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Bullish Flag Breakout Alert//@version=5 indicator("Bullish Flag Breakout Alert", overlay=true) // Inputs flagLookback = input.int(15, "Flag High Lookback") volMultiplier = input.float(1.5, "Volume Multiplier") // Calculations flagHigh = ta.highest(high, flagLookback) avgVol = ta.sma(volume, 20) // Breakout condition breakout = close > flagHigh and volume > avgVol * volMultiplier // Plot plot(flagHigh, "Flag High", color=color.orange) plotshape(breakout, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small, text="BO") // Alert alertcondition(breakout, title="Bullish Flag Breakout")
Pine Script® Indikator
von nitinrise9
Volume Surge Breakout + TP/SL█ OVERVIEW “Volume Surge Breakout + TP/SL” is a breakout indicator designed to capture strong momentum moves driven by sudden increases in trading volume and decisive price action. Instead of focusing on classical consolidation structures, the indicator reacts to volume-based impulses combined with candle strength, identifying moments when the market shifts out of short-term balance. After a confirmed breakout, the indicator automatically plots the entry level, Stop Loss, and up to three Take Profit targets, making it a complete momentum-trading tool. █ CONCEPTS Strong market moves often begin with a sudden surge in volume, signaling increased participation and commitment from market participants. This indicator detects such moments by combining three core conditions: - volume significantly above its average, - a candle body clearly larger than the previous one, - directional price close confirming bullish or bearish intent. When these conditions are met, a momentum zone (box) is drawn around the signal candle. The box extends forward until a breakout occurs, which then triggers the entry signal and full TP/SL projection. A breakout in the opposite direction invalidates the zone, filtering out false impulses. █ FEATURES Volume filter - volume > volume SMA × Volume Threshold (default 2.0×) - adjustable volume average length (Volume SMA Length) Candle strength filter - current candle body > previous candle body × Body Multiplier - removes weak and random price moves Dynamic impulse zones (boxes) - green for LONG, red for SHORT - semi-transparent fill with colored borders - boxes extend to the right until a breakout occurs - opposite breakout deletes the zone Breakout signals - small green triangles below the bar (LONG) - small red triangles above the bar (SHORT) - signals appear only after a valid breakout from the zone Volume strength display - optional label showing the volume multiplier (e.g. 2.35×) - color-coded to match trade direction Automatic Take Profit & Stop Loss - two SL calculation modes:   • ATR-based (default 1.5× ATR)   • Percentage-based from entry price - up to 3 Take Profit levels based on Risk-to-Reward ratios - independent visibility toggles for SL, TP1, TP2, TP3 - visual fills:   • red – risk zone   • green – reward zone Single active trade logic - TP/SL levels are locked once SL or the furthest TP is hit - lines terminate exactly at the exit bar Alerts - LONG – bullish volume impulse - SHORT – bearish volume impulse █ HOW TO USE Add the indicator to your TradingView chart → Indicators → search for “Volume Surge Breakout + TP/SL”. After each valid breakout, you will see: - a volume impulse box, - a breakout triangle, - the entry line, - SL and TP1–TP3 levels, - a visual risk-to-reward projection. Key settings to optimize: Volume - Volume SMA Length – averaging period for volume - Volume Threshold – minimum volume multiplier - Body Multiplier – required candle body expansion TP / SL - choose SL mode: ATR or Percentage - ATR period and multiplier - RR values for TP1, TP2, TP3 Signal interpretation: - Green box + green triangle + TP above price = LONG - Red box + red triangle + TP below price = SHORT - No breakout = no trade (box remains observational) █ APPLICATIONS - Momentum and breakout trading across all timeframes - Best used as an entry trigger, not as a standalone strategy Recommended confluence-based approach: The highest-quality signals occur when the breakout aligns with broader market context: - higher-timeframe trend agreement - breakout signal generated by the indicator - increasing momentum (e.g. RSI, MACD, custom momentum oscillators) - no major resistance/support levels directly in front of price - volume impulse confirming market participation Example: If the market is in an uptrend, a LONG breakout signal appears, momentum is accelerating, and no nearby resistance is present, the trade is worth considering, using the automatically projected RR levels. - Aggressive two-sided trading is possible but requires stricter signal selection - Higher RR setups (e.g. TP3 = 3–5× SL) with lower win rates often outperform over time █ NOTES This indicator works only on markets with real volume data (e.g. stocks, futures, many crypto markets). On instruments without real volume (such as some CFD indices), signals may be unreliable or the indicator may not function correctly. Always test and optimize parameters for the specific instrument and timeframe. The indicator intentionally does not interpret market structure — its sole purpose is to identify clean volume-driven impulses.
Pine Script® Indikator
von Uncle_the_shooter
Occurrence Scanner | MA Resilience & Breakout LogicThis indicator is designed to quantify the reliability of a Moving Average (MA) as a dynamic Support or Resistance level. Unlike standard crossover indicators that generate signals on every touch, this script employs a rigorous "Zone Tolerance" and "Temporal Confirmation" logic to filter out noise and classify price action into three distinct behaviors: Valid Bounce, Confirmed Breakout, or False Breakout (Trap). It also integrates an optional Volatility Filter (based on TTM Squeeze mechanics) to prevent false signals during low-volatility "chop" regimes. HOW IT WORKS: 1. The "Safe Zone" (Buffer Logic): Standard MAs are thin lines. This script creates a programmable "Road" around the MA (defined by the Zone Tolerance % input). A touch is only considered a potential breakout if the price closes outside this zone. Wicks that pierce the MA but close inside the zone are treated as Bounces (respecting the level). 2. Event Classification (The Decision Engine): Once the price interacts with the MA Zone, a "Sovereignty Window" (Lookahead Timer) is activated to monitor the subsequent candles: ✅ Bounce: Price tests the MA but never closes outside the Safe Zone during the window. The MA held as support/resistance. ❌ Breakout (Breakdown/Breakup): Price closes outside the Safe Zone. A strict "2-Consecutive Close" logic is applied to confirm the trend change immediately, avoiding premature signals. ⚠️ False Break: Price momentarily closes outside the zone but aggressively reverses to the opposite side within the time window. This identifies "Bull/Bear Traps". 3. The Volatility Filter (Anti-Chop): Market consolidation often leads to MA whipsaws. The script calculates Bollinger Bands (2.0 std) vs. Keltner Channels (1.5 ATR). If the Squeeze Filter is enabled in settings, the script forces the scanner to IGNORE any MA touches while volatility is compressed (Squeeze ON). This ensures signals are only generated during active trends. SETTINGS: MA Type & Length: Choose between SMA or EMA and the period (e.g., 20, 50, 200). Zone Tolerance (+/- %): The buffer width. Default is 0.2%. Higher values filter more noise. Lookahead Candles: The confirmation window size. Squeeze Filter: Toggle On/Off to ignore signals during low volatility regimes. INTENDED USE: This tool is intended for Swing Traders and Scalpers looking to statistically validate which Moving Average is being respected by a specific asset. It automates the "visual backtest" process, providing a Dashboard with success rates for Bounces vs. Breaks.
