Rob Booker - ADX Breakout updated to pinescript V5Rob Booker - ADX Breakout. The strategy remains unchanged but the code has been updated to pinescript V5. This enables compatibility with all new Tradingview features. Additonally, indicators have been made more easily visible, default cash settings as well as input descriptions have been added.
Rob Booker - ADX Breakout: (Directly taken from the official Tradingview V1 version of the script)
Definition
Rob Booker’s Average Directional Index (ADX) Breakout is a trend strength indicator that affirms the belief that trading in the direction of a trend and continuing to follow its pull is more profitable for traders, while simultaneously reducing risk.
History
ADX was traditionally used and developed to determine a price’s trend strength. It is commonly known as a tool from the arsenal of Rob Booker, experienced entrepreneur and currency trader.
Calculations
Calculations for the ADX Breakout indicator are based on a moving average of price range expansion over a specific period of time. By default, the setting rests at 14 bars, this however is not mandatory, as other periods are routinely used for analysis as well.
Takeaways
The ADX line is used to measure and determine the strength of a trend, and so the direction of this line and its interpretation are crucial in a trader’s analysis. As the ADX line rises, a trend increases in strength and price moves in the trend’s direction. Similarly, if the ADX line is falling, a trend decreases in strength and price then enters a period of consolidation, or retracement.
Traditionally, the ADX is plotted on the chart as a single line that consists of values that range from 0-100. The line is non-directional, meaning that it always measures trend strength regardless of the position of a price’s trend (up or down). Essentially, ADX quantifies trend strength by presenting in both uptrends and downtrends of the line.
What to look for
The values associated with the ADX line help traders determine the most profitable trades and where risk lies in the current trend. It is important to know how to quantify trend strength and distinguish between the varying values in order to understand the differences in trending vs. non-trending conditions. Let’s take a look at ADX values and what they mean for trend strength.
ADX Value:
0-25: Signifies an absent of weak trend
25-50: Signifies a strong trend
50-75: Signifies a very strong trend
75-100: Signifies an extremely strong trend
To delve into this a bit further, let’s assess the meaning of ADX if it is valued below 25. If the ADX line remains below 25 for more than 30 or so bars, price then enters range conditions, making price patterns more distinguishable and visible to traders. Price will move up and down between resistance and support in order to determine selling and buying interest and may then eventually break out into a trend or pattern.
The way in which ADX peaks, ebs, and flows is also a signifier of its overall pattern and trend momentum. The line can clearly indicate to the trader when trend strength is strong versus when it is weak. When ADX peaks are pictured as higher, it points towards an increase in trend momentum. If ADX peaks are pictured as lower - you guessed it - it points towards a decrease in trend momentum. A trend of lower ADX peaks could be a warning for traders to watch prices and manage and assess risk before a trade gets out of hand. Similarly, whenever there is a sudden move that seems out of place or a change in trend character that goes against what you’ve seen before, this should be a clear sign to watch prices and assess risk.
Summary
The ADX Breakout indicator is a trend strength indicator that analyzes price movements relative to trend strength to signal a user when is best for a trade and when is best to manage risk and assess patterns. As long as a trader recognizes strong trends and assesses the risk of each trade properly, they should have no problem using this indicator and utilizing it to work in their favor. In addition, the ADX helps identify trending conditions, but while doing so, also aids traders in finding strong trends to trade. The indicator can even alert traders to specific changes in trend momentum, allowing them to be primed for risk management.
Search in scripts for "breakout"
The One Trader Toolkit - Open AccessThis script is the open version of my existing invite-only script of the same name and has been opened for access to the community to use, but not modify or clone in any way.
This has been done as the invite-only script cannot be changed back to a public script and vice-versa, keeping in line with Tradingview House Rules.
The code is based on a full strategy that has been explained in detail as follows:
// Step 1:
// We will consider the 200ema a standard to assess the average price over the longer term.
// If the current price on the daily chart is seen above the 200ema, we will consider that the stock is in a long term uptrend.
// If the current price on the daily chart is seen below the 200ema, we will consider that the stock is in a long term downtrend.
// In order to assess the long term trend, a band is plotted between the CLOSE (Average price), HIGH (Average High Price), LOW (Average Low Price) of the last 200 days.
// This band has been color coded for easy visual recognition. Green fill between ema close and ema high. Red fill between ema close and ema low.
// The methodology explains that the trader should have a long bias when the price is above the green part of the band and a short bias while price is below the red part of the band.
// Step 2:
// Now we come to a lower timeframe analysis with the 200ema moving average on the hourly timeframe.
// This is marked by a very distinct solid blue line which cannot be missed.
// If the price is still above this moving average and correlates with the higher timeframe trend in step 1, then we will continue our analysis.
// Otherwise, the stock is not ready to be filtered down and we will move to another stock.
// Step 3:
// On the same hourly timeframe, we will continue further analysing the position of a red 50ema line as compared to the same blue 200ema line or a separetely plotted gray 200ema line.
// If the 50ema is above the blue or the gray 200ema line (and in correlation with trend in steps 1-3), then the stock is believed to be bullish.
// If the 50ema is below the blue or the gray 200ema line (and in correlation with trend in steps 1-3), then the stock is believed to be bearish.
// Step 4:
// After multiple confirmation of a continuing trend, we will try to ascertain a good entry point.
// On the one hour timeframe, we will apply the Phase Changer.
// Phase Changer configuration is derived from a common setup which includes the 8ema and 20ema lines.
// I have implemented it in the Indian stock market setup with an added theory that we ignore the Phase Changer position on any timeframe higher than hourly timeframe.
// So the Phase Changer is not only an indication of the continuing trend, but also a great indicator of what the price is trying to achieve through its interaction with the lines.
// If 8ema is above the 20ema on the hourly chart, then the stock is believed to be bullish.
// If 8ema is below the 20ema on the hourly chart, then the stock is believed to be bearish.
// The same will be done on 15 minutes timeframe.
// In either setup, if there is a pullback and price is touching any of the two ema lines and eventually gets rejected towards the continuing trend, then it is an indication of a good entry at the failure of the pullback.
// Step 5:
// After confirmation through Daily, Hourly and 15 minutes timeframes, we will now come to the execution (5 Minute) timeframe.
// Apply the breakfast range. This is the range formed during the first hour of trading.
// The high of the first hour and the low of the first hour form the breakfast breakout.
// This method is also widely known as Open Range Breakout (ORB).
// The breakfast range is commonly used for stock indices only on a Monday morning, we use it for all days of the week and mostly on stocks.
// If the breakout is consistent with the trend that we have been confirming since step 1, we will enter the trade.
// Step 6:
// An additional daily range has been plotted for those who would like to trade the breakout of the daily range.
// This is the sum of the open price of the day the range of the previous day.
// The green line is used as resistance and the red line is used as support.
// Any breakout of those lines will be considered a strong continuation of the trend, mostly until the end of the trading session.
// Miscellaneous
// The first hour of the trading day is marked yellow with a black solid bar marked at the end of the first hour.
// All trades will be taken only after 10:20am.
// Stoploss Settings
// We will be calculating stoploss with the help of the ATR values.
// I have defined two stop loss levels, one for safe traders and the other for aggressive traders.
// Safe traders will select the safe option in a long trade or short trade respectively and mark the stoploss indicated at the time of taking the breakout entry.
// Aggressive traders on the other hand will select the aggressive stop loss option in long or short trades respectively and mark the stoploss indicated at the time of taking the breakout entry.
Litt Opening Range BreakoutThe Litt ORB, Opening Range Breakout, is a tool used by many intraday traders to take advantage of short-term momentum. This script plots extensions based on the opening range and then color candles depending on where the closing price of that candle is. The opening range is defined by either the first 30 or 60 minutes of a new trading day. During that time the opening ranges are set. If the opening range time has passed and we start to break above the Opening Range High that is a good indication that a Trend Day to the upside could be forming. When a stock takes out the range high from the first 30 or 60 minutes this is called an Opening Range Breakout.
OR = Opening Range
ORH = Opening Range High
ORL = Opening Range Low
ORM = Opening Range Mid (Half-way between ORH and ORL)
You can see the ORH and ORL (Opening Range) lines on the chart. The other lines are extension lines from the Opening Range. These are used as price targets for the end of Opening Range breakouts.
The candles are colored as follows.
If we are above the ORH then we use Bull Color 1.
If we are below the ORL then we use Bull Color 2.
If we are above the ORM, Opening Range Mid or the halfway point between the ORH and the ORL, we color Bull Color 2.
If we are below the ORM then we color Bear Color 2.
If the current time is still within the Opening Range then we color the Opening Range Color.
OR = Opening Range
ORH = Opening Range High
ORL = Opening Range Low
ORM = Opening Range Mid (Half-way between ORH and ORL)
TradeChartist Volatility Trader ™TradeChartist Volatility Trader is a Price Volatility based Trend indicator that uses simple to visualize Volatility steps and a Volatility Ribbon to trade volatility breakouts and price action based on lookback length.
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Features of ™TradeChartist Volatility Trader
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The Volatility steps consists of an Upper band, a Lower band and a Mean price line that are used for detecting the breakouts and also used in plotting the Volatility Ribbon based on the price action. The Mean Line is colour coded based on Bull/Bear Volatility and exhaustion based on Price action trend.
