Chews Opening Range Breakout - FibonacciVisual tool for taking a Fibonacci retracement-backed opening range breakout.
How it works:
Short a first red candle. Long a first green candle.
You decide which Fibonacci % you prefer your stop loss to be, the plot and label will represent your decision.
Fibonacci logic is close --> open.
Recommendations:
Use a lower time frame interval like 3m.
Extra Notes:
On higher priced stocks, you may see some discrepancy (~$0.1!) when plotting a Fibonacci Retracement compared to the suggested stop loss.
Since this discrepancy happens on inherently more volatile stocks, I have chosen to neglect the discrepancy instead of going for point perfect stop loss exits.
Realistically, it won't matter unless you get very unlucky.
Fibonacci drawing is not a feature of what this indicator plots. It's there for reference, but I can add if requested.
I drafted this simple code to help me visualize automating this strategy.
"That's spoicy!"
ToDo: Add an optional two-sided ORB. Higher chance of success since it is meant for reversals.
Wyszukaj w skryptach "breakout"
Pivot-Based Channels & Bands [Misu]█ This Indicator is based on Pivot detection to show bands and channels.
The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level.
█ Usages:
Use channels as a support & resistance zone.
Use bands as a support & resistance zone. It is also very powerfull to use it as a breakout.
Use mid bands & mid channels as a trend direction or trade filter as a more usual moving average.
█ Parameters:
Show Pivot Bands: show bands.
Show Pivot Mid Band: show mid bands.
Show Pivot Channels: show channels.
Show Pivot Mid Channel: show mid channels.
Deviation: deviation used to calculate pivot points.
Depth: depth used to calculate pivot points.
Bulu BreakoutI designed this indicator to trade 52 weeks high breakout. It tests three conditions 1)close above 52weeks high 2)close above upper Bollinger band 3) adx <30. any candle that satisfies all these condition will change its color to black. i also added 44sma to this script to find high probable trade. if the black candle is near 44 sma it is more reliable.
[KL] Double Bollinger Bands Strategy (for Crypto/FOREX)This strategy uses a setup consisting of two Bollinger Bands based on the 20 period 20-SMA +/-
(a) upper/lower bands of two standard deviations apart, and
(b) upper/lower bands of one standard deviation apart.
We consider price at +/- one standard deviation apart from 20-SMA as the "Neutral Zone".
If price closes above Neutral Zone after a period of consolidation, then it's an opportunity for entry. Strategy will long, anticipating for breakout.
The illustration below shows price closing above the Neutral Zone after a period of consolidation.
a.c-dn.net
Position is exited when prices closes at Neutral Zone (being lower than prior bars)
Consolidation Breakout Signal//@version=5
indicator("Consolidation Breakout Signal", overlay=true, timeframe="")
// Inputs
length = input.int(20, "Consolidation Lookback")
atrMult = input.float(1.5, "ATR Breakout Multiplier")
bbLength = input.int(20, "Bollinger Band Length")
bbMult = input.float(2.0, "Bollinger Band Width Multiplier")
// ATR for volatility
atr = ta.atr(length)
// Bollinger Bands for consolidation
basis = ta.sma(close, bbLength)
dev = bbMult * ta.stdev(close, bbLength)
upperBB = basis + dev
lowerBB = basis - dev
bbWidth = (upperBB - lowerBB) / basis * 100
// Define consolidation as narrow BB width
consolidation = bbWidth < ta.sma(bbWidth, length)
// Breakout conditions
breakUp = consolidation and close > upperBB and close > close + atrMult * atr
breakDown = consolidation and close < lowerBB and close < close - atrMult * atr
// Plot Bollinger Bands
plot(upperBB, "Upper BB", color=color.new(color.blue, 70))
plot(lowerBB, "Lower BB", color=color.new(color.blue, 70))
// Plot signals
plotshape(breakUp, title="Breakout Up", style=shape.labelup, color=color.green, text="UP 🔼", size=size.large, location=location.belowbar)
plotshape(breakDown, title="Breakout Down", style=shape.labeldown, color=color.red, text="DOWN 🔽", size=size.large, location=location.abovebar)
// Alerts
alertcondition(breakUp, title="Breakout Up Alert", message="Big Up Move Likely 🚀")
alertcondition(breakDown, title="Breakout Down Alert", message="Big Down Move Likely 📉")
Liquidity Sweep Breakout - LSBLiquidity Sweep Breakout - LSB
A professional session-based breakout system designed for OANDA:USDJPY and other JPY pairs.
Not guesswork, but precision - built on detailed observation of institutional moves to capture clear trade direction daily.
Master the Market’s Daily Bank Flow.
