MILLION MEN - Discount Zone Breakouts

What it is
MILLION MEN — Discount Zone Breakouts (Lite & Stable) highlights a structure-based trading range from the latest confirmed swing high/low, renders Premium/Equilibrium/Discount zones, and raises one-shot breakout signals when price closes outside the range. It focuses on stable visuals and simple breakout logic suitable for intraday and swing trading.

How it works (high-level)

Confirmed swings: Uses ta.pivothigh/ta.pivotlow with auto or manual pivot length.

Range & zones: From the swing range, the tool derives Premium (top 25%), Equilibrium (50%), and Discount (bottom 25%).

Anchoring: Left edge is locked at the bar where the pivot confirms; the right edge can extend N bars.

One-shot breakouts:

Up breakout: first close > swingHigh (resets on new range).

Down breakout: first close < swingLow (resets on new range).

Optional on-close only mode to avoid intrabar noise.

Clean UI: Optional zone boxes, dashed equilibrium line, mid-labels (“Premium / Equilibrium / Discount”), and minimal candle coloring by regime.

How to use

Treat Discount as value area in bullish contexts and Premium as distribution area in bearish contexts.

Breakout dots (up/down) mark regime shifts beyond the current range; confirm with your higher-TF bias, volume, or momentum.

Tune pivot length and forward extension to your timeframe (e.g., smaller for scalping, larger for swings).

Originality & value
Unlike generic S/R overlays, this lite tool prioritizes confirmed swing structure with a fixed anchor, clear 25/50/75 zone mapping, and one-shot breakout logic to prevent repetitive signals until a new range forms. The emphasis is on stability + readability, making it a dependable building block in multi-indicator workflows.

Limitations & transparency

Breakouts on strong trends can retest or fail; always add confirmation (structure/volume).

Pivots confirm with delay equal to pivot length—this reduces repaint and is intentional.

Non-standard bar types are not supported for signal logic.

This indicator provides analysis, not financial advice.


Arabic

يعرض السكربت آخر مدى مؤكد من قمّة/قاع ويرسم مناطق Premium / Equilibrium / Discount، ويعطي إشارة اختراق لمرة واحدة عند إغلاق السعر فوق القمّة أو تحت القاع. الفكرة بسيطة وثابتة بصريًا، وتصلح للإنترادي والسوينغ. يُفضّل تأكيد الاختراق بهيكل أعلى إطار أو فوليوم/مومنتُم. تذكير: تأكيد القمم/القيعان متأخر بحسب طول البيفوت لتفادي إعادة الرسم.