Rob Booker - ADX Breakout updated to pinescript V5Rob Booker - ADX Breakout. The strategy remains unchanged but the code has been updated to pinescript V5. This enables compatibility with all new Tradingview features. Additonally, indicators have been made more easily visible, default cash settings as well as input descriptions have been added.
Rob Booker - ADX Breakout: (Directly taken from the official Tradingview V1 version of the script)
Definition
Rob Booker’s Average Directional Index (ADX) Breakout is a trend strength indicator that affirms the belief that trading in the direction of a trend and continuing to follow its pull is more profitable for traders, while simultaneously reducing risk.
History
ADX was traditionally used and developed to determine a price’s trend strength. It is commonly known as a tool from the arsenal of Rob Booker, experienced entrepreneur and currency trader.
Calculations
Calculations for the ADX Breakout indicator are based on a moving average of price range expansion over a specific period of time. By default, the setting rests at 14 bars, this however is not mandatory, as other periods are routinely used for analysis as well.
Takeaways
The ADX line is used to measure and determine the strength of a trend, and so the direction of this line and its interpretation are crucial in a trader’s analysis. As the ADX line rises, a trend increases in strength and price moves in the trend’s direction. Similarly, if the ADX line is falling, a trend decreases in strength and price then enters a period of consolidation, or retracement.
Traditionally, the ADX is plotted on the chart as a single line that consists of values that range from 0-100. The line is non-directional, meaning that it always measures trend strength regardless of the position of a price’s trend (up or down). Essentially, ADX quantifies trend strength by presenting in both uptrends and downtrends of the line.
What to look for
The values associated with the ADX line help traders determine the most profitable trades and where risk lies in the current trend. It is important to know how to quantify trend strength and distinguish between the varying values in order to understand the differences in trending vs. non-trending conditions. Let’s take a look at ADX values and what they mean for trend strength.
ADX Value:
0-25: Signifies an absent of weak trend
25-50: Signifies a strong trend
50-75: Signifies a very strong trend
75-100: Signifies an extremely strong trend
To delve into this a bit further, let’s assess the meaning of ADX if it is valued below 25. If the ADX line remains below 25 for more than 30 or so bars, price then enters range conditions, making price patterns more distinguishable and visible to traders. Price will move up and down between resistance and support in order to determine selling and buying interest and may then eventually break out into a trend or pattern.
The way in which ADX peaks, ebs, and flows is also a signifier of its overall pattern and trend momentum. The line can clearly indicate to the trader when trend strength is strong versus when it is weak. When ADX peaks are pictured as higher, it points towards an increase in trend momentum. If ADX peaks are pictured as lower - you guessed it - it points towards a decrease in trend momentum. A trend of lower ADX peaks could be a warning for traders to watch prices and manage and assess risk before a trade gets out of hand. Similarly, whenever there is a sudden move that seems out of place or a change in trend character that goes against what you’ve seen before, this should be a clear sign to watch prices and assess risk.
Summary
The ADX Breakout indicator is a trend strength indicator that analyzes price movements relative to trend strength to signal a user when is best for a trade and when is best to manage risk and assess patterns. As long as a trader recognizes strong trends and assesses the risk of each trade properly, they should have no problem using this indicator and utilizing it to work in their favor. In addition, the ADX helps identify trending conditions, but while doing so, also aids traders in finding strong trends to trade. The indicator can even alert traders to specific changes in trend momentum, allowing them to be primed for risk management.
Search in scripts for "break"
Support/Resistance With Breaks & Bounces [MyTradingCoder]This script uses the built-in pivothigh/pivotlow functions to find and identify new levels of basic support and resistance. The script will also automatically identify the first occurrence of a bounce/rejection off the most recent green/red line as well as automatically identify the first occurrence of a breakout of the most recent green/red line. This is a very basic, but effective indicator that is well written, and open source for anyone to learn from or build off of.
All details needed to understand how to use the script are listed below. Enjoy!
Customizable inputs:
- Option to change how pivot points are calculated('candle body' or 'candle wicks')
- Option to change the sensitivity of the pivots(leftbars and rightbars linked)
- Option to change the line width
Available Alert Options:
- Red Line Breakout
- Red Line Bounce/Rejection
- Green Line Breakout
- Green Line Bounce/Rejection
User Manual:
- All calculations are done on the last update of the bar(candle close)
- Only 1 breakout will be allowed per line
- Only 1 rejection will be allowed per line
- If the text is red, then the signal is related to the 'red line', if the text is green, then the signal is related to the 'green line'
- The code is open source, and is programmed using arrays/loops out of the gate, despite not needing to do so. This allows for easy modifications to the scripts behavior while keeping the functionality without it breaking.
- Pivot Rightbars is hardcoded to the same value for leftbars(leftbars = sensitivity). Uncomment the input for right_bars if you want the ability to change the rightbars independently from the leftbars
- When a new line is identified, the old one will stop updating, and no longer be considered for breakout/rejections. This can be changed with a bit of pine knowledge by performing some slight modifications to the code.
- When a new line is drawn, the old line will move backwards a little bit for cleanliness/clarity purposes
- If you have any questions/comments/requests/concerns please leave them down in the comments below
- Don't forget to leave a like if you find this script useful
MM Chop Filter Range BoxesMatch with the MM Chop Filter
This draw Non repainting range boxes when the oscillator see a range.
-Breakout Buy/Sell Signals and Exit signals when prices enters a range just in case you did get into a trade. .
-Alarms to match the signals
How to use
Match with the oscillator and always trade the trend with your strategy confirmation and the breakout this indicator provides
Bjorgum Key Levels
Key Levels Aims to capture 3 of the most significant points in price action
Breakouts
False Breakouts (Traps)
Back Checks
These 3 points alone, if properly identified, can be some of the most significant points of movement in the price history of an asset and bring significant gains to traders, if capitalized on. Here are a few examples of these setups
Breakouts
Breakouts can bring significant rallies as the market swings one sided after key levels are breached. This entry type can bring large trending runs to follow. Momentum is on your side, but the trade off is a higher entry.
