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Support-Resistance breakoutStrategy based on longing resistance breakout and shorting support breakout. It defines highs and lows using fractal with 2 bars for confirming high/lows. So it has 2 bars lag. It calculates the difference between sma with defined length (21 by default) of highs and of lows and uses it as alt SR level. This idea I took from synapticEx's indicator Nebula-Advanced-Dynamic-Support-Resistance. Position enter is the breakout of SR, defined by fractals. Position exit is: bar change in opposite to position direction > difference is sma of highs and of lows.
Pine Script® strategy
by pmk07
22
Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades. It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows. The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend. I hope this indicator will be useful for many traders! Thank you!
Pine Script® indicator
by rasantos
3
VWAP Stdev BandsCurrent price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script. Breakout trades can be taken based on the previous day's VWAP and it's deviations. One can say that the stock has experienced breakout if current price crosses the fourth deviation of the previous day's VWAP or price bounces off that level, the price movement will be rapid if this occurs providing a good trading opportunity with low risk-reward ratio.
Pine Script® indicator
by dbdecoy
1
Two Bar Break Line Alerts R1.0 by JustUncleLThis indicator with default settings is designed for BINARY OPTIONS trading. The indicator can also be used for Forex trading with some setting changes. The script shows Two Bar Pullback Break lines and alerts when those Break lines are Touched (broken) creating a short term momentum entry condition. For a Bullish Break (Green Up Arrow) to occur: first must have two (or three) consecutive bear (red) candles which is followed by a bull (green) candle creating a pivot point. The breakout occurs then the High of the current Bull (green) exceeds the highest point of the previous two (or three) pivotal bear candles. The green channel Line shows where the current Bullish BreakOut occurs. For a Bearish Break (Red Down Arrow) to occur: first must have two (or three) consecutive bull (green) candles which is followed by a bear (red) candle creating a pivot point. The breakout occurs when the Low of the current Bear (red) drops below the lowest point of the previous two (or three) pivotal Bull candles. The red channel Line shows where the current Bearish BreakOut occurs. The break Line Arrows can optionally be filtered by the Coloured MA (enabled by default), a longer term directional MA (disabled by default) and/or a MACD condition (enabled by default) as a momentum filter. You can optionally select three Bar break lines instead of two. The three bar break lines are actually equivalent to Guppy's Three Bar Count Back Line method for trade entries (see Guppy's video reference below). Included in this indicator is an ability to display some basic Binary Option statistics, when enabled (enabled by default) it shows Successful Bars in Yellow and failed Bars in Black and the last Nine numbers on the script title line represent the Binary option Statistics in order: %ITM rate Total orders Successful Orders Failed Orders Total candles tested Candles per Day Trades per Day Max Consecutive Wins Max Consecutive Losses You can start the Binary Option statistics from a specific Date, which is handy for checking more recent history. HINTS: BINARY OPTIONS trading: use 5min, 15m, 1hr or even Daily charts. Trade after the price touches one of the Breakout lines and the Arrow first appears. Wait for the price to come back from Break Line by 1 or 2 pips, the alert arrow must stay on and candle change to black, then take Binary trade expiry End of Candle. If price pull back and arrow turns off, don't trade this candle, move on you probably don't have momentum, there will be plenty of other trigger events. The backtesting results are good with ITM rates 65% to 72% on many currency pairs, commodities and indices. Realtime trading has confirmed the backtesting results and they could even be bettered, provided you are selective on which signals to trade (strong MACD support etc), that you are patient and disciplined to this trading method. FOREX trading: the default settings should work with scalping. For longer term trades try with settings change to a more standard MACD filter or slower to catch the longer term momentum swings and the idea would be to trade the first Break Line alert that occurs after a decent Pullback in the direction of the trend. Setting the SL to just above/below the Pivot High/Low and set target to two or three times SL. References: "Fundamentals of Price Action Trading for Forex, Stocks, Options and Futures" video: www.youtube.com Other videos by "basecamptrading" on Naked Trading. "Taking Profits in Today's Market by Daryl Guppy" video: www.youtube.com
Pine Script® indicator
by JustUncleL
23
Line Break StrategyLine Break Strategy Entry rule: Long on a bullish line and short on a bearish line. Backtest: Profit factors are shown below for three-line break. Daily time frame, FXCM broker. EURUSD: 1.267, USDJPY: 1.039, GBPUSD: -0.816, AUDUSD: -0.959 S&P500: -0.783, Nikkei225: 1.099 CrudeOil: 1.03, Gold: 1.196 BTCUSD: -0.883 Reference: Steve Nison, Beyond Candlesticks - New Japanese Charting Techniques Revealed Note: This strategy doesn't work properly on the linebreak chart. A good example is shown below. The entry prices are not always correct. If you have signal, but the next candle moves in the opposite direction, the entry price is drawn at the Open of the new candle instead of the Close of the previous candle. The results of backtest are unreliable due to this reason.
