Session Breakouts & Trend Indicator# Session Breakouts & Trend Indicator
This indicator identifies high-probability trading opportunities by tracking key intraday sessions and their breakouts while aligning them with the overall market trend direction.
## What Makes This Indicator Unique
Unlike standard breakout indicators that only identify when price crosses a threshold, this indicator:
- Dynamically identifies and tracks important daily sessions (default: AM 09:00-10:00 and PM 15:00-16:00)
- Determines trend direction using a triple EMA system (20/50/200)
- Shows when breakouts align with the overall trend (higher probability setups)
- Provides visual confirmation with session ranges, breakout levels, and background highlighting
- Includes a comprehensive information panel showing trend/session alignment
## How It Works
The indicator tracks two important daily sessions:
1. **AM Session**: Typically the first hour of trading (default: 09:00-10:00)
2. **PM Session**: Typically the last hour of trading (default: 15:00-16:00)
For each session, it:
- Marks the high and low range
- Establishes breakout levels above/below these ranges
- Detects when price breaks beyond these levels
- Determines if the breakout aligns with the prevailing trend
The trend is calculated using three EMAs (20, 50, 200) for reliable trend identification.
## How To Use
1. Apply the indicator to your chart (works best on 5-minute timeframes)
2. Adjust session times to match your trading schedule if needed
3. Watch for breakouts above session highs (bullish) or below session lows (bearish)
4. Check the information panel to see if the breakout aligns with the trend
5. Enter trades in the direction of trend-aligned breakouts for higher probability setups
6. Set stop losses below the opposite side of the session range
## Settings
- **Session Times**: Customize AM and PM session times
- **EMA Lengths**: Adjust trend determination sensitivity
- **Visualization Options**: Toggle display of sessions, breakouts, and VWAP
- **Alert Settings**: Configure alerts for breakouts and trend-aligned conditions
This indicator is valuable for day traders and swing traders looking for objective entry points with higher probability of success.
Komut dosyalarını "breakout" için ara
BIX Candle MarkerBIX Candle Marker (by Bogdan Ilie)
"BIX Candle Marker" is a visual indicator designed to automatically mark the High and Low levels of specific candles at user-defined times and sessions directly on the main chart, facilitating easy intraday analysis.
**How does it work?**
- The indicator automatically fetches the High and Low values from a user-specified timeframe and draws horizontal lines at these levels at precise user-defined session times.
- You can configure up to 4 different sessions per trading day, each with its own customizable color and timing.
- Marked levels are automatically reset at the start of each new trading day.
**Customizable Settings:**
- **Timezone Offset:** Adjust the indicator according to your chart's timezone.
- **Candle Time Frame:** Choose the timeframe from which the candle data will be extracted.
- **Marker Length:** Set the length (number of bars) of the displayed horizontal lines.
- **Line Thickness & Style:** Customize the thickness and style of the lines (solid, dotted, dashed).
- **Sessions (1-4):** Independently configure the hour, minute, and color for each of the four possible sessions.
**Suggested Use:**
- Quickly identify intraday support and resistance levels based on key session candles.
- Ideal for breakout and reversal-based trading strategies.
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**Disclaimer:**
This indicator is intended solely for chart analysis and educational purposes. It does not constitute financial advice. Always use it in conjunction with your personal trading strategy and risk management practices.
Author: Bogdan Ilie
Pine Script Version: v6
License: Mozilla Public License 2.0
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BIX Candle Marker (by Bogdan Ilie)
"BIX Candle Marker" este un indicator vizual care marchează automat nivelurile High și Low ale lumânărilor specifice din sesiuni predefinite pe graficul principal, facilitând analiza punctelor-cheie intraday.
**Cum funcționează?**
- Indicatorul preia automat nivelurile maxime și minime dintr-un timeframe personalizabil și afișează linii orizontale pentru aceste nivele exact la orele și minutele configurate.
- Permite definirea a până la 4 sesiuni diferite într-o zi, fiecare având culori și setări proprii.
- Liniile marcate se resetează automat la începutul fiecărei zile de tranzacționare.
**Setări personalizabile:**
- **Timezone Offset:** ajustează indicatorul în funcție de fusul orar al graficului.
- **Candle Time Frame:** selectează timeframe-ul din care se vor prelua datele.
- **Marker Length:** stabilește lungimea (numărul de bare) liniilor orizontale afișate.
- **Line Thickness & Style:** grosimea și stilul liniilor pot fi personalizate (solid, punctat, întrerupt).
- **Sesiuni (1-4):** ora, minutul și culoarea fiecărei sesiuni pot fi configurate independent.
**Sugestii de utilizare:**
- Folosește indicatorul pentru a identifica rapid zonele de suport și rezistență create de lumânări-cheie pe parcursul zilei.
- Poate fi util pentru strategii bazate pe breakout sau reversal.
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**Disclaimer:**
Acest indicator este destinat exclusiv analizei grafice și nu reprezintă sfaturi financiare. Utilizează-l împreună cu propriile strategii și tehnici de gestionare a riscului.
Autor: Bogdan Ilie
Versiune Pine Script: v6
Licență: Mozilla Public License 2.0
PumpC Opening Range Breakout (ORB) Stretch RangePumpC ORB Stretch
The PumpC ORB Stretch is a volatility-based indicator that helps traders identify potential breakout zones by analyzing how price typically behaves around the open. This tool is inspired by concepts introduced by Toby Crabel in his well-known book “Day Trading with Short-Term Price Patterns and Opening Range Breakout.”
Rather than predicting market direction, this indicator highlights areas where price is likely to expand based on recent volatility. It is designed for traders who prefer dynamic, data-driven breakout levels over static support and resistance zones.
What Is the "Stretch"?
In Toby Crabel’s framework, the Stretch is the average of the smaller of two price moves:
The distance from the open to the high of the bar
The distance from the open to the low of the bar
This smaller value captures the “quiet side” of the candle and reflects recent price compression. Averaged over multiple periods (commonly 10 daily bars), it creates a baseline to assess how far price may move away from the open under typical market conditions.
How the Indicator Works
The PumpC ORB Stretch follows this process:
Uses a higher timeframe (such as daily) to calculate the open, high, and low.
For each bar, measures the smaller of the two distances: open to high or open to low.
Applies a moving average to the result over a user-defined number of bars (default is 10).
