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Breakout + Retest StrategyThe Breakout + Retest Strategy is a proven price action approach used by professional traders to catch high-probability market moves after key levels are broken. This strategy aims to enter the market after confirmation — reducing false breakouts and improving entry accuracy. 🔍 Strategy Logic: Identify a Key Support or Resistance Level These could be recent swing highs/lows, consolidation zones, or session highs. Wait for a Clean Breakout Price must decisively break above resistance or below support with strong momentum. Watch for the Retest After the breakout, wait for the price to pull back to the broken level (now flipped support/resistance). Enter on Retest Confirmation Look for signs like rejection wicks, bullish/bearish engulfing candles, or strong volume on the retest. Set Risk-Managed Stops and Targets Stop loss goes below (for long) or above (for short) the retested level. Target is usually set at a 1:2 or higher risk-to-reward ratio, or based on structure. ✅ Why It Works: Filters out fake breakouts Uses market structure and liquidity traps to your advantage Combines both momentum and confirmation ⚙️ Best Timeframes: 15-minute to 1-hour for intraday setups 4-hour and daily for swing trades 📊 Ideal for: Futures (NQ, ES, Gold) Forex pairs Crypto Stocks near key earnings or breakout zones
Pine Script® indicator
by aaroncaine535
Breakout Swing High LowThis open-source indicator identifies swing high and swing low breakouts, providing clear visual signals for potential trend entries. It is designed for traders who use price action to spot breakout opportunities in trending markets. How It Works Swing Detection: The indicator uses a user-defined lookback period (default: 4 candles) to identify swing highs (peaks) and swing lows (troughs). A swing high is confirmed when a candle's high is higher than the surrounding candles, and a swing low is confirmed when a candle's low is lower. Breakout Signals: A green triangle below the candle signals a breakout above the most recent swing high, indicating a potential buy opportunity. A red triangle above the candle signals a breakout below the most recent swing low, indicating a potential sell opportunity. Each swing level triggers only one breakout signal to avoid clutter. Visualization: Swing high levels are drawn as green dashed lines, and swing low levels as red dashed lines, extending 15 candles for clarity. Breakout signals are marked with small triangles. How to Use Apply the Indicator: Add the indicator to your TradingView chart. Adjust Lookback: Set the "Lookback Candles" input (default: 4) to control the sensitivity of swing detection. Smaller values detect shorter-term swings, while larger values identify more significant levels. Interpret Signals: Green triangle (below candle): Consider a buy opportunity when price breaks above a swing high. Red triangle (above candle): Consider a sell opportunity when price breaks below a swing low. Combine with Other Tools: Use in conjunction with trend indicators (e.g., 50-period EMA) or support/resistance levels to filter signals in trending markets. Timeframes: Works best on higher timeframes (e.g., 1H, 4H) in trending markets to avoid false breakouts in sideways conditions.
Pine Script® indicator
by vanthucbk
Breakout mode patterns [yohtza]This indicator detects three kinds of price action patterns: ii - consecutive inside bars ( high and low inside of the previous bar), triangle on a lower timeframe oo - consecutive outside bars ( high above the high of the previous bar and the low below the low of the previous bar), expanding triangle on a lower timeframe ioi - inside outside inside, diamond pattern on a lower timeframe Traders that trade these patterns are entering on breakouts above/below .When they appear in a trending market, they are good setups for both continuation and reversal swing trades. When they appear in ranging market, they are not nearly as powerful since most breakouts fail in this context. To achieve the highest probability, it is best to trade in the direction of the trend on the last bar in the pattern with a stop loss on the other side and going for a reward that is at least twice the risk.