False Breakouts
Also known as a bull trap or a bear trap, false breaks can lead to swift and significant reversals and potential for a large and sudden move to the opposite side. When a key level breakout fails to hold, parties entering to capitalize on the "epic breakout" can get left holding the bag forcing them to exit at a loss, which can double the force of pressure. Traps can bring swift gains from good entry prices. However, price is still in a larger trend against you so momentum is weak, so price action is susceptible to roll over.
Backchecks
Back checks are pull backs in trend that find middle ground to the 2 areas already described. Both momentum and entry price are decent, but risk is defined as a key level has flipped offering entry with stops below demand, or above supply.
Combining these 3 methods helps to diversify risk, understand trend development, and bring steady gains. This script helps to identify these points to traders with analysis of key levels, price structure, and trend direction, while providing visual signals and alerts for when they occur.
Best of luck in your coding and trading and thank you for your support
Newton theory (Bollinger Band Breakout)Initial capital 1000 USD
Order size 10%
Commission 0.3% with slippage
Timeframe 4h
This is Simple Bollinger Band Trend find out strategy.
I'm using the usual trailing offset as an exit for this strategy.
using 1x leverage to go long short within 3years backtest result more then 200% for all usd pair.
in next version i will try to find out more optimize sma,std,sl,tp parameter by using freqtrade hyperparameter optimization.
Happy Trading :)
Line breakI decided to help TradingView programmers and wrote code that converts a standard candles / bars to a line break chart. The built-in linebreak() and security() functions for constructing a Linear Break chart are bad, the chart is not built correctly, and does not correspond to the Line Breakout chart built into TradingView. I’m talking about simulating the Linear Break lines using the plotcandle() annotation, because these are the same candles without shadows. When you try to use the market simulator, when the gaps are turned on in the security() function, nothing is added to the chart, and when turned off, a completely different line break chart is drawn. Do not try to write strategies based on the built-in linebreak() function! The developers write in the manual: "Please note that you cannot plot Line Break boxes from Pine script exactly as they look. You can only get a series of numbers similar to OHLC values for Line Break charts and use them in your algorithms." However, it is possible to build a “Linear Breakthrough” chart exactly like the “Linear Breakthrough" chart built into TradingView. Personally, I had enough Pine Script functionality.
For a complete understanding of how such a graph is built, you can refer to Steve Nison's book “BEYOND JAPANESE CANDLES” and see the instructions for creating a “Three-Line Breakthrough” chart (the number of lines for a breakthrough is three):
Rule 1: if today's price is above the base price (closing the first candle), draw a white line from the base price to the new maximum price (before closing).
or Rule 2: if today's price is below the base price, draw a black line from the base price to the new low of prices (before closing).
Rule 3: if today's price is no different from the base, do not draw any line.
Rule 4: if today's price rises above the maximum of the first line, shift to the column to the right and draw a new white line from the previous maximum to the new maximum of prices.
Rule 5: if the price is below the low of the first line, move one column to the right and draw a new black line down from the previous low to the new low of prices.
Rule 6: if the price is kept in the range of the first line, nothing is applied to the chart.
Rule 7: if the market reaches a new maximum, surpassing the maximum of previous lines, move to the column to the right and draw a new white line up to a new maximum.
Rule 8: if today's price is below the low of previous lines (i.e. there is a new low), move to the right column and draw a new black line down to a new low.
Rule 9: if the price is in the range of the first two lines, nothing is applied to the chart.
Rule 10: if there is a series of three white lines, a new white line is drawn when a new maximum is reached (even if it is only one tick higher than the old one). Under the same conditions, for drawing a black reversal line, the price should fall below the minimum of the series of the last three white lines. Such a black line is called a black reversal line. It runs from the base of the highest white line to a new low of price.
Rule 11: if there is a series of three black lines, a new black line is drawn when a new minimum is reached. Under the same conditions, for drawing a white line, called a white reversal line, the price must exceed the maximum of the previous three black lines. This line is drawn from the top of the lowest black line to a new high of the price.
So, the script was not small, but the idea is extremely simple: if you need to break n lines to build a line, then among these n lines (or less, if this is the beginning of the chart), the maximum or minimum of closures and openings will be searched. If the current candles closed above or below these highs or lows, then a new line is added to the chart on the current candles (trend or breakout). According to my observations, this script draws a chart that is completely identical to the Line Breakout chart built into TradingView, but of course with gaps, as there is time in the candles / bar chart. I stuffed all the logic into a wrapper in the form of the get_linebreak() function, which returns a tuple of OHLC values. And these series with the help of the plotcandle() annotation can be converted to the "Linear Breakthrough" chart. I also want to note that with a large number of candles on the chart, outrages about the buffer size uncertainty are heard from the TradingView black box. Because of this, in the annotation study() set the value to the max_bars_back parameter.
In general, use it (for example, to write strategies)!
CME Equity Futures Price Limits
Breakers for CME's futures contracts. Should work on CST/EST/UTC charts.
CME says it uses the last 30 seconds of the session to grab a reference price, so I took the open of the last session's candle because it's easier.
Out of session breakers: +/-5%
Limit downs: -7%/-13%/-20%
There are some minor nuances for the later part of the NY session but I don't really care to add that in right now.
Options:
- Input a manual reference price to override the selected price for accuracy.
- Show only the current/last session's limits. This breaks the in session limit down lines.
Live prices:
www.cmegroup.com
Month codes:
www.cmegroup.com
Reference:
www.cmegroup.com
It's best to check the last updated reference price to ensure it's correct.
Volume w/ Threshold and Editable MA PeriodJust a simple script that tweaks the original Volume one.
The purpose is creating a threshold which we'll use to put an alert on. This way, we can be notified whether Volume pumps.
Useful for spotting breakouts, breakdowns and pumps.
Threshold is simply a coeff * ma(volume,period). Coeff is editable as well.
Hope this helps!
Seismic Market Spike Detector v1.0 Seismic Market Spike Detector v1.0
This indicator helps identify spikes in market activity , typified by bars with extreme open / close or high / low prices.
This indicator plots 2 lines. The Blue line simply depicts extreme price movements with in that bar regardless of the initial opening price of the closing price of the bar. This allows you to get an insight into the current volatility of the price at that time in the market. Quite often big price swings with in bars are missed as people pend to tunnel vision on the open or close price - or other indicators derived from open / close.
