break. This slope relationship is the core wedge classifier. It ensures the script is not just drawing random converging lines, but explicitly requires the characteristic “compression” geometry that defines wedges. 🔸 Pivot-Confirmed Structure with User Control Wedges are built from confirmed pivots using: Pivot Left and Pivot Right inputs to control how “strict” a pivot must be. Min. Touches per Line to enforce multiple confirmations on each boundary. Standard technical analysis commonly requires at least three touches to validate a trendline. This script supports that workflow by requiring a minimum number of pivot points before a wedge is eligible for drawing. 🔸 Mandatory Integrity Rule: No Closes Outside the Boundaries A key quality filter is applied before a wedge can be accepted: During formation, no candle close is allowed outside the upper or lower boundary. If any close is detected above the upper line or below the lower line (with tick tolerance), the candidate wedge is rejected. This prevents patterns that already “broke” before they were formally detected and reduces false positives caused by messy price action. 🔸 Apex Validation to Avoid Distorted Prints The wedge apex (the projected intersection point of the two trendlines) must be in the future. This avoids degenerate cases where lines intersect behind current price, which often indicates the structure is not a valid wedge or is already past its useful phase. 🔸 Live Updating Boundaries for Active Patterns Once a wedge becomes active, its upper and lower lines are extended forward bar by bar. The script recalculates the boundary price at the current bar index using the stored slope, then updates the line endpoints so the wedge remains visually accurate as time advances. 🔸 Breakout Engine with Directional Confirmation The script differentiates between: Correct breakout: the wedge breaks in the expected direction. Rising wedge breaks downward (close below the lower boundary). Falling wedge breaks upward (close above the upper boundary). When this happens, the wedge is marked as broken and labeled as BREAKOUT on the chart. 🔸 Invalidation and Failure Handling If price violates the wedge in the wrong direction, or if the wedge collapses into an impossible structure (upper boundary falls below or equals the lower boundary), the wedge is flagged as FAILED. This keeps signals honest and prevents lingering drawings that no longer represent a valid pattern. 🔸 Optional Target Projection (Measured Move) When Show Target Projection is enabled, the script plots a dashed target line and a target label after a valid breakout. The target is computed as a measured move using the wedge height, projected from the breakout boundary in the breakout direction. This provides an immediate objective reference for potential continuation. 🔸 Clean Object Management and Chart Readability To maintain clarity, the script manages the “active” wedge per type: If a new wedge is detected while an older one is still active and not broken or failed, the old drawings are removed and replaced with the newer valid pattern. This prevents chart clutter and keeps the display focused on the most relevant wedge structures. 🔹 Calculations 1) Pivot Collection The script uses pivot functions to confirm swing points: float ph = ta.pivothigh(high, INPUT_PIVOT_LEFT, INPUT_PIVOT_RIGHT) float pl = ta.pivotlow(low, INPUT_PIVOT_LEFT, INPUT_PIVOT_RIGHT) if not na(ph) pivot_highs.push(Coordinate.new(bar_index - INPUT_PIVOT_RIGHT, ph)) if not na(pl) pivot_lows.push(Coordinate.new(bar_index - INPUT_PIVOT_RIGHT, pl)) Each pivot is stored as a Coordinate containing: index: the bar index where the pivot is confirmed price: the pivot high or pivot low value The arrays are capped (for example, last 20 pivots) to control memory and keep selection relevant. 2) Trendline Construction and Slope A wedge candidate uses the earliest and latest required pivot points for each line. For each boundary, slope is computed as: method calc_slope(Trendline this) => (this.end.price - this.start.price) / (this.end.index - this.start.index) With slope known, the trendline value at any bar index is: method get_price_at(Trendline this, int bar_idx) => this.start.price + this.slope * (bar_idx - this.start.index) This approach allows the script to update wedge boundaries consistently without re-fitting lines on every bar. 3) Wedge Type Classification (Geometry Rules) After both slopes are calculated, wedge type is determined by slope direction and relative steepness: Rising wedge requires both slopes positive and lower slope greater than upper slope. Falling wedge requires both slopes negative and upper slope more negative than lower slope (upper line falls faster). In code logic: if tl_up.slope > 0 and tl_lo.slope > 0 and tl_lo.slope > tl_up.slope w_type := 1 // Rising if tl_up.slope < 0 and tl_lo.slope < 0 and tl_up.slope < tl_lo.slope w_type := 2 // Falling This enforces converging boundaries and avoids simple parallel channels. 4) Apex Projection (Trendline Intersection) The apex is the projected intersection x-coordinate of the two trendlines: method get_apex_index(Wedge this) => float m1 = this.upper.slope float m2 = this.lower.slope float y1 = this.upper.start.price float y2 = this.lower.start.price int x1 = this.upper.start.index int x2 = this.lower.start.index float apex_x = (y2 - y1 + m1 * x1 - m2 * x2) / (m1 - m2) math.round(apex_x) Validation requires: apex_idx > bar_index (apex must be in the future) This prevents late or structurally invalid wedges from being activated. 5) Mandatory “No Close Outside” Validation Before activation, the script verifies the pattern has not been violated by candle closes: method check_violation(Wedge this, int from_idx, int to_idx) => bool violated = false for i = from_idx to to_idx float up_p = this.upper.get_price_at(i) float lo_p = this.lower.get_price_at(i) float c_p = close if c_p > up_p + syminfo.mintick or c_p < lo_p - syminfo.mintick violated := true break violated Interpretation: For every bar from wedge start to current bar, the close must remain between the projected upper and lower boundary prices. A tick tolerance (syminfo.mintick) is used to reduce micro false violations. 6) Live Update and Breakout Detection Once active, lines are extended to the current bar and boundary prices are computed: float u_p = w.upper.get_price_at(bar_index) float l_p = w.lower.get_price_at(bar_index) bool b_up = close > u_p bool b_dn = close < l_p Correct breakout conditions: Rising wedge breakout: close below lower boundary. Falling wedge breakout: close above upper boundary. if (w.is_rising and b_dn) or (not w.is_rising and b_up) w.is_broken := true Invalidation rules include: wrong-direction break boundary crossover (upper <= lower) 7) Target Projection (Measured Move) If target display is enabled, the script calculates wedge height and projects a target from the breakout side: float m = math.abs(w.upper.start.price - w.lower.get_price_at(w.upper.start.index)) float t = w.is_rising ? l_p - m : u_p + m Interpretation: m represents the wedge height near the start of the formation. t is the target price, projected in the breakout direction. Rising wedge: target below the lower boundary. Falling wedge: target above the upper boundary. A dashed target line and label are then placed forward in time for readability.
Pine Script® Indikator
von UnknownUnicorn113699460
Yon Hybrid Momentum + Breakout Scanner with BB SqueezeThis Pine Script indicator is a comprehensive momentum and breakout scanner that combines multiple technical analysis tools to identify high-probability trading setups. Here's what it does: Core Features: 1. Trend Identification (EMA System) Uses two EMAs (9-period fast, 20-period slow) to determine trend direction Colors the chart background: teal = uptrend, red = downtrend An uptrend is confirmed when the fast EMA crosses above the slow EMA 2. Volume Analysis Monitors volume spikes (when current volume exceeds 2x the 20-period average) Volume spikes often indicate strong institutional interest or breakout momentum Critical for confirming the validity of price movements 3. Momentum Indicators MACD (12, 26, 9): Shows bullish/bearish crossovers with triangle markers RSI (7-period): Identifies overbought (>70) and oversold (<30) conditions VWAP: Shows the volume-weighted average price (purple line) - helps identify whether price is trading at fair value 4. Bollinger Bands & Squeeze Detection Displays Bollinger Bands (20-period, 2 standard deviations) BB Squeeze: Detects when volatility contracts to its lowest level in 20 bars Squeezes often precede explosive breakout moves (like a coiled spring) Orange squares appear at the bottom when a squeeze is detected 5. Breakout Detection The script identifies breakouts using TWO methods: Price breakout: Close above the recent 20-bar high BB breakout: Close above the upper Bollinger Band Confirmed breakout: Must have uptrend + volume spike + one of the above conditions Shows a green "BREAKOUT" label when all conditions align 6. Live Status Label A label in the top-right displays real-time market conditions: Current trend (UPTREND/DOWNTREND) Volume status (VOL SPIKE/Normal Vol) RSI condition (HOT/COOL/Neutral) Squeeze status (if active) 7. Alerts Two automated alerts: Breakout Alert: Triggers when a confirmed breakout occurs Squeeze Alert: Triggers when Bollinger Bands enter a squeeze Trading Use Cases: This indicator is ideal for: Swing traders looking for momentum setups with strong volume confirmation Breakout traders who want to catch explosive moves after consolidation Day traders monitoring multiple timeframes for high-probability entries Watchlist scanning to quickly identify which stocks/cryptos are showing momentum How to Use It: Setup Phase: Look for BB squeeze markers (orange squares) - these signal compression Confirmation: Wait for volume spike + uptrend + MACD bullish crossover Entry: When "BREAKOUT" label appears with all confirmations Validation: Price should be above VWAP and RSI not extremely overbought The script essentially automates the process of finding stocks that are "coiling up" and ready to make a big move, then confirms when that move actually happens with volume.
