Opening Range BreakoutThis is an Opening Range Breakout script. It will plot the opening range high and low (green and red lines, respectively) as determined by the user input (default is a 15 min window from market open, 9:30 - 9:45 am). The time period for the breakout is also configured by a user input (default is from 9:45 am - 2:30 pm).
Alerts are sent for breakouts either above (bullish) or below (bearish) the opening range high and low. An EMA is also used for trend confirmation before sending alerts for breakouts (to avoid false signals).
A bullish breakout is determined by all of the following being true:
- The current price being above the opening range high (green line)
- The EMA trending up (ie the current value of the EMA > prior EMA value)
- The current price is > the EMA
- The EMA is > the opening range high
A bearish breakout is determined by all of the following being true:
- The current price being below the opening range low (red line)
- The EMA trending down (ie the current value of the EMA < prior EMA value)
- The current price is < the EMA
- the EMA is < the opening range low
Enjoy this simple indicator!
스크립트에서 "breakout"에 대해 찾기
Support & Resistance with RSI BreakoutsThe script is a TradingView Pine Script (v5) indicator that identifies support and resistance levels using RSI (Relative Strength Index) breakouts. Here’s a breakdown of what it does:
Features:
RSI Calculation:
The script calculates the 14-period RSI (default) using the closing price.
The user can modify the RSI period through an input setting.
Buy and Sell Signals:
A buy signal is triggered when RSI drops below 20 (indicating oversold conditions).
A sell signal is triggered when RSI rises above 80 (indicating overbought conditions).
Visual Representation:
Buy signals are marked with a green upward arrow (↑) below the price bars.
Sell signals are marked with a red downward arrow (↓) above the price bars.
The arrows help traders easily spot potential trade opportunities.
Usage:
This script is useful for traders looking to buy at oversold conditions and sell at overbought conditions based on RSI.
It works best when combined with other indicators or price action strategies to confirm signals.
GTC Breakout ScannerIntroducing the GTC Breakout Scanner – Your Ultimate Market Radar!
Stay ahead of market moves with the GTC Breakout Scanner, a powerful TradingView indicator designed to detect momentum shifts, identify breakouts, and optimize your entries and exits like never before.
🔹 Multi-Coin Screener – Get real-time rate-of-change (ROC) alerts across multiple assets in one view.
🔹 AI-Enhanced Analysis – Adaptive K-means clustering fine-tunes overbought and oversold levels dynamically.
🔹 Precision Alerts – Detect bullish and bearish breakouts with customizable thresholds.
🔹 Over-Extended Integration – Visualize price movements with dynamic upper and lower bands for added confirmation.
Whether you're a scalper, swing trader, or long-term investor, the GTC Breakout Scanner empowers you with instant insights to catch high probability opportunities before the crowd.
🚀 Upgrade your trading strategy today with the GTC Breakout Scanner! 🚀
The GTC Breakout Scanner indicator is ideal for traders who rely on momentum, trend shifts, and volatility-based strategies. Here are the key types of traders who would benefit the most:
🔥 1. Momentum Traders
The indicator tracks the Rate of Change (ROC) and alerts when an asset’s price momentum is shifting.
Traders looking for explosive price movements can spot early bullish or bearish signals before major trends develop.
⚡ 2. Swing Traders
The scanner tracks multiple cryptocurrencies and flags high-probability reversals based on historical price action.
The adjustable overbought/oversold zones adapt dynamically using K-means clustering, making it useful for precision entry and exit points.
🚀 3. Trend-Following Traders
The inclusion of Bollinger Bands with dynamic thresholds allows traders to identify trend continuation or breakdowns.
The adaptive OB/OS levels help in recognizing trend exhaustion or potential breakout setups.
🎯 4. Mean Reversion Traders
Traders who capitalize on price deviations from the mean will benefit from the indicator’s multi-timeframe analysis and ability to detect extreme price movements.
Alerts on overbought/oversold conditions help traders enter at ideal pullback levels.
⏳ 5. Crypto Scalpers & Day Traders
The bullish and bearish momentum shifts make it a great tool for short-term traders looking to capitalize on fast moves.
The multi-coin screener lets traders monitor several assets at once, ensuring they don’t miss high-volatility setups.
This indicator is a powerful all-in-one scanner that helps traders spot momentum shifts, trend reversals, and breakout opportunities across multiple cryptocurrencies. Whether you're a swing trader, trend follower, scalper, or momentum trader, the GTC Breakout Scanner indicator provides precision market insights. 🚀🔥
⚠️ Disclaimer:
The GTC Breakout Scanner is a powerful tool designed to enhance your market analysis by providing real-time insights on market shifts. However, it is not a replacement for comprehensive market analysis or prudent risk management. Always combine this tool with thorough research, technical analysis, and a well-structured trading plan. Past performance is not indicative of future results. Trade responsibly.
Premarket High/Low Breakout AlertsPremarket High/Low Breakout Alerts
Description: This custom TradingView indicator helps you track premarket breakouts and breakdowns for a list of selected stocks. The indicator monitors the premarket session and sends an alert every time the stock's price breaks above the premarket high or below the premarket low.
Key Features:
Track Multiple Stocks: Easily monitor multiple stocks (e.g., AAPL, TSLA, NVDA, etc.) and get alerts when they break premarket levels.
Premarket Session Monitoring: The indicator checks for price movements during the premarket session (4:00 AM to 9:30 AM EST).
Customizable Ticker List: Modify the list of tickers directly from the TradingView settings to suit your daily trading needs.
Breakout and Breakdown Alerts: Receive instant alerts for both breakout (above premarket high) and breakdown (below premarket low) conditions.
Plot Premarket Levels: The premarket high and low levels are plotted on the chart for easy reference.
How to Use:
Add this indicator to your chart.
Go to the indicator settings and input your desired stock tickers (e.g., AAPL, TSLA, MSFT).
The indicator will automatically track the premarket levels and send alerts when those levels are broken.
Customize the tickers daily if needed.
Ideal For:
Day Traders who want to track premarket movements.
Swing Traders looking for strong breakouts from premarket levels.
Scalpers who need quick alerts to catch price action early.
