This script provides basic pivot point Support and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks by filtering using the Volume Oscillator.
Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals.
I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one.
"Period" is used to find Pivot Points
"Max Breakout Length" is the maximum length to search breakouts
"Threshold Rate %" is channel width of the breakout area. calculated using highest/lowest of...
Built with love "Smarter SNR (Support and Ressistance, Trendline, MTF OSC) "
This indiator will show you Support & Ressistance, Good Trendline, and Multi-timeframe analyzing of Oscillator (Stochastic and RSI)
You can combine with your own strategy, or use this purely
Measure the risk first before use it in real market
Backtest The Strategy was very...
Volume shows strength of a movement and highest volume shows the region that pushed price to certain extent with full strength. Breakout or Breakout of the highest volume bar range shows continuity further push by sellers or buyers indicating a trend continuation for a small period if not for long duration. Entries can be taken once signal is generated with...
Disclaimer: Use proper risk management and remember that all trading involves risk.
Based on RicardoSantos' "Open Session Breakout Trader Strategy"
I turned it into a study and tweaked it for trading Silver
My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.
The Smart Money Trading Thursday - is a very specific trading system. You only trade it on a Thursday.
The script/indicator will color Thursdays as two boxes. If you just want one color, use same color for
both boxes. The boxes is there to indicate London/New York sessions.
In the setting you find a numeric value as 1700-0400:5
The "5" indicate...
Continuing deeper and stronger with the screeners' educational serie one more time (#daft #punk #private #joke)
We don't have to wait for TradingView to allow screener based on custom indicator - we can build our own ^^
I - Long Terms concept
I had the idea from @scarff.
I think it's genius and I use this long terms level in my trading across...
Match with the MM Chop Filter
This draw Non repainting range boxes when the oscillator see a range.
-Breakout Buy/Sell Signals and Exit signals when prices enters a range just in case you did get into a trade. .
-Alarms to match the signals
How to use
Match with the oscillator and always trade the trend with your strategy confirmation and the breakout this...
Plot high and low of first candle from the current timeframe.
The levels are adjusted automatically when the timeframe is changed.
Trade breakout in either direction with other as a stop loss.
Can be used for any instrument.
EneX is signal that give recommendation signals for entry and exit on spot market. This indicators not suitable for leverage trading in futures market.
EneX signal consider several indicators and has entry and exit rules.
EneX signal is suitable for investors who believe in trend following strategy (disclaimer on).
This script composed by Yohan Naftali for...
Pips Breakout Candle measures price changes in pips. This indicator can be used to identify major price moves! The indicator comes with a sentiment line which is the sum of the Up versus Down price changes. It gives a good understanding of the current trend and identifies divergences.
Set alerts for major price moves!
Identify the trend!
Based On the "Chop and explode Indicator by fhenry0331
We Updated to Pine 5
- Added break out alerts and Signals
How To use
when the line is blue confirmed Buy
Line is Red confirmed Sell
ALWAYS use in confirmation with your strategy and Trade with the trend.
Match with the on chart version for best results
If you use Ichimoku Cloud strategies, this indicator is very useful for you!
This code indicates the candles that break the ichimoku cloud in both directions!
conversion line, base line and lagging span are disable by default, you can enable it from settings window.
green triangles under the candles with green backgrounds show break out the red clouds.
This script adds the 52 weeks (one year) high/low to the chart but it wouldn't update the value on the current trading day, so that it would remain at the same level for the whole trading day. It can come really handy for day trading the day of the 52 weeks high/low breakout/breakdown.
A breakout refers to when the price of an asset moves above a resistance area or below a support area. Breakouts indicate that the price may be trending in the direction of the breakout.
L1 Breakout Indicator utilizes highest() and lowest() functions to define breakout levels. Use ema() to draw a trade line to detect the distance to...
Seismic Market Spike Detector v1.0
This indicator helps identify spikes in market activity , typified by bars with extreme open / close or high / low prices.
This indicator plots 2 lines. The Blue line simply depicts extreme price movements with in that bar regardless of the initial opening price of the closing price of the bar. This allows you to get an...
Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis.