Support and resistance (Spicytrader)
Spicytrader automatically identifies the most accurate supports and resistances.
Most breakouts are triggered when crossing supports and resistances.
GET ACCESS : spicytrader.com
Komut dosyalarını "breakout" için ara
Fractal breakouts (god lines)Fractal breakout strategy. Used to ascertain exact entries (both long and short)
Ideal for > $800-1000 scalps on margin (on higher time-frames i.e. 1H and above) . Simultaneously, also great for quick scalps on lower time-frames (1, 3 and 5 minutes) .
Please message for info. Full strategy rules will be provided once access is given.
See below sample trades based on this strategy:
1H:
15m:
1m:
1R Breakout Highlighter1R Breakout. This indicator measures every bar and highlights any bar that is greater than the previous bar by more than 1R.
Chews Opening Range Breakout - FibonacciVisual tool for taking a Fibonacci retracement-backed opening range breakout.
How it works:
Short a first red candle. Long a first green candle.
You decide which Fibonacci % you prefer your stop loss to be, the plot and label will represent your decision.
Fibonacci logic is close --> open.
Recommendations:
Use a lower time frame interval like 3m.
Extra Notes:
On higher priced stocks, you may see some discrepancy (~$0.1!) when plotting a Fibonacci Retracement compared to the suggested stop loss.
Since this discrepancy happens on inherently more volatile stocks, I have chosen to neglect the discrepancy instead of going for point perfect stop loss exits.
Realistically, it won't matter unless you get very unlucky.
Fibonacci drawing is not a feature of what this indicator plots. It's there for reference, but I can add if requested.
I drafted this simple code to help me visualize automating this strategy.
"That's spoicy!"
ToDo: Add an optional two-sided ORB. Higher chance of success since it is meant for reversals.
Pivot-Based Channels & Bands [Misu]█ This Indicator is based on Pivot detection to show bands and channels.
The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level.
█ Usages:
Use channels as a support & resistance zone.
Use bands as a support & resistance zone. It is also very powerfull to use it as a breakout.
Use mid bands & mid channels as a trend direction or trade filter as a more usual moving average.
█ Parameters:
Show Pivot Bands: show bands.
Show Pivot Mid Band: show mid bands.
Show Pivot Channels: show channels.
Show Pivot Mid Channel: show mid channels.
Deviation: deviation used to calculate pivot points.
Depth: depth used to calculate pivot points.
Bulu BreakoutI designed this indicator to trade 52 weeks high breakout. It tests three conditions 1)close above 52weeks high 2)close above upper Bollinger band 3) adx <30. any candle that satisfies all these condition will change its color to black. i also added 44sma to this script to find high probable trade. if the black candle is near 44 sma it is more reliable.
Beekay Range-BreakerIdentifies scripts that are trading within a range for quite some time.
How to read:
1. Both the orange and the blue boxes are overlapping each other indicates that the price has been in that range.
2. The white line shows the price direction.
3. The white line crossing up/down can be seen as a breakout.
NOTE: Kindly validate the signals based on further analysis before taking a call .
Johnny 5 Breakout IndicatorThis is an indicator to help you catch when coins breakout. You can set an alert with this indicator.
Auto trendline (Spicytrader) DESCENDING
Real time identification of trend lines
Get ready before the next breakout.
The trend lines are formed by two adjacent troughs in a bearish or bullish market.
You don’t need to draw the trend lines by hand anymore.
GET ACCESS : spicytrader.com
Auto trendline (Spicytrader) ASCENDING
Real time identification of trend lines
Get ready before the next breakout.
The trend lines are formed by two adjacent troughs in a bearish or bullish market.
You don’t need to draw the trend lines by hand anymore.
GET ACCESS : spicytrader.com
ATR Pulse Breakout ATR Pulse Breakout is a versatile volatility-based indicator that identifies buy and sell signals using an adaptive ATR trailing stop strategy. By dynamically tracking market volatility, this indicator highlights potential trend reversals and breakout opportunities with precision.
Features:
• Signals generated when price crosses the ATR-based trailing stop, indicating actionable buy and sell points
• Two extended horizontal lines marking the high and low of the breakout candle for clear visualization
• Semi-transparent candle highlights to emphasize signal bars
• Buy and Sell arrows with customizable colors and labels for easy identification
• User inputs for ATR length, multiplier, and smoothing method to adjust sensitivity
Trading Approaches:
• Aggressive Traders: May enter immediately after the signal candle closes on the 15-minute timeframe to capitalize on early momentum
• Conservative Traders: Should wait for a confirmed breakout above or below the highlighted lines before entering, reducing false signals and enhancing trade reliability
Usage:
Ideal for traders looking to capture volatility-driven moves, ATR Pulse Breakout works well for day trading, swing trading, and longer-term strategies. Use the signals alongside your preferred risk management and confirmation tools to improve trading accuracy.
Developed with care by Ats9, combining robust volatility measures with clean visual cues for improved trade decision-making.
EMA Cross Strategy + Breakout Entry (Trend Filtered)A High-Probability Trading Strategy Using EMAs and Long-Term Trend Filters in Pine Script
In financial markets, successful trading often depends on identifying high-probability setups with consistent rules and clear confirmations. The Pine Script developed here combines the simplicity of exponential moving average (EMA) crossovers with the robustness of long-term trend filtering, enhancing entry timing and reducing exposure to false signals. This essay explains the strategy’s logic, technical components, strengths, and its potential effectiveness for active traders.
Introduction to the Strategy
This Pine Script trading strategy is built upon two foundational components:
1. EMA Crossovers: A well-established technique where a fast EMA (8-period) and a slower EMA (21-period) are used to detect short-term momentum shifts.
2. Trend Filtering Using SMA: A 100-period simple moving average (SMA) acts as a long-term trend indicator. Only trades in the direction of the dominant trend are considered valid.
These two elements are combined to create a high-probability, trend-following system that aims to capture meaningful price movements while avoiding low-quality entries that typically occur during sideways or choppy markets.
⸻
Core Entry Logic
The script defines two distinct entry conditions designed to complement each other:
1. Standard EMA Crossover Entry (Type A)
This is a classic momentum entry condition. When the 8 EMA crosses above the 21 EMA, it indicates a shift in short-term momentum. However, this signal alone is insufficient in many market conditions, especially when the broader trend is unclear or reversing. To mitigate this risk, the crossover is only accepted when the 100 SMA is in an uptrend, defined as the SMA currently being higher than its value on the previous bar. This ensures the strategy only takes long entries in bullish environments, aligning with the principle of trading with the trend.
2. Breakout Entry After Trend Reversal (Type B)
The second entry condition captures powerful “breakout” opportunities that often follow a fresh trend reversal. Specifically, when the 100 SMA transitions from a downtrend to an uptrend, the script starts a 15-bar lookback window. If, during that window, the price, 8 EMA, and 21 EMA all rise above the long-term SMA, it is considered a confirmation of trend strength and momentum alignment. A long entry is then signaled.
This condition is designed to capitalize on early participation in new uptrends, catching strong price expansions that typically follow a change in market direction.
⸻
Exit Logic
The exit logic is intentionally simple and tied to the same framework as entries. A position is exited when the 8 EMA crosses below the 21 EMA, and the 100 SMA remains in an uptrend. This ensures that exits are aligned with weakening momentum while the larger trend remains bullish. This avoids premature exits during minor pullbacks and focuses on retaining trades during sustained uptrends.
Notably, exits do not occur when the long-term trend has flipped bearish. This design choice prevents “reverse trend” noise from triggering exits too early and instead focuses purely on short-term weakness within a bullish macro backdrop.
⸻
Technical Components of the Script
The Pine Script is structured with clear and logical components:
1. Inputs: The user can customize the periods for the fast EMA, slow EMA, long-term SMA, and the trend-reversal lookback window (defaulted to 15 bars).
2. Trend Detection: The long-term trend is calculated using the slope of the 100 SMA. If the SMA is rising, the trend is marked as bullish and is visually plotted in green; otherwise, it is plotted in red.
3. State Management: The script tracks how many bars have passed since the long-term trend turned bullish. This is managed using a var integer variable that resets upon trend reversal and increments while the trend remains up.
4. Entry and Exit Signals: These are plotted as shape markers on the chart — green triangles for entry and red triangles for exit — providing visual clarity.
Each of these components works in harmony to ensure that trade signals are issued only in favorable environments with multiple confirmations.
⸻
Benefits of the Strategy
There are several key advantages to using this hybrid strategy:
1. Filters Out Choppy Markets
By requiring the long-term SMA to be in an uptrend for any entry or exit signal to be valid, the strategy avoids noisy, sideways price action where EMA crossovers are more likely to produce false signals.
2. Dual Entry Approach
The inclusion of two different entry types allows the strategy to both:
• Capture new trends as they emerge (Breakout Entry).