Pine Script® strategy
by Mizuki32
8
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million. A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day. The formula worked so well…Owen charged other Traders 1K to get it. I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low. While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low. Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out. ***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts. ***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Pine Script® indicator
by ChrisMoody
45
Compression-to-Expansion Early Warning (CEEWS)The Compression → Expansion Early Warning System (CEEWS) is a volatility-structure and market-timing indicator designed to identify periods of statistical price compression and to signal when that compression transitions into directional expansion. Rather than predicting direction in advance, CEEWS focuses on detecting when price action becomes tightly constrained and then confirms when stored energy begins to release. CEEWS quantifies compression using a composite of volatility contraction, range tightening, candle overlap, and reference-level convergence, producing a normalized Build score (0–100) that reflects the degree of latent price pressure. Elevated Build values indicate that the market is coiled and increasingly susceptible to movement, while expansion signals occur only when volatility begins to expand and price breaks from its recent range. The indicator is intended as a timing and transition tool, not a standalone trend or directional system. CEEWS is most effective when paired with broader regime or trend-health indicators and is particularly well suited for index funds and highly liquid markets, where prolonged consolidation phases often precede sharp directional moves. Its primary purpose is to help traders identify when the market is likely to move, not to forecast where it will go.
Pine Script® indicator
by noahsross
Momentum Pro (Tuned v6)Momentum Pro (Tuned v6) is an intraday momentum strategy designed to capture high-quality continuation moves while aggressively filtering out chop and low-participation setups. It combines trend alignment, volume confirmation, momentum strength, and volatility-based risk control into a single rules-driven system. The strategy is optimized for 1–5 minute charts on liquid stocks and ETFs and is intended for short-term trading, not mean reversion or scalping. Momentum Pro requires price to be above session VWAP and EMA(8) to be above EMA(18), ensuring trades align with the dominant intraday trend. Momentum quality is confirmed using the MACD histogram and an RSI entry band that favors strength without chasing overextended moves. Relative Volume must exceed a strict threshold to ensure real participation, and ADX is used to avoid low-trend, choppy conditions. Entries occur only on confirmed breakouts above recent highs, reducing false signals during consolidation. Risk is managed using an ATR-based stop that adapts to volatility, paired with a fixed reward-to-risk profit target to enforce positive expectancy. Optional early exits are included to protect profits if momentum fades or price loses VWAP. This strategy is not predictive and does not attempt to call tops or bottoms. It is designed to trade only when multiple conditions align, favoring fewer, higher-quality trades over frequency. It works best when used with a higher-timeframe market bias and strict risk discipline.
