Multi BB Heat Vis - SMA/EMA/Breakout - r2I don't expect to iterate any further on this script, unless any weird issue crops up.
Description and usage detailed in the comments at the top of the script. Cheers!
To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.
Cheers!
Cari skrip untuk "breakout"
Fakey pattern (Inside Bar False Breakout)Inside Bar + False-Breakout = Fakey pattern
A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.
GS_Opening-Range-V1ORB Opening Range Breakout 5 and 3O Minute Indicator
Kudos to Chris Moody for the inspiration to create my first indicator.
The 5 and 30 run together at times but the scalp would be when the equity breaks the 5 go long or short for the scalp and when it breaks the 30 go for the swing trade.
الشمعة الذهبيةشمعة قاع تجاوز اعلى الشمعة بداية موجة صاعده
“Breakout above the high of the last trough candle marks the beginning of a bullish wave.”
Breakout Probability BB + Fakeout FilterUpdated code for single line filter to use BB, RSI and stoch
Breakout ORB + HTF EMA + ATR Targets (America/Denver)This is a perfect simple chart for those trading Crypto pairs between the London and US market overlays.
Breakout + VWAP + Bollinger Bands BackgroundIt detects buy and sell bias for the trader to understand buy and sell openning. Try it...
Breakout Retest ScannerStill working on it, but break the previous day high or low, retest and get an alert of some sort.
Breakout Josip strategy is focused on analyzing price movements during specific time intervals (from 9:00 AM to 12:00 PM) each day. It tracks the highest and lowest prices in that period and uses them to set targets for potential trades, placing horizontal lines based on these levels. Additionally, you're interested in tracking the success and failure of trades based on whether price breaks certain levels during this time range. The strategy also calculates various metrics like the percentage of successful trades, failed trades, and total trades during a selected time range.
Breakout Candles + RSIHello!
This is my firt script :)
This indicator looks for candles that are significantly larger than the previous X candle.
It is possible to set the following:
Multiplier: deviation from the size of the previous X candle (if set to 3 the size of the actual candle's body /abs(open - close)/ must be larger than the size of the bigger candle from the prevous X candles)
Previous candles: the number of previous candles to size check
Upper RSI limit: if the RSI14 close higher than the specified number, the candle will ignore
Lower RSI limit: if the RSI14 close lower than the specified number, the candle will ignore
Without dojis: if checked, watches candles only that do not have a bottom spike (bullish) or top spike (bearish). Useful for Heikin-Ashi candles
Feel free to left any suggestion!
Thank You!
Breakout TargetCURRENCYCOM:US100
go long for target after bullish close
take short for target after bearish close
first script - testing
Breakout Peak Detection - cryptofnqDetect peaks (and valleys) after the indicator has broken out of horizontal bands.
The peaks (and valleys) are connected by lines and the final line is extended to the right.
This can be used with built-in indicator functions or with other chart indicators.
I'm a coder, not a trader. If you find a useful strategy based on my scripts, please drop me a line.
Breakout Volume [racer8]BV determines when volume is high by comparing the previous volume high over n periods to the current volume.
If the current volume exceeds the previous volume high, then the indicator columns will turn red. Enjoy :)
Breakout Volume Can Help Confirm Other SignalsVolume can help confirm signals we might discover using other methods of technical analysis.
This indicator tracks volume intelligently. Its logic spots above-average turnover and then tests against the price change. BrkVol highlights sessions with heavy volume and directional moves. This can help take out the noise and help confirm the trend.
Tesla is a classic example of this, with the stock rallying after showing heavy-volume gains on October 24- 25, December 16 and January 8.
UCS_Ready Set Go2017 - First Code
This is a another way of looking at DMI indicator. Almost similar to any oscillator. You still need to understand the indicator and chart before you can trade with these.
---------------------------------------------------------------------------
Smart Money Concepts and Adaptive Trend Finder The script is quite long and complex, so I will break down the explanation into two main parts: SMC and ATF.
Part 1: Smart Money Concepts (SMC)
The SMC part of the script includes several features:
1. Market Structure
Break of Structure (BOS) and Change of Character (CHoCH): These are used to identify shifts in market structure. The script can plot bullish and bearish structures (BOS and CHoCH) with customizable colors and display options.
