Sup/Res Levels [QuantVue]Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well.
"B" means break of either a Sup. or Res. level with volume greater than the threshold.
"Bull/Bear Wick" means bullish/bearish candle on break.
Left - number of bars left hand side of the pivot .
Right - number of bars right hand side of the pivot .
Volume Thres. - the threshold value (%) for the Volume.
This indicator is useful to filter our insignificant breaks of sup. or res. Can help trader determine when to sit on their hands, or enter a trade.
在腳本中搜尋"break"
Strategy: Range BreakoutWhat?
In the price action, levels have a significant role to play. Based on the price moving above/below the levels - the underlying instrument shows some price-action in the direction of breakout/breakdown.
There are plenty of ways level can be determined. Levels are the decision point to take a trade or not. But if we make the level derivation complex, then the execution may get hamper.
This strategy script, developed in PineScript v5, is our attempt at solving this problem at the core by providing this simple, yet elegant solution to this problem.
It's essentially an attempt to Trade Simple by drawing logical (horizontal) lines in the chart and take actions, after multiple associated parameters confirmation, on the breakout / breakdown of the levels.
How?
Let us explain how we are drawing the levels.
We are depending on some of the parameters as described below:
Open Range : During intraday movement, often if prices move beyond a particular level, it exibits more movement in the same swing in same direction. We found out, through our back testing for Indian Indices like NSE:NIFTY , NSE:BANKNIFTY or NSE:CNXFINANCE the first 15m (i.e 09:15 AM to 09:30 AM, IST) is one of such range. For Indian stocks, it is 9:15 to 9:45. And for MCX MCX:CRUDEOIL1! it's 5:00 pm to 6:00 pm. There are our first levels.
PDHCL : Previous Day High, Close, Low. This is our next level
VWAP : The rolling VWAP (volume weighted average price)
In the breakout/breakdown of the Open Range and Previous Day High/Low, we are taking the trade decisions as follows using CEST principle:
C onditions :
If current bar's (say you are in 5m timeframe) closing is broken out the Open Range High or Previous Day High, taken a Buy/Long decision (let's say buying a Call Option CE or selling a Put Option PE or buying the future or cash).
If current bar's (say you are in 5m timeframe) closing is broken down the Open Range Low or Previous Day Low, taken a Sell/Short decision (let's say buying a Put Option CE or selling a Call Option PE or selling the future or cash).
Additionally, and optionally (default ON, one can turn off): we are checking various other associated multiple confirmations as follows:
1. Momentum : Checking 14-period RSI value is more than 50 or less than 50 (all parameters like period, OB, OS ranges are configurable through settings)
2. Current bar's volume is more than the last 20 bars volume average. How much more - that multiplier is also configurable. (default is 1)
3. The breakout candle is bullish (green) or bearish (red).
E ntry :
All of these happens only on the closing of the candle . Means: Non Repainting! .
Clearly in the chart we are showing as green up arrow BO (breakout for buy) and red down arrow BD (breakdown for sell) to take your decision process smooth.
So, on the closing of the decision BO/BD candle we are entering the trade (with a thumping heart and nail biting ...)
S top Loss :
We are relying on the time tasted (last 40 years) mechanism of Average True Range (ATR) of default 14 period. This default period is also configurable.
So for Long trades: the 14 period ATR low band is the SL.
For Short trades: the 14 period ATR high band is the SL.
T arget :
We are depending on the thump rule of 1:2 Risk Reward. It's simple and effective. No fancy thing. We are closing the trade on double the favorable price movement compared to the SL placed. Of course, this RR ratio is confiurable from the settings, as usual.
What's Unqiue in it?
The utter simplicity of this trading mechanism. No fancy things like complex chart pattern, OI data, multiple candlestick patterns, Order flow analysis etc.
Simple level determination,
Marking clearly in the chart.
Making each parameter configurable in Settings and showing tooltip adjacent to the parameter to make you understand it better for your customization,
Wait for the candle close, thus eliminating the chances of repainting menace (as much as possible)
Additional momentum and volume check to trade entry confirmation.
