ZigZag Plus [xdecow]A ZigZag Like based on candle close.
A lot of options that can be hide in options.
Triangle/bright - reversal confirmation candle
Circle/dark - higher/lower candle breakout
Square/light - Insidebar
Search in scripts for "breakout"
~RMCF~ BORC [with 17 page Annotated PDF with Example Charts]BORC, or Breakout Reversal Confirmation, is a signal based TV Indicator that analyzes multi-period price movements to determine when to enter in oversold and overbought tradeable assets. It works in any time frame and any type of security.
Green triangle means buy
Red Triangle means to get ready for the buy signal
$60 for lifetime access + complimentary PDF with example chart setups
DM @reaganmcf_ on twitter for more information and access
Opening Range Breakout - ORBThe opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading.
During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price action after the bell rings.
Since the opening bell is associated with big trading volumes and volatility, this time of the session provides many trading opportunities. In this manner, traders use the opening range to set entry points on the chart and to forecast the price action for the day.
Rounded Bottom Breakout Strategy Moving Averages20-day SMA , 34-day EMA , 50-day SMA and 200-day SMA moving average indicator based on Rick Saddler's Rounded Bottom Reversal Breakout Strategy
~RMCF~ 5 Bollinger Bands with EMA/Breakout options5 Configurable Bollinger Bands and custom breakout and reversal confirmation indicators. All settings are able to be edited and tuned to your liking. Default standard deviations for the bands are .5,1,2,2.5,3 and breakout/reversal confirmation standard deviation move pair is 2.9,2.1
Flagging BandsIntroduction
A pun between the word flag and the adjective flagging (less dynamic) , this indicator have two bands who react faster when in contact to the price. Imagine you are under sheets, if you abruptly rise, the sheets will instantaneously go up, then if you abruptly get down, the sheets will fall slowly until being in contact with a surface, this is because of a type of friction called drag or air resistance , this force is described in fluid dynamics and i inspired myself from that for the creation of the indicator.
The indicator
The indicator is made of two bands, one upper band and one lower band, then a weighted average of each bands, this average is weighted depending on which band the price is closer. The length control the period of the indicator, in general higher lengths will create wider bands, you must consider that this parameter behave differently than other ones and may create slower results in comparison with other bands indicators while having the same length period.
The indicator can use a simple breakout methodology (see trailing stop part) but can sometime provide support and resistance points, in fact i believe that when the average variability/volatility of band A is higher than the average variability/volatility of band B and that the price cross band B then price will reverse its direction, this claim is not justified, research is needed.
Trailing Stop Mod
It is possible to make the indicator act as a trailing stop, in order to do so just tick the trailing stop mod box.
The average/bands will automatically disappear being replaced by the trailing stop.
Conclusion
I was just playing around when making the skeleton of the indicator, i hope the code is easy to understand, if you need some kind of explanation just pm me, i'm always open to help people/receive suggestions.
Best Regards
Wyckoff Trend Tracking Breakout ReversalWyckoff Trend Tracking Breakout Reversal该指标为您提示市场多空双方的突破与反转。
Ichimoku A/D Breakoutthis is basically a clone of the super a/d indicator but we're using a standard ichimoku as the source for the trend instead of the supertrend indicator
Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸
General Description
💰This indicator is given FREE to all our premium indicator subscribers.
🔊Volume Finder is an indicator designed to provide additional insights, and actionable information from the vanilla volume indicator you are all used to.
ℹ More information is never a bad thing! This indicator gives you several tools in one package. The aim is to give volume some additional depth and utility.
🕞The indicator works on any timeframe and any market that has basic volume data (stocks, forex, crypto).
📜 Features
🎚 First off the volume bars are split into positive volume and negative volume. This allows you to more easily visualize the amount of a "green" candle that was actually SELLS, and vice versa - the amount of a "red" candle that were actually BUYS.
🌈It will auto gradient the volume levels based on historical volume range for whatever instrument you are looking at. Yellow bars are deviated outside the lower range (many times this will precede a breakout / breakdown).