In addition to the system of Volatility Steps and Volatility Ribbon, ™TradeChartist Volatility Trader also plots Bull and Bear zones based on high probability volatility breakouts and divides the chart into Bull and Bear trade zones.
Use of External Filter is also possible by connecting an Oscillatory (like RSI, MACD, Stoch or any Oscillator) or a non-Oscillatory (Moving Average, Supertrend, any price scale based plots) Signal to confirm the Bull and Bear Trade zones. When the indicator detects the Volatility breakouts, it also checks if the connected external signal agrees with the trend before generating the Bull/Bear entries and plotting the trade zones.
Alerts can be created for Long and Short entries using Once per bar close .
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Note:
Higher the lookback length, higher the Risk/Reward from the trade zones.
This indicator does not repaint , but on the alert creation, a potential repaint warning would appear as the script uses security function. Users need not worry as this is normal on scripts that employs security functions. For trust and confidence using the indicator, users can do bar replay to check the plots/trade entries time stamps to make sure the plots and entries stay in the same place.
™TradeChartist Volatility Trader can be connected to ™TradeChartist Plug and Trade to generate Trade Entries, Targets etc by connecting Volatility Trader's Trend Identifier as Oscillatory Signal to Plug and Trade.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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Magnetic Zones v1.1 BetaMagnetic Zones v1.1 Beta
This is one of the most powerful and effective indicator which I personally use for Intraday.
It works well for trending stocks and trending days.
What are the Zones?
The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry.
How to use?
Labels:
Pivot = P
Major Zones = R1, R2, R3, S1, S2, S3
Minor Zones = R0.5, R1.5, R2.5, S0.5, S1.5, S2.5
Previous Day High & Low = PDH, PDL
Breakout:
Opens between Previous Day High or Low and R1 or S1 Zone and taking retracement at the zone can result in a breakout.
Entry Time:
No Entry: 0 to 15min. Wait for the early Algo rush to settle down. Just go through the shortlisted stocks or top gainers and top losers.
Risky Entry: 15min to 30min. It is the right or early time to participate in the beginning of a rally. But, recommended only for experienced, disciplined and planned traders.
Moderate Risk: 30min to 45min
Safe Entry: After 45min to 1hr
Stock Selection Tip:
Use Expanded Floor Pivots to spot Narrow Range stocks.
Entry Tip:
Use Opening Range Breakout (15, 30, 45 or 1hr) to spot false shoot ups.
Entry:
After the retracement on or closer to the zones.
If the retracement happens in between spaces of the zones expect next retracement at the next in between space. Imagine the levels accordingly.
Retracement is the right time to make an entry with minimum stoploss.
Stoploss:
Just below the longest candle which touches the zone.
Target:
If it is a trending stock the price will move easily from one major zone to another major zone.
If the zones are wider on a particular day use the minor zones as target.
Consider the historical support and resistance, highs and lows to confirm the entry or exit.
Indicator Features:
Inclusion of 2nd and 3rd zones: Helpful to identify the target zone and to participation in a major rally.
Clean and cluster free look
Shows only required zones
Hide historical levels
Previous day High and Low levels
Multi time-frame
Caution:
Don't solely depend on this indicator. Always use this with other analyzing tools or methods for more confirmation.
Acknowledgement:
Thanking the original formulators.
Note:
The indicator is under testing. Any errors, updates and additions will be updated in the final version.
Even though there many are other indicators similar to this in TradingView, this indicator is customized for precision, inclusion of extended levels and designed for a squeeze free chart and visual appeal.
Explore, improvise and formulate new methods with your personal experience and ideas.
Force IndexWhat is the force index ?
The force index is an oscillator used to confirm price breakout strengths and identify potential trends.
It was popularized by A. Elder.
How the force index is computed ?
Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the force index is computed with the intensity of the price movement, and it's volume , using the formula ema13((close(n) - close(n-1)) * volume ) .
How to use the force index
An important change in the force index indicate a strong momentum in the price action.
You can read more about the force index interpretation on Investopedia
Customization
You can display the indicator as an histogram, or as a line chart.
You can change EMA length, although it's recommended to keep it at default value.
CPR by Anand with PDL/PDH & Breakouts 15/30 minsThis is an enhanced version of CPR by Anand with Configurable previous day high and low and option to configure breakout lines of 15 and 30 mins.
Will be an useful tool for day traders who follows CPR tricks and breakouts.
DepthHouse - Envelope OscillatorDepthHouse Envelope Oscillator is designed to show dynamic support and resistance, along with possible over extension.
The indicator has two main functions. The Standard function (top) and the Shifted function (bottom).
The Standard Function:
The oscillators outermost edges represent dynamic support and resistance. These points can often represent excellent buy and sell opportunities. Especially in a ranging market.
Anything below or above these lines often represent a possible breakout or overexertion in either direction.
The Shift Function:
This works very similar to the standard function, however this actually offsets the calculations x to the right. This can be an excellent tool for breakout traders. In many breakouts, the horizontal lines actually shift from resistance to support, and visa versa depending on trend direction.
With this function enabled, the user can designate the position of the horizontal lines, which adjusts the buy sell signals in the middle as well.
Signals Beta:
Both functions give possible buy and sell signals shown by the circles in the middle. The strength of the signal is shown by the circle size. The larger the circle, the stronger the signal.
This feature is in beta testing is not advised to trade off of.
How to get:
As you can see this is an invite only script. In the coming months this indicator, along with many others will become pay to use only. (website on my profile page)
However all my indicators will be FREE until AT LEAST May of 2018 . So please try them out!
To take advantage of this FREE trial
1. Subscribe to my YouTube channel. I have many more videos to come! Maybe even leave a comment of what you would like to see next!
www.youtube.com
2. Comment on this indicator post! Maybe even give me a follow :D
I hope you all enjoy!!
Ghost Protocol: Smart Money HUD [Ash_TheTrader]👻 GHOST PROTOCOL: The Institutional HUD
"Stop trading blind. Start seeing where the Smart Money is hiding."
Most indicators lag. They tell you what happened. Ghost Protocol tells you what is happening right now by combining two powerful concepts: Volume Absorption (Whale Defense) and Kinematic Physics (Price Velocity).
This is not just an indicator; it is a complete Heads-Up Display (HUD) for scalpers and day traders on NQ, ES, Gold, and Crypto.
🧠 The Concept: Why It Works
Retail traders lose money for two reasons:
Selling into a bottom (where Whales are absorbing orders).
Buying a fake breakout (where price lacks the energy to continue).
Ghost Protocol solves both by visualizing the invisible battle between aggressive orders (Retail) and passive limit orders (Institutions).
🛠️ The 3 Core Features
1. The "Ghost Walls" (Reversal Detector) 🛡️
What it is: Detects when massive volume hits the market but Price fails to progress. This is Absorption. A "Whale" is using a Limit Order Wall to absorb panic selling or FOMO buying.
The Visual:
🟢 Green Ghost Bubble + Beam: Buyers are absorbing sellers. (Bullish Wall).
🔴 Red Ghost Bubble + Beam: Sellers are absorbing buyers. (Bearish Wall).
Sticky Tech: The bubbles "stick" to the wicks perfectly, regardless of zoom level.
2. The "Velocity Terminal" (Breakout Validator) 🚀
What it is: A Physics Engine for price. It calculates Jerk (Change in Acceleration). Standard breakouts often fail, but a breakout with high "Jerk" (Surge) rarely comes back.
The Visual:
🟣 Plasma Purple Candle: Valid Breakout. Price is moving with high physical energy. Safe to follow.
⚪ Grey/Dull Candle: Fakeout. Price broke a level but lacks energy. The move is likely a trap.
3. The Smart Money Dashboard 💻
A sleek, "Classy" panel in the bottom right corner.
Monitors both engines simultaneously:
GHOST WALL: Scans for Reversals (Buy/Sell Walls).
VELOCITY: Scans for Momentum (Surge/Fakeout).
🎯 How to Trade This Script
Strategy A: The "Whale Reversal" (Scalping)
Step 1: Wait for price to push hard into a level.
Step 2 : A Ghost Wall (Ghost Icon 👻) appears.
Step 3 : A vertical Neon Beam lights up the background.
Action: Take the reversal immediately. Place stop loss just behind the bubble.
Strategy B: The "Physics Breakout" (Trend Following)
Step 1: Price breaks a key resistance or support level.
Step 2: Look at the candle color.
If it is Plasma Purple: ENTER. The physics engine confirms true momentum.
If it is Grey: WAIT. It is likely a fakeout designed to trap you.
⚙️ Settings & Customization
Bubble Distance: Adjust how close the Ghost bubbles sit to the candles.
Sensitivity: Tune the "Jerk Threshold" for the physics engine.
Visuals: Toggle the Background Beams, Dashboard size, and Neon colors to fit your dark/light mode setup.
Created by @Ash_TheTrader Trade with the Whales, not against them.
Arkham ORB Indicator 3.815-Minute ORB Breakout Indicator with Volume Confirmation & Dynamic Risk Management
This closed-source indicator identifies high-probability breakout opportunities during the New York session open (8:30-9:30 AM ET) using a systematic Opening Range Breakout methodology combined with volume validation and adaptive volatility-based risk management.