Works with normal candlestick (nothing special ones like HA ...)
Showing everything as a Summary Table (which, again can be turned off optionally) overlaying at the bottom-right corner of the chart,
Optionally the Summary Table can be configured to alert you back (say you get it notified in your email or SMS).
That way, a single, simple, effective trade setup will ease your journey as smooth sail as possible.
Mentions
There are plenty of friends from whom time to time we borrowed some of the ideas while working closely together over last one year.
From tradingview community, we took the spirit of @zzzcrypto123 awesome work done long back (in 2020) as the indicator "ORB - Opening Range Breakout". (We tried to reach him for his explicit consent, unable to catch hold of him).
Some other publicly available materials we have consulted to get the additional checks (like RSI, volume).
Lat word
Use it please and thank you for your constant patronage in following us in this awesome platform. Let's keep growing together.
Disclaimer :
This piece of software does not come up with any warrantee or any rights of not changing it over the future course of time.
We are not responsible for any trading/investment decision you are taking out of the outcome of this indicator.
SBS AlgoHello traders, I am here again with a new and improved indicator.
This indicator is based on a pivot breakout algorithm which gives buy and sell signals according to the breakout of trendline. This is an advanced version of another script. It also takes price action into consideration along with some basic indicators like MACD and ADX to give good entry signals.
NOTE: This indicator is not designed to take entries completely based on signals it gives. Please use it along with your trading strategy to add more confluence to your trading system and maximize your profits.
I hope you guys will like this one too .Enjoy 👍
In case you find any bug, please do report in comment section .Thank you.
Rob Booker - ADX Breakout updated to pinescript V5Rob Booker - ADX Breakout. The strategy remains unchanged but the code has been updated to pinescript V5. This enables compatibility with all new Tradingview features. Additonally, indicators have been made more easily visible, default cash settings as well as input descriptions have been added.
Rob Booker - ADX Breakout: (Directly taken from the official Tradingview V1 version of the script)
Definition
Rob Booker’s Average Directional Index (ADX) Breakout is a trend strength indicator that affirms the belief that trading in the direction of a trend and continuing to follow its pull is more profitable for traders, while simultaneously reducing risk.
History
ADX was traditionally used and developed to determine a price’s trend strength. It is commonly known as a tool from the arsenal of Rob Booker, experienced entrepreneur and currency trader.
Calculations
Calculations for the ADX Breakout indicator are based on a moving average of price range expansion over a specific period of time. By default, the setting rests at 14 bars, this however is not mandatory, as other periods are routinely used for analysis as well.
Takeaways
The ADX line is used to measure and determine the strength of a trend, and so the direction of this line and its interpretation are crucial in a trader’s analysis. As the ADX line rises, a trend increases in strength and price moves in the trend’s direction. Similarly, if the ADX line is falling, a trend decreases in strength and price then enters a period of consolidation, or retracement.
Traditionally, the ADX is plotted on the chart as a single line that consists of values that range from 0-100. The line is non-directional, meaning that it always measures trend strength regardless of the position of a price’s trend (up or down). Essentially, ADX quantifies trend strength by presenting in both uptrends and downtrends of the line.
What to look for
The values associated with the ADX line help traders determine the most profitable trades and where risk lies in the current trend. It is important to know how to quantify trend strength and distinguish between the varying values in order to understand the differences in trending vs. non-trending conditions. Let’s take a look at ADX values and what they mean for trend strength.
ADX Value:
0-25: Signifies an absent of weak trend
25-50: Signifies a strong trend
50-75: Signifies a very strong trend
75-100: Signifies an extremely strong trend
To delve into this a bit further, let’s assess the meaning of ADX if it is valued below 25. If the ADX line remains below 25 for more than 30 or so bars, price then enters range conditions, making price patterns more distinguishable and visible to traders. Price will move up and down between resistance and support in order to determine selling and buying interest and may then eventually break out into a trend or pattern.