Pine Script® Indikator
von impressive_Storkj9gr3
Cup & Handle (Zeiierman)█ Overview Cup & Handle (Zeiierman) is a classic continuation-pattern scanner that detects both bullish Cup+Handle and bearish Inverted Cup+Handle structures using a compact pivot stream. It’s designed to highlight rounded reversals back to a “rim” level, followed by a smaller pullback (“handle”) before a potential continuation move. ⚪ What It Detects A Cup & Handle (Bull) forms when price makes a rounded decline from a left rim, bottoms, then climbs back to a similar right rim. After returning to the rim, price forms a handle (a smaller pullback) that stays within an allowed retracement range. This pattern often precedes a bullish continuation attempt. An Inverted Cup & Handle (Bear) is the mirrored version. Price makes a rounded rise to a left rim, tops, then declines back to a similar right rim. After returning to that rim, price forms a handle (a smaller bounce) that stays within the allowed retracement range. This pattern often precedes a bearish continuation attempt. █ How It Works ⚪ 1) Pivot Extraction (Swing Compression) The script first converts raw candles into a small set of meaningful swing pivots using ta.pivothigh() and ta.pivotlow() with Pivot span. A pivot is accepted only after it is confirmed by the lookback window, which helps reduce noise. Key effect: Higher Pivot span = fewer, stronger pivots (cleaner patterns) Lower Pivot span = more pivots (more patterns, more noise) ⚪ 2) Pattern Framing (4-Point Structure) When at least four pivots exist, the script maps them into a fixed sequence: For a bull Cup+Handle sequence: High → Low → High → Low These are treated as: L = left rim pivot B = cup bottom pivot R = right rim pivot H = handle pivot For a bear inverted Cup+Handle sequence: Low → High → Low → High Mapped similarly, but inverted. This “4-pivot” structure is the minimum shape needed to define a cup and a handle without overfitting. ⚪ 3) Rim Similarity Filter (Cup Quality Control) The script checks if the left rim and right rim are close enough to be considered a proper cup rim: Rim similarity tolerance (%) controls this. Lower tolerance = only very clean symmetric rims Higher tolerance = allows uneven rims (more detections) ⚪ 4) Handle Depth Filter (Reject Weak or Messy Handles) The handle is validated by measuring how deep it retraces relative to the cup depth: Handle Retraction = |rim − handle| / |rim − bottom| The handle must fall between: Handle retrace min Handle retrace max This prevents: tiny “non-handle” wiggles (too shallow) deep pullbacks that break the structure (too deep) █ How to Use ⚪ Interpreting a Bull Cup & Handle Treat it like a continuation setup built around a key breakout level: Cup forms Handle forms Breakout happens above this level Once price returns to this breakout zone and the handle stays controlled, the structure may attempt to continue upward. Common behaviors after a clean signal: Push above the breakout level Brief retest/acceptance near the breakout zone Continuation toward the projected target if momentum holds ⚪ Interpreting a Bear Inverted Cup & Handle Treat it like a bearish continuation/rollover setup built around the same breakout concept: Cup forms (inverted) Handle forms Breakout happens below this level Once price returns to this breakout zone and the handle stays controlled, the structure may attempt to continue downward. Common behaviors after a clean signal: Drop below the breakout level Retest from underneath Continuation toward the projected target if selling pressure persists █ Settings Pivot span – pivot sensitivity. Higher = smoother pivots, fewer signals. Lower = more pivots, more signals/noise. Rim similarity tolerance (%) – rim quality filter. Lower = stricter symmetry, higher = more permissive detection. Handle retrace min – minimum handle depth (filters weak handles). Handle retrace max – maximum handle depth (filters messy/deep handles). Invalidation (handle max retrace %) – “maximum tolerated damage” for handle move before the structure is considered broken. Require breakout confirmation – only trigger when price closes beyond the rim in the expected direction. Target multiplier (× cup depth) – scales how far the projection target is. Lower = closer targets; 1.0 = classic depth target. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® Indikator
von Zeiierman
9
ORB 369 - Opening Range Breakout The ORB 369 is a professional-grade momentum indicator designed to capture the volatility of the New York market open. While many Opening Range Breakout (ORB) scripts simply draw lines, this script integrates time-segmented price action with Supply and Demand (S/D) theory to filter out "fakeouts" and identify high-probability institutional entries. 💡 The Core Concept: Why 3-6-9? The strategy is rooted in the "Market Open Volatility" principle. The first 15 minutes (9:30–9:45 AM EST) represent the period where institutional orders are processed and "price discovery" is most aggressive. The Range: We define the 15-minute high and low as the "Battlefield." The 369 Logic: This script focuses on the 3rd 5-minute candle of the session (completing the 15m range) and monitors the subsequent 5m and 15m cycles for a definitive trend shift. 🛠️ How It Works The script utilizes Pine Script v6 high-precision time-tracking and state-handling to ensure accuracy even on historical data. 1. Dynamic Session Anchoring Unlike static indicators, this script uses America/New_York timezone anchoring. It identifies the Opening Range (OR) regardless of your local time, ensuring you are aligned with the NYSE floor traders. 2. Supply & Demand Detection The script doesn't just look at the high/low; it analyzes the micro-structure within that 15-minute window. It identifies unmitigated zones (areas where price moved so fast it left "imbalances"). If a breakout occurs but price immediately hits an internal S/D zone, it warns the trader of a potential "Look Above and Fail" scenario. 3. Breakout Confirmation (5m Logic) A common mistake is entering on a "wick." This script uses Closing Logic: Bullish Signal: A 5-minute candle must close entirely above the 15m High. Bearish Signal: A 5-minute candle must close entirely below the 15m Low. The script then repaints the candle body (defaulting to Blue/Red) to provide an instant visual cue that the "Breakout is Confirmed." 📈 How to Use It Wait for the Box: At 9:45 AM EST, the script will automatically lock in the High, Low, and Midpoint (Mean) of the range. Monitor the Midpoint: The Midpoint acts as the "Line in the Sand." If a breakout occurs but price stays near the Midpoint, the trend is weak. If price stays in the upper half of the range, the Bullish bias is stronger. The Entry: Wait for the Candle Color Change. A blue candle above the range suggests a long entry; a red candle below suggests a short. Supply/Demand Zones: If the script highlights a "Demand Zone" at the bottom of the range and price bounces off it before breaking the top, this provides a "double-confluence" setup. ⚙️ Technical Features Customizable Aesthetics: Use the Settings menu to change the breakout colors (Green/Blue/Red) to match your personal chart theme. Smart Tooltips: Hover over the inputs in the settings to see detailed explanations of what each parameter does. Alert Ready: Built-in alerts for "Bullish Breakout" and "Bearish Breakout" that can be sent directly to your phone or desktop via TradingView.
Pine Script® Indikator
von Niko-picasso369
2
Scalp Breakout Predictor Pro - by Herman Sangivera (Papua)Scalp Breakout Predictor Pro by Herman Sangivera ( Papuan Trader ) Overview The Scalp Breakout Predictor Pro is a high-performance technical indicator designed for scalpers and day traders who thrive on market volatility. This tool specializes in identifying "Squeeze" phases—periods where the market is consolidating sideways—and predicts the likely direction of the upcoming breakout using underlying momentum accumulation. How It Works The indicator combines three core mathematical concepts to ensure "Safe but Fast" entries: Squeeze Detection (BB vs. KC): It monitors the relationship between Bollinger Bands and Keltner Channels. When Bollinger Bands contract inside the Keltner Channels, the market is in a "Squeeze" (represented by the gray background). This indicates that energy is being coiled for a massive move. Momentum Accumulation (Pre-Signal): While the price is still moving sideways, the script analyzes linear regression momentum. PRE-BULL: Momentum is building upwards despite price being flat. PRE-BEAR: Momentum is fading downwards despite price being flat. Breakout Confirmation: An entry signal is only triggered when the Squeeze "fires" (the price breaks out of the bands), ensuring you don't get stuck in a dead market for too long. Key Features Real-time Prediction Labels: Get early warnings (PRE-BULL / PRE-BEAR) to prepare for the trade before it happens. Dynamic TP/SL Lines: Automatically calculates Take Profit and Stop Loss levels based on the Average True Range (ATR), adapting to the current market's "breath." On-Screen Dashboard: A sleek table in the top-right corner displays the current market phase (Squeeze vs. Volatile), the predicted next move, and the current ATR value. Pine Script V6 Optimized: Built using the latest version of TradingView’s coding language for maximum speed and compatibility. Trading Rules Preparation: When you see a Gray Background, the market is sideways. Watch the Dashboard for the "Potential" direction. Anticipation: If a PRE-BULL or PRE-BEAR label appears, get ready to enter. Execution: Enter the trade when the ENTRY BUY (Lime Triangle) or ENTRY SELL (Red Triangle) signal appears. Exit: Follow the Green Line for Take Profit and the Red Line for Stop Loss. Technical Settings HMA Length: Adjusts the sensitivity of the trend filter (Hull Moving Average). TP/SL Multipliers: Allows you to customize your Risk:Reward ratio based on ATR volatility. Squeeze Length: Determines the lookback period for consolidation detection. Disclaimer: Scalping involves high risk. Always test this indicator on a demo account before using it with live capital.
