Breaks and Retests - Free990Strategy Description: "Breaks and Retests - Free990"
The "Breaks and Retests - Free990" strategy is based on identifying breakout and retest opportunities for potential entries in both long and short trades. The idea is to detect price breakouts above resistance levels or below support levels, and subsequently identify retests that confirm the breakout levels. The strategy offers an automated approach to enter trades after a breakout followed by a retest, which serves as a confirmation of trend continuation.
Key Components:
Support and Resistance Detection:
The strategy calculates pivot levels based on historical price movements to define support and resistance areas. A lookback range is used to determine these key levels.
Breakouts and Retests:
The system identifies when a breakout occurs above a resistance level or below a support level.
It then waits for a retest of the previously broken level as confirmation, which is often a better entry opportunity.
Trade Direction Selection:
Users can choose between "Long Only," "Short Only," or "Both" directions for trading based on their market view.
Stop Loss and Trailing Stop:
An initial stop loss is placed at a defined percentage away from the entry.
The trailing stop loss is activated after the position gains a specified percentage in profit.
Long Entry:
A long entry is triggered if the price breaks above a resistance level and subsequently retests that level successfully.
The entry condition checks if the breakout was confirmed and if a retest was valid.
The long entry is only executed if the user-selected direction is either "Long Only" or "Both."
Short Entry:
A short entry is triggered if the price breaks below a support level and subsequently retests that level.
The short entry is only executed if the user-selected direction is either "Short Only" or "Both."
sell_condition checks whether the support has been broken and whether the retest condition is valid.
An initial stop loss is placed when the trade is opened to limit the risk if the trade moves against the position.
The stop loss is calculated based on a user-defined percentage (stop_loss_percent) of the entry price.
pinescript
Copy code
stop_loss_price := strategy.position_avg_price * (1 - stop_loss_percent / 100)
For long positions, the stop loss is placed below the entry price.
For short positions, the stop loss is placed above the entry price.
Trailing Stop:
When a position achieves a certain profit threshold (profit_threshold_percent), the trailing stop mechanism is activated.
For long positions, the trailing stop follows the highest price reached, ensuring that some profit is locked in if the price reverses.
For short positions, the trailing stop follows the lowest price reached.
Code Logic for Trailing Stop:
Exit Execution:
The strategy exits the position when the price hits the calculated stop loss level.
This includes both the initial stop loss and the trailing stop that adjusts as the trade progresses.
Code Logic for Exit:
Summary:
Breaks and Retests - Free990 uses support and resistance levels to identify breakouts, followed by retests for confirmation.
Entry Points: Triggered when a breakout is confirmed and a retest occurs, for both long and short trades.
Exit Points:
Initial Stop Loss: Limits risk for both long and short trades.
Trailing Stop Loss: Locks in profits as the price moves in favor of the position.
This strategy aims to capture the momentum after breakouts and minimize losses through effective use of stop loss and trailing stops. It gives the flexibility of selecting trade direction and ensures trades are taken with confirmation through the retest, which helps to reduce false breakouts.
Original Code by @HoanGhetti
Pesquisar nos scripts por "breakout"
Candle Range Detector [UAlgo]The "Candle Range Detector " is a Pine Script™ indicator designed to identify trading opportunities based on the concept of price consolidation and breakout. It analyzes the price range of a specified number of previous candles and detects when subsequent candles stay within that range (consolidation). The indicator then highlights potential breakouts above or below the range and provides calculated Take Profit (TP) and Stop Loss (SL) levels based on your chosen method (percentage or Average True Range - ATR).
🔶 Key Features
Configurable Range: Define the minimum number of candles required to establish a valid price range.
Breakout Detection: Identify potential breakouts above or below the established range based on your selection (close price or wick).
Take Profit & Stop Loss Levels: The indicator calculates TP and SL levels based on your chosen method (percentage or ATR) and user-defined multipliers. The calculated TP and SL levels are visualized as horizontal lines with corresponding labels ("Take Profit" and "Stop Loss").
Optional Count Display: You can choose to display the number of candles currently within the range.
🔶 Disclaimer:
Not Financial Advice: This indicator is intended for educational and informational purposes only. It does not constitute financial advice or recommendations to buy, sell, or hold any financial instruments.
Use at Own Risk: Trading involves substantial risk of loss and is not suitable for all investors. Users of this indicator should exercise caution and conduct their own research and analysis before making any trading decisions.
Performance Not Guaranteed: Past performance is not indicative of future results. While the indicator aims to assist traders in analyzing market trends, there is no guarantee of accuracy or success in trading operations.
🔷 Related Scripts
Range Finder
Dynamic Levels Breakouts [Angel Algo]INTRODUCTION
The Dynamic Levels Breakouts indicator is a powerful tool designed to identify dynamic support and resistance levels in the price action. It plots these levels on the chart and provides visual signals for bullish and bearish breakouts.
FEATURES
1. Dynamic Support and Resistance Levels.
The indicator calculates the maximum (resistance) and minimum (support) price levels within the defined rolling window. The highest high and lowest low are used to identify dynamic resistance and support levels, respectively.
2. Coloring Conditions
The indicator uses conditional coloring to highlight potential support and resistance levels. When a significant level is detected, it will be colored with a transparent overlay. Red color indicates potential resistance (max_level), and green color indicates potential support (min_level).
3. Bullish and Bearish Breakouts
The indicator also identifies potential bullish and bearish breakouts from the dynamic levels. A bullish breakout occurs when the closing price crosses above the dynamic resistance level (max_level). A bearish breakout occurs when the closing price crosses below the dynamic support level (min_level). The breakout signals are marked with arrow symbols (▲ for bullish and ▼ for bearish) below and above the respective bars.
4. Market Regime
To prevent multiple signals within a short period, the indicator considers the current market regime. If a bullish breakout has occurred recently, it will not generate a new bullish signal until a bearish breakout occurs, and vice versa.
HOW TO USE
The Dynamic Levels Breakouts indicator can be used to identify potential breakout trading opportunities. A bullish breakout signal (▲) suggests a potential long entry or an increase in buying pressure. A bearish breakout signal (▼) indicates a potential short entry or an increase in selling pressure. Traders can use these signals as a reference and combine them with other technical analysis tools and strategies for confirmation.
SETTINGS
Period (length): The user can adjust the "Period" input to define the rolling window for calculating the maximum and minimum price levels. The default value is 20, but it can be set anywhere between 2 and 30. A higher value may yield more significant levels but can also result in delayed signals
[blackcat] L2 Swing Oscillator Swing MeterLevel: 2
Background
Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis.
Function
L2 Swing Oscillator Swing Meter is an oscillator based on breakouts. Another important feature of it is the swing meter, which confirms the top or bottom's confidence level with different color candles. The higher of the candles stack up, the higher confidence level is indicated.
