Advanced Breakout SystemAdvanced Breakout System
Developed by: Mohammed Bedaiwi
This script hunts for high-probability breakouts by combining price consolidation zones, volume spikes vs. average volume, smart money flow (OBV), and a Momentum Override for explosive moves that skip consolidation. Additionally, it automatically identifies and plots Support and Resistance levels with price labels to help you visualize market structure.
The system follows a "Watch & Confirm" logic: it first prints a WATCH setup, then a BUY only if price confirms strength.
🔑 Color Legend (Visual Guide)
🟡 WATCH – Setup (Yellow Arrow Down) :
Potential breakout setup detected. Monitor the stock and do not enter yet. Triggered when price breaks out of a recent consolidation with strong volume or makes a big momentum move (e.g. >5%) in a single bar.
🟢 BUY – Confirmation (Green Arrow Up) :
Confirmed breakout. Consider entering a long position according to your own rules. Triggered when price trades above the high of the WATCH candle.
🟠 SELL – Break (Orange Arrow) :
Short-term trend weakness. Triggered when price closes below the Fast EMA (9). Used as a protective exit or partial profit-taking.
🔴 SELL – Dump (Dark Red Arrow) :
Distribution / volume dump. Triggered by a bearish candle with abnormally high volume compared to the average (e.g. ≥ Dump Volume Multiplier × average volume).
🟣 SELL – Pattern (Purple Arrow) :
Bearish price-action pattern (such as a bearish engulfing). Indicates a possible top or reversal.
🔴/🟢 Support & Resistance Lines :
Small horizontal lines plotted at key swing points. Red Line: Resistance (Swing High). Green Line: Support (Swing Low). Both include exact price labels for quick reference.
⚙️ Inputs
Entry settings: Consolidation Lookback (default 20) = bars used to detect consolidation. Consolidation Range % (default 12%) = max allowed range size; higher values make the script more sensitive. Volume Spike Multiplier (default 1.2) = factor above average volume to count as a spike. Force Signal on Big Moves (default ON) = forces a WATCH signal if price jumps more than a set % (e.g. 5%) even without consolidation/OBV confirmation.
Exit settings: Enable Fast Exit (EMA 9) toggles the SELL – Break signal. Dump Volume Multiplier defines what counts as “dump” volume (e.g. 2× average).
Support & Resistance: Adjustable Pivot Left/Right bars allow you to control the sensitivity of the support and resistance lines.
⚠️ Disclaimer
Trading involves significant risk of loss. This script is for educational and informational purposes only and is not financial advice or a recommendation to buy or sell any asset. BUY and SELL signals are rule-based and derived from historical behavior and do not guarantee future performance. Always use your own analysis and risk management.
เส้นแนวโน้ม
Trading Session IL7 Session-Based Intraday Momentum IndicatorOverview
This indicator is designed to support discretionary traders by highlighting intraday momentum phases based on price behavior and trading session context.
It is intended as a confirmation tool and not as a standalone trading system or automated strategy.
Core Concept
The script combines multiple market observations, including:
- Directional price behavior within the current timeframe
- Structural consistency in recent price movement
- Session-based filtering to focus on periods with higher activity and liquidity
Signals are only displayed when internal conditions align, helping traders avoid low-quality setups during sideways or low-momentum market phases.
How to Use
This indicator should be used to confirm existing trade ideas rather than generate trades on its own.
It can help traders:
- Identify periods where momentum is more likely to continue
- Filter out trades during unfavorable market conditions
- Align intraday execution with higher-timeframe bias
Best results are achieved when used alongside key price levels, higher-timeframe structure and proper risk management.
Limitations
This indicator does not predict future price movements.
Signals may change during active candles.
Market conditions may reduce effectiveness during extremely low volatility periods.
Language Notice
The indicator’s user interface labels are displayed in German.
This English description is provided first to comply with TradingView community script publishing rules.
TradeAxis Trendlines [XAUUSD]Rule-based trendline framework for XAUUSD built specifically for intraday trendline traders on TradingView.
This script automatically maps filtered trendlines and uses several internal algorithms to evaluate and organize key structures. The indicator includes a range of settings so you can test what works best for your own approach, and it also provides a pre-tested configuration as a recommended starting point.
Important notes:
• Designed and tested for XAUUSD, 15-minute timeframe.
• The script does not execute trades or manage orders – it only plots structure.
• This is not financial or investment advice. All trading decisions and risk remain your responsibility.
This is an invite-only script.
Vdubus MacD Divergence Trend Break Signal Generator Vdubus Divergence Wave Theory v1
System Type: Momentum Trendline Breakout & Continuation Model Platform:
1. Executive Summary
The Vdubus Divergence Wave Theory v1 is a sophisticated trend-following and reversal strategy developed over a 10-year period. Unlike standard indicators that rely on simple crossovers, this system applies Price Action geometry (Trendlines) directly to Momentum (MACD).
PREVIOUS DIVERGENCE PROJECTS FUTURE TREND BREAKS/ REVERSALS !
The core philosophy is that momentum breaks trendlines before price does. By identifying compression in the MACD oscillator and trading the breakout of that compression, the system identifies high-probability entries for both Reversals and Trend Continuations.
2. Core Logic & Methodology
The indicator operates on three specific layers of logic:
A. The Engine (Modified MACD)
It utilizes a custom-tuned MACD (Moving Average Convergence Divergence) to smooth out noise while retaining responsiveness.
Fast Length: 12
Slow Length: 34 (Smoother than the standard 26)
Signal Smoothing: 5
B. Dynamic Trendline Projection (The "Divergence" Aspect)
The script uses a Pivot-based algorithm to mathematically identify peaks and troughs in momentum.
Resistance Projection: It identifies lower highs in the MACD (momentum is fading) and projects a red resistance line forward.
Support Projection: It identifies higher lows in the MACD (momentum is building) and projects a blue support line forward.
The Trigger: A signal is generated only when the MACD line physically crosses these invisible projected barriers.
C. The Wave Theory (Signal Classification)
The system distinguishes between "Reversals" and "Continuations" based on the Zero Line.
Below Zero: Considered "Bearish Territory." A break upward here is a Reversal.
Above Zero: Considered "Bullish Territory." A break upward here is Momentum Continuation (Overbought).
3. Signal Types & Visual Guide
The indicator outputs four distinct signals, color-coded for instant decision-making.
🟢 1. LONG (Standard Reversal)
Condition: MACD breaks a Resistance Trendline while Below Zero.
Meaning: Momentum has finished causing the price to drop and is reversing upward. This is often a "Buy the Bottom" signal.
Visuals: Green Box, Green "LONG" Label.
🔵 2. OB-CONT (Overbought Continuation)
Condition: MACD breaks a Resistance Trendline while Above Zero.
Meaning: The trend is already bullish, but momentum consolidated briefly before exploding higher. This indicates a "Second Wave" or trend continuation.
Visuals: Blue Box (Thick Border), Bright Blue "OB-CONT" Label.
🔴 3. SHORT (Standard Reversal)
Condition: MACD breaks a Support Trendline while Above Zero.
Meaning: Momentum has exhausted to the upside and is rolling over. This is often a "Sell the Top" signal.
Visuals: Red Box, Red "SHORT" Label.
🟠 4. OS-CONT (Oversold Continuation)
Condition: MACD breaks a Support Trendline while Below Zero.
Meaning: The trend is already bearish, but price paused briefly before dropping further. This indicates a "Waterfall" or trend continuation downward.
Visuals: Orange Box (Thick Border), Bright Orange "OS-CONT" Label.