Enhanced Interval Candle with Breakout Detection and Detailed InThis indicator visualizes the last candle of a user-defined time interval (e.g., 1 hour, 4 hours, 1 day) on the current chart, providing enhanced details and breakout detection. It fetches the open, high, low, and close prices of the interval candle and draws a stylized representation of it, offset to the right of the current bar. The candle body and wicks are colored according to whether the interval candle closed bullishly (green) or bearishly (red). In addition to the candle itself, the indicator displays horizontal dotted lines representing the high, low, and midpoint of the interval candle, along with labels showing their exact values. These labels are dynamically updated as the interval candle changes. Furthermore, the script detects and visualizes breakouts of the interval candle's high or low. When the current price closes above the interval high, a green dashed line and a "Bullish Breakout" label are displayed. Conversely, when the current price closes below the interval low, a red dashed line and a "Bearish Breakout" label are shown. The breakout lines and labels are also dynamically updated. This indicator helps traders easily track the price action of a higher timeframe candle and spot potential breakouts based on that candle's range. The user can configure the time interval to suit their trading needs.
AI Volume Breakout for scalpingPurpose of the Indicator
This script is designed for trading, specifically for scalping, which involves making numerous trades within a very short time frame to take advantage of small price movements. The indicator looks for volume breakouts, which are moments when trading volume significantly increases, potentially signaling the start of a new price movement.
Key Components:
Parameters:
Volume Threshold (volumeThreshold): Determines how much volume must increase from one bar to the next for it to be considered significant. Set at 4.0, meaning volume must quadruplicate for a breakout signal.
Price Change Threshold (priceChangeThreshold): Defines the minimum price change required for a breakout signal. Here, it's 1.5% of the bar's opening price.
SMA Length (smaLength): The period for the Simple Moving Average, which helps confirm the trend direction. Here, it's set to 20.
Cooldown Period (cooldownPeriod): Prevents signals from being too close together, set to 10 bars.
ATR Period (atrPeriod): The period for calculating Average True Range (ATR), used to measure market volatility.
Volatility Threshold (volatilityThreshold): If ATR divided by the close price exceeds this, the market is considered too volatile for trading according to this strategy.
Calculations:
SMA (Simple Moving Average): Used for trend confirmation. A bullish signal is more likely if the price is above this average.
ATR (Average True Range): Measures market volatility. Lower volatility (below the threshold) is preferred for this strategy.
Signal Generation:
The indicator checks if:
Volume has increased significantly (volumeDelta > 0 and volume / volume >= volumeThreshold).
There's enough price change (math.abs(priceDelta / open) >= priceChangeThreshold).
The market isn't too volatile (lowVolatility).
The trend supports the direction of the price change (trendUp for bullish, trendDown for bearish).
If all these conditions are met, it predicts:
1 (Bullish) if conditions suggest buying.
0 (Bearish) if conditions suggest selling.
Cooldown Mechanism:
After a signal, the script waits for a number of bars (cooldownPeriod) before considering another signal to avoid over-trading.
Visual Feedback:
Labels are placed on the chart:
Green label for bullish breakouts below the low price.
Red label for bearish breakouts above the high price.
How to Use:
Entry Points: Look for the labels on your chart to decide when to enter trades.
Risk Management: Since this is for scalping, ensure each trade has tight stop-losses to manage risk due to the quick, small movements.
Market Conditions: This strategy might work best in markets with consistent volume and price changes but not extreme volatility.
Caveats:
This isn't real AI; it's a heuristic based on volume and price. Actual AI would involve machine learning algorithms trained on historical data.
Always backtest any strategy, and consider how it behaves in different market conditions, not just the ones it was designed for.
Inside Bar Breakout/Fakeout with AI Scenarios [Yosiet]Inside Bar Breakout/Fakeout Indicator with Scenarios
The Indicator is a powerful tool for traders looking to identify potential breakout and fakeout opportunities based on inside bar patterns. This indicator combines multiple technical analysis concepts to provide a comprehensive view of market behavior, helping traders make more informed decisions.
Key Features
Inside bar detection with filtering
Breakout and fakeout identification
Three distinct scenario detections
Customizable moving average calculations
Flexible visualization options
Alert conditions for various events
How It Works
The indicator identifies inside bars and filters them based on a maximum number of consecutive inside bars. It then detects breakouts and fakeouts using user-defined parameters. The script also calculates moving averages to determine trend direction.
Three specific scenarios are detected:
Strong breakout followed by a strong reversal
Weak breakout with multiple doji/weak candles
Strong breakout without reversal
These scenarios are visually represented on the chart, allowing traders to quickly identify potential trading opportunities.
How to Use
Apply the indicator to your chart
Adjust the input parameters to suit your trading style
Look for inside bar patterns and subsequent breakouts/fakeouts
Pay attention to the three scenario markers for additional context
Use the alert conditions to stay informed of potential opportunities
[blackcat] L1 Simple Dual Channel Breakout█ OVERVIEW
The script " L1 Simple Dual Channel Breakout" is an indicator designed to plot dual channel breakout bands and their long-term EMAs on a chart. It calculates short-term and long-term moving averages and deviations to establish upper, lower, and middle bands, which traders can use to identify potential breakout opportunities.
█ LOGICAL FRAMEWORK
Structure:
The script is structured into several main sections:
• Input Parameters: The script does not explicitly define input parameters for the user to adjust, but it uses default values for short_term_length (5) and long_term_length (181).
• Calculations: The calculate_dual_channel_breakout function performs the core calculations, including the blast condition, typical price, short-term and long-term moving averages, and dynamic moving averages.
• Plotting: The script plots the short-term bands (upper, lower, and middle) and their long-term EMAs. It also plots conditional line breaks when the short-term bands cross the long-term EMAs.
Flow of Data and Logic:
1 — The script starts by defining the calculate_dual_channel_breakout function.
2 — Inside the function, it calculates various moving averages and deviations based on the input prices and lengths.
3 — The function returns the calculated bands and EMAs.
4 — The script then calls this function with predefined lengths and plots the resulting bands and EMAs on the chart.
5 — Conditional plots are added to highlight breakouts when the short-term bands cross the long-term EMAs.
█ CUSTOM FUNCTIONS
The script defines one custom function:
• calculate_dual_channel_breakout(close_price, high_price, low_price, short_term_length, long_term_length): This function calculates the short-term and long-term bands and EMAs. It takes five parameters: close_price, high_price, low_price, short_term_length, and long_term_length. It returns an array containing the upper band, lower band, middle band, long-term upper EMA, long-term lower EMA, and long-term middle EMA.
