Candle Breakout Oscillator [LuxAlgo]The Candle Breakout Oscillator tool allows traders to identify the strength and weakness of the three main market states: bullish, bearish, and choppy.
Know who controls the market at any given moment with an oscillator display with values ranging from 0 to 100 for the three main plots and upper and lower thresholds of 80 and 20 by default.
🔶 USAGE
The Candle Breakout Oscillator represents the three main market states, with values ranging from 0 to 100. By default, the upper and lower thresholds are set at 80 and 20, and when a value exceeds these thresholds, a colored area is displayed for the trader's convenience.
This tool is based on pure price action breakouts. In this context, we understand a breakout as a close above the last candle's high or low, which is representative of market strength. All other close positions in relation to the last candle's limits are considered weakness.
So, when the bullish plot (in green) is at the top of the oscillator (values above 80), it means that the bullish breakouts (close below the last candle low) are at their maximum value over the calculation window, indicating an uptrend. The same interpretation can be made for the bearish plot (in red), indicating a downtrend when high.
On the other hand, weakness is indicated when values are below the lower threshold (20), indicating that breakouts are at their minimum over the last 100 candles. Below are some examples of the possible main interpretations:
There are three main things to look for in this oscillator:
Value reaches extreme
Value leaves extreme
Bullish/Bearish crossovers
As we can see on the chart, before the first crossover happens the bears come out of strength (top) and the bulls come out of weakness (bottom), then after the crossover the bulls reach strength (top) and the bears weakness (bottom), this process is repeated in reverse for the second crossover.
The other main feature of the oscillator is its ability to identify periods of sideways trends when the sideways values have upper readings above 80, and trending behavior when the sideways values have lower readings below 20. As we just saw in the case of bullish vs. bearish, sideways values signal a change in behavior when reaching or leaving the extremes of the oscillator.
🔶 DETAILS
🔹 Data Smoothing
The tool offers up to 10 different smoothing methods. In the chart above, we can see the raw data (smoothing: None) and the RMA, TEMA, or Hull moving averages.
🔹 Data Weighting
Users can add different weighting methods to the data. As we can see in the image above, users can choose between None, Volume, or Price (as in Price Delta for each breakout).
🔶 SETTINGS
Window: Execution window, 100 candles by default
🔹 Data
Smoothing Method: Choose between none or ten moving averages
Smoothing Length: Length for the moving average
Weighting Method: Choose between None, Volume, or Price
🔹 Thresholds
Top: 80 by default
Bottom: 20 by default
Breakout!
HTF Candle Breakout Fibonacci LevelsThis indicator automatically plots Fibonacci retracement levels on a lower timeframe (LTF) after detecting a breakout candle on a selected higher timeframe (HTF).
🎥 Watch the full tutorial for setup and usage details:
youtu.be
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🔍 How It Works
When a candle on your selected HTF closes beyond the high or low of the previous candle, the indicator automatically draws Fibonacci levels on the LTF.
These levels remain visible until the next HTF candle is formed — allowing you to trade retracements with contextual precision.
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⚙️ Customization Options
From the indicator settings, you can modify:
• The HTF candle timeframe (default is 1D)
• Fibonacci levels and colors
• Enable or disable “ Show Only the Latest Levels ” — ideal for live trading to keep the chart clean and focused.
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🟪 HTF Candles Preview
After applying the indicator, you’ll see 3 vertical bars on the right edge of your LTF chart. These represent a live preview of the last three HTF candles and update in real-time.
If you prefer a cleaner chart, disable this feature via the “ Show HTF Candles ” toggle in the settings.
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Feel free to reach out if you have any questions.
[COG] Advanced School Run StrategyAdvanced School Run Strategy (ASRS) – Explanation
Overview: The Advanced School Run Strategy (ASRS) is an intraday trading approach designed to identify breakout opportunities based on specific time and price patterns. This script applies the concepts of the Advanced School Run Strategy as outlined in Tom Hougaard's research, adapted to work seamlessly on TradingView charts. It leverages 5-minute candlestick data to set actionable breakout levels and provides traders with visual cues and alerts to make informed decisions.
Features:
Dynamic Breakout Levels: Automatically calculates high and low levels based on the market's behavior during the initial trading minutes.
Custom Visualization: Highlights breakout zones with customizable colors and transparency, providing clear visual feedback for bullish and bearish breakouts.
Configurable Alerts: Includes alert conditions for both bullish and bearish breakouts, ensuring traders never miss a trading opportunity.
Reset Logic: Resets breakout levels daily at the market open to ensure accurate signal generation for each session.
How It Works:
The script identifies key levels (high and low) after a configurable number of minutes from the market open (default: 25 minutes).
If the price breaks above the high level or below the low level, a corresponding breakout is detected.
The script draws breakout zones on the chart and triggers alerts based on the breakout direction.
All levels and signals reset at the start of each new trading session, maintaining relevance to current market conditions.
Customization Options:
Line and box colors for bullish and bearish breakouts.
Transparency levels for breakout visualizations.
Alert settings to receive notifications for detected breakouts.
Acknowledgment: This script is inspired by Tom Hougaard's Advanced School Run Strategy. The methodology has been translated into Pine Script for TradingView users, adhering to TradingView’s policies and community guidelines. This script does not redistribute proprietary content from the original research but implements the principles for educational and analytical purposes.
📈 Supertrend + Volume Spike Strategy (AAPL Optimized)🚀 Overview
This strategy is specifically optimized for AAPL on the 45-minute timeframe, combining the Supertrend indicator with volume breakout confirmation and dynamic ATR-based trailing exits. Designed for high-frequency, low-drawdown performance, it maintains strong win rates with smart trade timing.
Whether you're trading tech stocks, indices, or crypto, this logic adapts well to trending markets and offers scalable position control for automated systems or manual traders.
🔍 How It Works
✅ Entry Conditions:
Supertrend flips bullish or bearish
Volume spike confirms move (volume > 1.3 × SMA(20))
Short cooldown to reduce noise
🔁 Exit Logic:
Trailing stop-loss based on ATR
Optional exit on opposite signal to lock gains or cut losses
📊 AAPL 45min Backtest Highlights
✅ Total P&L: +$278,454.67
✅ Profit Factor: 7.384
✅ Win Rate: 98.72%
✅ Drawdown: 1.15%
✅ Total Trades: 2,658
✅ Timeframe: 45-minute
✅ Symbol: AAPL (NASDAQ)
📌 Settings may be fine-tuned per asset or timeframe for maximum edge.
💡 Strategy Settings
ATR Period: 10
Supertrend: ATR = 10, Factor = 3.0
Volume Spike Threshold: 1.3 × SMA(20)
Cooldown Between Trades: 2 bars
Trailing Stop: 1.2 × ATR with offset
🧠 Generated by AI
This strategy was developed using an AI Pine Script Generator, trained to optimize trade logic for trend-based setups with visual clarity and risk control.
