TSLA Breakout Breakdown Levels
Bullish and bearish entry lines based on the pre‑market high and low for the day (e.g., ~442.68 and ~440.21), with clearly marked stops and three profit targets.
A shaded “no‑trade zone” between the pre‑market high and low to discourage entries in the overnight range.
Colour‑coded horizontal lines for each level and descriptive labels on the latest bar for quick reference. Titles are fixed strings to satisfy Pine Script’s requirement that hline() titles be compile‑time constants.
A customizable underlyingSymbol variable if you wish to adapt the script to another ticker. To use this indicator on future sessions, simply update the bullEntry, bearEntry and associated stop/target variables to reflect the current pre‑market range.
This script does not generate buy or sell signals by itself; it provides visual reference levels to be used alongside the Strategy 5 Breakout Signals script. Always test on paper first, and adjust the levels to match your own pre‑market analysis. For more details on writing helpful script descriptions and how to publish Pine scripts, see TradingView’s documentation. This indicator is for educational purposes only and not financial advice.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact obviousPear1979 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact obviousPear1979 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.