Pine Script® indicator
by yohtza
Breakout Range Signal with Quality Analysis [Dova Lazarus]📌 Breakout Range Signal with Quality Analysis 🎓 Training-focused indicator for breakout logic, SL & TP behavior and signal quality assessment 🔷 PURPOSE This tool identifies breakout candles from a calculated channel range and visually simulates entries, stop losses, and take profits, providing live and historical performance metrics. ⚙️ MAIN SETTINGS 1️⃣ Channel Setup channel_length = 10 → how many candles are averaged to form channel boundaries channel_multiplier = 0.0 → adds expansion above/below the base channel channel_smoothing_type = SMA → smoothing method for high/low averaging 📊 The channel consists of two moving averages: one from highs, the other from lows. When expanded (via multiplier), it creates a buffer range for breakout validation. 2️⃣ Signal Detection Body > Channel % = 50 → a breakout candle's body must exceed 150% of the channel width Signal Mode:  • Weak → every valid breakout candle is highlighted  • Strong → only the first signal in a sequence is shown (helps reduce noise) 🟦 Bullish signals (blue):  • Candle opens inside the channel  • Closes above the channel  • Body is large enough  • Optional: confirms with trend (if enabled) 🟨 Bearish signals (yellow):  • Candle opens inside the channel  • Closes below the channel  • Body is large enough  • Optional: confirms with trend 3️⃣ Trend Filter (optional) Enabled via checkbox Uses a higher timeframe MA to filter signals Bullish signals are allowed only if price is below the trend MA Bearish signals only if price is above it ⏱️ trend_timeframe = 1D (typically set higher than the chart's timeframe) 🟢 Trend line is plotted if enabled 🎯 ENTRY, STOP LOSS & TAKE PROFIT LOGIC SL and TP are based on channel width, not fixed pip/tick size: 📍 Entry Price = close of the breakout candle 🛑 Stop Loss:  • Bullish → below the lower channel border (minus offset)  • Bearish → above the upper channel border (plus offset) 🎯 Take Profit:  • Bullish → entry + channel width × profit multiplier  • Bearish → entry − channel width × profit multiplier You can control: Profit Target Multiplier (e.g., 1.0 → TP = 1×channel width) Stop Loss Target Multiplier (e.g., 0.5 → SL = 0.5×channel width) Signals to Show = how many historical SL/TP setups to display 📈 Lines and labels ("TP", "SL") are drawn on the chart for clarity. 🧪 QUALITY ANALYSIS MODULE If enabled, the indicator will: Track each new signal (entry, SL, TP) Analyze outcomes:  • Win = TP hit before SL  • Loss = SL hit before TP  • Expired = signal unresolved after N bars Display statistics in a table (top-right corner): 📋 Table fields: ✅ Overall win rate 📈 Bullish win rate 📉 Bearish win rate 🔢 Total signals 🕓 Pending (still active trades) Maximum bars to wait for outcome is customizable (max_bars_to_analyze). 📐 VISUALIZATION TOOLS TP / SL lines per signal Labels “TP” and “SL” Optional channel lines and trendline for better context Colored bars for valid signals (blue/yellow) 📌 BEST USE CASES Understand how breakout signals are formed Learn SL/TP logic based on dynamic range Test how volatility affects trade outcomes Use as a visual simulation of trade behavior over time
Pine Script® indicator
by DovaLazarus
Breakout Strategy with Dynamic SL LabelDescription: This script identifies breakout trading opportunities using adaptive support and resistance levels, adjusted dynamically based on market volatility. A trade signal is generated only when a breakout candle is followed by a confirming close in the same direction. The signal is displayed on the chart as a labeled marker that includes a suggested stop-loss level based on the highest high or lowest low of the past 10 bars, ensuring structure-aware risk management. 🧩 How it Works: Adaptive S/R Zones: Based on volatility-normalized swing highs/lows using ATR. These zones automatically adjust to changing market conditions. Confirmation Logic: Trade signals only appear after the second candle confirms the breakout, helping reduce false signals. Single Signal Rule: Only one buy or sell label is printed per breakout level, avoiding repeated triggers. Embedded Stop Loss in Label: SL value is calculated from the 10-bar high (for shorts) or low (for longs) and included in the signal label. ⚙️ User Inputs Explained: Base Swing Strength: Controls the pivot sensitivity; higher values detect stronger reversal points. Line Duration: Number of bars that horizontal S/R levels remain visible. ATR Period: Length used to calculate volatility for adaptive S/R logic. Volatility Sensitivity: Adjusts how responsive the S/R zone strength is to volatility. Higher = more responsive. Stop-Loss Lookback (Bars): Defines the number of candles to reference when calculating SL from high/low structure. Max Lines Stored: Controls chart clutter by limiting how many S/R zones are kept active. 🟩 Ideal for: Breakout traders who value clean structure, confirmation, and built-in risk logic. Scalpers and swing traders looking for adaptive, low-latency signals without repainting. Chartists who want minimal indicators but maximum signal clarity.