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Strategy Detail:
I discovered this strategy after carefully studying how Japanese banks influence the forex market during their daily settlement period. Banks are some of the biggest players in the financial world, and when they adjust or settle their accounts in the morning, it often creates a push in the market. From years of observation, I noticed a consistent pattern, once banks finish their settlements, the market usually continues moving in the same direction that was formed right after those actions. This daily banking flow often sets the tone for the entire trading session, especially for JPY pairs like USDJPY.
To capture this move, I built the indicator so that it follows the bank-driven trend with clear rules for entries, stop-loss (SL), and take-profit (TP). The system is designed with professional risk management in mind. By default, it assumes a $10,000 account size, risks only 1% of that balance per trade, and targets a 1:1.5 reward-to-risk ratio. This means for every $100 risked, the potential profit is $150. Such controlled risk makes the system safer and more sustainable for long-term traders. At the same time, users are not limited to this setup, they can adjust the account balance in the settings, and the indicator will automatically recalculate the lot size and risk levels based on their own capital. This ensures the strategy works for small accounts and larger accounts alike.
🌍 Why It Works
Fundamentally driven: Based on **daily Japanese banking settlement flows**.
Session-specific precision: Targets the exact window when USDJPY liquidity reshapes.
Risk-managed: Always calculates lot size based on account and risk preferences.
Automatable: With webhook + MT5 EA, it can be fully hands-free.
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✅ Recommended
Pair: USDJPY (best observed behavior).
Timeframe: 3-Minute chart.
Platform: TradingView Premium (for webhooks).
Execution: MT5 via EA.
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🔎 Strategy Concept
The Tokyo Magic Breakout (TMB) is built on years of session observation and the unique daily rhythm of the Japanese banking system.
Every morning between 5:50 AM – 6:10 AM PKT (09:50 – 10:10 JST), Japanese banks perform daily reconciliation and settlement. This often sets the tone for the USDJPY direction of the day.
This strategy isolates that critical moment of liquidity adjustment and waits for a clean breakout confirmation. Instead of chasing noise, it executes only when price action is aligned with the Tokyo market’s hidden flows.
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🕒 Timing Logic
Session Start: 5:00 AM PKT (Tokyo market open range).
Magic Candle: The 5:54 AM PKT candle is marked as the reference “breakout selector.”
Checkpoints: First confirmation at 6:30 AM PKT, then every 15 minutes until 8:30 AM PKT.
* If price stays inside the magic range → wait.
* If a breakout happens but the candle wick touches the range → wait for the next checkpoint.
* If by 8:30 AM PKT no clean breakout occurs → the day is marked as No Trade Day (NTD).
👉 Recommended timeframe: 3-Minute chart (3M) for precise signals.
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📈 Trade Execution
Entry: Clean break above/below the magic candle’s range.
Stop-Loss: Opposite side of the Tokyo session high/low.
Take-Profit: Calculated by Reward\:Risk ratio (default 1.5:1).
Lot Size: Auto-calculated based on your risk model:
* Fixed Dollar
* % of Equity
* Conservative (minimum of both).
Visuals include:
✅ Entry/SL/TP lines
✅ Shaded risk (red) and reward (green) zones
✅ Trade labels (Buy/Sell with lot size & levels)
✅ TP/SL hit markers
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🔔 Alerts & Automation (AutoTMB)
This strategy is fully automation-ready with EA + MT5:
1. Enable alerts in TMB settings.
2. Insert your PineConnector License Key.
3. Configure your risk management preferences.
4. Create a TradingView alert → in the message box simply type:
Pine Script®
{{alert_message}}
and set the EA webhook.
Now, every breakout trade (with exact entry, SL, TP, and lot size) is sent instantly.
👉 On your MT5:
* Install the EA.
* Use the same license key.
* Run it on a VPS or local MT5 terminal.
You now have a hands-free trading system: AutoTMB.
Recent Range DetectorOverview
The Recent Range Detector is a specialized indicator designed to identify when an asset is currently range-bound, providing traders with clear support and resistance levels for range trading strategies. Unlike traditional indicators that focus on trend detection, this tool specifically answers the question: "Is the price range-bound right now, and what are the exact trading levels?"
Key Features
✅ Smart Range Detection - Uses a multi-factor scoring system to identify legitimate ranges
✅ Dynamic Support/Resistance Levels - Automatically calculates and displays key trading levels
✅ Range Quality Scoring - Provides confidence levels (Strong/Moderate/Weak Range)
✅ Touch Validation - Counts actual price touches to confirm range reliability
✅ Breakout Detection - Alerts when price exits the established range
✅ Visual Clarity - Clean boxes, lines, and labels for easy interpretation
How It Works
The indicator analyses recent price action using three core metrics:
Touch Quality (40%) - How many times price has respected support/resistance levels
Containment Quality (40%) - What percentage of recent bars stayed within the range
Recent Respect (20%) - Whether the latest price action confirms the range
These combine into a Range Score (0-1) that determines range strength and reliability.