Multiplies the average stretch by customizable levels (e.g., 0.382, 1.0, 2.0).
Plots breakout levels above and below the open of the selected timeframe.
The result is a set of adaptive levels that expand or contract with market volatility.
Customization Options
Stretch Timeframe: Choose the timeframe used for stretch calculation (default: Daily).
Stretch Length: Set the number of bars to include in the moving average.
Breakout Levels: Enable or disable individual levels and define multipliers.
Color Settings: Customize colors for each range level for easy visual distinction.
Plot Style: Circular markers are used to reduce chart clutter and improve readability.
How to Use It
Use plotted levels to anticipate possible breakouts from the open.
Adjust stretch length to reflect short-term or longer-term volatility trends.
Combine this tool with momentum indicators, volume, or price action for confirmation.
Use levels to help guide stop placement or profit targets in breakout strategies.
Important Notes
This script is based on an interpretation of Crabel’s concepts and is not affiliated with Crabel Capital or the original author.
The indicator does not predict direction; it is a tool for context and structure.
It is recommended that users test and validate this tool in a simulated environment before applying it to live trading.
This indicator is intended for educational purposes only.
Licensing and Attribution
This script is built entirely in Pine Script v5 and follows TradingView’s open-source standards. It does not include any third-party or proprietary code. If you modify or share it, please credit the original idea and follow all TradingView script publishing rules.
Advanced Support & Resistance [Alpha Extract]🔶 AE - Advanced Support & Resistance
A sophisticated yet user-friendly tool designed to enhance your trading analysis by accurately identifying and plotting key support and resistance levels. Built on a unique pivot-based detection algorithm, this indicator provides clear visual cues in real time, helping traders stay ahead of potential market reversals and breakouts.
🔶 Pivot-Based Detection
Leverages pivot highs and lows along with a configurable threshold to filter out overlapping levels. This method helps the script stand out from simpler support/resistance indicators by focusing on the most significant price zones.
🔶 Multi-Timeframe Analysis
Pulls higher-timeframe data to ensure that critical levels remain visible and properly scaled, regardless of your current chart view. This prevents distortion and offers a more comprehensive perspective of market structure.
🔶 Break Signal Alerts
Generates breakout or breakdown signals whenever the price crosses above or below a detected level—labeled as RB (Resistance Break) or SB (Support Break)—so traders can quickly spot shifts in momentum or trend.
🔶 Customizable Parameters
Fine-tune sensitivity and appearance—adjust pivot bar settings, lookback periods, thresholds, and the maximum number of plotted levels to match your trading style and preferences.
// === USER INPUTS ===
pivotLeft = input.int(15, "Left Pivot Bars", minval=1)
pivotRight = input.int(15, "Right Pivot Bars", minval=1)
lookback = input.int(200, "Lookback Period", minval=50)
threshold = input.float(0.2, "Price Threshold %", minval=0.1, step=0.1)
maxLevels = input.int(10, "Maximum Levels", minval=1)
📊How It Works
🔶 Identifying Pivots
The script scans for pivot highs and lows within a user-defined range of bars (Left Pivot Bars and Right Pivot Bars). Each pivot is evaluated against a proximity threshold, ensuring that similar nearby levels are combined into a single zone rather than cluttering the chart.
// === SUPPORT & RESISTANCE DETECTION ===
ph = ta.pivothigh(high, pivotLeft, pivotRight)
pl = ta.pivotlow(low, pivotLeft, pivotRight)
🔶Automatic Updates & Removal
Levels that remain untested or break too frequently are automatically removed based on the configured lookback period, keeping your chart focused on the most relevant support/resistance zones.
🔶Fixed Scaling
Through the use of higher-timeframe anchoring, the indicator maintains consistent plot lines that won’t distort when you zoom in or out. This approach ensures you always see crucial levels clearly.
🔶Entry and Exit Points
Pinpoint potential entry and exit opportunities based on how price interacts with these zones.
🔶Risk Management
Place stop-loss and take-profit orders around these levels to manage trade risk more effectively.
🔶Trend Confirmation
Observe how price respects or breaks levels to confirm ongoing trends or detect early signs of reversal.
🔶Sensitivity Adjustment
Control pivot bar width (pivotLeft and pivotRight) and the proximity threshold to focus on major or minor price zones.
🔶Visualization Options
Adjust line colors, styles, and thickness to align with your charting preferences.
🔶Maximum Levels
Limit the number of displayed levels to keep your chart clean and free of unnecessary clutter.
SSL Channel MTFSSL Channel with MTF support, This eliminates the noise of a basic SSL Channel script which is based on ErwinBeckers SSL Channel. So i have used a Multi Time Frame approach to have a clear confirmation of trend and reduce Noise and False signals unlike basic SSL Channel.
This script can be used to determine.
Support/Resistance
High/Low Breakout
Trend Direction
MA candles for Entry
The high and low sma are plotted as SSL CHANNEL when ever the high and low sma cross each other a direction change is observed.
The direction of SSL channel determines the trend of the price. The length of the channel can be changed as required a low value has a high noise and direction can be determined with low accuracy. Increasing the length of SSL channel has high accuracy trend confirmation.
The MTF SSL Channel uses plot from higher timeframe this helps in using SSL Channel as a Price Action Tool. Price when ever crosses over or below the channel determines a breakout. Price tries to move between the High SMA line and Low SMA Line of the SSL Channel rejection, breakouts can be easily observed on a lower timeframe using SSL Channel Plot from a higher timeframe.
I have used 5min/15min chart with MTF SSL from a 1Hr/4Hr and a length of 5 instead of 10. This helps quick direction changes over a period of 1hr to 4hr. Price is trapped within the High SMA and Low SMA lines of SSL Channel. In addition to SSL High Low and average mid line is plotted to additional reference.
Buy Sell Signals are plotted based on crossover of SMA High and Low.
Candle are Plotted Using a SMA with length of 5. This Candle Plot can be used to make an entry based on direction confirmation of SSL. keep in mind the direction of SSL Plot and the candle must be same. Preferably Entry can made above or below the midline of SSL Channel. The Candle Plot eliminates the Noise of traditional Japanese Candlesticks.
Additionally MACD Crossover and MACD Trend line confirmations can be used to confirm a Buy Sell and Entry signals
Alerts are also plotted accordingly.
