Trendbreakout — Göstergeler ve Stratejiler

Block-Based Trend Breakout (UTB/DTB) & S/R Zones This indicator is designed to detect potential trend reversals or volatility bursts by analyzing price action structured into "blocks." Its primary goal is to capture the earliest signals that a defined trend structure is weakening or breaking. Signal Generation: 🟢 DTB (Downtrend Breakout): When a confirmed downtrend is identified (e.g., price has been falling for 2 blocks), the indicator waits for the price to break above the highest high of the last completed block in that trend. When this break occurs, it signals a potential bullish reversal with a green DTB triangle below the bar. 🔴 UTB (Uptrend Breakdown): When a confirmed uptrend is identified (e.g., price has been rising for 2 blocks), the indicator waits for the price to break below the lowest low of the last completed block. When this break occurs, it signals a potential bearish reversal with a red UTB triangle above the bar. 🛠️ Key Settings Block Size (bars): The number of bars in each block used to analyze the trend structure. Lower values track short-term trends; higher values track long-term trends. Trend Confirmation (steps): The minimum number of consecutive blocks required to "confirm" a trend. Tolerance: Allowed Off-Trend Steps: The number of "noise" blocks allowed while confirming a trend. Show Support/Resistance Zones: Toggles the histogram-based S/R zones on or off. S/R Lookback (blocks): Determines how many blocks to look back for calculating S/R zones. S/R Zone Width (in ATR): Sets the thickness of the S/R zones, denominated in ATRs. If you find this useful please reach out and let me know how you use it as it's fairly unique... and thus different than anything I've ever seen or used.

First Candle High Low Levels Description The "First Candle High Low Levels" Pine Script indicator is designed to highlight the high and low levels of the first candle of the day on your TradingView chart. It works across different timeframes and specifically handles the Indian stock market trading hours (9:15 AM to 3:30 PM IST). The script draws a box from the start to the end of the trading session, visually marking the price range defined by the first candle of the day. Traders can customize the box's border color, fill color, and line width. Features Customizable Timeframe: Users can select the desired timeframe for the first candle (e.g., 5-minute, 15-minute, etc.). Custom Box Appearance: Options to adjust the border color, fill color, and line width of the drawn box. Auto Reset for Each New Day: The high and low of the first candle are reset daily to mark the start of the next trading day. Accurate Market Session Handling: The box is drawn from the start of the first candle to the end of the trading session (3:30 PM IST). Usage Adding to Chart: Apply the script by copying it into the Pine Script editor in TradingView. Once added, the script will automatically draw a box representing the high and low of the first candle of the day. Select Timeframe: You can adjust the First Candle Timeframe input to define which timeframe candle will be used for marking the high and low. For example, if you choose a 5-minute timeframe, the high and low of the first 5-minute candle will be used. Customization: Adjust the Border Color and Box Fill Color through the input settings to match your chart's style. Modify the Box Line Width to make the box lines more or less prominent.

Adaptive Trend Lines (Expo)Adaptive Trend Lines (Expo) identifies the current trend direction within the selected lookback period. The idea behind the indicator is that the trend lines should self adjust to the constantly changing market. The indicator adjusts itself to the market by using tr (true range) and stdev (standard deviation) as dynamic variables. The indicator displays positive- and negative trend channels. HOW TO USE 1. Use the indicator to identify the trend direction. 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! ----------------- 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!