PumpC Opening Range Breakout (ORB) 5min Range๐ PumpC ORB 5-Minute Opening Range Breakout Indicator
โจ 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.
โ๏ธ Main Features
Opening Range Box (ORB Box) Draws a box around the high and low of the first 5-minute session (8:30โ8:35 ET for Futures, 9:30โ9:35 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.
๐ง 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.
๐ 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.
๐ก๏ธ 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.
Cari skrip untuk "breakout"
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 Apexโs 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 candleโs 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 candleโs 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 AMโ12:00 PM ET), avoiding overbought breakouts above $3,450 (DSI 87).
Output: Alerts for stop-limit orders (e.g., โBuy: Stop=$3,377, Limit=$3,377.10โ or โSell: Stop=$3,447, Limit=$3,446.90โ), 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 โPine Editorโ (bottom panel).
Copy the script from the content.
Click โAdd to Chartโ 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 โAlertโ icon (bell).
Add two alerts:
Bullish Breakout: Condition = โBullish Breakout Alert for Gold Futures Pullback,โ trigger = โOnce Per Bar Close.โ
Bearish Breakout: Condition = โBearish Breakout Alert for Gold Futures Pullback,โ trigger = โOnce Per Bar Close.โ
Customize messages (default provided) and set notifications (e.g., TradingView app, SMS).
Example: Bullish alert at $3,377 prompts โStop=$3,377, Limit=$3,377.10, Quantity=175 MGCโ .
4. Execute Orders:
Bullish:
Alert triggers (e.g., stop $3,377, limit $3,377.10).
In TradingViewโs โOrder Panel,โ select โStop-Limit,โ 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 โStop-Limit,โ 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 confirmationโa 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 ๐ช 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
โ
Identifying high-probability breakouts with trend confirmation.
โ
Filtering out false signals by requiring multi-timeframe agreement.
โ
Helping traders stay in momentum-driven moves with strong confirmation.
โ Note: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
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)โprice areas where the market moved quickly, leaving a gap that might act as support or resistance later. Itโs designed to catch breakout opportunities when the price moves strongly in one direction, with extra filters to make trades more reliable. Hereโs 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 didnโt trade much (e.g., todayโs 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., todayโs 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, itโs marked as a breakout opportunity.
3. Adds a Volume Check:
Trades only happen if the marketโs 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 youโre borrowing money to trade. These donโt show up on the chart but affect the strategyโs performance in backtesting.
How to Use It
1. Add to Your Chart:
Copy the script into TradingViewโs Pine Editor, click "Add to Chart," and itโll 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 youโre willing to lose or aim to gain per trade.
Margin Rate % (Default: 8.74%): Webullโs rate for borrowing moneyโlower 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. Itโll 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, youโll see trades happen automatically.
What to Expect
Visuals: Youโll see colored boxes for FVGs and optional lines showing where they start. These help you spot key price zones even if youโre not trading.
Trades: Itโs selectiveโonly 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: Webullโs fees are small but baked into the results, so youโre 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 thresholdโif 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 linesโtheyโre often support or resistance zones traders target.
This strategy is lightweight, focused, and built for traders who like breakouts with a bit of confirmation. Itโs 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. Hereโs 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 Protectionโโ 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.
โโ FEATURES
โโข 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.
โโข 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.
โโข Bullish and Bearish Signals: The indicator distinguishes between bullish and bearish conditions by comparing the closing price to the daily high and low.
โโข 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.
โโข Visual Representation: Pivot points, daily high, and daily low are plotted on the chart, with distinctive line styles and colors for easy identification.
โโข 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.
โโข Color-Coded Zones: The indicator colors the background around the closing price differently based on whether the market is bullish (green) or bearish (red).
โโ HOW TO USE
1 โ Apply the "Daily Pivots with Fakeout Protection" indicator to your TradingView chart.
2 โ Customize the parameters like pivot timeframe and fakeout protection percentage according to your trading preferences.
3 โ Watch for the triangular breakout symbols that appear above and below bars, indicating potential breakout points.
4 โ Keep an eye on the pivot points, daily high, and daily low lines to understand price levels relevant to the current trading day.
5 โ Use the background color changes to quickly identify the beginning of a new trading day and any potential shifts in market sentiment.
Note:
โโข This indicator is designed for daily charts but can be adjusted to work with other timeframes as well.
โโข 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.
๐ถ 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.
๐ถ 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.
Bollinger Keltner Squeeze Indicator (BBKC)Bollinger Keltner Squeeze Indicator (BBKC)This single-pane indicator combines the power of Bollinger Bands (BB) and Keltner Channels (KC) to accurately identify periods of low volatility compressionโthe famous Squeezeโwhich often precedes large, directional moves.Designed for traders utilizing Accumulation, Manipulation, Distribution (AMD) strategies, this tool makes spotting the 'Accumulation' phase simple and visually clear, perfect for high BTC Beta equities or futures markets like MES and MNQ.Key Features:Clear Squeeze Visualization:The background of the main chart is shaded Orange when the Squeeze is active (BB is inside KC). This immediately highlights periods of extreme compression.A simple Red/Green Dot below the chart confirms the Squeeze state (Red = Squeeze ON, Green = Squeeze OFF).Momentum Histogram:A built-in momentum oscillator smooths price action and guides the anticipated direction of the breakout.Teal/Orange Bars: Indicate momentum direction while the Squeeze is active (building pressure).Bright Green/Red Bars: Indicate momentum direction after the Squeeze has broken (expansion/breakout).How to Find Maximum Volatility Compression (The "Tightest" Squeeze)To align this indicator with a strategy focused on catching only the most extreme volatility compressionโthe key to those explosive movesโtraders should adjust the Keltner Channel Multiplier setting.Setting Name: KC Multiplier (ATR)Default Value: 1.5Recommended Adjustment: To filter for only the absolute tightest squeezes (where price is least volatile), decrease this multiplier value, typically down to 1.25 or even 1.0.By lowering the KC Multiplier (ATR), you narrow the Keltner Channel boundaries. This requires the Bollinger Bands to compress even further to fit inside, ensuring the indicator only signals the Squeeze state during moments of truly minimal volatility, setting you up for maximum opportunity.
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 (โฌ) and down (โฌ) 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.
