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Breakout

Roc Mean Reversion (ValueRay)This Indicator shows the Absolute Rate of Change in correlation to its Moving Average. Values over 3 (gray dotted line) can savely be considered as a breakout; values over 4.5 got a high mean-reverting chance (red dotted line). This Indicator can be used in all timeframes, however, i recommend to use it <30m, when you want search for meaningful Mean-Reverting Signals. Please like, share and subscribe. With your love, im encouraged to write and publish more Indicators.
Pine Script® indicator
by derMatzeImNetz
Pivot Points And Breakout Price Action With LuckyNickVaBar Color Candle Aligned with pivot points swing high and swing lows For Those Who Are Familiar with Trading The Breakouts Of Highs & Lows Of Structure. Pivots are said to be key areas in the market where price shows heavy reaction to where reversals make occur. At these points there are swing Highs & swing lows that traders may be able to find opportunity in the market. This Script is a combination of pivot points and Barcolor signals for the breakout.
Pine Script® indicator
by Nickafella
3
Boom Hunter ProBoom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame. Colored bars can be turned on to assist in finding an entry. Purple signifies a drag and potential dump. Fibonacci lines can be turned on to track price action and find entries/exit. This indicator follows the same rules as COG. For more information please see my COG HOWTO here:
Pine Script® indicator
by veryfid
453
Linear Regression & RSI Multi-Function Screener with Table-LabelHi fellow traders.. Happy to share a Linear Regression & RSI Multi-Function Custom Screener with Table-Labels... The Screener scans for Linear Regression 2-SD Breakouts and RSI OB/OS levels for the coded tickers and gives Summary alerts Uses Tables (dynamica resizing) for the scanner output instead of standard labels! This Screener cum indicator collection has two distinct objectives.. 1. Attempt re-entry into trending trades. 2. Attempt Counter trend trades using linear regression , RSI and Zigzag. Briefly about the Screener functions.. a. It uses TABLES as Labels a FIRST for any Screener on TV. b. Tables dynamically resize based on criteria.. c. Alerts for breakouts of the UPPER and the LOWER regression channels.(2 SD) d. In addition to LinReg it also Screens RSI for OB/OS levels so a multifunction Screener. e. Of course has the standard summary Alerts and programmable format for Custom functions. f. Uses only the inbuilt Auto Fib and Lin Reg code for the screener.(No proprietary stuff) g. The auto Zigzag code is derived(Auto fib). Question what are all these doing in a single screener ?? ZigZag is very useful in determining Trend Up or Down from one Pivot to another. So Once you have a firm view of the Current Trend for your chosen timeframe and ticker… We can consider few possible trading scenarios.. a. Re-entry in an Up Trend - Combination of OS Rsi And a Lower Channel breach followed by a re-entry back into the regression channel CAN be used as an effective re-entry. b. Similarily one can join a Down Trend on OB Rsi and Upper Channel line breach followed by re-entry into the regression channel. If ZigZag signals a range-bound market, bound within channel lines then the Upper breakout can be used to Sell and vice-versa! In short many possibilities for using these functions together with Scanner and Alerts. This facilitates timely PROFITABLE Trending and Counter trend opportunities across multiple tickers. You must give a thorough READ to the various available tutorials on ZigZag / Regression and Fib retracements before attempting counter trend trades using these tools!! A small TIP – Markets are sideways or consolidating 70% of the time!! Acknowledgements: - Thanks a lot DGTRD for the Auto ZigZag code and also for the eagerness to help wherever possible..Respect!! Disclaimer: The Alerts and Screener are just few tools among many and not any kind of Buy/Sell recommendations. Unless you have sufficient trading experience please consult a Financial advisor before investing real money. *The alerts are set for crossovers however for viewing tickers trading above or below the channel use code in line 343 and 344 after setting up the Alerts! ** RSI alerts are disabled by default to avoid clutter, but if needed one can activate code lines 441,442,444 and 445 Wish you all, Happy Profitable Trading!
Pine Script® indicator
by sharaaU7
21
Ichimoku all signalsIchimoku Cloud All Signals! This indicator shows all Ichimoku Cloud signals for (entering/exiting/confirming/or even staying) in a position. you can choose a signal related to your strategy and use it. you can choose which signals to be shown on the chart by changing the settings. here are some examples of signals that you can get from this indicator: Crossover/under conversion line & base line Crossover/under lead line1 & lead line2 Crossover/under conversion line & lead line1 Crossover/under base line & lead line1 Crossover/under conversion line & lead line2 Crossover/under base line & lead line2 Crossover/under close & base line Cloud Breakouts in both directions! and 74 signals more !!!!
