OPEN-SOURCE SCRIPT
Volatility Break + Trend Bias Scalper [Enhanced Visuals]
Volatility Break + Trend Bias Scalper \[Enhanced Visuals]
Overview
This strategy is designed to help traders catch high-probability breakout moves by combining real-time volatility surges with higher timeframe trend confirmation. It is particularly useful in markets like AAPL, BTC, NASDAQ, and Forex pairs where volatility and momentum often occur in bursts.
📈 Strategy Logic
🎯 1. Volatility Spike Detection
The core entry trigger is based on identifying sudden ATR-based volatility bursts:
* ATR(7) is compared to its EMA(14) smoothing.
* A volatility spike is confirmed when ATR exceeds `1.5x` the smoothed ATR.
This helps avoid entering during sideways price action and focuses only on explosive breakouts.
🧭 2. Higher Timeframe Trend Filter
To improve signal quality, the strategy checks the EMA(200) slope from a higher timeframe (e.g., 15min while trading on 3/5/45min charts):
* Bullish trend: EMA rising
* Bearish trend: EMA falling
This ensures we only trade in the direction of larger momentum.
🧠 3. Structure Break Entry
A simple but effective price action confirmation:
* Long: Close > highest close of the last 2 candles
* Short: Close < lowest close of the last 2 candles
This avoids "fake" moves and choppy zones.
🎛️ 4. Risk/Reward and Exit Logic
* Take Profit (TP) = 1.5× ATR (configurable)
* Stop Loss (SL) = 1.0× ATR (configurable)
* You can adjust this for more aggressive or conservative setups.
✅ All exits are calculated dynamically using the current ATR at trade entry.
🖥️ Visual Enhancements
This version includes:
✅ Signal markers (🔴 for Short, 🟢 for Long)
✅ Trend-colored background zones
✅ TP/SL lines drawn on chart
✅ Toggle options to enable/disable labels and TP/SL lines
These visuals help traders quickly validate signals, backtest more effectively, and share setups with clarity.
🧪 Backtest Settings
* Position Size: 1% of equity
* Commission: 0
* Slippage: Assumed minimal
* Recommended Markets: AAPL (45m), BTCUSD (5m–15m), NAS100 (15m), EUR/USD (5m)
> You can tune the strategy further using `PineScriptsAI`.
⚠️ Disclaimer
This strategy is for **educational purposes only**. It does **not constitute financial advice** or guarantees of profitability. Backtest results may vary across assets, timeframes, and market conditions.
Always validate with forward testing and sound risk management.
🔗 Built With Help From PineScriptsAI
Want to build your own version or add:
* Time filters (e.g., NY or London session)?
* Multi-take-profits or trailing stop?
* Auto alert bots to Telegram/Discord?
Overview
This strategy is designed to help traders catch high-probability breakout moves by combining real-time volatility surges with higher timeframe trend confirmation. It is particularly useful in markets like AAPL, BTC, NASDAQ, and Forex pairs where volatility and momentum often occur in bursts.
📈 Strategy Logic
🎯 1. Volatility Spike Detection
The core entry trigger is based on identifying sudden ATR-based volatility bursts:
* ATR(7) is compared to its EMA(14) smoothing.
* A volatility spike is confirmed when ATR exceeds `1.5x` the smoothed ATR.
This helps avoid entering during sideways price action and focuses only on explosive breakouts.
🧭 2. Higher Timeframe Trend Filter
To improve signal quality, the strategy checks the EMA(200) slope from a higher timeframe (e.g., 15min while trading on 3/5/45min charts):
* Bullish trend: EMA rising
* Bearish trend: EMA falling
This ensures we only trade in the direction of larger momentum.
🧠 3. Structure Break Entry
A simple but effective price action confirmation:
* Long: Close > highest close of the last 2 candles
* Short: Close < lowest close of the last 2 candles
This avoids "fake" moves and choppy zones.
🎛️ 4. Risk/Reward and Exit Logic
* Take Profit (TP) = 1.5× ATR (configurable)
* Stop Loss (SL) = 1.0× ATR (configurable)
* You can adjust this for more aggressive or conservative setups.
✅ All exits are calculated dynamically using the current ATR at trade entry.
🖥️ Visual Enhancements
This version includes:
✅ Signal markers (🔴 for Short, 🟢 for Long)
✅ Trend-colored background zones
✅ TP/SL lines drawn on chart
✅ Toggle options to enable/disable labels and TP/SL lines
These visuals help traders quickly validate signals, backtest more effectively, and share setups with clarity.
🧪 Backtest Settings
* Position Size: 1% of equity
* Commission: 0
* Slippage: Assumed minimal
* Recommended Markets: AAPL (45m), BTCUSD (5m–15m), NAS100 (15m), EUR/USD (5m)
> You can tune the strategy further using `PineScriptsAI`.
⚠️ Disclaimer
This strategy is for **educational purposes only**. It does **not constitute financial advice** or guarantees of profitability. Backtest results may vary across assets, timeframes, and market conditions.
Always validate with forward testing and sound risk management.
🔗 Built With Help From PineScriptsAI
Want to build your own version or add:
* Time filters (e.g., NY or London session)?
* Multi-take-profits or trailing stop?
* Auto alert bots to Telegram/Discord?
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。