Pine Script® Indikator
von hermanwomsiwor
FractalMod for TV with breakout alertsFractalsMod (MT4 → Pine) is a TradingView indicator converted from a custom MT4 (MQL4) fractal indicator. This script replicates the behavior of the original MT4 version as closely as possible, including: Confirmation-based fractals using left/right bar logic Persistent horizontal levels derived from confirmed fractals MT4-style “buffer-like” behavior using segmented horizontal lines Key Features MT4-compatible fractal logic Uses leftbars and rightbars to confirm fractal highs/lows, equivalent to MT4 custom fractal indicators. Segmented horizontal lines (MT4 buffer style) Each confirmed fractal starts a new horizontal line segment from the original pivot bar. When a new fractal is confirmed, the previous segment is stopped at the new pivot point, closely mimicking MT4 indicator buffers. Latest fractal tracking The most recently confirmed Up/Down fractal levels are tracked internally and used for breakout detection. Breakout alerts (not confirmation alerts) Alerts are triggered when the current price breaks above the latest Up fractal or below the latest Down fractal. Breakout detection can be configured to use: Close price only (confirmation-based), or High/Low including wicks. Clean visual control Single arrow per confirmed fractal (no duplicate markers) Optional display of fractal markers and horizontal lines Custom colors and line width for Up/Down fractals Typical Use Cases Fractal-based support / resistance visualization Breakout trading using the most recent confirmed fractal levels MT4 → TradingView workflow migration while preserving indicator behavior This script is designed for traders familiar with MT4 fractal indicators who want a faithful and practical TradingView equivalent without repainting on confirmed signals. FractalsMod (MT4 → Pine) は、 MT4（MQL4）で使用されていた カスタム Fractal インジケーターを TradingView（Pine Script）へ移植したものです。 元の MT4 インジケーターの挙動を可能な限り忠実に再現することを目的としており、以下の特徴を持ちます。 主な特徴 MT4互換のフラクタル判定ロジック leftbars / rightbars を用いたフラクタル確定方式で、 MT4 のカスタム Fractal インジケーターと同等の確定条件を再現しています。 MT4のバッファ挙動を再現した水平ライン フラクタルが確定すると、その ピボット位置から水平ラインを開始します。 新しいフラクタルが確定した場合、それまでのラインは新しいピボット位置で停止し、 区間ごとのライン構造で MT4 のバッファ表示に近い見た目を実現しています。 最新フラクタル価格の内部保持 直近で確定した Up / Down フラクタル価格を保持し、 ブレイク判定やアラートに利用します。 ブレイク専用アラート（確定時アラートなし） フラクタル確定時ではなく、 価格が最新の Up フラクタルを上抜けたとき 価格が最新の Down フラクタルを下抜けたとき にアラートを出す設計です。 ブレイク判定は 終値ベース（ダマシを減らす） ヒゲ込み（高値 / 安値） を設定で切り替えられます。 視認性と制御性を重視した設計 フラクタル矢印は 確定時に1本のみ表示（重複なし） Up / Down で色分けされたラインと矢印 ライン表示・矢印表示の ON / OFF 切り替え可能 想定される用途 フラクタルを用いた サポート / レジスタンスの可視化 直近フラクタルを基準とした ブレイクアウト戦略 MT4 から TradingView への移行時に、 ロジックと見た目をできるだけ変えずに使いたい場合 本スクリプトは、 MT4のフラクタル系インジケーターに慣れたトレーダーが、 TradingViewでも違和感なく使えることを重視して設計されています。
Pine Script® Indikator
von tarotaro_n
Momentum & Breakout Confirmationwatch momentum build in real time on the current candle so you can confirm weather a breakout is indeed a breakout or will be a fake out. This is what it does This is a Momentum & Breakout Confirmation (MBC) indicator that analyzes the current candle in real-time to determine if it's a strong continuation move or possible reversal. Here's the breakdown: What It Measures: Momentum Strength - How much % the candle moved: STRONG = >0.5% move MEDIUM = 0.2-0.5% WEAK = <0.2% Direction - Simply bullish (green candle) or bearish (red candle) Four Confirmation Factors: Volume Surge - Is volume 1.5x above the 20-period average? Move Size - Is the candle body larger than 0.5x ATR (significant)? Body Strength - Is the body >60% of total candle range (strong conviction, minimal wicks)? Trend Aligned - Does it align with 9/21 MA trend direction? The Scoring System: Adds 1 point for each confirmation factor met (max 4 points) 3-4 points = "STRONG CONTINUATION" 🚀 2 points = "LIKELY CONTINUATION" 1 point = "WEAK SIGNAL" 0 points = "POSSIBLE REVERSAL" ⚠️ Key Difference from TPC: TPC uses multi-timeframe SuperTrend for strategic entries MBC focuses on the current candle only - it's asking "Is THIS candle showing real momentum or is it weak/fake?" Practical Use: Great for confirming if a breakout or move is "real" with strong conviction behind it, or if it's low-volume/weak-bodied and likely to fail. The table updates live so you can watch momentum build during the candle formation. Hope it helps. if you guys have any ideas for any indicators you want made please feel free to dm me as i like a good challenge lol ill sit here and try to code anything now im not saying i will be 100 percent successful but i will try for you, thanks for all the support from all you guys i def do appreciate it.