Pine Script® Indikator
von ykm4evr
BBMA Enhanced Pro - Multi-Timeframe Band Breakout StrategyShort Title : BBMA Pro Overview The BBMA Enhanced Pro is a professional-grade trading indicator that builds on the Bollinger Bands Moving Average (BBMA) strategy, pioneered by Omar Ali , a Malaysian forex trader and educator. Combining Bollinger Bands with Weighted Moving Averages (WMA) , this indicator identifies high-probability breakout and reversal opportunities across multiple timeframes. With advanced features like multi-timeframe Extreme signal detection, eight professional visual themes, and a dual-mode dashboard, it’s designed for traders seeking precision in trending and consolidating markets. Optimized for dark chart backgrounds, it’s ideal for forex, stocks, and crypto trading. History The BBMA strategy was developed by Omar Ali (BBMA Oma Ally) in the early 2010s, gaining popularity in the forex trading community, particularly in Southeast Asia. Building on John Bollinger’s Bollinger Bands, Omar Ali integrated Weighted Moving Averages and a multi-timeframe approach to create a structured system for identifying reversals, breakouts, and extreme conditions. The BBMA Enhanced Pro refines this framework with modern features like real-time dashboards and customizable visualizations, making it accessible to both novice and experienced traders. Key Features Multi-Timeframe Extreme Signals : Detects Extreme signals (overbought/oversold conditions) on both current and higher timeframes simultaneously, a rare feature that enhances signal reliability through trend alignment. Professional Visual Themes : Eight distinct themes (e.g., Neon Contrast, Fire Gradient) optimized for dark backgrounds. Dual-Mode Dashboard : Choose between Full Professional (detailed metrics) or Simplified Trader (essential info with custom notes). Bollinger Band Squeeze Detection : Identifies low volatility periods (narrow bands) signaling potential sideways markets or breakouts. Confirmation Labels : Displays labels when current timeframe signals align with recent higher timeframe signals, highlighting potential consolidations or squeezes. Timeframe Validation : Prevents selecting the same timeframe for current and higher timeframe analysis. Customizable Visualization : Toggle signal dots, EMA 50, and confirmation labels for a clean chart experience. How It Works The BBMA Enhanced Pro combines Bollinger Bands (20-period SMA, ±2 standard deviations) with WMA (5 and 10 periods) to generate trade signals: Buy Signal : WMA 5 Low crosses above the lower Bollinger Band, indicating a recovery from an oversold condition (Extreme buy). Sell Signal : WMA 5 High crosses below the upper Bollinger Band, signaling a rejection from an overbought condition (Extreme sell). Extreme Signals : Occur when prices or WMAs move significantly beyond the Bollinger Bands (±2σ), indicating statistically rare overextensions. These often coincide with Bollinger Band Squeezes (narrow bands, low standard deviation), signaling potential sideways markets or impending breakouts. Multi-Timeframe Confirmation : The indicator’s unique strength is its ability to detect Extreme signals on both the current and higher timeframe (HTF) within the same chart. When the HTF generates an Extreme signal (e.g., buy), and the current timeframe follows with an identical signal, it suggests the lower timeframe is aligning with the HTF’s trend, increasing reliability. Labels appear only when this alignment occurs within a user-defined lookback period (default: 50 bars), highlighting periods of band contraction across timeframes. Bollinger Band Squeeze : Narrow bands (low standard deviation) indicate reduced volatility, often preceding consolidation or breakouts. The indicator’s dashboard tracks band width, helping traders anticipate these phases. Why Multi-Timeframe Extremes Matter The BBMA Enhanced Pro’s multi-timeframe approach is rare and powerful. When the higher timeframe shows an Extreme signal followed by a similar signal on the current timeframe, it suggests the market is following the HTF’s trend or entering a consolidation phase. For example: HTF Sideways First : If the HTF Bollinger Bands are shrinking (low volatility, low standard deviation), it signals a potential sideways market. Waiting for the current timeframe to show a similar Extreme signal confirms this consolidation, reducing the risk of false breakouts. Risk Management : By requiring HTF confirmation, the indicator encourages traders to lower risk during uncertain periods, waiting for both timeframes to align in a low-volatility state before acting. Usage Instructions Select Display Mode : Current TF Only : Shows Bollinger Bands and WMAs on the chart’s timeframe. Higher TF Only : Displays HTF bands and WMAs. Both Timeframes : Combines both for comprehensive analysis. Choose Higher Timeframe : Select from 1min to 1D (e.g., 15min, 1hr). Ensure it differs from the current timeframe to avoid validation errors. Enable Signal Dots : Visualize buy/sell Extreme signals as dots, sourced from current, HTF, or both timeframes. Toggle Confirmation Labels : Display labels when current timeframe Extremes align with recent HTF Extremes, signaling potential squeezes or consolidations. Customize Dashboard : Full Professional Mode : View metrics like BB width, WMA trend, and last signal. Simplified Trader Mode : Focus on essential info with custom trader notes. Select Visual Theme : Choose from eight themes (e.g., Ice Crystal, Royal Purple) for optimal chart clarity. Trading Example Setup : 5min chart, HTF set to 1hr, signal dots and confirmation labels enabled. Buy Scenario : On the 5min chart, WMA 5 Low crosses above the lower Bollinger Band (Extreme buy), confirmed by a recent 1hr Extreme buy signal within 50 bars. The dashboard shows narrow bands (squeeze), and a green label appears. Action : Enter a long position, targeting the middle band, with a stop-loss below the recent low. The HTF confirmation suggests a strong trend or consolidation phase. Sell Scenario : WMA 5 High crosses below the upper Bollinger Band on the 5min chart, confirmed by a recent 1hr Extreme sell signal. The dashboard indicates a squeeze, and a red label appears. Action : Enter a short position, targeting the middle band, with a stop-loss above the recent high. The aligned signals suggest a potential reversal or sideways market. Customization Options BBMA Display Mode : Current TF Only, Higher TF Only, or Both Timeframes. Higher Timeframe : 1min to 1D. Visual Theme : Eight professional themes (e.g., Neon Contrast, Forest Glow). Line Style : Smooth or Step Line for HTF plots. Signal Dots : Enable/disable, select timeframe source (Current, Higher, or Both). Confirmation Labels : Toggle and set lookback window (1-100 bars). Dashboard : Enable/disable, choose mode (Full/Simplified), and set position (Top Right, Bottom Left, etc.). Notes Extreme Signals and Squeezes : Extreme signals often occur during Bollinger Band contraction (low standard deviation), signaling potential sideways markets or breakouts. Use HTF confirmation to filter false signals. Risk Management : If the HTF shows a squeeze (narrow bands), wait for the current timeframe to confirm with an Extreme signal to reduce risk in choppy markets. Limitations : Avoid trading Extremes in highly volatile markets without additional confirmation (e.g., volume, RSI). Author Enhanced Professional Edition, inspired by Omar Ali’s BBMA strategy Version : 6.0 Pro - Simplified Last Updated : September 2025 License : Mozilla Public License 2.0 We’d love to hear your feedback! Share your thoughts or questions in the comments below.
Pine Script® Indikator
von genesismatrixcg
Dual Channel System [Alpha Extract]A sophisticated trend-following and reversal detection system that constructs dynamic support and resistance channels using volatility-adjusted ATR calculations and EMA smoothing for optimal market structure analysis. Utilizing advanced dual-zone methodology with step-like boundary evolution, this indicator delivers institutional-grade channel analysis that adapts to varying volatility conditions while providing high-probability entry and exit signals through breakthrough and rejection detection with comprehensive visual mapping and alert integration. 🔶 Advanced Channel Construction Implements dual-zone architecture using recent price extremes as foundation points, applying EMA smoothing to reduce noise and ATR multipliers for volatility-responsive channel widths. The system creates resistance channels from highest highs and support channels from lowest lows with asymmetric multiplier ratios for optimal market reaction zones. // Core Channel Calculation Framework ATR = ta.atr(14) // Resistance Channel Construction Resistance_Basis = ta.ema(ta.highest(high, lookback), lookback) Resistance_Upper = Resistance_Basis + (ATR * resistance_mult) Resistance_Lower = Resistance_Basis - (ATR * resistance_mult * 0.3) // Support Channel Construction Support_Basis = ta.ema(ta.lowest(low, lookback), lookback) Support_Upper = Support_Basis + (ATR * support_mult * 0.4) Support_Lower = Support_Basis - (ATR * support_mult) // Smoothing Application Smoothed_Resistance_Upper = ta.ema(Resistance_Upper, smooth_periods) Smoothed_Support_Lower = ta.ema(Support_Lower, smooth_periods) 🔶 Volatility-Adaptive Zone Framework Features dynamic ATR-based width adjustment that expands channels during high-volatility periods and contracts during consolidation phases, preventing false signals while maintaining sensitivity to genuine breakouts. The asymmetric multiplier system optimizes zone boundaries for realistic market behavior patterns. // Dynamic Volatility Adjustment Channel_Width_Resistance = ATR * resistance_mult Channel_Width_Support = ATR * support_mult // Asymmetric Zone Optimization Resistance_Zone = Resistance_Basis ± (ATR_Multiplied * ) Support_Zone = Support_Basis ± (ATR_Multiplied * ) 🔶 Step-Like Boundary Evolution Creates horizontal step boundaries that update on smoothed bound changes, providing visual history of evolving support and resistance levels with performance-optimized array management limited to 50 historical levels for clean chart presentation and efficient processing. 🔶 Comprehensive Signal Detection Generates break and bounce signals through sophisticated crossover analysis, monitoring price interaction with smoothed channel boundaries for high-probability entry and exit identification. The system distinguishes between breakthrough continuation and rejection reversal patterns with precision timing. 🔶 Enhanced Visual Architecture Provides translucent zone fills with gradient intensity scaling, step-like historical boundaries, and dynamic background highlighting that activates upon zone entry. The visual system uses institutional color coding with red resistance zones and green support zones for intuitive market structure interpretation. 🔶 Intelligent Zone Management Implements automatic zone relevance filtering, displaying channels only when price proximity warrants analysis attention. The system maintains optimal performance through smart array management and historical level tracking with configurable lookback periods for various market conditions. 🔶 Multi-Dimensional Analysis Framework Combines trend continuation analysis through breakthrough patterns with reversal detection via rejection signals, providing comprehensive market structure assessment suitable for both trending and ranging market conditions with volatility-normalized accuracy. 🔶 Advanced Alert Integration Features comprehensive notification system covering breakouts, breakdowns, rejections, and bounces with customizable alert conditions. The system enables precise position management through real-time notifications of critical channel interaction events and zone boundary violations. 🔶 Performance Optimization Utilizes efficient EMA smoothing algorithms with configurable periods for noise reduction while maintaining responsiveness to genuine market structure changes. The system includes automatic historical level cleanup and performance-optimized visual rendering for smooth operation across all timeframes. Why Choose Dual Channel System ? This indicator delivers sophisticated channel-based market analysis through volatility-adaptive ATR calculations and intelligent zone construction methodology. By combining dynamic support and resistance detection with advanced signal generation and comprehensive visual mapping, it provides institutional-grade channel analysis suitable for cryptocurrency, forex, and equity markets. The system's ability to adapt to varying volatility conditions while maintaining signal accuracy makes it essential for traders seeking systematic approaches to breakout trading, zone reversals, and trend continuation analysis with clearly defined risk parameters and comprehensive alert integration. Also to note, this indicator is best suited for the 1D timeframe.