• Ride existing trends using EMA crossover logic (Standard Entry).
This dual approach balances early participation with trend confirmation, offering flexibility for different market conditions.
3. Clear Exit Criteria
By tying exits to a momentum weakening signal (EMA crossover down), traders are not left guessing when to exit. This supports consistent execution and reduces emotional decision-making.
4. Trend Alignment
Aligning both entry and exit decisions with the broader trend increases the probability that trades will move in the desired direction. This is a cornerstone of successful trend-following strategies.
5. Modular Design
The script’s modularity allows traders to easily expand it with backtesting functions, alerts, or additional filters like RSI, ATR, or volume-based conditions, depending on their individual trading needs.
⸻
Use Cases and Applications
This strategy is particularly well-suited for swing traders and position traders operating on the 4-hour or daily timeframes. It is also effective on trending assets like equity indices, major stocks, or cryptocurrencies with defined directional movement.
Additionally, this script can be used as a signal engine in a larger portfolio of strategies, where only trades with trend confirmation are allowed to proceed. It can also function as a discretionary trading aid, helping traders visually identify when technical conditions align favorably.
⸻
Conclusion
This enhanced EMA crossover strategy, powered by a long-term trend filter and a secondary breakout entry condition, offers a robust and disciplined approach to navigating financial markets. By focusing on trading in the direction of a confirmed uptrend and using both momentum and structural price behavior for entry confirmation, the strategy aims to minimize whipsaw trades and maximize participation in sustained bullish moves.
Its simple logic, visual clarity, and strong filtering mechanisms make it both practical for new traders and a valuable foundation for more advanced systems. Whether used as-is or further expanded with custom features, this Pine Script serves as an excellent tool for executing a structured, high-probability trading plan.
VWAP & Breakout Volume ConfirmHow the TradingView Indicator Works (Explained Simply)
VWAP Line (Orange)
It plots the Volume Weighted Average Price for the day.
Price above VWAP = bullish zone
Price below VWAP = bearish zone
Volume Spike Detection (Red Triangle)
It calculates the average volume over the last 20 candles.
If the current volume is 1.5× that average, it plots a red triangle under the candle.
Helps confirm if a move has real momentum or not.
Breakout Confirmation (Green Label ‘BO’)
Checks if price breaks above the last 10-bar high (for upside breakout) or below the last 10-bar low (for downside breakout).
If a breakout happens and the volume spike is present, it plots a green “BO” label above the candle.
This tells you the breakout is strong and likely to follow through.
VoluTility🌊 VoluTility forecasts trend exhaustion, breakout pressure, and structural inflection by measuring volatility within the effort stream. Built on the concept of ATR applied to volume, it doesn’t read raw volume — it reveals whether that volume is stable, chaotic, or compressing ahead of a move. The goal is to detect structural setups before they resolve. The lower the timeframe, the greater the alpha.
🧠 Core Logic
A zero-centered histogram shows the deviation of smoothed volume from its own volatility baseline. Positive bars indicate expansion; negative bars signal compression. Color reflects rate-of-change in volume volatility. Opacity tracks effort/result strength — showing when moves are real or hollow.
The overlaid ribbon (EMA vs HMA) highlights rhythm shifts. Orange fill signals real expansion; yellow shows decay or absorption. Together, they expose pre-breakout compression and exhaustion tails before price reacts.
🏗️ Structural Read
On the 1H BTC chart shown, price coils into a shallow pullback, compressing within a narrow range marked by shrinking candle bodies and muted wick aggression. A sudden expansion candle breaks the coil cleanly, with no immediate rejection or wick reversion. Price holds above the breakout pivot, establishing a baseline for structural acceptance and shifting bias toward continuation.
🔰 Zone Descriptions
🔴 Volatile blowout
🟠 Clean expansion
🟡 Passive or absorbed effort
🟢 Steady-state rhythm
🔵 Compression coil
🧐 Suggested Use
VoluTility is expressly designed as an overlay for sub-pane indicators, where it acts as a second-order rhythm map — exposing hidden structural pressure within volume or volatility streams. When paired with volume (like ZVOL or OBVX), it highlights when flow is expanding with intent versus fading into noise. When layered over volatility signals (like ATR Turbulence or WIRE), it reveals whether expansion has real effort behind it — or is just structural slack.
It pairs especially well with the Relative Directional Index (RDI), where its histogram and ribbon offer early exhaustion signals before traditional trend or momentum fades appear. On raw momentum tools, it acts as a filter: softening false breaks and confirming pressure-backed continuation.