Key Signal
absolutebot ---> absolute bottom with very high confidence level
ltbot ---> long term bottom with high confidence level
mtbot ---> middle term bottom with moderate confidence level
stbot ---> short term bottom with low confidence level
absolutetop ---> absolute top with very high confidence level
lttop ---> long term top with high confidence level
mttop ---> middle term top with moderate confidence level
sttop ---> short term top with low confidence level
fastline ---> oscillator fast line
slowline ---> oscillator slow line
Pros and Cons
Pros:
1. reconfigurable swing oscillator based on breakouts
2. swing meter can confirm/validate the bottom and top signal
Cons:
1. not appliable with trading pairs without volume information
2. small time frame may not trigger swing meter function
Remarks
This is a simple but very comprehensive technical indicator
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
FCPO MASTER v6 – Sideway + Breakout + OB + FVG (TUPLE SAFE)TL;DR cepat
1. Gunakan M5 untuk entry & OB/FVG confirmation.
2. Gunakan M15 untuk confirm trend/false breakout.
3. Gunakan H1 untuk bias arah (overall market).
4. Entry hanya bila signal + OB/FVG/candle rejection (script buatkan).
5. SL 5–8 tick, TP 10–25 tick ikut setup (sideway vs breakout).
6. Follow checklist setiap trade — jangan lompat.
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Setup awal (1–2 min)
1. Pasang script FCPO Sideway MASTER – OB + Imbalance + Confirmation di TradingView.
2. Timeframes: buka M5, M15, H1 (susun 3 chart atau 1 chart multi-timeframe).
3. Input default: ATR14, Breakout Buffer 5 tick, RangeLen 20, ADX14, TP12, SL8. (Kau boleh tweak nanti).
4. Aktifkan alerts pada BUY Confirm / SELL Confirm / Sideway Buy / Sideway Sell.
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Step-by-step trading process
1) Mulakan dengan H1 — tentukan bias HTF
• Lihat H1 untuk jawapan: Trend Up / Down / Sideway.
• Rule ringkas:
o ADX H1 > 20 + price above H1 EMA → bias Bull
o ADX H1 > 20 + price below H1 EMA → bias Bear
o ADX H1 < 20 → market HTF sideway (no strong bias)
Kenapa: H1 bagi kau idea “kalau breakout pada M5, patut follow atau tolak”.
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2) Pergi ke M15 — confirm trend & valid breakout
• M15 kena setuju dengan idea breakout.
o Untuk strong breakout: M15 kena tunjuk candle close di atas/bawah range + volume naik.
o Kalau M5 breakout tapi M15 tak setuju (M15 masih sideway) → treat as fakeout. Jangan masuk.
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3) M5 — cari entry & confirmation (OB/FVG + candle)
• M5 adalah tempat kau buat keputusan masuk.
• Tunggu script keluarkan Sideway Buy/Sell atau Breakout Buy/Sell.
• CONFIRM entry mesti ada sekurang-kurangnya 1 dari:
o Bull/Bear Order Block searah signal (script detect).
o FVG / Imbalance zone dipenuhi & price retest.
o Candle rejection (pinbar / bearish/bullish engulfing) pada zone.
Jika tiada confirmation → no trade.
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4) Checklist sebelum tekan Buy/Sell (MUST)
• H1 bias tidak melawan trade (prefer sama arah).
• M15 confirm breakout / trend or neutral.
• Script keluarkan signal (sideway or breakout).
• OB or FVG atau candle rejection ada.
• ATR kenaikan jika breakout (untuk breakout trade).
• Volume spike jika breakout.
• Risk:SL <= 2% akaun (position sizing).
Kalau semua ticked → boleh entry.
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5) Setting SL / TP & position sizing
• Sideway (scalp): SL = 5–8 tick, TP = 8–12 tick.
• Breakout (trend): SL = 8–12 tick, TP = 15–25+ tick (trail later).
• Position sizing: Risk per trade 1–2%.
o Lot size = (Account Risk RM × 1 tick value) / (SL ticks × tickValue) — (kalau kau gunakan fixed tick value, adjust ikut lot).
(Script tunjuk SL & TP label — follow itu.)
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6) Entry types
• A. Sideway Reversal (M5)
o Signal: Sideway Buy / Sideway Sell
o Confirm: OB/FVG or rejection candle at range bottom/top
o Trade: scalp target 8–12 tick, tight SL 5–8 tick
• B. Breakout (M5 entry, M15 confirm)
o Signal: Breakout Buy/Sell (Strong)
o Confirm: ATR expanding + volume spike + M15 alignment
o Trade: trend follow, TP 15–25 tick, trailing stop active
• C. Retest Entry
o Breakout happens, price returns to retest range / OB / FVG → wait for rejection candle then enter. Safer.
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7) Trailing & exit rules
• Jika useTrail = true script plots trailing stop (ATR × multiplier).
• Exit rules:
1. Hit TP → close.
2. Hit SL → close.
3. If trailing stop hit → close.
4. If opposing confirmed signal muncul (e.g., SELL confirm while long) → consider close early.
5. If H1 bias flips strongly vs trade → tighten stop or close.
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8) Multiple signals & scaling
• Never add to losing position (no averaging down).
• If want scale-in on confirmed trend: add 1 partial size after price moves +10–12 tick in favor and shows continuation candle + no bearish OB/FVG.
• Keep aggregated risk within your max (2–3%).
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9) Example trade walkthrough (concrete)
• RangeHigh = 4065, RangeLow = 4035 (contoh).
• Market sideway M5.
Case A — Sideway Sell:
1. Price touches 4064–4065, script shows sidewaySell.
2. Lihat OB: ada bear OB zone di 4062–4066 → confirm.
3. Candle rejection (bearish pinbar) muncul → enter SELL M5.
4. Set SL = 5 tick above rangeHigh = 4070, TP = 10 tick → 4055.
5. Trail jika price turun > 8 tick: aktifkan trailing.
6. Close at TP or trail/SL.
Case B — Breakout Buy:
1. Price closes above 4065 + 5 tick buffer = 4070 on M5. Script shows trueBreakUp.
2. M15 shows candle close above M15 resistance + volume spike → confirm.
3. Enter BUY, SL = 8 tick below entry, TP initial 20 tick, trail with ATR×1.5.
4. Move stop to breakeven after +10 tick, scale out half at +12 tick, leave rest to trail.
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10) Journal & review
• Semua trade: record entry time, TF, reason (which confirmations), SL/TP, result, lesson.
• Weekly review: check which confirmation worked best (OB vs FVG vs candle) and tweak settings.
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11) Tweaks / optimisations cepat
• Jika terlalu banyak false sideway signals → kurangkan touchDist ke 2 tick.
• Kalau fakeout breakout banyak → tambah tickBuf ke 6–8.
• Nak lebih konservatif → cuma trade breakout yang juga setuju M15.
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12) Alerts & execution (practical)
• Pasang alert pada BUY Confirm / SELL Confirm (script).
• Kalau kau guna broker yang support one-click order, siap sediakan template order (SL/TP default).
• Kalau manual, bila alert masuk: buka M5, cepat confirm OB/FVG & candle rejection → entry.
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Quick reference table (handy)
• TF utama entry: M5
• Confirm mid-TF: M15
• Bias HTF: H1
• Sideway SL/TP: SL 5–8, TP 8–12
• Breakout SL/TP: SL 8–12, TP 15–25+
• Mandatory confirmation: (Script signal) + (OB or FVG or candle)
Bassi's Consolidation Breakout — ULTIMATE PRO + VPOverview
Bassi’s Consolidation Breakout — ULTIMATE PRO + VP is a professional-grade breakout detection system that combines price structure, volume confirmation, volatility compression, and custom volume profile logic.
The indicator automatically detects compressed consolidation zones, confirms breakouts with multi-layer filters, and plots full trade setups including:
Entry level
Stop-loss
TP1, TP2, TP3 (R:R based)
Trend filters + MTF EMA
Retest validation
Volume Profile confirmation (POC / VAH / VAL)
This is one of the most complete breakout frameworks for TradingView.
🔍 Core Concept
The script detects tight consolidation boxes based on:
Price range (% compression)
Lookback period
Minimum required bars
Breakout above/below the box
Once the consolidation ends, breakout signals fire only if they pass all filters.
This focuses your trading on high-probability breakouts only.
🔥 Key Features
1️⃣ Automated Consolidation Box Detection
Draws consolidation boxes dynamically
Identifies tight range compression
Supports advanced range logic for high accuracy
2️⃣ Smart Breakout + Retest Engine
Breakouts and breakdowns require:
Structure break
Minimum breakout expansion (0.15%)
Volume confirmation
Trend (200 EMA) confirmation
Optional retest validation
Optional Volume Profile filter
Each valid breakout prints a signal + full trade setup.