Pine Script® Indikator
von AlphaExtract
Low Volatility Breakout in Trend █ OVERVIEW "Low Volatility Breakout in Trend" is a technical analysis tool that identifies periods of low-volatility consolidation within an ongoing trend and signals potential breakouts aligned with the trend's direction. The indicator detects trends using a simple moving average (SMA) of price, identifies consolidation zones based on the size of candle bodies, and displays the percentage change in volume (volume delta) at the breakout moment. █ CONCEPTS The core idea of the indicator is to pinpoint moments where traders can join an ongoing trend by capitalizing on breakouts from consolidation zones, supported by additional information such as volume delta. It provides clear visualizations of trends, consolidation zones, and breakout signals to facilitate trading decisions. Why Use It? * Breakout Identification: The indicator locates low-volatility consolidation zones (measured by the size of individual candle bodies, not the price range of the consolidation) and signals breakouts, enabling traders to join the trend at key moments. * Volume Analysis: Displays the percentage change in volume (delta) relative to its simple moving average, providing insight into market activity rather than acting as a signal filter. * Visual Clarity: Colored trend lines, consolidation boxes (drawn only after the breakout candle closes, not on subsequent candles), and volume delta labels enable quick chart analysis. * Flexibility: Adjustable parameters, such as the volatility window length or SMA period, allow customization for various trading strategies and markets. How It Works * Trend Detection: The indicator calculates a simple moving average (SMA) of price (default: based on the midpoint of high/low) and creates dynamic trend bands, offset by a percentage of the average candle height (band scaling). A price above the upper band signals an uptrend, while a price below the lower band indicates a downtrend. Trend changes occur not when the price crosses the SMA but when it crosses above the upper band or below the lower band (offset by the average candle height multiplied by the scaling factor). * Consolidation Identification: Identifies low-volatility zones when the candle body size is smaller than the average body size over a specified period (default: 20 candles) multiplied by a volatility threshold — the maximum allowable body size as a percentage of the average body (e.g., 2 means the candle body must be less than twice the average body to be considered low-volatility). * Breakout Signals: A breakout occurs when the candle body exceeds the volatility threshold, is larger than the maximum body in the consolidation, and aligns with the trend direction (bullish in an uptrend, bearish in a downtrend). * Visualization: Draws a trend line with a gradient, consolidation boxes (appearing only after the breakout candle closes, marking the consolidation zone), and volume delta labels. Optionally displays breakout signal arrows. * Signals and Alerts: The indicator generates signals for bullish and bearish breakouts, including the volume delta percentage. Alerts are an additional feature that can be enabled for notifications. Settings and Customization * Volatility Window: Length of the period for calculating the average candle body size (default: 20). * Volatility Threshold: Maximum candle body size as a percentage of the average body (default: 2). * Minimum Consolidation Bars: Number of candles required for a consolidation (default: 10). * SMA Length for Trend: Period of the SMA for trend detection (default: 100). * Band Scaling: Offset of trend bands as a percentage of the average candle height (default: 250%), determining the distance from the SMA. * Visualization Options: Enable/disable consolidation boxes (Show Consolidation Boxes, drawn after the breakout candle closes), volume delta labels (Show Volume Delta Labels), and breakout signals (Show Breakout Signals, e.g., triangles). * Colors: Customize colors for the trend line, consolidation boxes, and volume delta labels. █ OTHER SECTIONS Usage Examples * Joining an Uptrend: When the price breaks out of a consolidation in an uptrend with a volume delta of +50%, open a long position; the signal is stronger if the breakout candle surpasses a local high. * Avoiding False Breakouts: Ignore breakout signals with low volume delta (e.g., below 0%) and combine the indicator with other tools (e.g., support/resistance levels or oscillators) to confirm moves in low-activity zones. Notes for Users * On markets that do not provide volume data, the indicator will not display volume delta — disable volume labels and enable breakout signals (e.g., triangles) instead. * Adjust parameters to suit the market's characteristics to minimize noise. * Combine with other tools, such as Fibonacci levels or oscillators, for greater precision.
Pine Script® Indikator
von Uncle_the_shooter
Volume Breakout SignalsScript by Hanssome The Volume Breakout Signals indicator is a trading tool designed to identify potential entry points by pinpointing high-momentum price breakouts on your main chart. It operates on a simple but powerful principle: a true breakout should be supported by a significant increase in trading volume. The indicator plots two primary visual elements on your price chart: Pivot Highs and Lows: These are marked with green and red circles and represent the most recent significant swing points in the price. They act as dynamic support and resistance levels, and the script watches for the price to break past them. BUY and SELL Labels: These signals appear directly on the chart to indicate a potential trading opportunity. A signal is only generated when two specific conditions are met simultaneously: Price Breakout: A BUY signal requires the price to cross decisively above the most recent pivot high. A SELL signal requires the price to cross below the most recent pivot low. Volume Confirmation: This price breakout must be accompanied by a recent spike in trading volume. This confirmation suggests strong momentum and conviction behind the move, increasing the probability of a successful breakout. All the parameters, such as the sensitivity of the pivot points and the definition of a volume spike, can be adjusted in the indicator's settings to fit your specific trading style and the asset you are viewing.
Pine Script® Indikator
von hhnh_business
Faytterro Bands Breakout📌 Faytterro Bands Breakout 📌 This indicator was created as a strategy showcase for another script: Faytterro Bands It’s meant to demonstrate a simple breakout strategy based on Faytterro Bands logic and includes performance tracking. ❓ What Is It? This script is a visual breakout strategy based on a custom moving average and dynamic deviation bands, similar in concept to Bollinger Bands but with unique smoothing (centered regression) and performance features. 🔍 What Does It Do? Detects breakouts above or below the Faytterro Band. Plots visual trade entries and exits. Labels each trade with percentage return. Draws profit/loss lines for every trade. Shows cumulative performance (compounded return). Displays key metrics in the top-right corner: Total Return Win Rate Total Trades Number of Wins / Losses 🛠 How Does It Work? Bullish Breakout: When price crosses above the upper band and stays above the midline. Bearish Breakout: When price crosses below the lower band and stays below the midline. Each trade is held until breakout invalidation, not a fixed TP/SL. Trades are compounded, i.e., profits stack up realistically over time. 📈 Best Use Cases: For traders who want to experiment with breakout strategies. For visual learners who want to study past breakouts with performance metrics. As a template to develop your own logic on top of Faytterro Bands. ⚠ Notes: This is a strategy-like visual indicator, not an automated backtest. It doesn't use strategy.* commands, so you can still use alerts and visuals. You can tweak the logic to create your own backtest-ready strategy. Unlike the original Faytterro Bands, this script does not repaint and is fully stable on closed candles.
Pine Script® Indikator
von faytterro
2
Long-Leg Doji Breakout StrategyThe Long-Leg Doji Breakout Strategy is a sophisticated technical analysis approach that capitalizes on market psychology and price action patterns. Core Concept: The strategy identifies Long-Leg Doji candlestick patterns, which represent periods of extreme market indecision where buyers and sellers are in equilibrium. These patterns often precede significant price movements as the market resolves this indecision. Pattern Recognition: The algorithm uses strict mathematical criteria to identify authentic Long-Leg Doji patterns. It requires the candle body to be extremely small (≤0.1% of the total range) while having long wicks on both sides (at least 2x the body size). An ATR filter ensures the pattern is significant relative to recent volatility. Trading Logic: Once a Long-Leg Doji is identified, the strategy enters a "waiting mode," monitoring for a breakout above the doji's high (long signal) or below its low (short signal). This confirmation approach reduces false signals by ensuring the market has chosen a direction. Risk Management: The strategy allocates 10% of equity per trade and uses a simple moving average crossover for exits. Visual indicators help traders understand the pattern identification and trade execution process. Psychological Foundation: The strategy exploits the natural market cycle where uncertainty (represented by the doji) gives way to conviction (the breakout), creating high-probability trading opportunities. The strength of this approach lies in its ability to identify moments when market sentiment shifts from confusion to clarity, providing traders with well-defined entry and exit points while maintaining proper risk management protocols. How It Works The strategy operates on a simple yet powerful principle: identify periods of market indecision, then trade the subsequent breakout when the market chooses direction. Step 1: Pattern Detection The algorithm scans for Long-Leg Doji candles, which have three key characteristics: Tiny body (open and close prices nearly equal) Long upper wick (significant rejection of higher prices) Long lower wick (significant rejection of lower prices) Step 2: Confirmation Wait Once a doji is detected, the strategy doesn't immediately trade. Instead, it marks the high and low of that candle and waits for a definitive breakout. Step 3: Trade Execution Long Entry: When price closes above the doji's high Short Entry: When price closes below the doji's low Step 4: Exit Strategy Positions are closed when price crosses back through a 20-period moving average, indicating potential trend reversal. Market Psychology Behind It A Long-Leg Doji represents a battlefield between bulls and bears that ends in a stalemate. The long wicks show that both sides tried to push price in their favor but failed. This creates a coiled spring effect - when one side finally gains control, the move can be explosive as trapped traders rush to exit and momentum traders jump aboard. Key Parameters Doji Body Threshold (0.1%): Ensures the body is truly small relative to the candle's range Wick Ratio (2.0): Both wicks must be at least twice the body size ATR Filter: Uses Average True Range to ensure the pattern is significant in current market conditions Position Size: 10% of equity per trade for balanced risk management Pros: High Probability Setups: Doji patterns at key levels often lead to significant moves as they represent genuine shifts in market sentiment. Clear Rules: Objective criteria for entry and exit eliminate emotional decision-making and provide consistent execution. Risk Management: Built-in position sizing and exit rules help protect capital during losing trades. Market Neutral: Works equally well for long and short positions, adapting to market direction rather than fighting it. Visual Confirmation: The strategy provides clear visual cues, making it easy to understand when patterns are forming and trades are triggered. Cons: False Breakouts: In choppy or ranging markets, price may break the doji levels only to quickly reverse, creating whipsaws. Patience Required: Traders must wait for both pattern formation and breakout confirmation, which can test discipline during active market periods. Simple Exit Logic: The moving average exit may be too simplistic, potentially cutting profits short during strong trends or holding losers too long during reversals. Volatility Dependent: The strategy relies on sufficient volatility to create meaningful doji patterns - it may underperform in extremely quiet markets. Lagging Entries: Waiting for breakout confirmation means missing the very beginning of moves, reducing potential profit margins. Best Market Conditions The strategy performs optimally during periods of moderate volatility when markets are making genuine directional decisions rather than just random noise. It works particularly well around key support/resistance levels where the market's indecision is most meaningful. Optimization Considerations Consider combining with additional confluence factors like volume analysis, support/resistance levels, or other technical indicators to improve signal quality. The exit strategy could also be enhanced with trailing stops or multiple profit targets to better capture extended moves while protecting gains. Best for Index option, Enjoy !!