Run on 15m or lower charts for early entry cues or breakout anticipation. On 1H charts, use it to validate compression resolution or detect fatigue before structure turns. It doesn’t react to price — it forecasts readiness.
Dual Trendline Breakout [Splirus]This advanced trading tool leverages the power of dual pivot-based trendlines to provide traders with a superior edge in identifying potential breakout and retest opportunities. By combining two separate pivot lengths, the indicator creates both primary and secondary trendlines, enabling more robust confluence and decision-making in your trading strategy.
Key Features:
1. Dual Pivot Analysis:
Primary Trendline: Uses a shorter pivot length to capture immediate price movements and breakout scenarios.
Secondary Trendline: Employs a longer pivot length for broader trend identification and confirmation.
2. Enhanced Confluence:
The combination of short-term and long-term trendlines provides stronger signals, reducing false positives and enhancing accuracy.
3. Dynamic Visualization:
Automatically plots trendlines and extends them until they are crossed.
Distinct colors for uptrend and downtrend lines for easy interpretation.
Highlights where price breaks above or below the trendlines with bar coloring.
4. Alerts for Key Events:
Alerts are triggered for breakout and retest scenarios, ensuring you never miss critical market movements.
5. Customizable Settings:
Adjust pivot lengths, trendline colors, and visualization preferences to suit your trading style.
Optional settings for showing only the most recent trendlines, hiding crossed lines, and extending lines dynamically.
How It Works:
The indicator identifies pivot highs and lows based on the specified lengths for both primary and secondary trendlines.
When price interacts with these trendlines (breakout, retest, or cross), it highlights the event with customizable bar colors and optional alerts.
By monitoring these interactions, traders can better time their entries and exits, leveraging the dual-period analysis for stronger market confluence.
Ideal Use Cases:
Scalping: Use primary trendlines for quick trade opportunities.
Swing Trading: Combine primary and secondary trendlines for more significant market moves.
Trend Continuation or Reversal: Identify breakout confirmations or retests for confident trade setups.
This indicator is a powerful addition to any trader's toolkit, offering precision, adaptability, and actionable insights for navigating the markets with confidence.
Its closed-source design ensures that the unique advantages of the Dual Trendline identification algorithm remain exclusive to its users, providing an edge that cannot be duplicated elsewhere.
ORB opening range breakoutThis indicator plots the opening range high and low for a selected period of time in minutes after the market opens on an intraday chart to allow the user to visualize the high and low of the opening range for use in the Opening Range Breakout (ORB) strategy.
The Opening Range Breakout (ORB) strategy is a trading approach that involves identifying the price range within the first few minutes of a market session and then waiting for the price to break out of that range. This indicator facilitates this strategy through the use of shaded regions and/or price levels.
Features
Able to plot the high and low for any opening range above 1 min on any intraday timeframe
Fully customizable ORB region, price level, price axis, label
The inclusion of the Bollinger band along with it's Moving Average serves multiple purposes to assist the user in the opening range breakout strategy
Highlights to the user the deviation from the Moving Average due to an opening range breakout so that the user is better informed on whether to avoid entering a position, exit a position, or monitor the situation more closely
Highlights area of support or resistance formed by the Moving Average of Bollinger Band
Inform the user of the current trend direction to serve as confluence during an opening range breakout
What sets this indicator apart from others
In other ORB indicators, the opening range must be a multiple of the current chart's timeframe, restricting users on the intraday timeframes that can be used. E.g. if the user is using the 15 minutes opening range, they are restricted to use the 1, 3, 5, 15 minute(s) chart.
This indicator gives the user the flexibility to set any opening range above 1 min on any intraday timeframe. E.g. if the user is using the 15 minutes opening range, they are free to use any intraday timeframe on their chart, such as 1 hour or 2 hours chart.
How to use
Input the opening time range of interest in minutes
Check the "ORB region" checkbox to shade the ORB region
Check the "PRICE LEVEL" checkbox to draw a horizontal line of the high and low
Check the "PRICE AXIS" checkbox to plot the values on the price axis
Check the "LABEL" checkbox to draw a label of the high and low
rsi wf breakoutRSI Breakout Asif
RSI Breakout Asif Indicator
Overview:
The RSI Breakout Asif indicator is a custom script designed to analyze and highlight potential
breakout points using the Relative Strength Index (RSI) combined with Williams Fractals. This
indicator is specifically developed for traders who want to identify key momentum shifts in the
market.