█ KEY POINTS AND TECHNIQUES
• Typical Price Calculation: The script uses a modified typical price calculation (2 * close_price + high_price + low_price) / 4 instead of the standard (high_price + low_price + close_price) / 3.
• Short-term and Long-term Bands: The script calculates short-term bands using a simple moving average (SMA) of the typical price and long-term bands using a relative moving average (RMA) of the close price.
• Conditional Plotting: The script uses conditional plotting to highlight breakouts when the short-term bands cross the long-term EMAs, enhancing visual identification of trading signals.
• EMA for Long-term Trends: The use of Exponential Moving Averages (EMAs) for long-term bands helps in smoothing out short-term fluctuations and focusing on long-term trends.
█ EXTENDED KNOWLEDGE AND APPLICATIONS
• Modifications: Users can add input parameters to allow customization of short_term_length and long_term_length, making the indicator more flexible.
• Enhancements: The script could be extended to include alerts for breakout conditions, providing traders with real-time notifications.
• Alternative Bands: Users might experiment with different types of moving averages (e.g., WMA, HMA) for the short-term and long-term bands to see if they yield better results.
• Additional Indicators: Combining this indicator with other technical indicators (e.g., RSI, MACD) could provide a more comprehensive trading strategy.
• Backtesting: Users can backtest the strategy using Pine Script's strategy functions to evaluate its performance over historical data.
Consolidation Range Detector [Pt]█ Author's Note:
After extensively reviewing the existing consolidation detection tools in the TradingView library, I found that none fully met my expectations. Some tools were overly sensitive, producing too many invalid ranges, while others lacked the necessary sensitivity. Consequently, I decided to develop my own tool. I hope that you, fellow traders, find it valuable and enjoy using it.
█ Description:
The Consolidation Range Detector is a sophisticated TradingView tool designed to identify and visualize periods of price consolidation on any financial chart. This indicator employs advanced algorithms to detect ranges where price movements are confined, helping traders spot potential breakout zones and make informed trading decisions.
█ Key Features:
► Customizable Detection Sensitivity: Adjust the sensitivity of the detection algorithm to suit your trading strategy, ensuring a precise fit within the consolidation range.
► Dynamic Coloring: Choose between random or fixed colors for the consolidation ranges, with options to match different background color schemes (Dark, Light, Neutral).
► Visual Clarity: Highlight detected consolidation ranges directly on the chart with customizable color schemes to enhance visibility and provide clear visual cues.
► ATR-Based Validation: Ensures detected consolidation ranges are significant and reliable by using the Average True Range (ATR) for validation.
█ User-Defined Inputs:
► Minimum Detection Bars: Set the minimum number of bars required to detect a consolidation range.
► Max Range Multiplier: Define the maximum range for detection as a multiple of the ATR.
► Detection Sensitivity: Adjust the sensitivity of the detection algorithm. Higher values mean a tighter fit within the consolidation range.
► Color Options: Choose the color for the consolidation range boxes and decide whether to use random colors.
► Color Scheme (Background): Select a color scheme for the chart background (Dark, Light, Neutral).
█ How It Works:
► Range Detection: The indicator scans the chart for potential consolidation ranges based on user-defined parameters. It calculates the average price and ATR to determine the significance of the range.
► Validation: Each detected range is validated based on criteria such as ATR threshold, range validity, average price comparison, and the number of touches at the range boundaries.
► Visualization: Validated ranges are highlighted on the chart with colored boxes, providing a clear visual cue of potential consolidation zones.
█ Usage Examples:
► Example 1:
The image below showcases the Consolidation Range Detector in action on a chart of S&P 500 E-mini Futures. The indicator highlights several consolidation ranges with different colors, demonstrating its ability to adapt to varying market conditions and visually emphasize key areas of price consolidation. The annotations for breakouts and price reactions are manually marked to illustrate the practical application of the tool in identifying potential trading opportunities based on these key areas.
█ Practical Applications:
► Identify Breakout Zones: Use the detected consolidation ranges to identify potential breakout zones, helping to anticipate significant price movements.
► Identify Key Price Levels: The tool helps in pinpointing key price levels where there is a high probability of significant price reactions, providing crucial insights for trading strategies.
► Enhance Technical Analysis: Integrate the Consolidation Range Detector into your existing technical analysis toolkit to improve the accuracy of your trading decisions.
█ Conclusion:
The Consolidation Range Detector is a powerful tool for traders looking to identify periods of price consolidation and potential breakout zones. With its customizable settings and advanced detection algorithms, it provides a reliable and visual method to enhance your trading strategy. Whether you're a beginner or an experienced trader, this indicator can add significant value to your technical analysis.
█ Cautionary Note:
While the Consolidation Range Detector is a powerful tool, it's important to combine it with other indicators and analysis methods for comprehensive trading decisions. Always consider market context and external factors when interpreting detected consolidation ranges.
Half Cup [LuxAlgo]The Half Cup indicator detects and displays patterns with the shape of a Half Cup , initiating a channel. From this channel, breakouts are detected and highlighted with dots.
Users can control the shape of the Half Cup and the channel length through various settings.
Do note that the displayed half cups are displayed retrospectively, making them subject to backpainting.
🔶 USAGE
The idea behind the indicator is derived from the Cup & Handle pattern, which requires waiting for the pattern full completion.
Our Half Cup publication aims to find opportunities when the potential cup is only formed halfway.
In this example, a green dot shows the first breakout of the upper channel extremity. A few bars later, the price went under it, after which it returned above, triggering a second green dot. Both triggers were good opportunities in this case, and the price rose afterward.
The Half Cup pattern can be the start of a potential complete Cup & Handle (As in the example above, a complete Cup pattern (without the Handle ) is shown, manually drawn with dashed lines).
Every green/red dot, whether on a bullish or bearish pattern, points to a breakout respectively above/below the channel.
Besides drawing patterns and the corresponding breakouts, the Half Cup indicator can also provide insights into trends and potential opportunities in the long run.
🔶 DETAILS
🔹 Validation
Several criteria must be fulfilled before a visible pattern on the chart is drawn.