Pine Script® Strategie
von kingshukghosh71
Smart FlexRange Breakout [The_lurker]The Smart FlexRange Breakout tool aims to identify trading opportunities based on price breakouts of dynamic levels (CALL, PUT) with a dotted centerline and the ability to select the applicable market. The tool relies on candlestick analysis over a specific time period (such as 3 hours). Candle data (searchHours) is collected to identify the most significant candle based on candlestick patterns and trading volume during the selected timeframe. Breakout levels and take-profit (TP) targets are then plotted, along with buy and sell signals, breakout notifications, and up/down trend lines based on Pivot Points. The tool is run according to the selected timeframe. Practical Use 1- Setup: Adjust the market, timeframe, number of hours, and time zone to suit the trader's needs. 2- Trading: Monitor signals (BUY/SELL) and TP levels to determine entry and exit points. 3- Trend Lines: Use them to understand the overall trend and confirm signals. --- 1. Objective: Identify trading opportunities based on price breakouts - Trading opportunities: The indicator is designed to help traders identify moments when significant price movements are likely, allowing them to enter buy or sell trades based on market changes. - Price breakouts: The indicator focuses on moments when prices break through key levels (resistance or support). A breakout occurs when the price exceeds a resistance level (up) or breaks a support level (down), indicating a potential continuation of the movement in the same direction. - Dynamic: Resistance and support levels are not static; rather, they are calculated based on candlestick analysis over a specific period of time, making them adaptive to current market conditions. --- 2. Dynamic levels (resistance and support levels) - Resistance levels: These represent prices that the price is difficult to break above, defined here as the high of the most significant candle during the specified period. - Support levels: These represent prices below which the price is difficult to fall, defined as the low of the most significant candle. - Dynamic: These levels are recalculated every new search period (searchHours), meaning they change based on the latest market data, unlike traditional static levels. --- 3. Adding a Dotted Center Line - Center Line: A horizontal dotted line is drawn at the midpoint between the high and low of the most significant candle. - Purpose: - Provides a visual reference point for determining the current price position relative to support and resistance levels. - Helps assess whether the price is moving toward a breakout (near resistance) or a breakout (near support). - Dotted: The dotted pattern distinguishes it from the solid upper and lower lines, making it easier to distinguish visually. --- 4. Relying on candlestick analysis over a specific time period (searchHours) - Candlestick Analysis: The indicator examines candlesticks to determine which ones have the most influence on price movement. - Timeframe (searchHours): - The user specifies the number of hours (1-6) for candle analysis, which determines the range of data the indicator relies on. - Example: If searchHours = 3 and timeframe = 30 minutes, 6 candles are analyzed (3 hours ÷ 30 minutes). - Flexibility: This period can be adjusted to suit different markets (such as volatile cryptocurrencies or more stable Forex). --- 5. Determining the Most Important Candle Based on Candle Patterns and Volume - The most important candle: is the candle believed to have the greatest impact on price movement based on specific criteria. - Candle Patterns: - Candles are analyzed using a candlestick pattern library (such as Engulfing, Hammer, Doji). - Reversal patterns (such as Morning Star, Shooting Star) are given a high importance score (100 points) because they indicate potential trend changes. - Trading Volume: - The trading volume of each candle is measured and compared to the maximum and minimum during the period. - Volume is calculated as a percentage (0-100) and added to the pattern score to determine the most significant candle. - Result: The candle with the highest score (patterns + volume) is used to determine support and resistance levels. --- 6. Timeframe - Time interval: The user selects a time frame for the candles (15, 30, or 60 minutes). - Importance: - Determines the number of candles analyzed during the searchHours period. - Affects the accuracy and speed of the signals (shorter timeframe = faster but less reliable signals; longer timeframe = slower but more reliable signals). - Example: If the timeframe is 60 minutes and searchHours is 3, only 3 candles are analyzed. --- 7. Drawing Breakout Levels and Take Profit Targets (TP) - Breakout Levels: - Upper line (resistance): Drawn at the highest price of the most significant candle and is labeled "CALL". - Lower line (support): Drawn at the lowest price of the most important candle and is called "PUT." - These lines represent levels where a breakout is expected to lead to a strong price movement. - Take Profit Targets (TP): - Up to 8 bullish (above the upper line) and bearish (below the lower line) TP levels are calculated. - They are calculated based on a percentage (tpPercentage) added or subtracted from the base lines. - Example: If tpPercentage = 0.6% and the high price = 100, then bullish TP1 = 100.6, TP2 = 101.2, etc. - Labels: Labels are drawn for each TP level indicating the value and level (TP1, TP2, etc.). --- 8. Buy and Sell Signals - Buy (BUY) signal: - Generated when the price breaks the upper line (ta.crossover). - The "BUY" label is drawn with the redrawing of the TP levels. - Sell signal (SELL): - Generated when the price breaks the lower line (ta.crossunder). - The "SELL" label is drawn with the redrawing of the TP levels. - Purpose: To provide clear signals to the trader for making trade entry decisions. ========================================================================= Thank you, n00btraders. For using the import library: n00btraders/Timezone/1 For using the import library: The_lurker/AllCandlestickPatternsLibrary/1 ======================================================================== Disclaimer: The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView. تهدف أداة Smart FlexRange Breakout إلى تحديد فرص التداول بناءً على اختراقات الأسعار للمستويات الديناميكية (CALL، PUT) مع خط مركزي منقط، مع إمكانية اختيار السوق المناسب. تعتمد الأداة على تحليل الشموع اليابانية على مدى فترة زمنية محددة (مثل 3 ساعات). تُجمع بيانات الشموع (searchHours) لتحديد أهم شمعة بناءً على أنماط الشموع وحجم التداول خلال الإطار الزمني المحدد. ثم تُرسم مستويات الاختراق وأهداف جني الأرباح (TP)، بالإضافة إلى إشارات البيع والشراء، وإشعارات الاختراق، وخطوط الاتجاه الصعودي/الهبوطي بناءً على نقاط المحور. يتم تشغيل الاداه حسب الفاصل المختار timeframe الاستخدام العملي 1- الإعداد: اضبط السوق، والإطار الزمني، وعدد الساعات، والمنطقة الزمنية لتناسب احتياجات المتداول. 2- التداول: راقب إشارات (الشراء/البيع) ومستويات جني الأرباح لتحديد نقاط الدخول والخروج. 3- خطوط الاتجاه: استخدمها لفهم الاتجاه العام وتأكيد الإشارات. 1. الهدف: تحديد فرص التداول بناءً على اختراقات الأسعار - فرص التداول: صُمم هذا المؤشر لمساعدة المتداولين على تحديد اللحظات التي يُحتمل فيها حدوث تحركات سعرية كبيرة، مما يسمح لهم بالدخول في صفقات شراء أو بيع بناءً على تغيرات السوق. - اختراقات الأسعار: يُركز المؤشر على اللحظات التي تخترق فيها الأسعار مستويات رئيسية (مقاومة أو دعم). يحدث الاختراق عندما يتجاوز السعر مستوى مقاومة (صعودًا) أو يخترق مستوى دعم (هبوطًا)، مما يُشير إلى احتمال استمرار الحركة في نفس الاتجاه. - ديناميكي: مستويات المقاومة والدعم ليست ثابتة؛ بل تُحسب بناءً على تحليل الشموع اليابانية على مدى فترة زمنية محددة، مما يجعلها مُكيفة مع ظروف السوق الحالية. 2. المستويات الديناميكية (مستويات المقاومة والدعم) - مستويات المقاومة: تُمثل هذه الأسعار التي يصعب على السعر تجاوزها، وتُعرف هنا بأنها ارتفاع الشمعة الأكثر أهمية خلال الفترة المحددة. - مستويات الدعم: تُمثل هذه الأسعار التي يصعب على السعر الانخفاض دونها، وتُعرف بأنها أدنى مستوى للشمعة الأكثر أهمية. - ديناميكي: تُعاد حساب هذه المستويات مع كل فترة بحث جديدة (ساعات البحث)، مما يعني أنها تتغير بناءً على أحدث بيانات السوق، على عكس المستويات الثابتة التقليدية. 3. إضافة خط مركزي منقط - خط المركز: يُرسم خط أفقي منقط عند نقطة المنتصف بين أعلى وأدنى شمعة ذات أهمية. - الغرض: - يوفر نقطة مرجعية بصرية لتحديد وضع السعر الحالي بالنسبة لمستويات الدعم والمقاومة. - يساعد في تقييم ما إذا كان السعر يتحرك نحو اختراق (بالقرب من المقاومة) أو اختراق (بالقرب من الدعم). - منقط: يُميزه النمط المنقط عن الخطوط العلوية والسفلية المتصلة، مما يُسهّل تمييزه بصريًا. 4. الاعتماد على تحليل الشموع اليابانية على مدى فترة زمنية محددة (ساعات البحث) - تحليل الشموع اليابانية: يفحص المؤشر الشموع اليابانية لتحديد أيها الأكثر تأثيرًا على حركة السعر. - الإطار الزمني (ساعات البحث): - يُحدد المستخدم عدد الساعات (من 1 إلى 6) لتحليل الشموع، والذي يُحدد نطاق البيانات التي يعتمد عليها المؤشر. - مثال: إذا كانت ساعات البحث = 3 والإطار الزمني = 30 دقيقة، فسيتم تحليل 6 شموع (3 ساعات ÷ 30 دقيقة). - المرونة: يُمكن تعديل هذه الفترة لتناسب الأسواق المختلفة (مثل العملات المشفرة المتقلبة أو سوق الفوركس الأكثر استقرارًا). 5. تحديد الشمعة الأكثر أهمية بناءً على أنماط الشموع وحجم التداول - الشمعة الأكثر أهمية: هي الشمعة التي يُعتقد أن لها التأثير الأكبر على حركة السعر بناءً على معايير محددة. - أنماط الشموع: - يتم تحليل الشموع باستخدام مكتبة أنماط الشموع (مثل شمعة الابتلاع، وشمعة المطرقة، وشمعة الدوجي). - تُمنح أنماط الانعكاس (مثل نجمة الصباح، ونجم الشهاب) درجة أهمية عالية (100 نقطة) لأنها تُشير إلى تغيرات محتملة في الاتجاه. - حجم التداول: - يُقاس حجم تداول كل شمعة ويُقارن بالحد الأقصى والأدنى خلال الفترة. - يُحسب الحجم كنسبة مئوية (0-100) ويُضاف إلى درجة النمط لتحديد الشمعة الأكثر أهمية. - النتيجة: تُستخدم الشمعة ذات أعلى درجة (الأنماط + الحجم) لتحديد مستويات الدعم والمقاومة. ٦. الإطار الزمني - الفاصل الزمني: يختار المستخدم إطارًا زمنيًا للشموع (١٥، ٣٠، أو ٦٠ دقيقة). - الأهمية: - يحدد عدد الشموع المُحللة خلال فترة ساعات البحث. - يؤثر على دقة وسرعة الإشارات (الإطار الزمني الأقصر = إشارات أسرع ولكن أقل موثوقية؛ الإطار الزمني الأطول = إشارات أبطأ ولكن أكثر موثوقية). - مثال: إذا كان الإطار الزمني ٦٠ دقيقة وساعات البحث ٣، فسيتم تحليل ٣ شموع فقط. --- ٧. رسم مستويات الاختراق وأهداف جني الأرباح (TP) - مستويات الاختراق: - الخط العلوي (المقاومة): يُرسم عند أعلى سعر للشمعة الأكثر أهمية ويُسمى "CALL". - الخط السفلي (الدعم): يُرسم عند أدنى سعر للشمعة الأكثر أهمية ويُسمى "PUT". - تمثل هذه الخطوط المستويات التي يُتوقع أن يؤدي فيها الاختراق إلى حركة سعرية قوية. - أهداف جني الأرباح (TP): - يتم حساب ما يصل إلى 8 مستويات جني أرباح صعودية (فوق الخط العلوي) وهبوطية (تحت الخط السفلي). - يتم حسابها بناءً على نسبة مئوية (tpPercentage) تُضاف أو تُطرح من خطوط الأساس. - مثال: إذا كانت نسبة جني الأرباح = 0.6% وكان أعلى سعر = 100، فإن هدف الربح الصعودي الأول = 100.6، وهدف الربح الثاني = 101.2، وهكذا. - العلامات: تُرسم علامات لكل مستوى جني أرباح تشير إلى القيمة والمستوى (TP1، TP2، وهكذا). --- 8. إشارات الشراء والبيع - إشارة الشراء (BUY): - تُولّد عند اختراق السعر للخط العلوي (ta.crossover). - تُرسم علامة "الشراء" مع إعادة رسم مستويات جني الأرباح. - إشارة البيع (SELL): - تُولّد عند اختراق السعر للخط السفلي (ta.crossunder). - يُرسم مؤشر "بيع" مع إعادة رسم مستويات جني الأرباح. - الغرض: توفير إشارات واضحة للمتداول لاتخاذ قرارات دخول الصفقة. ========================================================================== شكرًا لكم، أيها المتداولون الجدد. لاستخدام مكتبة الاستيراد: n00btraders/Timezone/1 لاستخدام مكتبة الاستيراد: The_lurker/AllCandlestickPatternsLibrary/1 ============================================================================== إخلاء مسؤولية: لا يُقصد بهذه المعلومات والمنشورات أن تكون، ولا تُشكل، نصائح أو توصيات مالية أو استثمارية أو تجارية أو أي نوع آخر من النصائح أو التوصيات المُقدمة من TradingView أو المُعتمدة منها.