Pine Script® strategy
by NetJacobsson
AlphaStrike: Zen ModeDescription: 1. The Philosophy: Reducing Cognitive Load Modern charts are often cluttered with dozens of noisy lines (Bollinger Bands, Moving Averages, Oscillators) that lead to "Analysis Paralysis." This script is designed with a "Zen" philosophy: P rocess the complexity in the background, but display only the decision. This is not a simple indicator overlay. It is a Risk-Based Trading Engine that runs multiple validation checks (Momentum, Volatility, and Price Action) simultaneously but hides the underlying calculations to keep the chart clean. It focuses the trader's attention on the two things that matter most: Trend Direction and Position Sizing. 2. The "Invisible" Technical Engine The script operates on a Dual-State Logic system that adapts to market conditions. It uses standard indicators as filters, not just visuals. A. Trend State (The Backbone) The script calculates a volatility-adjusted Trend Baseline (SuperTrend). Green State: The market is in a markup phase. The script looks for continuation. Red State: The market is in a markdown phase. The script looks for defense. B. The "Confluence" Reversal Logic Instead of cluttering the screen with Bollinger Bands and RSI windows, the script performs these checks internally: Condition 1 (Volatility): Is price extending beyond the 2.0 Standard Deviation (Bollinger Lower/Upper)? Condition 2 (Momentum): Is RSI overextended (<35 or >65)? Condition 3 (Price Action): Is there a specific Pin Bar candle pattern (Long wick rejection)? Result: Only when all three conditions align does the script print a "Reversal Circle." This filters out weak signals that usually occur in strong trends. 3. The Risk Management Calculator (Key Feature) Most traders fail not because of bad entries, but because of inconsistent sizing. This script features a built-in Dynamic Position Sizing Dashboard located in the bottom right. Adaptive Stop Loss: In a Trend: The Stop Loss is automatically set to the Trend Line (SuperTrend). In a Reversal: The script internally scans for the nearest Swing Low/High (using hidden Pivot calculations) and sets the Stop Loss there. Position Sizing Math: The dashboard reads your Account Size and Risk % inputs. It instantly calculates the "Max Size" (contract/share amount) allowed for the current trade. Formula: Position Size = (Account Value * Risk %) / Distance to Stop. Benefit: This ensures you risk the exact same dollar amount on every trade, whether the stop loss is 1% away or 10% away. 4. How to Read the Signals Triangles (Breakouts): These represent a shift in the dominant trend direction. Green Triangle: Bullish Trend Start. Red Triangle: Bearish Trend Start. Circles (Mean Reversion): These are high-probability counter-trend plays. Blue Circle: Buy Reversal (Oversold + Pinbar + Bollinger Support). Orange Circle: Sell Reversal (Overbought + Pinbar + Bollinger Resistance). 5. Settings Trend Settings: Adjust the ATR Period and Factor to change the sensitivity of the trend line. Reversal Settings: Tweak the RSI and Bollinger thresholds to filter out more/less signals. Risk Management: Input your total Account Size and desired Risk Per Trade (e.g., 1%) to calibrate the Dashboard. Disclaimer This tool provides algorithmic analysis and risk calculations. It does not guarantee profits or provide financial advice. Always verify position sizes before executing.