3️⃣ Custom Volume Profile Engine
Fast and lightweight custom-built VP that calculates:
POC (Point of Control)
VAH (Value Area High)
VAL (Value Area Low)
These levels can optionally be used to filter weak breakouts.
4️⃣ Multi-Timeframe Trend Filter
Uses 200 EMA from any selected higher timeframe
Helps avoid counter-trend fakeouts
Fully optional
5️⃣ Automatic Trade Setup Projection
Each breakout generates:
Stop-loss (ATR × multiplier)
TP1 (R:R)
TP2 (R:R)
TP3 (optional)
Clean signal labels
Only keeps the last 2 signals to maintain clarity
6️⃣ Alerts Included
Alerts fire instantly when a valid breakout occurs:
“Bassi LONG + VP”
“Bassi SHORT + VP”
Alerts include ticker + entry price.
📘 Usage Guide & Trading Rules
✔ Recommended Trading Steps
1. Wait for a confirmed consolidation box
Box must be narrow
Must meet minimum bar requirement
2. Wait for a confirmed breakout signal
Signal requires:
Breakout above/below box
Volume confirmation
Trend & MTF confirmation if enabled
Optional retest
Optional VP filter (close outside VAH/VAL)
3. Follow the projected setup
The script prints:
Entry
SL
TP1 / TP2 / TP3
Target lines extend automatically.
📖 How to Use the Script (Trading Rules)
1️⃣ Long Entry Rules
Enter Long when:
Price breaks above trend confirmation level
Momentum signal turns bullish
Candle closes above trigger line
Volatility filter is satisfied
Exit Long:
TP1/TP2/TP3 levels
Reversal signal
Trailing stop hit
2️⃣ Short Entry Rules
Enter Short when:
Price breaks below trend confirmation level
Momentum signal turns bearish
Candle closes below trigger line
Volatility filter is satisfied
Exit Short:
TP1/TP2/TP3 levels
Trend reversal
Trailing stop hit
✔ Recommended Markets
Crypto
Forex
Indices
Futures
Stocks
Works on all timeframes from 1-minute to daily.
✔ Best Practice
Avoid taking signals against HTF trend
Prefer signals that break away from VAH/VAL
Use TP1 to secure partial profits
Move SL to breakeven after TP1 if desired
Always follow personal risk management
👤 Author
Created by: Mahdi Bassi
Professional trader & systems designer
Focused on structural, volume-based and volatility-based strategies.
⚠️ Disclaimer
This script is for educational purposes only.
No indicator can guarantee profits.
Always use proper risk management and trade responsibly.
Qullamagi EMA Breakout Autotrade (Crypto Futures L+S)Title: Qullamagi EMA Breakout – Crypto Autotrade
Overview
A crypto-focused, Qullamagi-style EMA breakout strategy built for autotrading on futures and perpetual swaps.
It combines a 5-MA trend stack (EMA 10/20, SMA 50/100/200), volatility contraction boxes, volume spikes and an optional higher-timeframe 200-MA filter. The script supports both long and short trades, partial take profit, trailing MA exits and percent-of-equity position sizing for automated crypto futures trading.
Key Features (Crypto)
Qullamagi MA Breakout Engine – trades only when price is aligned with a strong EMA/SMA trend and breaks out of a tight consolidation range. Longs use: Close > EMA10 > EMA20 > SMA50 > SMA100 > SMA200. Shorts are the mirror condition with all MAs sloping in the trend direction.
Strict vs Loose Modes – Strict (Daily) is designed for cleaner swing trades on 1H–4H (full MA stack, box+ATR and volume filters, optional HTF filter). Loose (Intraday) focuses on 10/20/50 alignment with relaxed filters for more frequent 15m–30m signals.
Volatility & Volume Filters for Crypto – ATR-based box height limit to detect volatility contraction, wide-candle filter to avoid chasing exhausted breakouts, and a volume spike condition requiring current volume to exceed an SMA of volume.
Higher-Timeframe Trend Filter (Optional) – uses a 200-period SMA on a higher timeframe (default: 1D). Longs only when HTF close is above the HTF 200-SMA, shorts only when it is below, helping avoid trading against dominant crypto trends.
Autotrade-Oriented Trade Management – position size as % of equity, initial stop anchored to a chosen MA (EMA10 / EMA20 / SMA50) with optional buffer, partial take profit at a configurable R-multiple, trailing MA exit for the remainder, and an optional cooldown after a full exit.
Markets & Timeframes
Best suited for BTC, ETH and major altcoin futures/perpetuals (Binance, Bybit, OKX, etc.).
Strict preset: 1H–4H charts for classic Qullamagi-style trend structure and fewer fake breakouts.
Loose preset: 15m–30m charts for higher trade frequency and more active intraday trading.
Always retune ATR length, box length, volume multiplier and position size for each symbol and exchange.
Strategy Logic (Quick Summary)
Long (Strict): MA stack in bullish alignment with all MAs sloping up → tight volatility box (ATR-based) → volume spike above SMA(volume) × multiplier → breakout above box high (close or intrabar) → optional HTF close above 200-SMA.
Short: Mirror logic: bearish MA stack, tight box, volume spike and breakdown below box low with optional HTF downtrend.
Best Practices for Crypto
Backtest on each symbol and timeframe you plan to autotrade, including commissions and slippage.
Start on higher timeframes (1H/4H) to learn the behavior, then move to 15m–30m if you want more signals.
Use the higher-timeframe filter when markets are strongly trending to reduce counter-trend trades.
Keep position-size percentage conservative until you fully understand the drawdowns.
Forward-test / paper trade before connecting to live futures accounts.
Webhook / Autotrade Integration
Designed to work with TradingView webhooks and external crypto trading bots.
Alert messages include structured fields such as: EVENT=ENTRY / SCALE_OUT / EXIT, SIDE=LONG / SHORT, STRATEGY=Qullamagi_MA.
Map each EVENT + SIDE combination to your bot logic (open long/short, partial close, full close, etc.) on your preferred exchange.
Important Notes & Disclaimer
Crypto markets are highly volatile and can change regime quickly. Backtest and forward-test thoroughly before using real capital. Higher timeframes generally produce cleaner MA structures and fewer fake breakouts.
This strategy is for educational and informational purposes only and does not constitute financial advice. Trading leveraged crypto products involves substantial risk of loss. Always do your own research, manage risk carefully, and never trade with money you cannot afford to lose.
Multi Pivot Trend [BigBeluga]🔵 OVERVIEW
The Multi Pivot Trend is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.
This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.
🔵 CONCEPTS
Market trend strength is reflected by multiple pivot breakouts, not just one.
The indicator analyzes ten pivot structures from smaller to larger swings.
Each bullish or bearish pivot breakout contributes to trend score.
Mitigation options (close / wick / HL2) imitate smart-money breakout confirmation logic.
Trend score is averaged and translated into colors and extension bars.
Neutral regime ≈ weak trend or transition zone (trend compression).
🔵 FEATURES
Multi-Pivot Engine — tracks 10 pivot-based trend signals simultaneously.
Mitigation Modes :
• Close — breakout requires candle close beyond pivot
• Wicks — breakout requires wick violation
• HL2 — breakout confirmed when average (H+L)/2 crosses level
Dynamic Color System :
• Blue → confirmed bullish rotation
• Red → confirmed bearish rotation
• Orange → neutral / transition state
Breakout Visualization — draws pivot breakout lines in real-time.
Trend Labels — prints trend %.
Trend Volatility-Scaled Extension Candles — ATR/trend strength based candle projections show momentum continuation strength.
Gradient Pivot Encoding — higher pivot lengths = deeper structure considered.
🔵 HOW TO USE
Use strong blue/red periods to follow dominant structural trend.