Pine Script® indicator
by salarkamjoo
29
Ichimoku breakoutIf you use Ichimoku Cloud strategies, this indicator is very useful for you! This code indicates the candles that break the ichimoku cloud in both directions! conversion line, base line and lagging span are disable by default, you can enable it from settings window. green triangles under the candles with green backgrounds show break out the red clouds. red triangles at the top of the candles with red backgrounds show break out the red clouds. you can set alerts to be notified when an Ichimoku Cloud is broken.
Pine Script® indicator
by salarkamjoo
Breakout FinderHelo All, I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one. The options: "Period" is used to find Pivot Points "Max Breakout Length" is the maximum length to search breakouts "Threshold Rate %" is channel width of the breakout area. calculated using highest/lowest of last 300 bars. "Minimum Number of Tests" is the minimum number of tests that the Price tried to break the S/R level and some options for coloring and linestyle Lets see some examples: in this example "Minimum Number of Tests" is 2 so the Price must have tested to break resistance area 2 times and then it breaks it as seen in the screenshot: in following example Threshold rate is %10, so the channel width is very big: as you can see in followinf screenshot you can choose different colors and line styles: Alerts added ;) Enjoy!
Pine Script® indicator
by LonesomeTheBlue
189
Best Bulls Bears Volume trend Breakout V2 [badshah_e_alam]This is a intraday indicator. Only to be used on timeframe less than daily charts. This indicator purely uses volume to plot the graph. The indicator helps in conforming a breakout strategy. This indicator is advanced version of my previously developed indicator you can check this link Total volume is made up of buying volume and selling volume . Buying volume is the number of shares, contracts, or lots that were associated with green bars, and selling volume is the number that were associated with red bars. The labels on the right side are the current bar value and that days bulls /bears weightage. the first value shows the current bar volume. second value show the bulls weight in % third value show the bears weightage throughout the day ( %) The Blue plot in graph keeps the track of bulls movement in intraday( %) The Red plot in graph keeps the track of bears movement in intraday ( %) X axis is time. Y axis ranges from 100 to -100 I use 1:2 risk to reward ratio. Do your own research. **not a financial advice** Example of price increasing, volume decreasing this indicator can be used for confirming a breakout strategy with bulls or bears in action. In the current example, the buyer’s volume percentage is reducing and the price is increasing throughout the day. Hence a breakout of the trendline is confirmation of a short trade. Example of Price reducing, volume decreasing example of price moving down , bears losing the grip Example of price decreasing volume increasing Thanks to nizar9599 for giving idea to improve my previous indicator. DISCLAIMER Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments. Do your own research, This is not a financial advice.
Pine Script® indicator
by TJalam
56
CCI Breakout TraderWorks well on Bitcoin or most altcoins on a 15min chart or higher. What is this exactly? This is an indicator that uses horizontal RSI + EMA lines with a CCI line on top of it to provide optimal entry and exit positions for trading. There is also a breakout indicator based on the width of Bollinger Bands. How to use: If the blue stream passes upwards on the red heading to the white - it's heading towards a good BUY signal. To be safe you wait until it passes above the white line, then BUY LONG. Another signal to buy long is when the blue stream passes above the white and green lines. Selling is essentially the opposite, if the blue stream is passing down from the green or white lines, then it's time to sell and exit your trade. If you need help knowing when to enter and exit a trade the indicator will draw a grey candle on your chart to signal it's time to exit a long trade and it will draw a purple candle when it's time to enter a long. -- Breakout alert: If you see a green vertical bar it's a warning that there is a potential breakout in price coming for whichever coin you are looking at. The price breakout could go either direction, so make sure you watch the blue stream. -- Important tips: The direction of the green/white/red lines are important - if they are heading down that means it might not be the best time to enter your trade, even if the blue stream crosses up on the red and/or white lines. The colored horizontal lines are there to let you know if the blue stream is near the bottom of those lines (anywhere from hline 15 to 50) and heading upwards, you will more likely have a longer positive trade. If the blue stream is above 60 hline and it looks like a good trade (passing up on the red and white lines), expect to have a shorter trade. I use this for swing trading various crypto currencies, once you learn how to read it, you can catch amazing uptrends really early and you can exit trades before some big drops happen.
