Bayesian BBSMA OscillatorSometime ago (very long ago), one of my tinkering project was to do a spam or ham classification type app to filter news I'd wanna read. So I built myself a Naive Bayes Classifier to feed me my relevant articles. It worked great, I can cut through the noise.
The hassle was I needed to manually train it to understand what I wanna read. I trained it using 50 articles and to my surprise, it's enough.
Complexity Theory
I've been reading a book called The Road to Ruin by Jim Rickards. He described how he got to his conclusion of how the stock market works by using Complexity Theory. Bill Williams would agree. Jim tells us that by using just enough data, we calculate the probability of an event to occur. We can't say for sure when but we know it's coming. This was my light bulb moment.
While Jim talks much about Bayesian Inference in which a probability of an event can always be updated as more evidence comes to light, I had my eyes set on binary probabilities of when prices are going up and down.
Assumptions
These are my assumptions:
Prices breaking up a Bollinger basis line will have fuel to go up even higher
Prices will go down when prices have broken up a Bollinger upper band
Scalping is the main method so we should use a lower period Moving Average (MA)
When prices are above MA, it's likelier a correction to the downside is imminent
When prices are below MA, it's likelier a correction to the upside is imminent
Optimize parameters for 1 hour timeframe which will give us time to react while still having more opportunities to trade
Building Blocks
Jim Rickards started with limited data (events) while in technical trading, data are plentiful. I decided to classify 2 events which are:
Next candles would be breaking up
Next candles would be breaking down
Key facts:
We won't know for sure when prices are going to break
We won't know for sure how much the prices movements are going to be
Formulas
Breaking up:
Pr(Up|Indicator) = Pr(Indicator|Up) * Pr(Up) / Pr(Indicator|Up) * Pr(Up) + Pr(Indicator|Down) * Pr(Down)
Breaking down:
Pr(Down|Indicator) = Pr(Indicator|Down) * Pr(Down) / Pr(Indicator|Down) * Pr(Down) + Pr(Indicator|Up) * Pr(Up)
Reading The Oscillator
Green is the probability of prices breaking up
Red is the probability of prices breaking down
When either green or red is flatlining ceiling, immediately on the next candle when the probability decreases go short or long based on which direction you're observing - Strong Signal
When either green or red is flatlining ceiling, take no action while it's ceiled
Usually when either green or red is flatlining bottom, the next candle when the probability increases, immediately take a short long position based on the direction you're observing - Weak Signal
When either green or red is flatlining bottom, take no action while it's bottomed
Alerts
Use Once per Bar option when generating alerts.
在腳本中搜尋"break"
cATRpillerThis indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Renko AccelerationRenko is a very useful charting method for analyzing stock movement. It does a great job of filtering out all the excess noise so that all we're left with is pure price action. But, what about time? Time is a fundamental part of chart analysis and we are only seeing part of the picture. After all, shouldn't we take a very different approach to trading signals from a block that renders in 2 seconds as opposed to a block that renders in 30 minutes?
This indicator provides the best of both worlds, enabling us to correlate the passing of time with price movement and clearly see when squeezes and breakouts occur.
As the indicator turns up to green we can see that volatility is on the move and the market is accelerating (breakout), and as it turns down to red the market is stagnating (squeeze). There is also an alternate 'Precise' view which renders the exact time per block for more granular analysis.
San's Candles ProThe San Trader Candles for bullish and bearish market
- Buy on breaking High of "San's Bullish Candle"
- Sell on breaking Low of "San's Bearish Candle"
Preferred Time Frame: Daily and Weekly
Renko Chart Alerts with PivotsAdd alerts to renko charts to be notified when:
new brick
brick up
brick down
direction change
direction change up
direction change down
Also shows pivots based on brick reversals. Alerts also available for:
pivot breakout
pivot high breakout
pivot low breakout
You can hide the plots for pivot high/low and breakouts in the style tab of the settings for the indicator.
To add the alerts:
add the indicator to your renko chart
click add alert
click the condition dropdown and choose Renko Alerts
you should see all the alerts there and you can add any one or more to your chart
Support-Resistance breakoutStrategy based on longing resistance breakout and shorting support breakout.