Pine Script® Indikator
von wateriskey6689
True vs False Breakout (Vol + Body Shape) **Indicator Description: True vs. False Breakout Detector** This indicator helps identify the quality of a breakout by analyzing price action and volume. **★ Green Arrow: "True Breakout (Strong Candle)"** This represents a high-confidence breakout signal. * **Criteria:** Price Breakout + Volume Surge + Strong Candle Close (minimal to no upper wick). * **Significance:** Indicates strong bullish momentum. **● Grey Dot: "Weak Breakout"** Appears when price breaks resistance but shows signs of weakness. * **Criteria:** Breakout with low volume OR a long upper wick (rejection). * **Meaning:** "Price made a new high, but the move is untrustworthy." * **Action:** Do not chase the long position. Be cautious and look for potential reversals. **▼ Red Label: "False Breakout (Reversal)"** * **Signal:** Appears when a Weak Breakout (Grey Dot) is followed by bearish price action. * **Action:** This indicates a confirmed False Breakout and presents a prime shorting opportunity. ------------------------------------------------------------------------------------------- ★指标描述：真假突破辨别。 ★绿色箭头 "真突破 (强K线)"： 这是你要的完美信号。 它意味着：价格破位 + 成交量放大 + K线收盘坚决（几乎没有上影线）。 对应刚才的行情： 刚才那根1H大阳线应该会触发这个信号。 灰色圆点 "弱势突破" (新增)： 如果价格突破了阻力，但是没量，或者留了长上影线（像你之前描述的那几根15分钟线），指标会标记灰色圆点。 含义： “虽然价格破了新高，但我不信任它”。这时候千万不要追多，反而要准备做空。 红色标签 "假突破 (反转)"： 当灰色圆点（弱势突破）出现后，紧接着出现红色标签，就是绝佳的做空点。
Pine Script® Indikator
von fish0210
5
BB Breakout-Momentum + Reversion Strategies# BB Breakout-Momentum + Reversion Strategies ## Overview This indicator combines two complementary Bollinger Band trading strategies that automatically adapt to market conditions. Strategy 1 capitalizes on trending markets with breakout-pullback-momentum setups, while Strategy 2 exploits mean reversion in ranging markets. Advanced filtering using ADX and BB Width ensures each strategy only fires in its optimal market environment. --- ## Strategy 1: Breakout → Pullback → Renewed Momentum (Long B / Short B) ### Best Market Conditions - **Trending Markets**: ADX ≥ 25 - **High Volatility**: BB Width ≥ 1.0× average - Directional price action with sustained momentum ### Entry Logic **Long B (Bullish Breakout):** 1. **Initial Breakout**: Price breaks above upper Bollinger Band with strong momentum 2. **Controlled Pullback**: Price pulls back 1-12 bars but holds above lower band (stays in trend) 3. **Defended Zone**: Pullback creates a support zone based on swing lows (validated by multiple touches) 4. **Renewed Momentum**: Price reclaims with green candle, volume confirmation, bullish MACD 5. **Position Check**: Entry must have cushion below upper band and room to reach targets **Short B (Bearish Breakdown):** - Mirror logic for downtrends: breakdown below lower band, pullback stays below upper band, renewed selling pressure ### Risk Management - **Stop Loss**: Lower of (zone floor/previous low) OR (1.5 × ATR from entry) - **Targets**: - T1: Entry + 0.85R (0.85 × 1.5 ATR) - T2: Entry + 1.40R (1.40 × 1.5 ATR) - T3: Entry + 2.50R (2.50 × 1.5 ATR) - T4: Entry + 4.50R (4.50 × 1.5 ATR) - Risk is calculated using ATR (ATRX = 1.5 ATR), stop uses tighter of structural level (ATRL) or ATRX --- ## Strategy 2: Bollinger Band Mean Reversion (Long R / Short R) ### Best Market Conditions - **Ranging Markets**: ADX ≤ 20 - **Low Volatility**: BB Width ≤ 0.8× average - Price oscillating around the mean without sustained trend ### Entry Logic **Long R (Long Reversion):** 1. **Overextension**: Price breaks below lower Bollinger Band (2 consecutive closes) 2. **Snap Back**: Price crosses back above lower band (re-enters the range) 3. **Entry Window**: Within 2 candles of re-entry, look for: - **Green candle** (close > open) confirming bullish strength - Close above previous candle (close > close ) 4. **Trigger**: First qualifying candle within 2-bar window executes the trade **Short R (Short Reversion):** 1. **Overextension**: Price breaks above upper Bollinger Band (2 consecutive closes) 2. **Snap Back**: Price crosses back below upper band (re-enters the range) 3. **Entry Window**: Within 2 candles of re-entry, look for: - **Red candle** (close < open) confirming bearish pressure - Close below previous candle (close < close ) 4. **Trigger**: First qualifying candle within 2-bar window executes the trade ### Risk Management - **Stop Loss**: Lower of (previous high/low) OR (1.5 × ATR from entry) - **Targets**: Same as Strategy 1 (0.85R, 1.4R, 2.5R, 4.5R based on 1.5 ATR) - Betting on return to Bollinger Band basis (mean) --- ## Advanced Filtering System ### ADX Filter (Average Directional Index) - **Purpose**: Measures trend strength vs choppy/ranging conditions - **Trending**: ADX ≥ 25 → Enables Strategy 1 (Breakout) - **Ranging**: ADX ≤ 20 → Enables Strategy 2 (Reversion) - **Neutral**: ADX 20-25 → No signals (indecisive market) ### BB Width Filter - **Purpose**: Confirms volatility expansion/contraction - **Wide Bands**: Current width ≥ 1.0× 50-bar average → Trending environment - **Narrow Bands**: Current width ≤ 0.8× 50-bar average → Ranging environment - **Logic**: Both ADX and BB Width must agree on market state before signaling ### Combined Logic - **Strategy 1 fires**: When BOTH ADX shows trending AND bands are wide - **Strategy 2 fires**: When BOTH ADX shows ranging AND bands are narrow - **Visual Display**: Table at bottom-right shows ADX value, BB Width ratio, and current market state --- ## Visual Elements ### Bollinger Bands - **Gray line**: 20-period SMA (basis/mean) - **Green line**: Upper band (basis + 2 standard deviations) - **Red line**: Lower band (basis - 2 standard deviations) ### Strategy 1 Markers - **Long B**: Green triangle below bar with "Long B" text - **Short B**: Orange triangle above bar with "Short B" text - **Defended Zones**: Green/red boxes showing pullback support/resistance areas - **Targets**: Green/orange crosses showing T1-T4 and stop loss levels ### Strategy 2 Markers - **Long R**: Blue label below bar with "Long R" text - **Short R**: Purple label above bar with "Short R" text - **Trade Levels**: Horizontal lines extending 50 bars forward - Blue solid = Entry price - Red dashed = Stop loss - Green/Orange dotted = Targets (T1-T4) ### Market State Table - **ADX**: Current value with color coding (green=trending, orange=ranging, gray=neutral) - **BB Width**: Ratio vs 50-bar average (e.g., "1.15x" = 15% wider than average) - **State**: TREND / RANGE / NEUTRAL classification --- ## Settings & Customization ### Bollinger Bands - **BB Length**: 20 (default) - period for moving average - **BB Std Dev**: 2.0 (default) - standard deviation multiplier ### ATR & Risk - **ATR Length**: 14 (default) - period for Average True Range calculation - All stop losses and targets are derived from 1.5 × ATR ### Trend/Range Filters - **ADX Length**: 14 (default) - **ADX Trending Threshold**: 25 (higher = stronger trend required) - **ADX Ranging Threshold**: 20 (lower = tighter ranging condition) - **BB Width Average Length**: 50 (period for comparing current width) - **BB Width Trend Multiplier**: 1.0 (width must be ≥ this × average) - **BB Width Range Multiplier**: 0.8 (width must be ≤ this × average) - **Use ADX Filter**: Toggle on/off - **Use BB Width Filter**: Toggle on/off ### Strategy 1 (Breakout-Momentum) - **Breakout Lookback**: 15 bars (how far back to search for initial breakout) - **Min Pullback Bars**: 1 (minimum consolidation period) - **Max Pullback Bars**: 12 (maximum consolidation period) - **Show Defended Zone**: Display support/resistance boxes - **Show Signals**: Display Long B / Short B markers - **Show Targets**: Display stop loss and target levels ### Strategy 2 (Reversion) - **Show Signals**: Display Long R / Short R markers - **Show Trade Levels**: Display entry, stop, and target lines --- ## How to Use This Indicator ### Step 1: Identify Market State - Check the table in bottom-right corner - **TREND**: Look for Strategy 1 signals (Long B / Short B) - **RANGE**: Look for Strategy 2 signals (Long R / Short R) - **NEUTRAL**: Wait for clearer conditions ### Step 2: Wait for Signal - Signals only fire when ALL conditions are met (structural + momentum + filters + room-to-target) - Signals are relatively rare but high-probability ### Step 3: Execute Trade - **Entry**: Close of signal candle - **Stop Loss**: Shown as red cross (Strategy 1) or red dashed line (Strategy 2) - **Targets**: Scale out at T1, T2, T3, T4 or hold for maximum R:R ### Step 4: Management - Consider moving stop to breakeven after T1 - Trail stop using swing lows/highs in Strategy 1 - Exit full position at T2-T3 in Strategy 2 (mean reversion has limited upside) --- ## Key Principles ### Why This Works 1. **Market Adaptation**: Uses right strategy for right conditions (trend vs range) 2. **Confluence**: Multiple confirmations required (structure + momentum + volatility + room) 3. **Risk-Defined**: Every trade has pre-calculated stop and targets based on ATR 4. **Probability**: Filters reduce noise and increase win rate by waiting for ideal setups ### Common Pitfalls to Avoid - ❌ Taking signals in NEUTRAL market state (indicators disagree) - ❌ Overriding the stop loss (it's calculated for a reason) - ❌ Expecting signals on every swing (quality over quantity) - ❌ Using Strategy 1 in ranging markets or Strategy 2 in trending markets - ❌ Ignoring the room-to-target check (signal won't fire if targets are blocked) ### Complementary Analysis This indicator works best when combined with: - Higher timeframe trend analysis - Key support/resistance levels - Volume analysis - Market structure (swing highs/lows) - Risk management rules (position sizing, max daily loss, etc.) --- ## Technical Details ### Indicators Used - **Bollinger Bands**: 20-period SMA ± 2 standard deviations - **ATR**: 14-period Average True Range for volatility measurement - **ADX**: 14-period Average Directional Index for trend strength - **EMA**: 10 and 20-period exponential moving averages (Strategy 1 filter) - **MACD**: 12/26/9 settings (Strategy 1 momentum confirmation) - **Volume**: Compared to 15-bar average (Strategy 1 confirmation) ### Calculation Methodology - **ATRL** (Structural Risk): Previous swing high/low or defended zone boundary - **ATRX** (ATR Risk): 1.5 × 14-period ATR from entry price - **Stop Loss**: Minimum of ATRL and ATRX (tightest protection) - **Targets**: Always calculated from ATRX (consistent R-multiples) - **BB Width Ratio**: Current BB width ÷ 50-period SMA of BB width --- ## Performance Notes ### Strengths - Adapts to changing market conditions automatically - Clear, objective entry and exit criteria - Pre-defined risk on every trade - Filters reduce false signals significantly - Works across multiple timeframes and instruments ### Limitations - Signals are infrequent (by design - quality over quantity) - Requires patience to wait for all conditions to align - May miss explosive moves if pullback doesn't form properly (Strategy 1) - Ranging markets can transition to trending (Strategy 2 risk) - Filters may delay entry in fast-moving markets ### Best Timeframes - **Strategy 1**: 1H, 4H, Daily (needs time for proper pullback structure) - **Strategy 2**: 15M, 30M, 1H (mean reversion works best intraday) - Both strategies can work on any timeframe if market conditions are right ### Best Instruments - **Liquid markets**: Major stocks, indices, forex pairs, liquid crypto - **Sufficient volatility**: ATR should be meaningful relative to price - **Clear trend/range cycles**: Markets that respect technical levels --- ## IMPORTANT DISCLAIMER ### Risk Warning **TRADING INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.** This indicator is provided for **educational and informational purposes only**. It does not constitute financial advice, investment advice, trading advice, or any other sort of advice. You should not treat any of the indicator's content as such. ### No Guarantee of Profit Past performance is not indicative of future results. No trading strategy, including this indicator, can guarantee profits or protect against losses. The market is inherently unpredictable and all trading involves risk. ### User Responsibility - **Do Your Own Research**: Always conduct your own analysis before making trading decisions - **Test First**: Backtest and paper trade this strategy before risking real capital - **Risk Management**: Never risk more than you can afford to lose - **Position Sizing**: Use appropriate position sizes relative to your account - **Stop Losses**: Always use stop losses and respect them - **Market Conditions**: Understand that market conditions change and past behavior may not repeat ### No Liability The creator of this indicator accepts no liability for any financial losses incurred through the use of this tool. All trading decisions are made at your own risk. You are solely responsible for evaluating the merits and risks associated with the use of any trading systems, signals, or content provided. ### Not Financial Advice This indicator does not take into account your personal financial situation, investment objectives, risk tolerance, or specific needs. You should consult with a licensed financial advisor before making any investment decisions. ### Technical Limitations - Indicators can repaint or lag in real-time - Past signals may look different than real-time signals - Code bugs or errors may exist despite testing - TradingView platform limitations may affect functionality ### Market Risks - Markets can gap, causing stops to be executed at worse prices - Slippage and commissions can significantly impact results - High volatility can cause unexpected losses - Counterparty risk exists in all leveraged products --- ## Version History - **v1.0**: Initial release combining breakout-momentum and mean reversion strategies - Includes ADX and BB Width filtering - ATRL/ATRX risk calculation system - 2-candle entry window for reversion trades --- ## Credits & License This indicator combines concepts from classical technical analysis including Bollinger Bands (John Bollinger), ATR (Welles Wilder), and ADX (Welles Wilder). The specific implementation and combination of filters is original work. **Use at your own risk. Trade responsibly.** --- *For questions, suggestions, or to report bugs, please comment below or contact the author.* **Remember: The best indicator is the one between your ears. Use this tool as part of a comprehensive trading plan, not as a standalone solution.**
Pine Script® Indikator
von novaroma1
ADX Breakout Enhanced Signal🥋 Trading Dojo – ADX Breakout Enhanced Signal This indicator combines the trend-strength power of the ADX with dynamic breakout-based signals, designed for traders who want more frequent and higher-probability entries on timeframes like 1 hour. The core logic focuses on: 📌 1. Trend Strength Detection with ADX The indicator evaluates whether the market is showing a strong directional trend using an optimized ADX. When ADX rises above the configured threshold, the system interprets that price has enough momentum to validate an entry. 📌 2. Breakout Entry Logic It identifies points where price breaks recent highs or lows, confirming the start or continuation of movement. This breakout-based approach produces more entries than traditional ADX strategies alone. 📌 3. Clear and Simple Signals 🟩 Long when price breaks a recent high with strong trend confirmation. 🟥 Short when price breaks a recent low with strong trend confirmation. 📌 4. Built-In Automated Alerts The indicator automatically generates JSON alerts ready for use with automation tools such as trading bots, webhooks, BingX, 3Commas, Discord bots, and more. 🎯 Purpose of the Indicator To provide more frequent, well-distributed, and momentum-validated entries, while maintaining simplicity and speed — perfect for real-time decision-making. Perfect For: Intraday trading 1h, 30m, and 15m timeframes Breakout-based strategies Automated trading systems
Pine Script® Indikator
von Mike-Caves
Nifty Breakout Levels Strategy (v7 Hybrid)Nifty Breakout Levels Strategy (v7 Hybrid – Compounding from Start Date) Instrument / TF: Designed for current-month NIFTY futures on 1-hour timeframe, with at most 1 trade per day. Entry logic: Uses a 10-bar breakout box with a 0.3% buffer, plus EMA-based trend + proximity filter. Longs: price in breakout-high zone, above EMA50/EMA200 and within proximityPts. Shorts: price in breakout-low zone and strong downtrend (EMA10 < EMA20 < EMA50 < EMA200, price below EMA200). Trades only when ATR(14) > atrTradeThresh and during regular hours (till 15:15). Risk / exits: Stop loss is ATR-adaptive – max of slBasePoints (100 pts) and ATR * atrSLFactor; TP is fixed (tpPoints, e.g. 350 pts). Longs have stepped trailing profit levels (100/150/200/250/320 pts) that lock in gains on pullbacks. Shorts have trailing loss-reduction levels (80/120/140 pts) to cut improving losses. Additional exit: 1H EMA50 2-bar reversal against the position, plus optional EOD flatten at 3:15 PM. Compounding engine: From a chosen start date, equity is rebased to startCapital, and lot size scales dynamically as equity / capitalPerLot, with automatic lot reductions at three drawdown thresholds (ddCut1 / 2 / 3). Automation: All entries and exits are exposed via alertconditions (long/short entry & exit) so the strategy can be connected to broker/webhook automation.