ORB with ATR Trailing SL [Bluechip Algos]This is a simple ORB (Opening Range Breakout) Indicator that not only signals breakout directions based on the opening session range but also includes trailing stop levels to manage ongoing trades. Instead of regular fixed Stop loss, we use ATR indicator (ATR based SL) to trail the stop loss that might help in maximizing the profitable trades. This helps especially during the trending days where market moves unidirectionally.
About the Indicator
Opening Range Identification: The indicator defines an initial session timeframe and captures the highest and lowest prices during this period.
Breakout Signals: It signals potential entry points when the price crosses these range boundaries.
Trailing Stop Calculation: Customizable trailing stop-loss based on ATR percentage, helping users lock in profits.
Features
Session Customization: User-defined session for setting the opening range.
Entry Signal Customization: Allows configuration for breakouts on either a closing basis or upon touching the level.
Automatic Stop-Loss Adjustments: Dynamic trailing stop levels that adapt to both long and short entries.
Visual Display: Highlights breakout levels and plots lines representing stop-loss levels.
Understanding the Indicator
Range Calculation: After defining the session, the high and low of the session are locked. The high serves as the upper breakout boundary, and the low as the lower boundary.
Signals (Buy and Sell): The indicator uses crossover conditions:
Buy Signal ("B") when price crosses above the ORB high.
Sell Signal ("S") when price crosses below the ORB low.
Trail Stop Calculation: When a signal is triggered, a trailing stop level is set and updates as the trade progresses:
Long positions have a stop-loss based on a percentage below the last closing price.
Short positions have a stop-loss based on a percentage above the last closing price.
Input Parameters
Session Time (ORB Session Time): Start and end times for setting the ORB range.
Signal Configuration: Choice between "CLOSE" (signal on close) or "TOUCH" (signal as soon as level is touched).
ATR Percentage: Sets the percentage for the trailing stop calculation.
Low Volatility Range Breaks [BigBeluga]Low Volatility Range Breaks
The Low Volatility Range Breaks indicator is an advanced technical analysis tool designed to identify periods of low volatility and potential breakout opportunities. By visualizing low volatility ranges as ranges and tracking subsequent price movements, this indicator helps traders spot potential high-probability trade setups.
🔵 KEY FEATURES
● Low Volatility Detection
Identifies periods of low volatility based on highest and lowest periods and user-defined sensitivity
Uses a combination of highest/lowest price calculations and ATR for dynamic adaptation
● Volatility Box Visualization
Creates a box to represent the low volatility range
Box height is adjustable based on ATR multiplier
Includes a mid-line for reference within the box
● Breakout Detection
Identifies when price breaks above or below the volatility box
Labels breakouts as "Break Up" or "Break Dn" on the chart
Changes box appearance to indicate a completed breakout
● Probability Tracking
Counts the number of closes above and below the box's mid-line
Displays probability counters for potential upward and downward moves
Resets counters after a confirmed breakout
🔵 HOW TO USE
● Identifying Low Volatility Periods
Watch for the formation of volatility boxes on the chart
These boxes represent periods where price movement has been confined
● Anticipating Breakouts
Monitor price action as it approaches the edges of the volatility box
Use the probability counters to gauge the likely direction of the breakout
● Trading Breakouts
Consider posible entering trades when price breaks above or below the volatility box
Use the breakout labels ("Break Up" or "Break Dn") as a trading opportunity
● Managing Risk
Use the opposite side of the volatility box as a potential invalidation level
Consider the box height for position sizing and risk management
● Trend Analysis
Multiple upward breakouts may indicate a developing uptrend
Multiple downward breakouts may suggest a forming downtrend
Use in conjunction with other trend indicators for confirmation
🔵 CUSTOMIZATION
The Low Volatility Box Breaks indicator offers several customization options:
Adjust the volatility length to change the period for highest/lowest price calculations
Modify the volatility level to fine-tune the sensitivity of low volatility detection
Adjust the box height multiplier to change the size of volatility boxes
By fine-tuning these settings, traders can adapt the indicator to various market conditions and personal trading strategies.
The Low Volatility Range Breaks indicator provides a unique approach to identifying potential breakout opportunities following periods of consolidation. By visually representing low volatility periods and tracking subsequent price movements, it offers traders a powerful tool for spotting high-probability trade setups.
This indicator can be particularly useful for traders focusing on breakout strategies, mean reversion tactics, or those looking to enter trades at the beginning of new trends. The combination of visual cues (boxes and breakout labels) and quantitative data (probability counters) provides a comprehensive view of market dynamics during and after low volatility periods.
As with all technical indicators, it's recommended to use the Low Volatility Range Breaks indicator in conjunction with other forms of analysis and within the context of a well-defined trading strategy. While this indicator can provide valuable insights into potential breakouts, it should be considered alongside other factors such as overall market trends, volume, and fundamental analysis when making trading decisions.
TrendLine ScythesTrendline Scythes is a script designed to automatically detect and draw special curved trendlines, resembling scythes or blades, based on pivotal points in price action. These trendlines adapt to the volatility of the market, providing a unique perspective on trend dynamics.
🔲 Methodology
Traditional trendlines connect consecutive pivot points on a price chart, providing a linear representation of trend direction. However, this script employs a distinctive methodology by automatically detecting price pivots and then calculating special curved trendlines based on the Average True Range (ATR) of the price. This introduces a curvature to the trendlines, resembling scythes, offering a unique way to interpret market trends.
🔲 Auto Breakout and Target Detection
Trendline Scythes includes features for automatic breakout detection, signaling potential trend changes. Additionally, the script assists in target detection, helping traders set realistic and data-driven profit-taking levels based on market volatility and user adjustment.
🔲 Utility
Trend Confirmation - Use Trendline Scythes to confirm existing trends by observing how price interacts with the curved trendlines.
Breakout Signals - Auto-detection of breakouts adds a proactive element to your trading strategy, helping you stay ahead of potential trend reversals.
Target Setting - Utilize the script to set profit-taking targets based on volatility, aligning with the current market conditions.
🔲 Settings
Pivot Length - Swing detection length
Scythe Length - Adjusts the length of the scythes blade
Sensitivity - Controls how restrained the target calculation is, higher values will result in tighter targets.
🔲 Alerts
Breakout
Breakdown
Target Reached
Target Invalidated
As well as the option to trigger 'any alert' call.
Trendline Scythes is a versatile tool combining the benefits of traditional trendlines with the dynamic adaptability of curved lines for a unique approach to trend analysis.
Volume-Based Reversal and Breakout [The_lurker]Indicator Overview:
The "Volume-Based Reversal and Breakout Indicator" is designed for use on the TradingView platform. Its primary function is to identify potential reversal candles using volume and price criteria and to mark significant breakout points. This tool is particularly valuable for traders who incorporate reversal patterns and volume analysis in their trading strategies.
Detailed Functionality:
Customizable Label Color:
Traders can choose the color of the labels that mark breakout points, allowing for personalization and better visibility on different chart backgrounds.
Volume Multiplier Input:
Users can set a 'Volume Multiplier' to define what constitutes significant trading volume. This multiplier is used to compare the current candle's volume with that of the previous candle. A higher volume on the current candle, as defined by this multiplier, is indicative of a significant trading activity.
Reversal Candle Criteria:
The script identifies a candle as a reversal candle if it meets the following conditions:
The closing price of the candle is lower than its opening price, indicating a bearish sentiment.
The trading volume of the candle is greater than the product of the previous candle's volume and the user-set volume multiplier. This implies increased trading activity during the formation of this candle.
The length of the candle's lower tail is greater than its body, suggesting a rejection of lower prices and potential bullish sentiment building up.
Breakout Identification and Marking:
Upon detecting a reversal candle, the indicator draws lines at the high and low of this candle.
These lines represent potential breakout levels. A breakout is confirmed if the price crosses above the high (indicating a bullish breakout) or below the low (indicating a bearish breakout) of the reversal candle.
When a breakout occurs, the indicator places an arrow marker at the breakout point. The direction of the arrow (upwards or downwards) and its color (customizable by the user) indicate the nature of the breakout.
Breakout Alerts:
The indicator includes an alert condition that notifies traders when a breakout occurs. This feature helps traders to quickly react to potential trading opportunities.
Practical Application:
The indicator is best used in markets with distinct volume patterns, as volume is a key component of its analysis.
It can be combined with other technical analysis tools, such as trend lines or moving averages, for additional confirmation of trading signals.
Traders should consider adjusting the volume multiplier based on the typical volume characteristics of the specific asset they are analyzing.
Conclusion:
This "Volume-Based Reversal and Breakout Indicator" is a robust tool that aids traders in identifying potential reversals and breakouts with an emphasis on volume analysis. It's customizable and alert-enabled features make it a versatile addition to a trader's toolkit, suitable for various trading styles and market conditions.
Disclaimer:
This indicator is provided "as is" without any warranties, either express or implied. The information and data contained within this indicator do not constitute investment advice or a recommendation to buy or sell any security. Users assume full responsibility for any trading decisions made based on the use of this indicator.
Past performance of indicators does not guarantee future results. Investing in financial markets involves risks, including the potential loss of capital. It is strongly advised to consult with a qualified financial advisor before making any investment decisions.
The development of this indicator does not constitute an endorsement or recommendation by TradingView or any other entity. All trademarks and trade names mentioned herein are the property of their respective owners.
Forex Master Pattern Screener 2Overview
The Forex Master Pattern Screener 2 is based on the Master Pattern, which includes contraction, expansion, and trend phases. This indicator is designed to identify and visualize market volatility, market phases, multi-timeframe contractions, liquidity points, and pivot calculations. It provides a clear image of the market's expansion and contraction phases. It's based on an alternative form of technical analysis that reveals the psychological patterns of financial markets through three phases.
Unlike the other master pattern indicators that just use highs and lows and aren't as accurate for finding contractions, this one uses actual measures of volatility to find extremely low levels of volatility and has customizable parameters depending on what you want to do.
What is the Forex Master Pattern?
The Forex Master Pattern is a framework that revolves around understanding market cycles, comprising the three main phases: contraction, expansion, and trend.
Contraction Phase: During this phase, the market has low volatility and is consolidating within a narrow range. Institutional volume tends to be low, and it's suggested to avoid trade entries during this period.
Expansion Phase: Volatility starts to increase, and there start to be bigger moves in price. Institutional traders start accumulating positions in this phase, and they might manipulate prices to draw in retail traders, creating liquidity for their own buying or selling goals.
Trend Phase: This final phase completes the market cycle. Institutional traders begin taking profits, leading to a reversal. This triggers panic among retail traders, resulting in liquidations and stops. This generates liquidity for institutional traders to profit, leaving retail traders with overvalued positions.
Value Line:
The "value line" acts as the fair value zone or the neutral belief zone where buyers and sellers agree on fair value. It can be likened to the center of gravity and is created during contraction zones.
Applications:
Identifying these phases and understanding the value lines can help traders determine the market's general direction and make better trading decisions.
This isn't a strategy but a concept explaining market behavior, allowing traders to develop various strategies based on these principles
The contractions, which are based on volatility calculations, can help you find out when big moves will occur, known as expansions.
How traders can use this indicator
1. Identifying Market Phases:
Contraction Phase: Look for periods where the market has low volatility and is contracting, indicated by a narrow range and highlighted by the contraction box. During this phase, traders prepare for a breakout but usually avoid making new trades until a clearer trend emerges.
Expansion Phase: When the indicator signals an expansion, it suggests that the market is moving out of consolidation and may be beginning a new trend. Traders might look for entry points here, anticipating a continuation of the trend.
Trend Phase: As the market enters this phase, traders look for signs of sustained movement in one direction and consider positions that benefit from this trend.
2. Multi-Timeframe Analysis:
By looking at multiple timeframes, traders can get a broader view of the market. For instance, a contraction phase in a shorter timeframe within an expansion phase in a longer timeframe might suggest a pullback in an overall uptrend. This indicator comes with a MTF contraction screener that is customizable.
2. Fair Value Lines:
The fair value acts like a "center of gravity.". Traders could use this as a reference point for understanding market sentiment and potential reversal points. This indicator shows these values in the middle of the contraction boxes.
3. Volatility Analysis:
This indicator's volatility settings can help traders understand the market's current volatility state. High volatility indicates a more active market with larger, faster moves, while low volatility might suggest caution and tighter stop-losses or take-profits. If volatility is contracting, then an expansion is imminent. This indicator shows the volatility with percentile ranks in 0-100 values and also alerts you when volatility is contracting, aka the contraction phase.