It defines highs and lows using fractal with 2 bars for confirming high/lows. So it has 2 bars lag.
It calculates the difference between sma with defined length (21 by default) of highs and of lows and uses it as alt SR level. This idea I took from synapticEx's indicator Nebula-Advanced-Dynamic-Support-Resistance.
Position enter is the breakout of SR, defined by fractals.
Position exit is: bar change in opposite to position direction > difference is sma of highs and of lows.
Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades.
It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows.
The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend.
I hope this indicator will be useful for many traders!
Thank you!
VWAP Stdev BandsCurrent price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script.
Breakout trades can be taken based on the previous day's VWAP and it's deviations.
One can say that the stock has experienced breakout if current price crosses the fourth deviation of the previous day's VWAP or price bounces off that level, the price movement will be rapid if this occurs providing a good trading opportunity with low risk-reward ratio.
Two Bar Break Line Alerts R1.0 by JustUncleLThis indicator with default settings is designed for BINARY OPTIONS trading. The indicator can also be used for Forex trading with some setting changes. The script shows Two Bar Pullback Break lines and alerts when those Break lines are Touched (broken) creating a short term momentum entry condition.
For a Bullish Break (Green Up Arrow) to occur: first must have two (or three) consecutive bear (red) candles which is followed by a bull (green) candle creating a pivot point. The breakout occurs then the High of the current Bull (green) exceeds the highest point of the previous two (or three) pivotal bear candles. The green channel Line shows where the current Bullish BreakOut occurs.
For a Bearish Break (Red Down Arrow) to occur: first must have two (or three) consecutive bull (green) candles which is followed by a bear (red) candle creating a pivot point. The breakout occurs when the Low of the current Bear (red) drops below the lowest point of the previous two (or three) pivotal Bull candles. The red channel Line shows where the current Bearish BreakOut occurs.
The break Line Arrows can optionally be filtered by the Coloured MA (enabled by default), a longer term directional MA (disabled by default) and/or a MACD condition (enabled by default) as a momentum filter.
You can optionally select three Bar break lines instead of two. The three bar break lines are actually equivalent to Guppy's Three Bar Count Back Line method for trade entries (see Guppy's video reference below).
Included in this indicator is an ability to display some basic Binary Option statistics, when enabled (enabled by default) it shows Successful Bars in Yellow and failed Bars in Black and the last Nine numbers on the script title line represent the Binary option Statistics in order:
%ITM rate
Total orders
Successful Orders
Failed Orders
Total candles tested
Candles per Day
Trades per Day
Max Consecutive Wins
Max Consecutive Losses
You can start the Binary Option statistics from a specific Date, which is handy for checking more recent history.
HINTS:
BINARY OPTIONS trading: use 5min, 15m, 1hr or even Daily charts. Trade after the price touches one of the Breakout lines and the Arrow first appears. Wait for the price to come back from Break Line by 1 or 2 pips, the alert arrow must stay on and candle change to black, then take Binary trade expiry End of Candle. If price pull back and arrow turns off, don't trade this candle, move on you probably don't have momentum, there will be plenty of other trigger events. The backtesting results are good with ITM rates 65% to 72% on many currency pairs, commodities and indices. Realtime trading has confirmed the backtesting results and they could even be bettered, provided you are selective on which signals to trade (strong MACD support etc), that you are patient and disciplined to this trading method.
FOREX trading: the default settings should work with scalping. For longer term trades try with settings change to a more standard MACD filter or slower to catch the longer term momentum swings and the idea would be to trade the first Break Line alert that occurs after a decent Pullback in the direction of the trend. Setting the SL to just above/below the Pivot High/Low and set target to two or three times SL.
References:
"Fundamentals of Price Action Trading for Forex, Stocks, Options and Futures" video:
www.youtube.com
Other videos by "basecamptrading" on Naked Trading.
"Taking Profits in Today's Market by Daryl Guppy" video:
www.youtube.com
Systematic TF IndicatorThis is a simple trend following indicator which works off moving averages for trend bias and breakouts for entry.
