ZenAndTheArtOfTrading

Breakout Indicator

This script allows you to set breakout alerts.

An alert will be triggered only when price breaks and closes beyond the specified prices. You will get an alert on the first candle that closes beyond the levels you set.
Release Notes: Small improvements to UI
Release Notes: Small improvements
Release Notes: Small improvements
Release Notes: Modified alert system to allow for alerts to be sent before the candle closes
Release Notes: Added offset setting
Release Notes: Converted to Pine Script version 4
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
My Resources Hub: https://theartoftrading.com
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Comments

Hey @ZenAndTheArtOfTrading, thanks for getting back to me.

I frequently use the normal alert functionality and can easily create a trend line and program it to alert me when it's crossing, either up or down. Where I'm having an issue is getting your script to alert with a close on the desired timeframe. Under the first condition option do I select your script "BKOI" or the trading pair itself? I have tried different variations of the options to no avail.

Thanks!
+4 Reply
Hello and thanks for this. Could you please explain how to actually use this as I've set it on multiple charts but no alerts...
+1 Reply
@olatc, Hi! This article I wrote might help explain how to set alerts with this indicator: https://zenandtheartoftrading.com/how-to-set-tradingview-alerts/

You need to manually set the alert to trigger for each currency pair and timeframe that you set it up on. Good luck and let me know if you need further help :)
Reply
olatc ZenAndTheArtOfTrading
@ZenAndTheArtOfTrading, Hi!

Please check your direct messages.

Thanks!
+3 Reply