PROTECTED SOURCE SCRIPT

Flat Breakout Detector

62
🔹 English Description

Flat Breakout Detector is an indicator designed to highlight when the market shifts from flat, sideways trading into active movement.

Originality: Unlike standard trend or volatility tools, this script focuses on detecting abnormal volatility expansions compared to previous candles. Since around 80% of the time the market stays in flat ranges, the real opportunities often appear when price leaves consolidation. The indicator identifies these volatility anomalies, which may signal the start of a trend or a breakout.

What it does: The script measures the relative distance of price extremes from a moving average and applies a Z-score transformation. This helps traders spot volatility spikes that stand out from the prior market behavior. In simple terms: when volatility expands unusually, the indicator highlights it as a potential breakout moment.

How to use:

Ideal for traders working with consolidation/breakout patterns.

Works best as a scanner/alert system: when a signal appears, open the chart, analyze the setup, and decide whether it fits your trading strategy.

Not every signal means entry — sometimes volatility expansion happens inside the flat.

If the setup matches your strategy, place limit orders or enter at market; if not, ignore the signal and wait for the next one.

⚠️ Disclaimer: This is not a buy/sell signal generator. It only highlights moments of volatility expansion and possible breakouts. Always combine it with your own technical and volume analysis before making trading decisions.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.