It combines real-time analytics with consistent logic tested across various assets and sessions.
🛠 How to Use
Add the script to AAPL 45m or similar trending asset
Adjust cooldown or trailing multiplier as needed
Enable alerts or automation for live setups
Test across assets like TSLA, BTC, QQQ, or ETHUSDT
💬 Final Thoughts
This system is ideal for trend-followers, breakout traders, and semi-automated setups. Use it as-is or evolve it with your own filters or dashboards.
Feedback and ideas are welcome — comment or reach out!
Trailing Stop Loss [TradingFinder] 4 Machine Learning Methods🔵 Introduction
The trailing stop indicator dynamically adjusts stop-loss (SL) levels to lock in profits as price moves favorably. It uses pivot levels and ATR to set optimal SL points, balancing risk and reward.
Trade confirmation filters, a key feature, ensure entries align with market conditions, reducing false signals. In 2023 a study showed filtered entries improve win rates by 15% in forex. This enhances trade precision.
SL settings, ranging from very tight to very wide, adapt to volatility via ATR calculations. These settings anchor SL to previous pivot levels, ensuring alignment with market structure. This caters to diverse trading styles, from scalping to swing trading.
The indicator colors the profit zone between the entry point (EP) and SL, using light green for buy trades and light red for sell trades. This visual cue highlights profit potential. It’s ideal for traders seeking dynamic risk management.
A table displays real-time trade details, including EP, SL, and profit/loss (PNL). Backtests show trailing stops cut losses by 20% in trending markets. This transparency aids decision-making.
🔵 How to Use
🟣 SL Levels
The trailing stop indicator sets SL based on pivot levels and ATR, offering four options: very tight, tight, wide, or very wide. Very tight SLs suit scalpers, while wide SLs fit swing traders. Select the base level to match your strategy.
If price hits the SL, the trade closes, and the indicator evaluates the next trade using the selected filter. This ensures disciplined trade management. The cycle restarts with a new confirmed entry.
Very tight SLs, set near recent pivots, trigger exits early to minimize risk but limit profits in volatile markets. Wide SLs, shown as farther lines, allow more price movement but increase exposure to losses. Adjust based on ATR and conditions, noting SL breaches open new positions.
🟣 Visualization
The indicator’s visual cues, like colored profit zones, simplify monitoring, with light green showing the profit area from EP to trailed SL. Dashed lines mark entry points, while solid lines track the trailed SL, triggering new positions when breached.
When price moves into profit, the area between EP and SL is colored—light green for longs, light red for shorts. This highlights the profit zone visually. The SL trails price, locking in gains as the trade progresses.
🟣 Filters
Upon trade entry, the indicator requires confirmation via filters like SMA 2x or ADX to validate momentum. Filters reduce false entries, though no guarantee exists for improved outcomes. Monitor price action post-entry for trade validity.
Filters like Momentum or ADX assess trend strength before entry. For example, ADX above 25 confirms strong trends. Choose “none” for unfiltered entries.
🟣 Bullish Alert
For a bullish trade, the indicator opens a long position with a green SL Line (after optional filters), trailing the SL below price. Set alerts to On in the settings for notifications, or Off to monitor manually.
🟣 Bearish Alert
In a bearish trade, the indicator opens a short position with a red SL Line post-confirmation, trailing the SL above price. With alerts On in the settings, it notifies the potential reversal.
🟣 Panel
A table displays all trades’ details, including Win Rates, PNL, and trade status. This real-time data aids in tracking performance. Check the table to assess trade outcomes instantly.
Review the table regularly to evaluate trade performance and adjust settings. Consistent monitoring ensures alignment with market dynamics. This maximizes the indicator’s effectiveness.
🔵 Settings
Length (Default: 10) : Sets the pivot period for calculating SL levels, balancing sensitivity and reliability.
Base Level : Options (“Very tight,” “Tight,” “Wide,” “Very wide”) adjust SL distance via ATR.
Show EP Checkbox : Toggles visibility of the entry point on the chart.
Show PNL : Displays profit/loss data for active and closed trades.
Filter : Options (“none,” “SMA 2x,” “Momentum,” “ADX”) validate trade entries.
🔵 Conclusion
The trailing stop indicator, a dynamic risk management tool, adjusts SLs using pivot levels and ATR. Its confirmation filters reduce false entries, boosting precision. Backtests show 20% loss reduction in trending markets.
Customizable SL settings and visual profit zones enhance usability across trading styles. The real-time table provides clear trade insights, streamlining analysis. It’s ideal for forex, stocks, or crypto.
While filters like ADX improve entry accuracy, no setup guarantees success in all conditions. Contextual analysis, like trend strength, is key. This indicator empowers disciplined, data-driven trading.
Opening Range Breakout Detector📈 Opening Range Breakout Detector (TF-Independent)
Tracks breakouts with precision. No matter the chart, no matter the timeframe.
This indicator monitors whether price breaks above or below the Opening Range across multiple key durations — 1m, 5m, 10m, 15m, 30m, 45m, and 60m — using 1-minute data under the hood, while you can work on higher timeframe charts (daily, etc.).
Highlights:
✅ Status table shows which ORs broke UP or DOWN
⏱ Control which timeframes to track
🖼 Customizable table position, size and colors
Crafted by @FunkyQuokka
NYBREAKOUT by FliuxStrategy Concept
This strategy captures high-probability breakout moves by defining a tight 30-minute range during low-volatility hours and trading the first clear break beyond that range with a 2:1 reward-to-risk ratio.
Key Benefits
Simplicity: Clear, time-based range and mechanical entries/exits.
Defined R:R: Automatic 2:1 target ensures consistent risk management.
Time-filtered: Trades only the initial breakout of a calm, pre-session range.
How to Use
Add to Chart: Paste the Pine Script into TradingView’s Pine Editor, then click Add to Chart.
Backtest: Open Strategy Tester to review net profit, drawdown, win rate, and profit factor.
Optimize: Adjust stop-loss offset, R:R ratio, or session window parameters to suit different instruments or volatility regimes.
Moving Volume-Weighted Avg Price, % Channel, BBsThis script includes:
- Moving Volume-Weighted Average Price line.
- User-defined % band above and below, very useful for "breakout" signals, and mentally adjusting to the magnitude of price swings when viewing an automatic scale on the price axis.
- Volume-Weighted Bollinger Bands, which are more sensitive to volume.
More detail:
- This is like TV's basic VWAP in concept, except the major flaw in that is that it has reset periods that you can't override, and the volume is cumulative until the next hard reset. The 'reset' is OK for securities trading, that resets every day anyway. But not for crypto - and not if/when securities trading goes 24/7. Also, the denominator accumulating over the entire period is also *not* OK, because then what is shown means something different as the day progresses - which kind of makes it useless. In other words, it starts out very sensitive to volume, and gets progressively more numb to it as they day progresses, and starts flattening out.