The way in which ADX peaks, ebs, and flows is also a signifier of its overall pattern and trend momentum. The line can clearly indicate to the trader when trend strength is strong versus when it is weak. When ADX peaks are pictured as higher, it points towards an increase in trend momentum. If ADX peaks are pictured as lower - you guessed it - it points towards a decrease in trend momentum. A trend of lower ADX peaks could be a warning for traders to watch prices and manage and assess risk before a trade gets out of hand. Similarly, whenever there is a sudden move that seems out of place or a change in trend character that goes against what you’ve seen before, this should be a clear sign to watch prices and assess risk.
Summary
The ADX Breakout indicator is a trend strength indicator that analyzes price movements relative to trend strength to signal a user when is best for a trade and when is best to manage risk and assess patterns. As long as a trader recognizes strong trends and assesses the risk of each trade properly, they should have no problem using this indicator and utilizing it to work in their favor. In addition, the ADX helps identify trending conditions, but while doing so, also aids traders in finding strong trends to trade. The indicator can even alert traders to specific changes in trend momentum, allowing them to be primed for risk management.
Pre Market \ Opening Range High LowGreen vertical lines are showing pre market open and then the opening range as the first hour of market NYSE market open
Pre market high and low are blue lines | intraday opening range high low are in white
Trades are taken in the current direction above | below range breaks with the direction of price action using the moving averages
Price breaking through moving averages and a range is the optimal trade to enter - exit at next range for target - stop loss below the lower | higher moving average depending on short or long
A break above or below the intraday high or low and pre market high or low can give massive profits trailing your stop loss as price runs
Using MA 5 and 12 to filter out entries and exits above or below the ranges short or long is also another strategy to implement
BEST TIME FRAME TO USE IS 5 MINUTE
Support/Resistance With Breaks & Bounces [MyTradingCoder]This script uses the built-in pivothigh/pivotlow functions to find and identify new levels of basic support and resistance. The script will also automatically identify the first occurrence of a bounce/rejection off the most recent green/red line as well as automatically identify the first occurrence of a breakout of the most recent green/red line. This is a very basic, but effective indicator that is well written, and open source for anyone to learn from or build off of.
All details needed to understand how to use the script are listed below. Enjoy!
Customizable inputs:
- Option to change how pivot points are calculated('candle body' or 'candle wicks')
- Option to change the sensitivity of the pivots(leftbars and rightbars linked)
- Option to change the line width
Available Alert Options:
- Red Line Breakout
- Red Line Bounce/Rejection
- Green Line Breakout
- Green Line Bounce/Rejection
User Manual:
- All calculations are done on the last update of the bar(candle close)
- Only 1 breakout will be allowed per line
- Only 1 rejection will be allowed per line
- If the text is red, then the signal is related to the 'red line', if the text is green, then the signal is related to the 'green line'
- The code is open source, and is programmed using arrays/loops out of the gate, despite not needing to do so. This allows for easy modifications to the scripts behavior while keeping the functionality without it breaking.
- Pivot Rightbars is hardcoded to the same value for leftbars(leftbars = sensitivity). Uncomment the input for right_bars if you want the ability to change the rightbars independently from the leftbars
- When a new line is identified, the old one will stop updating, and no longer be considered for breakout/rejections. This can be changed with a bit of pine knowledge by performing some slight modifications to the code.
- When a new line is drawn, the old line will move backwards a little bit for cleanliness/clarity purposes
- If you have any questions/comments/requests/concerns please leave them down in the comments below
- Don't forget to leave a like if you find this script useful
MM Chop Filter Range BoxesMatch with the MM Chop Filter
This draw Non repainting range boxes when the oscillator see a range.
-Breakout Buy/Sell Signals and Exit signals when prices enters a range just in case you did get into a trade. .
-Alarms to match the signals
How to use
Match with the oscillator and always trade the trend with your strategy confirmation and the breakout this indicator provides
Bjorgum Key Levels
Key Levels Aims to capture 3 of the most significant points in price action
Breakouts
False Breakouts (Traps)
Back Checks
These 3 points alone, if properly identified, can be some of the most significant points of movement in the price history of an asset and bring significant gains to traders, if capitalized on. Here are a few examples of these setups
Breakouts
Breakouts can bring significant rallies as the market swings one sided after key levels are breached. This entry type can bring large trending runs to follow. Momentum is on your side, but the trade off is a higher entry.
False Breakouts
Also known as a bull trap or a bear trap, false breaks can lead to swift and significant reversals and potential for a large and sudden move to the opposite side. When a key level breakout fails to hold, parties entering to capitalize on the "epic breakout" can get left holding the bag forcing them to exit at a loss, which can double the force of pressure. Traps can bring swift gains from good entry prices. However, price is still in a larger trend against you so momentum is weak, so price action is susceptible to roll over.
Backchecks
Back checks are pull backs in trend that find middle ground to the 2 areas already described. Both momentum and entry price are decent, but risk is defined as a key level has flipped offering entry with stops below demand, or above supply.
Combining these 3 methods helps to diversify risk, understand trend development, and bring steady gains. This script helps to identify these points to traders with analysis of key levels, price structure, and trend direction, while providing visual signals and alerts for when they occur.
Best of luck in your coding and trading and thank you for your support
Newton theory (Bollinger Band Breakout)Initial capital 1000 USD
Order size 10%
Commission 0.3% with slippage
Timeframe 4h
This is Simple Bollinger Band Trend find out strategy.
I'm using the usual trailing offset as an exit for this strategy.
using 1x leverage to go long short within 3years backtest result more then 200% for all usd pair.
in next version i will try to find out more optimize sma,std,sl,tp parameter by using freqtrade hyperparameter optimization.
Happy Trading :)
False BreakoutA false breakout is when the price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started.
The “False Breakout” indicator reveals false breakouts in comparison to the previous candle.
In case we're looking to trade the stock for long this would mean that the price of the stock broke the previous low (support) and then got back above that low.
In case we're looking to trade the stock for short then a false breakout would mean the stock broke the previous high (resistance) and then got back below that high.
How to use the indicator?
First choose the direction you're looking to trade, meaning either long or short.
Then choose how strict you want to be about the Falls brakes.
There are three options:
The first option named “All“ means that it's enough that the stock broke the previous level and then get back to the original side.
The second option is “Supporting Change” meaning not only that the stock broke the previous key level (support or resistance), but also the change at the end of the candle is supporting the main direction - meaning the change is positive for long or negative for short.
The third option is “Engulfing”. This is a well-known candle, but to make it clear, in our case “Engulfing” means that not only the stock broke the previous level but it also ended the day on the other side of the candle - higher than the previous high, in case of long, and lower than the previous low, in case of short.
When you choose the level of strictness you determine how many indications you're going to get on the chart.
If you choose the highest level of strictness, meaning “Engulfing”, you would only see the red flags indicating engulfing candles.
If you choose the lowest level of strictness, meaning “All”, you will get more indications on your chart, including every false breakout.
When the direction you're looking for is long, all indications would appear below the candles.
When the direction you're looking for is short, then all indications would appear above the candles.
The Engulfing candles are represented by Red flags, and the Simple breakouts candles are represented by yellow. All colors may be adjusted to your preference.
Explaining the example above:
In the chart above we can see two consolidations. At the end of each consolidation, we can see a candle with an indication from the indicator that points out that this could be the end of the consolidation and the stock might continue its move.
In “consolidation 1” we can see that there is an orange flag below the candle right before the stock began to move up again.
In “consolidation 2” we can see that there is a red flag below the candle, right before the stock began another move.
Wishing you all the best :)
Soldiers Pattern ModifiedThis can be perceived as modified 3 soldiers, relaxed NR4 or even extended harami candlestick pattern.
Works for any instrument and any timeframe.
The idea is to find out any number of candles having their individual highs and lows, all within high and low range of base candle.
The count of soldiers and if they must be of same color, both can be configured.