Opening-Range BreakoutNote: Default trading date range looks mediocre. Set date range to "Entire History" to see full effect of the strategy. 50.91% profitable trades, 1.178 profit factor, steady profits and limited drawdown. Total P&L: $154,141.18, Max Drawdown: $18,624.36. High R^2
โ Overview
The Opening-Range Breakout strategy is a mechanical, sessionโbased dayโtrading system designed to capture the initial burst of directional momentum immediately following the market open. It defines a userโconfigurable โopening rangeโ window, measures its high and low boundaries, then places breakout stop orders at those levels once the range closes. Builtโin filters on minimum range width, rewardโtoโrisk ratios, and optional reversal logic help refine entries and manage risk dynamically.
โ How It Works
OpeningโRange Formation
Between 9:30โ10:15โฏAMโฏET (configurable), the script tracks the highest high and lowest low to form the dayโs opening range box.
On the first bar after the range window closes, the range high (OR_high) and low (OR_low) are โlocked in.โ
RangeโWidth Filter
To avoid false breakouts in lowโvolatility mornings, the range must be at least X% of the current price (default 0.35%).
If the measured opening-range width < minimum threshold, no orders are placed that day.
Entry & Order Placement
Long: a stopโbuy order at the openingโrange high.
Short: a stopโsell order at the openingโrange low.
Only one side can trigger (or both if reverse logic is enabled after a losing trade).
Risk Management
Once triggered, each trade uses an ATRโstyle stop-loss defined as a percentage retracement of the range (default 50% of range width).
Profit target is set at a configurable Reward/Risk Ratio (default 1.1ร).
Optional: Reverse on StopโLoss โ if the initial breakout loses, immediately reverse into the opposite side on the same day.
Session Exit
Any open positions are closed at the end of the regular trading day (default 3:45โฏPMโฏET window end, with hard flat at session close).
Visual cues are provided via green (range high) and red (range low) stepโline plots directly on the chart, allowing you to see the range box and breakout triggers in real time.
โ Why It Works
Early Momentum Capture: The first 15โฏโโฏ60โฏminutes of trading encapsulate overnight news digestion and institutional order flow, creating a wellโdefined volatility โrange.โ
Mechanical Discipline: Clear, ruleโbased entries and exits remove emotional guesswork, ensuring consistency.
Volatility Filtering: By requiring a minimum range width, the system avoids choppy, lowโrange days where false breakouts are common.
Dynamic Sizing: Stops and targets scale with the opening range, adapting automatically to each dayโs volatility environment.
โ How to Use
Set Your Instruments & Timeframe
-Apply to any futures contract on a 1โ to 5โminute chart.
-Ensure chart timezone is set to America/New_York.
Configure Inputs
-OpeningโRange Window: e.g. โ0930-1015โ for a 45โminute range.
-Min. OR Width (%): e.g. 0.35 for 0.35% of current price.
-Reward/Risk Ratio: e.g. 1.1 for a modest profit target above your stop.
-Max OR Retracement %: e.g. 50 to set stop at 50% of range width.
-One Trade Per Day: toggle to limit to a single breakout.
-Reverse on Stop Loss: toggle to flip direction after a losing breakout.
Monitor the Chart
-Watch the green and red range boundaries form during the session open.
-Orders will automatically submit on the first bar after the range window closes, conditioned on your filters.
Review & Adjust
-Backtest across multiple months to validate performance on your preferred contract.
-Tweak range duration, minimum width, and R/R multiple to fit your risk tolerance and desired winโrate vs. expectancy balance.
โ Settings Reference
Input Defaults
OpeningโRange Window - Time window to form OR (HHMM-HHMM) - 0930โ1015
Regular Trading Day - Full session for EOD flat (HHMM-HHMM) - 0930โ1545
Min. OR Width (%) - Minimum OR size as % of close to trigger orders - 0.35
Reward/Risk Ratio - Profit target multiple of stopโloss distance - 1.1
Max OR Retracement (%) - % of OR width to use as stopโloss distance - 50
One Trade Per Day - Limit to a single breakout order per day - false
Reverse on Stop Loss - Reverse direction immediately after a losing trade - true
Disclaimer
This strategy description and any accompanying code are provided for educational purposes only and do not constitute financial advice or a solicitation to trade. Futures trading involves substantial risk, including possible loss of capital. Past performance is not indicative of future results. Traders should assess their own risk tolerance and conduct thorough backtesting and forward-testing before committing real capital.
Disparity Index with Volatility ZonesDisparity Index with Volatility Zones
is a momentum oscillator that measures the percentage difference between the current price and its simple moving average (SMA). This allows traders to identify overbought/oversold conditions, assess momentum strength, and detect potential trend reversals or continuations.
๐ Core Concept:
The Disparity Index (DI) is calculated as:
โโDI = 100 ร (Price โ SMA) / SMA
A positive DI indicates the price is trading above its moving average (potential bullish sentiment), while a negative DI suggests the price is below the average (potential bearish sentiment).
This version of the Disparity Index introduces a dual-zone volatility framework, offering deeper insight into the market's current state.
๐ง What Makes This Version Unique?
1. High Volatility Zones
When DI crosses above +1.0% or below โ1.0%, it often indicates the start or continuation of a strong trend.
Sustained readings beyond these thresholds typically align with trending phases, offering opportunities for momentum-based entries.
A reversal back within ยฑ1.0% after exceeding these levels can suggest a shift in momentum โ similar to how RSI exits the overbought/oversold zones before reversals.
These thresholds act as dynamic markers for breakout confirmation and potential trend exhaustion.
2. Low Volatility Zones
DI values between โ0.5% and +0.5% define the low-volatility zone, shaded for visual clarity.
This area typically indicates market indecision, sideways price action, or consolidation.
Trading within this range may favor range-bound or mean-reversion strategies, as trend momentum is likely limited.
The logic is similar to interpreting a flat ADX, tight Bollinger Bands, or contracting Keltner Channels โ all suggesting consolidation.
โ๏ธ Features:
Customizable moving average length and input source
Adjustable thresholds for overbought/oversold and low-volatility zones
Optional visual fill between low-volatility bounds
Clean and minimal chart footprint (non-essential plots hidden by default)
๐ How to Use:
1. Trend Confirmation:
A break above +1.0% can be used as a bullish continuation signal.
A break below โ1.0% may confirm bearish strength.