Core Methodology - How It Works
Opening Range Framework
The indicator establishes the Opening Range by tracking the high and low of the first 15 minutes of the trading session (8:30-8:45 AM ET). This range represents the initial price discovery zone where early participants establish equilibrium. Breakouts above the high or below the low signal potential directional moves as liquidity enters the market during the full NY session.
Volume-Based Breakout Validation
To distinguish genuine breakouts from false moves, the indicator employs a rolling volume analysis system. It calculates a 12-period median of volume and applies a 1.2x threshold multiplier. Only price movements accompanied by volume exceeding this threshold are flagged as valid breakout signals. This approach filters out low-conviction breakouts that often occur in choppy, low-participation conditions and significantly reduces false signals at ORB levels.
Adaptive Volatility-Based Stop Loss Calculation
Unlike fixed-point stop losses, this indicator uses a dynamic calculation based on a 10-day lookback of historical ORB ranges. The stop loss is derived by analyzing recent Opening Range sizes and applying a 0.5x multiplier to the average. This creates three key advantages:
Compression adaptation: When recent ORBs shrink (low volatility), stops automatically tighten to reduce risk exposure
Expansion adaptation: When recent ORBs expand (high volatility), stops widen to prevent premature exits on legitimate moves
Hybrid intelligence: The system detects outlier volatility days by comparing current ORB size to the 10-day average. When divergence exceeds 50%, it recognizes abnormal conditions and adjusts stop placement accordingly rather than blindly using historical averages
Multi-Entry Risk Framework
The indicator recognizes that different traders enter at different points relative to the ORB level. It provides simultaneous risk calculations for three entry strategies:
Direct ORB Entry (0-point offset): Immediate breakout entries at the ORB high/low
Pullback Entry 1 (default 5.5 points): Conservative entries waiting for initial retracements
Pullback Entry 2 (default 11.0 points): Deeper retest entries for very conservative approaches
Each entry type displays independently calculated metrics (stop loss distance, contract sizing, take profit levels) that account for the actual entry point's distance from the ORB level. This ensures accurate position sizing and risk/reward ratios regardless of which entry method you use.
Smart Volatility Detection & Alerts
The indicator continuously compares the current day's ORB size against the 10-day historical average. When divergence exceeds a configurable threshold (default 50%), it alerts you to abnormal market conditions:
Compression warnings: When today's ORB is 50%+ smaller than average (potential low-volatility trap)
Expansion warnings: When today's ORB is 50%+ larger than average (potential news event or unusual volatility)
This allows you to adjust expectations and position sizing based on whether current conditions match your backtested historical environment.
Risk Management Safeguards
Min/Max Stop Loss Caps
To prevent extreme stop placements in unusual conditions:
Minimum stop: 35 points (prevents overly tight stops that get hit by noise)
Maximum stop: 75 points (caps risk exposure during extreme volatility events)
Both caps are fully adjustable and can be toggled on/off
Contract Rounding & Risk Display
The indicator automatically rounds to whole contracts and displays real-time risk metrics including:
Suggested stop loss level (adjusted for entry offset + volatility)
Number of contracts (sized to your account risk parameters)
Suggested take profit level (maintains your configured risk/reward ratio)
Dollar risk and potential profit for each entry type
What Makes This Original
This indicator combines several methodological elements that work together as a cohesive risk management system:
Volume confirmation prevents trading every ORB breakout indiscriminately
Adaptive volatility stops ensure your risk scales with current market conditions, not fixed assumptions
Multi-entry framework provides accurate calculations for various entry styles without requiring separate indicators
Outlier detection warns when today's conditions deviate significantly from your backtested norms
Integrated position sizing removes the mental math from determining contracts and risk/reward
Rather than simply plotting ORB levels or using fixed stops, this system adapts to changing volatility while validating breakouts with participation metrics.
How to Use It
Apply to a 5-minute chart of futures instruments (optimized for MNQ/NQ)
Set your account risk parameters in settings (account size, risk per trade %)
Monitor the ORB formation period (8:30-8:45 AM ET) - levels will be drawn
Watch for breakout signals during 8:45-9:30 AM ET with volume confirmation
Choose your entry style from the three displayed options based on your risk tolerance
Use the suggested stops and targets from the real-time risk table
Pay attention to volatility warnings - adjust position sizing if conditions are abnormal
Fully Customizable Settings
All parameters used in the indicator's calculations are user-adjustable, allowing you to adapt the system to your trading style and risk tolerance:
ORB Configuration
ORB formation period start/end times
Entry offset distances (Entry 1 and Entry 2 point values)
Display toggles for each entry type
Volume Analysis
Volume lookback period (default: 12)
Volume multiplier threshold (default: 1.2x)
Toggle volume filtering on/off
Stop Loss Calculation
Historical lookback period (default: 10 days)
Stop loss multiplier (default: 0.5x)
Calculation method: Historical Average, Current Day ORB, or Hybrid
Minimum stop cap (default: 35 points)
Maximum stop cap (default: 75 points)
Toggle min/max caps on/off
Volatility Alerts
Divergence threshold for outlier detection (default: 50%)
Alert display toggles
Risk Management
Account size
Risk percentage per trade
Risk/reward ratio for take profit calculations
Display Options
Table positions and sizes (compact mode)
Color schemes
Show/hide individual components
This flexibility allows you to backtest different parameter combinations and optimize the indicator for current market conditions or your specific trading approach. You are in full control of the calculations - the indicator simply automates the math based on your inputs.
Ideal For
Futures traders (MNQ/NQ) seeking a systematic, rule-based approach to NY session open breakouts with pre-calculated risk parameters that automatically adapt to changing market volatility. Particularly useful for traders who want to eliminate emotional decision-making around stop placement and position sizing.
Important Disclaimers
No Financial Advice
This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, trading advice, or any other sort of advice. You should not treat any of the indicator's content, outputs, or signals as such. The author is not a licensed financial advisor.
Risk Warning
Trading futures and derivatives involves substantial risk of loss and is not suitable for all investors. Past performance of any trading system or methodology is not necessarily indicative of future results. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other relevant circumstances.
No Performance Guarantees
While this indicator is designed to identify high-probability setups based on historical analysis, there is no guarantee of profitable results. Market conditions change, and what worked in backtesting may not work in live trading. Due to the leveraged nature of futures trading, losses can significantly exceed your initial investment.
Use at Your Own Risk
All trading decisions made based on this indicator are your sole responsibility. The author assumes no responsibility for your trading results, losses, or any damages resulting from the use of this indicator. Always use proper risk management and never risk more than you can afford to lose.
Backtesting vs. Live Trading
Results generated from backtesting may not reflect actual trading performance due to factors including but not limited to: slippage, commissions, market liquidity, emotional decision-making, and differences between historical and real-time data.
Not a Guarantee of Accuracy
While efforts have been made to ensure the indicator functions as described, no software is perfect. You are responsible for verifying the indicator's calculations and outputs before making any trading decisions.
KOBK ORB - Dynamic Opening Range Breakout# KOBK ORB - Dynamic Opening Range Breakout
## What is KOBK ORB?
KOBK ORB is a professional-grade **Opening Range Breakout (ORB)** indicator designed for intraday traders. It automatically detects and tracks opening ranges during the first 5, 15, 30, and 60 minutes of the trading session, then signals when price breaks out of these ranges with advanced filtering.