Settings & Parameters
Range Lookback Period (Default: 15)
Number of bars to analyse for range detection
Shorter periods = more responsive to recent ranges
Longer periods = more stable, fewer false signals
Range Tolerance (Default: 2.0%)
Tolerance for price touches around exact highs/lows
Lower values = stricter range requirements
Higher values = more flexible range detection
Minimum Touches (Default: 3)
Required number of support/resistance touches for valid range
Higher values = more confirmed ranges, fewer signals
Lower values = more sensitive, earlier detection
Visual Options
Show Range Box: Displays the range boundaries
Show Support/Resistance Lines: Extends levels into the future
Understanding the Output
Range Score (0.000 - 1.000)
0.7+ = Strong Range (Green) - High confidence range trading setup
0.5-0.7 = Moderate Range (Yellow) - Decent range with some caution
0.3-0.5 = Weak Range (Orange) - Low confidence, be careful
<0.3 = Not Ranging - Avoid range trading strategies
Range Status Classifications
Strong Range - Perfect for range trading strategies
Moderate Range - Good range with normal risk
Weak Range - Marginal range, use smaller positions
Not Ranging - Price is trending or too choppy for range trading
Key Metrics in Info Table
Range Size (%) - Size of the range relative to price level
5-15% = Ideal range size for most strategies
<5% = Tight range, lower profit potential
>15% = Wide range, higher profit potential but more risk
Support/Resistance Levels - Exact price levels for entries/exits
Use these as your key trading levels
Support = potential buy zone
Resistance = potential sell zone
Total Touches - Number of times price respected the levels
3-5 touches = Newly formed range
6-10 touches = Well-established range
10+ touches = Very strong, reliable range
Price Position (%) - Current location within the range
0-20% = Near support (potential long opportunity)
80-100% = Near resistance (potential short opportunity)
40-60% = Middle of range (wait for better entry)
Visual Elements
Range Box
Green Box = Strong Range (Score ≥ 0.7)
Yellow Box = Moderate Range (Score 0.5-0.7)
Orange Box = Weak Range (Score 0.3-0.5)
Support/Resistance Lines
- Horizontal lines showing exact trading levels
- Extend into the future for forward guidance
- Colour matches the range strength
Background Colouring
- Subtle background tint during range periods
- Helps quickly identify ranging vs trending markets
Breakout Signals
- 📈 RANGE BREAK UP - Price breaks above resistance
- 📉 RANGE BREAK DOWN - Price breaks below support
- Only appears for confirmed ranges (Score ≥ 0.5)
Trading Applications
Range Trading Strategy
1. Look for Range Score ≥ 0.5
2. Buy near support (Price Position 0-20%)
3. Sell near resistance (Price Position 80-100%)
4. Set stops just outside the range
5. Exit on breakout signals
Breakout Strategy
1. Identify strong ranges (Score ≥ 0.7)
2. Wait for volume-confirmed breakout
3. Enter in breakout direction
4. Use previous resistance as support (or vice versa)
Market Context
- Strong ranges often occur after trending moves
- Use higher timeframes to confirm overall market structure
- Combine with volume analysis for better entries/exits
Best Practices
What to Look For
✅ Range Score ≥ 0.5 for trading consideration
✅ Multiple touches (5+) for confirmation
✅ Clear price rejection at levels
✅ Reasonable range size (5-15% for most assets)
✅ Recent price respect of boundaries
What to Avoid
❌ Trading ranges with Score < 0.3
❌ Very tight ranges (<3% size) - low profit potential
❌ Ranges with only 1-2 touches - not confirmed
❌ Ignoring breakout signals
❌ Trading against the higher timeframe trend
Alerts Available
- Range Detected - New range formation
- Range Break Up - Upward breakout
- Range Break Down - Downward breakout
- Range Ended - Range condition ended
Timeframe Recommendations
- Daily Charts - Best for swing trading ranges
- 4H Charts - Good for intermediate-term ranges
- 1H Charts - Suitable for day trading ranges
- Lower Timeframes - May produce more noise
Conclusion
The Recent Range Detector eliminates guesswork in range identification by providing objective, quantified range analysis. It's particularly valuable for traders who prefer range-bound strategies or need to identify when trending strategies should be avoided.
Remember: No indicator is perfect. Always combine with proper risk management, volume analysis, and broader market context for best results.
Disclaimer
This indicator is for educational purposes only and should not be considered as financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making any trading decisions.
Clarix 5m Scalping Breakout StrategyPurpose
A 5-minute scalping breakout strategy designed to capture fast 3-5 pip moves, using premium/discount zone filters and market bias conditions.
How It Works
The script monitors price action in 5-minute intervals, forming a 15-minute high and low range by tracking the highs and lows of the first 3 consecutive 5-minute candles starting from a custom time. In the next 3 candles, it waits for a breakout above the 15m high or below the 15m low while confirming market bias using custom equilibrium zones.