Calculations are done beforehand to know where the Half Cup pattern would be positioned.
The pattern's bottom and top edges are checked for the number of bars whose closing price is outside the half-cup area. When the number of breakouts above/below is equal to or lower than the user-defined settings ( Max % Breaks Top/Bottom ), the pattern is drawn together with a brighter-colored channel next to it.
Dots highlighting the channel's breakout can be drawn from that moment until the end of both channel lines.
🔹 Positioning
Users can adjust the following settings to fit their needs:
% Broadness: Moves the Top/Bottom line (bullish or bearish) diagonally upwards/downwards.
Vertical Shift: Shifts the entire pattern up/down.
Channel Length: Sets the line length of the channel.
Note that adjusting the position of the pattern will change the validation; the script will be rerun to check if patterns are still valid or if new patterns can be drawn. Some patterns may disappear, while new ones may appear.
Before adjusting the position, the user can set Max % Breaks Top/Bottom at 100%. When the positioning is set, Max % Breaks Top/Bottom can be set as desired.
🔹 Updated Drawings
The Half Cup pattern is always drawn retrospectively (that is it is subject to backpainting), the channel is drawn from the bar from where the pattern is detected. Every breakout of the channel will remain visible as dots.
When a new swing high/low is found while the previous swing low/high remains the same, the pattern is updated to minimize clutter. The dots of earlier drawings will remain visible (to ensure no repainting occurs), but the color becomes faded, as such bright dots are associated with patterns that are visible on the chart, while faded dots are from removed/updated patterns.
🔶 SETTINGS
Swing Length: Period used for the swing detection, with higher values returning longer-term Swing Levels.
🔹 Validation
Max % Breaks Bottom: Allowed maximum amount of bars where the closing price is below the bottom of the Half Cup pattern against the total width of the pattern (bars).
Max % Breaks Top: Allowed maximum amount of bars where the closing price is above the top of the Half Cup pattern against the total width of the pattern (bars).
🔹 Positioning
% Broadness: Moves the Top/Bottom line (bullish or bearish) diagonally upwards/downwards.
Vertical Shift: Shifts the entire pattern up/down.
Channel Length: Sets the line length of the channel.
Pivot Points Level [TradingFinder] 4 Methods + Reversal lines🔵 Introduction
"Pivot Points" are places on the price chart where buyers and sellers are most active. Pivot points are calculated based on the previous day's price data and serve as reference points for traders to make decisions.
Types of Pivot Points :
Floor
Woodie
Camarilla
Fibonacci
🟣 Floor Pivot Points
Floor pivot points are widely used in technical analysis. The central pivot point (PP) serves as the main level of support or resistance, indicating the potential direction of the trend.
The first to third levels of resistance (R1, R2, R3) and support (S1, S2, S3) provide additional signals for potential trend reversals or continuations.
Floor Pivot Points Formula :
Pivot Point (PP): (H + L + C) / 3
First Resistance (R1): (2 * P) - L
Second Resistance (R2): P + H - L
Third Resistance (R3): H + 2 * (P - L)
First Support (S1): (2 * P) - H
Second Support (S2): P - H + L
Third Support (S3): L - 2 * (H - P)
🟣 Camarilla Pivot Points
Camarilla pivot points include eight levels that closely align with support and resistance. These points are particularly useful for setting stop-loss and profit targets.
Camarilla Pivot Points Formula :
Fourth Resistance (R4): (H - L) * 1.1 / 2 + C
Third Resistance (R3): (H - L) * 1.1 / 4 + C
Second Resistance (R2): (H - L) * 1.1 / 6 + C
First Resistance (R1): (H - L) * 1.1 / 12 + C
First Support (S1): C - (H - L) * 1.1 / 12
Second Support (S2): C - (H - L) * 1.1 / 6
Third Support (S3): C - (H - L) * 1.1 / 4
Fourth Support (S4): C - (H - L) * 1.1 / 2
🟣 Woodie Pivot Points
Woodie pivot points are similar to floor pivot points but place more emphasis on the closing price. This method often results in different pivot levels than the floor method.
Woodie Pivot Points Formula :
Pivot Point (PP): (H + L + 2 * C) / 4
First Resistance (R1): (2 * P) - L
Second Resistance (R2): P + H - L
First Support (S1): (2 * P) - H
Second Support (S2): P - H + L
🟣 Fibonacci Pivot Points
Fibonacci pivot points use the standard floor pivot points and then apply Fibonacci retracement levels to the range of the previous trading period. The common retracement levels used are 38.2%, 61.8%, and 100%.
Fibonacci Pivot Points Formula :
Pivot Point (PP): (H + L + C) / 3
Third Resistance (R3): PP + ((H - L) * 1.000)
Second Resistance (R2): PP + ((H - L) * 0.618)
First Resistance (R1): PP + ((H - L) * 0.382)
First Support (S1): PP - ((H - L) * 0.382)
Second Support (S2): PP - ((H - L) * 0.618)
Third Support (S3): PP - ((H - L) * 1.000)
These pivot point calculations help traders identify potential support and resistance levels, enabling more informed decision-making in their trading strategies.
🔵 How to Use
🟣 Two Methods for Trading Pivot Points
There are two primary methods for trading pivot points: trading with "pivot point breakouts" and trading with "price reversals."
🟣 Pivot Point Breakout
A breakout through pivot lines provides a significant signal to the trader, indicating a change in market sentiment. When an upward breakout occurs and the price crosses these lines, a trader can enter a long position and place their stop-loss below the pivot point (P).
Similarly, if a downward breakout happens, a short order can be placed below the pivot point.
When trading with pivot point breakouts, if the upward trend breaks, the first and second support levels can be the trader's profit targets. In a downward trend, the first and second resistance levels will serve this role.
🟣 Price Reversal
Another method for trading pivot points is waiting for the price to reverse from the support and resistance levels. To execute this strategy, one should trade in the opposite direction of the trend as the price reverses from the pivot point.
It's worth noting that although traders use this tool in higher time frames, it yields better results in shorter time frames such as one-hour, 30-minute, and 15-minute intervals.