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## Key Features
✅ **Multi-Stage ORB Levels** - Tracks 5, 15, 30, and 60-minute opening ranges simultaneously
✅ **Automatic Breakout Detection** - Identifies when price breaks above/below ORB levels with visual labels
✅ **Retest Identification** - Shows when price returns to test ORB after breaking out (re-entry opportunities)
✅ **Smart Filters** - Volume, Trend, and Higher Timeframe bias filters to reduce false signals
✅ **Position Sizing** - Calculates shares to buy based on your risk management rules (fixed risk $ or % of account)
✅ **Automatic TP/SL Levels** - Displays entry, stop loss, and take profit targets (1R, 1.5R, 2R, 3R options)
✅ **Real-Time Dashboard** - Shows session stats, breakout counts, volatility meter, and trade performance
✅ **Risk/Reward Display** - Calculates R/R ratio for every trade setup
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## How to Use
### 1. **Setup**
- Apply indicator to **5-minute chart** during regular trading hours
- Set your account size and risk per trade in settings
- Enable/disable ORB stages (5, 15, 30, 60 min) based on your strategy
### 2. **Read the ORB Levels**
- Yellow lines = ORB5 (first 5 minutes)
- Green lines = ORB15 (first 15 minutes)
- Blue lines = ORB30 (first 30 minutes)
- Purple lines = ORB60 (first 60 minutes)
- Watch for breakouts above the HIGH or below the LOW
### 3. **Take Breakout Signals**
- **Green UP label** = Price broke above ORB High (long signal)
- **Red DOWN label** = Price broke below ORB Low (short signal)
- Entry price, stop loss, and profit targets appear automatically
- Check dashboard for Volume, Trend, and HTF bias confirmation
### 4. **Trade Management**
- **Entry** = Breakout level (shown as cyan/orange line)
- **Stop Loss** = Red line (calculated by your stop method)
- **Take Profits** = Green lines (1R, 2R, 3R options)
- Lines freeze when last TP hits or SL is touched
### 5. **Monitor Dashboard**
- **Volume Status** = Shows if breakout has volume confirmation
- **Trend Filter** = Shows if price is in bullish/bearish trend
- **HTF Bias** = Shows if higher timeframe supports your trade
- **Daily Stats** = Tracks breakouts, retests, failed breaks today
- **Position Size** = Max shares to buy to stay within your risk
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## Settings Guide
### Essential Settings
- **Enable ORB 5/15/30/60** - Choose which timeframes to track
- **Risk Mode** - Set risk per trade ($ amount or % of account)
- **Account Size** - Your total trading capital
- **Stop Method** - ATR, ORB %, Swing, or Smart Adaptive
### Filters (Optional but Recommended)
- **Volume Filter** - Requires minimum volume for breakout confirmation
- **Trend Filter** - Only takes breakouts aligned with trend
- **Higher Timeframe** - Checks daily trend before taking signals
### Display
- **Show Background** - Fills ORB range with color
- **Show Edge Labels** - Labels at ORB high/low
- **Show TP/SL Lines** - Displays profit targets on chart
- **Show Dashboard** - Real-time trade info panel
---
## Best Practices
🎯 **Best for:** Liquid stocks with >1M daily volume (SPY, QQQ, individual stocks)
⏰ **Best time:** 9:30-11:30 AM EST (first 2 hours when liquidity is highest)
📊 **Recommended:** Use on 5-minute charts for optimal signal quality
⚠️ **Risk Management:** Never risk more than 1-2% of account per trade
💡 **Tip:** Check HTF bias (daily trend) before taking signals - breakouts WITH trend have higher success rate
❌ **Avoid:** Choppy/ranging markets, low-volume stocks, earnings days
---
## Example Trade
**Scenario: LONG Breakout**
1. Market opens 9:30 AM
2. ORB5 is $100-$101 (range = $1)
3. Price breaks above $101 at 9:35 AM → **GREEN UP LABEL** appears
4. Dashboard shows: Entry $101.20, SL $100.50, TP1 $102.20 (+1R), TP2 $103.20 (+2R)
5. Position sizing shows: 150 shares max ($150 risk ÷ $1 stop distance)
6. Watch the green line extend as price rallies
7. Exit at TP1 ($102.20) for +$150 profit, or hold for TP2 (+$300 profit)
8. If SL hits, max loss = $150 (1R)
---
## Important Notes
⚠️ **Educational Use** - This indicator is for learning and strategy development
📈 **Paper Trade First** - Test on paper trading before risking real money
🔔 **Alerts Available** - Set up alerts for breakouts, retests, and failed breaks
💾 **Customize** - All colors, timeframes, and levels are adjustable
---
## Disclaimer
This indicator is for **educational and informational purposes only**. It does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always do your own research and consult with a financial advisor before trading.
Session Breakout, Retest, Reversal + Large Move Alert## **Session Breakout, Retest, Reversal + Large Move Alert**
### Overview
A powerful multi-functional indicator designed for day traders and futures traders to identify session-based breakout opportunities, retest confirmations, and significant price movements across all futures contracts (Gold, E-mini S&P 500, Nasdaq, Crude Oil, and more).
### Key Features
**📊 Pre-Market Session Tracking**
- Automatically calculates pre-market/overnight session highs and lows
- Displays session ranges with customizable colors and styling
- Extends lines through the entire trading session for easy reference
- Supports overnight sessions (e.g., 4 PM – 7:30 AM for Gold futures)
**🚀 Breakout Detection**
- Identifies breakouts above/below pre-market highs and lows
- Uses close-price confirmation to filter false signals from wicks
- Displays "BO ↑" and "BO ↓" labels at breakout points
- Generates instant alerts when breakouts occur
**♻️ Retest Failed Tracking**
- Monitors price retests after breakouts
- Detects when retests fail to reach previous support/resistance
- Labels "RF" (Retest Failed) for high-probability trade setups
- Helps identify reversal opportunities
**📈 First 5-Minute Analysis**
- Captures first 5 minutes of market open (customizable timeframe)
- Tracks first 5-minute highs and lows separately
- Essential for mean-reversion and breakout confirmation strategies
- Blue lines extend through the trading session for easy tracking
**⚡ Large Move Alerts**
- Detects significant price movements based on point thresholds
- Individual thresholds for 5+ different symbols:
- GC (Gold): 15 points
- ES (E-mini S&P 500): 15 points
- NQ (E-mini Nasdaq): 50 points
- CL (Crude Oil): 1.5 points
- Custom: Fully adjustable
- Auto-detects symbol from chart ticker
- Labels show exact point movement and candle direction
### Customization Options
**Symbol Configuration**
- **Auto-Mode**: Automatically detects trading symbol from chart ticker
- **Manual-Mode**: Select specific symbol (GC, ES, NQ, CL, or Custom)
**Session Settings**
- Fully customizable pre-market session time (24-hour format)
- Adjustable market open time for first 5-minute window
- Market close hour and minute configuration
- Support for any timezone
**Point Move Thresholds by Symbol**
- Set independent thresholds for each of your trading symbols
- Quickly adjust settings when switching between different futures
- Includes helpful tooltips for recommended values
**Display & Styling**
- Toggle all visual elements on/off individually
- Customizable colors for all lines and labels:
- Pre-market high/low colors
- Breakout labels (up/down)
- Retest failed labels
- First 5-minute session lines
- Large move indicators
- Text size options: tiny, small, normal, large, huge
### How It Works
1. **Session Tracking**: The indicator identifies your pre-market session and marks the high and low with labeled lines (PH/PL)
2. **Breakout Signal**: Once the market opens, it monitors for close prices above/below the pre-market levels and alerts you with "BO ↑" or "BO ↓"
3. **Retest Confirmation**: After a breakout, it tracks retests and labels "RF" when the retest fails to reach the opposite extreme, confirming trade direction
4. **Large Move Detection**: Simultaneously monitors for significant point moves that exceed your symbol-specific thresholds
5. **Alert Triggers**: Get real-time alerts for:
- Breakout Up/Down
- Any Breakout
- Large Move events
### Alert Conditions
The indicator includes four alert conditions:
- **Breakout Up Alert**: Price closes above pre-market high
- **Breakout Down Alert**: Price closes below pre-market low
- **Any Breakout Alert**: Either breakout condition triggers
- **Large Move Alert**: Point movement exceeds threshold for current symbol
### Ideal For
- ✅ Day traders (breakout/retest strategies)
- ✅ Futures traders (Gold, Oil, Stock Index Contracts)
- ✅ Intraday scalpers (first 5-minute analysis)
- ✅ Swing traders (session-based levels)
- ✅ Multi-symbol traders (independent thresholds per symbol)
### Disclaimer
This indicator is designed for educational and informational purposes. Past performance does not guarantee future results. Always use proper risk management and position sizing. Test thoroughly on historical data before trading live.
Daily Pivot Breakout Strategy IndicatorTagline:
A pivot-based breakout system that identifies confirmed daily breakouts with momentum and volume filters, with precise entry timing across all timeframes.
How It Works:
This indicator detects strict pivot high breakouts on daily data, filtered by Rate of Change (ROC ≥30%) and Relative Volume (RVOL >1). It displays both the breakout confirmation signal and the next-day entry signal directly on your chart, regardless of timeframe.
Visual Signals:
Orange Pivot Line: The most recent confirmed pivot high (within 250-day lookback)
Day-0 Label (Teal): Appears on the breakout confirmation day (when price closes above daily pivot with filters met)
Entry Banner (Green): Appears on the next trading day at market open - your actual entry point
Cross-Timeframe Consistency:
Daily Chart: View the big picture - Day-0 on breakout bar, Entry on next bar
Any Timeframe: Logic remains consistent to daily pivots and data, signals adapt to show at the correct time
Built-in Alert Conditions:
5PivotBreakout_Scan (Day-0): Fires when breakout is confirmed. Use this for after-hours scanning to build watchlists of confirmed breakouts
5PivotBreakout_Strategy (Next): Fires at market open the next day. Use this to automate entries on confirmed breakouts
Typical Workflow:
Set up Day-0 alerts on your watchlist to catch breakouts as they happen
Review confirmed breakouts each evening
Set up Entry alerts on selected tickers to automate next-day execution (fires at market open)
Optional: Convert to strategy() for backtesting with custom exits (20% trail is good)
Key Features:
Strict pivot detection: No ties allowed - center must be highest point
Momentum filter: 100-day ROC ensures trending strength
Volume confirmation: 20-day RVOL validates participation
No repainting: Uses lookahead_off for realistic, tradeable signals
Customizable Inputs:
Pivot strength parameters (left/right bars)
Pivot lookback period
ROC period and minimum threshold
RVOL period
Toggle visibility of pivot line and labels
Note: This indicator is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Always test thoroughly before live trading.
DP Major Session Gap BreakoutMajor Session Gap Breakout.
Set a range, and determine targets related to breakouts.
Smart Inside Bar Zones by Dinkan🔹 How It Works
An Inside Bar is formed when a candle’s high and low are completely within the previous candle’s range.
The indicator detects this structure in real time, creates a visual box around it, and extends the zone until the pattern is broken.
Inside Bar candles can be optionally highlighted with a custom color to make them stand out clearly on the chart.
