alGROWithm PremiumIntroducing the alGROWithm indicator!
Years of trading experience and endless hours of screen time has undeniably proven to me that the most fundamental rule of any market is: price moves from supply to supply and demand to demand. Specifically, this means that a breakout of a supply zone , the probability of it reaching the next supply zone before starting consolidate is very high. Similarly, a breakdown from previous demand zone will likely continue to the next demand zone . The identification method of these supply and demand channels is one of the features that sets this indicator apart from other available tools.
What separates alGROWithm from other available tools?
- Proprietary method for identifying supply & demand channels combined with a directional bias computation based on recent historical prices
- Only signaling precise entries based on supply & demand that maximize R/R
- Tracking open positions and displaying a trading plan directly on the chart immediately after signaling entry points
- Indicating precise exit levels to help you avoid exiting too early or trading by emotion
What are the features included in alGROWithm?
Trading Plan Lines : These are the Buy/Short/Take Profit/Exit lines plotted directly on the chart
Show Long Signals : These are the green "BUY" labels that appear on the chart when alGROWithm identifies a critical breakout to the next supply level
Show Short Signals : These are the red "SHORT" labels that appear on the chart when alGROWithm identifies a critical breakdown to the next demand level
Show Take Profit Signals : These are the purple "TP" labels that appear on the chart when alGROWithm identifies that the subsequent supply/ demand level has been hit
Show Exit/Stop Loss Signals : These are the purple "EXIT" labels that appear on the chart when alGROWithm identifies that the trade has run its course and it's time to exit
Show Dashboard : This is a dashboard that is displayed to the right of the latest candle, and contains the following information:
- Current Position : "Long", "Short", or "None"
- Next Profit Target : Only displays if there is an active Position
- Current Bias : alGROWithm computes a directional bias based on recent historical prices. Text will say "Long" or "Short"
- Long/Short Bias Until : alGROWithm's bias will change if this price is hit. Note that these are not BUY or SELL levels - this simply indicates whether things are looking up or down
- Enter Short/Long At : Only displays if Current Position = "None"
Note that you can enable/disable any of these chart overlays at anytime through the indicator settings.
The alGROWithm indicator works on any timeframe, any market, and standard OR Heikin Ashi candlesticks .
I have been working very hard on this indicator and I personally use it on a daily basis with options trading. I am so excited to share the wealth with you!
You can use the link below to visit our website and gain access to the script.
Pesquisar nos scripts por "breakout"
SMART4TRADER-INDEX PATTERN BREAKOUTThe indicator for the TREND market (indices, stocks) works on DAY charts and older
Shows signals to enter a position:
If HIGH is greater than HIGH of the previous candle and LOW is greater than LOW of the previous candle = BUY
If LOW is less than LOW of the previous candle and LOW is less than LOW of the before last candle and HIGH is less than HIGH of the previous candle = SELL
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Индикатор для ТРЕНДОВЫХ рынок (индексы, акции) работает на ДНЕВНЫХ графиках и старше
Показывает сигналы на вход в позицию:
Если HIGH больше HIGH прошлой свечи и LOW больше LOW прошлой свечи = BUY
Если LOW меньше LOW прошлой свечи и LOW меньше LOW позапрошлой свечи и HIGH меньше HIGH прошлой свечи = SELL
RichBomb Tool/IndicatorThis is a customized strategy by RichTL indicator.
RichBomb helps traders catch explosive movements in the market.
RichBomb color the dots/diamonds by orange when at least three RichTL dots/diamonds come very close to each other forming a small range.
We usually on the break of the RichBomb range upward or downward. Stop Loss goes on the last major swing from the other side, and we target a 2/1 Reward/Risk Ratio.
RichBomb is not a stand-alone strategy, but acts as one confluence in your trading plan.
For example, if the price is sitting around resistance, we would be only interested in selling on the RichBomb range breakout downward, not upward.
RichBomb works on all instruments (Forex, Crypto, Index, Stock, Commodity...) and all Timeframes.
Good Luck!
London Open Range Breakout by KviateqThis script is what I currently use to day trade forex on a 5-minute timeframe.
The script features Multi-timeframe EMA20 that uses timeframe multipliers and is smoother by the factor by which you're multiplying your current timeframe.
Default settings are set to display EMA20 on the current (M5) timeframe, as well as M15, H1, H4 and D1 timeframes.
The background color changes intensity based on how many conditions are met - are all EMAs in the right order, is the current close above/below all the EMAs.
Featured is also a range set to 1 hour since the London breakout (can be changed to M15, or however long you'd like - my current setting is 30 minute).
Also featured are levels that I find to be of most importance - such as Daily and Weekly Open, Previous Day's and Week's Highs.
The idea is to only take trades when all stars align - EMAs, break above/below the Opening Range and not to long/short into an important level.
Monster Breakout Index V2Brief Description:
Monster Breakout Index V2 is a the successor to Monster Breakout Index, an indicator I published on May 13, 2020.
Like it's predecessor, MBI V2 gives high quality signals and is incredibly robust at preventing you from trading sideways/consolidating markets.
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Interpreting Signals:
Green = Buy
Red = Sell
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Calculation:
1) Calculate the median price of each bar over n periods. Determine the highest & lowest medians.
