Pips Signals with Alert From B#/S#

Pips Signals B#/S# – Price‑Based Sequential Signal System

Pips Signals B#/S# is a price‑action‑driven indicator that generates sequential buy and sell signals based purely on pip movement, without relying on traditional oscillators or lagging indicators. It is designed for traders who prefer clean, rule‑based signals derived directly from market structure and price expansion.

How It Works
The indicator tracks the distance between the current price and the most recent signal. When price moves a user‑defined number of pips away from the last signal, a new signal is generated:

• B1, B2, B3… for consecutive bullish signals
• S1, S2, S3… for consecutive bearish signals

If price continues in the same direction, the sequence number increases. If price reverses by the required pip distance, the sequence resets and flips direction. This makes the tool useful for identifying momentum continuation as well as structured reversals.

Key Features
• Pure price‑action logic based on pip distance
• Sequential labeling (B#/S#) to visualize directional strength
• Configurable pip size and signal distance
• Customizable label size and colors
• Alerts that can trigger starting from a specific sequence number
• Works on all markets and timeframes
• No repainting — signals only appear after price completes the required movement

Why It’s Useful
This indicator helps traders track directional expansions, identify momentum continuation, spot structured reversals, and filter noise by requiring a minimum pip movement before any signal appears. It is suitable for scalpers, intraday traders, and swing traders who want a clean, objective method to monitor directional price movement.

Notes
This tool does not predict future price movement. It provides a systematic way to visualize and quantify directional shifts based on pip expansion, allowing traders to incorporate it into their own strategies and risk‑management rules.