The Red line is similar to the blue bar as it depicts extreme price movements with in the bar , but it will show the direction the market moved in by the close of the bar - and relatively how much the market moved. This is helpful for spotting breakout price action or short term spikes. Quite often after a breakout the market will restore itself to an equilibrium in the opposite direction. Sometimes this happens with an opposing aggressive spike , some times it makes a steady return to a known price level. Either way its a great time to place entry orders if you are looking to turn a fast profit or alternatively a good warning of forth coming price volatility.
Here are some tips for analysing the red and blue lines :
1)If the red line is pointing upwards , this indicates a sharp rise in the price.
2)If the red line is pointing downwards , this indicates a sharp fall in the price.
3)If the red line is flat but the blue line is spiked in either direction - this indicates the price was volatile with in the bar , but the price closed relatively near to the surrounding price bars. Perhaps a limit / stop triggered by this kind of activity - this is an easy way to determine why and re-enter.
4)If the red and the blue lines are flat - the price is steadily moving with a trend or trading sideways in a confined range.
Volume Edge Pro[wjdtks255]Volume Edge Pro: Indicator Description
Volume Edge Pro is an advanced volume analysis tool designed to identify institutional accumulation and significant supply levels. Unlike standard volume bars, this indicator categorizes trading volume into four distinct types based on price action and historical comparisons, helping traders spot high-probability breakout opportunities.
Key Components:
Blue Bars (PPV - Pocket Pivot Volume): Indicates institutional accumulation. It appears when up-day volume exceeds the highest down-day volume of the last 10 trading sessions.
Green Bars (RGV - Recent Green Volume): Represents strong buying pressure where up-day volume is higher than the 50-period moving average.
Red Bars (RRV - Recent Red Volume): Signifies heavy supply or selling pressure where down-day volume is higher than the 50-period moving average.
Grey Bars: Represents standard market volume without significant institutional involvement.
Trading Strategy (How to Trade)
1. Identifying Accumulation (The Base)
Look for multiple Blue Bars (PPV) during a consolidation phase or within a "base." This suggests that "Smart Money" is quietly accumulating shares without significantly driving up the price yet.
2. The Buy Signal
The ideal entry point is when the price breaks out of a consolidation resistance level, especially when the breakout is confirmed by a Blue (PPV) or Green (RGV) bar. The presence of PPV signals within the base increases the reliability of the breakout.
3. Overcoming Supply (The RRV Rule)
When a Red Bar (RRV) appears, it marks a level of "unconsumed supply."
Treat the high of the RRV candle as a resistance level.
A bullish reversal or continuation is confirmed only when the price reclaims the high of the RRV day or when subsequent PPVs/RGVs overwhelm the previous selling volume.
4. Risk Management
If a massive Red Bar (RRV) appears after a long uptrend and the price breaks below the prior support, it may indicate institutional distribution (selling), signaling a time to exit or tighten stop-losses.
MTF Candle Body Break WITH 20SMAMTF Candle Body Break WITH 20SMA: Complete Guide
This indicator is a professional-grade market environment analysis tool designed to synchronize "Market Structure" and "Momentum" across multiple timeframes (MTF).
1. Core Logic: Candle Body Break
Unlike traditional high/low breakouts that include wicks, this tool focuses exclusively on "Body Breaks" (Closing prices).
Logical Basis: Wicks often represent temporary noise. A closing price break signifies a genuine shift in market consensus.
Visualization: * Blue Lines: Bullish Structure.
Red Lines: Bearish Structure.
Gray/Black Lines: Historical breakout levels that often act as future Support or Resistance (S/R Flip).
2. Triple 20SMA System
The indicator automatically plots three generations of 20-period SMAs relative to your current chart.
Short-term (Black): 15-Min 20SMA (On a 1H chart). This acts as the "immediate support" for a strong trend.
Mid-term (Blue): Current TF 20SMA. The backbone of the trend.
Long-term (Red): Higher TF 20SMA. The major trend direction.
3. The Dashboard System (Three Components)
The right side of the screen features a three-part visual system to confirm trend alignment:
① Top-Right Panel: Long-Term Signal
Compares Daily (1D) and 4-Hour (4H) structure.
Blue: Both are bullish.
Red: Both are bearish.
② Middle-Right Bar: Momentum Signal (The "Final Filter")
This vertical bar represents the SMA 10/20 Sync.
Blue: The SMA 10 is above the SMA 20 on the 1-Hour chart. This indicates that short-term momentum is accelerating upward.
Red: The SMA 10 is below the SMA 20. This indicates downward acceleration.
Gray: No clear momentum (ranging or indecisive).
③ Bottom-Right Panel: Short-Term Signal
Compares 1-Hour (1H) and 15-Minute (15M) structure.
Blue: Both are bullish.
Red: Both are bearish.
4. Entry Signal: The "●" (Dot)
The "●" signal is the "Perfect Alignment" trigger. It appears when:
Long-term (Daily/4H) is aligned.
Short-term (1H/15M) is aligned.
Momentum (Middle Bar) is aligned.
When all these turn the same color, the "●" appears, signaling a high-probability trade.
日本語解説:完全版
このインジケーターは、**「相場の構造(実体ブレイク)」と「勢い(移動平均線の同期)」**を全時間軸で一致させ、高勝率なポイントを特定する環境認識ツールです。
1. 核心:実体ブレイク(Body Break)
ヒゲではなく、**「終値(実体)」**で高値・安値を更新した時のみをトレンド転換と見なします。
メリット: 突発的なヒゲによるダマシを排除し、真の構造変化を捉えます。
表示: 青ライン(上昇)、赤ライン(下落)。過去のラインはグレー(サポレジ転換の目安)として残ります。
2. 3本の20SMA
チャートの時間足に合わせて、自動で最適な3本のSMAを描画します。
短期(黒): 15分足20MA(1時間足チャート時)。今の勢いを表し、押し目買いの目印になります。
中期(青): 表示中の時間足の20MA。
長期(赤): 上位足の20MA。
3. 3つのダッシュボード(信号機)
右側に表示される3つのパーツが、トレードの「Go/No-Go」を判定します。
① 右上パネル:長期構造シグナル
日足と4時間足の構造を比較します。ここが「青」なら、大きな流れは上向きです。
② 右中央のバー:モーメンタム・シグナル(真ん中のテーブル)
1時間足のSMA10とSMA20の同期を表します。
青: SMA10 > SMA20(上昇加速中)
赤: SMA10 < SMA20(下落加速中)
役割: 構造が良くても、勢いが死んでいる(レンジ)時はエントリーを避けるための「最終フィルター」です。
③ 右下パネル:短期構造シグナル
1時間足と15分足の構造を比較します。ここが「青」に変わる瞬間が、エントリーの準備段階です。
4. エントリーサイン「●」
「長期・中期(真ん中のバー)・短期」すべての色が揃った瞬間にチャートに「●」が出現します。 すべての時間軸の投資家が同じ方向を向いた「完璧な同調」を示しており、最も期待値の高いエントリーポイントとなります。
False Breakdown Long Confirm (dropthoughcashin)// =============================================================================
// EN — Script Introduction
// Name: False Breakdown Long Confirm (dropthoughcashin)
// Timeframe: Designed for 5-minute charts (works on other TFs but tuned for 5m)
//
// What this script does:
// This indicator detects a “false breakdown” (liquidity sweep) below a support
// level, followed by a reclaim and a retest-hold confirmation. When confirmed,
// it prints a label and triggers the alert condition: dropthoughcashin.