🔹 Features
✅ Automatic Inside Bar detection
✅ Dynamic Inside Bar zone boxes with custom fill & border color
✅ Inside candle body highlighting with user-defined color
✅ Adjustable transparency and border style
✅ Option to display only the latest Inside Bar zone for cleaner charts
🔹 Usage
Traders can use Inside Bar zones to:
Study price compression and breakout regions
Observe range behavior and trend continuation setups
Combine with other tools like volume or support/resistance analysis
🔹 Customization
Change box fill and border color
Adjust Inside Candle color for better visibility
Set transparency and choose whether to show all or only the latest box
⚠️ Disclaimer
This script is intended for market structure visualization and educational purposes only.
It does not generate trading signals or financial advice.
Always perform your own analysis and risk management before making trading decisions.
Pivot Breakout with Trend ZonesOverview
Pivot Breakout with Trend Zones is a technical analysis indicator that identifies key pivot points and trend direction through dynamic candle coloring. It helps traders visualize breakouts and ongoing trends in real-time.
Key Features
🔍 Pivot Point Detection
Automatically identifies significant high and low pivot points
Customizable left/right bar parameters for sensitivity adjustment
Displays pivot levels as cross-style lines with offset positioning
🎨 Smart Candle Coloring
White candles: Breakout above pivot high (bullish signal)
Black candles: Breakout below pivot low (bearish signal)
Teal candles: Uptrend continuation
Coral Red candles: Downtrend continuation
Optional color fill toggle for customization
📊 Trend Identification
Automatically tracks trend direction after breakouts
Maintains trend state until opposite breakout occurs
Clear visual distinction between breakout and trend-following phases
Input Parameters
Pivot Settings
Left Bars (High/Low): Number of bars to the left of pivot
Right Bars (High/Low): Number of bars to the right of pivot
Display Options
Enable Candle Color Fill: Toggle color visualization on/off
Line Offset: Adjust pivot line positioning (-50 to 0 bars)
How It Works
Pivot Calculation: Uses TradingView's built-in pivothigh() and pivotlow() functions to detect significant turning points
Breakout Detection: Monitors when price closes beyond pivot levels, triggering trend changes
Trend Management: Once a breakout occurs, the indicator maintains the trend direction until a counter-breakout signals reversal
Visual Feedback: Provides immediate color-coded feedback for quick market analysis
Use Cases
Swing Trading: Identify entry points at pivot breakouts
Trend Following: Stay in trades during trend continuation phases
Market Structure: Visualize support/resistance levels and trend changes
Risk Management: Use pivot levels for stop-loss placement
Ideal For
Traders looking for clear visual trend identification
Technical analysts monitoring breakout opportunities
Anyone seeking to combine pivot analysis with trend following strategies
This indicator provides a clean, intuitive way to spot trend changes and follow market momentum with immediate visual feedback through candle coloring.
Tight Entry Trend Engine Strategy═══════════════════════════════════════
TIGHT ENTRY TREND ENGINE
═══════════════════════════════════════
A breakout-based trend-following system designed to capture explosive
moves by entering at precise resistance/support breakouts with minimal
entry risk and massive profit potential.
⚠️ LOW WIN RATE, HIGH REWARD SYSTEM ⚠️
This is NOT a high win-rate strategy. Expect 25-35% winners, but
when it hits, winners are typically 10X+ larger than losers.
═══════════════════════════════════════
🎯 WHAT THIS SYSTEM DOES
═══════════════════════════════════════
The Tight Entry Trend Engine identifies powerful breakout opportunities
by detecting when price breaks through established trendlines with
confirmation from higher timeframe trends:
1. DYNAMIC TRENDLINE DETECTION (3 BANKS)
• Automatically draws support and resistance trendlines
• 3 separate "banks" capture short-term, medium-term, and long-term levels
• Each bank has configurable parameters (required pivot touch count,
angle limits, lengths)
2. BREAKOUT ENTRY TIMING
• Enters LONG when price breaks ABOVE resistance trendlines
• Enters SHORT when price breaks BELOW support trendlines
• Entry Alert occurs at the exact moment of breakout = "tight entry"
• Stop-loss placed just below/above the broken trendline (configurable)
3. HIGHER TIMEFRAME TREND FILTER
• Uses Hull Moving Average (HMA) on higher timeframe for trend following
• Auto-adjusts HTF based on your chart timeframe
• Optional filters prevent entries against major trend
• Optional "overextension" filter avoids buying parabolic moves
4. VOLATILITY-ADAPTIVE RISK MANAGEMENT
• Stop-loss calculated using Average True Range (ATR)
• Tighter stops = better R:R
• Profit targets adjust dynamically with volatility
• Breakeven stop moves automatically when in profit
• Extended profit targets when far from HTF trend
═══════════════════════════════════════
📊 HOW IT WORKS (METHODOLOGY)
═══════════════════════════════════════
STEP 1: TRENDLINE FORMATION
The system continuously scans for pivot highs and pivot lows to
construct trendlines. You control:
BANK 1 (Short-Term):
- Pivot Length: How many bars to look back for swing points
- Min Touches: How many pivots needed to form a line (default: 3)
- Max Length: How far back lines can reach (default: 180 bars)
- Angle Limits: Maximum steepness allowed for valid trendlines
- Tolerance: How close pivots must align to form horizontal lines
BANK 2 (Medium-Term):
- Slightly longer pivot periods for more significant levels
- Captures medium-term trend structure
- Default Max Length: 200 bars
BANK 3 (Long-Term):
- Focuses on major support/resistance zones
- Often uses horizontal levels (angled lines disabled by default)
- Default Max Length: 300 bars
The system draws RESISTANCE lines (red) above price and SUPPORT
lines (green) below price. These adapt in real-time as new pivots form.
STEP 2: BREAKOUT DETECTION
LONG SIGNALS:
- Price closes above a resistance trendline
- Higher timeframe trend is up (optional filter)
- Price not overextended from HTF trend (optional filter)
- No position currently open
SHORT SIGNALS:
- Price closes below a support trendline
- Higher timeframe trend is down (optional filter)
- Price not overextended from HTF trend (optional filter)
- No position currently open
The "tight" aspect: Because you're entering right at the trendline
break, your stop-loss can be placed very close (just below the
broken resistance for longs), creating exceptional risk/reward ratios.
STEP 3: POSITION SIZING
Choose between:
- Fixed $ Risk Per Trade: Risk same dollar amount every trade
- % Risk Per Trade: Risk percentage of current equity
Position size automatically calculated based on:
- Your risk amount
- Distance to stop-loss (ATR-based)
- Works with stocks, futures, crypto (auto-adjusts for contract multipliers)
STEP 4: EXIT MANAGEMENT
Multiple exit methods working together:
- PROFIT TARGET: Exits when profit reaches 100x your risk
- EXTENDED PROFIT: Earlier exit (80R) when very far from HTF trend
- STOP LOSS: Fixed ATR-based stop below entry
- HTF TREND EXIT: Exits when price crosses below HTF trend with profit
- BREAKEVEN PULLBACK: Exits if profit drops below 0.6R after reaching breakeven
- PARTIAL PROFITS: Optional - take partial profits at specified R-multiple
═══════════════════════════════════════
🔧 KEY COMPONENTS EXPLAINED
═══════════════════════════════════════
HULL MOVING AVERAGE (HMA)
A smoothed moving average that reduces lag compared to traditional
MAs. The system uses HMA on a higher timeframe to determine the
dominant trend direction. You can choose:
- Auto HTF: System picks appropriate HTF based on your chart timeframe
- Manual HTF: You specify the higher timeframe
AVERAGE TRUE RANGE (ATR)
Measures current market volatility. Used for:
- Stop-loss distance (tighter when volatility low)
- Profit targets (larger when volatility high)
- Position sizing (smaller positions in volatile conditions)
- Breakeven trigger distance
TRENDLINE ANGLE FILTERING
Each trendline bank has angle limits to ensure quality:
- Resistance lines: Max downward/upward slope allowed
- Support lines: Max downward/upward slope allowed
- Angles automatically adjust based on current volatility
- Prevents overly steep/unreliable trendlines
SENSITIVITY CONTROL
One master slider adjusts multiple parameters:
- Trendline detection sensitivity
- HTF MA length
- Exit timing
- Auto-adjusts for daily+ timeframes (60% increase)
═══════════════════════════════════════
⚙️ WHAT YOU SEE ON YOUR CHART
═══════════════════════════════════════
TRENDLINES:
✓ Red resistance lines above price
✓ Green support lines below price
✓ Orange broken lines (past breakouts)
✓ Lines extend to show current levels
HTF TREND:
✓ Thick colored line showing higher timeframe trend
✓ Color gradient: Red (bearish) → Orange → Yellow → Green (bullish)
✓ 250-bar smoothed curve for visual clarity
ENTRY/EXIT SIGNALS:
✓ Small green dot below bar = Long entry
✓ Small red dot above bar = Short entry
✓ Small red dot above = Long exit
✓ Small black dot below = Short exit
OPTIONAL DETAILED LABELS:
✓ Bank number that triggered entry (Bank 1, 2, or 3)
✓ Exit reason (Profit Target, Stop Loss, HTF Exit, etc.)