Support and Resistance with Signals [UAlgo]🔶 Description:
"Support and Resistance with Signals ", is designed to identify key support and resistance levels on a trading chart while also signaling potential retests (denoted as "R") and breakouts (denoted as "B"). The indicator dynamically plots support and resistance lines based on pivot points and adjusts them according to price action and sensitivity settings. It aims to assist traders in identifying significant price levels and potential reversal or breakout opportunities.
🔶 Key Features:
Pivot Points: The indicator calculates pivot highs and pivot lows based on a specified period length (Checks Left and Right bars). Adjust the length of the pivot period to control the sensitivity of support and resistance levels according to the your preferences.
Support and Resistance Lines: It plots support and resistance lines at the pivot high and pivot low points, respectively.
Retest and Breakout Signals: Signals are generated based on the sensitivity setting, which adds/subtracts a portion (half) of the Average True Range (ATR) to the pivot points. A retest signal ("R") is generated when the price approaches the support or resistance level within the sensitivity range. A breakout signal ("B") is generated when the price surpasses the support or resistance level.
Sensitivity (ATR Length): Modify the retest-breakout sensitivity length to fine-tune the generation of signals based on price volatility.
Maximum Lines : Limit the number of support and resistance lines displayed on the chart for clarity.
Line Colors and Width: Customize the colors and width of support and resistance lines for better visualization.
More Examples:
Before Retest Signal:
When the price enters the retest range at the specified sensitivity:
Disclaimer:
This indicator is provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and users should conduct their own research and analysis before making any investment decisions. The retest and breakout signals generated by this indicator are based on historical price data and may not guarantee future results. Users should exercise caution and use additional confirmation methods before entering any trades based on the signals provided by this indicator.
Happy Trading !
Smart Support & Resistance(My goal creating this indicator): Provide a way to categorize and label key structures on multiple different levels so I can create a plan based on those observable facts.
The Underlying Concept / What is Momentum?
Momentum indicates transaction pressure. If the algorithm detects price is going up, that would be considered positive momentum. If the algorithm detects price is going down negative momentum would be detected.
The Momentum shown is derived from a price action pattern. Unlike my previous Support & Resistance indicator that used Super Trend, this indicator uses a unique pattern I created. On the first bar bearish momentum is detected a resistance Level is made at the highest point of the previous bullish condition. On the first bar bullish momentum is detected a support Level is made at the lowest point of the previous bearish condition. This happens on 5 different Momentum Levels, (short-term to long-term). I currently use this pattern to trade so the source code is protected.
What is Severity?
Severity is How we differentiate the importance of different Highs and Lows. If Momentum is detected on a higher level the Supply or Demand Level is updated. The Color and Size representing that Level will be shown. Demand and Supply Levels made by higher levels are more SEVERE than a demand level made by a lower level.
Technical Inputs
- to ensure the correct calculation of Support and Resistance levels change BAR_INDEX. BAR_INDEX creates a buffer at the start of the chart. For example: If you set BAR_INDEX to 300. The script will wait for 300 bars to elapse on the current chart before running. This allows the script more time to gather data. Which is needed in order for our dynamic lookback length to never return an error (Dynamic lookback length can't be negative or zero). The lower the timeframe the greater the number of bars need. For Example, if I open up a 1min chart I would enter 5000 as my BAR_INDEX since that will provide enough data to ensure the correct calculation of Support and Resistance levels. If I was on a daily chart, I would enter a lower number such as 800. Don't be afraid to play around with this.
- Toggle options (Close) or (High & Low) creates Support and Resistance Levels using the Lowest close and Highest close or using the Lowest low and Highest high.
Level Inputs
- The indicator has 5 Different Levels indicating SEVEREITY of a Supply and Demand Levels. The higher the Level the more SEVERE the Level.
Display Inputs
- You have the option to customize the Length, Width, Line Style, and Colors of all 5 different
- This indicator includes a Trend Chart. To Easily verify the current trend of any displayed by this indicator toggle on Chart On/Off. You also get the option to change the Chart Position and the size of the Trend Chart
How Trend Is being Determined?
(Close > Current Supply Level) if this statement is true technically price made a HH, so the trend is bullish.
(Close < Current Demand Level) if this statement is true technically price made a LL, so the trend is bearish.
- Fully customize how you display Market Structure on different levels. Line Length, Line Width, Line Style, and Line color can all be customized.
How it can be used?
(Examples of Different ways you can use this indicator): Easily categorize the severity of each and every Supply or Demand Level in the market (The higher Level the stronger the level)
: Quickly Determine the trend of any Level.
: Get a consistent view of a market and how different Levels are behaving but just use one chart.
: Take the discretion from hand drawing support and resistance lines out of your trading.
: Find and categorize strong levels for potential breakouts.
: Trend Analysis, use Levels to create a narrative based on observable facts from these Levels.
: Different Targets to take money off the table.
: Use Severity to differentiate between different trend line setups.
: Find Great places to move your stop loss too.
Range DetectionThis is a simple indicator to find the sideways market or ranging market.
It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time.
So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New range is created only when new candles close above or below previous major candles high or low.
Fishing The Trend - Setup Classic v7.5.5FTT Classic v7.5.5
HOW Does it work ?
It is the classic version of Fishing The Trend-Setup for ease of trading & for getting the most from the market.
i.e. Combining the most useful indicators and making a whole setup under one roof...
FTT Classic comprises of following --
* IntraDay Range.
* Fishing The Trend.
* Custom VWAP.
* Baseband for Trend.
* Trendlines.
* Support & Resistance Lines.
* BreakOut Area.
* Technical Analysis table.
* Custom alerts.
1) HOW Does Intraday Range work ?
# For calculating the average most probable range for any symbol, it plots two areas - higher range and a lower range.
# This indicator is on - as default.
# Upper and Lower areas act as support and resistance, user may see a reversal in trend from these areas.
# If the price breaks these bands, breakout be considered.
# These bands are calculated by averaging the previous x number of days' high and low of the security.
3) HOW Does Fishing The Trend work ?
# When the market trend may try to reverse, the first signal/label will come showing Stop loss figure, and then if the trend reversal is confirmed, the supporting triangle in the next opening price will be placed at upper or lower side. along with these
there is a trailing stop-loss line, which will help user to trail their profits in-live.