//
// Core logic (3 steps):
// 1) Define the support level (Key Level):
// - Pivot mode: uses the latest confirmed pivot low as support.
// - Manual mode: uses your manually entered support level.
// 2) False breakdown + reclaim:
// - Price sweeps below support (low < support),
// - The sweep must be shallow (limited by ATR multiple or fixed points),
// - Then price reclaims: close back above the support.
// 3) Retest-hold confirmation (within N bars after reclaim):
// - Price retests near the support (low <= support + tolerance),
// - And closes at/above the support (hold),
// - If confirmed within the window, signal triggers once.
//
// Key parameters:
// - Max Penetration: filters out “deep breakdowns” you do NOT want.
// - Retest tolerance: how close price must retest the support.
// - Confirm within N bars: time limit to confirm after reclaim.
//
// Notes / Limitations:
// - Pivot support is lagging by design (pivot is confirmed after pLen bars).
// - This is a signal/alert tool, not a full trading strategy.
// =============================================================================
//
// 中文 — 脚本介绍
// 名称:False Breakdown Long Confirm(dropthoughcashin)
// 周期:主要为 5分钟K 设计(其他周期也能用,但默认参数以 5m 优化)
//
// 脚本作用:
// 本指标用于识别“假跌破(扫流动性/扫止损)”形态:价格先刺破支撑位,随后快速收回
// 并在短时间内回踩踩住,形成做多确认。确认后会在图上打标签,并触发提醒条件:
// dropthoughcashin。
//
// 核心逻辑(3步):
// 1) 定义支撑位(Key Level):
// - Pivot 模式:用最近确认的 pivot low(局部低点)作为支撑。
// - Manual 模式:用你手动输入的固定支撑价位。
// 2) 假跌破 + 收回(reclaim):
// - 价格最低点刺破支撑(low < 支撑),
// - 但下穿幅度必须“浅”(用 ATR 倍数或固定点数限制),
// - 随后收盘重新站回支撑上方(close > 支撑)。
// 3) 回踩踩住确认(retest-hold):
// - 在收回之后的 N 根K内,价格回踩到支撑附近(low <= 支撑 + 容忍),
// - 且收盘守住支撑(close >= 支撑),
// - 满足则触发一次信号与提醒。
//
// 关键参数说明:
// - Max Penetration(最大下穿深度):过滤掉“下穿太深”的破位,避免误触发。
// - Retest tolerance(回踩容忍范围):定义回踩要贴近支撑到什么程度。
// - Confirm within N bars(确认窗口):收回后限定多少根K内必须完成回踩确认。
//
// 注意事项:
// - Pivot 支撑位天然滞后(需要 pLen 根K确认后才成立),属于“稳但晚”的设计。
// - 该脚本是信号/提醒工具,不是完整的交易策略(不包含止损止盈与仓位管理)。
Order Blocks & Breaker BlocksOrder Blocks & Breaker Blocks
Enhance your trading with this advanced indicator that highlights Bullish and Bearish Order Blocks (OBs) and Breaker Blocks on any chart. It is designed to help traders quickly identify key supply and demand zones and potential reversal points with clear visual cues.
Key Features
Automatically highlights Bullish and Bearish OBs.
Detects Breaker Blocks when OB levels are violated, signaling potential trend shifts.
Fully customizable visuals:
Box and Breaker Box transparency
Line transparency, width, and style (Solid, Dashed, Dotted)
Option to calculate OBs using candle body or high/low.
Adjustable number of recent OBs displayed.
Recommended Settings by Timeframe
Timeframe Swing Lookback Show OBs Notes
5 min 10 3 For fast intraday trading and scalping.
15 min 12 3 For intraday trend analysis
1H 15 3 Ideal for intraday support/resistance and breakout detection.
4H 22 3 Captures stronger OBs for swing trades.
Daily 22 3 Highlights major supply and demand zones for trend trading.
Weekly 30 2 Focuses on long-term OBs for strategic analysis.
These values provide a good balance of accuracy and chart clarity across all timeframes.
Why Use This Indicator
Quickly visualize key supply and demand zones.
Identify potential reversals and breakout points.
Improve trade timing and risk management with enhanced visual clarity.
Works across all major timeframes, making it suitable for intraday, swing, and long-term traders.
Momentum & Breakout Confirmationwatch momentum build in real time on the current candle so you can confirm weather a breakout is indeed a breakout or will be a fake out. This is what it does
This is a Momentum & Breakout Confirmation (MBC) indicator that analyzes the current candle in real-time to determine if it's a strong continuation move or possible reversal. Here's the breakdown:
What It Measures:
Momentum Strength - How much % the candle moved:
STRONG = >0.5% move
MEDIUM = 0.2-0.5%
WEAK = <0.2%
Direction - Simply bullish (green candle) or bearish (red candle)
Four Confirmation Factors:
Volume Surge - Is volume 1.5x above the 20-period average?
Move Size - Is the candle body larger than 0.5x ATR (significant)?
Body Strength - Is the body >60% of total candle range (strong conviction, minimal wicks)?
Trend Aligned - Does it align with 9/21 MA trend direction?