Buy signals trigger when price breaks the 15m high while in a discount zone
Sell signals trigger when price breaks the 15m low while in a premium zone
The strategy simulates trades with fixed 3-5 pip take profit and stop loss values (configurable). All trades are recorded in a backtest table with live trade results and an automatically updated win rate.
Features
Designed exclusively for the 5-minute timeframe
Custom 15-minute high/low breakout logic
Premium, Discount, and Equilibrium zone display
Built-in backtest tracker with live trade results, statistics, and win rate
Customizable start time, take profit, and stop loss settings
Real-time alerts on breakout signals
Visual markers for trade entries and failed trades
Consistent win rate exceeding 90–95% on average when following market conditions
Usage Tips
Use strictly on 5-minute charts for accurate signal performance. Avoid during high-impact news releases.
Important: Once a trade is opened, manually set your take profit at +3 to +5 pips immediately to secure the move, as these quick scalps often hit the target within a single candle. This prevents missed exits during rapid price action.
Opening Range Breakout🧭 Overview
The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders.
🔧 Features
📊 ORB High/Low Lines
Plots horizontal lines for the session’s high and low
🟩 Breakout Zones
Background highlights when price breaks above or below the range
🏷️ Breakout Labels
Text labels marking breakout events
🧭 Session Control
Customizable session input (default: 09:15–09:30 IST)
📍 ORB Line Labels
Text labels anchored to the ORB high and low lines (aligned right)
🔔 Alerts
Configurable alerts for breakout events
⚙️ Adjustable Settings
Show/hide background, labels, session window, etc.
⏱️ Session Logic
• The ORB range is calculated during a defined session window (default: 09:15–09:30).
• During this window, the highest high and lowest low are recorded as ORB High and ORB Low.
📈 Breakout Detection
• Breakout Above: Triggered when price crosses above the ORB High.
• Breakout Below: Triggered when price crosses below the ORB Low.
• Each breakout can trigger:
• A background highlight (green/red)
• A text label (“Breakout ↑” / “Breakout ↓”)
• An optional alert
🔔 Alerts
Two built-in alert conditions:
1. Breakout Above ORB High
• Message: "🔼 Price broke above ORB High: {{close}}"
2. Breakout Below ORB Low
• Message: "🔽 Price broke below ORB Low: {{close}}"
You can create alerts in TradingView by selecting these from the Add Alert window.
📌 Best Use Cases
• Intraday momentum trading
• Breakout and scalping strategies
• First 15-minute range traders (NSE, BSE markets)
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds
Author of enhancements: chuckaschultz
Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo
Overview
Pairs nicely with Contrarian 100 MA
The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart.
This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles.
How It Works
The Bollinger Bands Entry/Exit Thresholds calculates two key metrics:
Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100).
Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100).
The indicator generates:
Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside.
Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions.
Signals are visualized as tiny colored dots:
Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings).
Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar.
Calculation Methodology
Bollinger Bands:
A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close).
Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0).
Upper Band = EMA + (Standard Deviation × Multiplier)
Lower Band = EMA - (Standard Deviation × Multiplier)
Bull and Bear Momentum:
For each bar in the lookback period (length), the indicator calculates:
Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range.
Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range.
Formula:
bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100
bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100
Signal Generation:
Long Entry: Triggered when bear crosses below the Long Threshold.
Exit: Triggered when bull crosses below the Sell Threshold.
Settings
Length: Lookback period for EMA and standard deviation (default: 14).
Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0).
Source: Input price data (default: close).
Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40).
Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80).
Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false).
Style:
Bullish Color: Color for bullish momentum plot (default: #f23645).
Bearish Color: Color for bearish momentum plot (default: #089981).
Visual Features
Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity.
Midline: Horizontal line at 50 for reference.
Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold.
Signal Dots:
Long Entry: Tiny blue dots (below price bar or at oscillator bottom).
Exit: Tiny white dots (above price bar or at oscillator top).
How to Use
Add to Chart: Apply the indicator to your TradingView chart.
Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy.
Interpret Signals:
Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold.
Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold.
Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis.
Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals.
Notes
This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options.
Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets.
Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations.
Disclaimer
This indicator is provided for educational and informational purposes only.
VWAP & Breakout Volume ConfirmHow the TradingView Indicator Works (Explained Simply)
VWAP Line (Orange)
It plots the Volume Weighted Average Price for the day.
Price above VWAP = bullish zone
Price below VWAP = bearish zone
Volume Spike Detection (Red Triangle)
It calculates the average volume over the last 20 candles.
If the current volume is 1.5× that average, it plots a red triangle under the candle.
Helps confirm if a move has real momentum or not.
Breakout Confirmation (Green Label ‘BO’)
Checks if price breaks above the last 10-bar high (for upside breakout) or below the last 10-bar low (for downside breakout).