4. Technical Settings (Inputs)
Users can adjust the sensitivity of the "Wave" detection:
Pivot Lookback Left (Default: 20): How many bars to the left the script checks to confirm a major peak/valley. Higher numbers = fewer, more significant signals. Lower numbers = more signals, potentially more noise.
Pivot Lookback Right (Default: 20): The confirmation period. A value of 20 ensures that the pivot used for the trendline is a significant structural point, not just a small blip.
5. Best Practices for Trading
The Box Break: The coloured box drawn around the signal represents the "Breakout Candle." A strong close outside this box often confirms the move.
Zero Line Authority: Pay attention to where the cross happens.
Crosses occurring near the Zero Line are often the most explosive, as they represent a full momentum shift.
Deep Continuation Signals (e.g., an OB-CONT very high up) should be treated with caution as the move might be exhausted.
Divergence Context: This tool is designed to visualize the breaking of divergence. When you see a Price making higher highs but the MACD making lower highs (Divergence), wait for the Red Line Break (Short Signal) to confirm the trade.
Easy Crypto Signal FREEAs you can see, the indicator is doing well, we'll see what happens next, I invite you to the discussion
APEX TREND: Macro & Hard Stop SystemAPEX TREND: Macro & Hard Stop System
The APEX TREND System is a composite trend-following strategy engineered to solve the "Whipsaw" problem inherent in standard breakout systems. It orchestrates four distinct technical theories—Macro Trend Filtering, Volatility Squeeze, Momentum, and Volatility Stop-Loss—into a single, hierarchical decision-making engine.
This script is not merely a collection of indicators; it is a rules-based trading system designed for Swing Traders (Day/Week timeframes) who aim to capture major trend extensions while strictly managing downside risk through a "Hard Stop" mechanism.
🧠 Underlying Concepts & Originality
Many trend indicators fail because they treat all price movements equally. The APEX TREND differentiates itself by applying an "Institutional Filter" logic derived from classic Dow Theory and Modern Volatility Analysis.
1. The Macro Hard Stop (The 200 EMA Logic)
Origin: Based on the institutional mandate that “Nothing good happens below the 200-day moving average.”
Function: Unlike standard super trends that flip constantly in sideways markets, this system integrates a 200-period Exponential Moving Average (EMA) as a non-negotiable "Hard Stop."
Synergy: This acts as the primary gatekeeper. Even if the volatility engine signals a "Buy," the system suppresses the signal if the price is below the Macro Baseline, effectively filtering out counter-trend traps.
2. The Volatility Engine (Squeeze Theory)
Origin: Derived from John Carter’s TTM Squeeze concept.
Function: The script identifies periods where Bollinger Bands (Standard Deviation) contract inside Keltner Channels (ATR). This indicates a period of potential energy build-up.
Synergy: The system only triggers an entry when this energy is released (Breakout) AND coincides with Linear Regression Momentum, ensuring the breakout is genuine.
3. Anti-Chop Filter (ADX Integration)
Origin: J. Welles Wilder’s Directional Movement Theory.
Function: A common failure point for trend systems is low-volatility chop. This script utilizes the Average Directional Index (ADX).
Synergy: If the ADX is below the threshold (Default: 20), the market is deemed "Choppy." The script visually represents this by painting candles GRAY, signaling a "No-Trade Zone" regardless of price action.
4. The "Run Trend" Stop Loss (Factor 4.0 ATR)
Origin: Adapted from the Turtle Trading rules regarding volatility-based stops.
Function: Standard Trailing Stops (usually Factor 3.0) are too tight for crypto or volatile equities on daily timeframes.
Optimization: This system employs a wider ATR Multiplier of 4.0. This allows the asset to fluctuate naturally within a trend without triggering a premature exit, maximizing the "Run Trend" potential.
🛠 How It Works (The Algorithm)
The script processes data in a specific order to generate a signal:
Check Macro Trend: Is Price > EMA 200? (If No, Longs are disabled).
Check Volatility: Is ADX > 20? (If No, all signals are disabled).
Check Volume: Is Current Volume > 1.2x Average Volume? (Confirmation of institutional participation).
Trigger: Has a Volatility Breakout occurred in the direction of the Macro Trend?
Execution: If ALL above are true -> Generate Signal.
🎯 Strategy Guide
1. Long Setup (Bullish)
Signal: Look for the Green "APEX LONG" Label.
Condition: The price must be ABOVE the White Line (EMA 200).
Execution: Enter at the close of the signal candle.
Stop Loss: Initial stop at the Green Trailing Line.
2. Short Setup (Bearish)
Signal: Look for the Red "APEX SHORT" Label.
Condition: The price must be BELOW the White Line (EMA 200).
Execution: Enter at the close of the signal candle.
Stop Loss: Initial stop at the Red Trailing Line.
3. Exit Rules (Crucial)
This system employs a Dual-Exit Mechanism:
Soft Exit (Profit Taking): Close the position if the price crosses the Trailing Stop Line (Green/Red line). This locks in profits during a trend reversal.
Hard Exit (Emergency): Close the position IMMEDIATELY if the price crosses the White EMA 200 Line against your trade. This prevents holding a position during a major market regime change.
⚙️ Settings
Momentum Engine: Adjust Bollinger Band/Keltner Channel lengths to tune breakout sensitivity.
Apex Filters: Toggle the EMA 200 or ADX filters on/off to adapt to different asset classes.
Risk Management: The ATR Multiplier (Default 4.0) controls the width of the trailing stop. Lower values = Tighter stops (Scalping); Higher values = Looser stops (Swing).
Disclaimer: This script is designed for trend-following on higher timeframes (4H, 1D, 1W). Please backtest on your specific asset before live trading.
Dynamic Support and Resistance with Trend LinesMain Purpose
The indicator identifies and visualizes dynamic support and resistance levels using multiple strategies, plus it includes trend analysis and trading signals.
Key Components:
1. Two Support/Resistance Strategies:
Strategy A: Matrix Climax
Identifies the top 10 (configurable) most significant support and resistance levels
Uses a "matrix" calculation method to find price levels where the market has historically reacted
Shows these as horizontal lines or zones on the chart
Strategy B: Volume Extremes
Finds support/resistance levels based on volume analysis
Looks for areas where extreme volume occurred, which often become key price levels
2. Two Trend Line Systems:
Trend Line 1: Pivot Span
Draws trend lines connecting pivot high and pivot low points
Uses configurable pivot parameters (left: 5, right: 5 bars)
Creates a channel showing the trend direction
Styled in pink/purple with dashed lines
Trend Line 2: 5-Point Channel
Creates a channel based on 5 pivot points
Provides another perspective on trend direction
Solid lines in pink/purple
3. Trading Signals:
Buy Signal: Triggers when Fast EMA (9-period) crosses above Slow EMA (21-period)
Sell Signal: Triggers when Fast EMA crosses below Slow EMA
Displays visual shapes (labels) on the chart
Includes alert conditions you can set up in TradingView
4. Visual Features:
Dashboard: Shows key information in a table (top-right by default)
Visual Matrix Map: Displays a heat map of support/resistance zones
Color themes: Dark Mode or Light Mode
Timezone adjustment: For accurate time display
5. Customization Options:
Universal lookback length (100 bars default)
Projection bars (26 bars forward)
Adjustable transparency for different elements
Multiple calculation methods available
Fully customizable colors and line styles
What Traders Use This For:
Entry/Exit Points: The EMA crossovers provide clear buy/sell signals
Risk Management: Support/resistance levels help set stop-losses and take-profit targets
Trend Confirmation: Multiple trend lines confirm trend direction
Key Price Levels: Identifies where price is likely to react (bounce or break through)
The indicator is quite feature-rich and combines technical analysis elements (pivots, EMAs, volume, support/resistance) into one comprehensive tool for trading decisions.