Long periods above/below these thresholds support trend-following entries.
2. Reversal Detection:
If DI returns below +1.0% after exceeding it, bullish momentum may be fading.
If DI rises above โ1.0% after falling below, bearish pressure may be weakening.
These shifts resemble overbought/oversold transitions in oscillators like RSI or Stochastic, and can be paired with divergence, volume, or price structure analysis for higher reliability.
3. Sideways Market Detection:
DI values within ยฑ0.5% indicate low volatility or a non-trending environment.
Traders may avoid breakout entries during these periods or apply range-trading tactics instead.
Observing transitions out of the low-volatility zone can help anticipate breakouts.
4. Combine with Other Indicators:
DI signals can be enhanced using tools like MACD, Volume Oscillators, or Moving Averages.
For example, a DI breakout beyond ยฑ1.0% supported by a MACD crossover or volume spike can help validate trend initiation.
This indicator is especially powerful when paired with Bollinger Bands:
A simultaneous price breakout from the Bollinger Band and DI moving beyond ยฑ1.0% can help identify early trend inflection points.
This combination supports entering positions early in a developing trend, improving the efficiency of trend-following strategies and enhancing decision-making precision.
It also helps filter false breakouts when DI fails to confirm the move outside the band.
This indicator is designed for educational and analytical purposes and works across all timeframes and asset classes.
It is particularly useful for traders seeking a clear framework to identify momentum strength, filter sideways markets, and improve entry timing within a larger trading system.
Pre-London High-Low Breakout IndicatorOverview
The Pre-London High-Low Breakout Indicator helps traders identify breakout opportunities at the London session open. It marks the high and low one hour before London opens (5 PM - 6 PM AEST) and incorporates a 200 SMA filter to confirm trade direction. The indicator also provides real-time breakout markers for precise entries.
How the Indicator Works
1. Pre-London High & Low Identification (5 PM - 6 PM AEST)
The indicator tracks the highest and lowest price levels within this period.
These levels act as key breakout zones once London opens.
The high and low remain visible until 12 AM AEST for reference.
2. 200 SMA as a Trend Filter
A 200 SMA (yellow, thick line) is plotted to filter breakout trades.
Only long (buy) trades are valid if price is above the 200 SMA.
Only short (sell) trades are valid if price is below the 200 SMA.
3. Real-Time Breakout Confirmation
Buy Signal (Green Diamond):
Price breaks above the pre-London high.
Price is above the 200 SMA.
Sell Signal (Red Diamond):
Price breaks below the pre-London low.
Price is below the 200 SMA.
No signal appears if the breakout is against the SMA trend, reducing false trades.
How to Use the Indicator Properly
Step 1: Identify the Pre-London Range (5 PM - 6 PM AEST)
Observe price movements and note the session high & low.
Do not take trades within this periodโwait for a clear breakout.
Step 2: Wait for a Breakout After 6 PM AEST
A breakout must occur beyond the session high or low.
The breakout should be clear and decisive, not hovering around the range.
Step 3: Confirm with the 200 SMA
If price is above the 200 SMA, only buy signals are valid.
If price is below the 200 SMA, only sell signals are valid.
If a breakout occurs against the SMA, ignore it.
Step 4: Enter the Trade and Manage Risk
Enter the trade after the breakout candle closes.
Set stop-loss just inside the pre-London range to minimize risk.
Take profit using a 1:2 or 1:3 risk-reward ratio, or trail the stop.
Why This Strategy Works
Pre-London Liquidity Grab: Institutional traders set positions before the London open, making this range significant.
Trend Confirmation with SMA: Reduces false breakouts by filtering trades in the direction of the trend.
Real-Time Breakout Detection: Green and red diamond markers highlight valid breakouts that meet all conditions.
Final Notes
If price breaks out but quickly reverses, it may be a false breakoutโavoid impulsive trades.
The indicator works best when combined with other confluences such as volume analysis or key support/resistance levels.
Alerts can be added to notify traders when a valid breakout occurs.
This setup is ideal for traders looking for a structured, rule-based approach to trading London session breakouts with a strong trend confirmation mechanism.
Range Breakout [BigBeluga]Range Breakout is a dynamic channel-based indicator designed to identify breakout opportunities and price reactions within defined ranges. It automatically creates upper and lower bands with a midline, helping traders spot breakout zones, retests, and potential fakeouts.
๐ต Key Features:
Dynamic Channel Formation:
Automatically plots upper and lower channel bands with a midline based on ATR calculations.
Channels adjust upon breakout events or after a predefined number of bars to reflect new price ranges.
Breakout Detection:
Green circles appear when price breaks above the upper channel edge.
Red circles appear when price breaks below the lower channel edge.
A new channel is formed after each breakout, allowing traders to monitor evolving price ranges.
Retest Signals:
Upward-pointing green triangles signal a retest of the lower band, indicating potential support.
Downward-pointing red triangles indicate a retest of the upper band, suggesting possible resistance.
Filter Signals by Trends (New Feature):
Optional toggle to filter โฒ and โผ signals based on channel breakout conditions.
When enabled:
In a bullish channel (confirmed by a green circle breakout), only โฒ signals are displayed.
In a bearish channel (confirmed by a red circle breakout), only โผ signals are displayed.
Helps traders align retest signals with the prevailing trend for higher-quality trade setups.
Fakeout Identification:
'X' symbols appear when price breaks the upper or lower edge of the channel and quickly returns back inside.
Helps traders identify and avoid false breakouts.
๐ต Usage:
Breakout Trading: Use the green and red circle signals to identify potential breakout trades.
Retest Confirmation: Look for triangle markers to confirm retests of key levels, aiding in entry or exit decisions.
Fakeout Alerts: Utilize the 'X' signals to spot and avoid potential trap moves.
Dynamic Range Monitoring: Stay aware of changing market conditions with automatically updating channels.
Range Breakout is an essential tool for traders seeking to capitalize on range breakouts, retests, and fakeout scenarios. Its dynamic channels and clear visual signals provide a comprehensive view of market structure and potential trade setups.
London Breakout by Edwin KPurpose:
The strategy visualizes breakouts based on price action during the London session. It highlights the candles from 09:59 AM to 01:59 PM UTC+3 with different colors depending on whether the price is above or below the high/low from the 10 AM candle.
Key Parts:
Timestamps:
The code defines specific times for the 09:59 AM candle, 10:00 AM candle, and 01:59 PM UTC+3 times.
The timestamp('UTC+3', ...) function creates the timestamps for those moments.
High and Low of the 10 AM Candle:
The high and low of the 10 AM candle are captured and stored in the ten_am_high and ten_am_low variables.
Bullish and Bearish Conditions:
If the price breaks above (bullish_break) or below (bearish_break) the high or low of the 10 AM candle, respectively.
Bar Coloring:
If the conditions are met (price breaking above or below the 10 AM levels), the script colors the candles during the time frame (09:59 AM to 01:59 PM).
Green color is applied for bullish breakouts.
Red color is applied for bearish breakouts.
Line Break Chart StrategyHello All!
We should not pass this year without a gift!
My last publication in 2024 is Complete Line Break Chart Strategy with many features!
What is Line Break Chart?
" Line Break is a Japanese chart style that disregards time intervals and only focuses on price movements, similar to the Kagi and Renko chart styles. Line Break charts form a series of up and down bars (referred to as lines). Up lines represent rising prices, and down lines represent falling prices. New confirmed lines only form on the chart when closing prices break the range covered by previous lines. Users can control the number of past lines used in the calculation via the "Number of Lines" input in the chart settings. The typical "Number of Lines" setting is 3, meaning the chart forms a new up line when the closing price is above the high prices of the last three lines, and it forms a new down line when the closing price is below the past three lines' low prices. If the current price is higher, it is an up line and if it is lower, it is a down line. If the current closing price is the same or the move in the opposite direction is not large enough to warrant a reversal, l then no new line is draw n" by Tradingview. You can find it here
Now let's start examining the features of the indicator:
By using Line break reversals it shows trend on the main chart. You can create alert .
Moreover, you can decide which trade should be taken by using Risk Management in the indicator. You can set the " Maximum Risk " and then if the risk is more than you set then the trade is not taken. When trend changed it checks the distance between reversal level and open price and compare it with the Maximum Risk
Breakout:
It can find breakouts and shows on the chart. You can create alert for breakouts
It can show breakouts on the main chart:
Flip-Flops:
Upon looking at set of price break charts, the trader will notice that there are instances when uptrend blocks is followed by one reversal block, and then by a reversal to a series of uptrend blocks. The opposite is also possible: a series of downtrend blocks is followed by one reversal box and then by an immediate reversal to downtrend. This price action is called a " Flip-Flop ". This structure usually produces trend continuation signal. when we see this then we better use Buy/Sell stop order. lets see this on the chart:
Temporal Sequence Table:
Sequence frequency shows the frequency distribution of the number of sequential highs and the number of sequential lows that have been generated. This is quite important to the trader who is seeking to join a trend or put on a trade when the price break reverses into a new trend direction. For example, if the pattern over the past year has been that there never were more than nine consecutive high closes, it would make sense not to enter a position late into the sequence of new high closes.
also you can see market structure. I have tried to formalize it and show it under the table. so you can understand if it's choppy market.
"Number of Lines" has very important role. While using low time frames such seconds/minutes time frame you may want to choose higher number of lines such 5,6. ( this may minimize the risk of a whipsaw )
Gaps feature:
You can set Gaps on/off. if Gaps on then you can see how long it takes for each box
Reversal and Continuation Probability:
The script calculated Reversal level and Continuation probability of the trend by using Sequence frequency.
It also shows unconfirmed box and current closing price level:
Last but not least it has Overlay option for all items, and can show all items in the main chart!
P.S. I added alerts :)
Wish you all a happy new year!
Enjoy!
Salman Indicator: Multi-Purpose Price ActionSalman Indicator: Multi-Purpose Price Action Tool for Pin Bars, Breakouts, and VWAP Anchoring
This indicator provides a comprehensive suite of price action insights, designed for active traders looking to identify key market structures and potential reversals. The script incorporates a Quarterly VWAP for trend bias, marks pin bars for possible reversal points, highlights outside bars for volatility signals, and indicates simple breakouts and pivot-level breaks. Customizable settings allow for flexibility in various trading styles, with default settings optimized for daily charts.
Outside Bars : Represented by an โคฌ symbol on the chart, these indicate bars where the current high is greater than the previous barโs high, and the low is lower than the previous barโs low, signaling high volatility and potential market reversals.
Pin Bars : Denoted by a small dot at the top or bottom of a candleโs wick, these are crucial signals of potential reversal areas. Pin bars are identified based on the percentage length of their shadows, with adjustable strictness in settings.
Quarterly VWAP : The light blue line on the chart represents the VWAP (Volume-Weighted Average Price), which is anchored to the Quarterly period by default. The VWAP acts as a directional bias filter, helping you to determine underlying market trends. This period, source, and offset are fully adjustable in the scriptโs settings.
Simple Breaks : Hollow candles on the chart indicate "simple breaks," defined when the current bar closes above the previous high or below the previous low. This is an effective way to highlight directional momentum in the market.
Bonus Pivot Breaks : The tilde symbol ~ appears when the price closes above or below prior pivot high/low levels, helping traders spot significant breakout or breakdown points relative to recent pivots.
Alerts
Simple Breaks : Alerts you when a breakout occurs beyond the previous barโs high or low. Pin Bars : Notifies you of potential reversal points as indicated by bullish or bearish pin bars. Outside Bars : Triggers an alert whenever an outside bar is detected, indicating possible volatility changes.
How to Use
VWAP for Trend Bias : Use the Quarterly VWAP line to gauge overall market trend, with settings that allow adjustment to daily, weekly, monthly, or even larger time frames.
Pin Bars for Reversal Potential : Look for the dot markers on candle wicks, where the strictness of the pin bar detection can be adjusted via settings to match your trading preference.
Simple and Pivot Breaks for Momentum : Watch for hollow candles and the tilde symbol ~ as indicators of potential breakout momentum and pivot break levels, respectively.
This script can serve traders on multiple timeframes, from daily to weekly and beyond. The flexible configuration allows for adjustments in VWAP anchoring and pin bar criteria, providing a tailored fit for individual trading strategies.
