I designed this indicator to trade 52 weeks high breakout. It tests three conditions 1)close above 52weeks high 2)close above upper Bollinger band 3) adx <30. any candle that satisfies all these condition will change its color to black. i also added 44sma to this script to find high probable trade. if the black candle is near 44 sma it is more reliable.
Open-source script
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You can favorite it to use it on a chart.
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