Watch for color transition into orange — possible trend change or consolidation.
Pivot breakout lines help validate structure shifts without clutter.
Wick mitigation catches aggressive liquidity-sweep based breaks.
Close/HL2 mitigation catches cleaner market structure rotations.
Extension bars visualize trend pressure — large extensions = strong push.
Best paired with volume or volatility confirmation tools.
🔵 CONCLUSION
The Multi Pivot Trend is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.
Real Relative Strength Breakout & BreakdownReal Relative Strength Breakout & Breakdown Indicator
What It Does
Identifies high-probability trading setups by combining:
Technical Breakouts/Breakdowns - Price breaking support/resistance zones
Real Relative Strength (RRS) - Volatility-adjusted performance vs benchmark (SPY)
Key Insight: The strongest signals occur when price action contradicts market direction—breakouts during market weakness or breakdowns during market strength show exceptional buying/selling pressure.
Real Relative Strength (RRS) Calculation
RRS measures outperformance/underperformance on a volatility-adjusted basis:
Power Index = (Benchmark Price Move) / (Benchmark ATR)
RRS = (Stock Price Move - Power Index × Stock ATR) / Stock ATR
RRS (smoothed) = 3-period SMA of RRS
Interpretation:
RRS > 0 = Relative Strength (outperforming)
RRS < 0 = Relative Weakness (underperforming)
Signal Types
🟢 Large Green Triangle (Premium Long)
Condition: Breakout + RRS > 0
Meaning: Stock breaking resistance WHILE outperforming benchmark
Best when: Market is weak but stock breaks out anyway = exceptional strength
Use: High-conviction long entries
🔵 Small Blue Triangle (Standard Breakout)
Condition: Breakout + RRS ≤ 0
Meaning: Breaking resistance but underperforming benchmark
Typical: "Rising tide lifts all boats" scenario during market rally
Use: Lower conviction—may just be following market
🟠 Large Orange Triangle (Premium Short)
Condition: Breakdown + RRS < 0
Meaning: Stock breaking support WHILE underperforming benchmark
Best when: Market is strong but stock breaks down anyway = severe weakness
Use: High-conviction short entries
🔴 Small Red Triangle (Standard Breakdown)
Condition: Breakdown + RRS ≥ 0
Meaning: Breaking support but outperforming benchmark
Typical: Stock falling less than market during selloff
Use: Lower conviction—may recover when market does
Why Large Triangles Matter
Large signals show divergence = genuine institutional flow:
Stock breaking out while market falls → Aggressive buying despite headwinds
Stock breaking down while market rallies → Aggressive selling despite tailwinds
These setups reveal where real conviction lies, not just momentum-following behavior.
Quick Settings
RRS: 12-period lookback, 3-bar smoothing, vs SPY
Breakouts: 5-period pivots, 200-bar lookback, 3% zone width, 2 minimum tests
Opening Range BreakoutOpen Range Breakout (ORB) – Trading Strategy Documentation
Definition:
The Open Range Breakout (ORB) is a short-term trading strategy that identifies the price range established during the initial period of market opening (typically the first 15 to 60 minutes) and uses the high and low of that range as key reference levels for potential breakout entries.
Components:
Open Range High: The highest price traded during the defined opening period.
Open Range Low: The lowest price traded during the same period.
Breakout Trigger: A price move above the Open Range High or below the Open Range Low, signaling potential continuation momentum.
How It Works:
Define the Opening Period: Select a time window (e.g., 30 minutes) at market open to establish the initial range.
Identify Range Boundaries: Record the high and low prices during this period.
Monitor for Breakout: Watch for price to break and close above the Open Range High (bullish breakout) or below the Open Range Low (bearish breakout).
Enter Trade: Enter long on a confirmed break above the Open Range High, or short on a break below the Open Range Low. Entry may be triggered on a retest of the broken level or with volume confirmation.
Set Stop-Loss and Target:
Stop-loss: Placed just inside the open range (e.g., below the high for long, above the low for short).
Profit target: Based on volatility (e.g., ATR multiple) or support/resistance levels.
Key Assumptions:
Early price action reflects initial market sentiment.
A breakout from this range indicates strong directional momentum likely to continue.
Best Conditions:
High liquidity markets (e.g., major indices, large-cap stocks).
Volatile or news-driven trading sessions.
Used primarily in intraday trading.
Limitations:
Prone to false breakouts during low-volume or choppy markets.
Requires strict risk management due to reliance on timing and confirmation.
Conclusion:
The ORB strategy capitalizes on early market momentum by trading breakouts from the initial price range. Its effectiveness depends on precise range definition, timely execution, and disciplined risk control.
PumpC Opening Range Breakout (ORB) 5min Range📄 PumpC ORB 5-Minute Opening Range Breakout Indicator
✨ Overview
The PumpC ORB 5-Minute Opening Range Breakout indicator captures early session price action by tracking the high, low, and open of a defined 5-minute window at market open (customized for Futures or Stocks).
It plots breakout levels, extension targets, average range calculations, volume tracking, and provides visual and table-based data summaries.
This indicator is designed for traders seeking a complete, clean visualization of Opening Range Breakouts (ORB) with flexible customization.
⚙️ Main Features
Opening Range Box (ORB Box) Draws a box around the high and low of the first 5-minute session (8:30–8:35 ET for Futures, 9:30–9:35 ET for Stocks). Box extends from the session open to the session close (4:00 PM ET). Option to enable/disable historical boxes. Box color and opacity are customizable. Core ORB Levels Open Level: Plots the open price of the 5-minute ORB window. ORB Levels: Plots breakout levels at multiples: +0.5x the range +1.5x the range (customizable factor) Each level has independent color settings and visibility toggles. Option to show or hide historic extension levels. Table Display Compact table in the top-right corner showing: ORB ATR (average range) ORB ATR in ticks Today's ORB range ORB Volume ATR (average volume during ORB) Today's ORB Volume Volume is formatted automatically into "K" (thousands) or "M" (millions) for readability. Background Highlights After the ORB window closes: Blue highlight if today's ORB range is greater than the 10-day ATR average. Orange highlight if today's ORB range is smaller than the 10-day ATR average. Helps quickly assess relative strength or weakness compared to historical behavior. Alerts Breakout Confirmations: Fires when price closes above ORB High or below ORB Low. Fallout Traps: Alerts when price wick crosses ORB High/Low but closes back inside the range. Alerts use clean titles and simple messages for easy identification.
🔧 Inputs and Customization
Mode Toggle: Choose between Futures (8:30 ET open) or Stocks (9:30 ET open). Show/Hide Labels: Control label visibility for ORB and extension levels. Line Width Control: Customize thickness for ORB lines and extension levels. ORB Level Level Visibility: Independently enable or disable each extension line. Table Appearance: Customize table background color, font color, and padding. ORB Box Settings: Customize box color and control whether historical boxes are drawn.
📚 How to Use
Select Mode: Choose Futures or Stocks depending on your instrument. Observe the Opening Range: Focus on the ORB High and ORB Low during the first 5 minutes after the open. Monitor Breakouts: Breakout alerts will fire when price closes outside the ORB range, signaling potential continuation. Watch for Fallout Traps: Fallout alerts signal when price briefly wicks above/below but closes back inside the ORB range. Use Table Metrics: Instantly compare today's ORB range and volume versus historical averages to assess session strength or weakness.
🛡️ Notes
Best used on the 1-minute or 5-minute chart for intraday trading. Ensure your TradingView chart time zone is set to New York for correct functioning. Alerts must be manually configured after adding the indicator to your chart.
Bullish and Bearish Breakout Alert for Gold Futures PullbackBelow is a Pine Script (version 6) for TradingView that includes both bullish and bearish breakout conditions for my intraday trading strategy on micro gold futures (MGC). The strategy focuses on scalping two-legged pullbacks to the 20 EMA or key levels with breakout confirmation, tailored for the Apex Trader Funding $300K challenge. The script accounts for the Daily Sentiment Index (DSI) at 87 (overbought, favoring pullbacks). It generates alerts for placing stop-limit orders for 175 MGC contracts, ensuring compliance with Apex’s rules ($7,500 trailing threshold, $20,000 profit target, 4:59 PM ET close).
Script Requirements
Version: Pine Script v6 (latest for TradingView, April 2025).
Purpose:
Bullish: Alert when price breaks above a rejection candle’s high after a two-legged pullback to the 20 EMA in a bullish trend (price above 20 EMA, VWAP, higher highs/lows).
Bearish: Alert when price breaks below a rejection candle’s low after a two-legged pullback to the 20 EMA in a bearish trend (price below 20 EMA, VWAP, lower highs/lows).
Context: 5-minute MGC chart, U.S. session (8:30 AM–12:00 PM ET), avoiding overbought breakouts above $3,450 (DSI 87).
Output: Alerts for stop-limit orders (e.g., “Buy: Stop=$3,377, Limit=$3,377.10” or “Sell: Stop=$3,447, Limit=$3,446.90”), quantity 175 MGC.
Apex Compliance: 175-contract limit, stop-losses, one-directional news trading, close by 4:59 PM ET.
How to Use the Script in TradingView
1. Add Script:
Open TradingView (tradingview.com).
Go to “Pine Editor” (bottom panel).
Copy the script from the content.
Click “Add to Chart” to apply to your MGC 5-minute chart .
2. Configure Chart:
Symbol: MGC (Micro Gold Futures, CME, via Tradovate/Apex data feed).
Timeframe: 5-minute (entries), 15-minute (trend confirmation, manually check).
Indicators: Script plots 20 EMA and VWAP; add RSI (14) and volume manually if needed .
3. Set Alerts:
Click the “Alert” icon (bell).
Add two alerts:
Bullish Breakout: Condition = “Bullish Breakout Alert for Gold Futures Pullback,” trigger = “Once Per Bar Close.”
Bearish Breakout: Condition = “Bearish Breakout Alert for Gold Futures Pullback,” trigger = “Once Per Bar Close.”
Customize messages (default provided) and set notifications (e.g., TradingView app, SMS).
Example: Bullish alert at $3,377 prompts “Stop=$3,377, Limit=$3,377.10, Quantity=175 MGC” .
4. Execute Orders:
Bullish:
Alert triggers (e.g., stop $3,377, limit $3,377.10).
In TradingView’s “Order Panel,” select “Stop-Limit,” set:
Stop Price: $3,377.
Limit Price: $3,377.10.
Quantity: 175 MGC.
Direction: Buy.
Confirm via Tradovate.
Add bracket order (OCO):
Stop-loss: Sell 175 at $3,376.20 (8 ticks, $1,400 risk).
Take-profit: Sell 87 at $3,378 (1:1), 88 at $3,379 (2:1) .
Bearish:
Alert triggers (e.g., stop $3,447, limit $3,446.90).
Select “Stop-Limit,” set:
Stop Price: $3,447.
Limit Price: $3,446.90.
Quantity: 175 MGC.
Direction: Sell.
Confirm via Tradovate.
Add bracket order:
Stop-loss: Buy 175 at $3,447.80 (8 ticks, $1,400 risk).
Take-profit: Buy 87 at $3,446 (1:1), 88 at $3,445 (2:1) .
5. Monitor:
Green triangles (bullish) or red triangles (bearish) confirm signals.
Avoid bullish entries above $3,450 (DSI 87, overbought) or bearish entries below $3,296 (support) .
Close trades by 4:59 PM ET (set 4:50 PM alert) .
MACD Crossover Breakout Rays with VWAP & Breakout ConfirmationOverview
This script is designed to highlight potential strong breakout moves by combining MACD crossovers, VWAP confirmation, and price action breakouts. It helps traders identify momentum shifts and filter high-probability trade setups.
How It Works
1. MACD Crossover Detection
- The script detects bullish crossovers (MACD line crossing above the signal line) and bearish crossovers (MACD line crossing below the signal line).
- A horizontal ray is drawn at the high (bullish) or low (bearish) of the crossover candle.
2. Multi-Timeframe MACD Confirmation
- A secondary MACD crossover is checked on a lower timeframe (default: 5 minutes) to confirm the strength of the move.
- The script ensures alignment between the primary and lower timeframe MACD crossovers before signaling a strong move.
3. VWAP Confirmation
- A bullish breakout is valid only if the price is above the VWAP.
- A bearish breakout is valid only if the price is below the VWAP.
4. Breakout Validation
- The script waits for price action confirmation—a breakout is only valid when a candle closes above (bullish) or below (bearish) the horizontal ray.
- Once confirmed, the ray color changes to blue to signal a strong move.
5. Label Alerts for Strong Moves
- When all conditions align, the script prints "STRONG 💪 MOVE" above or below the breakout candle.
- The previous label is automatically removed to keep the chart clean.
Customization Options
- MACD Settings: Adjust fast/slow lengths and signal smoothing.
- Lower Timeframe Confirmation: Choose a different timeframe for multi-timeframe MACD validation.
- VWAP Filtering: Ensure breakouts align with volume-weighted trends.
- Ray Length & Colors: Customize the horizontal ray length, width, and colors.
- Breakout Confirmation Window: Adjust how many bars to check for MACD alignment.
Best Use Cases
✅ Identifying high-probability breakouts with trend confirmation.
✅ Filtering out false signals by requiring multi-timeframe agreement.
✅ Helping traders stay in momentum-driven moves with strong confirmation.
⚠ Note: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
Time-Weighted Price Action IndicatorThe Time-Weighted Price Action Indicator is a simple yet effective tool designed to detect consolidation zones based on time duration and highlight potential reversal points using a contrarian breakout logic. Instead of following traditional breakout strategies, this indicator aims to capitalize on false breakouts and reversal entries.
How It Works
• The indicator identifies a price range (zone) using a configurable lookback period.
• If the price remains within this range for a specified number of bars (threshold), a consolidation zone is confirmed.
• Once a breakout or breakdown from this zone occurs, the indicator triggers a reversed signal — suggesting a potential reversal instead of a trend-following entry.
• Support and resistance levels are marked visually, and BUY/SELL labels are plotted when price re-enters the zone, indicating potential exhaustion or traps.
Key Features
• ✅ Time-based consolidation detection
• ✅ Contrarian signal logic (Buy at breakdowns, Sell at breakouts)
• ✅ Dynamic zone plotting with support/resistance visualization
• ✅ Auto-reset after each breakout for fresh zone detection
• ✅ Visual labels and alerts for BUY/SELL signals
How to Use
• Ideal for range-bound markets or identifying trap zones around support/resistance.
• Use in conjunction with volume, momentum, or trend filters to refine entries.
• Can complement mean reversion strategies or be used as a signal confirmation tool.
Why This Combination?
This approach blends time-based consolidation logic with a contrarian price action perspective, offering traders a different lens to analyze markets. Instead of blindly following breakouts, it highlights areas where price rejections and false breakouts often occur — common in algorithm-driven markets.
Why It’s Worth Using
This indicator helps you stay ahead of trap zones, identify reversal spots, and understand price behavior in consolidation zones — a critical edge, especially in sideways or choppy markets. It adds context to price movement, helping traders avoid common breakout failures.
Note:
• No performance guarantees or exaggerated claims.
• No solicitation or promotional language used.
• This is a free, open-source educational tool meant to aid price action understanding.
