Breakout & Trend & Scalping (Expo)

Breakout, Trend, Scalping (Expo) gives insights about trend direction, trend strength, trend breakouts, and scalping impulses. The indicator is for traders that easily want to catch true breakouts, find reversals and retracements, and want to be able to gauge the trend strength. The indicator has various input sources: ATR (Default), VWAP, RSI, Average Trend and comes with Breakout Signals, Start of Trend Signals, and Take Profit Signals.

The unique gradient-coloring is used to identify impulses as well as to gauge the trend strength. The Trend Strength is also measured using the value of the BTS line.

• Real-Time Alerts
  
• No Repainting
  
• Works on any market and in any timeframe
  

HOW TO USE

• Identify True Breakouts
  
• Identify Trend Strength
  
• Identify Retracements and Reversals
  
• Identify Trend Impulses
  
• Identify Divergences
  

INDICATOR IN ACTION

5 min chart

Three different modes are displayed on the chart below. ATR Trend, VWAP Trend, and Trend Breakout.

I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/strategies/ideas are only for educational purposes!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below

Release Notes:

Improvements!

• Major Performance Improvements
  
• Tooltips Added
  

Release Notes:

Improvements!

• Improved computing performances
  
• Minor changes
  

Release Notes:

Improvements!

• Stability improvements
  

Release Notes:

Performance Improvements

• New Design
  
• Auto Timeframe Added
  
• Time & Trend Candles Added
  
• Enhanced Price-Time Calculation