Get started

Search in scripts for "breakout"

Cyatophilum Pivot Consolidation & Breakouts [ALERTSETUP]Intraday Strategy built on Pivot Points Standard and Pivot Range. The idea is to wait for a consolidation period AND a breakout. This really strong condition allows to set a 1/1 Risk/Reward ratio. Starting from there we secure the profits with a Trailing Stop loss and/or Take Profit system integrated in the script. This is the Alert version and you can see the backtest results below. Default settings work great on the 15m chart. You can change the timeframe of the pivot points as well as the consolidation band in the settings. The SL/TP system is also configurable. This script includes a DCA feature. To get the indicator, please use the link below, thanks!
Pine Script® indicator
by cyatophilum
9
Renko Chart Alerts with PivotsAdd alerts to renko charts to be notified when: new brick brick up brick down direction change direction change up direction change down Also shows pivots based on brick reversals. Alerts also available for: pivot breakout pivot high breakout pivot low breakout You can hide the plots for pivot high/low and breakouts in the style tab of the settings for the indicator. To add the alerts: add the indicator to your renko chart click add alert click the condition dropdown and choose Renko Alerts you should see all the alerts there and you can add any one or more to your chart
Pine Script® indicator
by ragamufin
21
Trend Follower With Help of Donchian Channels - TFWHDCThis is a simple Day Trade indicator, but can be used for swing and long term trades. It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows. The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout occurs the current and the next bars are colored red (default). This way this indicator can show if its an uptrend or a downtrend. I hope this indicator will be useful for many traders! Thank you!
Pine Script® indicator
by rasantos
3
Peso Pros Asia BreakoutThis indicator helps you trade the USDMXN during the Asia-NY session. Daily profit targets (TP#1 and TP#2) are printed for you automatically as good targets that have not been hit yet. The top box is green so you know to buy the breakout of this box. The bottom box is red so you know to sell the breakout. Good stop loss levels would be either A) right below/above the green/red box depending on breakout direction or B) on the other side of the boxes. So if entering a buy, place stop below the red box and vice versa. This would be for more swing trading style of trading. Most cases TP#1 is hit and sometimes TP#2. If the distance between the boxes is tighter, TP#1 is the ideal target. If the distance is bigger than TP#2 is the ideal target. It is a good idea to use a trailing stop or set to breakeven to ride it out. Occasionally there are fakeouts. There is no magic bullet strategy. This indicator should be used in conjunction with price action and other trading techniques. This indicator works best on the 15m chart and 5m chart for entries. You can modify some settings (do so at your own discretion) Another good strategy to implement with this indicator is to have two pending orders set on the opposite side of each box with a tighter stop (such as in the middle between each box). In some scenarios the stop(s) will be hit and other times you may have a fakeout that activates both trades but only goes to one TP and the other trade ends up a loser. This happens sometimes if you simply set and forget your trades with this indicator rather than doing proper price action analysis. When you use this indicator as a tool to help determine the breakout direction along with the TP levels then some magic can happen and the overall win rate is quite impressive along with a decent risk to reward ratio.
Pine Script® indicator
by ShawnGervais
FIRST 5-MINUTES ZONE AND HI-LO BRKOUTS..!FIRST 5-MINUTES ZONE -------------------------------- This script displays the first 5-Minutes high and low range zone and shades in gray color for identification of the zone. HIGH - LOW BREAKOUT ---------------------------- As we all know that a stock's best breakout level is its previous day's high or low. Hence I designed the script to automatically draw a line when the LTP is near or crossing Previous day's high or Low price, so that we can be sure in taking trading decisions. And added 30-EMA also PR.HIGH BREAKOUT ------------------------ PR.LOW BREAKOUT ------------------------ - hope this may be a little help for you traders for taking decisions. - HAPPY WEALTHY TRADING cheers SANJAY RAMANATHAN
Pine Script® indicator
by sanjay_ramanathan
25
Adaptive Trend Mapper-ATM (Arjo)Adaptive Trend Mapper (ATM) is a multi-factor trend, momentum, and compression-analysis tool designed to help traders visually map the strength and direction of market pressure. Instead of simply combining existing indicators, ATM creates a new composite framework that blends momentum imbalance, directional strength, volatility contraction, and adaptive smoothing into a single, unified model. Originality and usefulness Adaptive Trend Mapper (ATM) does not replicate any one indicator. It generates two custom indices— Bull Pressure Index and Bear Pressure Index —derived from a mathematical combination of RSI, inverse-RSI, and ADX. These indices behave differently from traditional oscillators: They represent directional pressure on a 0–100 scale , not momentum. They are designed to converge/diverge, forming a basis for the built-in Squeeze Detection Engine. They can be optionally step-compressed , making the movement easier to read on fast or small charts. The script also integrates a custom SuperSmoother trend model (not TradingView’s built-in function), which acts as an adaptive trend curve on the chart. All calculations are combined intentionally—not as a mashup—to create a framework that allows traders to understand trend strength, compression phases, and micro-trend shifts in one place. How the Indicator Works 1. Bull & Bear Pressure Indices: These indices measure directional imbalance: Bull Index = ADX strength weighted against inverse-RSI Bear Index = ADX strength weighted against normal RSI This produces two opposing pressure curves that rise or fall depending on whether buyers or sellers dominate. You can optionally smooth these using: SMA / EMA / WMA / RMA via the “Smoothing Settings” panel. 