Pine Script® Indikator
von The_lurker
19
Dynamic Breakout Master by tradingbauhaus 🌟 Code Description: This Pine Script implements a trading strategy called "Dynamic Breakout Master" 💥. The core idea of the strategy is to identify breakouts (price movements) at key support 💙 and resistance 🔴 levels, through a dynamic channel that adapts to the market’s conditions. Here's how it works: 🔧 Customizable Input Parameters: 🧭 Pivot Period: This defines the number of bars (candles) to the left and right used to detect pivots (highs and lows) that mark the support and resistance zones. 📊 Data Source: You can choose whether to use highs and lows or closes and opens of the candles to identify the pivots. 📏 Max Channel Width: Specifies the maximum width allowed for the support/resistance channel, expressed as a percentage over the last 300 bars. 💪 Minimum Pivot Strength: This defines the minimum number of pivots needed for a support or resistance level to be considered valid. 🏔 Max Support/Resistance Zones: Limits the number of key zones displayed on the chart. 📅 Lookback Period: Adjusts how many bars back the system should check to find and validate support and resistance levels. 🎨 Custom Colors: You can choose colors for the support, resistance, and in-channel zones. 📉 Moving Averages (MA): The strategy allows adding up to two moving averages (SMA or EMA) to assist in making trading decisions. 📊 Calculating Support/Resistance Levels: The system uses an algorithm to identify pivots from prices and calculates dynamic support and resistance zones 🔒🔓. The closer the pivots are and the stronger their influence, the more relevant the zone becomes for the strategy. The dynamic channel is drawn on the chart, with a maximum width limit for these zones defined by the input parameter. 📈 Trading Logic: 🚀 Identifying Breakouts: The strategy looks for when the price breaks (breakouts) a resistance or support level. If the price breaks upward through the resistance level, a buy order 📈 is triggered. If the price breaks downward through the support level, a sell order 📉 is triggered. 🔔 Alerts: Resistance Break (ResBreak) and Support Break (SupBreak) alerts are configured to notify users when a significant breakout occurs. 💰 Commissions: The strategy includes a commission (0.1%) to simulate transaction costs for each trade. 📊 Chart Visualization: The support and resistance zones are displayed as colored rectangles: 🔴 Resistance (red) and 🔵 Support (blue). Pivots of support and resistance can be labeled as P (for resistance) and V (for support). Breakouts of support or resistance levels are marked with triangles that appear on the chart 🔺🔻. 📈 Trading Strategy: If the price breaks upward through the resistance level, a long position (buy) 📈 is opened. If the price breaks downward through the support level, a short position (sell) 📉 is opened. 🏆 Conclusion: This script is a dynamic breakout strategy 💥 that allows traders to capture significant price movements when support or resistance channels break. The customizable parameters let users fine-tune the strategy according to their preferences, while the visual alerts on the chart make it easier to follow trading opportunities. The inclusion of moving averages and key price zones adds an extra layer of analysis to improve decision-making 💡.
Pine Script® Strategie
von tradingbauhaus
hector mena Breakout Trading with ATR, RSI and MA CrossTitle: Breakout Trading Strategy with ATR, RSI, and Moving Average Cross Description (English): This script combines key technical indicators—ATR (Average True Range), RSI (Relative Strength Index), and Moving Averages—to provide a comprehensive breakout trading strategy. It is designed to help traders identify significant breakout levels and confirm signals with momentum and trend analysis. How It Works: ATR for Breakout Levels: The ATR is used to calculate dynamic breakout levels by adjusting the highest resistance and lowest support levels with a customizable multiplier. This ensures that breakout levels adapt to market volatility. RSI for Momentum Confirmation: The RSI identifies overbought and oversold conditions, providing an additional layer of confirmation for breakouts. A breakout accompanied by an RSI signal can indicate stronger momentum. Moving Average Cross for Trend Validation: Two simple moving averages (short-term and long-term) are included to validate the trend. A crossover suggests a potential change in trend, aligning with breakout signals. Why Combine These Indicators? The ATR ensures breakout levels are realistic and volatility-adjusted. The RSI avoids false signals by confirming if the price has momentum during a breakout. Moving Average crossovers add trend-following confirmation, helping traders align with market direction. The combination provides a robust framework to filter out false signals and improve the reliability of trading decisions. Key Features: Breakout Levels: Upper and lower breakout levels dynamically calculated using ATR. RSI Confirmation: Visual overbought (70) and oversold (30) levels and RSI plot. Trend Validation: Short and long-term moving averages plotted on the chart with crossover signals. Visual Alerts: Clear "BUY" and "SELL" labels for actionable signals. Custom Alerts: Configurable alerts for breakouts and moving average crossovers. How to Use It: Adjust the parameters (ATR length, multiplier, RSI length, and moving averages) based on your trading strategy. Look for "BUY" signals when: Price breaks above the resistance level, and RSI indicates oversold conditions. Moving averages cross bullishly. Look for "SELL" signals when: Price breaks below the support level, and RSI indicates overbought conditions. Moving averages cross bearishly. Use alerts for automated notifications about potential trades. Notes: This script is intended for educational purposes. Use it alongside proper risk management techniques and backtesting. Always test in demo mode before applying it to live trading.
Pine Script® Indikator
von hmenaverse
[COG] Advanced School Run StrategyAdvanced School Run Strategy (ASRS) – Explanation Overview: The Advanced School Run Strategy (ASRS) is an intraday trading approach designed to identify breakout opportunities based on specific time and price patterns. This script applies the concepts of the Advanced School Run Strategy as outlined in Tom Hougaard's research, adapted to work seamlessly on TradingView charts. It leverages 5-minute candlestick data to set actionable breakout levels and provides traders with visual cues and alerts to make informed decisions. Features: Dynamic Breakout Levels: Automatically calculates high and low levels based on the market's behavior during the initial trading minutes. Custom Visualization: Highlights breakout zones with customizable colors and transparency, providing clear visual feedback for bullish and bearish breakouts. Configurable Alerts: Includes alert conditions for both bullish and bearish breakouts, ensuring traders never miss a trading opportunity. Reset Logic: Resets breakout levels daily at the market open to ensure accurate signal generation for each session. How It Works: The script identifies key levels (high and low) after a configurable number of minutes from the market open (default: 25 minutes). If the price breaks above the high level or below the low level, a corresponding breakout is detected. The script draws breakout zones on the chart and triggers alerts based on the breakout direction. All levels and signals reset at the start of each new trading session, maintaining relevance to current market conditions. Customization Options: Line and box colors for bullish and bearish breakouts. Transparency levels for breakout visualizations. Alert settings to receive notifications for detected breakouts. Acknowledgment: This script is inspired by Tom Hougaard's Advanced School Run Strategy. The methodology has been translated into Pine Script for TradingView users, adhering to TradingView’s policies and community guidelines. This script does not redistribute proprietary content from the original research but implements the principles for educational and analytical purposes.
