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Price Action [SnR+BreakOut / FalseBreak]

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Core Functionality
Multi-Feature Analysis: Combines pivot points, support/resistance levels, breakout detection, and false break signals

Price Action Classification: Identifies market structure through Higher Highs, Lower Highs, Higher Lows, and Lower Lows

Key Features
1. Price Action Pivot Analysis
Pivot Detection Settings:

Customizable Lengths: Separate left/right lengths for high and low pivots (default: 13/26)

Pivot Classification:

Higher High (HH): Green triangle down - indicates bullish momentum

Lower High (LH): Red triangle down - indicates weakening uptrend

Higher Low (HL): Green triangle up - indicates strong pullback

Lower Low (LL): Red triangle up - indicates bearish momentum

Visual Options:

Toggle individual pivot types on/off

Show price labels with customizable sizes

Display pivot levels as lines or fractal chaos channels

Show average pivot line (high + low / 2)

2. False Break Detection
Advanced Breakout Validation:

False Break Signals: Detects when breakouts fail and price reverses

Validation Period: Configurable bars (1-10) to monitor break sustainability

Engulfing Condition: Requires reversal candle to engulf the breakout candle

Visual Alerts: "FalseB!!" labels in red (for failed breakouts) or green (for failed breakdowns)

False Break Logic:

Tracks recent breakouts/breakdowns

Monitors price action after the break

Flags when price re-enters the original range with strong reversal

3. Support & Resistance Levels
Swing-Based S/R:

Swing Period: Configurable lookback period (default: 26 bars)

Multiple Levels: Displays 3 most recent support and resistance levels

Customizable Appearance:

Line styles (solid, dashed, dotted)

Extend options (left, right, both, none)

Separate colors for support/resistance lines and labels

S/R Calculation:

Uses pivot highs/lows to identify significant levels

Maintains historical S/R levels as price moves

Automatically updates as new pivots form

4. Breakout Detection
Fractal Breakout Signals:

Breakout Arrows: Up/down arrows when price breaks pivot levels

Real-time Detection: Flags breaks as they occur

Clear Visuals: Green "⬆️" for breakouts, red "⬇️" for breakdowns

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.