2. Squeeze & Compression Detection: A squeeze is detected when: ADX stays below a user-defined threshold Bull–Bear Index difference shrinks Average difference is falling (convergence) This is a volatility-contraction model inspired by squeeze logic but applied to directional pressure, not Bollinger Bands/Keltner Channels . 3. Adaptive Trend Curve (SuperSmoother Engine) The indicator applies a two-pole SuperSmoother filter to the price, then smooths it again using EMA. The slope color flips between bullish and bearish and is displayed using: A thin SuperSmoother curve A thicker band for visual context 4. EMA-50 Trend Context: An optional EMA-50 helps identify broad directional bias . 5. Step-Based Scaling You can quantize the Bull/Bear indices using custom step intervals. This makes the indicator easier to read on noisy intraday charts. How to Use the Indicator 1. Trend Analysis A rising Bull Index shows strengthening upward pressure A rising Bear Index shows strengthening downward pressure Wide divergence between the indices signals a strong trend 2. Compression / Squeeze Analysis Yellow background = volatility compression + pressure convergence Breakouts from this zone often precede directional expansion 3. Trendline Reading SuperSmoother line color flip = micro trend shift EMA-50 slope gives macro-trend direction Perfect for combining trend and momentum maps on the same chart 4. Visual Interpretation Cyan/teal → strong bullish pressure Purple/red/orange → various levels of bearish control Neutral/teal background → weak ADX Yellow background → squeeze zone Open-Source Notes This script uses: TradingView built-in RSI, ADX/DMI, and smoothing functions A SuperSmoother implementation based on known DSP filter coefficients All remaining logic, signal methods, composite indices, and compression model are original developments by ARJO . The script is published open-source to comply with TradingView’s reuse policy. Disclaimer This tool is for educational and analytical purposes only. It does not generate buy or sell signals. Always use proper risk management. Happy Trading (ARJO)
Pine Script® indicator
by ARJO_2019
Minervini breakout - AndurilThis indicator checks the Mark Minerivini trend template as well checks consolidation areas and breakout. Checks the highest closing price of last x days (default 20 days), exluding current day and draws a white dashed line, Calculates the relative volume of the current day. Calculates EMA 21, EMA50 and EMA200 and draws on the graph to define trend. Gives a buy signal in green (writing relative strength of that day inside of green arrow) if: 1)       Current price> breakout price* 0.98 2)       Current price > EMA21 >EMA50>EMA200 3)       Current price > 52 week high*0.75 4)       Current price > 52 week low*1.3 5)       EMA 200 of today > EMA 200 of 10 bar ago > EMA 200 of 20 bar ago 6)       Relative volume of the day > 1.5
Pine Script® indicator
by ozgenaltintas
Zero Lag Liquidity [AlgoAlpha]🟠 OVERVIEW This script plots liquidity zones with zero lag using lower-timeframe wick profiles and high-volume wicks to mark key price reactions. It’s called Zero Lag Liquidity because it captures significant liquidity imbalances in real time by processing lower-TF price-volume distributions directly inside the wick of abnormal candles. The tool builds a volume histogram inside long upper/lower wicks, then calculates a local Point of Control (POC) to mark the price where most volume occurred. These levels act as visual liquidity zones, which can trigger labels, break signals, and trend detection depending on price interaction. 🟠 CONCEPTS The core concept relies on identifying high-volume candles with unusually long wicks—often a sign of opposing liquidity. When a large upper or lower wick appears with a strong volume spike, the script builds a histogram of lower-timeframe closes and volumes inside that wick. It bins the wick into segments, sums volume per bin, and finds the POC. This POC becomes the liquidity level. The script then dynamically tracks whether price breaks above or rejects off these levels, adjusts the active trend regime accordingly, and highlights bars to help users spot continuation or reversal behavior. The logic avoids repainting or subjective interpretation by using fixed thresholds and lower-TF price action. 🟠 FEATURES Dynamic liquidity levels rendered at POC of significant wicks, colored by bullish/bearish direction. Break detection that removes levels once price decisively crosses them twice in the same direction. Rejection detection that plots ▲/▼ markers when price bounces off levels intrabar. Volume labels for each level, shown either as raw volume or percentage of total level volume. Candle coloring based on trend direction (break-dominant). 🟠 USAGE Use this indicator to track where liquidity has most likely entered the market via abnormal wick events. When a long wick forms with high volume, the script looks inside it (using your chosen lower timeframe) and marks the most traded price within it. These levels can serve as expected reversal or breakout zones. Rejections are marked with small arrows, while breaks trigger trend shifts and remove the level. You can toggle trend coloring to see directional bias after a breakout. Use the wick multiplier to control how selective the detector is (higher = stricter). Alerts and label modes help customize the signal for different asset types and chart styles.
