BRB Strict Scanner (Break → Retest → Break) - BNR

2 days ago

Perfect ✅
Here is a **clean**, final formatted version — **NO development notes**, **NO options**, **NO extra commentary**.

Just **copy + paste** into TradingView’s script description box:

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## 📌 BRB STRICT Scanner — Break → Retest → Break

**This indicator identifies high-probability breakout continuation setups** using a strict price-action + trend + volume confirmation model.

### ✅ What It Detects

A precise **3-step structure**:

1️⃣ **Break** of key support/resistance
2️⃣ **Retest** of that level (structure validation)
3️⃣ **Break again** with strong conviction + volume

This confirms the level has **flipped** and momentum is continuing.

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### 🔍 Why “STRICT”?

The scanner applies **multiple filters** to eliminate low-quality signals:

✔ Trend direction & slope confirmed using EMAs
✔ Volume must exceed **Vol SMA × custom multiplier**
✔ Tight consolidation (base) before breakout
✔ Strong “power candle” on 2nd break (close in top/bottom 30%)
✔ ATR threshold to ensure real movement
✔ VWAP alignment (optional)
✔ Optional **avoid lunchtime chop** filter
✔ Cooldown between signals — no spam

**Quality > Quantity** every time.

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### 🧠 Signal Meaning

| Label on Chart | Signal Type |
| -------------- | -------------------------- |
| **BRB🟢** | Bullish continuation setup |
| **BRB🔻** | Bearish continuation setup |

Signals appear **only on trend continuation**, not reversals.

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### 🎯 Best Usage

* Intraday trading (**3m–15m**)
* Trending symbols: SPY, QQQ, META, NVDA, TSLA, AMD, ES/NQ futures
* Crypto momentum runs
* Swing: works well on **30m/1H** with confirmation

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### ⚙️ Suggested Settings (Intraday)

* Volume ≥ **1.5–2.0×** Vol SMA
* ATR minimum: **0.30–0.50%** of price
* Base bars: **8–12**
* Confirm %: **0.7** (top/bottom 30% close)
* **VWAP alignment: ON**
* **Avoid lunchtime: ON**

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### 📈 Risk Management (Important)

This tool **identifies structure**, not exits.

Common trade plan:

* **Stop**: just below retest low (bull) / above retest high (bear)
* **Target 1**: 1–1.5R
* **Target 2**: trail below structure

Avoid trading right into:
⚠️ Major economic events
⚠️ First few minutes of open if volatility extreme

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### 🔔 Alerts Included

Add alerts:

* **Bullish BRB STRICT**
* **Bearish BRB STRICT**

Recommended: **Once Per Bar Close**

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### ✅ Summary

This indicator helps traders:
✔ Stay aligned with the **dominant trend**
✔ Avoid early + fake breakouts
✔ Execute cleaner, more reliable continuation entries

Not meant for:
✘ Bottom/top picking
✘ Low-volume tickers
✘ Choppy range scalping

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If you find this helpful — please consider:
⭐️ Rating & Adding to Favorites
💬 Commenting your results
🔁 Sharing with other disciplined traders

Trade with structure. Trade with confirmation. ✅📈⚡

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Would you like me to also create:
✅ A **feature banner thumbnail**
✅ A **version tag** (v1.0 / v1.1 etc)
✅ A short **headline/summary line** for the top?

2 days ago

Release Notes

Updated version