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Breakout Retest Visualizer (with Confluence)

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Breakout Retest Visualizer (Smart Money Edition)
This indicator is designed for day traders who rely on price action, breakout structure, and smart confluence filters to identify high-quality trade opportunities during the New York session.

🚀 What It Does:
Plots Yesterday's High & Low as static reference levels.

Tracks the New York open price with a horizontal line.

Detects breakouts above Yesterday’s High or breakdowns below Yesterday’s Low.

Confirms valid breakouts only when 4 key confluences align:

✅ EMA 9 & EMA 21 trend alignment

✅ RSI momentum confirmation (RSI > 55 or < 45)

✅ Volume spike (volume > 20-bar average)

✅ Within New York session hours (9:30am – 4:00pm EST)

Marks Breakout Retests and highlights strong continuation signals with “Runner” labels.

📈 Visual Markers:
🟢 Green "Runner" = Bullish continuation after retest

🔻 Purple Triangle = Bullish breakout retest zone

🔴 Red "Runner" = Bearish continuation

🔺 Yellow Triangle = Bearish breakdown retest

🎯 Who It’s For:
Ideal for intraday scalpers and momentum traders who want:

Clean breakout structure

Smart money-style retests

High-confidence entries backed by volume, trend, and RSI confluence

🧠 Tips for Use:
Use the retest markers to plan precise entries after structure breaks.

Combine this with order blocks or FVG zones for deeper confluence.

Avoid trading during pre-market or low-volume hours.

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.