Master Candle Breakout V1 Master Candle Breakout V1 - Indicator Description
The Master Candle Breakout V1 indicator is a powerful price action-based tool designed to help traders identify and capitalize on breakout opportunities from consolidation phases. This indicator is particularly useful for identifying master candles, which are large candles that encompass the range of subsequent candles, creating a key level of support or resistance. Once the price breaks above or below the range of the master candle, the indicator provides clear buy or sell signals, allowing traders to ride the momentum of the breakout.
Key Features:
Master Candle Detection: The indicator identifies master candles based on a user-defined period, marking them on the chart as critical breakout points.
Buy and Sell Signals: When the price breaks above the master candle's high, a buy signal is plotted. Similarly, when the price breaks below the master candle's low, a sell signal is generated. These signals are displayed on the chart with customizable shapes (diamonds, arrows, circles, crosses) and colors for easy visualization.
Stop-Loss Level Display: For risk management, the indicator calculates and plots a stop-loss level based on user-defined ticks above or below the master candle's high or low. The stop-loss value is shown as a label next to the signal, helping traders manage risk effectively.
Customizable Colors and Shapes: Users can fully customize the appearance of the signals, including the color of the buy/sell diamonds, the stop-loss label text color, and the type of shape used for the signals.
Versatile Application: The Master Candle Breakout V1 can be applied to any timeframe and market, from forex and stocks to commodities and cryptocurrencies, making it a highly versatile tool for traders of all types.
How to Use:
Master Candle Period: Define how many candles should follow the master candle for confirmation.
Stop Loss Ticks: Set the number of ticks above or below the master candle to define your stop-loss level.
Entry Signals: Once the price closes outside the high or low of the master candle, enter the trade accordingly (buy on breakouts above the high, sell on breakouts below the low).
Risk Management: Use the stop-loss level provided by the indicator to minimize losses and protect your capital.
This indicator is perfect for traders who prefer a simple, price-action-based strategy and want to avoid the clutter of traditional indicators. By focusing on the core principle of breakouts, Master Candle Breakout V1 helps traders quickly identify consolidation zones and potential breakout trades.
Wedge BreakoutThe Wedge Breakout indicator is designed to identify and signal potential breakouts from a wedge pattern, a common technical analysis formation. A wedge pattern typically forms when the price moves within converging trendlines, indicating a potential upcoming breakout either upwards (bullish) or downwards (bearish).
Identifying Pivot Points:
The indicator first calculates pivot points, which are significant highs and lows that define the wedge's upper and lower boundaries.
Pivot Lows: It identifies the lowest price points over a specified length (input_len), which serves as the lower boundary of the wedge.
Pivot Highs: Similarly, it identifies the highest price points over the same length, forming the upper boundary of the wedge.
Drawing Trendlines:
The pivot points are connected to form dashed trendlines that represent the upper and lower boundaries of the wedge.
The indicator uses the SimpleTrendlines library to manage and draw these trendlines dynamically:
Green Trendline: Indicates an upward slope (bullish).
Red Trendline: Indicates a downward slope (bearish).
Calculating the Breakout Conditions:
A breakout is confirmed when the price action fulfills two conditions:
The candle's high exceeds the upper trendline's highest point.
The candle's low drops below the lower trendline's lowest point.
This condition suggests that the price is squeezing within the wedge pattern and is about to break out.
Determining Breakout Direction:
The direction of the breakout is determined by the candle's closing position relative to its opening:
Bullish Breakout (Upward): When the candle closes above its opening price (close > open) after breaching both trendlines, it suggests a bullish breakout. This condition is marked with a green upward triangle .
Bearish Breakout (Downward): When the candle closes below its opening price (close < open) after breaching both trendlines, it suggests a bearish breakout. This condition is marked with a red downward triangle.
Visual Representation:
Green Triangle Up: Plotted below the bar to indicate a potential bullish breakout.
Red Triangle Down: Plotted above the bar to indicate a potential bearish breakout.
Used library:
www.tradingview.com
ACD Indicator [TradingFinder] M Fisher Pivots Methodology Signal๐ต Introduction
The book "The Logical Trader" begins with a comprehensive review of the ACD Methodology principles, which include identifying specific price points related to the opening range.
This method allows you to set reference points for trading and use points "A" and "C" for trade entry. You will also learn about the "Pivot Range" and how to combine them with the ACD method to maximize position size and minimize risk.
In this indicator, the strategy is implemented to make it easier to use.
๐ต How to Use
The "ACD" strategy can be applied to various markets such as stocks, commodities, or forex, providing buy and sell signals that allow you to set your price targets and stop losses.
This strategy is based on the assumption that the opening range of trades is statistically significant each day, meaning the initial market fluctuations influence the market until the end of the day.
The ACD trading strategy is known as a breakout strategy and performs best in volatile or strongly trending markets, such as crude oil and stocks.
Some of the rules for using the ACD strategy include the following :
Consider points A and C as reference points and continuously pay attention to these points during trades. These points serve as entry and exit points for trades.
Examine daily and multi-day pivot ranges to analyze market trends. If the price is above the pivots, the trend is upward, and if below the pivots, the trend is downward.
Trading with the ACD strategy in forex is possible using the ACD indicator. This indicator is a technical tool used to measure the balance between supply and demand in the market. By analyzing trading volume and price, this indicator helps traders identify trend strength and suitable entry and exit points.
To use the ACD indicator, consider the following :
Identifying strong trends: The ACD indicator can help you identify strong and stable trends in the market.
Determining entry and exit points: ACD provides buy and sell signals to enter or exit trades at the best possible time.
Bullish Setup :
When the "A up" line is broken, it is advisable to wait for some time to ensure that this is not a "Fake Breakout" and that the price stabilizes above this line.
After entering the trade, the best stop loss you can choose is below the "A down" line. However, it is recommended to test this in backtests to achieve the best results. The suitable reward-to-risk ratio for this strategy is 1, which should also be backtested.
Bearish Setup :
When the "A down" line is broken, it is advisable to wait for some time to ensure that this is not a "Fake Breakout" and that the price stabilizes below this line.
After entering the trade, the best stop loss you can choose is above the "A up" line. However, it is recommended to test this in backtests to achieve the best results. The suitable reward-to-risk ratio for this strategy is 1, which should also be backtested.
๐ต Setting
NDay Pivot Range Period : Using this entry you can specify the number of days to calculate NDay Pivot Range.
Show Daily Pivot Range : Set the Daily Pivot color and displayed or not.