Long-Term Strategy: 1-Year Breakout + 6-Month ExitDescripción (Description): (Copia y pega todo lo que está dentro del recuadro de abajo)
Description
This is a long-term trend-following strategy designed to capture major market moves while filtering out short-term noise. It is based on the classic principle of "buying strength" (Breakouts) and allowing profits to run, while cutting losses when the medium-term trend reverses.
How it Works (Logic)
1. Entry Condition (Long Only): The strategy looks for a significant display of strength. It enters a Long position only when two conditions are met simultaneously:
Price Breakout: The closing price exceeds the highest high of the last 252 trading days (approximately 1 year). This ensures we are entering during a strong momentum phase.
Trend Filter: The SuperTrend indicator (Settings: ATR 10, Factor 3.0) must be bullish. This acts as a confirmation filter to avoid false breakouts in choppy markets.
2. Exit Condition: The strategy uses a trailing stop based on price action, not a fixed percentage.
It closes the position when the price closes below the lowest low of the last 126 trading days (approximately 6 months).
This wide exit allows the trade to "breathe" during normal market corrections without exiting the position prematurely.
Settings & Risk Management
Capital Usage: The script is configured to use 10% of equity per trade to reflect realistic risk management (compounding).
Commissions: Included at 0.1% to simulate real trading costs.
Slippage: Included (3 ticks) to account for market execution variability.
Best Use: This strategy is intended for higher timeframes (Daily or Weekly) on trending assets like Indices, Crypto, or Commodities.
QuantMotions - TPR Sentinel LineTPR Sentinel Line is an advanced adaptive Support/Resistance system that combines multi-layered trend analysis with a directional Time-Price Ratio (TPR) engine. The indicator dynamically builds a stabilized support or resistance line that adjusts to market volatility, trend strength, ATR expansion and contraction, and real-time slope changes.
This creates a high-precision, self-adjusting trend barrier that acts as support in uptrends, resistance in downtrends, and a neutral anchor during sideways phases.
Key Features
✔ Adaptive Trend Base
- A composite trend model blending:
- Kijun-style midpoint
- Donchian midline
- SMA & EMA smoothing
This creates a stable baseline that reacts smoothly but reliably to structural trend shifts.
✔ Directional TPR Calculation
The indicator measures slope across short, medium, and long trend windows, normalizes it with ATR, and determines:
- Trend direction
- Trend strength
- Momentum quality
✔ Dynamic Support/Resistance Line
Depending on trend direction:
- In uptrends → the line becomes adaptive support
- In downtrends → the line becomes adaptive resistance
- In neutral phases → the line centers around the smoothed trend base
A built-in lag factor prevents unrealistic jumps and keeps the level stable.
✔ Automatic Support/Resistance Zones
The indicator expands the main line into upper and lower zones based on ATR and trend strength, creating a dynamic volatility envelope around the trend structure.
✔ Signals & Alerts
- Support bounce
- Resistance rejection
- Breakouts above/below the dynamic line
These events help identify high-probability continuation or reversal moments.
✔ Information Panel
A real-time status table displays:
- Trend direction
- Trend strength
- Current S/R level
🎯 Ideal For
- Precision entries on pullbacks
- Detecting trend shifts earlier
- Identifying strong or weak trend phases
- Adaptive take-profit and stop-loss zones
- Filtering false breakouts
💡 Summary
TPR Sentinel Line gives you a living, breathing support/resistance structure that evolves with the market.
Instead of relying on static levels, you get a continuously adapting trend barrier that reflects real strength, real volatility, and real momentum.
A powerful tool for traders who want structure, clarity, and trend confidence.
Scaling_mastery:Free TrendlinesScaling_mastery Trendlines is a clean, trading-ready smart trendline tool built for the Scaling_mastery community.
It automatically finds swing highs/lows and draws dynamic trendlines or channels that stay locked to price, on any symbol and any timeframe.
🔧 Modes
Trendline type
Wicks – classic trendlines anchored on candle wicks (high/low).
Bodies – trendlines anchored on candle bodies (open/close), great for closing structure.
Channel – 3-line channel:
outer lines form a band around price
middle line runs through the centre of the channel
thickness is adjustable (Small / Medium / Large).
Trend strength
Controls how strong the pivots must be to form a line.
Weak → more lines, reacts faster.
Medium → balanced, good for most pairs.
Strong → only the cleanest swings, higher-probability trendlines.
🎨 Visual controls
Max support / resistance lines – cap how many lines are kept on chart.
Show broken lines – hide broken trendlines or keep them for structure history.
Extend lines – None / Right / Both.
Support / Resistance colors – separate colors for active vs broken.
Channel thickness – Small / Medium / Large (0.5% / 1% / 2% of price).
Channel outer lines – color for channel edges.
Channel middle line – color + style (dotted / dashed / solid).
Broken lines are automatically faded + dotted, so you can instantly see what’s still respected and what’s already been taken out.
🧠 How to use
Add the indicator to any chart.
Start with:
Trendline type: Wicks
Trend strength: Strong
Max lines: 1–2 for both support & resistance
Once you like the behavior, experiment with:
Switching between Wicks / Bodies / Channel
Adjusting Channel thickness and Trend strength
Use the lines as a visual confluence tool with your own strategy:
HTF trend direction
LTF entries / retests
Liquidity grabs around broken lines
This script doesn’t generate entries or risk management – it’s designed to give you clean, reliable structure so you can execute your own edge.
⚠️ Disclaimer
This tool is for educational and visual purposes only and is not financial advice.
Always do your own research and manage risk.
Draw Trendline with Breakout by Pooja🌟 Draw Trendline with Breakout by Pooja
Draw Trendline with Breakout by Pooja
✨ A smart & clean auto–trendline tool that detects swings, plots dynamic trendlines, and highlights real-time breakouts — designed for intraday, swing & positional traders.
Indicator intelligently reads market structure using objective statistical calculations (ATR / Stdev / LinReg) and gives you clarity on trend direction, structural shifts, and breakout opportunities.
Works on Stocks • Indian Stock Market • Crypto • Forex • Commodities
Suitable for Scalping • Day Trading • Swing Trading
🔥 Key Features
🔹 Auto Trendline Detection
Auto-detects swing highs/lows
Draws adaptive upper & lower trendlines
No manual drawing required
🔹 Dynamic Slope Engine
Choose from 3 professional slope methods:
📏 ATR Mode – volatility-adaptive
📊 Stdev Mode – statistical noise filtering
📐 Linear Regression Mode – structural slope mapping
🔹 Real-Time Breakout Signals
⚡ Instant breakout markers (Up/Down)
🔔 Alert support for both breakout types
Helps catch trend continuation & reversals early
🔹 Extended Projection Lines
➡️ Projects trendlines forward
🎯 Helps identify possible future reaction zones
🔹 Backpaint Control
🧩 Optional historical offset display
Great for forward testing & clean charts
🔹 Flexible Customization
Swing length
Colors
Slope sensitivity
Extended line visibility
📈 How to Use
Apply indicator
Set swing length based on volatility
Choose slope mode (ATR/Stdev/LinReg)
Observe auto trendlines
Watch for breakout markers
Set alerts for faster entries
Best used together with:
📌 Support & Resistance
📉 Price Action
🧭 Market Structure
🔊 Volume
💡 Why Traders Like It
Clean & lag-free structure mapping
Zero manual drawing
Breakouts are visually clear
Works on all assets & timeframes
⚠️ Disclaimer
This indicator is a technical analysis tool meant for charting assistance.