Line Break StrategyLine Break Strategy
Entry rule:
Long on a bullish line and short on a bearish line.
Backtest:
Profit factors are shown below for three-line break.
Daily time frame, FXCM broker.
EURUSD: 1.267, USDJPY: 1.039, GBPUSD: -0.816, AUDUSD: -0.959
S&P500: -0.783, Nikkei225: 1.099
CrudeOil: 1.03, Gold: 1.196
BTCUSD: -0.883
Reference:
Steve Nison, Beyond Candlesticks - New Japanese Charting Techniques Revealed
Note:
This strategy doesn't work properly on the linebreak chart.
A good example is shown below. The entry prices are not always correct.
If you have signal, but the next candle moves in the opposite direction, the entry price is drawn at the Open of the new candle instead of the Close of the previous candle.
The results of backtest are unreliable due to this reason.
GS_Opening-Range-V1ORB Opening Range Breakout 5 and 3O Minute Indicator
Kudos to Chris Moody for the inspiration to create my first indicator.
The 5 and 30 run together at times but the scalp would be when the equity breaks the 5 go long or short for the scalp and when it breaks the 30 go for the swing trade.
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million.
A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day.
The formula worked so well…Owen charged other Traders 1K to get it.
I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low.
While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low.
Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out.
***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts.
***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
1M XAU Cumulative Delta Volume with OB Breakouts
### Overview
This is a **session-based CVD strategy** built around the **00:00–07:00 CEST range**. It finds the high/low of that session, turns them into **adaptive ATR-based support (yellow)** and **resistance (purple)** zones, and trades only **CVD-confirmed reversals** off those levels.
---
### How it Works
* For each day, the script:
* Builds a 00:00–07:00 CEST **profile high/low**.
* Creates a **support zone** around the session low and a **resistance zone** around the session high.
* Using lower timeframe data, it reconstructs **Cumulative Volume Delta (CVD)** and a **recent delta** filter.
* It arms “pending” states when price **enters a zone from the correct side**, then confirms:
* **BUY (long):** price reclaims above support and recent CVD is strongly positive.
* **SELL (short):** price rejects below resistance and recent CVD is strongly negative.
Only these two CVD signals (`buySignal` / `sellSignal`) open trades.
---
### Strategy Logic
* **Entries**
* `buySignal` → open **long** (if flat).
* `sellSignal` → open **short** (if flat).
* No pyramiding; one position at a time.
* **Exits (only TP & SL)**
* Long: TP at `avg_price * (0.5 + TP%)`, SL at `avg_price * (1 – SL%)`.
* Short: TP at `avg_price * (0.5 – TP%)`, SL at `avg_price * (1 + SL%)`.
* No opposite-signal exits.
---
### Extras
* **Reversal markers** on yellow/purple zones and **breakout/retest markers** are plotted for context and alerts but **do not trigger entries**.
* Zone width and “thickening” are ATR-based so important touches and near-touches are easy to see.
* Only suited for **1m intraday scalping** (e.g. XAU/USD), but can be tested on other markets/timeframes.
Nifty Breakout Levels Strategy (v7 Hybrid)Nifty Breakout Levels Strategy (v7 Hybrid – Compounding from Start Date)
Instrument / TF: Designed for current-month NIFTY futures on 1-hour timeframe, with at most 1 trade per day.
Entry logic: Uses a 10-bar breakout box with a 0.3% buffer, plus EMA-based trend + proximity filter.
Longs: price in breakout-high zone, above EMA50/EMA200 and within proximityPts.
Shorts: price in breakout-low zone and strong downtrend (EMA10 < EMA20 < EMA50 < EMA200, price below EMA200).
Trades only when ATR(14) > atrTradeThresh and during regular hours (till 15:15).
Risk / exits: Stop loss is ATR-adaptive – max of slBasePoints (100 pts) and ATR * atrSLFactor; TP is fixed (tpPoints, e.g. 350 pts).
Longs have stepped trailing profit levels (100/150/200/250/320 pts) that lock in gains on pullbacks.
Shorts have trailing loss-reduction levels (80/120/140 pts) to cut improving losses.