Swing Points: The script can display swing points (highs and lows) on the chart. The swing length is configurable.
Internal Structure: Option to show internal market structure (less significant swings).
Strong/Weak Highs and Lows: Highlights the most recent strong and weak high/low points.
2. Order Blocks (OB)
Order Block Detection: The script detects order blocks (areas where significant buying or selling occurred) based on swing points and volume. The order blocks are filtered by size (multiples of ATR) to avoid too small or too large blocks.
Order Block Display: The order blocks are displayed as boxes on the chart. They can be extended until broken and kept even after being broken (with a limit on how many to keep). The script uses volume profile to narrow the block to the value area (VAH-VAL) and sets the break price to the point of control (POC).
Soft Confirmation: After the extension stop, if price touches the POC but then exits the block in the trend direction, it's considered a soft confirmation.
3. Fair Value Gaps (FVG)
FVG Detection: FVGs are gaps in the price that are considered to be fair value gaps. They are detected based on the price action and can be filtered by size (ATR multiple).
FVG Display: The FVGs are displayed as boxes on the chart. They can be extended until filled and kept even after being filled (with a limit). The script also allows for displaying the probability of the FVG being filled.
4. Higher Timeframe FVG
The script can also display FVGs from a higher timeframe (e.g., daily FVGs on an hourly chart). The higher timeframe is configurable.
5. Equal Highs and Lows (EQH/EQL)
Detection: The script detects equal highs and equal lows within a configurable number of bars and a threshold (based on ATR).
Display: The equal highs and lows are plotted as lines and labels on the chart.
Alerts
The script sets up alert conditions for:
Bullish and Bearish BOS and CHoCH
Order Block breakouts
Equal Highs and Lows
FVG formation and filling
Part 2: Adaptive Trend Finder (ATF)
The ATF part of the script is designed to find the best-fitting trend channel based on the historical price data.
1. Channel Calculation
Period Selection: The script tests multiple periods (lengths) and selects the one with the highest Pearson's R (a measure of linear correlation) to determine the strongest trend.
Channel Drawing: The channel consists of three lines: a midline (regression line) and upper/lower lines that are offset by a multiple of the standard deviation. The channel can be extended to the right, left, both, or none.
Long-Term vs Short-Term: The user can choose between a set of short-term periods (20 to 200) or long-term periods (300 to 1200).
2. Display Settings
Channel Appearance: The channel lines and fill can be customized in terms of color, style, and transparency.
Midline: The midline (regression line) can be customized separately.
Table Display: A table is displayed on the chart showing:
The auto-selected period (the length of the trend)
The trend strength (based on Pearson's R) or the Pearson's R value itself
The annualized return (CAGR) of the trend (only for daily and weekly timeframes)
3. Annualized Return (CAGR)
The Compound Annual Growth Rate (CAGR) is calculated for the selected trend period and annualized based on the timeframe (using 252 for daily, 52 for weekly, etc.).
How to Use the Indicator
SMC Settings
Market Structure:
Toggle the display of market structure (BOS and CHoCH) for bullish and bearish trends.
Adjust the swing length for swing point detection.
Choose to show internal structure and strong/weak highs and lows.
Order Blocks:
Toggle the display of order blocks.
Set the number of recent order blocks to display.
Adjust the size filter (min and max multiples of ATR) for order blocks.
Choose to extend order blocks until broken and how many broken blocks to keep.
Fair Value Gaps:
Toggle the display of FVGs.
Set the number of recent FVGs to display and whether to extend until filled.
Adjust the size filter for FVGs (ATR multiple).
Higher Timeframe FVG:
Toggle the display of FVGs from a higher timeframe.
Set the higher timeframe and how many to display.
Equal Highs/Lows:
Toggle the display of equal highs and lows.
Set the number of bars for confirmation and the sensitivity threshold.
ATF Settings
Channel Settings:
Choose between long-term and short-term channel modes.
Set the deviation multiplier (for the width of the channel).
Customize the channel color, line style, and extension style.
Adjust the fill and line transparency.
Midline Settings:
Customize the midline color, transparency, line width, and style.
