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New Mindset BreakOut

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Sideway is my way!! Stoploss First bro
This indicator is designed specifically for sideways or ranging market conditions. It combines the power of Bollinger Bands, momentum analysis, and EMA filters to identify high-probability reversal or breakout zones.

Bollinger Bands are used to detect volatility contractions and price extremes.

Momentum logic helps confirm whether price action is truly reversing or just retracing.

EMA filters ensure trades are aligned with the dominant short-term trend when appropriate.

This blend makes the indicator ideal for:

Detecting reversal setups during consolidation phases

Avoiding false signals in strong trending markets

Helping traders identify low-risk zones with clearly defined structure

You can apply this script across multiple timeframes and combine it with price action for more precise entries.

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.