Pine Script® indicator
by mmoiwgg
3
Mark Earnings DayThe idea for today is to plot high / low prices on the Earnings day. (use only on Daily timeframe) And as we all know, most of the times, price is unidirectional after the earnings are declared. A target of 1:2 or even 1:5 can be easily achieved in these cases, within few days. Green label indicates, reported earnings are higher than estimated. Red indicates the other way. But 1, this does not necessarily indicate the trend direction. But 2, a breakout / breakdown of this day's candle mostly does. The other serving as a Stop Loss. Optionally, the scripts can also plot splits and dividends on the charts. The difference between this indicator and readily available default markings on the chart is, these figures are directly available on the chart itself, that saves multiple clicks.
Pine Script® indicator
by SushilKothawade
7
Volume Positive Negative (VPN)The idea and calculations for the Volume Positive Negative (VPN) indicator were created by Markos Katsanos. Markos wrote about the indicator in the article Detecting High-Volume Breakouts, published in Technical Analysis of Stocks & Commodities April, 2021 (Vol. 39, Issue 5). The goal of the VPN indicator is to detect breakouts using only volume. The basic idea is to compare volume on up days versus volume on down days. The indicator can oscillate between the range of -100 and 100. Values between 0 and 20 are generally considered bullish, negative are bearish. When the plotted VPN crosses over what Markos refers to as the critical value, that may indicate a high volume breakout. The critical value can be adjusted between 0 to 20, 10 is the default, Volume Positive Negative Calculation (VPN) VPN = (VP - VN) / MAV / Period * 100 VP - sum of positive volume VN - sum of negative volume MAV - moving average of volume Volume is considered positive when the average price is higher than the previous day's price by more than .1 of the ATR (average true range).
Pine Script® indicator
by JohnMuchow
28
Trend ResumptionWe again keep it really simple. This indicator just plots the combination of RGRR and GRGG candlesticks. (R = Red / Bearish, G = Green / Bullish) When either pattern occurs, trade the combined high and combined low of recent 2 RR or recent 2 GG candles. I.e., Buy above GG's high with SL at GG's low. Sell below RR's low with SL at RR's high. Refer the shared chart for example. The signals were plotted on both the sides, and wherever triggered - gave rewards. Only 1 at 05-Apr, 10:50 a.m. did not trigger, but that must then be ignored. Do not hurry to enter the trade, wait for breakout / breakdown above combined high / low.
Pine Script® indicator
by SushilKothawade
15
Robust Channel [tbiktag]Introducing the Robust Channel indicator. This indicator is based on a remarkable property of robust statistics , namely, the resistance​ to the presence of data points that deviate significantly from the established trend (generally speaking, outliers ). Being outlier-resistant, the Robust Channel indicator “remembers” a pre-existing trend and thus exhibits a very peculiar "lag" in case of a sharp price change. This allows high-confidence identification of such price actions as a trend reversal, range break, pullback, etc. In the case of trending and range-bound market conditions, the price remains within the channel most of the time, fluctuating around the central line. Technical details The central line is calculated using the repeated median slope algorithm. For each data point in a lookback window of a user-specified Length , this method calculates the median slope of the lines that connect that point to all other points inside the window. The overall median of these median slopes is then calculated and used as an estimate of the trend slope. The algorithm is very efficient as it uses an on-the-fly procedure to update the array containing the slopes (new data pushed - old data removed). The outer line is then calculated as the central line plus the Length -period standard deviation of the price data multiplied by a user-defined Channel Width Factor . The inner line is defined analogously below the central line. Usage As a stand-alone indicator, the Robust Channel can be applied similarly to the Bollinger Bands and the Keltner Channel: A close above the outer line can be interpreted as a bullish signal and a close below the inner line as a bearish signal. Likewise, a return to the channel from below after a break may serve as a bullish signal, while a return from above may indicate bearish sentiment. Robust Channel can be also used to confirm chart patterns such as double tops and double bottoms. If you like this indicator, feel free to leave your feedback in the comments below!
Pine Script® indicator
by tbtkg
14