Pine Script® indicator
by AlgoAlpha
12
Leola Lens Footprint📌 Leola Lens Footprint — Market Memory Overlay (Invite-Only) This invite-only script is built to visualize market memory by identifying historically reactive zones — where price previously encountered resistance, support, or decision-making friction. Unlike predictive models or indicator-driven systems, Footprint focuses only on price behavior that has already occurred, using confirmed reaction clusters to highlight likely areas of future influence. ________________________________________ 🔍 What It Does • Detects zones where price has reacted multiple times, showing clear rejection, breakout, or consolidation behavior • Plots these levels only after market confirmation — no projections or lagging indicators • Designed for clean structural reading across all timeframes and asset classes (crypto, stocks, forex, commodities) ________________________________________ 🟡 Visual Elements • 🟣 Purple Zones → High-impact memory zones with consistent historical rejection • 🟤 Brown Zones → Fresh rejection clusters (recent demand/supply zones) • 🟡 Yellow Line → Psychological pivot zone/Key decision points formed from repeated reactions. • 🩷 Pink Lines → Pullback or reversal zones (support/resistance traps) • Adaptive zone shading and slope-based logic enhances readability ________________________________________ 📊 Best Suited For: • Price-action traders who focus on confirmed historical behavior, not speculative levels • Scalpers and swing traders looking to trade retests and rejection entries • Discretionary traders wanting a stable visual map of structure without noise ________________________________________ 🔧 Originality & Logic This script uses original rule-based logic to cluster and validate levels only after real-world confirmation. It does not use RSI, MACD, MAs, volume, or any traditional indicator input. Instead, it tracks zone memory based on how price respects or invalidates key levels over time — making it adaptive to both trending and ranging environments. There is no repainting or forward projection — all levels appear only after market structure confirms relevance. ________________________________________ ⚠️ Disclaimer This tool is for educational and informational purposes only. It does not constitute trading advice or a financial recommendation. Always validate visual overlays with your own risk framework and backtesting before live use. ________________________________________
Pine Script® indicator
by LEOLALENS-OFFICIAL
Adaptive Squeeze Momentum +Adaptive Squeeze Momentum+ (Auto-Timeframe Version) Overview Adaptive Squeeze Momentum+ is an enhanced volatility and momentum indicator designed to identify compression and expansion phases in price action. It is inspired by the classic Squeeze Momentum Indicator by LazyBear but introduces automatic parameter adaptation to any timeframe, making it simpler to use across different markets without manual configuration. Concepts and Methodology The script combines Bollinger Bands (BB) and Keltner Channels (KC) to detect periods when volatility contracts (squeeze) or expands (release). A squeeze occurs when BB are inside KC, suggesting low volatility and potential breakout scenarios. A squeeze release is detected when BB expand outside KC. Momentum is derived using a linear regression applied to the difference between price and a midrange reference level. Original Improvements Compared to the original Squeeze Momentum Indicator, this version offers several enhancements: Automatic Adaptation: BB and KC lengths and multipliers are dynamically adjusted based on the chart’s timeframe (from 1 minute up to 1 month), removing the need for manual tuning. Simplified Visualization: A clean, minimalist histogram and clear squeeze state cross markers allow for faster interpretation. Flexible Application: Designed to work consistently on intraday, daily, and higher timeframes across crypto, forex, stocks, and indices. Features Dynamic Squeeze Detection: Gray Cross: Neutral (no squeeze detected) Blue Cross: Active squeeze Yellow Cross: Squeeze released Momentum Histogram: Positive/negative momentum shown with slope-based coloring. Timeframe-Aware Parameters: Automatically sets optimal BB/KC configurations. Usage Watch for blue crosses indicating an active squeeze phase that may precede a directional move. Use the histogram color and slope to gauge momentum strength and direction. Combine squeeze release signals with momentum confirmation for potential entries or exits. Credits and Licensing This script was inspired by LazyBear’s OLD “Squeeze Momentum Indicator” (). The implementation here significantly expands upon the original by introducing auto-adaptive parameters, restructured logic, and a new visualization approach. Published under the Mozilla Public License 2.0. Disclaimer This indicator is for educational purposes only and does not constitute financial advice. Use at your own risk.