Pine Script® Strategie
von maheshxlent
Swing Traces [BigBeluga]🔵 OVERVIEW The Swing Traces indicator identifies significant swing points in the market and extends them forward as fading traces. These traces represent the memory of recent highs and lows, showing how price interacts with past turning points over time. Traders can use the fading intensity and breakout signals to gauge when a swing has lost influence or when price reacts to it again. 🔵 CONCEPTS Swing Detection – Detects recent upper and lower swing points using sensitivity-based highs and lows. Trace Longevity – Each swing projects a “trace” forward in time, gradually fading with age until it expires. Trace Size – Each trace is drawn with both a main level and a size extension (half of the bar range) to highlight swing influence. Longevity Counters – Swings remain active for a customizable number of bars before fading out or being crossed by price. Swing Retest – Labels appear when price retest above/below an active trace extension levels, confirming potential reversal. 🔵 FEATURES Adjustable sensitivity length for swing detection. Separate longevity controls for upper and lower swing traces. Fading gradient coloring for visualizing how long a trace has been active. Double-trace plotting: one at the swing level and one offset by trace size. Clear BUY/SELL signals when price crosses a swing trace after it has matured. 🔵 HOW TO USE Use blue (upper) traces as resistance zones; lime (lower) traces as support zones. Watch for fading traces: the longer they persist, the weaker their influence becomes. Retest dots (●) confirm when price retest a trace, signaling a potential reversal. Shorter sensitivity values detect faster, smaller swings; longer values capture major swing structures. Combine with trend indicators or volume to filter false breakout signals. 🔵 CONCLUSION The Swing Traces indicator is a powerful tool for mapping price memory. By projecting recent swing highs and lows forward and fading them over time, it helps traders see where price may react, consolidate, or break through with strength. Its dynamic traces and breakout labels make it especially useful for swing traders, breakout traders, and liquidity hunters.
Pine Script® Indikator
von BigBeluga
6
ONLY LONG – 4H Breakout → 1H EMA(12/21) [Signals]🔹 ONLY LONG – 4H Breakout → 1H EMA(12/21) Author: SystemsOverFeelings Type: Signal-only indicator (non-repainting) Timeframe: Designed for the 1H chart Markets: BTCUSDT perpetual& major pairs 📖 Concept A high-timeframe confirmation model for trend-continuation longs. It detects: A 4-Hour breakout candle closing above recent range highs, With very-high volume confirmation, and Then waits for a 1-Hour pullback into the EMA(12/21) band or a Break of Structure (BOS) to re-enter. No repainting — all 4H logic uses request.security(..., lookahead_off) for confirmed data. 🧩 Signal Logic ✅ 4H Trigger: Breakout candle with volume > SMA(20) × user multiplier. ✅ Armed Regime: Green background = system ready for 1H entries. 🟢 LONG Signal: 1H candle consolidates inside or touches the EMA band, or shows BOS confirmation. ❌ EXIT Signal: 4H EMA(12) crosses below EMA(21). All signals are visually marked and alert-ready. ⚙️ Adjustable Parameters 4H volume multiplier Range lookback days Pullback strictness (inside/touch) 1H BOS pivot length & mode Expiry time for invalidated setups 🔔 Alerts Built-in alerts for: 4H breakout trigger 1H long entry signal 4H band exit Use them directly via “Create Alert → Condition → This Script → Choose Signal.” 💡 Notes Works best on BTC/ETH 1H chart. Non-repainting, multi-timeframe logic. Use for directional bias or entry timing — not financial advice.
Pine Script® Indikator
von SystemsOverFeelings
Liquidity Sweep Breakout - LSBLiquidity Sweep Breakout - LSB A professional session-based breakout system designed for OANDA:USDJPY and other JPY pairs. Not guesswork, but precision - built on detailed observation of institutional moves to capture clear trade direction daily. Master the Market’s Daily Bank Flow. --- Strategy Detail: I discovered this strategy after carefully studying how Japanese banks influence the forex market during their daily settlement period. Banks are some of the biggest players in the financial world, and when they adjust or settle their accounts in the morning, it often creates a push in the market. From years of observation, I noticed a consistent pattern, once banks finish their settlements, the market usually continues moving in the same direction that was formed right after those actions. This daily banking flow often sets the tone for the entire trading session, especially for JPY pairs like USDJPY. To capture this move, I built the indicator so that it follows the bank-driven trend with clear rules for entries, stop-loss (SL), and take-profit (TP). The system is designed with professional risk management in mind. By default, it assumes a $10,000 account size, risks only 1% of that balance per trade, and targets a 1:1.5 reward-to-risk ratio. This means for every $100 risked, the potential profit is $150. Such controlled risk makes the system safer and more sustainable for long-term traders. At the same time, users are not limited to this setup, they can adjust the account balance in the settings, and the indicator will automatically recalculate the lot size and risk levels based on their own capital. This ensures the strategy works for small accounts and larger accounts alike. 🌍 Why It Works Fundamentally driven: Based on **daily Japanese banking settlement flows**. Session-specific precision: Targets the exact window when USDJPY liquidity reshapes. Risk-managed: Always calculates lot size based on account and risk preferences. Automatable: With webhook + MT5 EA, it can be fully hands-free. --- ✅ Recommended Pair: USDJPY (best observed behavior). Timeframe: 3-Minute chart. Platform: TradingView Premium (for webhooks). Execution: MT5 via EA. --- 🔎 Strategy Concept The Tokyo Magic Breakout (TMB) is built on years of session observation and the unique daily rhythm of the Japanese banking system. Every morning between 5:50 AM – 6:10 AM PKT (09:50 – 10:10 JST), Japanese banks perform daily reconciliation and settlement. This often sets the tone for the USDJPY direction of the day. This strategy isolates that critical moment of liquidity adjustment and waits for a clean breakout confirmation. Instead of chasing noise, it executes only when price action is aligned with the Tokyo market’s hidden flows. --- 🕒 Timing Logic Session Start: 5:00 AM PKT (Tokyo market open range). Magic Candle: The 5:54 AM PKT candle is marked as the reference “breakout selector.” Checkpoints: First confirmation at 6:30 AM PKT, then every 15 minutes until 8:30 AM PKT. * If price stays inside the magic range → wait. * If a breakout happens but the candle wick touches the range → wait for the next checkpoint. * If by 8:30 AM PKT no clean breakout occurs → the day is marked as No Trade Day (NTD). 👉 Recommended timeframe: 3-Minute chart (3M) for precise signals. --- 📈 Trade Execution Entry: Clean break above/below the magic candle’s range. Stop-Loss: Opposite side of the Tokyo session high/low. Take-Profit: Calculated by Reward\:Risk ratio (default 1.5:1). Lot Size: Auto-calculated based on your risk model: * Fixed Dollar * % of Equity * Conservative (minimum of both). Visuals include: ✅ Entry/SL/TP lines ✅ Shaded risk (red) and reward (green) zones ✅ Trade labels (Buy/Sell with lot size & levels) ✅ TP/SL hit markers --- 🔔 Alerts & Automation (AutoTMB) This strategy is fully automation-ready with EA + MT5: 1. Enable alerts in TMB settings. 2. Insert your PineConnector License Key. 3. Configure your risk management preferences. 4. Create a TradingView alert → in the message box simply type: Pine Script® {{alert_message}} and set the EA webhook. Now, every breakout trade (with exact entry, SL, TP, and lot size) is sent instantly. 👉 On your MT5: * Install the EA. * Use the same license key. * Run it on a VPS or local MT5 terminal. You now have a hands-free trading system: AutoTMB.