FVG Breakout Lite by tradingbauhausExplanation of "FVG Breakout Lite by tradingbauhaus"
This script is a trading strategy built for TradingView that helps you spot and trade "Fair Value Gaps" (FVGs)—price areas where the market moved quickly, leaving a gap that might act as support or resistance later. It’s designed to catch breakout opportunities when the price moves strongly in one direction, with extra filters to make trades more reliable. Here’s how it works and how you can use it:
What It Does
1. Finds Fair Value Gaps (FVGs):
A "Bullish FVG" happens when the price jumps up quickly, leaving a gap below where it didn’t trade much (e.g., today’s low is higher than the high from two bars ago).
A "Bearish FVG" is the opposite: the price drops fast, leaving a gap above (e.g., today’s high is lower than the low from two bars ago).
The script draws colored boxes on your chart to show these gaps: green for bullish, red for bearish.
2. Spots Breakouts:
It looks for "strong" FVGs by comparing them to a trend (based on the highest highs and lowest lows over a set period).
If a bullish gap forms above the recent highs, or a bearish gap below the recent lows, it’s marked as a breakout opportunity.
3. Adds a Volume Check:
Trades only happen if the market’s volume is higher than usual (e.g., 1.2x the average volume over the last 20 bars). This helps ensure the breakout has real momentum behind it.
4. Trades Automatically:
Long Trades (Buy): If a bullish breakout FVG forms and volume is high, it buys at the current price.
Short Trades (Sell): If a bearish breakout FVG forms with high volume, it sells short.
Each trade comes with a stop loss (to limit losses) and a take profit (to lock in gains), both adjustable by you.
5. Shows Mitigation Lines (Optional):
If you turn on "Display Mitigation Zones," it draws lines at the edge of each breakout FVG. These lines show where the price might return to "fill" the gap later, helping you see key levels.
6. Includes Webull Costs:
The script factors in real trading fees from Webull, like tiny SEC and FINRA fees for selling, and a daily margin cost if you’re borrowing money to trade. These don’t show up on the chart but affect the strategy’s performance in backtesting.
How to Use It
1. Add to Your Chart:
Copy the script into TradingView’s Pine Editor, click "Add to Chart," and it’ll start drawing FVGs and running the strategy.
2. Customize Settings:
Trend Period (Default: 25): How many bars it looks back to define the trend. Longer periods mean fewer but stronger signals.
Volume Lookback (Default: 20) & Volume Threshold (Default: 1.2): Adjust how it measures "high volume." Increase the threshold for stricter trades.
Stop Loss % (Default: 1.5%) & Take Profit % (Default: 3%): Set how much you’re willing to lose or aim to gain per trade.
Margin Rate % (Default: 8.74%): Webull’s rate for borrowing money—lower it if your account qualifies for a better rate.
Display Mitigation Zones (Default: On): Toggle this to see or hide the gap lines.
Colors: Change the green (bullish) and red (bearish) shades to suit your chart.
3. Backtest It:
Go to the "Strategy Tester" tab in TradingView to see how it performs on past data. It’ll show trades, profits, losses, and Webull fees included.
4. Watch It Work:
Green boxes mean bullish FVGs; red boxes mean bearish FVGs. If volume spikes and the price breaks out, you’ll see trades happen automatically.
What to Expect
Visuals: You’ll see colored boxes for FVGs and optional lines showing where they start. These help you spot key price zones even if you’re not trading.
Trades: It’s selective—only trades when FVGs align with a breakout and volume confirms it. Expect fewer trades but with higher potential.
Risk: The stop loss keeps losses in check, while the take profit aims for a 2:1 reward-to-risk ratio by default (3% gain vs. 1.5% loss).
Costs: Webull’s fees are small but baked into the results, so you’re seeing a realistic picture of profits.
Tips for Users
Test it on a small timeframe (like 5-minute charts) for day trading or a larger one (like daily) for swing trading.
Play with the volume threshold—if you get too few trades, lower it (e.g., 1.1); if too many, raise it (e.g., 1.5).
Watch how price reacts to the mitigation lines—they’re often support or resistance zones traders target.
This strategy is lightweight, focused, and built for traders who like breakouts with a bit of confirmation. It’s not foolproof (no strategy is!), but it gives you a clear way to trade FVGs with some smart filters.
Support and Resistance Breakouts By RICHIESupport and resistance are fundamental concepts in technical analysis used to identify price levels on charts that act as barriers, preventing the price of an asset from getting pushed in a certain direction. Here’s a detailed description of each and how breakout strategies are typically used:
Support
Support is a price level where a downtrend can be expected to pause due to a concentration of demand. As the price of an asset drops, it hits a level where buyers tend to step in, causing the price to rebound.
Support Level Identification: Support levels are identified by looking at historical data where prices have repeatedly fallen to a certain level but have then rebounded.
Strength of Support: The more times an asset price hits a support level without breaking below it, the stronger that support level is considered to be.
Resistance
Resistance is a price level where an uptrend can be expected to pause due to a concentration of selling interest. As the price of an asset increases, it hits a level where sellers tend to step in, causing the price to drop.
Resistance Level Identification: Resistance levels are identified by looking at historical data where prices have repeatedly risen to a certain level but have then fallen back.
Strength of Resistance: The more times an asset price hits a resistance level without breaking above it, the stronger that resistance level is considered to be.
Breakouts
A breakout occurs when the price moves above a resistance level or below a support level with increased volume. Breakouts can be significant because they suggest a change in supply and demand dynamics, often leading to strong price movements.
Breakout Above Resistance: Indicates a bullish market sentiment. Traders often interpret this as a sign to enter a long position (buy).
Breakout Below Support: Indicates a bearish market sentiment. Traders often interpret this as a sign to enter a short position (sell).
Breakout Trading Strategies
Confirmation: Wait for a candle to close beyond the support or resistance level to confirm the breakout.
Volume: Increased volume on a breakout adds credibility, suggesting that the price move is supported by strong buying or selling interest.
Retest: Sometimes, after a breakout, the price will return to the breakout level to test it as a new support or resistance. This retest offers another entry point.
Stop-Loss: Place stop-loss orders just below the resistance (for long positions) or above the support (for short positions) to limit potential losses in case of a false breakout.
Take-Profit: Identify target levels for taking profits. These can be set based on previous support/resistance levels or using tools like Fibonacci retracements.
Daily Pivots with Fakeout Protection█ OVERVIEW
The "Daily Pivots with Fakeout Protection" indicator is a powerful tool designed to help traders identify potential price breakouts and pivot levels on daily charts. This indicator calculates and displays daily pivot points along with breakout lines that are adjusted to provide a certain level of protection against fakeouts, which are false price movements that can mislead traders.
█ FEATURES
• Pivot Timeframe Selection: You can choose the timeframe for the pivot calculations. The default is set to daily (D), but you have the flexibility to select other timeframes as well.
• Fakeout Protection: A percentage-based parameter allows you to define the amount of protection you want against fakeouts. This helps filter out potentially unreliable breakouts.
• Bullish and Bearish Signals: The indicator distinguishes between bullish and bearish conditions by comparing the closing price to the daily high and low.
• Breakout Signals: Triangular symbols (upward and downward) appear below and above bars to signal potential breakout points. These are based on the closing price crossing the adjusted breakout lines.
• Visual Representation: Pivot points, daily high, and daily low are plotted on the chart, with distinctive line styles and colors for easy identification.
• Background Highlighting: The background color of the chart changes when a new period begins, helping you quickly recognize the start of a new trading day.
• Color-Coded Zones: The indicator colors the background around the closing price differently based on whether the market is bullish (green) or bearish (red).
█ HOW TO USE
1 — Apply the "Daily Pivots with Fakeout Protection" indicator to your TradingView chart.
2 — Customize the parameters like pivot timeframe and fakeout protection percentage according to your trading preferences.
