OPEN-SOURCE SCRIPT
FTBBT
📘 FTBBT (Filtered Two Bar Break Through)
Overview
FTBBT is a filtered breakout indicator based on the Two Bar Break Through concept.
It generates Buy and Sell signals when the current bar breaks above or below the previous bar’s high/low, but filters out duplicate signals in the same direction.
This ensures that only the **first breakout** in each sequence is shown, keeping the chart clean and focused.
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Key Features
1. Filtered Breakouts
• Only the first breakout is displayed.
• Prevents clutter when multiple candles break in the same direction.
2. Visuals
• Light pink labels (60% transparency).
• "Buy" appears below the bar when the high is broken.
• "Sell" appears above the bar when the low is broken.
3. Alerts
• Alerts are triggered only for filtered signals.
• Custom alert messages for both Buy and Sell events.
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How to Use
• Add FTBBT to your chart.
• Focus on the first breakout signal after a move begins.
• Combine with trend filters, volume, or higher timeframe context for stronger confirmation.
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👉 In short:
**FTBBT delivers clean, filtered breakout signals.**
It highlights meaningful shifts by removing duplicate noise, showing traders only the key moments.
Overview
FTBBT is a filtered breakout indicator based on the Two Bar Break Through concept.
It generates Buy and Sell signals when the current bar breaks above or below the previous bar’s high/low, but filters out duplicate signals in the same direction.
This ensures that only the **first breakout** in each sequence is shown, keeping the chart clean and focused.
---
Key Features
1. Filtered Breakouts
• Only the first breakout is displayed.
• Prevents clutter when multiple candles break in the same direction.
2. Visuals
• Light pink labels (60% transparency).
• "Buy" appears below the bar when the high is broken.
• "Sell" appears above the bar when the low is broken.
3. Alerts
• Alerts are triggered only for filtered signals.
• Custom alert messages for both Buy and Sell events.
---
How to Use
• Add FTBBT to your chart.
• Focus on the first breakout signal after a move begins.
• Combine with trend filters, volume, or higher timeframe context for stronger confirmation.
---
👉 In short:
**FTBBT delivers clean, filtered breakout signals.**
It highlights meaningful shifts by removing duplicate noise, showing traders only the key moments.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.