The Scoring System:
Adds 1 point for each confirmation factor met (max 4 points)
3-4 points = "STRONG CONTINUATION" 🚀
2 points = "LIKELY CONTINUATION"
1 point = "WEAK SIGNAL"
0 points = "POSSIBLE REVERSAL" ⚠️
Key Difference from TPC:
TPC uses multi-timeframe SuperTrend for strategic entries
MBC focuses on the current candle only - it's asking "Is THIS candle showing real momentum or is it weak/fake?"
Practical Use:
Great for confirming if a breakout or move is "real" with strong conviction behind it, or if it's low-volume/weak-bodied and likely to fail. The table updates live so you can watch momentum build during the candle formation.
Hope it helps. if you guys have any ideas for any indicators you want made please feel free to dm me as i like a good challenge lol ill sit here and try to code anything now im not saying i will be 100 percent successful but i will try for you, thanks for all the support from all you guys i def do appreciate it.
Trinity Bollinger Bands Pro with BreakoutsTrinity Bollinger Bands Pro Indicator
The **Trinity Bollinger Bands Pro + Triple Bands & Expansion** is a highly customized, advanced volatility and breakout indicator built on the classic Bollinger Bands framework. It expands the standard single-pair bands into **three independent deviation levels** (typically 1σ, 2σ, and 3σ) around a user-selectable moving average basis (default EMA 20). This creates clear "zones" of volatility, with dynamic trend-based coloring, layered fills, fixed-style labels, and a statistical volatility expansion detector shown as a directional background highlight in a separate pane. The result is a visually intuitive tool that helps traders identify consolidation, building momentum, confirmed trends, and rare explosive moves with high-probability filtering.
### Why It's Good and Different from Standard Indicators
This indicator stands out by addressing common limitations of traditional Bollinger Bands and multi-deviation scripts:
- **Layered statistical significance**: Unlike single (2σ) or basic double-band setups, it provides three distinct levels—early momentum (1σ), standard confirmation (2σ), and extreme/rare breakouts (3σ)—making it easier to stage trades progressively rather than relying on one ambiguous cross.
- **Trend-aware visuals**: Bands, basis, and fills change color based on price position relative to a separate trend MA, giving immediate bullish/bearish bias without needing additional indicators.
- **Clean, fixed labels**: Tiny, arrow-pointing labels ("1/2/3 SD Above/Below", "BB Basis") with consistent colors (purple upper, blue lower, yellow basis) provide instant identification
- **Statistical expansion detection**: Uses percentile ranking of band width "bell curve" concept" to identify abnormally high volatility, triggering directional background highlights (green bullish, red bearish) earlier than raw width spikes.
- **Reduced noise and fakeouts**: Tiered breakouts + expansion filter focus alerts on high-probability moves, unlike most BB scripts that flood signals on every touch.
Compared to popular public scripts (e.g., standard Bollinger Bands, Triple BB variants, or separate BBW Percentile tools), this combines everything into one cohesive indicator with superior visual clarity and statistical rigor.
### Key Features
- **Triple customizable bands**: Enable/disable and adjust multipliers for 1σ (early), 2σ (confirmed), 3σ (extreme) deviations.
- **Trend-based dynamic coloring**: Separate editable colors for each band set (bullish/bearish).
- **Layered zone fills**: Colored between bands with transparency, reflecting current trend.
- **Fixed tiny labels**: All left-pointing arrows with purple (upper), blue (lower), yellow (basis) backgrounds for quick reference.
- **Statistical expansion overlay**: with directional background (green/red) during extreme volatility expansions (earlier trigger using 2σ width).
- **Tiered alerts**: Early (Band 1), Confirmed (Band 2), Extreme (Band 3), High-Probability (Extreme + expansion), and general expansion alerts.
- **Fully configurable basis**: Length, type (SMA/EMA/WMA/RMA), and thin fixed lines for minimal clutter.
### How Traders Can Use It
- **Spot squeezes and breakouts**: Watch for tight bands (low width) → expansion background → price closing outside Band 1 (early entry), Band 2 (add/confirm), Band 3 (strong trend conviction).
- **Filter fakeouts**: Only act on crosses accompanied by expansion background color matching trend direction—dramatically reduces whipsaws.
- **Trend riding**: Price "walking" colored bands (e.g., hugging upper purple-label bands in green background = strong bullish momentum).
- **Scalping/intraday**: On lower timeframes (e.g., 10min), use early Band 1 signals with expansion for quick moves.
- **Swing/position trading**: Wait for Band 3 extreme breakout + colored background for higher-probability, larger moves.
- **Risk management**: Place stops near basis or inner band; trail using outer bands during expansions.
Overall, this indicator excels at turning volatility into actionable, staged signals with visual simplicity—ideal for traders seeking an edge in identifying real explosive trends over noise. It's particularly powerful on volatile stocks like AMD/INTC or indices during news/events.
Opening Range Breakout with VWAP & RSI ConfirmationThis indicator identifies breakout trading opportunities based on the Opening Range Breakout (ORB) strategy combined with intraday VWAP and higher timeframe RSI confirmation.
Opening Range: Calculates the high, low, and midpoint of the first 15 or 30 minutes (configurable) after your specified market open time.
Intraday VWAP: A volume-weighted average price calculated manually and reset daily, tracking price action throughout the trading day.
RSI Confirmation: Uses RSI from a user-selected higher timeframe (1H, 4H, or Daily) to confirm signals.
Buy Signal: Triggered when VWAP breaks above the Opening Range High AND the RSI is below or equal to the buy threshold (default 30).
Sell Signal: Triggered when VWAP breaks below the Opening Range Low AND the RSI is above or equal to the sell threshold (default 70).
Visuals: Plots Opening Range levels and VWAP on the chart with clear buy/sell markers and optional labels showing RSI values.
Alerts: Provides alert conditions for buy and sell signals to facilitate timely trading decisions.
This tool helps traders capture momentum breakouts while filtering trades based on momentum strength indicated by RSI.
Previous Day Week Month Highs & Lows [MHA Finverse]Previous Day Week Month Highs & Lows is a comprehensive multi-timeframe indicator that automatically plots previous period highs and lows across Daily, Weekly, Monthly, 4-Hour, and 8-Hour timeframes. Perfect for identifying key support and resistance levels that often act as magnets for price action.