Table Settings:
Choose which information to display in the table (auto-selected period, trend strength, Pearson's R, annualized return).
Set the table position and text size.
Alerts
You can set up alerts based on the SMC components (BOS, CHoCH, OB breakouts, EQH/EQL, FVG formation and filling) by using the alert conditions defined in the script.
Note
The script uses multiple external libraries (imports) for plotting, profile, no-delay calculations, math, and SMC functions. These libraries are necessary for the script to function and are included in the imports.
Important
The SMC part requires volume data for order block detection. If the instrument does not have volume data, a warning label is displayed.
This combined indicator is designed for advanced market analysis and may require a good understanding of Smart Money Concepts and trend channel analysis.
Let me know if you need further clarification on any part.
This is a comprehensive trading indicator that combines Smart Money Concepts (SMC) with an Adaptive Trend Finder (ATF). Here's a detailed breakdown:
📊 Indicator Components
1. Smart Money Concepts (SMC) Features
Market Structure Analysis:
BOS (Break of Structure): Identifies trend continuation points
CHoCH (Change of Character): Detects potential trend reversals
Swing Points: Marks significant highs and lows
Internal Structure: Shows smaller degree market movements
Order Blocks:
Detects areas where institutional traders entered positions
Bullish OB: Green shaded areas (demand zones)
Bearish OB: Red shaded areas (supply zones)
POC (Point of Control): Shows the highest volume area within the block
Extends until broken and can be kept visible after break
Fair Value Gaps (FVG):
Bullish FVG: Green gaps (unfilled buying pressure)
Bearish FVG: Red gaps (unfilled selling pressure)
Extends until filled and shows probability of fill
Includes higher timeframe FVG detection
Equal Highs/Lows (EQH/EQL):
Identifies consolidation areas with equal highs/lows
Potential breakout/breakdown levels
2. Adaptive Trend Finder (ATF) Features
Auto Channel Detection:
Automatically finds the best-fitting trend channel using Pearson's R correlation
Short-term mode: 20-200 period channels
Long-term mode: 300-1200 period channels
Deviation channels: Upper/lower bands based on standard deviation
Trend Strength Analysis:
Pearson's R: Statistical measure of trend strength (0-1 scale)
Confidence levels: From "Extremely Weak" to "Ultra Strong"
Annualized returns: Shows CAGR for the detected trend
🎯 How to Use This Indicator
Trading Signals:
SMC Entry Signals:
Order Block Bounce: Enter when price returns to an order block
FVG Fill: Trade the fill of fair value gaps
Structure Break: Trade BOS for continuation or CHoCH for reversal
EQH/EQL Break: Trade breakouts from equal highs/lows
ATF Context:
Use ATF channel direction for trend bias
Trade in direction of the stronger Pearson's R correlation
Use channel boundaries as dynamic support/resistance
Practical Usage:
Bullish Scenario:
ATF shows upward channel with strong Pearson's R
Price pulls back to bullish order block
Look for bullish FVG or structure break confirmation
Enter long with stop below the order block
Bearish Scenario:
ATF shows downward channel
Price rallies to bearish order block
Watch for bearish FVG or CHoCH
Enter short with stop above the order block
⚙️ Key Settings to Adjust
SMC Settings:
Swing Size: Adjust sensitivity (default 50)
Order Block Size Filter: Filter blocks by ATR multiples
Show last OB/FVG: How many recent levels to display
Extend until broken/filled: Keep levels active
ATF Settings:
Use Long-Term Channel: Switch between short/long-term analysis
Deviation Multiplier: Adjust channel width (default 2.0)
Table Position: Where to display statistics
📈 Trading Strategies
Strategy 1: Trend Following
Confirm trend direction with ATF
Wait for pullback to SMC level (OB/FVG)
Enter on structure break in trend direction
Use ATF channel as trailing stop
Strategy 2: Mean Reversion
Identify strong ATF channels (high Pearson's R)
Trade bounces from channel boundaries
Use nearby SMC levels for precise entries
Target opposite channel boundary
Strategy 3: Breakout Trading
Watch for EQH/EQL formations
Confirm with ATF trend strength
Enter on break of consolidation
Use recent FVG as initial target
⚠️ Risk Management
Always use stops (below/above SMC levels)
Consider ATF channel strength for position sizing
Higher Pearson's R = stronger trend = larger positions
Combine multiple SMC confirmations for higher probability trades
🔍 Pro Tips
Timeframe Alignment: Use higher timeframe ATF for direction, lower timeframe SMC for entries
Volume Confirmation: SMC works best with volume data
Multiple Timeframe Analysis: Use HTF FVG for major levels
Correlation Strength: Trades with Pearson's R > 0.8 have higher success rates
Block Freshness: Newer order blocks are more significant than older ones
This indicator is powerful for understanding institutional order flow and combining it with statistical trend analysis. The key is using SMC for precise entries and ATF for overall market context.