2) Current bar's high > highest median? -----Yes = Buy signal
3) Current bar's low < lowest median? -------Yes = Sell signal
Note: Occasionally, the indicator will simultaneously produce both a buy & sell signal. Because of this, it is recommended you use at least one other indicator in conjunction with this one...OR alternatively, ignore this double signal.
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Enjoy ;)
ORB - Opening Range BreakoutThis script plots the high/low of any custom session and extends it until the daily close. It does not show on the timeframe higher than the length of custom opening session by default.
The time period of opening range & the max timeframe to display it on can be adjusted from the settings.
So for eg. if want to use 5m ORB to trade, then set "ORB total time" as 5min & "Session Time" as whatever is the opening 5mins time period of ticker that are trading.
CryptoJur Cat Trade BreakoutSimple range breakout indicator, to catch price action above recent averages. When a candle closes outside the band it will start a long or a short with a simple TP (Take Profit) and SL (Stop Loss).
The use of leverage is just an indication of possible performance. As always use leverage with care ans wisely!
Candle Condition BreakoutHello Everyone
Its indicator Basically base on Candle (Bar)
How to working its indicator?
Condition: if Close equal Low and next bar Open equal Low when plot Bar High and Low line if bar high line Breakout when Long Signal and if Bar Low line Breakout When Short Signal
Indicator Feature
➤ Long Side Signal With Alerts
➤ Short Side Signal With Alerts
➤ Long side Take profit Calculated By Bar High You Can Also Change Calculating Bar Source
➤ Short side Take profit Calculated By Bar High You Can Also Change Calculating Bar Source
➤ Long side Stop Loss Calculated By Bar Open You Can Also Change Calculating Bar Source
➤ Short side Stop Loss Calculated By Bar Open You Can Also Change Calculating Bar Source
➤ You Can Also Target Long TP and SL with One Alert
➤ You Can Also Target Short TP and SL with One Alert
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
[Alerts] Custom ORB with Target/StoplossThis Open Range Breakout (ORB) Indicator displays High, Low for the selected time frame.
Indicator Feature :-
Shows Long & Short signals based on the crossover.
You can use different alerts like Long, Short, Long-TP, Short-TP, Long-SL, Short-SL, Close
You can change Take profit points
Stop Loss will be low of breaking candle when Long signal is generated and high of breaking candle when Short signal is generated
Select Session time to get alerts only on that period
Select Square off and End Session to generate Close alert based on a specific time at the end of the day
In the future, I will Enhance and update this Indicator if needed
If you have any suggestion mention here
Thank you :-)
Box FR-SHLBox SH-SL and breakout :
Box SH-SL and Fixed range :
Box sigH-sigL and breakout :
Used better when combining ichimoku candles :
+ Candles.white = bull
+ Candles.yellow = bear
+ The numbers shows how many candles breakout
+ The " Kumo cloud " represents 2 factions
FIB WEDGE BreakOut-ProNSE:BANKNIFTY
This is Fibonacci retracement Breakout Strategy based on First 5Min of the Day. Retracement line will be auto populated after the confirmation of first 5min candle of the day.
We tested this only on Indian Market, you can try in other Market based on your need but we never tested this in other market.
The levels are defined based fib levels of first 5Min candle. you can use this in any time frame plotting will change accordingly but suggested to use in 5Min.
Compared to my basic version script, pro version has different level plotting and this will give you early entry, Since these are using two different level we cannot club.
3 Bar Triangle Breakout////Current bar's High is less than the 3rd bar's High///
/// and Current bar's Low to be higher the 3rd bar's Low.////
////This then predicts the market might breakout to new levels ////
///within 2-3 of the next coming bars///
////Entry occurs when have two inside days and close break candle three high or low//
//If need more information recommend google search/////
I have coded when candle conducts breakout the formation above is the setup criteria !!
EMA BREAKOUT WITH TP OR SL [NLB]Hello Everyone,
Its Indicator Base On two exponential moving average (EMA) crossover You can Also Choice any input when EMA cross we are plots High and low
Indicator Feature
➤ Long Side Signal With Alerts
➤ Short Side Signal With Alerts
➤ Long side Take profit Calculated By Open Bar You Can Also Change Calculate Bar Source and percentage input
➤ Short side Take profit Calculated By Open Bar You Can Also Change Calculate Bar Source and percentage input
➤ Long side stop loss
➤ Short side stop loss
Important: This Indicator we are using for Automation Trading if You Want This Indicator Access Please Contact me PM on Tradingview
CPR BREAKOUT STRATEGY by ganeshCPR BUY STRATEGY:
This is buy only strategy for stocks for breakout play
Rules :
buy above yellow line with sl of red line tgt green line
with previous day high los close ploted
Monster Breakout IndexThis is the coolest indicator I have ever made to date so far.
The Monster Breakout Index is a completely original idea that I came up with.
MBI is a breakout indicator with one parameter. MBI lives up to its name because of how robust the index is. It gives very little signals, which means that the signals that it does generate are very high quality.
How to Interpret:
Green - Buy
Red - Sell
Would you like to know how this indicator works?
Of course you do! Well here it is...(in steps):
1) Calculate the median price (hl2 price) of each bar over n periods (n is the parameter).
2) Is the current bar's close higher than the highest median? Yes = Buy signal , No = proceed to step 3
3) Is the current bar's close lower than the lowest median? Yes = Sell signal , No = No signal
Recommended setting: 12
If you found this indicator, good job because its a true force to reckon with, its what I would call.....a monster.
Good luck traders, and hit the like button!