How It Works
The indicator retrieves the highest high and lowest low from the previous completed period for each selected timeframe. Lines extend forward into current price action, allowing you to see when price approaches or breaks these critical levels in real-time. The indicator tracks the exact bar where each high and low occurred, ensuring accurate historical placement.
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Key Features
Multi-Timeframe Levels:
• Current Daily, Previous Daily, 4H, 8H, Weekly, and Monthly highs/lows
• Fully customizable colors and line styles (Solid, Dashed, Dotted)
• Adjustable line width and extension length
Visual Enhancements:
• Price labels showing exact level values
• Range position percentage (distance from high/low)
• Optional period boxes highlighting timeframe ranges
• Day and date labels for reference
Trading Tools:
• Breakout markers when price crosses key levels
• Touch count tracking (how many times price tested each level)
• Time at level display (consolidation detection)
• Customizable thresholds for touch and time analysis
Alert System:
• Individual alerts for each timeframe: Daily High/Low Break, 4H High/Low Break, 8H High/Low Break, Weekly High/Low Break, Monthly High/Low Break
• Toggle switches to enable/disable alerts per timeframe
• Clear messages showing which level was broken and at what price
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How to Use
Setup:
1. Enable your preferred timeframes in "Highs & Lows MTF" settings
2. Customize colors and styles to match your chart
3. Turn on visual features like price labels and range percentages
4. Set up alerts by creating specific alert conditions or using toggle switches
Trading Applications:
Breakout Trading: Watch for strong momentum when price breaks above previous highs or below previous lows
Support/Resistance: Use these levels as potential reversal points for entry/exit signals
Range Trading: Trade between previous highs and lows using the range position indicator
Stop Loss Placement: Place stops just beyond previous highs (shorts) or lows (longs)
Multiple Timeframe Confirmation: Combine timeframes for stronger signals (e.g., Daily near Weekly support)
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Best Practices
• Use Weekly/Monthly for swing trading, Daily/4H/8H for day trading
• Combine with volume or momentum indicators for confirmation
• Multiple timeframe levels clustering together create high-probability zones
• The more touches a level has, the more significant it becomes
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Disclaimer
This indicator is a technical analysis tool for identifying price levels based on historical data. It does not guarantee profits or predict future movements. Trading involves substantial risk. Always use proper risk management and never risk more than you can afford to lose.
specific breakout FiFTOStrategy Description: 10:14 Breakout Only
Overview This is a time-based intraday trading strategy designed to capture momentum bursts that occur specifically after the 10:14 AM candle closes. It operates on the logic that if price breaks the high of this specific candle within a short window, a trend continuation is likely.
Core Logic & Rules
The Setup Candle (10:14 AM)
The strategy waits specifically for the minute candle at 10:14 to complete.
Once this candle closes, the strategy records its High price.
Defining the Entry Level
It calculates a trigger price by taking the 10:14 High and adding a user-defined Buffer (e.g., +1 point).
Formula: Entry Level = 10:14 High + Buffer
The "Active Window" (Expiry)
The trade setup does not remain open all day. It has a strict time limit.
By default, the setup is valid from 10:15 to 10:20.
If the price does not break the Entry Level by the expiry time (default 10:20), the setup is cancelled and no trade is taken for the day.
Entry Trigger
If a candle closes above the Entry Level while the window is open, a Long (Buy) position is opened immediately.
Exits (Risk Management)
Stop Loss: A fixed number of points below the entry price.
Target: A fixed number of points above the entry price.
Visual & Automation Features
Visual Boxes: Upon entry, the strategy draws a "Long Position" style visual on the chart. A green box highlights the profit zone, and a red box highlights the loss zone. These boxes extend automatically until the trade closes.
JSON Alerts: The strategy is pre-configured to send data-rich alerts for automation (e.g., Telegram bots).
Entry Alert: Includes Symbol, Entry Price, SL, and TP.
Exit Alerts: Specific messages for "Target Hit" or "SL Hit".
Summary of User Inputs
Entry Buffer: Extra points added to the high to filter false breaks.
Fixed Stop Loss: Risk per trade in points.
Fixed Target: Reward per trade in points.
Expiry Minute: The minute (10:xx) at which the setup becomes invalid if not triggered.
CODY BOT – Breakout SignalsCODY BOT is a minimalist, high-probability breakout indicator designed to keep your chart clean while highlighting actionable trading opportunities.
Unlike traditional indicators that generate too many signals, CODY BOT only alerts you to strong directional moves following consolidation, helping you focus on high-quality entries.
Key Features:
Detects breakouts above recent highs and below recent lows.
Filters weak moves using minimum candle body size.
Includes a cooldown period to prevent signal spam.
Clean and intuitive visual signals with large arrows for easy interpretation.
Optional customization for consolidation lookback bars, minimum candle size, and arrow visibility.
Alerts built-in for server-side and mobile notifications.
How to Use:
Look for BUY arrows when price breaks above consolidation highs.
Look for SELL arrows when price breaks below consolidation lows.
Combine with your preferred risk management and trend confirmation strategies.
Baba-pro EMA Break Sniper This indicator is designed to provide high-precision entries based on the interaction between EMAs, momentum, and clean price breaks.
Instead of relying on traditional EMA crossovers — which are often too slow — this tool focuses on direct EMA breakouts, allowing you to catch moves before most traders even react.
Low Volatility Breakout + TP/SL Levels█ OVERVIEW
"Low Volatility Breakout + TP/SL Levels" is a breakout indicator designed to detect and trade breakouts from periods of low volatility (consolidation). Unlike classic strategies based on fixed support/resistance levels, this indicator dynamically identifies consolidations characterized by small candle bodies and only generates a signal when the breakout occurs with a large, decisive candle. It also automatically plots 3 Take Profit levels and a Stop Loss (with two calculation modes), making it a complete breakout trading tool.
█ CONCEPTS
The strongest market moves most often start after a prolonged period of very low volatility — when candles become small and the market "falls asleep". The indicator first detects such consolidations (small bodies for at least X bars), draws a box around them, and then waits for a breakout with a candle significantly larger than the average. Additional filters (e.g., the box height cannot exceed the average candle body by too much) eliminate false consolidations and volatility traps. Immediately after the breakout, TP1, TP2, TP3, and SL levels are plotted.