- This fixes both problems, by using a user-definable moving window for the average. Essentially combining SMA with volume-weighting.
- You may also find an invaluable trading aid, in the % bands above and below.
- What can optionally be shown is standard deviation bands, aka Bollinger bands. The advantage over regular BB is that it's volume-weighted. Since it is already calculated on a moving average, the period for the standard deviation has been shortened by default, and the magnitude increased, to better approximate regular Bollinger Bands - but it's still more responsive to volume.
NR4 & NR7 with Breakouts [LuxAlgo]NR4 & NR7 with Breakouts is a simple indicator that utilizes the NR4 and NR7 candle patterns to display candle ranges and signals from range breakouts.
🔶 USAGE
The Narrow Range Patterns are candle formations determined by the last candle having a narrower (high-low) range than the previous number. This indicator showcases the 2 most recognized Narrow Range Patterns, which are the 4 and 7 bar variants (NR4 and NR7).
These patterns, introduced by Toby Crabel, are thought to provide insight for potential market breakouts by identifying periods of low volatility indicated by a candle with a small range. This is due to the idea that markets often move from periods of low volatility (contraction) to high volatility (expansion), and the NR4 and NR7 patterns help spot these transitions.
By utilizing these patterns, traders are better able to anticipate and respond to market shifts for better decision-making and risk management.
NOTE: These patterns have traditionally been studied on the Daily Timeframe Chart. This indicator allows the user to select a timeframe to generate these patterns from. It is suggested to be mindful of this when considering these patterns.
In this indicator, on the bar after the pattern is detected, the Narrow Range Bar will be highlighted with a zone, and lines displaying the range will extend from it. These ranges are helpful for providing levels to set limit orders and for managing risk.
Users are able to adjust which pattern they want visualized on their chart, please note;
All NR7s are NR4s but not all NR4s are NR7s.
Because of this, you will notice that when selecting "NR4" to display, the colors will change, but the detected ranges will not change.
🔹 Signals
When a Narrow Range Bar is detected, the script will wait for the price to close outside of the Range, then a signal will fire indicating the direction of exit. The signals are produced from the last NR4 or NR7 and will have the potential to fire from that range until a new NR4 or NR7 is detected.
After a signal fires, the logic goes into a "reset" period where it will wait for the price to reach the Range Mean before firing another signal.
These signals can be anticipated by considering the underlying logic and watching price approach the range extremities, and can be improved by utilizing other market information for confluence.
🔶 SETTINGS
Timeframe: Choose which timeframe to identify the NR4 and NR7 Pattern on. This must be Higher than the chart timeframe.
Pattern Type: Choose which (or all) patterns to display.
Godfather of Support & Resistance Godfather of Support & Resistance
Overview
The Godfather of Support & Resistance script is a powerful tool designed to help traders identify critical support and resistance levels on their charts. These price levels are vital for understanding market behavior, as they often act as turning points where prices reverse, consolidate, or break through. By automating the detection of these levels, this script simplifies your trading decisions and enhances your technical analysis.
How It Works
Pivot Points for Level Detection:
The script uses pivot points to identify potential support (lows) and resistance (highs) levels:
A pivot high is a local peak (a high surrounded by lower highs).
A pivot low is a local trough (a low surrounded by higher lows).
You can adjust the Pivot Length (pivotLen) input to control the sensitivity of detection. Smaller values detect more levels, while larger values focus on major levels.
Dynamic Grouping with Tolerance:
The script dynamically groups nearby price levels using a tolerance percentage. This tolerance is based on the level's price, making it adaptive to all types of assets (low- and high-priced).
For example, if the tolerance is set to 1% and a level is at $100, levels within $1 are grouped together.
Touch Count for Significance:
The script tracks how many times the price interacts with each level (touch count). Only levels that meet or exceed the Minimum Touches (minTouches) input are displayed on the chart. This ensures only meaningful levels are highlighted.
Clear Visual Representation:
Resistance Levels (Red Lines): Represent areas where the price tends to reverse downward.
Support Levels (Green Lines): Represent areas where the price tends to reverse upward.
Labels are added to each level (optional) to display the price and the number of touches for better decision-making.
Inputs You Can Customize
Minimum Touches to Show Level:
Set the minimum number of price interactions required for a level to be displayed.
Maximum Lines to Keep:
Limit the number of support and resistance lines displayed to keep your chart clean and focused.
Pivot Length:
Customize the sensitivity of pivot point detection. Smaller values detect more levels, while larger values focus on key levels.
Tolerance for Touch Detection (%):
Adjust the grouping tolerance as a percentage of the price. For example, 1% groups levels that are within 1% of each other.
How to Use
Apply the Script:
Add the script to your TradingView chart, and it will automatically detect and plot support and resistance levels.
Analyze the Levels:
Use Resistance Levels (red lines) as potential sell zones or areas to place stop-loss orders above.
Use Support Levels (green lines) as potential buy zones or areas to place stop-loss orders below.
Customize for Your Trading Style:
Adjust the inputs to match your preferred strategy and the timeframe or asset you're analyzing.
Example Use Case
Imagine you're analyzing a stock:
Resistance Level: The script identifies resistance at $150 with 3 touches. This might be a potential sell zone if the price struggles to break through.
Support Level: The script identifies support at $130 with 4 touches. This might be a potential buy zone if the price shows signs of bouncing upward.
Key Features
Automatically detects and plots support and resistance levels.
Tracks the number of price touches to filter out weak levels.
Adapts dynamically to price ranges using a percentage-based tolerance.
Fully customizable to suit different trading styles and assets.
Clean and professional chart display with a limit on the number of lines.
Notes
This script is for educational purposes only and should not be considered financial advice.
Always perform your own analysis and manage risk before making trading decisions.
Why Use This Script?
The Godfather of Support & Resistance script simplifies your trading decisions by automating the detection of critical price levels. Whether you're a beginner or an experienced trader, this script is designed to save you time and help you focus on making informed trades.
Start using it today to master the art of support and resistance trading!
Let me know if you need further refinements for this description!
Open - CSC Bars - 33 CSC Bars – Early Session Price Action Filter
This script detects when the first three bars of the RTH (Regular Trading Hours) session all move in the same direction — either all bullish or all bearish.
It’s a tool for price action traders who want to develop structured opening strategies by observing clean directional agreement at the session start. The indicator highlights the third bar when the sequence confirms directional bias.
🔍 How It Works:
Monitors the first three bars after the RTH session begins.
If all three bars are bullish, it highlights the third bar (same for bearish sequences).
No projections, signals, or entries—purely a visual tool to observe and study opening behavior.
🎯 Use Case:
This script is designed to help traders build and test opening-based frameworks by identifying potential trend bias early in the day.