Volatility Calculations:
This indicator uses a geometric standard deviation to measure volatility based on historical price data. This metric quantifies the variability of price changes over a specified lookback period and then computes a percentile rank within a defined sample period. This percentile calculation helps evaluate the current volatility compared to historical levels.
Based on the percentile rank, the indicator sets thresholds to determine whether the current volatility is within a range considered "contraction" or not. For example, if there are really low levels of volatility on the percentile rank, then there is currently a contraction phase. The indicator also compares the volatility value against a moving average, where values above the current moving average value signal the expansion phase.
Multi-Timeframe Analysis (MTF):
This indicator comes with a multi-timeframe table that shows contractions for 5 different timeframes, and the table is customizable.
Bands:
This indicator comes with bands that are constructed based on the statistical calculations of the standard deviation applied to the log-transformed closing prices. It is commonly assumed that the distribution of prices fits some type of right-skewed distribution. To remove most of the skewness, you can use a log transformation , which makes the distribution more symmetrical and easier to analyze, thus the use of these bands . These bands are in the 2 standard deviation range. You can use these bands to trade at extreme levels. The band parameter is based on the contraction volatility lookback, which is in the Volatility Model Settings tab.
Ways the bands could be used with the contractions:
1. Identifying Breakout trades:
Contraction Zones: These zones indicate periods of low volatility where the market is consolidating. There are usually narrow price ranges, which are considered a build-up phase before a significant price move in any direction.
Bands: When the contraction zone occurs, you might notice the bands tightening around the price on smaller lookback periods, reflecting the decreased volatility. A continuous widening of the bands could then signal the beginning of an expansion phase, indicating a potential breakout opportunity.
2. Enhancing Trade Timing:
Before the Breakout: During the contraction phase, the bands might move closer together, reflecting the lower volatility. You can monitor this phase closely and prepare for a potential expansion. The bands can provide additional confirmation; for instance, a price move toward one of the bands might show an extreme occurrence and might show what the direction of the breakout could be.
After the breakout: Once the price breaks out of the contraction zone and goes to the expansion phase, and if it coincides with the bands widening significantly, it could reinforce the strength and potential sustainability of the new trend, providing a clearer entry.
3. Price-touching bands during a contraction:
If the price repeatedly touches one of the bands during a contraction phase, it might suggest a buildup of pressure in that direction. For example, if the price is consistently touching the upper band even though the bands are narrow, it might suggest bullish pressure that could occur once the expansion phase begin.
4. Price at the band extreme levels during Expansion:
If the price is at the extreme levels of the bands once the expansion phase occurs, it might indicate unsustainable levels and a low probability of the price continuing beyond those levels. Potentially signaling that a reversal will occur. Some trades could use these extremes to place entries during the expansion phases.
Liquidity Levels:
This script comes with liquidity points, whose functionality goes towards identifying pivotal levels in price action, focusing on swing highs and swing lows in the market. These points represent areas where significant buying (for swing lows) or selling (for swing highs) activity has occurred, implying potential levels or resistance in the price movement.
These liquidity points, often identified as highs and lows, are points where market participants have shown interest in the past. These levels can act as psychological indications where traders might place orders, leading to increased trading activity when these levels are approached or breached. When used with the Forex Master Pattern phases, liquidity levels can enhance trades placed with this indicator. For instance, if the market is expanding and approaches a significant liquidity level, there might be a higher chance of a breakout or reversal, showing a possible entry or exit point.
Liquidity Levels in the Contraction Phase:
Accumulation and Distribution: During the contraction phase, liquidity levels can indicate where huge positions are likely accumulating or distributing quietly. If price is near a known liquidity level and in a contraction phase, it might suggest that a large market player is building a position in anticipation of the next move.
Breakout Points: Liquidity levels can also give clues about where price could go after the breakout from the contraction phase. A break above a liquidity level might indicate a strong move to come as the market overcomes significant selling pressure.
Liquidity Levels in Expansion Phase:
Direct Confirmation: As the expansion phase begins, breaking through liquidity levels can confirm the new trend's direction. If the price moves past these levels with huge volume, it might indicate that the market has enough momentum to continue the trend.
Target Areas: Liquidity levels can act as target areas during the expansion phase. Traders using this indicator could look to take profits if the price approaches these levels, possibly expecting a reaction from the market.
TrendCylinder (Expo)█ Overview
The TrendCylinder is a dynamic trading indicator designed to capture trends and volatility in an asset's price. It provides a visualization of the current trend direction and upper and lower bands that adapt to volatility changes. By using this indicator, traders can identify potential breakouts or support and resistance levels. While also gauging the volatility to generate trading ranges. The indicator is a comprehensive tool for traders navigating various market conditions by providing a sophisticated blend of trend-following and volatility-based metrics.
█ How It Works
Trend Line: The trend line is constructed using the closing prices with the influence of volatility metrics. The trend line reacts to sudden price changes based on the trend factor and step settings.
Upper & Lower Bands: These bands are not static; they are dynamically adjusted with the calculated standard deviation and Average True Range (ATR) metrics to offer a more flexible, real-world representation of potential price movements, offering an idea of the market's likely trading range.
█ How to Use
Identifying Trends
The trend line can be used to identify the current market trend. If the price is above the trend line, it indicates a bullish trend. Conversely, if the price is below the trend line, it indicates a bearish trend.
Dynamic Support and Resistance
The upper and lower bands (including the trend line) dynamically change with market volatility, acting as moving targets of support and resistance. This helps set up stop-loss or take-profit levels with a higher degree of accuracy.
Breakout vs. Reversion Strategies
Price movements beyond the bands could signify strong trends, making it ideal for breakout strategies.
Fakeouts
If the price touches one of the bands and reverses direction, it could be a fakeout. Traders may choose to trade against the breakout in such scenarios.
█ Settings
Volatility Period: Defines the look-back period for calculating volatility. Higher values adapt the bands more slowly, whereas lower values adapt them more quickly.
Trend Factor: Adjusts the sensitivity of the trend line. Higher values produce a smoother line, while lower values make it more reactive to price changes.