# The CE-PE can be seen through the table with date and time.
# 2nd table also can be placed below the first one, showing the CE-PE Values for different symbol.
# Signals can be controlled by more or less as optioned in the settings.
# CE-PE strike price can be selected from ATM - ITM - OTM.
4) HOW Does Custom VWAP work ?
# VWAP will be placed having a line and current price of VWAP.
# One can have vwap in index chart also, the colour changes as the market goes above or below vwap or at vwap.
5) HOW Does Baseband for Trend work ?
# Baseband will be plotted for least 2 days on 3 min and gradually increases on increase of timeframe.
# If the market is above band, we may consider it a positive side and if market is below it, we may consider a negative side.
# Type 1 band is for trending market and type 2 is for rangebound market.
# Colour intensity also changes as market picks-up momentum or leaves momentum.
6) HOW Does Trendlines work ?
# Most nearest to most touching trendlines are placed for better understanding the trend.
# Easy to understand with the help of colour combinations.
7) HOW Does Support & Resistance Lines work ?
# The support & resistance lines will be drawn when market movement slows down or momentum decrease.
# The Support lines becomes resistance when market falls below it, and vice-versa for other conditions.
# Range development can be easily detected and can be used as range breakout for better understanding the market.
8) HOW Does BreakOut Area work ?
# Market Consolidates at most of the time, where the bulls and bears fight becomes more aggressive, at this point
of time the area will be formed or area will be formed when market trend reverses suddenly, leaving behind the previous
breakout area.
# Ease of trend reversal, previous supports / resistances can be seen easily.
9) HOW Does Technical Analysis table work ?
# There will be RSI displayed and for the better range detection, range area with price can be seen.
# The GAP of the opening market is seen with gap points (Down or Up)
10) HOW Does Custom alerts work ?
# Alerts can enabled for the CE-PE Strike Price through alerts management from Tradingview.
# Alerts can also be set when the Traffic Signal Comes.
Where to use?
# If the chart is of Index or equity, extended trading hours to be selected, time shall be exchange.
# Indicator wont work on timeframes lower than minutes or higher than or equal to day.
# can be used in every type of market.
# Extended to be selected for Index or Equities/Stocks, Regular be selected for futures, etc.
# At every part / portion the tooltip is placed showing the quick reference for that option.
# The main use of this indicator is quick scalping and Intra-day trading.
# Colour Theme can be selected if the chart theme is dark or light.
# The indicator shows a very useful option for early detection of the ongoing trend whether there will be reversal of trend or not ? Stop Loss - That should be done by following ones risk appetite, Ideally the High of the Previous Candle should be the stop loss for the Long / Short but everyone has their own Risk Management Strategies based on the capital deployed.
How to Take entry ?
# Time Frame shall be more than 2 min and less than day for better outcome.
# If buy signal comes and the market is below the baseband then wait for the market to cross and close above the baseband, also look for the immediate support or resistances which are seen in chart and those nearby the current signal.
# The data for the indicator will be very restricted, most of the parts in indicator wont work when the market closes.
# Pre-Opening or Post -Market data is tried to be ignored.
# Utmost Care is taken to implement the suggestions of users and also tried to keep the chart neat and clean.
** N.B.:- There may be cases where warning may come during setting the alert, this because
of alert conditions are taken ONLY when the current candle is CLOSED, real-time alerts are
considered as not feasible to get it.
Disclaimer
# The indicator to be used for understanding / learning the markets.
# User is responsible for his / her profits/losses, that may occur during the markets.
Signs [SignalCave]Swings, Engulfs, Golden & Death Crosses, Price Squeezes, Pullbacks, Breakout & Breakdowns, Volume Rushes
A swing low is when price makes a low and is immediately followed by consecutive higher lows. Likewise, a swing high is when price makes a high and is followed by consecutive lower highs.
Swing Failure Pattern (SFP) is a type of reversal pattern that can be used as buy or sell signals.
Engulfing candles tend to signal a reversal of the current trend in the market. This specific pattern involves two candles with the latter candle 'engulfing' the entire body of the candle before it.
On this indicator, bullish engulfs visible only on downtrend and oversold conditions. Bearish engulfs visible only on uptrend and overbought conditions.
The death cross and golden cross are technical analysis terms for when a moving average (MA) intersects with another from either above or below.
The cross, depending on which it is, can signal the start of a new trend or the end of one.
Squeeze signs signifies low volatility, market preparing itself for an explosive move up or down direction.
Bullish Pullbacks are widely seen as buying opportunities after an asset has experienced a large upward price movement. Most pullbacks involve an asset's price moving to an area of technical support , such as a moving average, before resuming their uptrend.
Bearish Pullbacks are widely seen as selling opportunities after an asset has experienced a large downward price movement. Most pullbacks involve an asset's price moving to an area of technical resistance , such as a moving average, before resuming their downtrend.
A breakout refers to when the price of an asset moves above a resistance area, breakdown refers to when the price of an asset moves below a support area.
Breakouts/breakdowns indicate the potential for the price to start trending in the breakout direction.
For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher.
Volume rush signs appears when the trading volume increases more then a usual period. It can be useful with combining breakout signals as a confirmation.
Alerts are available for various conditions such as "Bullish/Bearish SFP, New Swing High/Low, Breakout/Breakdown, Bullish/Bearish Engulf, Golden & Death Cross, Bullish/Bearish Pullbacks, Squeeze, Volume Rush"
Type asset name on symbol search area.
Adjust your timeframe that you wish to track.
Click "Create Alert" .
Select one of the condition that you wish to get inform from create alert panel.
Select "Once Per Bar Close" option.
Click "Create" .
Darvas BoxesExcerpt from TraderHQ: "Darvas Box is a great technical analysis indicator, with an interesting background and creator. Nicholas Darvas, a dancer by trade, made $2,000,000 in an 18-month period trading stocks using the Darvas Box method, while traveling the world on dance tours. The method is designed to capture emerging trends, and ride them for big potential profit, all while keeping risk contained."
Excerpt from Investopedia:
DEFINITION of 'Darvas Box Theory'
Darvas box theory is a trading strategy that was developed in 1956 by former ballroom dancer Nicolas Darvas. Darvas' trading technique involves buying into stocks that are trading at new highs. A Darvas box is created when the price of a stock rises above the previous high but falls back to a price not far from that high.