Additional configurable settings is to add further check of having body of soldiers as well within body of base candle.
Trading strategy: Trade high or low breakout of base candle, having other as stop loss, for a risk reward ratio of 1:2.
Force IndexWhat is the force index ?
The force index is an oscillator used to confirm price breakout strengths and identify potential trends.
It was popularized by A. Elder.
How the force index is computed ?
Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the force index is computed with the intensity of the price movement, and it's volume , using the formula ema13((close(n) - close(n-1)) * volume ) .
How to use the force index
An important change in the force index indicate a strong momentum in the price action.
You can read more about the force index interpretation on Investopedia
Customization
You can display the indicator as an histogram, or as a line chart.
You can change EMA length, although it's recommended to keep it at default value.
CME Equity Futures Price Limits
Breakers for CME's futures contracts. Should work on CST/EST/UTC charts.
CME says it uses the last 30 seconds of the session to grab a reference price, so I took the open of the last session's candle because it's easier.
Out of session breakers: +/-5%
Limit downs: -7%/-13%/-20%
There are some minor nuances for the later part of the NY session but I don't really care to add that in right now.
Options:
- Input a manual reference price to override the selected price for accuracy.
- Show only the current/last session's limits. This breaks the in session limit down lines.
Live prices:
www.cmegroup.com
Month codes:
www.cmegroup.com
Reference:
www.cmegroup.com
It's best to check the last updated reference price to ensure it's correct.
Seismic Market Spike Detector v1.0 Seismic Market Spike Detector v1.0
This indicator helps identify spikes in market activity , typified by bars with extreme open / close or high / low prices.
This indicator plots 2 lines. The Blue line simply depicts extreme price movements with in that bar regardless of the initial opening price of the closing price of the bar. This allows you to get an insight into the current volatility of the price at that time in the market. Quite often big price swings with in bars are missed as people pend to tunnel vision on the open or close price - or other indicators derived from open / close.
The Red line is similar to the blue bar as it depicts extreme price movements with in the bar , but it will show the direction the market moved in by the close of the bar - and relatively how much the market moved. This is helpful for spotting breakout price action or short term spikes. Quite often after a breakout the market will restore itself to an equilibrium in the opposite direction. Sometimes this happens with an opposing aggressive spike , some times it makes a steady return to a known price level. Either way its a great time to place entry orders if you are looking to turn a fast profit or alternatively a good warning of forth coming price volatility.
Here are some tips for analysing the red and blue lines :
1)If the red line is pointing upwards , this indicates a sharp rise in the price.
2)If the red line is pointing downwards , this indicates a sharp fall in the price.
3)If the red line is flat but the blue line is spiked in either direction - this indicates the price was volatile with in the bar , but the price closed relatively near to the surrounding price bars. Perhaps a limit / stop triggered by this kind of activity - this is an easy way to determine why and re-enter.
4)If the red and the blue lines are flat - the price is steadily moving with a trend or trading sideways in a confined range.
Volatility Break + Trend Bias Scalper [Enhanced Visuals]Volatility Break + Trend Bias Scalper \
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?
MTF Candle Direction Forecast + Breakdown🧭 MTF Candle Direction Forecast + Breakdown 🔥📈🔼
This script is a multi-timeframe (MTF) price action dashboard that helps traders assess real-time directional bias across five customizable timeframes — with a focus on candle behavior, trend alignment, and confidence strength.
📌 What It Does
For each timeframe, this dashboard summarizes:
Current direction → Bullish, Bearish, or Neutral
Confidence score (0–100) → How strongly price is likely to continue in that direction
Candle strength → 🔥 icon appears if the current candle has a large body relative to its range
Trend alignment:
📈 = EMA9 is above EMA20
🔼 = Price is above VWAP
Color-coded background to visually reinforce directional state
Each row gives you a visual “at-a-glance” readout of what price is doing right now — not in the past.
