OPEN-SOURCE SCRIPT
MSB Trend Breakout Indicator
**MSB Trend Breakout Indicator: The Low-Risk Trend Catcher**
This indicator is built on a proprietary system designed to identify and confirm high-momentum price breakouts within the prevailing market trend.
**What It Does:**
* **Confirms Trend Bias:** Uses a customized Moving Average filter to determine the direction of institutional flow (Long or Short).
* **Identifies Entry Momentum:** Plots signals only when price breaks a calculated short-term support/resistance level, confirming strong directional momentum.
* **Filters Noise:** Excludes signals during market chop or counter-trend movement, focusing on higher probability setups.
**Optimized For:** XAUUSD (Gold) on 15m/30m charts.
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**Important Note & Risk Disclosure:**
The underlying logic is designed to optimize risk management. This tool is for informational and educational use only. Past performance is not indicative of future results, and this indicator does not guarantee profits. Please use appropriate risk tolerance when trading.
This indicator is built on a proprietary system designed to identify and confirm high-momentum price breakouts within the prevailing market trend.
**What It Does:**
* **Confirms Trend Bias:** Uses a customized Moving Average filter to determine the direction of institutional flow (Long or Short).
* **Identifies Entry Momentum:** Plots signals only when price breaks a calculated short-term support/resistance level, confirming strong directional momentum.
* **Filters Noise:** Excludes signals during market chop or counter-trend movement, focusing on higher probability setups.
**Optimized For:** XAUUSD (Gold) on 15m/30m charts.
---
**Important Note & Risk Disclosure:**
The underlying logic is designed to optimize risk management. This tool is for informational and educational use only. Past performance is not indicative of future results, and this indicator does not guarantee profits. Please use appropriate risk tolerance when trading.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Verified Trend Breakout Strategy | For access, please contact me directly @kmozkan.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Verified Trend Breakout Strategy | For access, please contact me directly @kmozkan.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.