TBBT (Two Bar Break Through)

📘 TBBT (Two Bar Break Through)

Overview
TBBT is a simple breakout indicator that generates signals when the current bar breaks above or below the previous bar’s high/low.
Signals are marked in **green (60% transparent)** on the chart for both buy and sell conditions.

- Buy → Current high > Previous high and candle closes bullish
- Sell → Current low < Previous low and candle closes bearish

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Key Features
1. Straightforward breakout logic
• Detects upward breakouts of the previous bar’s high.
• Detects downward breakouts of the previous bar’s low.

2. Visuals
• Green labels (60% transparency).
• “Buy” label plotted below breakout bars.
• “Sell” label plotted above breakdown bars.

3. Alerts
• Alerts available for both Buy and Sell conditions.
• Custom alert messages included.

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How to Use
• Add TBBT to your chart.
• Watch for “Buy” or “Sell” signals to identify momentum shifts.
• Combine with other filters (trend, volume, higher timeframe analysis) for more reliable setups.

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👉 In short:
**TBBT highlights simple two-bar breakout signals** with clean green markers for both directions.