💡 Why It’s Useful
✅ Direction forecasting based on price action
Instead of lagging indicators, this script prioritizes:
Candle body-to-range ratio (momentum)
Real-time VWAP/EMA structure
Immediate price positioning
✅ Confidence is quantified
The score (0–100) helps you judge how reliable each directional signal is:
90+ → Strong conviction
50–70 → Mixed but potentially valid
<40 → Weak move or early signal
✅ Timeframe confluence at a glance
See whether multiple timeframes are aligning directionally — helpful for scalping, day trading, or waiting for multi-timeframe breakout setups.
✅ Visual & intuitive
Icons, colors, and layout make it easy to scan your dashboard instead of deciphering charts or code.
🛠️ Adjustable Settings
Setting Description
Timeframe 1–5 Choose any timeframes to monitor (e.g., 5m, 15m, 1h, 4h)
Candle Display Mode Show trend color via emoji (🟢/🔴) or background shading
Strong Candle Threshold Adjust the body-to-range % needed to trigger 🔥 strength
Bullish/Bearish Background Customize label color coding
Neutral Background (opacity) Set transparency or styling for flat/consolidating zones
Table Location Place the dashboard anywhere on the chart
🎯 Use Cases
Scalpers: Confirm trend across 1m/5m/15m before entering
Day Traders: Use confidence score to avoid low-momentum setups
Swing Traders: Monitor higher timeframes for trend shifts while tracking intraday noise
VWAP/EMA traders: Quickly see when price is reclaiming or losing critical trend levels
🧠 What Makes It Unique?
Unlike generic trend meters or mashups of standard indicators, this script:
Uses live candle dynamics (not just closes or lagging values)
Computes directional bias and confidence together
Visualizes strength and structure in a compact, readable interface
Let’s you filter by price action, not just indicator alignment
💥 Why Traders Love Will Love It
✅ Instant clarity on which timeframes agree
✅ No more guessing candle strength or trend health
✅ Confidence score keeps you out of weak trades
✅ Works with any strategy — trend following, VWAP reclaim, EMA scalps, even breakouts
✅ Keeps your chart clean — all the context, none of the clutter
⚠️ Transparency🧬 Under the Hood
Powered by live candle body analysis, trend structure (EMA9 vs EMA20), and VWAP placement.
All scores are generated in real-time — No repainting or lookahead bias: all values are computed with lookahead=barmerge.lookahead_on
Confidence scores reflect the current candle only — they do not predict future moves but measure momentum and alignment in real-time
Labels update per bar and respond to subtle shifts in candle structure and trend indicators
✅ MTF Trend Snapshot (Live Output Example Shown in Chart Above)
This dashboard gives you a fast, visual summary of market trend and momentum across 5 timeframes. Here's what it's telling you right now:
🕔 5 Minute (5m)
📉 EMA Trend: Down
🔼 Price: Above VWAP
Direction: Bearish (42)
🟥 Weak bearish bias. Short-term pullback against a stronger trend. Use caution — lower confidence and mixed structure.
⏱️ 15 Minute (15m)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (73)
🟩 Clean bullish structure with growing momentum. Solid for intraday confirmation.
🕧 30 Minute (30m)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (77)
🟩 Stronger trend forming. Above VWAP and EMAs — building conviction.
🕐 1 Hour (1h)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (70)
🟩 Confident, clean trend. Good alignment across indicators. Ideal timeframe for swing entries.
🕓 4 Hour (4h)
🔥 Strong Candle
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (100)
🟩 Full trend alignment with max momentum. Strong body candle + structure — high confidence continuation.
🧠 Quick Takeaway
🔻 5m is pulling back short term
✅ 15m through 4h are fully aligned Bullish
🔥 4h has max confidence — big-picture trend is intact
📈 Ideal setup for momentum traders looking to ride trend with multi-timeframe confirmation
Try pinning this dashboard to your chart during live trading to read price like a story across timeframes, and filter out weak setups with low-confidence noise.
1M Scalp Setup – 2ndHi/2ndLo Breakout1M Scalp Setup – 2ndHi/2ndLo Breakout
This script is designed for 1-minute chart scalpers seeking high-probability intraday breakout setups based on early session price action. The strategy revolves around identifying the first high and low of the day, and then detecting the second breach (2nd high or 2nd low) to anticipate breakout entries.