Note: This is an open-source utility script with a simple function. It does not generate signals or predictions and is intended to assist with observation and discretionary strategy building.
NY ORB, VWAP & EMAsIndicator is designed to display key technical analysis tools on your Trading View chart. It includes:
One of the key benefits of this indicator is that it allows Basic Trading View users to set VWAP, EMAs, and ORB in a single indicator. This is particularly useful for users who are limited to a single indicator on their Basic plan, as it provides a comprehensive view of market sentiment, trend, and potential breakouts without the need for multiple indicators.
Features
New York Opening Range Breakout (ORB): Plots the high and low of the first 15 minutes (configurable) of the New York trading session.
Volume Weighted Average Price (VWAP): Displays the VWAP line, which can be toggled on or off.
Exponential Moving Averages (EMAs): Plots four EMAs (9, 21, 50, and 200 periods), which can also be toggled on or off.
Customization
ORB Length: Choose from 5 or 15 minutes for the ORB calculation.
Show VWAP and EMAs: Toggle the visibility of the VWAP and EMA lines on or off.
Usage
This indicator is designed to help traders identify key market levels, trends, and potential breakouts during the New York trading session. The ORB can be used to gauge market sentiment, while the VWAP provides a benchmark for average price action. The EMAs offer additional trend analysis and can be used to identify potential support and resistance levels.
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.
ZVOL — Z-Score Volume Heatmapⓩ ZVOL transforms raw volume into a statistically calibrated heatmap using Z-score thresholds. Unlike classic volume indicators that rely on fixed MA comparisons, ZVOL calculates how many standard deviations each volume bar deviates from its mean. This makes the reading adaptive across timeframes and assets, in order to distinguish meaningful crowd behavior from random volatility.
📊 The core display is a five-zone histogram, each encoded by color and statistical depth. Optional background shading mirrors these zones across the entire pane, revealing subtle compression or structural rhythm shifts across time. By grounding the volume reading in volatility-adjusted context, ZVOL inhibits impulsive trading tactics by compelling the structure, not the sentiment, to dictate the signal.
🥵 Heatmap Coloration:
🌚 Suppressed volume — congestion, coiling phases
🩱 Stable flow — early trend or resting volume
🏀 High activity — emerging pressure
💔 Extreme — possible climax or institutional print
🎗️ A dynamic Fibonacci-based 21:34-period EMA ribbon overlays the histogram. The fill area inverts color on crossover, providing a real-time read on tempo, expansion, or divergence between price structure and crowd effort.
💡 LTF Usage Suggestions:
• Confirm breakout legs when orange or red zones align with range exits
• Fade overextended moves when red bars appear into resistance
• Watch for rising EMAs and orange volume to front-run impulsive moves
• Combine with volatility suppression (e.g. ATR) to catch compression → expansion transitions
🥂 Ideal Pairings:
• OBVX Conviction Bias — to confirm directional intent behind volume shifts
• SUPeR TReND 2.718 — for directional filters
• ATR Turbulence Ribbon — to detect compression phases
👥 The OBVX Conviction Bias adds a second dimension to ZVOL by revealing whether crowd effort is aligning with price direction or diverging beneath the surface. While ZVOL identifies statistical anomalies in raw volume, OBVX tracks directional commitment using cumulative volume and moving average cross logic. Use them together to spot fake-outs, anticipate structure-confirmed breakouts, or time pullbacks with volume-based conviction.
🔬 ZVOL isn’t just a volume filter — it’s a structural lens. It reveals when crowd effort is meaningful, when it's fading, and when something is about to shift. Designed for structure-aware traders who care about context, not noise.
Adaptable Relative Momentum Index [ParadoxAlgo]The Adaptable Relative Momentum Index (RMI) by ParadoxAlgo is an advanced momentum-based indicator that builds upon the well-known RSI (Relative Strength Index) concept by introducing a customizable momentum length. This indicator measures price momentum over a specified number of periods and applies a Rolling Moving Average (RMA) to both the positive and negative price changes. The result is a versatile tool that can help traders gauge the strength of a trend, pinpoint overbought/oversold levels, and potentially identify breakout opportunities.
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Smart Configuration Feature
What sets this version of the RMI apart is ParadoxAlgo’s exclusive “Smart Configuration” functionality. Instead of manually adjusting parameters, traders can simply select their Asset Class (e.g., Stocks, Forex, Futures/Indices, Crypto, Commodities) and Trading Style (e.g., Scalping, Day Trading, Swing Trading, Short-Term Investing, Long-Term Investing). Based on these selections, the indicator automatically optimizes its core parameters:
• Length – The period over which the price changes are smoothed.
• Momentum Length – The number of bars used to calculate the price change.
By automating this process, users save time on tedious trial-and-error adjustments, ensuring that the RMI’s settings are tailored to the characteristics of specific markets and personal trading horizons.
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Key Features & Benefits
1. Momentum-Based Insights
• Uses RMA to smooth price movements, helping identify shifts in market momentum more clearly than a basic RSI.
• Enhanced adaptability for a wide range of asset classes and time horizons.
2. Simple Yet Powerful Configuration
• Smart Configuration automatically sets optimal parameter values for each combination of asset class and trading style.
• Eliminates guesswork and manual recalibration when switching between markets or timeframes.
3. Overbought & Oversold Visualization
• Integrated highlight zones mark potential overbought and oversold extremes (default at 80 and 20).
• Optional breakout highlighting draws attention to times when the indicator crosses these key thresholds, helping spot possible entry or exit signals.
4. Intuitive Design & Ease of Use
• Clean plotting and color-coded signal lines make it easy to interpret bullish or bearish shifts in momentum.
• Straightforward dropdown menus keep the interface user-friendly, even for novice traders.
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Practical Applications
• Early Trend Detection: Spot emerging trends when the RMI transitions from oversold to higher levels or vice versa.
• Breakout Confirmation: Confirm potential breakout trades by tracking overbought/oversold breakouts alongside other technical signals.
• Support/Resistance Confluence: Combine RMI signals with horizontal support/resistance levels to reinforce trade decisions.
• Trade Timing: Quickly gauge when momentum could be shifting, helping you time entries and exits more effectively.
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Disclaimer
As with any technical indicator, the Adaptable Relative Momentum Index should be used as part of a broader trading strategy that includes risk management, fundamental analysis, and other forms of technical confirmation. Past performance does not guarantee future results.
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Enjoy using the Adaptable RMI and experience a more streamlined, flexible approach to momentum analysis. Feel free to explore different asset classes and trading styles to discover which configurations resonate best with your unique trading preferences.
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements.
Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences.
If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you.
🔷 New Features and Improvements
🟩 Unified System: Trend Detection + Visual Style
You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input:
✅ Enabled → Trend calculated using TTM Squeeze
❌ Disabled → Trend based on Squeeze Momentum
You can also customize the visual style of the indicator:
✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column
❌ Disable it to display the classic LazyBear-style line
Everything updates automatically and dynamically based on your selection.
