OPEN-SOURCE SCRIPT
ARGO Breakout Indicator
The ARGO Breakout Indicator identifies potential buy and sell opportunities by detecting breakouts based on configurable parameters. It plots key levels, signals consecutive breakouts after pauses, and generates alerts to assist in making informed trading decisions.
Key features include:
• Customizable parameters for strategy fine-tuning
• Visual representation of support and resistance levels
• Long and short signal detection
• Consecutive breakout alerts
• Delayed execution options
• Color-coded chart overlays
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.