✓ Partial profit notifications
POSITION TRACKING:
✓ Yellow dashed line at entry price (extends right)
✓ Green/red fill showing current profit/loss zone
✓ Lime arrows at top = Currently in long position
✓ Red arrows at bottom = Currently in short position
✓ Gray background = No position (flat)
STATS TABLE (Top Right):
✓ Current position (LONG/SHORT/FLAT)
✓ Risk per trade ($ or %)
✓ Entry price
✓ Unrealized P/L in dollars
✓ P/L in R-multiples (how many R's profit/loss)
✓ Average winner/loser R ($ mode) OR CAGR (% mode)
═══════════════════════════════════════
📈 OPTIMAL USAGE
═══════════════════════════════════════
BEST ASSETS:
- NASDAQ:QQQ on 1-hour (reg) chart ⭐ (PRIMARY OPTIMIZATION)
- Strong trending stocks: NVDA, AAPL, TSLA, MSFT, GOOGL, AMZN
- High volatility tech stocks
- Crypto: BTC, ETH
- Any liquid asset with clear trends and momentum (GOLD)
AVOID:
- Low volatility stocks
- Ranging/choppy markets
- Penny stocks or illiquid assets
- Assets without clear directional movement
BEST TIMEFRAMES:
- PRIMARY: 1-hour charts (optimal for QQQ)
- ALSO EXCELLENT: 2H, 4H, 8H
- WORKS: 15min, 30min (only momentum leaders, more noise)
- WORKS WITH ADJUSTMENTS: 1D, 2D (decrease trendline pivot lengths)
═══════════════════════════════════════
📊 BACKTEST RESULTS (QQQ 1H (Reg hours), 1999-2024)
═══════════════════════════════════════
The system showed on NASDAQ:QQQ 1-hour timeframe (regular hours):
- Total Return: 1,100,000%+ over 24 years
- Total Trades: 500+
- Win Rate: ~20-24% (LOW - this is by design!)
- Average Winner: 8-15% gain
- Average Loser: 2-4% loss
- Win/Loss Ratio: 10:1 (winners much bigger than losers)
- Profit Factor: 3+
- Max Drawdown: 45-50%
- Risk per trade: 3% of capital
KEY INSIGHT: This is a LOW WIN RATE, HIGH REWARD system. You will
lose more trades than you win, but the few winners are so large
they more than compensate for many small losses.
IMPORTANT: These are backtested results using optimal parameters
on historical data. Real trading results will vary based on:
- Your execution and timing
- Slippage and commissions
- Your emotional discipline
- Market conditions during your trading period
═══════════════════════════════════════
🎓 WHO IS THIS FOR?
═══════════════════════════════════════
IDEAL FOR:
✓ Swing traders comfortable holding winners for longer period
✓ Part-time traders (1H = check 2-3x per day)
✓ Traders seeking exceptional risk/reward ratios
✓ Those comfortable with low win rates if winners are huge
✓ Technical analysis enthusiasts
✓ Breakout traders
✓ Trend followers
═══════════════════════════════════════
🚀 GETTING STARTED - STEP BY STEP
═══════════════════════════════════════
STEP 1: APPLY TO YOUR CHART
- Search "Tight Entry Trend Engine" in indicators
- Click to apply to your chart
- Trendlines and HTF line will appear immediately
STEP 2: CHOOSE YOUR SETTINGS
For BEGINNERS - Use These Settings First:
1. Trade Direction & Filters:
• ENABLE LONGS: ✓ ON
• ENABLE SHORTS: ✗ OFF (start with longs only)
• Sensitivity: 1.0 (default)
• HTF Trend Entry Filter: ✓ ON (safer entries)
• Block Entries When Overextended: ✓ ON (avoid parabolic tops)
2. Position Sizing & Risk:
• Position Sizing: "Per Risk"
• RISK Type: "$ Per Trade"
• Risk Amount: $200 (or 1-3% of your account)
3. Visual Settings:
• Show Support Lines: ✗ OFF (unless trading shorts)
• Show Detailed Entry/Exit Labels: ✓ ON
• Show Stats Table: ✓ ON
• Show Entry Line & P/L Fill: ✓ ON
4. Leave everything else at DEFAULT for now
STEP 3: UNDERSTAND WHAT YOU SEE
When trendlines appear:
- RED lines above = Resistance (watch for price breaking UP through these)
- GREEN lines below = Support (watch for price breaking DOWN)
- When price breaks a red line = Potential LONG entry
- When price breaks a green line = Potential SHORT entry
The HTF trend line (thick colored):
- Green/lime = Strong uptrend (favorable for longs)
- Red = Strong downtrend (favorable for shorts if enabled)
- Orange/yellow = Transitioning
STEP 4: OBSERVE SIGNALS
- Small GREEN dot below bar = System entered LONG
- Small RED dot above bar = System exited LONG
- Check the label to see which "Bank" triggered (Bank 1, 2, or 3)
- Watch the yellow entry line and colored fill show your P/L
STEP 5: PAPER TRADE FIRST
- Use TradingView's paper trading feature
- Watch how signals perform on YOUR chosen asset
- Understand the win rate will be LOW (20-35%)
- Verify that winners are indeed much larger than losers
- Test for at least 20-30 signals before going live
STEP 6: OPTIMIZE FOR YOUR ASSET (OPTIONAL)
If default settings aren't working well:
For FASTER signals (more trades):
- Reduce Pivot Length 1 to 3-4
- Reduce Max Length 1 to 120-150
- Increase Sensitivity to 1.2-1.5
For SLOWER signals (higher quality):
- Increase Pivot Length 1 to 7-10
- Increase Max Length 1 to 250+
- Decrease Sensitivity to 0.7-0.9
For DAILY timeframes:
- Increase all Pivot Lengths by 30-50%
- Increase all Max Lengths significantly
- Sensitivity: 0.6-0.8
═══════════════════════════════════════
⚙️ ADVANCED SETTINGS EXPLAINED
═══════════════════════════════════════
TRENDLINE BANK SETTINGS:
Each bank (1, 2, 3) has these parameters:
- Min Touches: Minimum pivots to form a line
- Lower (2) = More lines, earlier detection
- Higher (4+) = Fewer lines, higher quality
- Pivot Length: Lookback for swing points
- Lower (3-5) = Reacts to recent price action
- Higher (10+) = Only major swing points
- Max Length: How old a trendline can be
- Shorter (100-150) = Only recent lines
- Longer (300+) = Include historical levels
- Tolerance: Alignment strictness for horizontal lines
- Lower (3.0-3.5) = Very strict horizontal
- Higher (4.5+) = More forgiving alignment
- Allow Angled Lines: Enable diagonal trendlines
- ON = Catches sloped support/resistance
- OFF = Only horizontal levels
- Angle Limits: Maximum steepness allowed
- Lower (1-2) = Only gentle slopes
- Higher (4-6) = Accept steeper angles
- Automatically adjusts for volatility
ATR MULTIPLIERS:
- STOP LOSS ATR (0.6): Distance to stop-loss
- Lower (0.4-0.5) = Tighter stops, stopped out more
- Higher (0.8-1.0) = Wider stops, more room
- PROFIT TARGET ATR (100): Main profit target
- This is 100x your risk = 10,000% R:R
- Lower (50-80) = Take profits sooner
- Higher (120+) = Let winners run longer
- BREAKEVEN ATR (40): When to move stop to breakeven
- Lower (20-30) = Protect profits earlier
- Higher (60+) = Give more room before protecting
HIGHER TIMEFRAME:
- Auto HTF: Automatically selects appropriate HTF
- 5min chart → uses 2H
- 15-30min → uses 6H
- 1-4H → uses 2D
- Daily → uses 4D
- HTF MA Length (300): HMA period for trend
- Lower (150-250) = More responsive
- Higher (400-500) = Smoother, less whipsaw
- HTF Trend Following Exit: Exits when crossing HTF
- ON = Additional exit method
- OFF = Rely only on profit targets/stops
- HTF Trend Entry Filter: Only trade with HTF trend
- ON = Safer, fewer signals
- OFF = More aggressive, more signals
- Block Entries When Overextended: Prevents chasing
- ON = Avoids parabolic tops/bottoms
- OFF = Enter all breakouts regardless
═══════════════════════════════════════
💡 TRADING PHILOSOPHY & EXPECTATIONS
═══════════════════════════════════════
This system is built on one core principle:
"ACCEPT SMALL, FREQUENT LOSSES TO CAPTURE RARE, MASSIVE WINS"
What this means:
- You WILL lose 65%-75% of your trades
- Most losses will be small (1-2R)
- Some winners hit 80R+
- Over time, math works in your favour
Cycle-Synced Channel Breakout📌 Cycle-Synced Channel Breakout – Detect Breakouts Confirmed by Candles and Momentum Cycles
📖 Overview
The Cycle-Synced Channel Breakout indicator is a precision breakout detection tool that combines the power of:
• Adaptive Keltner Channels
• Dominant Cycle Period Analysis (Ehlers-inspired)
• Candlestick Pattern Recognition (Engulfing)
This multi-layered approach helps identify true breakout opportunities by filtering out noise and false signals, making it ideal for swing traders and intraday traders seeking high-probability directional moves.
⚙️ How It Works
1. Keltner Channel Envelope
A dynamic volatility channel based on the EMA and ATR defines the upper and lower bounds of price movement.
2. Engulfing Candle Detection
The script detects strong bullish and bearish engulfing patterns, which often signal trend reversals or momentum continuations.
3. Dominant Cycle Momentum (Ehlers-inspired)
Using a smoothed power oscillator derived from a detrended price series, the indicator assesses whether momentum is accelerating during the breakout — filtering out weak moves.
