Oculus Breaker Block Pro

Oculus Breaker Block Pro
Version 1.0 | Pine Script v6

Overview
Oculus Breaker Block Pro automatically identifies key swing pivots and plots a single “breaker” zone when price decisively breaks above a swing high (bullish) or below a swing low (bearish). The block extends forward and provides a clear visual of where price may retest or react.

Key Features

Swing Pivot Detection: Finds swing highs and lows over a user-defined bar span.

Bullish & Bearish Blocks: Optionally show only bullish zones, only bearish zones, or both.

Dynamic Block Drawing: Deletes the previous box and draws a new one upon each valid breakout.

Custom Colors & Transparency: Adjust block fill color and opacity for both bullish and bearish zones.

Automatic Cleanup: Blocks self-delete after a configurable number of bars to keep the chart uncluttered.

How to Use

Apply to Chart: Add the script on any timeframe; it runs in overlay mode.

Set Inputs:

Swing Length: Number of bars on each side to define pivot.

Bars Before Cleanup: How many bars to wait before removing an old block.

Show Bullish / Bearish Block: Toggle visibility.

Bull / Bear Block Color: Choose fill color and opacity.

Interpret Zones:

A bullish block marks where price broke above a recent swing high—watch for retests into this zone to trigger long entries.

A bearish block marks where price broke below a recent swing low—watch for retests into this zone to trigger short entries.

Inputs

Swing Length: 5 (bars each side)

Bars Before Cleanup: 50

Show Bullish Block: On

Show Bearish Block: On

Bull Block Color: Green (50% opacity)

Bear Block Color: Red (50% opacity)

Version History

1.0 – Initial release with core breaker-block logic, color customization, and automated cleanup.

Disclaimer
This indicator is for educational purposes. Always backtest and combine with proper risk management before trading live.