Pine Script® indicator
by abinag9999
Breakout TrendTiltFolio Breakout Trend indicator The Breakout Trend indicator is designed to help traders clearly visualize trend direction by combining two complementary techniques: moving averages and Donchian-style breakout logic. Rather than relying on just one type of signal, this indicator merges short-term and long-term moving averages with breakout levels based on recent highs and lows. The moving averages define the broader trend regime, while the breakout logic pinpoints moments when price confirms directional momentum. This layered approach filters out many false signals while still capturing high-conviction moves. Yes, these are lagging indicators by design — and that’s the point. Instead of predicting every wiggle, the Breakout Trend waits for confirmation, offering higher signal quality and fewer whipsaws. When the price breaks above a recent high and sits above the long-term moving average, the trend is more likely to persist. That’s when this indicator shines. While it performs best on higher timeframes (daily/weekly), it's also adaptable to shorter timeframes for intraday traders who value clean, systematic trend signals. For early signal detection, we recommend pairing this with TiltFolio’s Buying/Selling Proxy, which anticipates pressure buildups—albeit with more noise. It's easy to read and built for real-world trading discipline.
Pine Script® indicator
by TiltFolio
6
Breakout indicatorThis indicator helps traders identify potential breakout levels based on the highest high and lowest low of the last N candles, inspired by the classic Turtle Trading strategy. The period (N) is fully customizable, allowing you to adapt it to your trading style. For daily charts, a period between 50 and 100 is recommended. The indicator dynamically plots horizontal lines representing the highest high and lowest low over the selected period. These lines are updated in real-time as price action evolves. A breakout is confirmed when the price closes above the high line (for a bullish breakout) or below the low line (for a bearish breakout). Customize the appearance of the lines with options for thickness, color, and style (solid, dotted, or dashed) to suit your chart preferences. Perfect for traders looking to implement a simple yet effective breakout strategy! Key Features: Editable period (N) for high/low calculation. Real-time updates of high/low levels. Customizable line thickness, color, and style. Usage: Use on daily charts for swing trading or position trading. Combine with other indicators or price action analysis for better confirmation.