Additional exit: 1H EMA50 2-bar reversal against the position, plus optional EOD flatten at 3:15 PM.
Compounding engine: From a chosen start date, equity is rebased to startCapital, and lot size scales dynamically as equity / capitalPerLot, with automatic lot reductions at three drawdown thresholds (ddCut1 / 2 / 3).
Automation: All entries and exits are exposed via alertconditions (long/short entry & exit) so the strategy can be connected to broker/webhook automation.
15m ORB Breakout NAS100 (5m Mgmt) v6 - OptimizedOpening Range Breakout Strategy
Buy and sell signals are given upon break of market session opening range. Best utilized for 30 minute NY opening range, managed on 5 min timeframe on NAS100. Tweak the settings for higher win rate on backtesting dashboard before implementing strategy.
SHIVAJI 1:2 SIMPLE BREAKOUT SETUP - CLEANManage risk reward and use this indicator
Breakout structure auto correct
Volume consider in break out
Prev Day/Week Breakout Signals (15m, 1st 15 min BO)- Dr VinayPrev Day/Week Breakout Signals (15m, First Candle Only)- For taking break out entries
BB Breakout + EMA Touch (50/100)Shows points only when BOTH happen on the same candle:
1️⃣ Price breaks through Bollinger Bands
2️⃣ Price touches (or crosses) EMA 50 or EMA 100
Swing Traces [BigBeluga]🔵 OVERVIEW
The Swing Traces indicator identifies significant swing points in the market and extends them forward as fading traces. These traces represent the memory of recent highs and lows, showing how price interacts with past turning points over time. Traders can use the fading intensity and breakout signals to gauge when a swing has lost influence or when price reacts to it again.
🔵 CONCEPTS
Swing Detection – Detects recent upper and lower swing points using sensitivity-based highs and lows.
Trace Longevity – Each swing projects a “trace” forward in time, gradually fading with age until it expires.
Trace Size – Each trace is drawn with both a main level and a size extension (half of the bar range) to highlight swing influence.
Longevity Counters – Swings remain active for a customizable number of bars before fading out or being crossed by price.
Swing Retest – Labels appear when price retest above/below an active trace extension levels, confirming potential reversal.
🔵 FEATURES
Adjustable sensitivity length for swing detection.
Separate longevity controls for upper and lower swing traces.
Fading gradient coloring for visualizing how long a trace has been active.
Double-trace plotting: one at the swing level and one offset by trace size.
Clear BUY/SELL signals when price crosses a swing trace after it has matured.
🔵 HOW TO USE
Use blue (upper) traces as resistance zones; lime (lower) traces as support zones.
Watch for fading traces: the longer they persist, the weaker their influence becomes.
Retest dots (●) confirm when price retest a trace, signaling a potential reversal.
Shorter sensitivity values detect faster, smaller swings; longer values capture major swing structures.
Combine with trend indicators or volume to filter false breakout signals.
🔵 CONCLUSION
The Swing Traces indicator is a powerful tool for mapping price memory. By projecting recent swing highs and lows forward and fading them over time, it helps traders see where price may react, consolidate, or break through with strength. Its dynamic traces and breakout labels make it especially useful for swing traders, breakout traders, and liquidity hunters.
RSI BREAKOUT SIGNALSThis BB + RSI Breakout indicator is designed to help traders identify potential buy and sell opportunities based on price movements relative to the Donchian channel (or Bollinger-type channel) and momentum conditions. It calculates the highest high and lowest low over a user-defined length to form a dynamic channel, and then it checks whether the current price breaks above the upper band (for a buy signal) or below the lower band (for a sell signal). To avoid repeated signals in a row, the indicator uses a state system: after a buy signal occurs, it will not generate another buy until a sell occurs, and vice versa. When a buy signal is triggered, it automatically calculates a take-profit price a certain percentage above the buy candle and displays this price below the candle as a “TP” label. Sell signals are displayed above the candle, and any previous TP label is cleared. The indicator updates in real time, so the signals move with the chart, giving a clear and lag-free visualization of entry points and potential profit targets.






