🚫If you do not wish to set the auto gradient, you can manually set the levels you would like via settings, or turn it off.
🚦 Next is the Volume Delta. This is the line that is oscillating above and below zero. This shows you the net positive or negative volume. In other words, it shows you the total positive or negative volume.
➕➖ Third are options for EMA plots of the total positive volume and total negative volume. This should be pretty self explanatory.
📩 Lastly is a system that generates alerts when volume breaks out past a certain user defined level. You can plot these alerts as one or both of the following: colored bars on the price chart, or alert bubbles within the indicator pane.
💭Please leave me any ideas or feedback you have!
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
DBT Squeeze Breakout ScannerThe DBT Squeeze Scanner helps you keep an eye on 10 instruments at the same time. It uses a modified version of the DBT Squeeze strategy and scans this strategy against 10 instruments at the same time.
The scanner looks for areas of low volatility signified by a Bollinger Band squeeze and a light blue coloring on the scanner. Once it is squeezing it looks for potential breakout or breakdown opportunities
The scanner has warning signals for both long and short (sell for non margin exchanges) signals, these warning signals are shown as follows:
Light Blue = Bollinger Band Squeeze
Purple = Get ready for a Breakout
Pink = Squeeze has let go and a Breakout is Incoming
Orange = Get ready for a Breakdown
Yellow = Squeeze has let go and a Breakdown is Incoming
All of these signals have their own TradingView alerts. Alerts can be set for anyone of the 10 chosen instruments. Over 10 different kinds of alerts can be setup all at the same time.
This indicator is designed specifically for trending markets, and can be used in many different markets including: Equities, Futures, Commodities, Forex, and Cryptocurrencies. it will give significantly different signals in ranging markets. This indicator is also designed to be 100% preference, PLEASE make sure to choose which 10 instruments you want to watch, the defaults are just some of the major Cryptocurrencies.
Use at your own risk. This is not financial advise and this indicator is not guaranteed to make you profits. Please message me if you have any questions or feedback. Enjoy.
MADE BY GYROMATICAL
Supertrend A/D BreakoutModified Hoffman A/D:
1. uses standard supertrend to determine up/down direction (previous version used ema crossover)
2. uses improved A/D candlestick patterns
I'm optimistic about this one
QTi65 FORMULAFind low risk entry points with this momentum Indicator formula.
Swing Trading using momentum and breakout idea.
Alerts for Dragon-Bot beta breakout scriptThis is a work in progress for Alerts for a breakout script
Musashi-Breakout-Trader
This is an indicator that shows trade breakout levels (Shown by Blue Lines). It will assist as a filter when entering trades, thereby improving trading performance.
LEGAL STUFF:
Risk Disclosure
Futures , forex, stock, crypto and derivative trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results
Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results
TrendBand GuideTrendBand Guide - simple way to analyse current chart trend.
Basic of usage:
1. TrendBand Color
Red : Chart in bullish condition
Green : Chart in bearish condition
Purple Line : Current trend direction
Red Line : Long term trend direction
2. Candle Color
Green Lime : Breakout 20 days high with more than average volume.
Red : Oversold condition base on RSI (14) days - below 35.
Note :
All color can be change from format menu.
When TrendBand in RED, find any breakout or pullback setup.
When TrendBand in Green, it show weakness in trend..find any potential rebound setup.
High Low ChannelBasic high and low channels, allows for two high and two low channels of specified lengths.
Use for channel breakout trades, basic idea is to go long when the longer high channel is broken and close when shorter low channel is broken, vice versa for shorts
Feel free to leave me a tip if you like this script: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
Fractal ChannelJust another way of visualizing Williams' Fractals: they are now joined in a channel.
You can also create a channel of Fractals from another time frame than the current.
Great for identifying breakout entries or to trail your Stop Losses.
Volume Pivot BreakoutVolume breaks its MA. Price touches or goes below pivot then closes above it. Buy on purple and blue.