BREAKING DOWN 'Darvas Box Theory'
The Darvas box theory is essentially a momentum strategy. It uses market momentum theory and technical analysis to determine when to enter and exit the market, and it uses fundamental analysis to determine what to buy or sell. If the price breaks out of the box, it is a sign of a breakout. In this way, the Darvas box helps traders determine what price to enter and exit the market.
In 1956, Darvas turned an investment of $10,000 into $2 million over an 18-month period using this theory. While traveling as a dancer, Darvas obtained copies of The Wall Street Journal and Barron's, but he would only look at the stock prices to make his decisions. It has been said that Darvas was less happy about the profits that he made than he was about the ease and peace of mind that he got from implementing his system. Skeptics of Darvas' technique attribute his success to the fact that he was trading in a very bullish market. They also say that his results can't be attained if this technique is used in a bear market.
The Philosophy: What to Buy
The main idea behind Darvas' trading philosophy is to focus on growth industries. These are industries that are expected to outperform the market. Darvas selected a few stocks from these industries and monitored their prices every day. He looked for signs that the stock was ready to make a strong move. The main indicator he used to look for these signs was volume. A significant increase in volume increased the likelihood of a big move. Darvas looked for unusual volume on a handful of companies in industries he expected to grow.
The Trading Strategy: When to Enter and Exit
Once Darvas noticed unusual volume, he created a Darvas box with a narrow price range. The stock's low for the time period presents the floor of the box. The stock's high for the time period represents the ceiling of the box. When the stock breaks through the ceiling of the box, the trader is supposed to buy the stock. Likewise, when the stock goes below the floor of the Darvas box, it is time to sell."
Great trading strategy, and an indicator never before seen on TradingView!
New London Breakout Structure by AleThe "New London Breakout Structure" indicator is designed to identify structural breakout opportunities during the London session.
It combines market structure analysis, Change of Character (CHOCH) detection, and dynamic risk management using ATR.
MAIN FUNCTIONALITY:
• Defines a specific trading window (e.g., 04:00 to 05:00, user-adjustable).
• Identifies trend direction through recent high/low breakouts.
• Detects trend reversals with CHOCH signals.
• Applies filters to avoid very tight ranges.
• Calculates Stop Loss (SL) and Take Profit (TP) using ATR and a customizable Risk/Reward ratio.
• Visually displays entry levels, SL, TP, and the active session period on the chart.
HOW TO USE:
1. Set your desired session start and end times according to your time zone.
2. Adjust ATR length, multiplier, and R:R to match your risk profile.
3. Enable alerts to receive notifications when entry conditions are met.
RECOMMENDATIONS:
• Designed for currency pairs and high-liquidity assets.
• Works best on lower timeframes (1m to 15m) during the London session.
• This is an original, closed-source script with no third-party code reuse.
Note: The visual elements (lines and labels) are intended to help identify key zones and signals generated by the system.
Turtle Body Setup by TradeTech AnalysisOverview
Turtle Body Setup is a minimalist, rules-based pattern detector built around a simple idea: a sequence of shrinking candle bodies (compression) often precedes a directional expansion (breakout). The script identifies those compression phases and then flags the first candle whose body expands significantly beyond the recent average, with polarity taken from the candle’s direction.
This is not a mash-up of many public indicators. It focuses on one original micro-structure concept: strict body-contraction → body-expansion . The logic is fully described below so traders and moderators can understand what it does and how to use it.
How it Works
1. Compression detection (body contraction):
• Over a user-defined window Compression Lookback (N), the script counts strictly shrinking candle bodies (|close-open|).
• When the count ≥ Min Shrinking Candles, we mark the market as in compression.
2. Expansion / Breakout qualification:
• Compute avgBody = SMA(body, N).
• A candle is a breakout when current body > avgBody × Breakout Body Multiplier.
• Polarity: green (close>open) → Bullish breakout; red (close
ORB Breakout Traffic Signal (5/15/30)ORB Breakout Traffic Signal (5/15/30)
This indicator visualizes Opening Range Breakouts (ORB) for the first 5, 15, and 30 minutes of the US regular trading session (09:30–16:00 ET).
It provides a compact, easy-to-read traffic signal table on your chart to show whether price is breaking out, breaking down, or consolidating inside the range.
🔑 Features
Auto-anchors at 09:30 ET (converted to your local time automatically).
Tracks ORB High/Low for:
5-minute window (09:30–09:34)
15-minute window (09:30–09:44)
30-minute window (09:30–09:59)
Displays results in a compact table:
↑ (green) → price has broken above the ORB high
↓ (red) → price has broken below the ORB low
• (gray) → price remains inside the ORB range (optional; can be disabled)
Customizable:
Toggle which ORBs to show (5m, 15m, 30m)
Choose table position (top/bottom left/right)
Adjustable text size
Option to plot the ORB High/Low lines on your chart
📌 Usage
Designed for intraday traders watching US equities/ETFs/futures.
Works best on 1-minute or 5-minute charts with Extended Hours turned OFF (so the session starts exactly at 09:30 ET).
Helps you quickly spot early breakouts (5m), mid-session trends (15m), or confirmed directional moves (30m).
⚠️ Notes
Signals only update during the RTH session
Outside market hours, the last locked ORB and signal remain displayed until the next open.
This tool is for analysis/visualization only; not a buy/sell signal. Always combine with your own trading strategy and risk management.
👉 Perfect for traders who want a quick visual confirmation of whether price is breaking out of the opening range or stuck inside it.
Crypto Breakout Buy/Sell Sequence
⚙️ Components & Sequence Multiple Timeframe (What It Does)
1. Bollinger Bands – Form the foundation by measuring volatility and creating the dynamic range where squeezes and breakouts occur.
2. Squeeze Dots – Show when price compresses inside the bands, signaling reduced volatility before expansion.
3. Breakout Event (Brk Dot) – Fires when price expands beyond the squeeze zone, confirming volatility expansion. (This paints Intra, before candle close)
4. Buy Signal – Confirms entry after a breakout is validated. (This paints at candle close)
5. Pump Signal – Flags sudden surges that extend sharply from the bands, often linked to strong inflows.
6. Momentum Stream – Tracks the strength of movement following the breakout, from continuation (🟢) to slowing (🟡) to exhaustion (🔴). (Resets at Pump Signal)
7. Overbought Indicator – Confirms when momentum has reached overheated conditions, often aligning with band extremes.
8. Sell Signal – Prints when exhaustion/reversal conditions are met, closing the trade cycle.
The Crypto Breakout Buy/Sell Sequence is a no-repaint event indicator that maps a full trade cycle using Bollinger-band-based volatility states: Bollinger Bands → Squeeze → Breakout → Buy → Pump → Momentum → Top Test → Overbought → Sell. Each stage is rule-based and designed to be read on standard candlesticks.