4. Signal Confirmation Logic
A signal is only shown when:
• An engulfing pattern is detected, and
• Price breaks out of the Keltner Channel, and
• Momentum (cycle power) is rising
5. Visual Feedback
• Breakout signals are plotted with “BUY” or “SELL” labels
• Faded green/red background highlights confirmed breakouts
• Optional display of engulfing candles with triangle markers
⸻
🛠️ Key Features
• ✅ Adaptive Keltner Channels
• ✅ Bullish/Bearish Engulfing Candle Recognition
• ✅ Ehlers-style Cycle Momentum Confirmation
• ✅ Background highlights for confirmed breakouts
• ✅ Optional candle pattern visualization
• ✅ Lightweight and Pine v6 compatible
⸻
🧪 Inputs
• Keltner Length – EMA period for channel basis
• Multiplier – Multiplied with ATR to determine band width
• Cycle Lookback – Used to calculate smoothed cycle power
• Show Engulfing Candles? – Toggles candlestick signals
• Show Breakout Signals? – Toggles breakout labels and backgrounds
⸻
🧠 How to Use
• Look for “BUY” or “SELL” labels when:
• An engulfing candle breaks through the Keltner Channel
• Cycle momentum confirms strength behind the move
• The background color will faintly highlight the breakout direction.
• Use in combination with other trend or volume indicators for added confluence.
🔒 Notes
• This indicator is not repainting.
• It is designed for educational and research purposes only.
• Works across all timeframes and asset classes (stocks, crypto, forex, etc.)
ORB + Session VWAP Pro (London & NY) — fixedORB + Session VWAP Pro (London & NY) — Listing copy (EN)
What it is
A clean, non-repainting intraday tool that fuses the classic Opening Range Breakout (ORB) with a session-anchored VWAP filter for London and New York. It highlights only the higher-quality breakouts (above/below session VWAP), adds an optional retest confirmation, and scores each signal with an intuitive Confidence metric (0–100).
Why it works
• ORB provides the day’s first actionable structure (range high/low).
• Session VWAP filters “cheap” breaks and favors flows aligned with session value.
• Optional retest reduces first-tick whipsaws.
• Confidence blends breakout depth (vs ATR), VWAP slope and band distance.
Key visuals
• LDN/NY OR High/Low (line break style) + optional OR boxes.
• Active Session VWAP (resets per signal window; falls back to daily VWAP outside).
• Optional VWAP bands (stdev or %).
• Session shading (London/NY windows).
• Signal markers (LDN BUY/SELL, NY BUY/SELL) fired with cooldown.
Signals
• London Long / Short: Break of LDN OR High/Low ± ATR buffer, aligned with VWAP side.
• NY Long / Short: Same logic during NY window.
• Retest (optional): Requires a tag back to the OR level ± tolerance before confirmation.
• Confidence: 0–100; gate via Min Confidence (default 55).
Inputs that matter
• Open Range Length (min): Default 15.
• London/NY times & timezones.
• ATR buffer & retest tolerance.
• Bands mode: Stdev (with lookback) or % (e.g., 1%).
• Signal cooldown: Avoids clutter on fast moves.
Non-repaint policy
• OR lines build within fixed time windows using the current bar’s timestamp.
• VWAP is cumulative within the session window; no lookahead.
• All ta.crossover/ta.crossunder are precomputed every bar (no conditional execution).
• Signals are based on live bar values, not future bars.
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Quick start (examples)
1) EURUSD, London momentum
• Chart: 5m or 15m.
• OR: 15 min starting 08:00 Europe/London.
• Signals: Use defaults; keep ATR buffer = 0.2 and Retest = ON, Min Confidence ≥ 55.
• Play:
• BUY when price breaks LDN OR High + buffer and stays above VWAP; retest confirms.
• Trail behind VWAP or band #1; partials into band #2.
2) NAS100, New York breakout & run
• Chart: 5m.
• NY window: 09:30 America/New_York, OR = 15 min.
• Retest OFF on high momentum days; Min Confidence ≥ 60.
• Use band mode Stdev, bandLen=50, show ±1/±2.
• Momentum continuation: add on pullbacks that hold above VWAP after the breakout.
3) XAUUSD, London fake & VWAP fade
• Chart: 5m.
• Keep Retest ON; accept only shorts that break OR Low but retest fails back under VWAP.
• Confidence gate ≥ 50 to allow more mean-reversion setups.
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Pro tips
• Adjust ATR buffer to the instrument: FX 0.15–0.25, indices 0.20–0.35, metals 0.20–0.30.
• Retest ON for choppy conditions; OFF for news momentum.
• Use VWAP bands: take partials at ±1; stretch targets at ±2/±3.
• Session timezones are explicit (London/New York). Ensure they match your instrument’s behavior.
• Pair with a higher-TF bias (e.g., 1H/4H trend) for directional filtering.
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Alerts (ready to use)
• ORB+SVWAP — LDN Long, LDN Short, NY Long, NY Short
(Respect your cooldown; alerts fire only after confirmation and confidence gate.)
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Known limits & notes
• Designed for intraday. On 1D+ charts, session windows compress.
• If your broker session differs from London/NY clocks on a holiday, adjust input times.
• Session-anchored VWAP uses the script’s signal window, not exchange sessions, by design.
Stacey Burke Signal Day LTE“Previously published as ‘Day Zero Fakeout Detector MTF’”
Stacey Burke Signal Day LTE
Automatic detection of Day Zero, Inside Days, and Outside Days for Stacey Burke’s intraday playbook
🔎 Stacey Burke’s Signal Days
This indicator highlights the key daily patterns that often lead to high-probability intraday setups in Stacey Burke’s methodology:
1️⃣ Day Zero
The reset days within a 3-day cycle (e.g. breakout → continuation → exhaustion/reversal).
Can mark the beginning of a new directional phase.
Trades back inside the prior range after a Peak Formation High (PFH) or Peak Formation Low (PFL).
Bias: Look for measured parabolic session moves. When combined with trend following indicators, these signal days can be very powerful.
2️⃣ Inside Day
A day where the entire range is contained within the prior day’s range.
Signals consolidation and energy build-up.
Often leads to explosive breakouts in the next session.
Bias: Trade breakouts of the inside day’s high/low or breakout reversal in the session at key timings in the direction of higher timeframe bias. When combined with trend following indicators, these signal days can be very powerful.
3️⃣ Outside Day (Engulfing Day)
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A day where the range is larger than the prior day’s range, engulfing both high and low.
Marks trapped traders and fakeouts on both sides.
Often precedes strong continuations or sharp reversals from outside of the ranges.
Bias: Align trades with the true continuation move. When combined with trend following indicators, these signal days can be very powerful.
📌 How They Work Together
Day Zero → Signals the new cycle after PFH/PFL.
Inside Day → Signals compression → expect breakout setups.
Outside Day → Signals exhaustion/fakeouts → expect reversals or continuations.
Together, they give traders a clear daily roadmap for where liquidity sits and when to expect the highest-probability setups.
✅ Example in Practice
Market rallies for 3 days → PFH forms → Day Zero short bias.
Next day prints an Inside Day → watch for breakout continuation short, and breakout reversals.
Later, an Outside Day traps both longs and shorts → the following session offers a clean intraday reversal or continuation trade in line with the underlying MTF trend/bias.
⚙️ Features of This Indicator
Automatic detection of Day Zero, Inside Days, and Outside Days
Multi-Timeframe (MTF) support for cycle alignment
Visual markers for PFH/PFL and consolidation zones
Measured move projections for breakout targets
👉 Stacey Burke Signal Day LTE gives traders just a few of the most important signal days — Day Zero, Inside Day, and Outside Day — to structure their intraday trades around fake outs, breakouts, and reversals within the daily cycles of the week. (This is work in progress: Next up, FRD/FGD's, 3-day cycle detecting, 3DLs, 3DSs).
Peak Reversal v3# Peak Reversal v3
## Summary
Peak Reversal v3 adds new configurability, clearer visuals, and a faster trader workflow. The release introduces a new Squeeze Detector , expanded Keltner Channels , and streamlined Momentum signals , with no repaints and improved performance. The menus have been reorganized and simplified. Color swatches have been added for better customization. All other colors will be derived from these swatches.
## Highlights
New Squeeze Detector to mark low-volatility periods and prepare for breakouts.
New: Bands are now fully configurable with independent MA length, ATR length, and multipliers.
Five moving average bases for bands: EMA (from v2), SMA, RMA, VMA, HMA.
Simplified color system: three swatches drive candles, on-chart marks, and band fill.
Reorganized menu with focused sections and tooltips for each parameter making the entire trader experience more intuitive.
No repaints and faster performance across calculations.
## Overview
Configuration : Pick from three color swatches and apply them to candles, plotted characters, and band fill for consistent chart context. Use the reorganized menu to reach Keltner settings, momentum signals, and squeeze detection without extra clicks; tooltips clarify each input.
Bands and averages: Choose the band basis from EMA, SMA, RMA, VMA, or HMA to match your strategy. Configure two bands independently by setting MA length, ATR length, and band multipliers for the inner and outer envelopes.
Signals : Select the band responsible for momentum signals. Choose wick or close as the price source for entries and exits. Control the window for extreme momentum with “Max Momentum Bars,” a setting now exposed in v3 for direct tuning.