If a breakout happens and the volume spike is present, it plots a green “BO” label above the candle.
This tells you the breakout is strong and likely to follow through.
Triangle Breakout Strategy with TP/SL, EMA Filter📌 Triangle Breakout Strategy with TP/SL, EMA Filters, and Backtest – Explained.
✅ 1. Pattern Detection – Triangle Breakout
The script scans for triangle patterns by detecting local pivot highs and pivot lows.
It uses two recent highs and two recent lows to draw converging trendlines (upper and lower boundaries of the triangle).
If the price breaks above the upper trendline, a bullish breakout signal is generated.
🎯 2. TP (Take Profit) & SL (Stop Loss)
When a bullish breakout is detected:
A buy order is placed using strategy.entry.
TP and SL levels are calculated relative to the current close price:
TP = 3% above the entry price
SL = 1.5% below the entry price
These are defined using strategy.exit.
📊 3. EMA Filter
An optional filter checks if:
Price is above both EMA 20 and EMA 50
Only if this condition is met, the strategy allows a long entry.
You can toggle the filter on or off with useEMAFilter.
📈 4. Backtesting with Strategy Tester
This script uses strategy() instead of indicator() to enable TradingView’s built-in backtest engine.
Every buy entry and exit (based on TP or SL) is recorded.
📌 5. Visuals
EMA 20 and EMA 50 lines are plotted on the chart.
A label is shown when a breakout is detected: "Breakout Up"
Results (profit, win rate, drawdown, etc.) can be viewed in the Strategy Tester panel.
VoluTility🌊 VoluTility forecasts trend exhaustion, breakout pressure, and structural inflection by measuring volatility within the effort stream. Built on the concept of ATR applied to volume, it doesn’t read raw volume — it reveals whether that volume is stable, chaotic, or compressing ahead of a move. The goal is to detect structural setups before they resolve. The lower the timeframe, the greater the alpha.
🧠 Core Logic
A zero-centered histogram shows the deviation of smoothed volume from its own volatility baseline. Positive bars indicate expansion; negative bars signal compression. Color reflects rate-of-change in volume volatility. Opacity tracks effort/result strength — showing when moves are real or hollow.
The overlaid ribbon (EMA vs HMA) highlights rhythm shifts. Orange fill signals real expansion; yellow shows decay or absorption. Together, they expose pre-breakout compression and exhaustion tails before price reacts.
🏗️ Structural Read
On the 1H BTC chart shown, price coils into a shallow pullback, compressing within a narrow range marked by shrinking candle bodies and muted wick aggression. A sudden expansion candle breaks the coil cleanly, with no immediate rejection or wick reversion. Price holds above the breakout pivot, establishing a baseline for structural acceptance and shifting bias toward continuation.
🔰 Zone Descriptions
🔴 Volatile blowout
🟠 Clean expansion
🟡 Passive or absorbed effort
🟢 Steady-state rhythm
🔵 Compression coil
🧐 Suggested Use
VoluTility is expressly designed as an overlay for sub-pane indicators, where it acts as a second-order rhythm map — exposing hidden structural pressure within volume or volatility streams. When paired with volume (like ZVOL or OBVX), it highlights when flow is expanding with intent versus fading into noise. When layered over volatility signals (like ATR Turbulence or WIRE), it reveals whether expansion has real effort behind it — or is just structural slack.
It pairs especially well with the Relative Directional Index (RDI), where its histogram and ribbon offer early exhaustion signals before traditional trend or momentum fades appear. On raw momentum tools, it acts as a filter: softening false breaks and confirming pressure-backed continuation.
Run on 15m or lower charts for early entry cues or breakout anticipation. On 1H charts, use it to validate compression resolution or detect fatigue before structure turns. It doesn’t react to price — it forecasts readiness.
Pure Price Action Breakout with 1:5 RR
Description of the Price Action Trading Script (Pine Script v6)
Overview
This script is a pure price action-based breakout strategy designed for TradingView. It identifies key breakout levels and executes long and short trades based on market structure. The strategy ensures a minimum risk-to-reward ratio (RR) of 1:5, aiming for high profitability with well-defined stop-loss and take-profit levels.
How the Script Works
1️⃣ Breakout Identification
The script uses a lookback period to find the highest high and lowest low over the last n bars.
A bullish breakout occurs when the price closes above the previous highest high.
A bearish breakout happens when the price closes below the previous lowest low.
2️⃣ Entry & Exit Strategy
Long Entry: If a bullish breakout is detected, the script enters a long position.
Short Entry: If a bearish breakout is detected, the script enters a short position.
The stop-loss is placed at the recent swing low (for long trades) or recent swing high (for short trades).
The target price is calculated based on a risk-to-reward ratio of 1:5, ensuring profitable trades.
3️⃣ Risk Management
The stop-loss prevents excessive losses by exiting trades when the market moves unfavorably.
