INVITE-ONLY SCRIPT
Fakeouts

What are Fakeouts?
As the name suggests, Fakeouts are breakouts that failed to continue beyond a level, resulting in a ‘false’ breakout. Traders who take long trades on breakout of the resistance level anticipate price to keep going up. A fake breakout (also known as 'Bull Trap') happens when price reverses and starts falling instead of continuing to go up. Similarly, traders who take short trades on the breakdown of the support level anticipate price to keep going down. A fake breakdown (also known as 'Bear Trap') happens when price reverses and starts rising instead of continuing to go down.
At present, the Fakeouts script is meant for identifying fake breakdowns. These are situations where price falls below the support line, but then reverses and starts rising. This will help users to go LONG on such fake breakdowns.
The script identifies breakdowns of the last 40 to 120 candles. The price must close above the high of the breakdown candle within 7 candles of the breakdown to be called a 'fake breakdown'. Users can also set alerts for such fake breakdowns on their chosen scrips. The script works on all timeframes.
The fake breakouts will be added soon to the script.
As the name suggests, Fakeouts are breakouts that failed to continue beyond a level, resulting in a ‘false’ breakout. Traders who take long trades on breakout of the resistance level anticipate price to keep going up. A fake breakout (also known as 'Bull Trap') happens when price reverses and starts falling instead of continuing to go up. Similarly, traders who take short trades on the breakdown of the support level anticipate price to keep going down. A fake breakdown (also known as 'Bear Trap') happens when price reverses and starts rising instead of continuing to go down.
At present, the Fakeouts script is meant for identifying fake breakdowns. These are situations where price falls below the support line, but then reverses and starts rising. This will help users to go LONG on such fake breakdowns.
The script identifies breakdowns of the last 40 to 120 candles. The price must close above the high of the breakdown candle within 7 candles of the breakdown to be called a 'fake breakdown'. Users can also set alerts for such fake breakdowns on their chosen scrips. The script works on all timeframes.
The fake breakouts will be added soon to the script.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡Pro-Setups。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Pro-Setups is meant for Swing and Positional Trading. It is a combination of scripts on TradingView, and a screener Dashboard on web. Whatever you scan on Dashboard, you can see the same on your charts.
For details, please visit pro-setups.com
For details, please visit pro-setups.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡Pro-Setups。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Pro-Setups is meant for Swing and Positional Trading. It is a combination of scripts on TradingView, and a screener Dashboard on web. Whatever you scan on Dashboard, you can see the same on your charts.
For details, please visit pro-setups.com
For details, please visit pro-setups.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。