It does not guarantee profits or predict markets with certainty.
Always combine with your own analysis and proper risk management.
Past performance ≠ future results.
Trendviewer_Auctheo.Trendviewer 240 is built for traders who want clearer structure and fewer false starts. It reads higher-timeframe trend strength and turns it into a simple visual map on your active chart. You get precise directional bias, dynamic stop zones that adapt to current volatility, and optional filters that help you stay aligned with momentum instead of fighting it.
The script highlights areas where the trend is shifting, shows you when conditions are supportive for entries, and manages exits using a mix of adaptive levels and tiered targets. Everything is designed to keep your decision-making clean without cluttering the chart or revealing unnecessary details.
If you trade with the higher timeframe in mind but want the execution on the lower timeframe to feel controlled and confident, this tool will fit right in.
Please for free to contact us @theauctiontheorist@gmail.com
Trend Line Methods (TLM)Trend Line Methods (TLM)
Overview
Trend Line Methods (TLM) is a visual study designed to help traders explore trend structure using two complementary, auto-drawn trend channels. The script focuses on how price interacts with rising or falling boundaries over time. It does not generate trade signals or manage risk; its purpose is to support discretionary chart analysis.
Method 1 – Pivot Span Trendline
The Pivot Span Trendline method builds a dynamic channel from major swing points detected by pivot highs and pivot lows.
• The script tracks a configurable number of recent pivot highs and lows.
• From the oldest and most recent stored pivot highs, it draws an upper trend line.
• From the oldest and most recent stored pivot lows, it draws a lower trend line.
• An optional filled area can be drawn between the two lines to highlight the active trend span.
As new pivots form, the lines are recalculated so that the channel evolves with market structure. This method is useful for visualising how price respects a trend corridor defined directly by swing points.
Method 2 – 5-Point Straight Channel
The 5-Point Straight Channel method approximates a straight trend channel using five key points extracted from a fixed lookback window.
Within the selected window:
• The window is divided into five segments of similar length.
• In each segment, the highest high is used as a representative high point.
• In each segment, the lowest low is used as a representative low point.
• A straight regression-style line is fitted through the five high points to form the upper boundary.
• A second straight line is fitted through the five low points to form the lower boundary.
The result is a pair of straight lines that describe the overall directional channel of price over the chosen window. Compared to Method 1, this approach is less focused on the very latest swings and more on the broader slope of the market.
Inputs & Menus
Pivot Span Trendline group (Method 1)
• Enable Pivot Span Trendline – Turns Method 1 on or off.
• High trend line color / Low trend line color – Colors of the upper and lower trend lines.
• Fill color between trend lines – Base color used to shade the area between the two lines. Transparency is controlled internally.
• Trend line thickness – Line width for both high and low trend lines.
• Trend line style – Line style (solid, dashed, or dotted).
• Pivot Left / Pivot Right – Number of bars to the left and right used to confirm pivot highs and lows. Larger values produce fewer but more significant swing points.
• Pivot Count – How many historical pivot points are kept for constructing the trend lines.
• Lookback Length – Number of bars used to keep pivots in range and to extend the trend lines across the chart.
5-Point Straight Channel group (Method 2)
• Enable 5-Point Straight Channel – Turns Method 2 on or off.
• High channel line color / Low channel line color – Colors of the upper and lower channel lines.
• Channel line thickness – Line width for both channel lines.
• Channel line style – Line style (solid, dashed, or dotted).
• Channel Length (bars) – Lookback window used to divide price into five segments and build the straight high/low channel.
Using Both Methods Together
Both methods are designed to visualise the same underlying idea: price tends to move inside rising or falling channels. Method 1 emphasises the most recent swing structure via pivot points, while Method 2 summarises the broader channel over a fixed window.
When the Pivot Span Trendline corridor and the 5-Point Straight Channel boundaries align or intersect, they can highlight zones where multiple ways of drawing trend lines point to similar support or resistance areas. Traders can use these confluence zones as a visual reference when planning their own entries, exits, or risk levels, according to their personal trading plan.
Notes
• This script is meant as an educational and analytical tool for studying trend lines and channels.
• It does not generate trading signals and does not replace independent analysis or risk management.
• The behaviour of both methods is timeframe- and symbol-agnostic; they will adapt to whichever chart you apply them to.
Slope Rank ReversalThis tool is designed to solve the fundamental problem of "buying low and selling high" by providing objective entry/exit signals based on momentum extremes and inflection points.
The System employs three core components:
Trend Detection (PSAR): The Parabolic SAR is used as a filter to confirm that a trend reversal or transition is currently underway, isolating actionable trade setups.
Dynamic Momentum Ranking: The indicator continuously measures the slope of the price action. This slope is then ranked against historical data to objectively identify when an asset is in an extreme state (overbought or oversold).
Signal Generation (Inflection Points):
Oversold/Buy: A 🟢 Green X is generated only when the slope ranking indicates the market is steeply negative (oversold), and the slope value begins to tick upwards (the inflection point), signaling potential mean reversion.
Overbought/Sell: A 🔴 Red X is generated only when the slope ranking indicates the market is steeply positive (overbought), and the slope value begins to tick downwards, signaling momentum exhaustion.
The core philosophy is simple: Enter only when the market is exhausted and has started to turn.
ORB Pro SuiteOverview
ORB Pro with Filters + Debug Overlay is an advanced Opening Range Breakout indicator designed for precision intraday trading. It defines a configurable ORB window, automatically builds the breakout range, and triggers long or short signals only when all active filters align. The script also includes a built-in debug overlay that explains why each breakout is accepted or blocked, allowing traders to fine-tune entries with transparency.
What Makes It Unique
• Modular filter stack – close-confirmation vs. instant breaks, retest confirmation with adjustable tolerance %, volume-spike and EMA-trend filters, ORB-size range, session cutoff, and cooldown logic.
• Non-blocking debug overlay – inline or corner display of the exact rejection reason (“Too late,” “Low volume,” “Trend mismatch,” etc.).
• Fully customizable visuals – choose shaded, outline, or line-only ORB styles; set opacity, border color, and right-edge offset so the box never hides current candles.
• Integrated reversal engine – detects doji, hammer, and engulfing structures within a time-filtered window and optional VWAP/EMA confluence.
How It Works
During the defined opening window (default 9:30 – 9:45 NY), the indicator records the session high and low.
After the box closes, it looks for breakouts confirmed by candle close or retest (per user settings).
Each signal passes through range, volume, trend, time-delay, and session filters before printing.
Visual stop-loss / take-profit levels appear for reference using either R:R multiples or fixed %.
The optional reversal layer marks short-term exhaustion zones for counter-scalp setups.
Usage Guidelines
• Apply to standard candlestick charts (not Heikin Ashi, Renko, or Range).
• Select your local ORB start / end time, then enable or disable filters based on your playbook.
• Use the “Outline only” or “Corner table” debug modes for a cleaner chart.
• The script provides visual and alert-based confirmations only; it does not execute orders or backtest performance.