🟩 Full Customization
Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more.
You can finally adapt the squeeze logic to your strategy — not the other way around.
🟩 Multi-MA Engine
Choose from 15 different Moving Averages for each part of the calculation:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
🟩 Dynamic Signal Line
Apply a moving average to the momentum for real-time cross signals, with full control over its length and type.
🟩 Multi-Timeframe & Multi-Ticker Support
You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting.
🔷 Technical Details and Customizable Inputs
This indicator offers a fully modular structure with configurable parameters for every component:
1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum.
2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart:
✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel)
❌ Disabled – Displays the trend based on Squeeze Momentum logic
🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled.
3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals.
4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands.
5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option.
6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values.
7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure.
8️⃣ Style Settings – Choose how the squeeze is displayed:
Enable "Show Histogram" for Histogram, Area, or Column style
Disable it to show the classic LazyBear-style line
Use Reverse Color to invert line colors
Toggle Show Label to highlight Signal Line cross signals
Customize trend colors to suit your preferences
9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation
🔟 Wait for Timeframe Closes -
✅ Enabled – Prevents multiple signals within the same candle
❌ Disabled – Displays the indicator smoothly without delay
🔧 Default Settings Reference
To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations:
🟩 TTM Squeeze (John Carter Style)
Squeeze
Length: 20
MA Type: SMA
Show TTM Squeeze Trend: Enabled
Bollinger Bands
Length: 20
Multiplier: 2.0
MA Type: SMA
Keltner Channel
Length: 20
Multiplier: 1.0
Use True Range: ON
MA Type: EMA
Style
Show Histogram: Enabled
Reverse Color: Enabled
🟩 Squeeze Momentum (LazyBear Style)
Squeeze
Length: 10
MA Type: SMA
Show TTM Squeeze Trend: Disabled
Bollinger Bands
Length: 20
Multiplier: 1.5
MA Type: SMA
Keltner Channel
Length: 10
Multiplier: 1.5
Use True Range: ON
MA Type: SMA
Style
Show Histogram: Disabled
Reverse Color: Disabled
⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style.
🔷 How to Use Squeeze Momentum Pro
🔍 Identifying Trends
Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic:
Squeeze Momentum Trend (LazyBear-style):
Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel:
🔵 Blue = No Squeeze (BB outside KC and KC outside BB)
⚪️ White = Squeeze Active (BB fully inside KC)
⚫️ Gray = Neutral state (none of the above)
TTM Squeeze Trend (John Carter-style):
Calculates the difference in width between the Bollinger Bands and the Keltner Channel:
🟩 Green = BB width is greater than KC → potential expansion phase
🟥 Red = BB are tighter than KC → possible compression or pre-breakout
📈 Interpreting Signals
Depending on the active configuration, the indicator can provide various signals, including:
Trend color → Reflects the current compression/expansion state (based on selected mode)
Momentum value (above or below 0) → May indicate directional pressure
Signal Line cross → Can highlight momentum shifts
Color change in the momentum → May suggest a potential trend reversal
🛠 Integration with Other Tools
Squeeze Momentum Pro works well alongside other indicators to strengthen market context:
✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes
✅ RSI – Useful to detect divergence between momentum and price
✅ Moving Averages – Ideal for defining primary trend direction and filtering signals
☄️ If you find this indicator useful, leave a Boost to support its development!
Every piece of feedback helps improve the tool and deliver an even better trading experience.
🔥 Share your ideas or feature requests in the comments!
Trendline Breakout Navigator [LuxAlgo]The Trendline Breakout Navigator indicator shows three trendlines, representing trends of different significance between Swing Points.
Dots highlight a Higher Low (HL) or Lower High (LH) that pierces through the Trendline without the closing price breaking the Trendline.
A bar color and background color option is included, which offers insights into the price against the trendlines.
🔶 USAGE
Trendlines (TL) are drawn, starting as a horizontal line from a Swing Point.
When an HL (in the case of a bullish TL) or an LH (bearish TL) is found, this Swing Point is connected to the first Swing Point. In both cases, the TL can be optimized when one or more historical close prices breach the TL (see DETAILS).
A solid-styled long-term trendline represents the overall market direction, while a dashed-styled medium-term trendline captures medium-term movements within the long-term trend. Finally, a dotted-styled short-term trendline tracks short-term fluctuations.
🔹 Swing Points vs. Trend
A "Higher High" (HH) or "Lower Low" (LL) will initialize a new trendline, respectively, starting from the previous "Swing Low" or Swing High".
To spot the trend shift, "HH/LL" labels and an optional background color are included. They can be enabled/disabled or set at "Long, Medium, or Short" term TL (Settings—"MS", "HH/LL" and "Background Color").
These features are linked to one Trendline of choice only.
Where the "HH/LL" labels can show a potential trend shift, the background color is:
Green from the moment the close price breaks above a bearish trendline or when an HH occurs
Red from the moment the close price breaks below a bullish trendline or when an LL occurs
🔹 Bar Color
The bar color will depend on the location of the closing price against the three trendlines. When a trendline is unavailable (for example, if the close price breaks the TL and there is no HH/LL), the last known trendline value will be considered.
All three trendlines influence the bar color.
If the close price is above the "Long Term" TL, the bar color will show a gradient of green, darker when the close price is below the "Medium Term" and/or "Short Term" TLs.
On the other hand, when the close price is below the "Long Term" TL, the bar color will show a gradient of red, which becomes darker when the close price is above the "Medium Term" and/or "Short Term" TLs.
To keep the above example simple, only the "Long Term" TL is considered. The white line (not included in the script) resembles the actual value of the TL at each bar, where you can see the effect on the bar color.
Combined with the trendlines and dots, the bar color can provide extra depth and insights into the underlying trends.
🔹 Tested Trendlines
If a new HL/LH pierces the Trendline without the close price breaking the Trendline, the Trendline will be updated.
The exact location where the price exceeded the Trendline is visualized by a dot, colored blue on a bullish trendline and orange when bearish.
These dots can be indicative of a potential trend continuation or reversal.
🔹 Higher TimeFrame Option
The "Period" setting enables users to visualize higher-timeframe trendlines as long as the line length doesn't exceed 5000 bars.
🔶 DETAILS
When a new trendline is drawn, the script first draws a preliminary line and then checks whether a historical close price exceeded this line above (in the case of a bearish TL) or below (in a bullish case).
Subsequently, the most valid point in between is chosen as the starting point of the Trendline.
🔶 SETTINGS
Period: Choose "chart" for trendlines from the current chart timeframe, or choose a higher timeframe
🔹 Swing Length
Toggle and Swing Length for three trendlines: Period used for the swing detection, with higher values returning longer-term Swing Levels.