Pine Script® Strategie
von humayunmha
4
Recent Range DetectorOverview The Recent Range Detector is a specialized indicator designed to identify when an asset is currently range-bound, providing traders with clear support and resistance levels for range trading strategies. Unlike traditional indicators that focus on trend detection, this tool specifically answers the question: "Is the price range-bound right now, and what are the exact trading levels?" Key Features ✅ Smart Range Detection - Uses a multi-factor scoring system to identify legitimate ranges ✅ Dynamic Support/Resistance Levels - Automatically calculates and displays key trading levels ✅ Range Quality Scoring - Provides confidence levels (Strong/Moderate/Weak Range) ✅ Touch Validation - Counts actual price touches to confirm range reliability ✅ Breakout Detection - Alerts when price exits the established range ✅ Visual Clarity - Clean boxes, lines, and labels for easy interpretation How It Works The indicator analyses recent price action using three core metrics: Touch Quality (40%) - How many times price has respected support/resistance levels Containment Quality (40%) - What percentage of recent bars stayed within the range Recent Respect (20%) - Whether the latest price action confirms the range These combine into a Range Score (0-1) that determines range strength and reliability. Settings & Parameters Range Lookback Period (Default: 15) Number of bars to analyse for range detection Shorter periods = more responsive to recent ranges Longer periods = more stable, fewer false signals Range Tolerance (Default: 2.0%) Tolerance for price touches around exact highs/lows Lower values = stricter range requirements Higher values = more flexible range detection Minimum Touches (Default: 3) Required number of support/resistance touches for valid range Higher values = more confirmed ranges, fewer signals Lower values = more sensitive, earlier detection Visual Options Show Range Box: Displays the range boundaries Show Support/Resistance Lines: Extends levels into the future Understanding the Output Range Score (0.000 - 1.000) 0.7+ = Strong Range (Green) - High confidence range trading setup 0.5-0.7 = Moderate Range (Yellow) - Decent range with some caution 0.3-0.5 = Weak Range (Orange) - Low confidence, be careful <0.3 = Not Ranging - Avoid range trading strategies Range Status Classifications Strong Range - Perfect for range trading strategies Moderate Range - Good range with normal risk Weak Range - Marginal range, use smaller positions Not Ranging - Price is trending or too choppy for range trading Key Metrics in Info Table Range Size (%) - Size of the range relative to price level 5-15% = Ideal range size for most strategies <5% = Tight range, lower profit potential >15% = Wide range, higher profit potential but more risk Support/Resistance Levels - Exact price levels for entries/exits Use these as your key trading levels Support = potential buy zone Resistance = potential sell zone Total Touches - Number of times price respected the levels 3-5 touches = Newly formed range 6-10 touches = Well-established range 10+ touches = Very strong, reliable range Price Position (%) - Current location within the range 0-20% = Near support (potential long opportunity) 80-100% = Near resistance (potential short opportunity) 40-60% = Middle of range (wait for better entry) Visual Elements Range Box Green Box = Strong Range (Score ≥ 0.7) Yellow Box = Moderate Range (Score 0.5-0.7) Orange Box = Weak Range (Score 0.3-0.5) Support/Resistance Lines - Horizontal lines showing exact trading levels - Extend into the future for forward guidance - Colour matches the range strength Background Colouring - Subtle background tint during range periods - Helps quickly identify ranging vs trending markets Breakout Signals - 📈 RANGE BREAK UP - Price breaks above resistance - 📉 RANGE BREAK DOWN - Price breaks below support - Only appears for confirmed ranges (Score ≥ 0.5) Trading Applications Range Trading Strategy 1. Look for Range Score ≥ 0.5 2. Buy near support (Price Position 0-20%) 3. Sell near resistance (Price Position 80-100%) 4. Set stops just outside the range 5. Exit on breakout signals Breakout Strategy 1. Identify strong ranges (Score ≥ 0.7) 2. Wait for volume-confirmed breakout 3. Enter in breakout direction 4. Use previous resistance as support (or vice versa) Market Context - Strong ranges often occur after trending moves - Use higher timeframes to confirm overall market structure - Combine with volume analysis for better entries/exits Best Practices What to Look For ✅ Range Score ≥ 0.5 for trading consideration ✅ Multiple touches (5+) for confirmation ✅ Clear price rejection at levels ✅ Reasonable range size (5-15% for most assets) ✅ Recent price respect of boundaries What to Avoid ❌ Trading ranges with Score < 0.3 ❌ Very tight ranges (<3% size) - low profit potential ❌ Ranges with only 1-2 touches - not confirmed ❌ Ignoring breakout signals ❌ Trading against the higher timeframe trend Alerts Available - Range Detected - New range formation - Range Break Up - Upward breakout - Range Break Down - Downward breakout - Range Ended - Range condition ended Timeframe Recommendations - Daily Charts - Best for swing trading ranges - 4H Charts - Good for intermediate-term ranges - 1H Charts - Suitable for day trading ranges - Lower Timeframes - May produce more noise Conclusion The Recent Range Detector eliminates guesswork in range identification by providing objective, quantified range analysis. It's particularly valuable for traders who prefer range-bound strategies or need to identify when trending strategies should be avoided. Remember: No indicator is perfect. Always combine with proper risk management, volume analysis, and broader market context for best results. Disclaimer This indicator is for educational purposes only and should not be considered as financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making any trading decisions.
Pine Script® Indikator
von eggubonda
Clarix 5m Scalping Breakout StrategyPurpose A 5-minute scalping breakout strategy designed to capture fast 3-5 pip moves, using premium/discount zone filters and market bias conditions. How It Works The script monitors price action in 5-minute intervals, forming a 15-minute high and low range by tracking the highs and lows of the first 3 consecutive 5-minute candles starting from a custom time. In the next 3 candles, it waits for a breakout above the 15m high or below the 15m low while confirming market bias using custom equilibrium zones. Buy signals trigger when price breaks the 15m high while in a discount zone Sell signals trigger when price breaks the 15m low while in a premium zone The strategy simulates trades with fixed 3-5 pip take profit and stop loss values (configurable). All trades are recorded in a backtest table with live trade results and an automatically updated win rate. Features Designed exclusively for the 5-minute timeframe Custom 15-minute high/low breakout logic Premium, Discount, and Equilibrium zone display Built-in backtest tracker with live trade results, statistics, and win rate Customizable start time, take profit, and stop loss settings Real-time alerts on breakout signals Visual markers for trade entries and failed trades Consistent win rate exceeding 90–95% on average when following market conditions Usage Tips Use strictly on 5-minute charts for accurate signal performance. Avoid during high-impact news releases. Important: Once a trade is opened, manually set your take profit at +3 to +5 pips immediately to secure the move, as these quick scalps often hit the target within a single candle. This prevents missed exits during rapid price action.
