PROTECTED SOURCE SCRIPT
Confirmed Breakout Detector v2
This indicator automatically:
Detects breakouts above recent resistance (pivot high).
Confirms volume surge (≥ 1.5× average 50-day volume).
Compares RS line vs QQQ to ensure leadership.
Checks candle strength (close in upper half).
Verifies MACD slope ≥ 0 (no bearish divergence).
Plots green triangles under confirmed buys, orange for watch-list breakouts.
Displays an on-chart label (HUD) with real-time confirmation status.
Supports TradingView alerts, so you can set “Confirmed Buy Alert” → Send Email / App Notification.
Detects breakouts above recent resistance (pivot high).
Confirms volume surge (≥ 1.5× average 50-day volume).
Compares RS line vs QQQ to ensure leadership.
Checks candle strength (close in upper half).
Verifies MACD slope ≥ 0 (no bearish divergence).
Plots green triangles under confirmed buys, orange for watch-list breakouts.
Displays an on-chart label (HUD) with real-time confirmation status.
Supports TradingView alerts, so you can set “Confirmed Buy Alert” → Send Email / App Notification.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.