3 — Watch for the triangular breakout symbols that appear above and below bars, indicating potential breakout points.
4 — Keep an eye on the pivot points, daily high, and daily low lines to understand price levels relevant to the current trading day.
5 — Use the background color changes to quickly identify the beginning of a new trading day and any potential shifts in market sentiment.
Note:
• This indicator is designed for daily charts but can be adjusted to work with other timeframes as well.
• Be cautious of relying solely on breakout signals; consider using additional technical and fundamental analysis for confirmation.
Start integrating the "Daily Pivots with Fakeout Protection" indicator into your trading strategy to enhance your ability to identify breakouts and pivot levels more effectively.
Trendlines with Breaks [LuxAlgo]The trendlines with breaks indicator return pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method.
Trendline breakouts occur in real-time and are not subject to backpainting. Trendlines can however be subject to repainting unless turned off from the user settings.
The indicator includes integrated alerts for trendline breakouts.
🔶 USAGE
Any valid trendlines methodology can be used with the indicator, users can identify breakouts in order to infer future price movements.
The calculation method of the slope greatly affects the trendline's behaviors. By default, an average true range is used, returning a more constant slope amongst trendlines. Other methods might return trendlines with significantly different slopes.
Stdev makes use of the standard deviation for the slope calculation, while Linreg makes use of the slope of a linear regression.
The above chart shows the indicator using "Stdev" as a slope calculation method. The chart below makes use of the "Linreg" method.
By default trendlines are subject to backpainting, and as such are offset by length bars in the past. Disabling backpainting will not offset the trendlines.
🔶 SETTINGS
Length: Pivot points period
Slope: Slope steepness, values greater than 1 return a steeper slope. Using a slope of 0 would be equivalent to obtaining levels.
Slope Calculation Method: Determines how the slope is calculated.
Backpaint: Determine whether trendlines are backpainted, that is offset to past.
Robrechtian Long-Medium Breakout Trend SystemRobrechtian Long–Medium-Term Breakout Trend System
A professional, rule-based trend-following strategy designed to capture large, sustained price movements using pure price action and breakouts.
This system follows long-established trend-following philosophy: no prediction, no volatility targeting, and no profit targets. Only disciplined entries, position additions, and exits driven entirely by trend structure.
Core Principles
Breakout-driven entries: Initial positions are taken only when price breaks above/below the 80-day Donchian channel, confirming a long–medium-term trend shift.
Short-term confirmation: Breakouts must also exceed the 20-day channel, reducing false positives.
Trend-direction filter: A 50-day moving average slope filter ensures alignment with the broader trend.
Explosive bar filter: Entries avoid excessively large, single-candle expansions (>2.5× ATR(20)) to prevent chasing exhaustion spikes.
Pyramiding into strength: Additional units are added only when price makes fresh 20-day breakouts in the direction of the trend. No scaling out. No adding on dips.
Exit only on trend violation: Positions are closed exclusively when price breaks the opposite 80-day channel. This preserves unlimited upside while enforcing disciplined exits.
Pure trend philosophy: No volatility targeting, no smoothing, no discretionary overrides, no optimization for short-term performance.
Intended Use
This system is designed primarily for diversified futures portfolios, where diversification across dozens of globally liquid markets creates robustness and stability. However, it may also be used on individual assets for educational and analytical purposes.
The system embraces the core trend-following logic:
Small losses, big winners, and unlimited upside when trends persist.
⚠️ WARNINGS / DISCLAIMERS
⚠️ Warning 1 — This strategy is not optimized for single stocks
The Robrechtian Trend System is designed for multi-asset futures portfolios, not single equities.
Performance on individual tickers may vary greatly due to lack of diversification.
⚠️ Warning 2 — Trend following includes substantial drawdowns
Deep drawdowns are a normal and expected feature of all long-term trend-following systems.
The strategy does not attempt to smooth returns or manage volatility.
If you seek steady, low-volatility equity curves, this system is not suitable.
⚠️ Warning 3 — No volatility targeting or risk smoothing
This system intentionally avoids volatility-based position sizing.
Trades may experience larger fluctuations than systems using risk parity or vol targeting.
⚠️ Warning 4 — Not financial advice
This script is for educational and research purposes only.
Past performance does not guarantee future results.
Use at your own risk.
⚠️ Warning 5 — TradingView backtests have known limitations
TradingView does not simulate:
futures contract roll logic
slippage
real bid/ask spreads
liquidity conditions
limit-up/limit-down behavior
Results may vary from live market execution.
Long-Term Strategy: 1-Year Breakout + 6-Month ExitDescripción (Description): (Copia y pega todo lo que está dentro del recuadro de abajo)
Description
This is a long-term trend-following strategy designed to capture major market moves while filtering out short-term noise. It is based on the classic principle of "buying strength" (Breakouts) and allowing profits to run, while cutting losses when the medium-term trend reverses.
How it Works (Logic)
1. Entry Condition (Long Only): The strategy looks for a significant display of strength. It enters a Long position only when two conditions are met simultaneously:
Price Breakout: The closing price exceeds the highest high of the last 252 trading days (approximately 1 year). This ensures we are entering during a strong momentum phase.
Trend Filter: The SuperTrend indicator (Settings: ATR 10, Factor 3.0) must be bullish. This acts as a confirmation filter to avoid false breakouts in choppy markets.
2. Exit Condition: The strategy uses a trailing stop based on price action, not a fixed percentage.
It closes the position when the price closes below the lowest low of the last 126 trading days (approximately 6 months).
This wide exit allows the trade to "breathe" during normal market corrections without exiting the position prematurely.
Settings & Risk Management
Capital Usage: The script is configured to use 10% of equity per trade to reflect realistic risk management (compounding).
Commissions: Included at 0.1% to simulate real trading costs.
Slippage: Included (3 ticks) to account for market execution variability.
Best Use: This strategy is intended for higher timeframes (Daily or Weekly) on trending assets like Indices, Crypto, or Commodities.
Price Action [BreakOut] InternalKey Features and Functionality
Support & Resistance (S/R): The script automatically identifies and draws support and resistance lines based on a user-defined "swing period." These lines are drawn from recent pivot points, and users can customize their appearance, including color, line style (solid, dashed, dotted), and extension (left, right, or both). The indicator can also display the exact price of each S/R level.
Trendlines: It draws trendlines connecting pivot highs and pivot lows. This feature helps visualize the current trend direction. Users can choose to show only the newest trendlines, customize their length and style, and select the source for the pivot points (e.g., candle close or high/low shadow).
Price Action Pivots: This is a core component that identifies and labels different types of pivots based on price action: Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL). These pivots are crucial for understanding market structure and identifying potential trend changes. The script marks these pivots with shapes and can display their price values.
Fractal Breakouts: The script identifies and signals "fractal breakouts" and "breakdowns" when the price closes above a recent high pivot or below a recent low pivot, respectively. These signals are visually represented with up (⬆) and down (⬇) arrow symbols on the chart.
Customization and Alerts: The indicator is highly customizable. You can toggle on/off various features (S/R, trendlines, pivots, etc.), adjust colors, line styles, and text sizes. It also includes an extensive list of alert conditions, allowing traders to receive notifications for:
Price Crossovers: When the close price crosses over or under a support or resistance level.
Trendline Breaks: When the price breaks above an upper trendline or below a lower trendline.
Fractal Breaks: When a fractal breakout or breakdown occurs.
GrayZone Sniper [CHE] — Breakout Validation System GrayZone Sniper — Breakout Validation System
Trade only the clean breakouts. Detect the sideways “gray zone,” wait for a confirmed breach, and act only when momentum (TFRSI) and range expansion (Mean Deviation) align. Clear long/short triggers, one-shot exit signals, and persistent levels keep your manual trading disciplined and repeatable.
Why it boosts manual trading
* No guesswork: Grey box marks consolidation; you trade the validated break.
* Fewer fakeouts: Triggers require momentum + volatility—not just a wick through a level.
* Rules > bias: Optional close-only signals stop intrabar noise.
* Built-in exits: One-shot LS/SS (Long/Short Stop) when conditions degrade.
* Actionable visuals: Gray-zone boxes, persistent highs/lows, and a smooth T3 trendline.
What it does (short + precise)
1. Maps consolidation as a gray box (running high/low while state is neutral).
2. Validates breakouts only when:
* Mean Deviation filter says current range expands vs. its own baseline, and
* TFRSI momentum is above 50 + deadzone (long) or below 50 − deadzone (short), and
* Price closes beyond the last gray high/low (optional close-only).
→ You get L (long) or S (short).
3. Manages exits with a smooth T3 trendline plus MD trend: when MD weakens and T3 turns against the prior side, you get a single LS/SS stop signal.
4. Extends structure: Last gray-zone H/L can persist as right-extended levels for retests/targets.
5. Ready for alerts: Prebuilt alert conditions for L, S, LS, SS.
Signals at a glance
* L – Long Trigger (validated breakout up)
* S – Short Trigger (validated breakout down)
* LS – Long Stop (exit hint for open long)
* SS – Short Stop (exit hint for open short)
Why TFRSI + Mean Deviation is a killer combo
They measure different, complementary things—and that reduces correlated errors.
* Mean Deviation (MD) = range expansion filter. It checks whether current absolute deviation of Typical Price from its SMA (|TP − SMA(TP)|) is greater than its own historical mean deviation baseline. In plain English: *is the market actually moving beyond its usual wiggle?* If not, most breakouts are noise.
* TFRSI = directional momentum around a 50 baseline, normalized and smoothed to react fast while avoiding raw RSI twitchiness.
* Synergy:
* MD confirms there’s energy (volatility regime has expanded).
* TFRSI confirms where that energy points (bull or bear).
* Requiring both gives you high-quality, directional expansion—the exact condition that tends to produce follow-through, while filtering the classic “thin break, immediate snap-back.”
Result: Fewer trades, better quality. You skip most range breaks without momentum or momentum pops without real expansion.
Inputs & Functions (clean overview)
Core: TFRSI & MD
* TFRSI Length (`tfrsiLen`, default 6): Longer = smoother, slower.
* TFRSI Smoothing (`tfrsiSignalLen`, default 2): SMA on TFRSI for cleaner signals.
* Mean Deviation Period (`mdLen`, default 20): Baseline for expansion filter.
* Use classical MD (`useTaDev`, default off):
* Off: MD vs current SMA (warning-free internal baseline).
* On: Classical `ta.dev` implementation.
* TFRSI Deadzone ± around 50 (`tfrsiDeadzone`, default 1.0): Wider deadzone = stricter momentum confirmation (less chop).
Triggers & Logic
* Trigger only on bar close (`fireOnCloseOnly`, default on): Confirmed signals only; no intrabar flicker.
* Reset gray bounds after trigger (`resetGrayBoundsAfterTrigger`, default on): Clears last gray H/L once a trade triggers.
* Auto-deactivate on neutral (`autoDeactivateOnNeutral`, default off): Strict disarm when state flips back to neutral.
Gray-Zone Boxes
* Show boxes (`showGrayBoxes`, default on): Draws the neutral consolidation box.
* Max boxes (`maxGrayBoxes`, default 10): How many historic boxes to keep.
* Transparency (`boxFillTransp`/`boxBorderTransp`, defaults 85/30): Visual tuning.
Trendline (T3)
* T3 Length (`t3Length`, default 3): Smoothing depth (higher = smoother).
* T3 Volume Factor (`t3VolumeFactor`, default 0.7): Controls responsiveness of the T3 curve.
Persistent Levels
* Persist gray H/L (`saveGrayLevels`, default on): Extend last gray high/low to the right.
* Max saved level pairs (`maxSavedGrayLvls`, default 1): How many H/L pairs to keep.
* Reset levels on trigger (`resetLevelsOnTrig`, default off): Clean slate after new trigger.
Debug & Visuals
* Show debug markers (`showDebugMarkers`, default on): Display L/S/LS/SS in the pane.
* Show legend (`showLegend`, default on): Compact legend (top-right).
How to trade it (practical)
1. Keep close-only on. Let the market finish the candle.
2. Wait for a clean gray box. Let the range define itself.
3. Take only L/S triggers where MD filter passes and TFRSI confirms.
4. Use persistent levels for retests/partials/targets.
5. Respect LS/SS. When expansion fades and T3 turns, exit without debate.
Tuning tips:
* More chop? Increase `tfrsiDeadzone` or `mdLen`.
* Want faster entries? Slightly reduce `t3Length` or deadzone, but expect more noise.
* Works across assets/timeframes (crypto/FX/indices/equities).
Bottom line
GrayZone Sniper enforces a simple, robust rule: Don’t touch the market until it breaks a defined range with real expansion and aligned momentum. That’s why TFRSI + Mean Deviation is hard to beat—and why your manual breakout trades get cleaner, calmer, and more consistent.
Disclaimer:
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence with Triple Power Stop (CHE)! 🚀
Happy trading
Chervolino
SONIC R BREAK FINAL (VER5)
Purpose: Capture breakouts through Support/Resistance (S/R) zones based on Pivot and filter signals using EMA 34 (High/Low/Close), EMA 89, volume, and candle structure. Includes a Higher Timeframe (H4) RSI risk warning (visual only, does not block entries).
How it works
S/R zones from Pivot
Draws Resistance and Support using ta.pivothigh/ta.pivotlow with Left/Right Bars.
S/R lines are locked with offset to reduce repaint.
EMA trend filters
EMA34 High/Low/Close build a “EMA 34 band”.
EMA89 works as the main trend filter.
Trend conditions:
Long: close above all EMA34 High/Low/Close and EMA89.
Short: close below all EMA34 High/Low/Close and EMA89.
Volume filter (optional)
Signal valid only if Volume > SMA(Volume, n).
Wick filter
Each wick (upper/lower) ≤ 50% of candle range to avoid weak breakouts.
Higher TF RSI risk (H4)
Fetches RSI from a higher timeframe (default H4).
If RSI exceeds threshold, breakout labels turn gray (risk warning only).
Anti-repeat mechanism
Each new pivot resets trigger.
Each S/R level triggers only once until the next pivot is formed.
Signals & Alerts
Label “B” (green) below candle: breakout above Resistance, valid EMA/Volume/Wick conditions.
Label “S” (red) above candle: breakout below Support, valid EMA/Volume/Wick conditions.
Gray labels = H4 RSI risk warning.
Unified alert: “S/R Breakout (Unified)” with message B=Buy, S=Sell, Gray=Risk.
Parameters
Show Breaks: toggle breakout detection.
Left/Right Bars: pivot sensitivity.
Require Volume > Average + Volume MA Length: volume filter.
Use H4 RSI Risk Warning: enable higher TF RSI check.
RSI Length, Higher TF (minutes), RSI thresholds for Buy/Sell risk.
Usage tips
Prioritize trades in the same direction as EMA89 and EMA34 trend.
Works on M5 to H4; best combined with RSI H4 when trading M15/M30.
Place SL behind the S/R just broken, TP by fixed RR or EMA trailing.
Increase Left/Right Bars for stronger zones and less noise in sideways markets.
Notes
Pivot still has repaint element (mitigated by offset).
This indicator is not financial advice. Always combine with proper risk management.
Version
Clean v4: added wick ≤50% filter, H4 RSI risk coloring, volume filter, anti-repeat pivot trigger, unified alert, EMA34 H/L/C background shading.