The strategy ensures that each trade has a reward potential at least 5 times the risk.
Positions are executed based on price action only, without indicators like moving averages or RSI.
4️⃣ Visual Representation
The script plots breakout levels to help traders visualize potential trade setups.
Entry points, stop-loss, and take-profit levels are labeled on the chart for easy tracking.
Key Features & Benefits
✔ Pure Price Action – No lagging indicators, only real-time price movements.
✔ High Risk-to-Reward Ratio (1:5) – Ensures high-profit potential trades.
✔ Real-time Entry & Exit Signals – Provides accurate trade setups.
✔ Dynamic Stop-loss Calculation – Adjusts based on recent market structure.
✔ Customizable Parameters – Lookback periods and risk ratios can be modified.
ORB opening range breakoutThis indicator plots the opening range high and low for a selected period of time in minutes after the market opens on an intraday chart to allow the user to visualize the high and low of the opening range for use in the Opening Range Breakout (ORB) strategy.
The Opening Range Breakout (ORB) strategy is a trading approach that involves identifying the price range within the first few minutes of a market session and then waiting for the price to break out of that range. This indicator facilitates this strategy through the use of shaded regions and/or price levels.
Features
Able to plot the high and low for any opening range above 1 min on any intraday timeframe
Fully customizable ORB region, price level, price axis, label
The inclusion of the Bollinger band along with it's Moving Average serves multiple purposes to assist the user in the opening range breakout strategy
Highlights to the user the deviation from the Moving Average due to an opening range breakout so that the user is better informed on whether to avoid entering a position, exit a position, or monitor the situation more closely
Highlights area of support or resistance formed by the Moving Average of Bollinger Band
Inform the user of the current trend direction to serve as confluence during an opening range breakout
What sets this indicator apart from others
In other ORB indicators, the opening range must be a multiple of the current chart's timeframe, restricting users on the intraday timeframes that can be used. E.g. if the user is using the 15 minutes opening range, they are restricted to use the 1, 3, 5, 15 minute(s) chart.
This indicator gives the user the flexibility to set any opening range above 1 min on any intraday timeframe. E.g. if the user is using the 15 minutes opening range, they are free to use any intraday timeframe on their chart, such as 1 hour or 2 hours chart.
How to use
Input the opening time range of interest in minutes
Check the "ORB region" checkbox to shade the ORB region
Check the "PRICE LEVEL" checkbox to draw a horizontal line of the high and low
Check the "PRICE AXIS" checkbox to plot the values on the price axis
Check the "LABEL" checkbox to draw a label of the high and low
rsi wf breakoutRSI Breakout Asif
RSI Breakout Asif Indicator
Overview:
The RSI Breakout Asif indicator is a custom script designed to analyze and highlight potential
breakout points using the Relative Strength Index (RSI) combined with Williams Fractals. This
indicator is specifically developed for traders who want to identify key momentum shifts in the
market.
Features:
1. RSI Analysis:
- The RSI is calculated using a user-defined length and price source.
- Horizontal lines are plotted at levels 70 (overbought), 50 (neutral), and 30 (oversold) to visually
aid decision-making.
2. Williams Fractals on RSI:
- Detects fractal highs and lows based on RSI values.
- Highlights these fractal points with dynamic, symmetrical lines for better visibility.
3. Customization:
- Users can adjust the RSI length and price source for personalized analysis.
- Fractal settings (left and right bar length) are also adjustable, making the indicator versatile for
different trading styles.
4. Visual Enhancements:
- Fractal highs are marked in red, while fractal lows are marked in green.
Asif - Page 1
RSI Breakout Asif
- Precise line placement ensures clarity and reduces chart clutter.
5. Practical Utility:
- Use the fractal breakout signals in conjunction with other technical indicators for enhanced
decision-making.
Usage:
- Add the RSI Breakout Asif indicator to your TradingView chart.
- Adjust the settings according to your trading strategy.
- Observe the RSI values and fractal points to identify potential breakout zones.
Disclaimer:
This indicator is a technical analysis tool and should be used in combination with other analysis
methods. It does not guarantee profitable trades.
Watermarked by Asif.
Asif - Page 2
Ultra Volume High Breakoutser Inputs:
length: Defines the period to calculate the moving average of volume.
multiplier: Sets the threshold above the moving average to consider as "Ultra Volume."
breakoutMultiplier: Allows for customization of breakout sensitivity.
Volume Calculation:
The script calculates a simple moving average (SMA) of the volume for a defined period (length).
It then detects if the current volume is higher than the moving average multiplied by the user-defined multiplier.
Breakout Condition:
The script checks if the price has moved above the highest close of the previous length periods while the volume condition for "Ultra Volume" is true.
Visuals:
The script marks the breakout with an upward label below the bar (plotshape), colored green for easy identification.
Ultra volume is highlighted with a red histogram plot.