Squeeze detection : The Squeeze Detector normalizes band width and uses percentile ranking to highlight volatility compression. When the market falls below a user-defined threshold, the indicator colors the region with a gradient to signal potential expansion.
## Details about major features and changes
### New
Squeeze Detector to highlight low-volatility conditions.
Five MA bases for bands: EMA, SMA, RMA, VMA, HMA.
“Max Momentum Bars” to cap the bars used for extreme momentum.
### Keltner channel improvements
Refactored Keltner settings for flexible inner and outer band control.
MA type selection added; band calculations updated for consistency.
Removed the third Keltner band to reduce noise and simplify setup.
### Display and signals
Gradient fills for band breakouts, mean deviations, and squeeze periods.
“Show Mean EMA?” set to true and default “Signal Band” set to “Inner.”
Clearer tooltips and input descriptions.
### Reliability and performance
No more repaints. The indicator waits for confirmation before drawing occurs.
Faster execution through targeted refactors.
All algorithms have been reviewed and now use a consistent logic, naming, and structure.
Advanced Range Analyzer ProAdvanced Range Analyzer Pro – Adaptive Range Detection & Breakout Forecasting
Overview
Advanced Range Analyzer Pro is a comprehensive trading tool designed to help traders identify consolidations, evaluate their strength, and forecast potential breakout direction. By combining volatility-adjusted thresholds, volume distribution analysis, and historical breakout behavior, the indicator builds an adaptive framework for navigating sideways price action. Instead of treating ranges as noise, this system transforms them into opportunities for mean reversion or breakout trading.
How It Works
The indicator continuously scans price action to identify active range environments. Ranges are defined by volatility compression, repeated boundary interactions, and clustering of volume near equilibrium. Once detected, the indicator assigns a strength score (0–100), which quantifies how well-defined and compressed the consolidation is.
Breakout probabilities are then calculated by factoring in:
Relative time spent near the upper vs. lower range boundaries
Historical breakout tendencies for similar structures
Volume distribution inside the range
Momentum alignment using auxiliary filters (RSI/MACD)
This creates a live probability forecast that updates as price evolves. The tool also supports range memory, allowing traders to analyze the last completed range after a breakout has occurred. A dynamic strength meter is displayed directly above each consolidation range, providing real-time insight into range compression and breakout potential.
Signals and Breakouts
Advanced Range Analyzer Pro includes a structured set of visual tools to highlight actionable conditions:
Range Zones – Gradient-filled boxes highlight active consolidations.
Strength Meter – A live score displayed in the dashboard quantifies compression.
Breakout Labels – Probability percentages show bias toward bullish or bearish continuation.
Breakout Highlights – When a breakout occurs, the range is marked with directional confirmation.
Dashboard Table – Displays current status, strength, live/last range mode, and probabilities.
These elements update in real time, ensuring that traders always see the current state of consolidation and breakout risk.
Interpretation
Range Strength : High scores (70–100) indicate strong consolidations likely to resolve explosively, while low scores suggest weak or choppy ranges prone to false signals.
Breakout Probability : Directional bias greater than 60% suggests meaningful breakout pressure. Equal probabilities indicate balanced compression, favoring mean-reversion strategies.
Market Context : Ranges aligned with higher timeframe trends often resolve in the dominant direction, while counter-trend ranges may lead to reversals or liquidity sweeps.
Volatility Insight : Tight ranges with low ATR imply imminent expansion; wide ranges signal extended consolidation or distribution phases.
Strategy Integration
Advanced Range Analyzer Pro can be applied across multiple trading styles:
Breakout Trading : Enter on probability shifts above 60% with confirmation of volume or momentum.
Mean Reversion : Trade inside ranges with high strength scores by fading boundaries and targeting equilibrium.
Trend Continuation : Focus on ranges that form mid-trend, anticipating continuation after consolidation.
Liquidity Sweeps : Use failed breakouts at boundaries to capture reversals.
Multi-Timeframe : Apply on higher timeframes to frame market context, then execute on lower timeframes.
Advanced Techniques
Combine with volume profiles to identify areas of institutional positioning within ranges.
Track sequences of strong consolidations for trend development or exhaustion signals.
Use breakout probability shifts in conjunction with order flow or momentum indicators to refine entries.
Monitor expanding/contracting range widths to anticipate volatility cycles.
Custom parameters allow fine-tuning sensitivity for different assets (crypto, forex, equities) and trading styles (scalping, intraday, swing).
Inputs and Customization
Range Detection Sensitivity : Controls how strictly ranges are defined.
Strength Score Settings : Adjust weighting of compression, volume, and breakout memory.
Probability Forecasting : Enable/disable directional bias and thresholds.
Gradient & Fill Options : Customize range visualization colors and opacity.
Dashboard Display : Toggle live vs last range, info table size, and position.
Breakout Highlighting : Choose border/zone emphasis on breakout events.
Why Use Advanced Range Analyzer Pro
This indicator provides a data-driven approach to trading consolidation phases, one of the most common yet underutilized market states. By quantifying range strength, mapping probability forecasts, and visually presenting risk zones, it transforms uncertainty into clarity.
Whether you’re trading breakouts, fading ranges, or mapping higher timeframe context, Advanced Range Analyzer Pro delivers a structured, adaptive framework that integrates seamlessly into multiple strategies.
PCCE + False Breakout DetectorPCCE + False Breakout Detector
Type: Invite‑Only Indicator (closed source)
Purpose: Identify volatility compression (“coil”) and the first expansion after it, while filtering failed breakouts (bull/bear traps).
What it does — in plain language
This tool unifies two complementary behaviours that often appear back‑to‑back around strong moves:
1. Price Coil Compression & Expansion (PCCE) – finds compact ranges created by shrinking candle bodies, wick dominance, and contracting range relative to recent history. When price expands out of that coil with strength, it prints a Burst↑ / Burst↓ label.
2. False Breakout Detection – monitors recent swing extremes. If price closes beyond a prior high/low but re‑enters that range within a short window, it marks a trap (❌ red for failed bullish breakout, ❌ green for failed bearish breakout).
Why combine them?
PCCE tells you where the next move is likely brewing; the trap filter validates whether the breakout is genuine or failing. Used together they turn raw breakouts into structured, risk‑aware opportunities.
How it works — concepts behind the calculations
1) Detecting “Coil” (compression)
• Body contraction: Count of consecutive bars where |close-open| is decreasing within a sliding window.
• Wick dominance: Average (upper wick + lower wick) / body must exceed a threshold → indecision/liquidity probing.
• Relative range: Current high‑low over the window must be smaller than the average of prior windows (tight market).
• Coil zone: When the above conditions align, the most recent high/low envelope defines the coil’s bounds.
2) Confirming “Burst” (expansion)
A breakout through the coil high/low is only labelled when:
• Body thrust: current body > moving‑average body × multiplier (large real body).
• Relative volume: volume > moving‑average volume × multiplier (participation filter).
• Trend alignment (optional): close vs EMA to avoid counter‑trend bursts.
• Cooldown: minimum bars between signals to reduce clustering.
Result: Burst↑ if closing beyond coil high with thrust; Burst↓ if closing beyond coil low with thrust.
3) Flagging failed breakouts (traps)
• Track recent swing high/low from a lookback excluding the current bar.
• If a bar closes beyond that swing but within N bars price closes back inside the swing range → flag a trap:
• Bull trap: ❌ red above bar (break above failed)
• Bear trap: ❌ green below bar (break below failed)
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What you see on the chart
• Coil zone: a shaded box (tight range envelope).
• Burst labels: Burst↑ (triangle up) and Burst↓ (triangle down) at confirmed expansion bars.
• Trap markers: ❌ red (failed bullish breakout), ❌ green (failed bearish breakout).
• Alerts: “Burst Up”, “Burst Down” (fires on bar close only).
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How to use it
1. Preparation : When a coil box forms, mark the zone and wait.
2. Trigger : A Burst label confirms the first expansion with thrust/volume; treat it as an entry cue only within your own plan.
3. Validation : If a ❌ trap appears shortly after a break, treat it as caution/exit info; the breakout is failing.
4. Context : Best on 15m–4H. Combine with higher‑timeframe bias, nearby S/R, and risk controls.
5. Parameters to tune :
• Coil window, wick‑to‑body threshold, and range tightness
• Body/volume multipliers
• EMA trend filter on/off
• Trap lookback and confirmation bars
• Cooldown bars
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Originality & usefulness
• Behaviour‑first compression scoring: Coil detection blends monotonic body shrink, wick dominance, and relative range contraction—not generic bands or a single oscillator.
• Two‑stage discipline: A burst is not just any break; it requires body thrust + relative volume (+ optional trend) to reduce noise.
• Immediate invalidation layer: The trap filter is evaluated right after the burst context, turning breakouts into risk‑aware signals rather than blind entries.
• Operator controls: Cooldown + multipliers let traders adapt the strictness to instrument/session behaviour.
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Repainting & limitations
• Signals are evaluated on bar close; no lookahead, no request.security() with lookahead_on.
• Coil boxes while forming can update until confirmed; Burst/Trap labels do not repaint after their bar closes.
• News spikes and illiquid hours can still create noise; adjust multipliers and cooldown for your market.
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Disclaimer
This indicator is an educational decision‑support tool, not financial advice. Markets are uncertain; past behaviour does not guarantee future results. Use with your own analysis and risk management.
