CIAN - Breakout Auto Entry v2.0

📌 Indicator Description — CIAN - Breakout Auto Entry

CIAN - Breakout Auto Entry is a script designed to automatically detect entry opportunities during breakouts from consolidation zones, based on professional technical criteria used by momentum and breakout traders. This tool clearly visualizes the entry level, Stop Loss (SL) and Take Profit (TP) zones, helping you maintain a structured and disciplined trading plan.

🧠 What does this indicator do?

It detects breakouts from prior bases when the following key conditions are met:

Price is above the 8, 21, and 50 EMAs.

Volume is above the average (i.e. greater than the 20-period SMA).

Candle closes above the high of the last 10 days.

It then automatically draws:

📦 Green TP zone (based on configurable R/R).

📦 Red SL zone (set at the previous candle’s low).

📘 Precise entry level at the breakout point.

It also deletes previous boxes when a new signal appears, keeping the chart clean.

Includes an integrated alert that notifies you as soon as a valid breakout is detected.

🛠️ Configurable Parameters:

Fast, medium, and slow EMAs (default: 8, 21, 50).

Risk/Reward Ratio (TP/SL), default value: 1.2.

Visual duration of boxes (default: 5 bars).

🎯 Ideal for:

Swing Traders

Breakout Traders

Users of 1D or 4H timeframes as their main setup