Inputs at a Glance
– ORB window (start/end time)
– Close-confirm toggle
– Retest tolerance %
– Volume SMA length
– EMA length for trend filter
– Min/Max range % filter
– Cooldown bars and session cutoff
– Visual R:R ratio or fixed SL/TP %
– Box style, opacity, border width / color
– Debug overlay mode (inline or table) and leader lines
Notes & Disclaimers
• This script is for analysis and educational purposes only. It does not constitute financial advice or guarantee performance.
• Signals are calculated on completed bars without lookahead.
• Invite-only access ensures version integrity and controlled distribution.
© Trades with B – Original development in Pine v6. Reuse of this code requires explicit permission from the author.
Trendlines with Breaks Oscillator [LuxAlgo]The Trendlines with Breaks Oscillator is an oscillator based on the Trendlines with Breaks indicator, and tracks the maximum distance on price from bullish and bearish trendline breakouts.
The oscillator features divergences and trendline breakout detection.
🔶 USAGE
This tool is based on our Trendlines with Breaks indicator, which detects bullish and bearish trendlines and highlights the breaks on the chart. Now, we bring you this tool as an oscillator.
The oscillator calculates the maximum distance between the price and the break of each trendline, for both bullish and bearish cases, then calculates the delta between both.
When the oscillator is above 0, the market is in an uptrend; when it is below 0, it is in a downtrend. An ascending slope indicates positive momentum, and a descending slope indicates negative momentum.
Trendline breaks are displayed as green and red dots on the oscillator. A green dot corresponds to a bullish break of a descending trendline, and a red dot corresponds to a bearish break of an ascending trendline.
The oscillator calculation depends on two parameters from the settings panel: short and long alpha length. These parameters are used to calculate a synthetic EMA with a variable alpha for both bullish and bearish breaks. The final result is the difference between the two averages.
As shown in the image, using the same trend detection parameters but different alphas can produce very different results. The larger the alphas, the smoother the oscillator becomes, detecting bigger trends but making it less reactive.
This tool features the same trendline detection system as the Trendlines with Breaks indicator, which is based on three main parameters: swing length, slope, and calculation method.
As we can see in the image above, the data collected for the oscillator calculation will be different when using different parameters. A larger length detects larger trends. A larger slope or a different calculation method also impacts the final result.
🔹 Signal Line
The signal line is a smoothed version of the oscillator; traders can choose the smoothing method and length used from the settings panel.
In the image, the signal line crossings are displayed as vertical lines. As we can see, the market usually corrects downward after a bearish crossing and corrects upward after a bullish crossing.
Traders can choose among 10 different smoothing methods for the signal line. In the image, we can see how different methods and lengths give different outputs.
🔹 Divergences
The tool features a divergence detector that helps traders understand the strength behind price movements. Traders can adjust the detection length from the settings panel.
As shown in the image, a bearish divergence occurs when the price prints higher highs, but the momentum on the histogram prints lower highs. A bullish divergence occurs when the price prints lower lows, but the histogram prints higher lows.
By adjusting the length of the divergence detector, traders can filter out smaller divergences, allowing the tool to only detect more significant ones.
The image above depicts divergences detected with different lengths; the larger the length, the bigger the divergences are detected.
🔶 SETTINGS
🔹 Trendlines
Swing Detection Lookback: The size of the market structure used for trendline detection.
Slope: Slope steepness, a value of 0 gives horizontal levels, values larger than 1 give a steeper slope
Slope Calculation Method: Choose how the slope is calculated
🔹 Oscillator
Short Alpha Length: Synthetic EMA short period
Long Alpha Length: Synthetic EMA long period
Smoothing Signal: Choose the smoothing method and period
Divergences: Enable or disable divergences and select the detection length.
🔹 Style
Bullish: Select bullish color.
Bearish: Select bearish color.
AshokTrendThe AshokTrend indicator uses a combination of trendline logic and pivot high/low detection to signal possible BUY and SELL trades based on price action and structural breakouts.
### Buy/Sell Signal Logic
- **Buy Trade Signal**: It identifies local pivot lows using a lookback period, then checks multiple conditions comparing current and previous pivot values to validate a breakout. If conditions are met, triangle-up shapes are plotted below bars to indicate a possible long trade, and trendlines are drawn connecting pivots for visual confirmation.
- **Sell Trade Signal**: It locates pivot highs, applies similar multi-point checks, and confirms breakdowns in structure. Upon a valid signal, triangle-down shapes are plotted above bars to indicate a possible short trade, with corresponding trendlines marking pivot connections.
### Structural Confirmation
- Both buy and sell signals require the breakout/breakdown to be visually confirmed via the movement and steepness (slope) of custom lines that represent price momentum between pivots. Lines are updated or deleted if price fails the required strength, ensuring signals are filtered for validity.
### Alert and Analysis Details
- **Alerts**: Plotted shapes (triangle up for buy, triangle down for sell) can be used for automated alerts, integrating with platform alert conditions for strategy automation.
- **Analysis**: The indicator incorporates logic for cleaning up invalid signals and pruning trendlines when a reversal is detected, increasing reliability of entries and exits for both buy and sell trades.
### Key Settings for Customization
- Lookback period, padding, and color settings allow the user to tune signal frequency and visual appearance according to specific trading needs.
### Summary Table
| Signal Type | Visual Mark | Pivot Reference | Trendline Confirmation | Filtering Logic |
|----------------------|--------------|-----------------|-----------------------|-------------------------------|
| BUY | Triangle Up | Pivot Low | Slope & multi-point | Valid breakout only |
| SELL | Triangle Down| Pivot High | Slope & multi-point | Valid breakdown only |
This approach ensures that only structurally strong breakout-based trades are considered, pruning false signals in real-time for improved consistency in automated or manual trade analysis
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Disclaimer - This post is created for only Learning Purpose. Every Charts, Trade Ideas, Buy & Sell Levels and Updates are Provided For Learning Purpose Only . We Do Not Provide Any Buy And Sell Signals Tips. We are Not SEBI Registered .Do Always Calculate Your risk Before Taking the Trade And consult your Financial Advisor Before taking any Trade. Thank You
Session Breakout, Retest, Reversal + Large Move Alert# Script Description for Publication
## Script Name
**Session Breakout, Retest, Reversal + Large Move Alert**
## Short Description
A professional trading indicator that identifies session breakouts, failed retests, and large intraday price movements across any futures contract with real-time alerts and visual markers.
## Long Description
This comprehensive indicator combines session analysis with dynamic move detection, designed for active traders monitoring ES, NQ, GC, CL, and other futures contracts.
**Core Features:**
**Session Tracking:**
Automatically identifies and marks daily session breakouts and failed retests based on user-defined session times and timezones. The indicator draws visual boxes showing session highs (PH) and lows (PL), with labels marking breakout (BO) and retest failure (RF) points.
**Dynamic Large Move Detection:**
Monitors candles on any chart interval for significant price movements. The threshold is fully customizable per futures contract (default 15 points for ES/NQ/GC). When a candle closes with a move exceeding the threshold, the indicator displays a "BO" label with the exact move size and current chart timeframe.
**Real-Time Alerts:**
Triggers active alerts whenever large moves are detected, allowing traders to receive instant notifications via TradingView's alert system for timely entry or exit opportunities.
**Multi-Timeframe Compatible:**
Works seamlessly on any chart interval (1-minute through daily and beyond) without manual adjustments. The detection threshold automatically applies to the current chart's candles, with labels displaying the active timeframe.
**Universal Futures Support:**
Configurable for any futures contract by adjusting the point threshold input parameter based on each contract's typical volatility.