Pine Script® Indikator
von CognitiveAlpha
6
Breaks and Retests - Free990Strategy Description: "Breaks and Retests - Free990" The "Breaks and Retests - Free990" strategy is based on identifying breakout and retest opportunities for potential entries in both long and short trades. The idea is to detect price breakouts above resistance levels or below support levels, and subsequently identify retests that confirm the breakout levels. The strategy offers an automated approach to enter trades after a breakout followed by a retest, which serves as a confirmation of trend continuation. Key Components: Support and Resistance Detection: The strategy calculates pivot levels based on historical price movements to define support and resistance areas. A lookback range is used to determine these key levels. Breakouts and Retests: The system identifies when a breakout occurs above a resistance level or below a support level. It then waits for a retest of the previously broken level as confirmation, which is often a better entry opportunity. Trade Direction Selection: Users can choose between "Long Only," "Short Only," or "Both" directions for trading based on their market view. Stop Loss and Trailing Stop: An initial stop loss is placed at a defined percentage away from the entry. The trailing stop loss is activated after the position gains a specified percentage in profit. Long Entry: A long entry is triggered if the price breaks above a resistance level and subsequently retests that level successfully. The entry condition checks if the breakout was confirmed and if a retest was valid. The long entry is only executed if the user-selected direction is either "Long Only" or "Both." Short Entry: A short entry is triggered if the price breaks below a support level and subsequently retests that level. The short entry is only executed if the user-selected direction is either "Short Only" or "Both." sell_condition checks whether the support has been broken and whether the retest condition is valid. An initial stop loss is placed when the trade is opened to limit the risk if the trade moves against the position. The stop loss is calculated based on a user-defined percentage (stop_loss_percent) of the entry price. pinescript Copy code stop_loss_price := strategy.position_avg_price * (1 - stop_loss_percent / 100) For long positions, the stop loss is placed below the entry price. For short positions, the stop loss is placed above the entry price. Trailing Stop: When a position achieves a certain profit threshold (profit_threshold_percent), the trailing stop mechanism is activated. For long positions, the trailing stop follows the highest price reached, ensuring that some profit is locked in if the price reverses. For short positions, the trailing stop follows the lowest price reached. Code Logic for Trailing Stop: Exit Execution: The strategy exits the position when the price hits the calculated stop loss level. This includes both the initial stop loss and the trailing stop that adjusts as the trade progresses. Code Logic for Exit: Summary: Breaks and Retests - Free990 uses support and resistance levels to identify breakouts, followed by retests for confirmation. Entry Points: Triggered when a breakout is confirmed and a retest occurs, for both long and short trades. Exit Points: Initial Stop Loss: Limits risk for both long and short trades. Trailing Stop Loss: Locks in profits as the price moves in favor of the position. This strategy aims to capture the momentum after breakouts and minimize losses through effective use of stop loss and trailing stops. It gives the flexibility of selecting trade direction and ensures trades are taken with confirmation through the retest, which helps to reduce false breakouts. Original Code by @HoanGhetti
Pine Script® Strategie
von Free990
2
Candle Range Detector [UAlgo]The "Candle Range Detector " is a Pine Script™ indicator designed to identify trading opportunities based on the concept of price consolidation and breakout. It analyzes the price range of a specified number of previous candles and detects when subsequent candles stay within that range (consolidation). The indicator then highlights potential breakouts above or below the range and provides calculated Take Profit (TP) and Stop Loss (SL) levels based on your chosen method (percentage or Average True Range - ATR). 🔶 Key Features Configurable Range: Define the minimum number of candles required to establish a valid price range. Breakout Detection: Identify potential breakouts above or below the established range based on your selection (close price or wick). Take Profit & Stop Loss Levels: The indicator calculates TP and SL levels based on your chosen method (percentage or ATR) and user-defined multipliers. The calculated TP and SL levels are visualized as horizontal lines with corresponding labels ("Take Profit" and "Stop Loss"). Optional Count Display: You can choose to display the number of candles currently within the range. 🔶 Disclaimer: Not Financial Advice: This indicator is intended for educational and informational purposes only. It does not constitute financial advice or recommendations to buy, sell, or hold any financial instruments. Use at Own Risk: Trading involves substantial risk of loss and is not suitable for all investors. Users of this indicator should exercise caution and conduct their own research and analysis before making any trading decisions. Performance Not Guaranteed: Past performance is not indicative of future results. While the indicator aims to assist traders in analyzing market trends, there is no guarantee of accuracy or success in trading operations. 🔷 Related Scripts Range Finder
Pine Script® Indikator
von UAlgo
7
Dynamic Levels Breakouts [Angel Algo]INTRODUCTION The Dynamic Levels Breakouts indicator is a powerful tool designed to identify dynamic support and resistance levels in the price action. It plots these levels on the chart and provides visual signals for bullish and bearish breakouts. FEATURES 1. Dynamic Support and Resistance Levels. The indicator calculates the maximum (resistance) and minimum (support) price levels within the defined rolling window. The highest high and lowest low are used to identify dynamic resistance and support levels, respectively. 2. Coloring Conditions The indicator uses conditional coloring to highlight potential support and resistance levels. When a significant level is detected, it will be colored with a transparent overlay. Red color indicates potential resistance (max_level), and green color indicates potential support (min_level). 3. Bullish and Bearish Breakouts The indicator also identifies potential bullish and bearish breakouts from the dynamic levels. A bullish breakout occurs when the closing price crosses above the dynamic resistance level (max_level). A bearish breakout occurs when the closing price crosses below the dynamic support level (min_level). The breakout signals are marked with arrow symbols (▲ for bullish and ▼ for bearish) below and above the respective bars. 4. Market Regime To prevent multiple signals within a short period, the indicator considers the current market regime. If a bullish breakout has occurred recently, it will not generate a new bullish signal until a bearish breakout occurs, and vice versa. HOW TO USE The Dynamic Levels Breakouts indicator can be used to identify potential breakout trading opportunities. A bullish breakout signal (▲) suggests a potential long entry or an increase in buying pressure. A bearish breakout signal (▼) indicates a potential short entry or an increase in selling pressure. Traders can use these signals as a reference and combine them with other technical analysis tools and strategies for confirmation. SETTINGS Period (length): The user can adjust the "Period" input to define the rolling window for calculating the maximum and minimum price levels. The default value is 20, but it can be set anywhere between 2 and 30. A higher value may yield more significant levels but can also result in delayed signals
Pine Script® Indikator
von AngelAlgo
14
[blackcat] L2 Swing Oscillator Swing MeterLevel: 2 Background Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis. Function L2 Swing Oscillator Swing Meter is an oscillator based on breakouts. Another important feature of it is the swing meter, which confirms the top or bottom's confidence level with different color candles. The higher of the candles stack up, the higher confidence level is indicated. Key Signal absolutebot ---> absolute bottom with very high confidence level ltbot ---> long term bottom with high confidence level mtbot ---> middle term bottom with moderate confidence level stbot ---> short term bottom with low confidence level absolutetop ---> absolute top with very high confidence level lttop ---> long term top with high confidence level mttop ---> middle term top with moderate confidence level sttop ---> short term top with low confidence level fastline ---> oscillator fast line slowline ---> oscillator slow line Pros and Cons Pros: 1. reconfigurable swing oscillator based on breakouts 2. swing meter can confirm/validate the bottom and top signal Cons: 1. not appliable with trading pairs without volume information 2. small time frame may not trigger swing meter function Remarks This is a simple but very comprehensive technical indicator Readme In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts. The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works. Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element. Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level. Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated. Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop. Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Pine Script® Indikator
von blackcat1402
4
[CT] ORB SuiteThis indicator is an Opening Range first tool that also includes an Initial Balance framework, breakout detection, and a full target and alerting package. It is designed to define a clean Opening Range at the start of the regular trading session and then turn that range into an actionable breakout structure by plotting the key levels, projecting measured targets, and visually confirming the exact breakout candle on your chart. The Opening Range component can be configured as either the first bar of the session or a true time-based duration, such as 1, 2, 5, 10, 15, 30 minutes, or 1 hour, which lets you standardize the opening structure across different chart timeframes without needing to “count bars.” As price prints during the Opening Range window, the script continuously updates the OR high and OR low, then locks those levels once the window closes so you have a stable reference for the rest of the session. The OR area can be shaded for quick visual recognition, and an optional OR midpoint line and label can be displayed to help you judge whether price is accepting above the middle of the range or failing back through it. Once the Opening Range is formed, the script upgrades the workflow by adding breakout qualification rules that you can control. You can choose confirmation based on a body cross, a close cross, or a close above or below the range boundary, which is a meaningful improvement over simple “touch” logic because it helps reduce false signals and makes the breakout trigger more consistent with how you actually trade. When a breakout is confirmed, the indicator can highlight the breakout candle itself so there is no ambiguity about which bar triggered the signal. You can highlight the candle body, the chart background, or both, and you can select separate colors for long and short breakouts. This makes chart review and live decision-making cleaner because you can immediately see where the breakout truly occurred instead of guessing between several candles that probed the level. The next major upgrade is the breakout target system. After a long breakout, targets are calculated as true multiples of the Opening Range size, starting from the OR high and projecting upward by the selected multiples. After a short breakout, targets are calculated from the OR low and projected downward by the same multiple logic. By default, the script supports four take-profit targets, TP1 through TP4, with sensible preset multiples that step outward in a structured way, but you can customize each multiple to match your instrument and style. This target system is a practical enhancement because it provides objective, range-based profit-taking levels that align with common intraday expansion behavior rather than arbitrary fixed tick offsets. You also get full control over whether the target lines and labels appear only after a breakout triggers, which keeps the chart clean and prevents “pre-biasing,” or whether you want to see projected targets in both directions before the breakout occurs for planning and scenario mapping. In addition, the target hit detection is configurable so you can decide whether a target is considered “hit” by a simple high or low touch or only after a close crosses the target, which is important for traders who want stricter confirmation and cleaner backtesting logic. Beyond the OR and targets, the indicator includes a complete Initial Balance module as an additional layer of structure. The IB duration is selectable and independent, and the script can plot IB high, IB low, and an optional IB midpoint, with optional fill shading to make the balance area obvious. A key upgrade here is the ability to base the breakout targets on either the Opening Range or the Initial Balance. This means you can run a pure OR breakout playbook, a pure IB breakout playbook, or compare both structures on the same session without changing indicators. This flexibility matters because OR breakouts tend to be more sensitive and earlier, while IB-based levels often better reflect the session’s early balance and can produce more stable expansion targets. Another major improvement is the history and session management. The script can freeze all drawings at the end of the session so lines and fills do not incorrectly extend into the next day, and it can optionally keep a configurable amount of history, such as the last 20 sessions, so you can study how price reacts to prior OR and IB structures. You also have control over whether IB should be included in that stored history, which helps if you want a cleaner chart while still retaining the OR context. To support different chart themes and personal preferences, label styling is expanded with controls for label background colors, text colors, transparency, and horizontal offsets, so the levels remain readable without covering price action. Finally, the alerting system is upgraded into a full set of actionable events. The indicator can generate alerts for session open and session close, for the moment the Initial Balance forms, for the moment the Opening Range forms, for long and short breakouts, and for each target hit from TP1 through TP4. Alerts can be used in standard alertcondition form or as dynamic alert() calls that include price-filled messages, which is a practical enhancement for traders who want their phone or desktop notifications to contain the exact level values rather than generic labels. This script is a derivative work built on the original Initial Balance foundation authored by © czoa under the Mozilla Public License 2.0, with extensive additions and improvements by © ChaosTrader63 to expand it into a complete Opening Range and Initial Balance breakout suite. The core upgrades are the configurable time-based Opening Range, breakout candle highlighting, multi-target measured range projections through TP4 with optional pre-projection behavior, stricter breakout confirmation modes, target hit rules, richer history controls, stronger label customization, and a comprehensive alert system that turns the session structure into a usable trade planning and execution framework directly on TradingView.