🔹 Style
Trendline: color for bullish/bearish Trendline
Wick Dot: color for bullish/bearish trendline test
Term: Long-, medium- or short-term
HH/LL: Show HH/LL labels (with or without previous Swing High/Low) of chosen Term
Background Color: Green when the closing price is above the trendline of choice, red otherwise
Bar Color
Trendline Breaks with Multi Fibonacci Supertrend StrategyTMFS Strategy: Advanced Trendline Breakouts with Multi-Fibonacci Supertrend
Elevate your algorithmic trading with institutional-grade signal confluence
Strategy Genesis & Evolution
This advanced trading system represents the culmination of a personal research journey, evolving from my custom " Multi Fibonacci Supertrend with Signals " indicator into a comprehensive trading strategy. Built upon the exceptional trendline detection methodology pioneered by LuxAlgo in their " Trendlines with Breaks " indicator, I've engineered a systematic framework that integrates multiple technical factors into a cohesive trading system.
Core Fibonacci Principles
At the heart of this strategy lies the Fibonacci sequence application to volatility measurement:
// Fibonacci-based factors for multiple Supertrend calculations
factor1 = input.float(0.618, 'Factor 1 (Weak/Fibonacci)', minval = 0.01, step = 0.01)
factor2 = input.float(1.618, 'Factor 2 (Medium/Golden Ratio)', minval = 0.01, step = 0.01)
factor3 = input.float(2.618, 'Factor 3 (Strong/Extended Fib)', minval = 0.01, step = 0.01)
These precise Fibonacci ratios create a dynamic volatility envelope that adapts to changing market conditions while maintaining mathematical harmony with natural price movements.
Dynamic Trendline Detection
The strategy incorporates LuxAlgo's pioneering approach to trendline detection:
// Pivotal swing detection (inspired by LuxAlgo)
pivot_high = ta.pivothigh(swing_length, swing_length)
pivot_low = ta.pivotlow(swing_length, swing_length)
// Dynamic slope calculation using ATR
slope = atr_value / swing_length * atr_multiplier
// Update trendlines based on pivot detection
if bool(pivot_high)
upper_slope := slope
upper_trendline := pivot_high
else
upper_trendline := nz(upper_trendline) - nz(upper_slope)
This adaptive trendline approach automatically identifies key structural market boundaries, adjusting in real-time to evolving chart patterns.
Breakout State Management
The strategy implements sophisticated state tracking for breakout detection:
// Track breakouts with state variables
var int upper_breakout_state = 0
var int lower_breakout_state = 0
// Update breakout state when price crosses trendlines
upper_breakout_state := bool(pivot_high) ? 0 : close > upper_trendline ? 1 : upper_breakout_state
lower_breakout_state := bool(pivot_low) ? 0 : close < lower_trendline ? 1 : lower_breakout_state
// Detect new breakouts (state transitions)
bool new_upper_breakout = upper_breakout_state > upper_breakout_state
bool new_lower_breakout = lower_breakout_state > lower_breakout_state
This state-based approach enables precise identification of the exact moment when price breaks through a significant trendline.
Multi-Factor Signal Confluence
Entry signals require confirmation from multiple technical factors:
// Define entry conditions with multi-factor confluence
long_entry_condition = enable_long_positions and
upper_breakout_state > upper_breakout_state and // New trendline breakout
di_plus > di_minus and // Bullish DMI confirmation
close > smoothed_trend // Price above Supertrend envelope
// Execute trades only with full confirmation
if long_entry_condition
strategy.entry('L', strategy.long, comment = "LONG")
This strict requirement for confluence significantly reduces false signals and improves the quality of trade entries.
Advanced Risk Management
The strategy includes sophisticated risk controls with multiple methodologies:
// Calculate stop loss based on selected method
get_long_stop_loss_price(base_price) =>
switch stop_loss_method
'PERC' => base_price * (1 - long_stop_loss_percent)
'ATR' => base_price - long_stop_loss_atr_multiplier * entry_atr
'RR' => base_price - (get_long_take_profit_price() - base_price) / long_risk_reward_ratio
=> na
// Implement trailing functionality
strategy.exit(
id = 'Long Take Profit / Stop Loss',
from_entry = 'L',
qty_percent = take_profit_quantity_percent,
limit = trailing_take_profit_enabled ? na : long_take_profit_price,
stop = long_stop_loss_price,
trail_price = trailing_take_profit_enabled ? long_take_profit_price : na,
trail_offset = trailing_take_profit_enabled ? long_trailing_tp_step_ticks : na,
comment = "TP/SL Triggered"
)
This flexible approach adapts to varying market conditions while providing comprehensive downside protection.
Performance Characteristics
Rigorous backtesting demonstrates exceptional capital appreciation potential with impressive risk-adjusted metrics:
Remarkable total return profile (1,517%+)
Strong Sortino ratio (3.691) indicating superior downside risk control
Profit factor of 1.924 across all trades (2.153 for long positions)
Win rate exceeding 35% with balanced distribution across varied market conditions
Institutional Considerations
The strategy architecture addresses execution complexities faced by institutional participants with temporal filtering and date-range capabilities:
// Time Filter settings with flexible timezone support
import jason5480/time_filters/5 as time_filter
src_timezone = input.string(defval = 'Exchange', title = 'Source Timezone')
dst_timezone = input.string(defval = 'Exchange', title = 'Destination Timezone')
// Date range filtering for precise execution windows
use_from_date = input.bool(defval = true, title = 'Enable Start Date')
from_date = input.time(defval = timestamp('01 Jan 2022 00:00'), title = 'Start Date')
// Validate trading permission based on temporal constraints
date_filter_approved = time_filter.is_in_date_range(
use_from_date, from_date, use_to_date, to_date, src_timezone, dst_timezone
)
These capabilities enable precise execution timing and market session optimization critical for larger market participants.
Acknowledgments
Special thanks to LuxAlgo for the pioneering work on trendline detection and breakout identification that inspired elements of this strategy. Their innovative approach to technical analysis provided a valuable foundation upon which I could build my Fibonacci-based methodology.
This strategy is shared under the same Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) license as LuxAlgo's original work.
Past performance is not indicative of future results. Conduct thorough analysis before implementing any algorithmic strategy.
Bollinger Bands MTF & Kalman Filter | Flux Charts📈 Multi-Timeframe Kalman Filtered Bollinger Bands Indicator
Introducing our MTF Kalman Filtered Bollinger Bands – a powerful multi-timeframe Bollinger Bands (BB) indicator enhanced with Kalman filtering for superior smoothing and trend analysis. This indicator dynamically adapts Bollinger Bands across multiple timeframes while incorporating volume-based gradient transparency to highlight significant price movements. This indicator is better optimized for lower timeframes.