Pine Script® Indikator
von Maryam_Alghamdi
2
Opening Range Breakout🧭 Overview The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders. 🔧 Features 📊 ORB High/Low Lines Plots horizontal lines for the session’s high and low 🟩 Breakout Zones Background highlights when price breaks above or below the range 🏷️ Breakout Labels Text labels marking breakout events 🧭 Session Control Customizable session input (default: 09:15–09:30 IST) 📍 ORB Line Labels Text labels anchored to the ORB high and low lines (aligned right) 🔔 Alerts Configurable alerts for breakout events ⚙️ Adjustable Settings Show/hide background, labels, session window, etc. ⏱️ Session Logic • The ORB range is calculated during a defined session window (default: 09:15–09:30). • During this window, the highest high and lowest low are recorded as ORB High and ORB Low. 📈 Breakout Detection • Breakout Above: Triggered when price crosses above the ORB High. • Breakout Below: Triggered when price crosses below the ORB Low. • Each breakout can trigger: • A background highlight (green/red) • A text label (“Breakout ↑” / “Breakout ↓”) • An optional alert 🔔 Alerts Two built-in alert conditions: 1. Breakout Above ORB High • Message: "🔼 Price broke above ORB High: {{close}}" 2. Breakout Below ORB Low • Message: "🔽 Price broke below ORB Low: {{close}}" You can create alerts in TradingView by selecting these from the Add Alert window. 📌 Best Use Cases • Intraday momentum trading • Breakout and scalping strategies • First 15-minute range traders (NSE, BSE markets)
Pine Script® Indikator
von vasireddiramu78
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds Author of enhancements: chuckaschultz Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo Overview Pairs nicely with Contrarian 100 MA The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart. This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles. How It Works The Bollinger Bands Entry/Exit Thresholds calculates two key metrics: Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100). Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100). The indicator generates: Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside. Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions. Signals are visualized as tiny colored dots: Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings). Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar. Calculation Methodology Bollinger Bands: A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close). Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0). Upper Band = EMA + (Standard Deviation × Multiplier) Lower Band = EMA - (Standard Deviation × Multiplier) Bull and Bear Momentum: For each bar in the lookback period (length), the indicator calculates: Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range. Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range. Formula: bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100 bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100 Signal Generation: Long Entry: Triggered when bear crosses below the Long Threshold. Exit: Triggered when bull crosses below the Sell Threshold. Settings Length: Lookback period for EMA and standard deviation (default: 14). Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0). Source: Input price data (default: close). Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40). Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80). Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false). Style: Bullish Color: Color for bullish momentum plot (default: #f23645). Bearish Color: Color for bearish momentum plot (default: #089981). Visual Features Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity. Midline: Horizontal line at 50 for reference. Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold. Signal Dots: Long Entry: Tiny blue dots (below price bar or at oscillator bottom). Exit: Tiny white dots (above price bar or at oscillator top). How to Use Add to Chart: Apply the indicator to your TradingView chart. Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy. Interpret Signals: Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold. Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold. Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis. Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals. Notes This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options. Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets. Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations. Disclaimer This indicator is provided for educational and informational purposes only.
Pine Script® Indikator
von chuckaschultz
VWAP & Breakout Volume ConfirmHow the TradingView Indicator Works (Explained Simply) VWAP Line (Orange) It plots the Volume Weighted Average Price for the day. Price above VWAP = bullish zone Price below VWAP = bearish zone Volume Spike Detection (Red Triangle) It calculates the average volume over the last 20 candles. If the current volume is 1.5× that average, it plots a red triangle under the candle. Helps confirm if a move has real momentum or not. Breakout Confirmation (Green Label ‘BO’) Checks if price breaks above the last 10-bar high (for upside breakout) or below the last 10-bar low (for downside breakout). If a breakout happens and the volume spike is present, it plots a green “BO” label above the candle. This tells you the breakout is strong and likely to follow through.
Pine Script® Indikator
von TheRistan
Triangle Breakout Strategy with TP/SL, EMA Filter📌 Triangle Breakout Strategy with TP/SL, EMA Filters, and Backtest – Explained. ✅ 1. Pattern Detection – Triangle Breakout The script scans for triangle patterns by detecting local pivot highs and pivot lows. It uses two recent highs and two recent lows to draw converging trendlines (upper and lower boundaries of the triangle). If the price breaks above the upper trendline, a bullish breakout signal is generated. 🎯 2. TP (Take Profit) & SL (Stop Loss) When a bullish breakout is detected: A buy order is placed using strategy.entry. TP and SL levels are calculated relative to the current close price: TP = 3% above the entry price SL = 1.5% below the entry price These are defined using strategy.exit. 📊 3. EMA Filter An optional filter checks if: Price is above both EMA 20 and EMA 50 Only if this condition is met, the strategy allows a long entry. You can toggle the filter on or off with useEMAFilter. 📈 4. Backtesting with Strategy Tester This script uses strategy() instead of indicator() to enable TradingView’s built-in backtest engine. Every buy entry and exit (based on TP or SL) is recorded. 📌 5. Visuals EMA 20 and EMA 50 lines are plotted on the chart. A label is shown when a breakout is detected: "Breakout Up" Results (profit, win rate, drawdown, etc.) can be viewed in the Strategy Tester panel.
Pine Script® Strategie
von Reanimate_
VoluTility🌊 VoluTility forecasts trend exhaustion, breakout pressure, and structural inflection by measuring volatility  within  the effort stream. Built on the concept of ATR applied to volume, it doesn’t read raw volume — it reveals whether that volume is stable, chaotic, or compressing ahead of a move. The goal is to detect structural setups before they resolve. The lower the timeframe, the greater the alpha. 🧠 Core Logic A zero-centered histogram shows the deviation of smoothed volume from its own volatility baseline. Positive bars indicate expansion; negative bars signal compression. Color reflects rate-of-change in volume volatility. Opacity tracks effort/result strength — showing when moves are real or hollow. The overlaid ribbon (EMA vs HMA) highlights rhythm shifts. Orange fill signals real expansion; yellow shows decay or absorption. Together, they expose pre-breakout compression and exhaustion tails before price reacts. 🏗️ Structural Read On the 1H BTC chart shown, price coils into a shallow pullback, compressing within a narrow range marked by shrinking candle bodies and muted wick aggression. A sudden expansion candle breaks the coil cleanly, with no immediate rejection or wick reversion. Price holds above the breakout pivot, establishing a baseline for structural acceptance and shifting bias toward continuation. 🔰 Zone Descriptions 🔴 Volatile blowout 🟠 Clean expansion 🟡 Passive or absorbed effort 🟢 Steady-state rhythm 🔵 Compression coil 🧐 Suggested Use VoluTility is expressly designed as an overlay for sub-pane indicators, where it acts as a second-order rhythm map — exposing hidden structural pressure within volume or volatility streams. When paired with volume (like ZVOL or OBVX), it highlights when flow is expanding with intent versus fading into noise. When layered over volatility signals (like ATR Turbulence or WIRE), it reveals whether expansion has real effort behind it — or is just structural slack. It pairs especially well with the Relative Directional Index (RDI), where its histogram and ribbon offer early exhaustion signals before traditional trend or momentum fades appear. On raw momentum tools, it acts as a filter: softening false breaks and confirming pressure-backed continuation. Run on 15m or lower charts for early entry cues or breakout anticipation. On 1H charts, use it to validate compression resolution or detect fatigue before structure turns. It doesn’t react to price — it forecasts readiness.
Pine Script® Indikator
von TheLeadingIndicator
Pure Price Action Breakout with 1:5 RR Description of the Price Action Trading Script (Pine Script v6) Overview This script is a pure price action-based breakout strategy designed for TradingView. It identifies key breakout levels and executes long and short trades based on market structure. The strategy ensures a minimum risk-to-reward ratio (RR) of 1:5, aiming for high profitability with well-defined stop-loss and take-profit levels. How the Script Works 1️⃣ Breakout Identification The script uses a lookback period to find the highest high and lowest low over the last n bars. A bullish breakout occurs when the price closes above the previous highest high. A bearish breakout happens when the price closes below the previous lowest low. 2️⃣ Entry & Exit Strategy Long Entry: If a bullish breakout is detected, the script enters a long position. Short Entry: If a bearish breakout is detected, the script enters a short position. The stop-loss is placed at the recent swing low (for long trades) or recent swing high (for short trades). The target price is calculated based on a risk-to-reward ratio of 1:5, ensuring profitable trades. 3️⃣ Risk Management The stop-loss prevents excessive losses by exiting trades when the market moves unfavorably. The strategy ensures that each trade has a reward potential at least 5 times the risk. Positions are executed based on price action only, without indicators like moving averages or RSI. 4️⃣ Visual Representation The script plots breakout levels to help traders visualize potential trade setups. Entry points, stop-loss, and take-profit levels are labeled on the chart for easy tracking. Key Features & Benefits ✔ Pure Price Action – No lagging indicators, only real-time price movements. ✔ High Risk-to-Reward Ratio (1:5) – Ensures high-profit potential trades. ✔ Real-time Entry & Exit Signals – Provides accurate trade setups. ✔ Dynamic Stop-loss Calculation – Adjusts based on recent market structure. ✔ Customizable Parameters – Lookback periods and risk ratios can be modified.
Pine Script® Strategie
von drypacific