## Key Inputs
| Input | Default | Purpose |
|-------|---------|---------|
| Session Time | 0400-0930 | Defines trading session hours (pre-market session) |
| Session Timezone | America/New_York | Sets timezone for session detection |
| Point Move Threshold | 15.0 | Minimum point move to trigger alert (adjust per futures: ES=15, GC=15, CL=1.5) |
## How to Use
1. **Add to Chart:** Search for this indicator in TradingView and add it to your futures chart (ES, NQ, GC, CL, etc.)
2. **Configure Inputs:**
- Set session start/end times for your preferred trading session
- Adjust point threshold based on your futures contract
- Verify timezone matches your trading location
3. **Create Alerts:**
- Click "Create Alert" on the chart
- Select "Large Move Alert" from the condition dropdown
- Choose notification method (push, email, or SMS)
- Set desired frequency
4. **Monitor Moves:**
- Watch for "BO" labels appearing on confirmed candles
- Each label shows the threshold value and actual move size
- Combine with your existing trading strategy for confirmation
## Visual Elements
- **Session Box:** Blue shaded area showing session high/low range
- **PH Label:** Green label marking session high (pivot high)
- **PL Label:** Red label marking session low (pivot low)
- **BO ↑/↓ Labels:** Lime/red labels marking session breakouts
- **RF Labels:** Yellow/orange labels marking failed retests
- **Large Move Labels:** Green (bullish) or red (bearish) labels showing threshold breaches with move size
## Ideal For
- Scalpers monitoring quick intraday moves
- Day traders tracking pre-market breakouts
- Futures traders on ES, NQ, GC, CL, and other contracts
- Multi-timeframe traders watching various chart intervals simultaneously
- Alert-based automated trading systems
## Technical Details
- **Pine Script Version:** 5
- **Overlay:** Yes (displays on price chart)
- **Historical Buffer:** 5000 bars (supports 1-minute and lower timeframes)
- **Compatibility:** All futures contracts and chart intervals
## Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice. Users should conduct their own research and consult with financial professionals before making trading decisions. Past performance does not guarantee future results.
---
Adaptive Trend Breaks Adaptive Trend Breaks
## WHAT IT DOES
This script is a modified and enhanced version of "Trendline Breakouts With Targets" concept by ChartPrime.
Adaptive Trend Breaks (ATB) is a trendline breakout system optimized for scalping liquid futures contracts. The indicator automatically draws dynamic support and resistance trendlines based on pivot points, then generates trade signals when price breaks through these levels with confirmation filters. It includes automated target and stop-loss placement with real-time P&L tracking in dollars.
## HOW IT WORKS
**Trendline Detection Method:**
The indicator uses pivot high/low detection to identify significant price turning points. When a new pivot forms, it calculates the slope between consecutive pivots to draw dynamic trendlines. These lines extend forward based on the established trend angle, creating actionable support and resistance zones.
**Band System:**
Around each trendline, the script creates a "band" using a volatility-adjusted calculation: `ATR(14) * 0.2 * bandwidth multiplier / 2`. This adaptive band accounts for current market conditions - wider during volatile periods, tighter during quiet markets.
**Breakout Logic:**
A breakout signal triggers when:
1. Price closes beyond the trendline + band zone
2. Volume exceeds the 20-period moving average by your set multiplier (default 1.2x)
3. Price is within Regular Trading Hours (9:30-16:00 EST) if session filter enabled
4. Current ATR meets minimum volatility threshold (prevents trading dead markets)
**Target & Stop Calculation:**
Upon breakout confirmation:
- **Entry**: Trendline breach point
- **Target**: Entry ± (bandwidth × target multiplier) - default 8x for quick scalps
- **Stop**: Entry ± (bandwidth × stop multiplier) - default 8x for 1:1 risk/reward
- Multipliers adjust automatically to market volatility through the ATR-based band
**P&L Conversion:**
The script converts point movements to dollars using:
```
Dollar P&L = (Price Points × Contract Point Value × Quantity)
```
For example, a 10-point NQ move with 2 contracts = 10 × $20 × 2 = $400
## HOW TO USE IT
**Setup:**
1. Select your instrument (NQ/ES/YM/RTY) - point values auto-configure
2. Set contract quantity for accurate dollar P&L
3. Choose pivot period (lower = more signals but more noise, default 5 for scalping)
4. Adjust bandwidth multiplier if trendlines are too tight/loose (1-5 range)
**Filters Configuration:**
- **Volume Filter**: Requires breakout volume > moving average × multiplier. Increase multiplier (1.5-2.0) for higher conviction trades
- **Session Filter**: Enable to trade only RTH. Disable for 24-hour trading
- **ATR Filter**: Prevents signals during low volatility. Increase minimum % for more active markets only
**Risk Management:**
- Set target/stop multipliers based on your risk tolerance
- 8x bandwidth = approximately 1:1 risk/reward for most liquid futures
- Enable trailing stops for trend-following approach (moves stop to protect profits)
- Adjust line length to see targets further into the future
**Statistics Table:**
- Choose timeframe to analyze: all-time, today, this week, custom days
- Monitor win rate, profit factor, and net P&L in dollars
- Track long vs short performance separately
- See real-time unrealized P&L on active trades
**Reading Signals:**
- **Green triangle below bar** = Long breakout (resistance broken)
- **Red triangle above bar** = Short breakout (support broken)
- **White dashed line** = Entry price
- **Orange line** = Take profit target with dollar value
- **Red line** = Stop loss with dollar value
- **Green checkmark (✓)** = Target hit, winning trade
- **Red X (✗)** = Stop hit, losing trade
## WHAT IT DOES NOT DO
**Limitations to Understand:**
- Does not predict future trendline formations - it reacts to breakouts after they occur
- Historical trendlines disappear after breakout (not kept on chart for clarity)
- Requires sufficient volatility - may not signal in extremely quiet markets
- Volume filter requires exchange volume data (not available on all symbols)
- Statistics are indicator-based simulations, not actual trading results
- Does not account for slippage, commissions, or order fills
## BEST PRACTICES
**Recommended Settings by Market:**
- **NQ (Nasdaq)**: Default settings work well, consider volume multiplier 1.3-1.5
- **ES (S&P 500)**: Slightly slower, try period 7-8, volume 1.2
- **YM (Dow)**: Lower volatility, reduce bandwidth to 1.5-2
- **RTY (Russell)**: Higher volatility, increase bandwidth to 3-4
**Risk Management:**
- Never risk more than 2-3% of account per trade
- Use contract quantity calculator: Max Risk $ ÷ (Stop Distance × Point Value)
- Start with 1 contract while learning the system
- Backtest your specific timeframe and instrument before live trading
**Optimization Tips:**
- Increase pivot period (7-10) for fewer but higher-quality signals
- Raise volume multiplier (1.5-2.0) in choppy markets
- Lower target/stop multipliers (5-6x) for tighter profit taking
- Use trailing stops in strong trending conditions
- Disable session filter for overnight gaps and Asia session moves
## TECHNICAL DETAILS
**Key Calculations:**
- Pivot Detection: `ta.pivothigh(high, period, period/2)` and `ta.pivotlow(low, period, period/2)`
- Slope Calculation: `(newPivot - oldPivot) / (newTime - oldTime)`
- Adaptive Band: `min(ATR(14) * 0.2, close * 0.002) * multiplier / 2`
- Breakout Confirmation: Price crosses trendline + 10% of band threshold
**Data Requirements:**
- Minimum bars in view: 500 for proper pivot calculation
- Volume data required for volume filter accuracy
- Intraday timeframes recommended (1min - 15min) for scalping
- Works on any timeframe but optimized for fast execution
**Performance Metrics:**
All statistics calculate based on indicator signals:
- Tracks every signal as a trade from entry to TP/SL
- P&L in actual contract dollar values
- Win rate = (Winning trades / Total trades) × 100
- Profit factor = Gross profit / Gross loss
- Separates long/short performance for bias analysis
## IDEAL FOR
- Futures scalpers and day traders
- Traders who prefer visual trendline breakouts
- Those wanting automated TP/SL placement
- Traders tracking performance in dollar terms
- Multiple timeframe analysis (compare 1min vs 5min signals)
## NOT SUITABLE FOR
- Swing trading (targets too close)
- Stocks/forex without modifying point values
- Extremely low timeframes (<30 seconds) - too much noise
- Markets without volume data if using volume filter
- Illiquid contracts (signals may not execute at shown prices)
---
**Settings Summary:**
- Core: Period, bandwidth, extension, trendline style
- Filters: Volume, RTH session, ATR volatility
- Risk: R:R ratio, target/stop multipliers, trailing stop
- Display: Stats table position, size, colors
- Stats: Timeframe selection (all-time to custom days)
**License:** This indicator is published open-source under Mozilla Public License 2.0. You may use and modify the code with proper attribution.
