OPEN-SOURCE SCRIPT
Breakout Signal (Trend+ATR+ADX+Score)
Breakout Signal – Trend + ATR + ADX + Strength Score
This indicator detects high-quality bullish breakout conditions using a multi-filter confirmation system designed to reduce false signals and highlight only strong momentum events.
A breakout signal triggers when all core conditions align:
📌 Breakout Conditions
1. Price Breakout
Breakout occurs when the current high exceeds the previous close by X%.
This avoids noisy open-based signals and focuses on genuine upward expansion.
2. Volume Spike
Current volume must be higher than the average volume × multiplier.
This ensures the breakout is supported by real trading activity.
3. Trend Filter (MA)
Price must be trading above a moving average.
This prevents counter-trend breakouts and focuses on momentum continuation.
4. ATR Rising
ATR must be rising relative to its own moving average.
A rising ATR confirms volatility expansion — a key ingredient of valid breakouts.
5. ADX Trend Strength
ADX must exceed a user-defined threshold (default: 20).
This confirms the market is in a strong trend environment, reducing false signals.
⭐ Breakout Strength Score (0–5)
Each of the 5 filters contributes 1 point:
Trend OK
Volume Spike
ATR Rising
ADX Strong
Price Breakout
A score label appears on valid breakouts:
5/5 → Very strong breakout
4/5 → Strong breakout
3/5 → Moderate breakout
0–2 → Weak / avoided signals
This indicator detects high-quality bullish breakout conditions using a multi-filter confirmation system designed to reduce false signals and highlight only strong momentum events.
A breakout signal triggers when all core conditions align:
📌 Breakout Conditions
1. Price Breakout
Breakout occurs when the current high exceeds the previous close by X%.
This avoids noisy open-based signals and focuses on genuine upward expansion.
2. Volume Spike
Current volume must be higher than the average volume × multiplier.
This ensures the breakout is supported by real trading activity.
3. Trend Filter (MA)
Price must be trading above a moving average.
This prevents counter-trend breakouts and focuses on momentum continuation.
4. ATR Rising
ATR must be rising relative to its own moving average.
A rising ATR confirms volatility expansion — a key ingredient of valid breakouts.
5. ADX Trend Strength
ADX must exceed a user-defined threshold (default: 20).
This confirms the market is in a strong trend environment, reducing false signals.
⭐ Breakout Strength Score (0–5)
Each of the 5 filters contributes 1 point:
Trend OK
Volume Spike
ATR Rising
ADX Strong
Price Breakout
A score label appears on valid breakouts:
5/5 → Very strong breakout
4/5 → Strong breakout
3/5 → Moderate breakout
0–2 → Weak / avoided signals
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.