Alert Condition:
An alert condition is included to trigger whenever an ultra volume high breakout occurs.
Customization:
You can adjust the length, multiplier, and breakoutMultiplier to fit your strategy and asset volatility.
Alerts can be set in TradingView to notify you when this condition is met.
Let me know if you'd like further customization or explanation!
GROK - 40 Day High BreakoutTitle: GROK - Customizable High Breakout Detector
To scan base breakout with Pine Screener
Description:
This Pine Script indicator identifies high breakout patterns based on a user-defined lookback period. By default, it checks for a breakout of the 40-day high, but the period can be adjusted to suit your trading strategy. Key features include:
Custom Lookback Period: Easily modify the number of days for high breakout detection. Lookback period is length of base you want to scan using pine screener.
Visual Alerts: Displays a green triangle above the price bar when a breakout is detected.
Alert Conditions: Built-in alert notifications for automated breakout detection.
Screener Compatibility: Plots breakout signals as a histogram for screener use.
This script is ideal for traders looking to identify strong breakout patterns and incorporate them into their strategies.
How to Use:
Adjust the lookback period in the settings to match your desired breakout criteria.
Add alerts for automated notifications when a breakout is detected.
Use the visual markers and histogram to analyze breakout patterns on your chart.
ADX Breakout Strategy█ OVERVIEW
The ADX Breakout strategy leverages the Average Directional Index (ADX) to identify and execute breakout trades within specified trading sessions. Designed for the NQ and ES 30-minute charts, this strategy aims to capture significant price movements while managing risk through predefined stop losses and trade limits.
This strategy was taken from a strategy that was posted on YouTube. I would link the video, but I believe is is "against house rules".
█ CONCEPTS
The strategy is built upon the following key concepts:
ADX Indicator: Utilizes the ADX to gauge the strength of a trend. Trades are initiated when the ADX value is below a certain threshold, indicating potential for trend development.
Trade Session Management: Limits trading to specific hours to align with optimal market activity periods.
Risk Management: Implements a fixed dollar stop loss and restricts the number of trades per session to control exposure.
█ FEATURES
Customizable Stop Loss: Set your preferred stop loss amount to manage risk effectively.
Trade Session Configuration: Define the trading hours to focus on the most active market periods.
Entry Conditions: Enter long positions when the price breaks above the highest close in the lookback window and the ADX indicates potential trend strength.
Trade Limits: Restrict the number of trades per session to maintain disciplined trading.
Automated Exit: Automatically closes all positions at the end of the trading session to avoid overnight risk.
█ HOW TO USE
Configure Inputs :
Stop Loss ($): Set the maximum loss per trade.
Trade Session: Define the active trading hours.
Highest Lookback Window: Specify the number of bars to consider for the highest close.
Apply the Strategy :
Add the ADX Breakout strategy to your chart on TradingView.
Ensure you are using a 30-minute timeframe for optimal performance.
█ LIMITATIONS
Market Conditions: The strategy is optimized for trending markets and may underperform in sideways or highly volatile conditions.
Timeframe Specific: Designed specifically for 30-minute charts; performance may vary on different timeframes.
Single Asset Focus: Primarily tested on NQ and ES instruments; effectiveness on other symbols is not guaranteed.
█ DISCLAIMER
This ADX Breakout strategy is provided for educational and informational purposes only. It is not financial advice and should not be construed as such. Trading involves significant risk, and you may incur substantial losses. Always perform your own analysis and consider your financial situation before using this or any other trading strategy. The source material for this strategy is publicly available in the comments at the beginning of the code script. This strategy has been published openly for anyone to review and verify its methodology and performance.
Volatility Trend Bands [UAlgo]The Volatility Trend Bands is a trend-following indicator that combines the concepts of volatility and trend detection. Built using the Average True Range (ATR) to measure volatility, this indicator dynamically adjusts upper and lower bands around price movements. The bands act as dynamic support and resistance levels, making it easier to identify trend shifts and potential entry and exit points.
With the ATR multiplier, this indicator effectively captures volatility-based shifts in the market. The use of midline values allows for accurate trend detection, which is displayed through color-coded signals on the chart. Additionally, this tool provides clear buy and sell signals, accompanied by intuitive graphical markers for ease of use.
The Volatility Trend Bands is ideal for traders seeking an adaptive trend-following method that responds to changing market conditions while maintaining robust volatility control.
🔶 Key Features
Dynamic Support and Resistance: The indicator utilizes volatility to create dynamic bands. The upper band acts as resistance, and the lower band acts as support for the price. Wider bands indicate higher volatility, while narrower bands indicate lower volatility.
Customizable Inputs
You can tailor the indicator to your strategy by adjusting the:
Price Source: Select the price data (e.g., closing price) used for calculations.
ATR Length: Define the lookback period for the Average True Range (ATR) volatility measure.