Pine Script® Indikator
von ChaosTrader63
2
FX Momentum Breakout Detector# FX Momentum Breakout Strategy A TradingView Pine Script indicator that detects momentum breakouts in forex pairs and automatically executes trades via SignalStack integration. The strategy uses EMA crossovers, swing structure breaks, and Fibonacci retracement levels for entry, stop loss, and take profit placement. ## Overview This strategy identifies bullish and bearish momentum breakouts by combining: - **EMA (Exponential Moving Average)** for trend direction - **Swing High/Low** structure breaks for entry signals - **Fibonacci retracement levels** for stop loss and take profit - **Volume and time filters** to improve signal quality - **Dynamic position sizing** based on Fibonacci stop distance and risk percentage ### Key Features - ✅ **Automated Order Execution**: Direct integration with SignalStack for hands-free trading - ✅ **Risk-Based Position Sizing**: Automatically calculates lot size based on stop distance and account risk - ✅ **Fibonacci-Based TP/SL**: Uses Fibonacci 0.5 levels for take profit and stop loss - ✅ **Time Window Filter**: Only trades during active market hours (7AM-7PM Japan Time) - ✅ **Volume Filter**: Requires volume above 10-day moving average - ✅ **Single Alert System**: One alert handles both long and short signals ## Strategy Logic ### Entry Conditions **Long (Buy) Signal:** - Price crosses above EMA 20, OR - Price breaks above swing high structure - AND: Minimum 3 consecutive bull bars (strong momentum) - AND: Price is above EMA 20 (if EMA filter enabled) - AND: Volume is above 10-day MA - AND: Time is within 7AM-7PM JST window **Short (Sell) Signal:** - Price crosses below EMA 20, OR - Price breaks below swing low structure - AND: Minimum 3 consecutive bear bars (strong momentum) - AND: Price is below EMA 20 (if EMA filter enabled) - AND: Volume is above 10-day MA - AND: Time is within 7AM-7PM JST window ### Stop Loss & Take Profit - **Long Positions:** - Take Profit: Fibonacci 0.5 level above entry (`fib_up_0_5`) - Stop Loss: Fibonacci 0.5 level below entry (`fib_dn_0_5`) - **Short Positions:** - Take Profit: Fibonacci 0.5 level below entry (`fib_dn_0_5`) - Stop Loss: Fibonacci 0.5 level above entry (`fib_up_0_5`) ### Position Sizing Position size is calculated dynamically based on: 1. **Account Balance**: Your account size in USD (default: $125,000) 2. **Risk Percentage**: Risk per trade (default: 1.0%) 3. **Stop Loss Distance**: Distance from entry to Fibonacci stop level (in pips) **Formula:** ``` Risk in Dollars = Account Balance × (Risk % / 100) Stop Loss (pips) = |Entry Price - Stop Loss Price| / Pip Size Position Size (lots) = Risk $ / (Stop Loss (pips) × $10 per pip per lot) ``` The strategy rounds to 0.01 lot increments (micro lots) for precise position sizing. ## Setup Instructions ### Prerequisites 1. **TradingView Account**: Pro plan or higher (required for webhook alerts) 2. **SignalStack Account**: Active account with connected broker (e.g., OANDA) 3. **SignalStack Webhook URL**: Get this from your SignalStack dashboard ### Step 1: Add Strategy to TradingView 1. Open TradingView and navigate to your chart 2. Click "Pine Editor" (bottom panel) 3. Copy the code from `v2.0_fx_breakout_strategy.md` 4. Paste into Pine Editor 5. Click "Save" and then "Add to Chart" ### Step 2: Configure Strategy Inputs In the strategy settings panel, configure: **Technical Parameters:** - **EMA Length**: Default 20 (trend filter) - **Swing High/Low Lookback**: Default 7 bars - **Min Consecutive Bull/Bear Bars**: Default 3 (momentum requirement) - **Require EMA Filter**: Default `true` (price must be on correct side of EMA) **Risk Management:** - **Account Balance (USD)**: Your account size (default: 125,000) - **Risk Per Trade (%)**: Risk percentage per trade (default: 1.0%) - **ATR Length**: Default 14 (for informational ATR display) **Filters:** - **Volume MA Length**: Default 10 (volume filter period) - **Enable Webhook Alerts**: Set to `true` for automated trading - **Alert Frequency**: `once_per_bar_close` (recommended) - **Asset Label**: Leave empty to use chart symbol, or override if needed ### Step 3: Create TradingView Alert 1. Click the "Alerts" icon (bell) at the top of the chart, or press `Alt+A` (Windows) / `Option+A` (Mac) 2. Click "Create Alert" or the "+" button 3. Select the chart with your strategy **Alert Configuration:** **Condition Tab:** - **Condition**: Select "FX Momentum Breakout Detector" (your strategy name) - **Trigger**: "Once Per Bar Close" (matches strategy setting) - **Expiration**: Set as needed (or leave unlimited) **Notifications Tab:** - **Webhook URL**: Paste your SignalStack webhook URL - **Message**: Leave as default (strategy generates JSON automatically) 4. Save the alert with a descriptive name (e.g., "EURUSD Breakout SignalStack") ### Step 4: Verify SignalStack Connection 1. Check your SignalStack dashboard for incoming webhooks 2. Verify the broker connection is active 3. Test with a paper trading account first For detailed SignalStack setup, see (./SIGNALSTACK_SETUP.md). ## Webhook Payload Format The strategy sends a JSON payload in SignalStack format. Primary fields: ```json { "symbol": "EURUSD", "action": "buy", "quantity": 2.78, "take_profit": 1.0895, "stop_loss": 1.0805, "ticker": "EURUSD", "ticker_id": "OANDA:EURUSD", "base": "EUR", "quote": "USD", "timeframe": "15", "price": 1.0850, "ema20": 1.0820, "range": 0.0050, "breakout_price": 1.0850, "fib_up_0_5": 1.0895, "fib_dn_0_5": 1.0805, "atr_pips": 25.0, "stop_loss_pips": 45.0, "position_size_lots": 2.78, "risk_dollars": 1250.0, "signal": "bullish momentum breakout", "bar_time": "2024-01-15T10:30:00" } ``` **SignalStack Required Fields:** - `symbol`: Trading symbol - `action`: "buy" or "sell" - `quantity`: Position size in lots - `take_profit`: Take profit price - `stop_loss`: Stop loss price ## Testing Use the included test script to verify webhook integration: ```bash # Test both Discord and SignalStack python test_webhook.py # Test Discord only python test_webhook.py --discord # Test SignalStack only python test_webhook.py --signalstack ``` The test script sends sample payloads matching the strategy format and verifies webhook delivery. ## Configuration Examples ### Conservative Setup (Lower Risk) - Account Balance: 125,000 USD - Risk Per Trade: 0.5% - EMA Length: 20 - Min Bull/Bear Bars: 4 - Require EMA Filter: `true` ### Aggressive Setup (Higher Risk) - Account Balance: 125,000 USD - Risk Per Trade: 2.0% - EMA Length: 15 - Min Bull/Bear Bars: 2 - Require EMA Filter: `false` ### Multiple Currency Pairs To trade multiple pairs: 1. Add the strategy to each chart 2. Create a separate alert for each pair 3. Use the same SignalStack webhook URL for all alerts 4. SignalStack routes orders based on the `symbol` field ## Time Window Filter The strategy only trades during **7AM-7PM Japan Time (JST)**, which corresponds to: - **UTC**: 22:00 (previous day) to 10:00 (same day) - This covers the Asian and early European trading sessions To modify the time window, edit the `timeWindowFilter` calculation in the strategy code. ## Position Sizing Examples ### Example 1: EURUSD Long - Account Balance: $125,000 - Risk: 1.0% = $1,250 - Entry Price: 1.0850 - Stop Loss (fib_dn_0_5): 1.0805 - Stop Distance: 45 pips - Position Size: $1,250 / (45 pips × $10) = **2.78 lots** ### Example 2: GBPUSD Short - Account Balance: $125,000 - Risk: 1.0% = $1,250 - Entry Price: 1.2650 - Stop Loss (fib_up_0_5): 1.2700 - Stop Distance: 50 pips - Position Size: $1,250 / (50 pips × $10) = **2.50 lots** ## Troubleshooting ### Alert Not Triggering 1. **Check Strategy Settings:** - Ensure "Enable Webhook Alerts" is `true` - Verify time window (7AM-7PM JST) - Check volume filter (must be above 10-day MA) 2. **Check Alert Settings:** - Verify webhook URL is correct - Ensure alert is active (not expired) - Check alert frequency matches strategy setting ### Webhook Not Received by SignalStack 1. **Verify URL:** - Check SignalStack dashboard for correct webhook URL - Ensure URL is complete (no truncation) 2. **Check Payload Format:** - SignalStack expects `symbol`, `action`, `quantity`, `take_profit`, `stop_loss` - Verify these fields are present in the payload 3. **Test Webhook:** - Use TradingView's "Test Alert" feature - Check SignalStack logs for incoming requests - Run `test_webhook.py` to verify format ### OANDA Authentication Error If you receive a 401 Unauthorized error: 1. **Check OANDA API Token Permissions:** - Log in to OANDA - Go to "My Account" > "My Services" > "Manage API Access" - Ensure token has **Trading** permissions (not just read-only) 2. **Update SignalStack Configuration:** - Go to SignalStack dashboard - Navigate to OANDA broker connection settings - Update API token with a token that has trading permissions - Verify account ID matches your OANDA account For detailed troubleshooting, see (./SIGNALSTACK_SETUP.md). ### Position Size Issues 1. **Check Account Balance Input:** - Verify account balance matches your actual account size - Ensure risk percentage is appropriate (1% recommended) 2. **Verify Stop Loss Calculation:** - Stop loss is based on Fibonacci 0.5 level - Position size automatically adjusts to maintain risk percentage - Check that pip size is correct for your currency pair ## Files - **v2.0_fx_breakout_strategy.md**: Pine Script strategy code - **test_webhook.py**: Python test script for webhook validation - **SIGNALSTACK_SETUP.md**: Detailed SignalStack configuration guide - **design.md**: Strategy design notes and considerations ## Risk Disclaimer ⚠️ **Trading forex involves substantial risk of loss. This strategy is provided for educational purposes only.** - Always test with paper trading before using real funds - Past performance does not guarantee future results - Use appropriate risk management (1-2% risk per trade recommended) - Monitor positions and adjust stop losses as needed - This strategy does not guarantee profits ## Support - **SignalStack Documentation**: Check SignalStack's official docs for webhook requirements - **TradingView Support**: For alert/webhook issues in TradingView - **Strategy Issues**: Review the strategy code comments for configuration options ## License This strategy is provided as-is for personal use. Modify and adapt as needed for your trading requirements.
Pine Script® Indikator
von kevin_stoll
[codapro] PressureBox Breakout Engine Full Breakdown PressureBox Breakout Engine is a revamped and expanded version of a prior post. This release includes a more educational breakdown and deeper configuration guidance, in response to user requests for clarity on how the system works and how to use it effectively. This tool is a compression-detection and breakout-anticipation engine that blends Donchian channel logic, ATR filtering, and a proprietary “pressure” oscillator derived from volume-weighted momentum. It visually highlights real-time “compression zones” with dynamic shaded boxes and flags potential breakouts using configurable BUY/SELL markers. It’s designed to help traders identify and analyze different market setups — including potential trend continuations, volatility breakouts, and range fade conditions — by surfacing key compression and pressure states visually on the chart. Key Features *Dynamic Compression Boxes: drawn when Donchian range < smoothed ATR threshold *Breakout Flags: BUY/SELL alerts when price breaks outside compression range *Custom Volume Pressure Score: MFI + CMF hybrid from -1 to +1 *Candle Overlap Filter: optional % overlap indicator for noise detection *Adaptive Box Shading: transparency adjusts to pressure strength *Clean Re-Anchoring Logic: boxes reset only when compression ends *Full User Control: configure inputs for box length, blend logic, signal rules How It Works Compression Box Logic A box is drawn when the Donchian range (e.g. high - low over N bars) falls below a moving ATR threshold. The box dynamically extends and adjusts height/width until a breakout or timeout occurs. Users can toggle whether Donchian uses highs/lows or closes and whether the box shows a midline. Breakout Signal Logic BUY signal: Close breaks above box high, with optional compression condition on the prior bar. SELL signal: Close breaks below box low. Signals use ATR-based offsets for clean separation on the chart. Pressure Score Logic Pressure is a weighted blend between: MFI (Money Flow Index) — momentum-based CMF (Chaikin Money Flow) — flow-based The result is a smoothed -1 to +1 score that represents volume pressure. This is used both for: Box transparency (strong pressure = darker shading) Optional overlay plot Overlap Mode Calculates smoothed % of how much recent candles overlap. Useful for filtering non-directional chop and low-quality breakouts. Can be toggled on/off as a separate overlay line. ⚙️ Default Optimized Settings Setting Value Donchian Length 8 ATR Length 13 ATR Multiplier 3.1 ATR SMA Length 21 Max Extend Bars 55 MFI Length 25 CMF Length 55 Blend Weight (MFI:CMF) 0.5 These are optimized for detecting tight consolidations and explosive breakout potential, especially on intraday 5m–15m charts across futures, forex, and crypto. How to Use It Watch for the compression box to form — this marks a squeeze zone. Breakouts with BUY/SELL flags are most reliable after long compressions. Adjust the Blend Weight to prioritize MFI (momentum) or CMF (flow). Use Overlap % to filter sideways markets or low-quality signals. Combine with support/resistance, VPA tools, or trend filters for layered setups. Disclaimer This tool was created using the CodaPro Pine Script architecture engine — designed to produce robust trading overlays, educational visuals, and automation-ready alerts. It is provided strictly for educational purposes and does not constitute financial advice. Always backtest and demo before applying to real capital.