🔍 Core Logic:
EMA Filter : A configurable EMA (default 8-period) is plotted for trend context.
1st High/Low Detection : Captures the very first high and low of each trading day.
2nd High/Low Markers : Identifies the second time price breaks the initial high or low, acting as a potential signal zone.
Breakout Signals :
A Buy Signal is triggered when price closes above the 2nd high.
A Sell Signal is triggered when price closes below the 2nd low.
Each signal is only triggered once per day to reduce noise and avoid overtrading.
🖌️ Visual Markers:
1stHi and 1stLo : Early session levels (red and green).
2ndHi and 2ndLo : Key breakout reference points (purple and blue).
B and S Labels : Buy and Sell triggers marked in real-time once breakouts occur.
⚙️ Inputs:
EMA Length (default: 8)
Customizable Colors for Buy/Sell signals and key markers
This tool is best used in fast-moving markets or during high-volume sessions. Combine with volume or higher-timeframe confirmation for improved accuracy.
BTC Breakout Alert📈 BTC Breakout & Fakeout Detector with Volume, RSI & MACD Filters
This script helps identify high-confidence breakout setups by combining price action, volume spikes, and optional momentum filters (RSI & MACD). It’s designed to alert you when Bitcoin (or any asset) breaks above a defined resistance level with strong conviction — and warns you if that move turns out to be a fakeout.
🔍 Features:
✅ Confirmed Breakout Alerts: Triggers when price closes above your set resistance level with volume ≥ 1.5× the 20-period average.
⚠️ Fakeout Detection: Highlights when price closes back below resistance within a few candles after breakout.
📊 Momentum Filters:
RSI > 50 for bullish confirmation
MACD line > signal line to support breakout momentum
🔔 Custom Alerts: Built-in alert conditions for both breakout and fakeout events.
🔼🔽 Visual Markers: Arrows plotted directly on the chart for clear entry and caution zones.
🕒 Works on all timeframes and any asset that includes volume data.
Ideal for breakout traders who want more than just a price spike — this tool ensures volume and momentum alignment, helping you reduce false signals and react with more confidence.
Daily Breakout + Daily Shadow By RouroThis script is a Pine v5 strategy designed to detect daily candle body breakouts and execute them on any intraday timeframe, while also providing:
Daily Data Retrieval
Using request.security(..., "D", ...) it fetches the OHLC and timestamp of the daily candle, regardless of the chart’s current timeframe.
Calculation of Yesterday’s and Day-Before-Yesterday’s Bodies
b1High and b1Low → the high/low of yesterday’s daily candle body
b2High and b2Low → the high/low of the previous day’s body
Detection of the First Intraday Bar After a New Day
By using ta.change(time("D")), it marks the start of each new trading day.
Drawing the Previous Day’s “Shadow” on the Chart
It overlays a box (box.new) and two wick lines (line.new) with configurable colors and transparency, so you can clearly see the full range of yesterday’s candle on any intraday chart.
Automatic End-of-Day Position Closure
It will automatically close any open position at the start of the next day to avoid unintended rollovers.
Entry Signals
On the very first intraday bar after the daily close:
Long if yesterday’s close broke above the body of the day before yesterday
Short if yesterday’s close broke below the body of the day before yesterday
…which triggers a strategy.entry at the intraday open.
Fully Customizable Stop-Loss and Take-Profit
SL options:
Opposite end of yesterday’s body
Fixed pips from entry
A risk-reward ratio on yesterday’s wick
Optional “safety SL” in fixed pips that overrides the above
TP options:
Fixed pips
Yesterday’s wick extreme (high/low)
Partial exit on the wick (TP1), then second exit (TP2) either:
At a multiplied RR
Or at the daily close (“Close of Day”)
You can also choose to move SL to breakeven after TP1 is hit.