ATR Multiplier: This factor controls the width of the volatility bands relative to the ATR value.
Color Options: Choose colors for the bands and signal arrows for better visualization.
Visual Signals: Arrows ("▲" for buy, "▼" for sell) appear on the chart when the trend changes, providing clear entry point indications.
Alerts: Integrated alerts for both buy and sell conditions, allowing you to receive notifications for potential trade opportunities.
🔶 Interpreting Indicator
Upper and Lower Bands: The upper and lower bands are dynamic, adjusting based on market volatility using the ATR. These bands serve as adaptive support and resistance levels. When price breaks above the upper band, it indicates a potential bullish breakout, signaling a strong uptrend. Conversely, a break below the lower band signals a bearish breakout, indicating a downtrend.
Buy/Sell Signals: The indicator provides clear buy and sell signals at breakout points. A buy signal ("▲") is generated when the price breaks above the upper band, suggesting the start of a bullish trend. A sell signal ("▼") is triggered when the price breaks below the lower band, indicating the beginning of a bearish trend. These signals help traders identify potential entry and exit points at key breakout levels.
Color-Coded Bars: The bars on the chart change color based on the trend direction. Teal bars represent bullish momentum, while purple bars signify bearish momentum. This color coding provides a quick visual cue about the market's current direction.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
120 GOAT - Simple Moving Average Breakout IndicatorThe 120 GOAT indicator is a powerful tool designed to help traders identify key breakout points relative to the 120-day Simple Moving Average (SMA). This indicator tracks when the price crosses above or below the 120-day SMA, marking these transition points on the chart with dynamic labels that indicate the percentage change in price since the last crossover.
With the 120 GOAT indicator, traders can:
Identify trend reversals when the price crosses the 120-day SMA.
Monitor price momentum and potential support or resistance levels relative to the 120-day SMA.
Receive alerts when a breakout occurs above or below the 120-day SMA, ensuring they never miss an important market move.
Key Features:
120-day SMA: A customizable 120-day Simple Moving Average that serves as a benchmark for price movements.
Dynamic Labels: The indicator provides labels showing the number of days since the last crossover and the percentage change in price from the previous crossover.
Color-coded Breakout Signals: Labels change color based on the nature of the breakout and price movement:
Above SMA: Green for positive price change, blue for negative.
Below SMA: Orange for positive price change, red for negative.
Price Line Tracking: Displays the current price level relative to the SMA.
Custom Alerts: Set alerts for when the price crosses above or below the 120-day SMA to stay updated on significant market events.
How to Use the 120 GOAT Indicator:
Add the Indicator to Your Chart:
Open TradingView and go to the chart where you want to use the 120 GOAT indicator.
Click on the "Indicators" button at the top of the chart.
Search for "120 GOAT" and select it from the list to apply it to your chart.
Customize the Settings:
Show 120 MA: Toggle this option on if you want the 120-day SMA to be displayed on your chart.
MA Color: Choose your preferred color for the 120-day SMA line.
SMA Length: You can adjust the length of the moving average if you prefer a different period. The default is set to 120 days.
Interpret the Signals:
When the price crosses above the 120-day SMA, the indicator will display a label below the price bar showing the number of days since the last crossover and the percentage change in price. If the price change is positive, the label is green; if negative, it is blue.
When the price crosses below the 120-day SMA, a similar label will appear above the price bar. If the price change is positive, the label is orange; if negative, it is red.
Set Alerts for Key Market Movements:
Go to the Alerts panel and create a new alert.
Select 120 GOAT as the condition.
Choose either "Price Crossed Above SMA 120" or "Price Crossed Below SMA 120" as the alert criteria.
Configure the alert frequency and other settings as needed, then click "Create."
Monitor the Indicator for Trading Opportunities:
Use the breakout signals and percentage change information to identify potential trading opportunities.
Combine this indicator with other technical analysis tools to validate trade setups and enhance decision-making.
Disclaimer: The 120 GOAT indicator is designed for educational purposes and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making trading decisions.
Fake BreakoutThis indicator detect fake breakout on previous day high/low and option previous swing high and low
Rule Detect Fake Breakout On Previous Day High/Low Or Swing high low Fake Breakout -
1) Detect previous day high/low or swing high/low
2)
A) If price revisit on previous day high/swing high look for upside breakout after input
number of candle (1-5) price came back to previous high and breakout happen downside
it show sell because its fake breakout of previous day high or swing high
B) If price revisit on previous day low/swing low look for downside breakout after input
number of candle (1-5) price came back to previous low and breakout upside of previous
day low it show Buy because its fake breakout of previous day low or swing low
Disclaimer -Traders can use this script as a starting point for further customization or as a reference for developing their own trading strategies. It's important to note that past performance is not indicative of future results, and thorough testing and validation are recommended before deploying any trading strategy.