Trend Step: Controls the pace at which the trend line adjusts to sudden price movements. Higher values lead to a slower adjustment and a smoother line, while lower values result in quicker adjustments.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Open RangeThis is a simple script that will look back a set number of candles at a specified time (example: Ny Open) and find the "High and Low " of the range/ market in the given look back period. It will then draw two lines and the range zone as a box. Breakout traders can use these levels to help find interesting areas for a breakout. Reversal traders can use these levels to help locate false breakouts.
Simple type in your time zone Example: GMT-4
Set the time you want the indicator to draw the start line Example: 8:30am
then set the candle look back Example: 60
Hope this script helps spark some ideas
Happy trading
B4Signals Indicator Premium Addon SqueezeB4 Squeeze is a chop zone indicator that finds potential breakouts in Realtime. It filters price action to Identify and draw a squeeze threshold (chop zone) live on your upper chart. It identifies both Squeeze Zones and Breakouts/Breakdowns.
How it works?
- The script finds highest/lowest bars during the SQZ according to the ”B4Signals Indicator“.
- By using the direction and highest/lowest bar info it calculates SQZ Zones in realtime .
- The Indicator helps you stay out of the chop during the SQZ and allows you to exploit explosive moves when it breaks out.
- When price exits the SQZ threshold, price will usually explode up or down changing the color of the box to indicate breakout direction.
- Then SQZ Zone extends automatically if there is no breakout.
The One Trader Toolkit - Open AccessThis script is the open version of my existing invite-only script of the same name and has been opened for access to the community to use, but not modify or clone in any way.
This has been done as the invite-only script cannot be changed back to a public script and vice-versa, keeping in line with Tradingview House Rules.
The code is based on a full strategy that has been explained in detail as follows:
// Step 1:
// We will consider the 200ema a standard to assess the average price over the longer term.
// If the current price on the daily chart is seen above the 200ema, we will consider that the stock is in a long term uptrend.
// If the current price on the daily chart is seen below the 200ema, we will consider that the stock is in a long term downtrend.
// In order to assess the long term trend, a band is plotted between the CLOSE (Average price), HIGH (Average High Price), LOW (Average Low Price) of the last 200 days.
// This band has been color coded for easy visual recognition. Green fill between ema close and ema high. Red fill between ema close and ema low.
// The methodology explains that the trader should have a long bias when the price is above the green part of the band and a short bias while price is below the red part of the band.
// Step 2:
// Now we come to a lower timeframe analysis with the 200ema moving average on the hourly timeframe.
// This is marked by a very distinct solid blue line which cannot be missed.
// If the price is still above this moving average and correlates with the higher timeframe trend in step 1, then we will continue our analysis.
// Otherwise, the stock is not ready to be filtered down and we will move to another stock.
// Step 3:
// On the same hourly timeframe, we will continue further analysing the position of a red 50ema line as compared to the same blue 200ema line or a separetely plotted gray 200ema line.
// If the 50ema is above the blue or the gray 200ema line (and in correlation with trend in steps 1-3), then the stock is believed to be bullish.
// If the 50ema is below the blue or the gray 200ema line (and in correlation with trend in steps 1-3), then the stock is believed to be bearish.
// Step 4:
// After multiple confirmation of a continuing trend, we will try to ascertain a good entry point.
// On the one hour timeframe, we will apply the Phase Changer.
// Phase Changer configuration is derived from a common setup which includes the 8ema and 20ema lines.
// I have implemented it in the Indian stock market setup with an added theory that we ignore the Phase Changer position on any timeframe higher than hourly timeframe.
// So the Phase Changer is not only an indication of the continuing trend, but also a great indicator of what the price is trying to achieve through its interaction with the lines.
// If 8ema is above the 20ema on the hourly chart, then the stock is believed to be bullish.
// If 8ema is below the 20ema on the hourly chart, then the stock is believed to be bearish.
// The same will be done on 15 minutes timeframe.
// In either setup, if there is a pullback and price is touching any of the two ema lines and eventually gets rejected towards the continuing trend, then it is an indication of a good entry at the failure of the pullback.
// Step 5:
// After confirmation through Daily, Hourly and 15 minutes timeframes, we will now come to the execution (5 Minute) timeframe.
// Apply the breakfast range. This is the range formed during the first hour of trading.
// The high of the first hour and the low of the first hour form the breakfast breakout.
// This method is also widely known as Open Range Breakout (ORB).
// The breakfast range is commonly used for stock indices only on a Monday morning, we use it for all days of the week and mostly on stocks.
// If the breakout is consistent with the trend that we have been confirming since step 1, we will enter the trade.
// Step 6:
// An additional daily range has been plotted for those who would like to trade the breakout of the daily range.
// This is the sum of the open price of the day the range of the previous day.
// The green line is used as resistance and the red line is used as support.
// Any breakout of those lines will be considered a strong continuation of the trend, mostly until the end of the trading session.
// Miscellaneous
// The first hour of the trading day is marked yellow with a black solid bar marked at the end of the first hour.
// All trades will be taken only after 10:20am.
// Stoploss Settings
// We will be calculating stoploss with the help of the ATR values.
// I have defined two stop loss levels, one for safe traders and the other for aggressive traders.
// Safe traders will select the safe option in a long trade or short trade respectively and mark the stoploss indicated at the time of taking the breakout entry.
// Aggressive traders on the other hand will select the aggressive stop loss option in long or short trades respectively and mark the stoploss indicated at the time of taking the breakout entry.
Litt Opening Range BreakoutThe Litt ORB, Opening Range Breakout, is a tool used by many intraday traders to take advantage of short-term momentum. This script plots extensions based on the opening range and then color candles depending on where the closing price of that candle is. The opening range is defined by either the first 30 or 60 minutes of a new trading day. During that time the opening ranges are set. If the opening range time has passed and we start to break above the Opening Range High that is a good indication that a Trend Day to the upside could be forming. When a stock takes out the range high from the first 30 or 60 minutes this is called an Opening Range Breakout.
OR = Opening Range
ORH = Opening Range High
ORL = Opening Range Low
ORM = Opening Range Mid (Half-way between ORH and ORL)
You can see the ORH and ORL (Opening Range) lines on the chart. The other lines are extension lines from the Opening Range. These are used as price targets for the end of Opening Range breakouts.
The candles are colored as follows.