RSI Histogram PRO [AlgoRich]What is it?
A rescaled RSI (±100) shown as a histogram, with options for advanced smoothing (SMA/EMA/WMA/HMA/JMA/KAMA), zero-line crossover signals, anti-noise filters, and independent timeframes for both the “raw” and smoothed readings.
Key Features
1) Rescaled RSI (−100..100)
Transforms the classic RSI into a symmetric scale: 0 = neutral, +100/−100 = extremes.
Displayed as a bi-color histogram: green (≥0) and orange (<0) by default.
2) Configurable smoothing
Moving Average Type: NONE / SMA / EMA / WMA / HMA / JMA / KAMA.
Moving Average Length: controls how much the histogram is smoothed.
KAMA alpha: exposed parameter to fine-tune KAMA’s sensitivity.
3) Independent timeframes (MTF)
Smoothed Timeframe (tf): the TF where the smoothed histogram is calculated.
Raw Timeframe (tfRaw): a separate TF for the fast “raw” line.
RSI Length (Smoothed) and RSI Length (RAW): independent lengths for each series.
4) Overbought/Oversold guide levels (4 lines)
Two levels per side: OB1/OB2 and OS1/OS2.
Optional shading in extreme zones for quick visual cues.
5) Zero-line crossover signals
Diamonds plotted at the zero line when a crossover/crossunder occurs:
Choose Smoothed, Raw, or Both.
Optional RAW line to visualize earlier shifts.
6) Flexible bar coloring
Color mode:
None (no coloring),
AllBySign (all candles by histogram sign),
OnlyCross (only the candle where a valid crossover happens).
If OnlyCross: use crosses from: Smoothed or Raw.
Optional lighter tone overlay to highlight without hiding price.
7) “Strong cross” filter (anti-noise)
Enabled with Filter by strong cross.
A signal is valid only if the candle size exceeds a threshold:
Metric: BODY (|close−open|) or TR (true range).
Lookback: average size of the last N candles.
Multiplier: k.
→ If current size > avg × k, the cross is validated and painted.
How to interpret
Trend/Bias:
Histogram above 0 = bullish bias; below 0 = bearish.
Signals:
BUY when the selected series crosses upward through 0.
SELL when it crosses downward through 0.
With the strong-filter active, only powerful moves trigger signals.
Extreme levels:
OB/OS levels highlight exhaustion and potential reversal zones.
Suggested Use
15-min trendline breakouts:
Smoothing: KAMA, length 7, MA Length 4.
RAW faster: lengthRaw 14 (lower values = more aggressive).
Signals: trade the Smoothed cross, use RAW as early alert.
Activate the strong cross filter to avoid micro-noise.
Multi-TF setups:
Example: tf = 15m (entry), tfRaw = 5m (timing) or tfRaw = 60m (higher bias).
Key Parameters (summary)
RSI Length (Smoothed) / RSI Length (RAW): sensitivity of each series.
MA Type / MA Length: smoothing strength.
KAMA alpha: custom sensitivity for KAMA.
tf / tfRaw: independent timeframe choice.
OB/OS ×2: two overbought/oversold levels per side.
Bar colors: None / AllBySign / OnlyCross (+ choose cross source).
Strong cross filter: BODY/TR metric, lookback, multiplier.
Notes
Signals confirm at candle close of the selected timeframe.
The RAW component is faster (more crosses); the Smoothed confirms (fewer false positives).
Do not rely solely on OB/OS levels: combine with market structure (S/R, trendlines, volume).