Show NDay Pivot Range : Set the NDay Pivot color and displayed or not.
ATR Period Levels : Determining the period of the ATR indicator, which is used to determine the A and C levels.
Show Tokyo ACD Setup : Set the Tokyo ACD Setup color and displayed or not.
Tokyo Opening Range Time : The amount of time taken to determine the opening range. You can set this number between 5 and 60 minutes.
Tokyo Session : Market start and end time.
A Level Multiplier : The coefficient that is multiplied by ATR to determine the distance of line A up and A down.
C Level Multiplier : The coefficient that is multiplied by ATR to determine the distance of line C up and C down.
The same settings exist for the London and New York sessions.
SPX Option Wedge Breakout v1.5a (Dual + Micro)
# SPX Option Wedge Breakout (Dual + Micro) โ by Miguel Licero
What it does
This indicator is designed to catch fast, 3โ5-bar momentum bursts in **SPX options (OPRA)** or the underlying (SPX/ES). It combines two detection engines:
1. Wedge Breakout Engine
Locates *falling-wedge* compression using recent swing pivots and verifies statistical tightness (channel width vs. ATR).
Confirms breakout when price closes above the wedgeโs upper guide **and** above **EMA-21**, with optional **VWAP** confluence and volume expansion.
2. Micro-Breakout Engine (sub-VWAP thrusts)
Triggers when **EMA-9 crosses above EMA-21** and price **breaks the prior N-bar high (BOS)** with volume expansion.
Specifically handles rallies that start **below VWAP**, requiring sufficient โroom to VWAPโ measured as a fraction of ATR.
This indicador provides a state machine overlay and a dashboard . Consider the following states:
IDLE โ no setup
WATCH โ valid compression + preconditions (OBV positive, RSI build zone, tightness)
TRIGGER-A โ breakout *above VWAP* (Strict mode)
TRIGGER-B/Micro โ Under VWAP thrust with room to VWAP or Micro-Breakout (Flexible mode - this is the most common case for SPX options)
Why I believe it works
In my observation i've found short, violent option moves often occur when:
(1) liquidity compresses then releases (wedge), or
(2) micro momentum flips under VWAP and snaps to VWAP/EMA-50 (delta + IV expansion).
The indicator surfaces these two structures with clear, tradeable signals.
---
Inputs (key parameters)
EMAs : 9 / 21 / 50 / 200 (trend/micro-momentum and magnets/targets)
VWAP: optional intraday confluence and distance metric
Wedge: pivot widths (`left/right`), `tightK` (channel width vs ATR), `atrLen`
Volume/OBV/RSI: `volLen`, `volBoost` (volume expansion factor), `obvLen` (slope via linreg), `rsiLen`
VWAP Mode:
Strict โ breakout must be above VWAP (TRIGGER-A)
Flexible โ allows under VWAP breakouts if thereโs room to VWAP (`minVWAPDistATR`) or a Micro-Breakout
Micro-Breakout: `useMicro`, `bosLen` (BOS lookback), `minRSIMicro`
Impulse Bars Target: time-based exit helper (e.g., like 3 or 5 candles)
---
Plots & UI
Overlay: EMA-9/21/50/200, VWAP, wedge guides, **TRIGGER** marker
Background color: state shading (IDLE / WATCH / TRIGGER)
Dashboard (table, top-right): State, VWAP mode, distances to VWAP/EMA-50/EMA-200, EMA-stack (9 vs 21), OBV slope sign, RSI zone, Tightness flag, Impulse counter, Micro status (9>21 / +BOS)
---
Alerts
Consider these status when you see them:
WATCH (there is wedge ready) โ compression + preconditions met (prepare the order)
TRIGGER-A (price going above VWAP) โ Strict breakout confirmation
TRIGGER-B/Micro โ Flexible breakout (price under VWAP with room to go up to VWAP, EMA 200, -OB, resistance line, etc) or Micro-Breakout
---
Recommended Use
Timeframes: 1-minute for execution, 5-minute for context.
Symbols : OPRA SPX options (0-DTE/1-DTE) or SPX/ES for confirmation.
Sessions: Intraday with visible session (VWAP requires intraday data).
Suggested presets (for options):
`VWAP Mode = Flexible`
`minVWAPDistATR = 0.7` (room to VWAP)
`tightK = 1.0โ1.2` (compression sensitivity)
`volBoost = 1.2` (raise to 1.3โ1.4 if noisy)
`obvLen = 14โ20` (14 = more reactive)
`Impulse Bars = 5`
High-probability windows (ET): 11:45โ12:45, 13:45โ15:15, 15:00โ15:45.
---
Notes & Limitations
Designed to surface setups , not to replace discretion. Combine with your risk plan.
VWAP โroomโ is statistical; on news/latency spikes, distances may be crossed in one bar.
Works on underlyings too, but option % moves are what this study targets.
It's not guaranteed to work 100% of the times. Trade responsibly.
---
Algo Trading Signals - Buy/Sell System# ๐ Algo Trading Signals - Dynamic Buy/Sell System
## ๐ฏ Overview
**Algo Trading Signals** is a sophisticated intraday trading indicator designed for algorithmic traders and active day traders. This system generates precise buy and sell signals based on a dynamic box breakout strategy with intelligent position management, add-on entries, and automatic target adjustment.
The indicator creates a reference price box during a specified time window (default: 9:15 AM - 9:45 AM IST) and generates high-probability signals when price breaks out of this range with confirmation.