**Disclaimer:** This indicator is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and test thoroughly before live trading.
---
## CREDITS & ATTRIBUTION
This script builds upon the "Trendline Breakouts With Targets" concept by ChartPrime with significant enhancements:
**Major Improvements Added:**
- **Futures-Specific Calculations**: Automated dollar P&L conversion using actual contract point values (NQ=$20, ES=$50, YM=$5, RTY=$50)
- **Advanced Statistics Engine**: Comprehensive performance tracking with customizable timeframe analysis (today, week, month, custom ranges)
- **Multi-Layer Filtering System**: Volume confirmation, RTH session filter, and ATR volatility filter to reduce false signals
- **Professional Trade Management**: Enhanced visual trade tracking with separate TP/SL lines, dollar value labels, and optional trailing stops
- **Optimized for Scalping**: Faster pivot periods (5 vs 10), tighter bands, and reduced extension bars for quick entries
Original trendline detection methodology by ChartPrime - used with modification under Mozilla Public License 2.0.
Smart Breakout Detector: Trendline Retest & Angle FilteringDetect trendline breakouts with two important filtering controls: retest validation and angle filtering. Require multiple price retests (2-4 touches) before a trendline is considered valid, eliminating weak single-touch lines. Set precise angle limits to filter out unreliable steep or shallow trendlines. Three independent timeframe sets (fast/medium/slow) with customizable pivot lengths allow you to get low risk entry point for both short-term and major trend continuations/reversals.
═══════════════════════════════════════════
CORE METHODOLOGY
═══════════════════════════════════════════
This indicator identifies trendline breakouts using two configurable filtering parameters that are uncommon in publicly available indicators:
1. RETEST VALIDATION
Requires a specified number of price touches (2-4) before considering a trendline valid. This reduces false signals from randomly aligned single-touch lines. Higher thresholds decrease signal frequency while increasing reliability.
2. ANGLE FILTERING
Applies maximum angle constraints (0-20) to trendlines independently for resistance and support, both upward and downward slopes. This filters trendlines with extreme angles that typically lack predictive value.
═══════════════════════════════════════════
TECHNICAL IMPLEMENTATION
═══════════════════════════════════════════
DETECTION ALGORITHM:
1. Identifies pivot highs/lows using configurable lookback periods
2. Connects pivots within ATR-based proximity threshold
3. Validates trendlines only after minimum retest requirement is met
4. Applies angle constraints using arctangent calculations
5. Verifies no price penetration occurred between pivot points
6. Triggers breakout signals when price breaches validated lines
THREE INDEPENDENT TREND LINE BANKS:
The indicator operates three parallel detection systems with separate parameters:
- Level Set A: Short pivot periods (default 5 bars)
- Level Set B: Medium pivot periods (default 10 bars)
- Level Set C: Long pivot periods (default 6 bars)
Each system maintains independent arrays of resistance and support lines.
ADAPTIVE COMPONENTS:
- Proximity tolerance scales with ATR(40) to accommodate volatility
- Angle thresholds adjust using combined absolute and percentage ATR factors
- Line lifespan configurable by bar count (default 180/200/300 bars per set)
══════════════════════════════════════════
USE CASES
══════════════════════════════════════════
Appropriate for:
- Filtering breakout candidates by reliability metrics
- Multi-timeframe trendline analysis
- Automated breakout monitoring
- Reducing chart noise from weak trendlines
Not appropriate for:
- Range-bound or highly choppy markets
- Instruments with insufficient historical data
- Strategies requiring predictive (non-historical) trendlines
Hybrid Trend Line-J-AlgoOverview
The Hybrid Trend Line-J-Algo is an advanced multi-layered trendline detection system that identifies market trends across three distinct timeframes simultaneously. This indicator combines confirmed, developing, and real-time trend analysis to provide traders with a comprehensive view of market structure and momentum shifts.
Key Features
[✅ Three-Tier Trend Detection System:
Confirmed Trendlines (⚡T💧/⚡T🩸) - High-probability, established trends with 20-period confirmation
Developing Trendlines (⚡D💧/⚡D🩸) - Emerging trends with 8-period detection for early entries
Real-Time Trendlines (⚡R💧/⚡R🩸) - Immediate trend identification with minimal lag (10-period lookback)
✅ Visual Channel System:
Gradient-filled channels between trendlines and parallel support/resistance zones
Adjustable channel padding for volatility-based spacing
Color-coded bullish (blue/teal/lime) and bearish (gray/red/orange) trends
✅ Customizable Display:
Toggle each trendline type independently
Adjustable detection lengths for all three systems
Custom colors and label sizes
Optional gradient fills or solid colors
✅ Smart Trendline Management:
Automatic trendline extension to current price
Pivot-based detection for accurate swing points
Dynamic slope calculations
Labeled indicators for easy trend identification
How It Works
Confirmed Trendlines use pivot highs/lows with a 20-bar lookback to identify well-established trends. These represent the most reliable trend structure and are ideal for position trading and trend confirmation.
Developing Trendlines employ an 8-bar detection period to catch trends as they form. These provide earlier signals than confirmed lines, making them suitable for swing trading and anticipating trend continuations.
Real-Time Trendlines track the most recent price action with minimal lag, connecting recent highs and lows to identify immediate momentum shifts. Perfect for intraday trading and quick reversals.
Best Use Cases
📈 Trend Following - Align trades with confirmed trendlines for high-probability setups
📉 Early Entry Detection - Use developing trendlines to enter before the crowd
⚡ Scalping & Day Trading - Real-time trendlines provide instant trend direction
🎯 Multi-Timeframe Analysis - View all three trend layers simultaneously for confluence
Settings Guide
Confirmed Trend Lines:
Detection Length: 20 (default) - Higher = fewer, stronger signals
Colors: Customizable bullish/bearish
Developing Trend Lines:
Detection Length: 8 (default) - Lower = more responsive
Dashed style for visual distinction
Real-Time Trend Lines:
Lookback: 10 (default) - Minimal lag for immediate feedback
Dotted style for differentiation
Visual Settings:
Gradient Fills: Toggle smooth color transitions
Channel Padding: Adjust spacing (2.0 default)
Label Size: Choose from Tiny to Huge
Trading Tips
💡 Look for confluence when multiple trendline types align in the same direction
💡 Watch for breaks of confirmed trendlines as potential reversal signals
💡 Use developing trendlines to anticipate confirmed trend formations
💡 Combine with volume and momentum indicators for enhanced accuracy
💡 Respect the channel boundaries as dynamic support/resistance zones
Unique Advantages
✨ No Repainting - All trendlines are based on confirmed pivots and historical data
✨ Clean Visual Design - Emoji labels and gradient fills for intuitive interpretation
✨ Fully Customizable - Adapt to any trading style or timeframe
✨ Multiple Confirmation Levels - Reduces false signals through multi-tier analysis
✨ Beginner Friendly - Clear visual cues with labeled trend indicators
Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own analysis and risk management before making trading decisions.