Pine Script® indicator
by nepo123
3
Breakout Trend Trading Strategy - V2This is an alternate version of Breakout Trend Trading Strategy - V1 Only difference is, this strategy places stop orders based on calculated targets whereas V1 waits for price to close target levels and then places market orders. Hence, you will receive the target prices before trade executes in strategy. Parameters are same as that of Breakout Trend Trading Strategy - V1 There is one additional parameter on Trade Type - which permits user to allow only breakout, pullback or reverse trading or combination of all. Backtesting parameters remain same : Capital and position sizing : Capital and position sizing parameters are set to test investing 2000 wholly on certain stock without compounding. Initial Capital : 2000 Order Size : 100% of equity Pyramiding : 1 Test cases remain same : Positive : AAPL , AMZN , TSLA , RUN, VRT , ASX:APT Negative Test Cases: WPL , WHC , NHC , WOW, COL, NAB (All ASX stocks) Special test case: WDI Negative test cases still show losses in back-testing. I have attempted including many conditions to eliminate or reduce the loss. But, further efforts has resulted in reduction in profits in positive cases as well. Still experimenting. Will update whenever I find improvements. Comments and suggestions welcome :)
Pine Script® strategy
by Trendoscope
2
Breakout Trend Follower V2This is a variation on my other Breakout Trend Follower script. In the other script, you can use a moving average to act as a filter for your trades (i.e. if the price is below the moving average, it won't go long). After making the tool that detects trends on higher timeframes, I wanted to see if that might be a better filter than a moving average. So this script lets you look at higher time frame trends (i.e. are there higher highs and higher lows? If so, this is an uptrend). You only take trades when you are with the trend. You have the ability to select up to two trends to act as a filter. Each trend direction is shown on a table on the chart for easy reference. The current pivot highs and lows are plotted on the chart so you can see when you might be breaking both the current timeframe's trend and higher level trends. What I found was that in general this does not perform as well as the other strategy, but it does seem to be a lot more picky with trades. Showing higher win rates and a better profit factor. It just takes a lot less trades and the net profit isn't as good.
Pine Script® strategy
by millerrh
7
Breakout Reversal Entry on WMA - NG1! Overnight ver 1This script is for learning purposes only This strategy will plot arrows when price breaks so far above/below WMA. The strategy will enter when the price breaks away from WMA. All entries are reversals. Users can set WMA length and source; also the distance of the price away from WMA to enter. Adjustable bracket orders are placed for exit, with trailing stop or market stop choice. Last, users can set the time of day they want to enter a trade. My Preference: I am testing this strategy on NG1! over night on 1 minute candle. with .003 on price drop/climb, I get entries almost every night. Also 10 tick stop and 5 tick profit seems backward to most, but with a high win/loss ratio, it performs quite well. Trailing stops generally help out as well. INPUTS: Length - The is the WMA length Source - WMA source (High, Low, Open, Close...) When Price Drops - This is the distance in ticks when the price drops away from WMA, an arrow is plotted, and reversal entry order is placed When Price Climbs - Same as price drop, just in the opposite direction Trailing Stop check box - Check if you want to place a trailing stop so many tick away from entry. Unchecked is Market (hard) stop so many ticks from entry. Stop - Number of ticks away from entry a the stop or trailing stop is set (for NG 1 tick = $0.001) Limit Out - Number of ticks away from entry a limit order is placed to take profits Limit Time of day check box - check to use the time of day to limit what time of day order entry will occur. Start/Stop Trades (Est Time) - First box is when the strategy will be allowed to start buying and stop is when the strategy will stop being allowed to buy. Sell orders continue until a stop or limit triggers an exit. These times are Eastern time zone PROPERTIES: Pyramiding - This feature will allow multiple entries to occur. If set to 1, the strategy should only trade 1 contract at a time. If set to 2, the strategy will enter a second order if entry requirements are met. This allows you to be holding 2 contracts. Basically on a good day, it will multiply your earnings, on a bad day, you'll just lose more. For testing, I keep this on 1. TIPS: - If you want to go long only, set "When Price Climbs" to an impossible number, like 10,000. It's not possible for NG to move $10 is a matter of minutes so it will not enter the market with a short order. Also keep in mind you can set different requirements for going long vs going short. If you think there is more pull on the market in a particular direction.
Pine Script® strategy
by oldinvestor
1
breakout and swingA Price Action system that use swing point and breakout above the black line (breakout) is long, below short swing/support/resistance points (blue circles) are displayed after a top or botton, breaking it means an inversion red circles try to guest a target after a top/bottom or after a swing break. the main trend is made by the black line that is set on Day period suitable for 1h to 15m time frame , for small TF you can set a smaller period from setting command By default a set a 40 period channel high/low (the highest and lowest 40 bar back) that is ok for 1 h or smaller tf , but look to long for daily tf, adjust it yourself
Pine Script® indicator
by MarcoValente
7