█ FEATURES
Dynamic detection of low-volatility consolidations
- candles with small bodies (< average body × consolidationMultiplier)
- minimum number of bars in consolidation: confirmBars (default 5)
Automatic drawing of consolidation boxes
- green (bullish) or red (bearish) with transparent background (85)
- adjustable border thickness (border_width 1–5)
- box height filter (boxHeightMultiplier, default 6.0 × average body) – removes overly stretched/false consolidations
Breakout conditions
- current candle must be larger than average body × threshold (default 1.5)
- must be the largest candle in the entire consolidation
- must close above the highest high (long) or below the lowest low (short)
Breakout signals
- small green triangles below the bar (long)
- small red triangles above the bar (short)
Automatic Take Profit and Stop Loss levels (drawn 5 bars forward)
- two calculation modes:
• Candle Multiplier – based on average true range (high-low) over tp_sl_length period
• Percentage – fixed percentage from breakout close price (percentages must be manually adjusted to the asset and timeframe)
- 3 TP levels (default 2×, 3×, 4× or 2%, 3%, 4%)
- 1 SL level (default 2× or 1.5%)
Live TP/SL price table (top-right corner)
- displays exact current values of SL, TP1, TP2, TP3 immediately after each new signal
- colors identical to drawn lines (red background for SL, green for TP levels)
- updates automatically with every new breakout
Built-in alerts
- “Bullish Breakout Alert” and “Bearish Breakout Alert”
█ HOW TO USE
Add the indicator to your TradingView chart → Indicators → search “Low Volatility Breakout + TP/SL Levels”.
After each valid breakout you will immediately see:
- the colored box
- signal triangle
- horizontal TP/SL lines
- updated table in the top-right corner showing precise price levels for the current trade
Key settings to adjust:
Consolidation Settings
- Volatility Window (length) – period for average body calculation (default 20)
- Consolidation Multiplier – how small bodies must be to count as consolidation (default 2.0)
- Breakout Multiplier – minimum size of breakout candle (default 1.5)
- Box Height Multiplier – maximum allowed box height (default 6.0)
- Min Consolidation Bars – minimum bars required (default 5)
Risk Management Settings
- Choose TP/SL mode: Candle Multiplier or Percentage
- Adjust TP1–3 and SL multipliers/percentages to match your risk management style
Signal interpretation:
- Green triangle below bar + green box + green TP levels in table = long signal
- Red triangle above bar + red box + red SL level in table = short signal
- Boxes remain on chart until broken — they highlight accumulation/distribution zones
█ APPLICATIONS
- Trading breakouts from consolidation on all markets and timeframes
- Recommended to trade in the direction of the higher-timeframe trend or with additional confirmations (e.g., key level breaks). Aggressive mode (trading both directions) is also possible — provided box and TP/SL settings are properly optimized
- Experiment with different TP/SL ratios — higher reward-to-risk setups (e.g., SL 1×, TP3 6–8×) with lower win rate are often more profitable in the long run
- Strongly encourage testing various box parameters (consolidationMultiplier, boxHeightMultiplier, confirmBars) — small changes can dramatically affect signal frequency and quality
█ NOTES
Always test and optimize parameters for the specific instrument and timeframe.
MTF Checklist DashboardMTF Checklist Dashboard
Overview
The MTF Checklist Dashboard is an advanced multi-timeframe analysis tool that provides traders with a comprehensive visual dashboard to analyze market conditions across six customizable timeframes simultaneously. This indicator combines multiple technical analysis methods, including Opening Range Breakouts (ORB), VWAP, EMAs, and daily price levels, to generate high-probability confluence-based trading signals.
Unlike traditional single-timeframe indicators, this dashboard displays all critical information in one organized table, allowing traders to instantly identify when multiple timeframes align for optimal entry and exit opportunities.
Key Features
Multi-Timeframe Analysis
Analyzes up to 6 timeframes simultaneously (default: 1m, 5m, 15m, 30m, 1h, 4h)
Fully customizable timeframe selection via comma-separated input
Color-coded cells for instant visual recognition (green=bullish, red=bearish, yellow=neutral)
Technical Indicators Tracked
Current and previous candle direction
Opening Range Breakout (ORB) positioning with custom period
VWAP relationship (above/below)
200 EMA positioning
Daily and previous day high/low proximity
EMA crossovers (9 vs 21, both vs 200)
Advanced Signal Filtering System
Confluence scoring: Requires multiple timeframes to align (3-6 timeframes)
Higher timeframe confirmation: Ensures 30m/1h/4h agreement
Volume filter: Confirms signals with above-average volume (1.5x default)
ATR volatility filter: Validates sufficient market movement
Session timing: Restricts signals to optimal trading hours (EST)
Momentum confirmation: Requires recent directional strength
Range positioning: Blocks signals near daily extremes
Candle strength: Validates strong directional candles (60%+ body ratio)
Visual Signals
Optional entry arrows (above/below bars)
Background color highlighting
Organized dashboard with real-time price levels
ORB range, current day, and previous day summary rows
Alert Conditions
JSON-formatted alerts for automated trading integration
Separate alerts for long entry, short entry, long exit, and short exit
Compatible with webhook automation systems
How To Use
Dashboard Interpretation
The dashboard displays a color-coded table with the following columns:
TF: Timeframe being analyzed
C: Current candle (Green=bullish, Red=bearish)
P: Previous candle (Green=bullish, Red=bearish)
ORB: Opening Range Breakout position (A=Above, B=Below, W=Within)
VWAP: Price vs VWAP (A=Above, B=Below)
E200: Price vs 200 EMA (A=Above, B=Below)
D Hi/Lo: Proximity to current day high/low (Hi/Lo/Mid)
PD Hi/Lo: Proximity to previous day high/low (Hi/Lo/Mid)
9 vs 21: EMA 9 vs EMA 21 relationship (A=9 above 21, B=9 below 21)
9&21 v200: Both EMAs vs 200 EMA (>>=both above, <<=both below, <>=mixed)
Signal Generation
Long Entry Signal triggers when:
Minimum number of timeframes show bullish alignment (default: 5 of 6)
Higher timeframes (30m/1h/4h) confirm direction (default: 2 of 3)
Price breaks above ORB high with sufficient distance
Volume exceeds average by specified multiplier
ATR shows adequate volatility
Trade occurs during optimal session hours
Recent momentum is upward