❓ How to Interpret the Bands & Volume Gradient:
Our indicator combines Lower Timeframe (LTF) and Higher Timeframe (HTF) Bollinger Bands to provide a comprehensive trend analysis. It applies Kalman filtering to the LTF bands, ensuring smoother, noise-reduced signals. The color gradient and relative volume-based transparency offer deeper insights into price strength.
🔹 LTF Bollinger Bands: Shorter-period bands filtered with a Kalman smoothing algorithm, reducing lag and noise.
🔹 HTF Bollinger Bands: Traditional Bollinger Bands plotted on a higher timeframe, offering macro trend analysis.
🔹 Volume Gradient Transparency: The bands adjust their opacity based on relative buy/sell volume, allowing traders to assess momentum strength.
📌 How Does It Work?
1️⃣ Multi-Timeframe Bollinger Bands Calculation
The LTF BB uses Kalman filtering for a smoother price representation, helping to reduce false signals.
The HTF BB is EMA-smoothed for improved trend clarity.
2️⃣ Adaptive Gradient Transparency
The opacity of the fill color between the bands is determined by relative buy/sell volume.
Higher buy volume = stronger bullish signal (greener bands).
Higher sell volume = stronger bearish signal (redder bands).
3️⃣ Dynamic Trend Signals & Breakouts
Buy Signal: When price breaks below the HTF lower band and LTF bands start rising.
Sell Signal: When price breaks above the HTF upper band and LTF bands start falling.
⚙️ Settings & Customization:
🛠 LTF and HTF Bollinger Bands Settings:
Multiplier: The multiplier applied to the BB to determine the upper and lower bands
Length: Define the number of bars determines the BB calculations.
Custom Timeframe Selection: Choose from predefined options (e.g., 5m, 15m, 1H, 4H, etc).
🎨 Gradient & Transparency Settings:
Bullish/Bearish Color Options: Customize colors for uptrend and downtrend conditions.
Max & Min Opacity: Adjust the transparency levels based on volume intensity.
Solid vs. Gradient Mode: Choose between a gradient fill or a solid color mode for clarity.
📌 Recommended Settings for Optimal Use:
1️⃣ Timeframe Selection (LTF -> HTF):
1 min -> 5 min
2 min -> 5 min
3 min -> 15 min
5 min -> 15 min
15 min -> 1 hr
1 hr -> 4 hr
4 hr -> 1 day
2️⃣ Multiplier: Use 2.0 for LTF and 2.25 for HTF
3️⃣Length: Use a length of 20 - 30 bars
🚀 Why Use This Indicator?
✅ Multi-Timeframe Bollinger Bands with Kalman Filtering – Ideal for traders looking for reduced lag and clearer trend signals.
✅ Volume-Based Transparency – See momentum shifts instantly with adaptive opacity.
✅ Dynamic Buy & Sell Signals – Alerts based on price action + volume trends.
✅ Customizable for Any Strategy – Adjust colors, timeframes, and filtering options for personalized trading.
Breakouts With Timefilter Strategy [LuciTech]This strategy captures breakout opportunities using pivot high/low breakouts while managing risk through dynamic stop-loss placement and position sizing. It includes a time filter to limit trades to specific sessions.
How It Works
A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low.
Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier.
Position size adjusts based on the percentage of equity risked.
Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted.
moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below.
The time filter shades the background during active trading hours.
Customization:
Adjustable pivot length for breakout sensitivity.
Risk settings: percentage risked, risk-reward ratio, and stop-loss type.
ATR settings: length, smoothing method (RMA, SMA, EMA, WMA).
Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.
Fractal Breakout Trend Following System█ OVERVIEW
The Fractal Breakout Trend Following System is a custom technical analysis tool designed to pinpoint significant fractal pivot points and breakout levels. By analyzing price action through configurable pivot parameters, this indicator dynamically identifies key support and resistance zones. It not only marks crucial highs and lows on the chart but also signals potential trend reversals through real-time breakout detections, helping traders capture shifts in market momentum.
█ KEY FEATURES
Fractal Pivot Detection
Utilizes user-defined left and right pivot lengths to detect local highs (pivot highs) and lows (pivot lows). This fractal-based approach ensures that only meaningful price moves are considered, effectively filtering out minor market noise.
Dynamic Line Visualization
Upon confirmation of a pivot, the system draws a dynamic line representing resistance (from pivot highs) or support (from pivot lows). These lines extend across the chart until a breakout occurs, offering a continuous visual guide to key levels.
Trend Breakout Signals
Monitors for price crossovers relative to the drawn pivot lines. A crossover above a resistance line signals a bullish breakout, while a crossunder below a support line indicates a bearish move, thus updating the prevailing trend.
Pivot Labelling
Assigns labels such as "HH", "LH", "LL", or "HL" to detected pivots based on their relative values.
It uses the following designations:
HH (Higher High) : Indicates that the current pivot high is greater than the previous pivot high, suggesting continued upward momentum.
LH (Lower High) : Signals that the current pivot high is lower than the previous pivot high, which may hint at a potential reversal within an uptrend.
LL (Lower Low) : Shows that the current pivot low is lower than the previous pivot low, confirming sustained downward pressure.
HL (Higher Low) : Reveals that the current pivot low is higher than the previous pivot low, potentially indicating the beginning of an upward reversal in a downtrend.
These labels provide traders with immediate insight into the market structure and recent price behavior.
Customizable Visual Settings
Offers various customization options:
• Adjust pivot sensitivity via left/right pivot inputs.
• Toggle pivot labels on or off.
• Enable background color changes to reflect bullish or bearish trends.
• Choose preferred colors for bullish (e.g., green) and bearish (e.g., red) signals.
█ UNDERLYING METHODOLOGY & CALCULATIONS
Fractal Pivot Calculation
The script employs a sliding window technique using configurable left and right parameters to identify local highs and lows. Detected pivot values are sanitized to ensure consistency in subsequent calculations.
Dynamic Line Plotting
When a new pivot is detected, a corresponding line is drawn from the pivot point. This line extends until the price breaks the level, at which point it is reset. This method provides a continuous reference for support and resistance.
Trend Breakout Identification
By continuously monitoring price interactions with the pivot lines, the indicator identifies breakouts. A price crossover above a resistance line suggests a bullish breakout, while a crossunder below a support line indicates a bearish shift. The current trend is updated accordingly.
Pivot Label Assignment
The system compares the current pivot with the previous one to determine if the move represents a higher high, lower high, higher low, or lower low. This classification helps traders understand the underlying market momentum.
█ HOW TO USE THE INDICATOR
1 — Apply the Indicator
• Add the Fractal Breakout Trend Following System to your chart to begin visualizing dynamic pivot points and breakout signals.
2 — Adjust Settings for Your Market
• Pivot Detection – Configure the left and right pivot lengths for both highs and lows to suit your desired sensitivity:
- Use shorter lengths for more responsive signals in fast-moving markets.