Pine Script® Indikator
von ArisCodes
4
FCPO MASTER v6 – Sideway + Breakout + OB + FVG (TUPLE SAFE)TL;DR cepat 1. Gunakan M5 untuk entry & OB/FVG confirmation. 2. Gunakan M15 untuk confirm trend/false breakout. 3. Gunakan H1 untuk bias arah (overall market). 4. Entry hanya bila signal + OB/FVG/candle rejection (script buatkan). 5. SL 5–8 tick, TP 10–25 tick ikut setup (sideway vs breakout). 6. Follow checklist setiap trade — jangan lompat. ________________________________________ Setup awal (1–2 min) 1. Pasang script FCPO Sideway MASTER – OB + Imbalance + Confirmation di TradingView. 2. Timeframes: buka M5, M15, H1 (susun 3 chart atau 1 chart multi-timeframe). 3. Input default: ATR14, Breakout Buffer 5 tick, RangeLen 20, ADX14, TP12, SL8. (Kau boleh tweak nanti). 4. Aktifkan alerts pada BUY Confirm / SELL Confirm / Sideway Buy / Sideway Sell. ________________________________________ Step-by-step trading process 1) Mulakan dengan H1 — tentukan bias HTF • Lihat H1 untuk jawapan: Trend Up / Down / Sideway. • Rule ringkas: o ADX H1 > 20 + price above H1 EMA → bias Bull o ADX H1 > 20 + price below H1 EMA → bias Bear o ADX H1 < 20 → market HTF sideway (no strong bias) Kenapa: H1 bagi kau idea “kalau breakout pada M5, patut follow atau tolak”. ________________________________________ 2) Pergi ke M15 — confirm trend & valid breakout • M15 kena setuju dengan idea breakout. o Untuk strong breakout: M15 kena tunjuk candle close di atas/bawah range + volume naik. o Kalau M5 breakout tapi M15 tak setuju (M15 masih sideway) → treat as fakeout. Jangan masuk. ________________________________________ 3) M5 — cari entry & confirmation (OB/FVG + candle) • M5 adalah tempat kau buat keputusan masuk. • Tunggu script keluarkan Sideway Buy/Sell atau Breakout Buy/Sell. • CONFIRM entry mesti ada sekurang-kurangnya 1 dari: o Bull/Bear Order Block searah signal (script detect). o FVG / Imbalance zone dipenuhi & price retest. o Candle rejection (pinbar / bearish/bullish engulfing) pada zone. Jika tiada confirmation → no trade. ________________________________________ 4) Checklist sebelum tekan Buy/Sell (MUST) • H1 bias tidak melawan trade (prefer sama arah). • M15 confirm breakout / trend or neutral. • Script keluarkan signal (sideway or breakout). • OB or FVG atau candle rejection ada. • ATR kenaikan jika breakout (untuk breakout trade). • Volume spike jika breakout. • Risk:SL <= 2% akaun (position sizing). Kalau semua ticked → boleh entry. ________________________________________ 5) Setting SL / TP & position sizing • Sideway (scalp): SL = 5–8 tick, TP = 8–12 tick. • Breakout (trend): SL = 8–12 tick, TP = 15–25+ tick (trail later). • Position sizing: Risk per trade 1–2%. o Lot size = (Account Risk RM × 1 tick value) / (SL ticks × tickValue) — (kalau kau gunakan fixed tick value, adjust ikut lot). (Script tunjuk SL & TP label — follow itu.) ________________________________________ 6) Entry types • A. Sideway Reversal (M5) o Signal: Sideway Buy / Sideway Sell o Confirm: OB/FVG or rejection candle at range bottom/top o Trade: scalp target 8–12 tick, tight SL 5–8 tick • B. Breakout (M5 entry, M15 confirm) o Signal: Breakout Buy/Sell (Strong) o Confirm: ATR expanding + volume spike + M15 alignment o Trade: trend follow, TP 15–25 tick, trailing stop active • C. Retest Entry o Breakout happens, price returns to retest range / OB / FVG → wait for rejection candle then enter. Safer. ________________________________________ 7) Trailing & exit rules • Jika useTrail = true script plots trailing stop (ATR × multiplier). • Exit rules: 1. Hit TP → close. 2. Hit SL → close. 3. If trailing stop hit → close. 4. If opposing confirmed signal muncul (e.g., SELL confirm while long) → consider close early. 5. If H1 bias flips strongly vs trade → tighten stop or close. ________________________________________ 8) Multiple signals & scaling • Never add to losing position (no averaging down). • If want scale-in on confirmed trend: add 1 partial size after price moves +10–12 tick in favor and shows continuation candle + no bearish OB/FVG. • Keep aggregated risk within your max (2–3%). ________________________________________ 9) Example trade walkthrough (concrete) • RangeHigh = 4065, RangeLow = 4035 (contoh). • Market sideway M5. Case A — Sideway Sell: 1. Price touches 4064–4065, script shows sidewaySell. 2. Lihat OB: ada bear OB zone di 4062–4066 → confirm. 3. Candle rejection (bearish pinbar) muncul → enter SELL M5. 4. Set SL = 5 tick above rangeHigh = 4070, TP = 10 tick → 4055. 5. Trail jika price turun > 8 tick: aktifkan trailing. 6. Close at TP or trail/SL. Case B — Breakout Buy: 1. Price closes above 4065 + 5 tick buffer = 4070 on M5. Script shows trueBreakUp. 2. M15 shows candle close above M15 resistance + volume spike → confirm. 3. Enter BUY, SL = 8 tick below entry, TP initial 20 tick, trail with ATR×1.5. 4. Move stop to breakeven after +10 tick, scale out half at +12 tick, leave rest to trail. ________________________________________ 10) Journal & review • Semua trade: record entry time, TF, reason (which confirmations), SL/TP, result, lesson. • Weekly review: check which confirmation worked best (OB vs FVG vs candle) and tweak settings. ________________________________________ 11) Tweaks / optimisations cepat • Jika terlalu banyak false sideway signals → kurangkan touchDist ke 2 tick. • Kalau fakeout breakout banyak → tambah tickBuf ke 6–8. • Nak lebih konservatif → cuma trade breakout yang juga setuju M15. ________________________________________ 12) Alerts & execution (practical) • Pasang alert pada BUY Confirm / SELL Confirm (script). • Kalau kau guna broker yang support one-click order, siap sediakan template order (SL/TP default). • Kalau manual, bila alert masuk: buka M5, cepat confirm OB/FVG & candle rejection → entry. ________________________________________ Quick reference table (handy) • TF utama entry: M5 • Confirm mid-TF: M15 • Bias HTF: H1 • Sideway SL/TP: SL 5–8, TP 8–12 • Breakout SL/TP: SL 8–12, TP 15–25+ • Mandatory confirmation: (Script signal) + (OB or FVG or candle)
Pine Script® Indikator
von matlabu939
Bassi's Consolidation Breakout — ULTIMATE PRO + VPOverview Bassi’s Consolidation Breakout — ULTIMATE PRO + VP is a professional-grade breakout detection system that combines price structure, volume confirmation, volatility compression, and custom volume profile logic. The indicator automatically detects compressed consolidation zones, confirms breakouts with multi-layer filters, and plots full trade setups including: Entry level Stop-loss TP1, TP2, TP3 (R:R based) Trend filters + MTF EMA Retest validation Volume Profile confirmation (POC / VAH / VAL) This is one of the most complete breakout frameworks for TradingView. 🔍 Core Concept The script detects tight consolidation boxes based on: Price range (% compression) Lookback period Minimum required bars Breakout above/below the box Once the consolidation ends, breakout signals fire only if they pass all filters. This focuses your trading on high-probability breakouts only. 🔥 Key Features 1️⃣ Automated Consolidation Box Detection Draws consolidation boxes dynamically Identifies tight range compression Supports advanced range logic for high accuracy 2️⃣ Smart Breakout + Retest Engine Breakouts and breakdowns require: Structure break Minimum breakout expansion (0.15%) Volume confirmation Trend (200 EMA) confirmation Optional retest validation Optional Volume Profile filter Each valid breakout prints a signal + full trade setup. 3️⃣ Custom Volume Profile Engine Fast and lightweight custom-built VP that calculates: POC (Point of Control) VAH (Value Area High) VAL (Value Area Low) These levels can optionally be used to filter weak breakouts. 4️⃣ Multi-Timeframe Trend Filter Uses 200 EMA from any selected higher timeframe Helps avoid counter-trend fakeouts Fully optional 5️⃣ Automatic Trade Setup Projection Each breakout generates: Stop-loss (ATR × multiplier) TP1 (R:R) TP2 (R:R) TP3 (optional) Clean signal labels Only keeps the last 2 signals to maintain clarity 6️⃣ Alerts Included Alerts fire instantly when a valid breakout occurs: “Bassi LONG + VP” “Bassi SHORT + VP” Alerts include ticker + entry price. 📘 Usage Guide & Trading Rules ✔ Recommended Trading Steps 1. Wait for a confirmed consolidation box Box must be narrow Must meet minimum bar requirement 2. Wait for a confirmed breakout signal Signal requires: Breakout above/below box Volume confirmation Trend & MTF confirmation if enabled Optional retest Optional VP filter (close outside VAH/VAL) 3. Follow the projected setup The script prints: Entry SL TP1 / TP2 / TP3 Target lines extend automatically. 📖 How to Use the Script (Trading Rules) 1️⃣ Long Entry Rules Enter Long when: Price breaks above trend confirmation level Momentum signal turns bullish Candle closes above trigger line Volatility filter is satisfied Exit Long: TP1/TP2/TP3 levels Reversal signal Trailing stop hit 2️⃣ Short Entry Rules Enter Short when: Price breaks below trend confirmation level Momentum signal turns bearish Candle closes below trigger line Volatility filter is satisfied Exit Short: TP1/TP2/TP3 levels Trend reversal Trailing stop hit ✔ Recommended Markets Crypto Forex Indices Futures Stocks Works on all timeframes from 1-minute to daily. ✔ Best Practice Avoid taking signals against HTF trend Prefer signals that break away from VAH/VAL Use TP1 to secure partial profits Move SL to breakeven after TP1 if desired Always follow personal risk management 👤 Author Created by: Mahdi Bassi Professional trader & systems designer Focused on structural, volume-based and volatility-based strategies. ⚠️ Disclaimer This script is for educational purposes only. No indicator can guarantee profits. Always use proper risk management and trade responsibly.
Pine Script® Indikator
von Mahdibas