---
## โจ Key Features
### ๐ **Smart Signal Generation**
- **Primary Entry Signals**: Clear buy/sell signals on confirmed breakouts above/below the reference box
- **Confirmation Bars**: Reduces false signals by requiring multiple bar confirmation before entry
- **Cooldown System**: Prevents overtrading with configurable cooldown periods between trades
- **Add-On Positions**: Automatically identifies optimal pullback entries for scaling into positions
### ๐ฆ **Dynamic Reference Box**
- Creates a high/low range during your chosen time window
- Automatically updates after each successful trade
- Visual box display with color-coded boundaries (red=resistance, green=support)
- Mid-level reference line for market structure analysis
### ๐ฏ **Intelligent Position Management**
- **Automatic Target Calculation**: Sets profit targets based on average move distance
- **Add-On System**: Up to 3 additional entries on optimal pullbacks
- **Position Tracking**: Monitors active trades and remaining add-on capacity
- **Auto Box Shift**: Adjusts reference box after target hits for continued trading
### ๐ **Visual Clarity**
- **Color-Coded Labels**:
- ๐ข Green for BUY signals
- ๐ด Red for SELL signals
- ๐ต Blue for ADD-ON buys
- ๐ Orange for ADD-ON sells
- โ Yellow for Target hits
- **TP Level Lines**: Dotted lines showing current profit targets
- **Hover Tooltips**: Detailed information on entry prices, targets, and add-on numbers
### ๐ **Real-Time Statistics**
Live performance dashboard showing:
- Total buy and sell signals generated
- Number of add-on positions taken
- Take profit hits achieved
- Current trade status (LONG/SHORT/None)
- Cooldown timer status
### ๐ **Comprehensive Alerts**
Built-in alert conditions for:
- Primary buy entry signals
- Primary sell entry signals
- Add-on buy positions
- Add-on sell positions
- Buy take profit hits
- Sell take profit hits
---
## ๐ ๏ธ Configuration Options
### **Time Settings**
- **Box Start Hour/Minute**: Define when to begin tracking the reference range
- **Box End Hour/Minute**: Define when to lock the reference box
- **Default**: 9:15 AM - 9:45 AM (IST) - Perfect for Indian market opening range
### **Trade Settings**
- **Target Points (TP)**: Average move distance for profit targets (default: 40 points)
- **Breakout Confirmation Bars**: Number of bars to confirm breakout (default: 2)
- **Cooldown After Trade**: Bars to wait after closing position (default: 3)
- **Add-On Distance Points**: Minimum pullback for add-on entry (default: 40 points)
- **Max Add-On Positions**: Maximum additional positions allowed (default: 3)
### **Display Options**
- Toggle buy/sell signal labels
- Show/hide trading box visualization
- Show/hide TP level lines
- Show/hide statistics table
---
## ๐ก How It Works
### **Phase 1: Box Formation (9:15 AM - 9:45 AM)**
The indicator tracks the high and low prices during your specified time window to create a reference box representing the opening range.
### **Phase 2: Breakout Detection**
After the box is locked, the system monitors for:
- **Bullish Breakout**: Price closes above box high for confirmation bars
- **Bearish Breakout**: Price closes below box low for confirmation bars
### **Phase 3: Signal Generation**
When confirmation requirements are met:
- Entry signal is generated with clear visual label
- Target price is calculated (Entry ยฑ Target Points)
- Position tracking activates
- Cooldown timer starts
### **Phase 4: Position Management**
During active trade:
- **Add-On Logic**: If price pulls back by specified distance but stays within favorable range, additional entry signal fires
- **Target Monitoring**: Continuously checks if price reaches TP level
- **Box Adjustment**: After TP hit, box automatically shifts to new range for next opportunity
### **Phase 5: Trade Exit & Reset**
On target hit:
- Position closes with TP marker
- Statistics update
- Box repositions for next setup
- Cooldown activates
- System ready for next signal
---
## ๐ Best Use Cases
### **Ideal For:**
- โ
Intraday breakout trading strategies
- โ
Algorithmic trading systems (via alerts/webhooks)
- โ
Opening range breakout (ORB) strategies
- โ
Index futures (Nifty, Bank Nifty, Sensex)
- โ
High-liquidity stocks with clear ranges
- โ
Automated trading bots
- โ
Scalping and day trading
### **Markets:**
- Indian Stock Market (NSE/BSE)
- Futures & Options
- Forex pairs
- Cryptocurrency (adjust timing for 24/7 markets)
- Global indices
---
## โ๏ธ Integration with Algo Trading
This indicator is **algo-ready** and can be integrated with automated trading systems:
1. **TradingView Alerts**: Set up alert conditions for each signal type
2. **Webhook Integration**: Connect alerts to trading platforms via webhooks
3. **API Automation**: Use with brokers supporting TradingView integration (Zerodha, Upstox, Interactive Brokers, etc.)
4. **Signal Data Access**: All signals are plotted for external data retrieval
---
## ๐ Quick Start Guide
1. **Add Indicator**: Apply to your chart (works best on 1-5 minute timeframes)
2. **Configure Time Window**: Set your desired box formation period
3. **Adjust Parameters**: Tune confirmation bars, targets, and add-on settings to your trading style
4. **Set Alerts**: Create alert conditions for automated notifications
5. **Backtest**: Review historical signals to validate strategy performance
6. **Go Live**: Enable alerts and start receiving real-time trading signals
---
## โ ๏ธ Risk Disclaimer
This indicator is a **tool for analysis** and does not guarantee profits. Trading involves substantial risk of loss. Always:
- Use proper position sizing
- Implement stop losses (not included in this indicator)
- Test thoroughly before live trading
- Understand market conditions
- Never risk more than you can afford to lose
- Consider your risk tolerance and trading experience
**Past performance does not indicate future results.**
## ๐ Version History
**v1.0** - Initial Release
- Dynamic box formation system
- Confirmed breakout signals
- Add-on position management
- Visual signal labels and statistics
- Comprehensive alert system
- Auto-adjusting target boxes
---
## ๐ Support & Feedback
If you find this indicator helpful:
- โญ Please leave a like/favorite
- ๐ฌ Share your feedback in comments
- ๐ Share your results and improvements
- ๐ค Suggest features for future updates
---
## ๐ท๏ธ Tags
`breakout` `daytrading` `signals` `algo` `automated` `intraday` `ORB` `opening-range` `buy-sell` `scalping` `futures` `nifty` `banknifty` `algorithmic` `box-strategy`
*Remember: The best indicator is combined with proper risk management and trading discipline.* Use it at your own rist, not as financial advie
Yasser Multiple Inside Bar Breakout SignalsDescription
Yasser Multiple Inside Bar Breakout Signals (Yasser_MIB) is a powerful TradingView indicator designed to detect high-probability breakout setups based on multiple inside bar (MIB) formations. Inside bar breakouts often precede strong market moves, making this tool ideal for traders who rely on price action, volatility compression, and breakout trading strategies.
๐ Key Features:
โ
Automatic MIB Detection โ Identifies and counts consecutive inside bars.
โ
Breakout Signals โ Generates BUY/SELL signals upon valid breakout of the mother bar.