Live Metrics Table
In the upper-right corner it displays in real time:
Start of backtest (date of first trade)
Number of ✅ Winning trades and ❌ Losing trades
Total number of trades
Win rate (%)
Profit Factor
All within a fixed table layout so it never runs out of rows or columns.
Smart Breakout with ATR Stop-LossThe Smart Breakout indicator combines a classic 20-day Donchian channel breakout with a tight trailing stop, drawing green lines and “ENTRY” labels at the bar after a valid breakout, and red lines and “EXIT” label at the bar after a stop-loss breach.
By default it uses the chart’s timeframe to compute ATR and stops, but you can flip on Daily lock to freeze both ATR and price reads at the daily resolution—so your stops stay the same whether you view at 1s, 15 m, 4h or lower frequency bars.
Key features:
20-day Donchian breakout: entry when price closes above the highest high of the previous 20 bars
2 × ATR(14) trailing stop: initialized at entry and raised only when the new (close – 2 × ATR) exceeds the prior stop
Daily lock option: Ensures all ATR and close values are calculated on the daily timeframe, keeping stop levels consistent across resolutions
Circuit Breaker LevelsThis indicator will show the Previous Day's Close and +/- 4.5% (Warning Level for Prop Firms), 5% (Prop Firm Trading Halted), 7% (First CME Circuit Breaker), 13% (Second CME Circuit Breaker), and 20% (Final CME Circuit Breaker All Trading Halted for the Day).
TQ's 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.
PumpC Opening Range Breakout (ORB) Stretch RangePumpC ORB Stretch
The PumpC ORB Stretch is a volatility-based indicator that helps traders identify potential breakout zones by analyzing how price typically behaves around the open. This tool is inspired by concepts introduced by Toby Crabel in his well-known book “Day Trading with Short-Term Price Patterns and Opening Range Breakout.”
Rather than predicting market direction, this indicator highlights areas where price is likely to expand based on recent volatility. It is designed for traders who prefer dynamic, data-driven breakout levels over static support and resistance zones.
What Is the "Stretch"?
In Toby Crabel’s framework, the Stretch is the average of the smaller of two price moves:
The distance from the open to the high of the bar
The distance from the open to the low of the bar
This smaller value captures the “quiet side” of the candle and reflects recent price compression. Averaged over multiple periods (commonly 10 daily bars), it creates a baseline to assess how far price may move away from the open under typical market conditions.
How the Indicator Works
The PumpC ORB Stretch follows this process:
Uses a higher timeframe (such as daily) to calculate the open, high, and low.
For each bar, measures the smaller of the two distances: open to high or open to low.
Applies a moving average to the result over a user-defined number of bars (default is 10).
Multiplies the average stretch by customizable levels (e.g., 0.382, 1.0, 2.0).
Plots breakout levels above and below the open of the selected timeframe.
The result is a set of adaptive levels that expand or contract with market volatility.
Customization Options
Stretch Timeframe: Choose the timeframe used for stretch calculation (default: Daily).
Stretch Length: Set the number of bars to include in the moving average.
Breakout Levels: Enable or disable individual levels and define multipliers.
Color Settings: Customize colors for each range level for easy visual distinction.
Plot Style: Circular markers are used to reduce chart clutter and improve readability.
How to Use It
Use plotted levels to anticipate possible breakouts from the open.
Adjust stretch length to reflect short-term or longer-term volatility trends.
Combine this tool with momentum indicators, volume, or price action for confirmation.
Use levels to help guide stop placement or profit targets in breakout strategies.
Important Notes
This script is based on an interpretation of Crabel’s concepts and is not affiliated with Crabel Capital or the original author.
The indicator does not predict direction; it is a tool for context and structure.
It is recommended that users test and validate this tool in a simulated environment before applying it to live trading.
This indicator is intended for educational purposes only.
Licensing and Attribution
This script is built entirely in Pine Script v5 and follows TradingView’s open-source standards. It does not include any third-party or proprietary code. If you modify or share it, please credit the original idea and follow all TradingView script publishing rules.