- Use longer lengths to filter out minor fluctuations in volatile conditions.
• Visual Customization – Toggle the display of pivot labels and background color changes. Select your preferred colors for bullish and bearish trends.
3 — Interpret the Signals
• Support & Resistance Lines – Observe the dynamically drawn lines that represent key pivot levels.
• Pivot Labels – Look for labels like "HH", "LH", "LL", and "HL" to quickly assess market structure and trend behavior.
• Trend Signals – Watch for price crossovers and corresponding background color shifts to gauge bullish or bearish breakouts.
4 — Integrate with Your Trading Strategy
• Use the identified pivot points as potential support and resistance levels.
• Combine breakout signals with other technical indicators for comprehensive trade confirmation.
• Adjust the sensitivity settings to tailor the indicator to various instruments and market conditions.
█ CONCLUSION
The Fractal Breakout Trend Following System offers a robust framework for identifying critical fractal pivot points and potential breakout opportunities. With its dynamic line plotting, clear pivot labeling, and customizable visual settings, this indicator equips traders with actionable insights to enhance decision-making and optimize entry and exit strategies.
Breakouts with timefilter [LuciTech]Here's the updated description with "colors" replaced by "colours" throughout, maintaining the original structure and content:
Breaking Point 2.0
This is a technical analysis overlay indicator designed to identify breakout levels based on pivot highs and lows, with a focus on price action during customizable time windows using London time (UK). It draws horizontal lines at pivot points and plots signals when price breaks above or below these levels, offering traders a tool to monitor potential bullish or bearish movements. The indicator includes options for time filtering and displaying only the most recent breakout.
Features
The Pivot Breakout Lines display horizontal lines at detected pivot highs (bullish) and pivot lows (bearish), coloured green and red by default. These lines extend from the pivot point to the breakout bar and can be set to show only the latest breakout.
The Breakout Signals mark bullish breakouts with an upward triangle below the bar and bearish breakouts with a downward triangle above the bar, using customizable colours.
The Time Filter restricts signals and lines to a specific window (default: 14:30–15:00 UK), which can be toggled on or off. A shaded background highlights this period when enabled.
How It Works
The indicator calculates pivot highs and lows using a user-defined lookback period (default: 5 bars). When price closes above a pivot high, it triggers a bullish signal and draws a line from the pivot to the breakout bar. When price closes below a pivot low, it triggers a bearish signal with a corresponding line.
If the time filter is active, signals and lines only appear within the specified window. Outside this period—or if the filter is disabled—they appear based solely on price action. The indicator maintains up to three recent pivots in memory, removing older ones as new pivots form.
Alerts are available for both bullish and bearish breakouts, triggered when signals occur.
Settings
Length controls the lookback period for pivot detection (default: 5).
Colours Bull/Bear sets the colours for bullish (default: green) and bearish (default: red) lines and signals.
Show Last Breakout toggles whether only the most recent breakout line and signal are displayed (default: false).
Time Filter enables or disables the time restriction (default: true).
Fill Background toggles a shaded area during the time window (default: true), with a customizable colour.
Time Settings define the start hour/minute and end hour/minute for the filter (default: 14:30–15:00).
Interpretation
The Pivot Breakout Lines highlight levels where price has previously reversed, potentially acting as support or resistance. A breakout above a pivot high may suggest bullish momentum, while a breakout below a pivot low may indicate bearish pressure.
The Breakout Signals provide visual cues for these events, useful for timing entries or exits. When "Show Last Breakout" is enabled, the chart focuses on the most recent signal, reducing clutter.
The Time Filter and background shading help traders concentrate on specific trading sessions, such as high-volatility periods. When disabled, the indicator tracks breakouts across all times.
Trending Market Toolkit [LuxAlgo]The Trending Market Toolkit focuses exclusively on trending market structures and high-confluence, high-risk-to-reward entry models. It is designed to complement discretionary trading by offering different entry strategies based on market structure.
🔶 USAGE
In the chart above we can see how the tool detects several reversals, draws the broken trendlines, the reversal areas from which the tool starts looking for a trigger, and when it finally happens, a potential trade with risk and reward areas and the risk/reward ratio.
🔹 Detection Mode
Traders can choose between three different modes: trend only, reversal only, or both.
If both are active, reversals have priority over trends, so the tool will not detect a trend if a reversal is active.
In the chart above we can see all three modes.
🔹 Detection on Higher Timeframes
Traders can choose to identify structures on the chart timeframe or on a higher timeframe.
In the chart above, we have the SP500 futures on the 5m timeframe with different settings: chart timeframe, 30m, and 1H.
🔹 Risk And Targets
Depending on whether the high-risk/reward parameter is enabled, traders can choose between three different targets and two different stops.
The chart above shows how different choices affect the risk/reward ratio for the same potential trade on the Gold Futures 2m chart.
🔶 SETTINGS
Show: Traders can choose between Trends, Reversals or Both.
🔹 Structures
Swing Length: Number of candles to confirm a swing high or swing low. A higher number detects larger swings.
Custom Timeframe: Traders can make use of the current chart timeframe, or choose a custom timeframe.
Reversal Area Threshold: A higher number increases the reversal area.
🔹 Trades
Trade Trigger Length: Number of candles to confirm an internal high or internal low. A lower number detects smaller swings. It must be the same size or smaller than the swing length.
Target: Traders can choose between the default target (0) or two extended targets (0.27 or 0.618).
Risk to Reward Threshold: Set the minimum risk-to-reward ratio to detect trades. Use the 0 value to detect all trades.
High Risk to Reward: Enable/Disable the high risk to reward mode.
High-Low Breakout Strategy with ATR traling Stop LossThis script is a TradingView Pine Script strategy that implements a High-Low Breakout Strategy with ATR Trailing Stop.created by SK WEALTH GURU, Here’s a breakdown of its key components:
Features and Functionality
Custom Timeframe and High-Low Detection
Allows users to select a custom timeframe (default: 30 minutes) to detect high and low levels.
Tracks the high and low within a user-specified period (e.g., first 30 minutes of the session).
Draws horizontal lines for high and low, persisting for a specified number of days.
Trade Entry Conditions
Long Entry: If the closing price crosses above the recorded high.
Short Entry: If the closing price crosses below the recorded low.
The user can choose to trade Long, Short, or Both.
ATR-Based Trailing Stop & Risk Management
Uses Average True Range (ATR) with a multiplier (default: 3.5) to determine a dynamic trailing stop-loss.
Trades reset daily, ensuring a fresh start each day.
Trade Execution and Partial Profit Taking
Stop-loss: Default at 1% of entry price.
Partial profit: Books 50% of the position at 3% profit.
Max 2 trades per day: If the first trade hits stop-loss, the strategy allows one re-entry.
Intraday Exit Condition
All positions close at 3:15 PM to ensure no overnight risk.
