OPEN-SOURCE SCRIPT
PopsStocks - Pullback & Breakout (PDP example) - INDICATOR
PopsStocks — Pullback & Breakout (PDP Example)
This indicator highlights two high-probability trading setups:
Pullback Zone (PB): Marks a price box where buyers may step back in after a dip. Signals trigger when volume and candle patterns confirm strength inside the zone.
Breakout (BO): Triggers when price clears resistance with healthy volume and buildup.
Features include:
Manual or auto-calculated levels using ATR.
Pullback & breakout stop levels and profit targets.
EMA trend filter (20/50).
Optional volume filter and buildup logic.
Custom resolution toggle (analyze signals on any timeframe).
Visual plots, signal panel, and alert conditions for PB & BO trades.
This indicator highlights two high-probability trading setups:
Pullback Zone (PB): Marks a price box where buyers may step back in after a dip. Signals trigger when volume and candle patterns confirm strength inside the zone.
Breakout (BO): Triggers when price clears resistance with healthy volume and buildup.
Features include:
Manual or auto-calculated levels using ATR.
Pullback & breakout stop levels and profit targets.
EMA trend filter (20/50).
Optional volume filter and buildup logic.
Custom resolution toggle (analyze signals on any timeframe).
Visual plots, signal panel, and alert conditions for PB & BO trades.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.