Breakout PRO v2.1

Breakout PRO v2.0 – Multi-Filter Breakout & Trend Suite


Breakout PRO (B:PRO) is a full breakout / trend-trading framework built around an adaptive EMA cloud, pivot levels and multi-timeframe filters.
It is designed for active traders (scalp, swing, position) who want structured entries, exits and signal quality information in one indicator.

(Before starting to use go to **SETTINGS** -> **STYLE** -> **SCROLL DOWN** -> **DISABLE LAST CHECKBOX**)

Core Concept

B:PRO looks for **breakouts away from a trend cloud**, confirms them with several momentum/volume filters and then manages the trade using dynamic support/resistance and risk logic.

You select:

Trade Mode: Short / Mid / Long
Market Sentiment: Standard / Bullish / Bearish / Consolidation

The indicator then automatically adapts:

* EMA lengths
* ATR-based cloud geometry
* RSI zones, volume thresholds and ADX requirements

So you can run the same tool for scalping, swing trading or position trades without constantly re-tuning parameters.



Main Components

1. Breakout Cloud & Fast Line

* Three EMAs (Fast / MidFast / MidSlow) form a dynamic trend cloud.
* Cloud flips between **bullish (green)**, **bearish (red)** and **neutral** regimes.
* The **Fast Line** changes color with the current regime and acts as an immediate trend reference.

2. Dynamic Pivot Support & Resistance

* Automatic detection of **major pivot highs and lows** for the current timeframe.
* Last valid pivot high/low is extended as **Resistance / Support line**.
* Both levels are also shown as small labels on the **price scale**:

* `Support` (green)
* `Resistance` (red)

These levels are also used in the breakout logic.

3. Multi-Filter Engine

Optional filters (can be toggled on/off):

* Volume (relative to SMA)
* MACD structure
* RSI with sentiment-adjusted OB/OS levels
* Stoch RSI
* Bollinger breakout
* Ichimoku bias
* ADX trend strength
* OBV
* VWAP

For each signal, B:PRO checks all active filters and only fires if the full filter set passes.

4. Breakout & Continuation Signals

Icons on the chart:

* **Open Long / Open Short** – main entry signals (triangles).
* **Breakout / Breakdown** – strong momentum breaks through cloud + BB (white/yellow labels).
* **Bull Continuation / Bear Continuation** – circles combining:

* continuation conditions,
* huge moves,
* reversal flips in direction of the trend.
* **Squeeze Soon** – volatility squeeze conditions (white cross).
* **Long/Short Invalidated** – purple circles when the running trade idea is invalidated (SL/cloud/conditions).

5. Quality & Safety Scoring (1–3)

For each Long/Short signal the script computes:

* **Safety Score (S 1–3)** – trend strength, volume, cloud context.
* **Quality Score (Q 1–3)** – confluence of BB, MACD, RSI and sentiment.

Scores are:

* Shown as optional **labels at the signal bar** (S x/3, Q x/3).
* Logged into the **“LAST 5 TRADE SIGNALS”** panel at the bottom left of the chart.

This helps you focus on high-confluence setups.

6. RSI Divergences (per Trade Mode)

* Separate RSI tuned per Trade Mode:

* Short → fast
* Mid → standard
* Long → smoother
* Sentiment-adjusted OB/OS levels.
* Marks **regular bullish/bearish divergences**:

* Big up arrow label below price (bullish).
* Big down arrow label above price (bearish).


7. New Function: Future Targets (B:Pro T1 & T2)

Adds two long-range Fibonacci-based EMA targets (233 & 377) as visual guidance levels.
They auto-adapt to any timeframe and sentiment mode, marking potential future resistance, support, and mean-reversion zones without affecting existing signals or logic.



Inputs (Overview)

* **Trade Mode:** Short / Mid / Long – changes EMA lengths, ATR, divergence RSI length.
* **Market Sentiment:** Standard / Bullish / Bearish / Consolidation – adjusts RSI levels, volume and ADX thresholds and relaxes OBV/Ichimoku in consolidation.
* **Filters:** Toggle each filter on/off (Volume, MACD, RSI, Stoch RSI, BB, Ichimoku, ADX, OBV, VWAP).
* **Show HTF Levels:** Plots previous HTF high/low/close (configurable timeframe).
* **Show RSI Divergence Arrows:** Enable/disable divergence labels.
* **Show Quality Panel / Labels:** Enable statistics panel and S/Q labels on the chart.
* Additional numeric inputs for lengths, ATR multipliers, BB/Keltner, etc.



Suggested Workflow

1. **Choose Trade Mode** to match your holding period (Short / Mid / Long).
2. **Set Market Sentiment** to reflect the current environment (trend vs consolidation).
3. Use the **cloud + Fast Line + HTF trend** to define direction.
4. Wait for **Open Long / Open Short** signals where:

* Price breaks out of the cloud and key pivot level.
* Safety / Quality scores are ≥ 2/3 (optional rule of thumb).
5. Use **Support / Resistance labels**, invalidation icons and the HTF levels to manage exits and risk.



Notes & Disclaimer

* B:PRO does **not** execute trades. It generates signals and visual tools only.
* No indicator guarantees profits. Always combine this tool with your own analysis, risk management and testing.
* Past performance on any market or timeframe is not a guarantee of future results.



I accept no responsibility for any losses incurred while using this indicator.