Pine Script® indicator
by KIRI7077
1
Yield Spread [Breakout Fixed]This is an indicator used to view interest rate spread（mainly 5-year yield spread）. It simply draws a Turtle Channel breakout (a channel of the highest high and lowest low over the past X days). The logic behind this indicator is that interest rate differentials serve as an important reference for global capital in currency trading. A very famous example is the Yen carry trade. If the interest rate of a currency pair breaks out ahead of its price chart, it might be worth considering the broader macro trend. (Of course, this isn’t always accurate—it’s just for reference.) The main data source is from TradingView. 这是一个用来查看利率差的指标。简单的画了海龟突破（过去X天最高和最低的通道） 这个指标的逻辑是，利率差是全球资金对于外汇交易的重要参考。非常著名的就是日元套息交易。如果一个货币对的利率先于图形突破了，那可能得思考一下宏观大方向。（当然这不一定对，只是参考） 主要用的数据源是tradingview上面找的。
Pine Script® indicator
by Lex_Y
Stock Breakout (Liquidity + Breakout)//@version=5 indicator("Stock Breakout (Liquidity + Breakout)", overlay=true) // ===== Inputs ===== lenRange = input.int(20, "Consolidation Length") lenVol = input.int(20, "Volume MA") lenMFI = input.int(14, "MFI Length") // ===== Indicators ===== rangeHigh = ta.highest(high, lenRange) volMA = ta.sma(volume, lenVol) mfi = ta.mfi(hlc3, lenMFI) vwapLine = ta.vwap(close) // ===== Conditions ===== liquidityIn = mfi > 50 and volume > volMA priceBreak = close > rangeHigh aboveVWAP = close > vwapLine breakout = liquidityIn and priceBreak and aboveVWAP // ===== Plot ===== plotshape(breakout, title="BREAKOUT", style=shape.labelup, location=location.belowbar, color=color.new(color.green, 0), text="") plot(vwapLine, color=color.orange, linewidth=2, title="VWAP")
Pine Script® indicator
by joroh812
Jimbob Channel/Breakout (Current TF)I have used this indicator to show a breakout of price. The way to use it is: if there is a channel printing on the time frame you are looking at, then it means that a directional change is coming in the future. It is a way to see that something is coming. It doesn’t tell you which way the price is moving while the channel is printing; it only tells you that something is coming. I have a directional movement programmed in by an arrow printing after price has moved out of the channel, but this usually means you have missed the move. So it’s better to use these channels as an indication that price will be breaking out soon. I hope this indicator helps people get prepared for a move that is about to happen. Use this as an indication that something is coming rather than something that has happened. One way of looking at this indicator is to check that the current time frame has a channel, then look at the time frames above it and see if there is a channel on them. If there isn’t, then think of it as a freeway for cars: if there is no channel in the time frames above the one you are looking at, then the move out of the current time frame shouldn’t have much headway. But if there is a channel on the higher time frames, then expect the price to go sideways until the channel on the higher time frame has broken out. Good luck with investing using this indicator. Cheers Jimbob :)
Pine Script® indicator
by Jimmyrockhard
ORB 5 Min Break & Retest + Alerts By KhanORB 5-Minute Break & Retest Indicator This indicator plots the high and low of the first 5-minute candle of the trading session (Opening Range). It then monitors price for a breakout above or below the ORB levels and triggers an alert when price retests the broken level and holds. Designed to help identify high-probability ORB continuation setups with clear visual levels and TradingView alerts. If you want, I can also: Make it even shorter (1–2 lines) Write a more detailed TradingView public script description Add a usage guide (rules + best timeframe) Disclaimer: This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
Pine Script® indicator
by Khasan88
TrendlinesDowntrend lines are one of the most important tools in technical analysis. A downtrend line is created by connecting a series of lower highs which forms a clear visual line where price repeatedly finds resistance. Traders use these lines to understand trend direction, time entries, plan exits, and quickly recognize when momentum is shifting. This indicator automatically finds and maintains the strongest downtrend lines on any timeframe. It removes the guesswork and inconsistency that comes with manually drawing trendlines. Unlike most other trendline indicators that just draw lines from swing highs to the current high, this indicator actively scans for new pivot highs, tests each potential line against live price action and only promotes a line to valid status once it has proven itself as a true trendline by price touching or respecting the line a user defined number of times, with the default set to three. This filters out noise and leaves only the most meaningful and reliable trendlines on your chart. When price eventually breaks a respected downtrend line the indicator highlights the breakout immediately. Traders often use these moments for entries confirmation signals or to prepare for a potential shift in market behavior. The breakout alert is built directly into the indicator so you never miss an important move. This indicator also works with the Pine Screener to find tickers with current valid trendlines. How are trendlines determined? The indicator begins by anchoring to the most recent pivot high. From there it draws a temporary line to the current bar and evaluates every bar between the two points. Each time a high comes within a user selected buffer zone around that line it is counted as a touch. Once the required number of touches is confirmed and price has never exceeded the buffer to the upside the trendline becomes valid and is displayed on the chart as an active downtrend line.
Pine Script® indicator
by Amphibiantrading
21