How It Works (System Logic)
Volatility framework: Bollinger Bands define dynamic range and compression/expansion.
Initiation: Squeeze → Breakout confirms expansion; Buy validates participation after expansion begins.
Management: Pump highlights unusual acceleration; Momentum stream tracks continuation → slowing → exhaustion.
Exhaustion/Exit: Top Testing + Overbought build the exhaustion case; Sell marks the sequence end.
How To Use (Quick Guide)
Wait for Squeeze → Breakout → Buy to establish a structured start.
Manage with Momentum:
🟢 continuation, 🟡 slowing, 🔴 exhaustion pressure.
Monitor extremes: Top Testing and/or Overbought = tighten risk.
Exit on Sell or on your risk rules when exhaustion builds.
Limitations & Good Practice
Signals reflect price/volatility behavior, not certainty.
Strong trends can remain extended; Overbought/Top Test ≠ instant reversal.
Always confirm with your own risk rules, position sizing, and market context.
Initial public release: integrated Squeeze/Breakout/Buy → Momentum → Exhaustion → Sell cycle; improved label clarity; cleaned defaults.
Disclaimer
For educational purposes only. Not financial advice. Past performance does not guarantee future results. Test before live use.
Thank You
iFVGs & Breakout DetectorThis indicator by Quantel enhances the classic Fair Value Gap (FVG) and Inversion FVG concept with automated detection, visualization, and breakout tracking.
Plots Bullish/Bearish FVGs and Inversion FVGs with customizable mitigation levels (Proximal, 50% OB, Distal).
Applies an advanced filtering system (Aggressive → Very Defensive) to refine valid zones.
Highlights potential trade opportunities when price decisively breaks an FVG boundary using ATR-based confirmation.
Displays visual breakout triangles to mark bullish or bearish breakouts.
Includes smart color themes (Light/Dark/Off) and full alert integration for automated trading or notifications.
With its combination of institutional concepts and robust filtering, this tool helps traders identify high-probability supply/demand imbalances, monitor valid trading zones, and catch breakout confirmations in real time.
PDH/PDL Breakout—Anchored Ghost Targets + (Truth Table)What this does (integrated purpose—not a mashup):
This tool implements a “prove-it” breakout framework around prior-day levels. It (1) anchors Previous Day High/Low (PDH/PDL) to RTH, (2) reveals anchored ghost targets only after price proves itself beyond PDH/PDL, and (3) confirms direction using a 3-consecutive-closes rule. A compact Truth Table summarizes regime: Control Line, PDH/PDL position, and a microstructure-based composite trend score. Everything is designed to work together to filter fake breaks and provide objective upside/downside targets.
How it works (math/logic in plain English):
Prior-day levels (no repaint):
Pulls High, Low, Close of the previous day and extends PDH/PDL through today’s RTH session. (Daily values are read from the prior bar so signals don’t look ahead.)
Session scoping:
RTH is 09:30–16:00 ET. The script resets at 09:30, pre-creates all lines to the 16:00 session end, and confines triggers to RTH context.
Ghost target packs (original piece):
Compute classic pivot set from prior day:
P = (H+L+C) / 3, R1 = 2P − L, S1 = 2P−H
Create one full range-shift above and below the prior day:
range=H−L.
Add Fib overlays (0.382) around P/R1/S1 to form the pack.
Anchoring rule: packs are shifted so the upper pack never dips below PDH and the lower pack never rises above PDL. This prevents visual crossing with PDH/PDL and keeps targets clean after a confirmed break. Packs stay hidden until price proves itself (see next point).
Directional “prove-it” trigger:
You only get a signal after an actual cross of PDH/PDL followed by N consecutive RTH closes beyond that level (default 3; user input).
• Long: crossover above PDH → then 3 closes > PDH → one-bar pulse + optional alert.
• Short: crossunder below PDL → then 3 closes < PDL → one-bar pulse + optional alert.
After the first qualified trigger each session, bars beyond the level get a subtle Neo candle style so breakouts are visually distinct.
Truth Table (integration, not decoration):
Control Line = a smoothed multi-EMA control band (we expose a single “control line” derived from it),
PDH/PDL position (above, below, or inside),
Composite Trend = non-lag microstructure score combining: close-location value, thrust, wick imbalance, range-expansion direction, and HH/HL vs LL/LH structure (all summed over a short causal window).
Header colors use majority vote across those three rows so you see regime at a glance. This is used to interpret breaks and avoid chasing noise.
How to use it (practical workflow):
On equities during RTH, watch PDH/PDL.
When a break occurs, wait for the 3-close confirmation—that’s your “prove-it” trigger.
Upon trigger, the corresponding ghost pack becomes visible and provides objective intraday targets (pack lines + dashed Fib lines).
Use the Truth Table to sanity-check regime (e.g., bullish majority + PDH break = higher-confidence continuation).
Inputs & alerts:
Consecutive closes required (default 3).
Show Truth Table (on/off).
EMA ribbon/control line (on/off).
Alerts: “Bullish Trigger” and “Bearish Trigger” fire on the one-bar pulses right when confirmation completes.
Notes & limitations:
Designed for stocks using 09:30–16:00 ET. On 24/7 markets (e.g., crypto) RTH logic isn’t applicable.
Prior-day values are fixed from the daily timeframe, so the logic does not repaint.
The “Neo” candle styling is post-trigger only to keep earlier bars clean.
Why this is original/useful:
This is a single, integrated framework: anchored ghost targets (with a non-crossing constraint), prove-it confirmation (3-close rule), and a non-lag composite microstructure score summarized in a Truth Table. The components are purpose-built to work together to reduce false breakouts and supply clean, objective targets after confirmation—this is not a cosmetic mashup.
Educational note: Not financial advice. Test before use.