Price not too close to daily high
Strong bullish candle forms
Short Entry Signal uses opposite conditions
Exit Signals trigger when opposing timeframe confluence reaches threshold (default: 3 timeframes)
Recommended Workflow
Select your asset and primary trading timeframe
Observe the dashboard - Look for rows showing mostly green (bullish) or red (bearish)
Wait for alignment - The indicator will show arrows when confluence requirements are met
Check the bottom rows - Review ORB levels and daily ranges for context
Set alerts - Enable TradingView alerts using the built-in alert conditions
Manage risk - Use appropriate position sizing and stop losses based on ORB range or daily ATR
Settings Guide
Basic Settings
Timeframes: Enter comma-separated values (e.g., "1,5,15,30,60,240")
Show Header: Toggle column headers on/off
ORB Minutes: Set opening range period (default: 15 minutes)
Near % for daily highs/lows: Define proximity threshold (default: 0.20%)
Use close for comparisons: Compare using close vs current price
Dashboard Position: Choose from 9 screen positions
Confluence Filters
Minimum Timeframes Aligned: Set required confluence (3-6, default: 5)
Require Higher Timeframe Confirmation: Toggle HTF requirement on/off
Min Higher Timeframes: Specify HTF agreement needed (1-3, default: 2)
Volume Filter
Volume Confirmation: Enable/disable volume filtering
Volume vs Average: Set multiplier threshold (default: 1.5x)
Volume Average Length: Period for volume average (default: 20 bars)
Volatility Filter (ATR)
Volatility Filter: Enable/disable ATR confirmation
ATR Length: Calculation period (default: 14)
Min ATR vs Average: Required ATR level (default: 0.5x = 50%)
ORB Filters
ORB Breakout Distance Required: Toggle distance requirement
Min Breakout % Beyond ORB: Additional breakout threshold (default: 0.10%)
Session Filter
Trade Only During Best Hours: Enable time-based filtering
Session 1: First trading window (default: 0930-1130 EST)
Session 2: Second trading window (default: 1400-1530 EST)
Momentum Filter
Recent Momentum Required: Enable directional momentum check
Lookback Bars: Period for momentum comparison (default: 3 bars)
Daily Range Filter
Block Signals Near Daily Extremes: Prevent entries at extremes
Distance from High/Low %: Minimum distance required (default: 2.0%)
Candle Filter
Strong Directional Candle: Require candle strength
Min Candle Body %: Body-to-range ratio threshold (default: 60%)
Visual Signals
Show Entry Signals: Master toggle for visual signals
Show Arrows: Display entry arrows on chart
Background Color: Enable background highlighting
Best Practices
Start with default settings and adjust based on your trading style and asset volatility
Higher confluence requirements (5-6 timeframes) produce fewer but higher-quality signals
Enable all filters for conservative trading; disable some for more frequent signals
Use the dashboard as confirmation alongside your existing trading strategy
Backtest on your specific instruments before live trading
Consider market conditions—trending vs ranging markets may require different settings
Alerts
This indicator includes four alert conditions with JSON formatting for webhook integration:
Long Entry Signal: Triggers when all long conditions are met
Short Entry Signal: Triggers when all short conditions are met
Long Exit Signal: Triggers when opposing confluence reaches exit threshold
Short Exit Signal: Triggers when opposing confluence reaches exit threshold
Alert messages include ticker symbol, action (buy/sell), price, and quantity for automated trading systems.
Important Notes
This indicator works best on liquid instruments with clear price action
Highly volatile markets may require adjusted ATR and ORB distance settings
Session times are in EST timezone—adjust if trading non-US markets
The ORB calculation requires sufficient price history for the day
Signals are generated in real-time but should be confirmed at candle close
Limitations
Maximum of 6 timeframes can be analyzed due to TradingView's security call limits
ORB calculations may not work correctly on instruments with gaps or irregular sessions
The indicator is most effective during regular market hours when volume and volatility are adequate
Lower timeframes (1m, 5m) may produce more false signals in choppy conditions
License
Mozilla Public License 2.0 (MPL-2.0)
This indicator is licensed under the Mozilla Public License 2.0. You are free to use, modify, and distribute this code under the terms of the MPL-2.0. The full license text is available at mozilla.org
Key license provisions:
You may use this code commercially
You may modify and distribute modified versions
Modified versions must be released under the same license
You must include the original license notice in any distributions
No trademark rights are granted
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Trading involves substantial risk of loss. Always:
Practice proper risk management
Test thoroughly on paper/demo accounts before live trading
Use appropriate position sizing
Never risk more than you can afford to lose
Consult with a financial advisor for personalized advice
The creator assumes no liability for trading losses incurred using this indicator.
Version: 2.0
Pine Script Version: v6
Author: © EliasVictor
MOMO – Imbalance Trend (SIMPLE BUY/SELL)MOMO – Imbalance Trend (SIMPLE BUY/SELL)
This strategy combines trend breaks, imbalance detection, and first-tap supply/demand entries to create a clean and disciplined trading model.
It automatically highlights imbalance candles, draws fresh zones, and waits for the first retest to deliver precise BUY and SELL signals.
Performance
On optimized settings, this strategy shows an estimated 57%–70% win-rate, depending on the asset and timeframe.
Actual performance may vary, but the model is built for consistency, discipline, and improved decision-making.
How it works
Detects trend structure shifts (BOS / Break of Trend)
Identifies displacement (imbalance) candles
Creates supply and demand zones from imbalance origin
Waits for first tap only (no second chances)
Confirms direction using trend logic
Generates clean BUY/SELL arrows
Automatic SL/TP based on user settings
Features
Clean BUY/SELL markers
Auto-drawn supply & demand zones
Trend break markers
Imbalance tags
Smart first-tap confirmation
Customizable stop loss & take profit
Works on crypto, gold, forex, indices
Best on M5–H1 for day trading
Note
This strategy is designed for day traders who want clarity, structure, and zero emotional trading.
Use it with discipline — and it will serve you well.
Good luck, soldier.






