If we are above the ORH then we use Bull Color 1.
If we are below the ORL then we use Bull Color 2.
If we are above the ORM, Opening Range Mid or the halfway point between the ORH and the ORL, we color Bull Color 2.
If we are below the ORM then we color Bear Color 2.
If the current time is still within the Opening Range then we color the Opening Range Color.
OR = Opening Range
ORH = Opening Range High
ORL = Opening Range Low
ORM = Opening Range Mid (Half-way between ORH and ORL)
Volume Positive Negative (VPN)The idea and calculations for the Volume Positive Negative (VPN) indicator were created by Markos Katsanos. Markos wrote about the indicator in the article Detecting High-Volume Breakouts, published in Technical Analysis of Stocks & Commodities April, 2021 (Vol. 39, Issue 5).
The goal of the VPN indicator is to detect breakouts using only volume. The basic idea is to compare volume on up days versus volume on down days. The indicator can oscillate between the range of -100 and 100. Values between 0 and 20 are generally considered bullish, negative are bearish.
When the plotted VPN crosses over what Markos refers to as the critical value, that may indicate a high volume breakout. The critical value can be adjusted between 0 to 20, 10 is the default,
Volume Positive Negative Calculation (VPN)
VPN = (VP - VN) / MAV / Period * 100
VP - sum of positive volume
VN - sum of negative volume
MAV - moving average of volume
Volume is considered positive when the average price is higher than the previous day's price by more than .1 of the ATR (average true range).
TradeChartist Volatility Trader ™TradeChartist Volatility Trader is a Price Volatility based Trend indicator that uses simple to visualize Volatility steps and a Volatility Ribbon to trade volatility breakouts and price action based on lookback length.
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Features of ™TradeChartist Volatility Trader
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The Volatility steps consists of an Upper band, a Lower band and a Mean price line that are used for detecting the breakouts and also used in plotting the Volatility Ribbon based on the price action. The Mean Line is colour coded based on Bull/Bear Volatility and exhaustion based on Price action trend.
In addition to the system of Volatility Steps and Volatility Ribbon, ™TradeChartist Volatility Trader also plots Bull and Bear zones based on high probability volatility breakouts and divides the chart into Bull and Bear trade zones.
Use of External Filter is also possible by connecting an Oscillatory (like RSI, MACD, Stoch or any Oscillator) or a non-Oscillatory (Moving Average, Supertrend, any price scale based plots) Signal to confirm the Bull and Bear Trade zones. When the indicator detects the Volatility breakouts, it also checks if the connected external signal agrees with the trend before generating the Bull/Bear entries and plotting the trade zones.
Alerts can be created for Long and Short entries using Once per bar close .
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Note:
Higher the lookback length, higher the Risk/Reward from the trade zones.
This indicator does not repaint , but on the alert creation, a potential repaint warning would appear as the script uses security function. Users need not worry as this is normal on scripts that employs security functions. For trust and confidence using the indicator, users can do bar replay to check the plots/trade entries time stamps to make sure the plots and entries stay in the same place.
™TradeChartist Volatility Trader can be connected to ™TradeChartist Plug and Trade to generate Trade Entries, Targets etc by connecting Volatility Trader's Trend Identifier as Oscillatory Signal to Plug and Trade.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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Magnetic Zones v1.1 BetaMagnetic Zones v1.1 Beta
This is one of the most powerful and effective indicator which I personally use for Intraday.
It works well for trending stocks and trending days.
What are the Zones?
The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry.
How to use?
Labels:
Pivot = P
Major Zones = R1, R2, R3, S1, S2, S3
Minor Zones = R0.5, R1.5, R2.5, S0.5, S1.5, S2.5
Previous Day High & Low = PDH, PDL
Breakout:
Opens between Previous Day High or Low and R1 or S1 Zone and taking retracement at the zone can result in a breakout.
Entry Time:
No Entry: 0 to 15min. Wait for the early Algo rush to settle down. Just go through the shortlisted stocks or top gainers and top losers.
Risky Entry: 15min to 30min. It is the right or early time to participate in the beginning of a rally. But, recommended only for experienced, disciplined and planned traders.
Moderate Risk: 30min to 45min
Safe Entry: After 45min to 1hr
Stock Selection Tip:
Use Expanded Floor Pivots to spot Narrow Range stocks.
Entry Tip:
Use Opening Range Breakout (15, 30, 45 or 1hr) to spot false shoot ups.
Entry:
After the retracement on or closer to the zones.
If the retracement happens in between spaces of the zones expect next retracement at the next in between space. Imagine the levels accordingly.
Retracement is the right time to make an entry with minimum stoploss.
Stoploss:
Just below the longest candle which touches the zone.
Target:
If it is a trending stock the price will move easily from one major zone to another major zone.
If the zones are wider on a particular day use the minor zones as target.
Consider the historical support and resistance, highs and lows to confirm the entry or exit.
Indicator Features:
Inclusion of 2nd and 3rd zones: Helpful to identify the target zone and to participation in a major rally.
Clean and cluster free look
Shows only required zones
Hide historical levels
Previous day High and Low levels
Multi time-frame
Caution:
Don't solely depend on this indicator. Always use this with other analyzing tools or methods for more confirmation.
Acknowledgement:
Thanking the original formulators.
Note:
The indicator is under testing. Any errors, updates and additions will be updated in the final version.
Even though there many are other indicators similar to this in TradingView, this indicator is customized for precision, inclusion of extended levels and designed for a squeeze free chart and visual appeal.
Explore, improvise and formulate new methods with your personal experience and ideas.
Trapped Traders - SR Levels/Zones (Expo) Trapped Traders - SR Levels/Zones (Expo) automatically identifies and displays support and resistance levels based on where Bulls & Bears can be trapped.
Levels are displayed where there is a high probability that market participants will be trapped and forced to exit their positions if the price breakouts from the SR level.
If the price doesn't breakouts from the SR level there's a chance that the market has topped or bottomed out.
The indicator can be used standalone or as a part of your current trading strategy.
Real-time
No repainting
Works on any market
HOW TO USE
1. Use the indicator to identify where Bulls and Bears can be trapped.
2. Use the indicator to identify potential breakouts in the trend direction.
3. Use the indicator to identify potential reversal points.
INDICATOR IN ACTION
Daily Chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
CPR by Anand with PDL/PDH & Breakouts 15/30 minsThis is an enhanced version of CPR by Anand with Configurable previous day high and low and option to configure breakout lines of 15 and 30 mins.