Pine Script® indicator
by Max_GS
Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe. Key Features: • 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout). • Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start. • BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart. • Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high. • SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line. • Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more. • Clean & Lightweight — Optimized for intraday use without cluttering the chart. How to Use: You can trade this indicator in two ways: 1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms. 2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT. Example: A BUY signal is generated and an SL line is plotted below. If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness. Important Notes: • Works only on 5-min timeframe — Set your chart to 5-min for correct behavior. • Designed for intraday trading — all signals and SL levels reset at session start. • Does not carry signals between sessions. • SL lines and HIT labels provide a clear and simple visual aid for trade management. ---
Pine Script® indicator
by chaitu50c
55
Protected Pivots Points by RiotwolftradingProtected Pivots Points by Riotwolftrading --- You have an advanced visual tool designed for traders who want to identify and manage key price levels with maximum precision. This script detects protected pivots (significant highs and lows) and marks them with horizontal lines on the chart. These lines automatically extend for a fixed number of bars or until price invalidates the level with a closing break. --- 🚀 What makes this indicator special? --- ✅ Protected pivot detection: The indicator identifies protected highs and lows using a fixed pivot strength ✅ Wick break detection (liquidity sweep visualization): When a wick crosses the pivot level **without the candle closing beyond the level, the indicator automatically changes the line’s color and style. 👉 This immediately shows the trader that the level was tested but remains structurally valid. ✅ Highly customizable visuals: * Choose whether to show color for protected highs, lows, or wick break levels. * Set your own colors, line styles (solid, dashed, dotted), and line widths. --- ### 🌟 Why is wick break detection so valuable? --- 💡 Instant context on price action: No need to manually check every candle to see if a level was barely tested. The indicator changes the line’s appearance automatically, so you can focus on decisions. 💡 Clear distinction between untouched levels and tested levels: * A level with no wick test is pristine support/resistance. * A level tested by a wick but not invalidated is still valid — but may have been swept for liquidity. 💡 Crucial for precision trading strategies: This is particularly important for strategies that rely on: ✅ Liquidity sweeps / stop hunts. ✅ Reversals from tested zones. ✅ Smart Money Concepts (SMC). ✅ ICT concepts, breakers, Quasimodo, BOS/MSS. The wick break visualization helps filter false breakouts and highlights areas where institutional players may have stepped in. 💡 Avoid premature exits or entries:** The color/style change tells you a level was tested but not broken, so you avoid overreacting to wick activity. --- ### ⚡ Example use case** Imagine a protected low line: 🔹 Price dips and its wick touches the level — the line changes color (e.g. violet solid line). 🔹 The level is still valid because the close didn’t break it. 🔹 This could signal a stop hunt or liquidity grab, with a possible reversal opportunity right at that level. --- ### 🧭 **Why most pivot indicators don’t offer this** Most pivot indicators: ❌ Simply mark the level and remove it after a close break. ❌ Don’t distinguish between a wick test and a true break. 🌟 **This indicator does — giving traders an extra layer of market insight.** --- ### ⚠ **Disclaimer** This indicator is a visual aid to help identify key levels and price reactions. It does **not** generate buy or sell signals and should be used alongside your trading analysis and strategy. ---
Pine Script® indicator
by anarkiacapital