Features:
1. RSI Analysis:
- The RSI is calculated using a user-defined length and price source.
- Horizontal lines are plotted at levels 70 (overbought), 50 (neutral), and 30 (oversold) to visually
aid decision-making.
2. Williams Fractals on RSI:
- Detects fractal highs and lows based on RSI values.
- Highlights these fractal points with dynamic, symmetrical lines for better visibility.
3. Customization:
- Users can adjust the RSI length and price source for personalized analysis.
- Fractal settings (left and right bar length) are also adjustable, making the indicator versatile for
different trading styles.
4. Visual Enhancements:
- Fractal highs are marked in red, while fractal lows are marked in green.
Asif - Page 1
RSI Breakout Asif
- Precise line placement ensures clarity and reduces chart clutter.
5. Practical Utility:
- Use the fractal breakout signals in conjunction with other technical indicators for enhanced
decision-making.
Usage:
- Add the RSI Breakout Asif indicator to your TradingView chart.
- Adjust the settings according to your trading strategy.
- Observe the RSI values and fractal points to identify potential breakout zones.
Disclaimer:
This indicator is a technical analysis tool and should be used in combination with other analysis
methods. It does not guarantee profitable trades.
Watermarked by Asif.
Asif - Page 2
Ultra Volume High Breakoutser Inputs:
length: Defines the period to calculate the moving average of volume.
multiplier: Sets the threshold above the moving average to consider as "Ultra Volume."
breakoutMultiplier: Allows for customization of breakout sensitivity.
Volume Calculation:
The script calculates a simple moving average (SMA) of the volume for a defined period (length).
It then detects if the current volume is higher than the moving average multiplied by the user-defined multiplier.
Breakout Condition:
The script checks if the price has moved above the highest close of the previous length periods while the volume condition for "Ultra Volume" is true.
Visuals:
The script marks the breakout with an upward label below the bar (plotshape), colored green for easy identification.
Ultra volume is highlighted with a red histogram plot.
Alert Condition:
An alert condition is included to trigger whenever an ultra volume high breakout occurs.
Customization:
You can adjust the length, multiplier, and breakoutMultiplier to fit your strategy and asset volatility.
Alerts can be set in TradingView to notify you when this condition is met.
Let me know if you'd like further customization or explanation!
GROK - 40 Day High BreakoutTitle: GROK - Customizable High Breakout Detector
To scan base breakout with Pine Screener
Description:
This Pine Script indicator identifies high breakout patterns based on a user-defined lookback period. By default, it checks for a breakout of the 40-day high, but the period can be adjusted to suit your trading strategy. Key features include:
Custom Lookback Period: Easily modify the number of days for high breakout detection. Lookback period is length of base you want to scan using pine screener.
Visual Alerts: Displays a green triangle above the price bar when a breakout is detected.
Alert Conditions: Built-in alert notifications for automated breakout detection.
Screener Compatibility: Plots breakout signals as a histogram for screener use.
This script is ideal for traders looking to identify strong breakout patterns and incorporate them into their strategies.
How to Use:
Adjust the lookback period in the settings to match your desired breakout criteria.
Add alerts for automated notifications when a breakout is detected.
Use the visual markers and histogram to analyze breakout patterns on your chart.
Volatility Trend Bands [UAlgo]The Volatility Trend Bands is a trend-following indicator that combines the concepts of volatility and trend detection. Built using the Average True Range (ATR) to measure volatility, this indicator dynamically adjusts upper and lower bands around price movements. The bands act as dynamic support and resistance levels, making it easier to identify trend shifts and potential entry and exit points.
With the ATR multiplier, this indicator effectively captures volatility-based shifts in the market. The use of midline values allows for accurate trend detection, which is displayed through color-coded signals on the chart. Additionally, this tool provides clear buy and sell signals, accompanied by intuitive graphical markers for ease of use.
The Volatility Trend Bands is ideal for traders seeking an adaptive trend-following method that responds to changing market conditions while maintaining robust volatility control.
🔶 Key Features
Dynamic Support and Resistance: The indicator utilizes volatility to create dynamic bands. The upper band acts as resistance, and the lower band acts as support for the price. Wider bands indicate higher volatility, while narrower bands indicate lower volatility.
Customizable Inputs
You can tailor the indicator to your strategy by adjusting the:
Price Source: Select the price data (e.g., closing price) used for calculations.
ATR Length: Define the lookback period for the Average True Range (ATR) volatility measure.