Will be an useful tool for day traders who follows CPR tricks and breakouts.
DepthHouse - Envelope OscillatorDepthHouse Envelope Oscillator is designed to show dynamic support and resistance, along with possible over extension.
The indicator has two main functions. The Standard function (top) and the Shifted function (bottom).
The Standard Function:
The oscillators outermost edges represent dynamic support and resistance. These points can often represent excellent buy and sell opportunities. Especially in a ranging market.
Anything below or above these lines often represent a possible breakout or overexertion in either direction.
The Shift Function:
This works very similar to the standard function, however this actually offsets the calculations x to the right. This can be an excellent tool for breakout traders. In many breakouts, the horizontal lines actually shift from resistance to support, and visa versa depending on trend direction.
With this function enabled, the user can designate the position of the horizontal lines, which adjusts the buy sell signals in the middle as well.
Signals Beta:
Both functions give possible buy and sell signals shown by the circles in the middle. The strength of the signal is shown by the circle size. The larger the circle, the stronger the signal.
This feature is in beta testing is not advised to trade off of.
How to get:
As you can see this is an invite only script. In the coming months this indicator, along with many others will become pay to use only. (website on my profile page)
However all my indicators will be FREE until AT LEAST May of 2018 . So please try them out!
To take advantage of this FREE trial
1. Subscribe to my YouTube channel. I have many more videos to come! Maybe even leave a comment of what you would like to see next!
www.youtube.com
2. Comment on this indicator post! Maybe even give me a follow :D
I hope you all enjoy!!
[TupTrader] prev candle of Opening session✅ Session Key Levels + Daily Zones
This smart indicator automatically marks the key levels from the previous candle before the opening of each main trading session — Asia, London, and New York — along with the previous daily candle levels. These levels are critical for price reaction, support/resistance, and session-based breakouts or reversals.
🧠 What does it do?
Detects and plots the previous candle before each session (Asia, London, New York)
Automatically draws:
High/Low/Open/Close of that candle
Optional body/fibonacci levels (25%, 50%, 75% or 23.6%, 38.2%, 61.8%)
Box zones to visualize the session range
Highlights the previous daily OHLC and key levels
🚨 Built-in alerts for touches on key session and daily levels
Fully customizable: colors, font size, levels visibility, and session times
💡 How to Use It?
Scalping or Intraday: Look for price reactions around session levels.
Breakout Strategy: Wait for price to break session highs/lows with volume.
Reversals: Watch for fakeouts around previous session or daily zones.
Use it with trend tools (e.g., EMA or structure) for confluence.
These levels act like a roadmap of market structure and liquidity. Perfect for day traders, scalpers, and session-based traders.
Trend Breakout [Uncle Sam Trading]Trend Breakout Indicator
Overview
The Trend Breakout Indicator is a powerful, non-repainting tool designed to help traders identify high-probability breakout and trend reversal setups on any market and timeframe. By leveraging pivot points, this indicator draws dynamic support and resistance channels, highlights counter-trend breakouts, and provides visual cues for market direction. It’s ideal for traders looking to simplify their analysis while targeting key price levels for entries and exits.
Key Features
Pivot-Based Channels: Draws a red upper channel (resistance) and a green lower channel (support) by connecting recent pivot highs and lows.
Counter-Trend Breakout Signals:
Blue “CT Breakup” signal (▲) when the price breaks above the upper channel during a downtrend, indicating a potential reversal or pullback.
Orange “CT Breakdown” signal (▼) when the price breaks below the lower channel during an uptrend, signaling a potential downmove.
Trend Visualization: Background color shifts to green for uptrends and red for downtrends, making it easy to gauge market direction.
Customizable Settings: Adjust pivot detection sensitivity with “Pivot Left Bars” (default: 5) and “Pivot Right Bars” (default: 1), and control channel extension with “Channel Extension Bars” (default: 50).
Optional Trend Signals: Enable “Show Trend Change Signals” to display trend shifts with green (uptrend) or red (downtrend) arrows.
Alert Conditions: Set alerts for counter-trend breakouts and trend changes directly on TradingView.
Example Performance (BTCUSDT, 1-Hour Chart)
On the BTCUSDT 1-hour chart:
A “CT Breakdown” signal appeared on April 6 at 8:00 AM at $82,700, followed by a drop to $74,400 within hours—a 10% move.
A “CT Breakup” signal occurred on April 9 at 1:00 AM at $76,600, leading to a rally to $86,600 in a few hours—a 9% gain.
These examples highlight the indicator’s ability to spot significant price movements, though results depend on market conditions, your trading style, and risk management.
Settings
Pivot Left Bars (default: 5): Number of bars to the left for pivot detection.
Pivot Right Bars (default: 1): Number of bars to the right for pivot confirmation (ensures non-repainting signals).
Channel Extension Bars (default: 50): How far the channels extend to the right.
Show Pivot Points (default: true): Displays small triangles at pivot highs (maroon) and lows (navy).
Show Counter-Trend Breakout Signals (default: true): Shows CT Breakup and CT Breakdown signals.
Show Trend Change Signals (default: false): Displays trend shift arrows when enabled.
How to Use
Add the indicator to your chart via TradingView’s indicator library.
Adjust the settings to match your trading style and timeframe.
Watch for “CT Breakup” and “CT Breakdown” signals to identify potential trade setups.
Use the background color (green/red) to confirm the current trend.
Set alerts for breakouts or trend changes to stay updated on key signals.
Always combine with proper risk management and your own analysis—past performance is not a guarantee of future results.
Notes
The indicator is non-repainting, meaning signals are confirmed and won’t disappear after they form.
Works on any market (crypto, forex, stocks) and timeframe, such as the BTCUSDT 1-hour chart shown.
Performance varies based on market volatility and your trading strategy.
This is a free tool created to support the TradingView community—feedback is welcome in the comments!
Disclaimer
Trading involves risk, and this indicator is not a guaranteed predictor of future price movements. Always conduct your own analysis and manage risk appropriately. The examples provided (e.g., BTCUSDT signals) are for educational purposes only and reflect past performance, which may not repeat.