โ
Custom Risk:Reward Settings โ Adjustable risk-to-reward ratio with built-in Stop Loss (SL) and Take Profit (TP) levels.
โ
ATR-based Stop Loss (Optional) โ Dynamic volatility-based risk management.
โ
Trend Filter โ Optional EMA filter to trade only in the trend direction.
โ
Visual Clarity โ Mother bar levels, inside bar marks, entry/SL/TP lines, and breakout highlights.
โ
Alerts Ready โ Receive instant alerts for MIB setups and breakouts.
This indicator is suitable for Forex, Stocks, Indices, Commodities, and Crypto markets across multiple timeframes. Whether you are a trend trader or a breakout trader, Yasser_MIB provides a structured approach to capture explosive market moves with disciplined risk management.
๐ Categories
Indicators
Technical Analysis
Price Action
Breakout Strategies
Risk Management
๐ท Tags
inside bar
multiple inside bar
MIB breakout
price action
mother bar
breakout strategy
trend filter
EMA filter
ATR stop loss
risk reward
forex trading
crypto trading
stocks
commodities
indices
Yasser indicators
Nirvana True Duel์ ๋ต ์ด๋ฆ
์ด๋ฐ์ ์ง๊ฒ์น๋ถ (์๋ฌธ: Nirvana True Duel)
์ปจ์
๊ณผ ์ฒ ํ
โ์ด๋ฐ์ ์ง๊ฒ์น๋ถโ๋ ์์ฅ ์์์ ๋ฌด์ํ๊ณ , ํ์คํ ๋๋ง ์ง์
ํ๋ ์ ๋ต์
๋๋ค.
EMA ๋ฆฌ๋ณธ์ผ๋ก ์ถ์ธ ๋ฐฉํฅ์ ํ์ธํ๊ณ , ๋ณผ๋ฆฐ์ ๋ฐด๋ ์์ถ/ํ์ฅ์ผ๋ก ๋ณ๋์ฑ ๋ํ๋ฅผ ํฌ์ฐฉํ๋ฉฐ, OBV๋ก ๊ฑฐ๋๋ ํ์ธ์ ํตํด ๊ฐ์ง ๋ํ๋ฅผ ํํฐ๋งํฉ๋๋ค.
์ ๋ต ๋ก์ง
๋งค์ ์กฐ๊ฑด (๋กฑ)
20EMA > 50EMA (์์น ์ถ์ธ)
๋ฐด๋ํญ ์์ถ ํ ํ์ฅ ์์
์ข
๊ฐ๊ฐ ์๋จ ๋ฐด๋ ๋ํ
OBV ์์น ํ๋ฆ ์ ์ง
๋งค๋ ์กฐ๊ฑด (์)
20EMA < 50EMA (ํ๋ฝ ์ถ์ธ)
๋ฐด๋ํญ ์์ถ ํ ํ์ฅ ์์
์ข
๊ฐ๊ฐ ํ๋จ ๋ฐด๋ ์ดํ
OBV ํ๋ฝ ํ๋ฆ ์ ์ง
์ง์
ยท์ฒญ์ฐ
์์ : ATR ร 1.5 ๋ฐฐ์
์ต์ : ์์ ํญ์ 1.5~2๋ฐฐ์์ ๋ถ๋ถ ์ฒญ์ฐ
์๊ฐ ์ฒญ์ฐ: ์ค์ ํ ์ต๋ ๋ณด์ ๋ด์ ์ด๊ณผ ์ ๊ฐ์ ์ฒญ์ฐ
์ฅ์
โ
์ถ์ธยท๋ณ๋์ฑยท๊ฑฐ๋๋ 3์ค ํํฐ โ ๋
ธ์ด์ฆ ์ต์ํ
โ
๋ฐฑํ
์คํธยท์๋ ์ง์ โ ๊ธฐ๊ณ์ ๋งค๋งค ๊ฐ๋ฅ
โ
5๋ถ/15๋ถ ์ฐจํธ์ ์ ํฉ โ ๋จํ/์ค์ ํธ๋ ์ด๋ฉ ํ์ฉ ๊ฐ๋ฅ
์ฃผ์์
โ ํก๋ณด์ฅ์์๋ ์ ํธ๊ฐ ์ ๊ฑฐ๋ ์คํจ ๊ฐ๋ฅ
โ ์์๋ฃยท์ฌ๋ฆฌํผ์ง ๊ณ ๋ ค ํ์
๐ Nirvana True Duel โ Strategy Description (English)
Name:
Nirvana True Duel (a.k.a. Nirvana Cross)
Concept & Philosophy
The โNirvana True Duelโ strategy focuses on trading only meaningful breakouts and avoiding unnecessary noise.
Nirvana: A calm, patient state โ waiting for the right opportunity without emotional trading.
True Duel: When the signal appears, enter decisively and let the market reveal the outcome.
In short: โIgnore market noise, trade only high-probability breakouts.โ
๐งฉ Strategy Components
Trend Filter (EMA Ribbon): Stay aligned with the main market trend.
Volatility Squeeze (Bollinger Band): Detect volatility contraction & expansion to catch explosive moves early.
Volume Confirmation (OBV): Filter out false breakouts by confirming with volume flow.
โ๏ธ Entry & Exit Conditions
Long Setup:
20 EMA > 50 EMA (uptrend)
BB width breaks out from recent squeeze
Close > Upper Bollinger Band
OBV shows positive flow
Short Setup:
20 EMA < 50 EMA (downtrend)
BB width breaks out from recent squeeze
Close < Lower Bollinger Band
OBV shows negative flow
Risk Management:
Stop Loss: ATR ร 1.5 below/above entry
Take Profit: 1.5โ2ร stop distance, partial take-profit allowed
Time Stop: Automatically closes after max bars held (e.g. 8h on 5m chart)
โ
Strengths
Triple Filtering: Trend + Volatility + Volume โ fewer false signals
Mechanical & Backtestable: Ideal for objective trading & performance validation
Adaptable: Works well on Bitcoin, Nasdaq futures, and other high-volatility markets (5m/15m)
โ ๏ธ Things to Note
Low signal frequency or higher failure rate in sideways/range markets
Commission & slippage should be factored in, especially on lower timeframes
ATR multiplier and R:R ratio should be optimized per asset