ATR Multiplier: This factor controls the width of the volatility bands relative to the ATR value.
Color Options: Choose colors for the bands and signal arrows for better visualization.
Visual Signals: Arrows ("▲" for buy, "▼" for sell) appear on the chart when the trend changes, providing clear entry point indications.
Alerts: Integrated alerts for both buy and sell conditions, allowing you to receive notifications for potential trade opportunities.
🔶 Interpreting Indicator
Upper and Lower Bands: The upper and lower bands are dynamic, adjusting based on market volatility using the ATR. These bands serve as adaptive support and resistance levels. When price breaks above the upper band, it indicates a potential bullish breakout, signaling a strong uptrend. Conversely, a break below the lower band signals a bearish breakout, indicating a downtrend.
Buy/Sell Signals: The indicator provides clear buy and sell signals at breakout points. A buy signal ("▲") is generated when the price breaks above the upper band, suggesting the start of a bullish trend. A sell signal ("▼") is triggered when the price breaks below the lower band, indicating the beginning of a bearish trend. These signals help traders identify potential entry and exit points at key breakout levels.
Color-Coded Bars: The bars on the chart change color based on the trend direction. Teal bars represent bullish momentum, while purple bars signify bearish momentum. This color coding provides a quick visual cue about the market's current direction.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
120 GOAT - Simple Moving Average Breakout IndicatorThe 120 GOAT indicator is a powerful tool designed to help traders identify key breakout points relative to the 120-day Simple Moving Average (SMA). This indicator tracks when the price crosses above or below the 120-day SMA, marking these transition points on the chart with dynamic labels that indicate the percentage change in price since the last crossover.
With the 120 GOAT indicator, traders can:
Identify trend reversals when the price crosses the 120-day SMA.
Monitor price momentum and potential support or resistance levels relative to the 120-day SMA.
Receive alerts when a breakout occurs above or below the 120-day SMA, ensuring they never miss an important market move.
Key Features:
120-day SMA: A customizable 120-day Simple Moving Average that serves as a benchmark for price movements.
Dynamic Labels: The indicator provides labels showing the number of days since the last crossover and the percentage change in price from the previous crossover.
Color-coded Breakout Signals: Labels change color based on the nature of the breakout and price movement:
Above SMA: Green for positive price change, blue for negative.
Below SMA: Orange for positive price change, red for negative.
Price Line Tracking: Displays the current price level relative to the SMA.
Custom Alerts: Set alerts for when the price crosses above or below the 120-day SMA to stay updated on significant market events.
How to Use the 120 GOAT Indicator:
Add the Indicator to Your Chart:
Open TradingView and go to the chart where you want to use the 120 GOAT indicator.
Click on the "Indicators" button at the top of the chart.
Search for "120 GOAT" and select it from the list to apply it to your chart.
Customize the Settings:
Show 120 MA: Toggle this option on if you want the 120-day SMA to be displayed on your chart.
MA Color: Choose your preferred color for the 120-day SMA line.
SMA Length: You can adjust the length of the moving average if you prefer a different period. The default is set to 120 days.
Interpret the Signals:
When the price crosses above the 120-day SMA, the indicator will display a label below the price bar showing the number of days since the last crossover and the percentage change in price. If the price change is positive, the label is green; if negative, it is blue.
When the price crosses below the 120-day SMA, a similar label will appear above the price bar. If the price change is positive, the label is orange; if negative, it is red.
Set Alerts for Key Market Movements:
Go to the Alerts panel and create a new alert.
Select 120 GOAT as the condition.
Choose either "Price Crossed Above SMA 120" or "Price Crossed Below SMA 120" as the alert criteria.
Configure the alert frequency and other settings as needed, then click "Create."
Monitor the Indicator for Trading Opportunities:
Use the breakout signals and percentage change information to identify potential trading opportunities.
Combine this indicator with other technical analysis tools to validate trade setups and enhance decision-making.
Disclaimer: The 120 GOAT indicator is designed for educational purposes and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making trading decisions.
CG Inside Candle Breakout/BreakdownThe Inside Candle Breakout/Breakdown Indicator can be used to identify the breakout or breakdown cross of the mother candle and inside candle. This helps in deciding whether to go long on a breakout or short on a breakdown.
This indicator first identifies the mother candle and inside candle (baby candle). If the next candle, which is formed after the inside candle, breaks the high of the mother candle in the case of an uptrend or breaks the low of the mother candle in the case of a downtrend, it will indicate a breakout or breakdown.