Version: 6
Type: Overlay Indicator
Max Lines/Labels: 500
Perfect for: Trend traders, swing traders, day traders, and multi-timeframe analysts
Rsi TrendLines with Breakouts [KoTa]### RSI TrendLines with Breakouts Indicator: Detailed User Guide
The "RSI TrendLines with Breakouts " indicator is a custom Pine Script tool designed for TradingView. It builds on the standard Relative Strength Index (RSI) by adding dynamic trendlines based on RSI pivots (highs and lows) across multiple user-defined periods. These trendlines act as support and resistance levels on the RSI chart, and the indicator detects breakouts when the RSI crosses these lines, generating potential buy (long) or sell (short) signals. It also includes overbought/oversold thresholds and optional breakout labels. Below, I'll provide a detailed explanation in English, covering how to use it, its purpose, advantages and disadvantages, example strategies, and ways to enhance strategies with other indicators.
How to Use the Indicator
- The indicator uses `max_lines_count=500` to handle a large number of lines without performance issues, but on very long charts, you may need to zoom in for clarity.
1. **Customizing Settings**:
The indicator has several input groups for flexibility. Access them via the gear icon next to the indicator's name on the chart.
- **RSI Settings**:
- RSI Length: Default 14. This is the period for calculating the RSI. Shorter lengths (e.g., 7-10) make it more sensitive to recent price changes; longer (e.g., 20+) smooth it out for trends.
- RSI Source: Default is close price. You can change to open, high, low, or other sources like volume-weighted for different assets.
- Overbought Level: Default 70. RSI above this suggests potential overbuying.
- Oversold Level: Default 30. RSI below this suggests potential overselling.
- **Trend Periods**:
- You can enable/disable up to 5 periods (defaults: Period 1=3, Period 2=5, Period 3=10, Period 4=20, Period 5=50). Only enabled periods will draw trendlines.
- Each period detects pivots (highs/lows) in RSI using `ta.pivothigh` and `ta.pivotlow`. Shorter periods (e.g., 3-10) capture short-term trends; longer ones (20-50) show medium-to-long-term momentum.
- Inline checkboxes allow you to toggle display for each (e.g., display_p3=true by default).
- **Color Settings**:
- Resistance/Support Color: Defaults to red for resistance (up-trendlines from RSI highs) and green for support (down-trendlines from RSI lows).
- Labels for breakouts use green for "B" (buy/long) and red for "S" (sell/short).
- **Breakout Settings**:
- Show Prev. Breakouts: If true, displays previous breakout labels (up to "Max Prev. Breakouts Label" +1, default 2+1=3).
- Show Breakouts: Separate toggles for each period (e.g., show_breakouts3). When enabled, dotted extension lines project the trendline forward, and crossovers/crossunders trigger labels like "B3" (breakout above resistance for Period 3) or "S3" (break below support).
- Note: Divergence detection is commented out in the code. If you want to enable it, uncomment the relevant sections (e.g., show_divergence input) and adjust the lookback (default 5 bars) for spotting bullish/bearish divergences between price and RSI.
2. **Interpreting the Visuals**:
- **RSI Plot**: A blue line showing the RSI value (0-100). Horizontal dashed lines at 70 (red, overbought), 30 (green, oversold), and 50 (gray, midline).
- **Trendlines**: Solid lines connecting recent RSI pivots. Green lines (support) connect lows; red lines (resistance) connect highs. Only the most recent line per direction is shown per period to avoid clutter.
- **Breakout Projections**: Dotted lines extend the current trendline forward. When RSI crosses above a red dotted resistance, a "B" label (e.g., "B1") appears above, indicating a potential bullish breakout. Crossing below a green dotted support shows an "S" label below, indicating bearish.
- **Labels**: Current breakouts are bright (green/red); previous ones fade to gray. Use these as signal alerts.
- **Alerts**: The code includes commented-out alert conditions (e.g., for breakouts or RSI crossing levels). Uncomment and set them up in TradingView's alert menu for notifications.
3. **Best Practices**:
- Use on RSI-compatible timeframes (e.g., 1H, 4H, daily) for stocks, forex, or crypto.
- Combine with price chart: Trendlines are on RSI, so check if RSI breakouts align with price action (e.g., breaking a price resistance).
- Test on historical data: Backtest signals using TradingView's replay feature.
- Avoid over-customization initially—start with defaults (Periods 3 and 5 enabled) to understand behavior.
What It Is Used For
This indicator is primarily used for **momentum-based trend analysis and breakout trading on the RSI oscillator**. Traditional RSI identifies overbought/oversold conditions, but this enhances it by drawing dynamic trendlines on RSI itself, treating RSI as a "price-like" chart for trend detection.
- **Key Purposes**:
- **Identifying Momentum Trends**: RSI trendlines show if momentum is strengthening (upward-sloping support) or weakening (downward-sloping resistance), even if price is ranging.
- **Spotting Breakouts**: Detects when RSI breaks its own support/resistance, signaling potential price reversals or continuations. For example, an RSI breakout above resistance in an oversold zone might indicate a bullish price reversal.
- **Multi-Period Analysis**: By using multiple pivot periods, it acts like a multi-timeframe tool within RSI, helping confirm short-term signals with longer-term trends.
- **Signal Generation**: Breakout labels provide entry/exit points, especially in trending markets. It's useful for swing trading, scalping, or confirming trends in larger strategies.
- **Divergence (Optional)**: If enabled, it highlights mismatches between price highs/lows and RSI, which can predict reversals (e.g., bullish divergence: price lower low, RSI higher low).
Overall, it's ideal for traders who rely on oscillators but want more visual structure, like trendline traders applying price concepts to RSI.
Advantages and Disadvantages
**Advantages**:
- **Visual Clarity**: Trendlines make RSI easier to interpret than raw numbers, helping spot support/resistance in momentum without manual drawing.
- **Multi-Period Flexibility**: Multiple periods allow analyzing short- and long-term momentum simultaneously, reducing noise from single-period RSI.
- **Breakout Signals**: Automated detection of breakouts provides timely alerts, with labels and projections for proactive trading. This can improve entry timing in volatile markets.
- **Customization**: Extensive inputs (periods, colors, breakouts) make it adaptable to different assets/timeframes. The stateful management of lines/labels prevents chart clutter.
- **Complementary to Price Action**: Enhances standard RSI by adding trend context, useful for confirming divergences or overbought/oversold trades.
- **Efficiency**: Uses efficient arrays and line management, supporting up to 500 lines for long charts without lagging TradingView.
**Disadvantages**:
- **Lagging Nature**: Based on historical pivots, signals may lag in fast-moving markets, leading to late entries. Shorter periods help but increase whipsaws.
- **False Signals**: In ranging or sideways markets, RSI trendlines can produce frequent false breakouts. It performs better in trending conditions but may underperform without filters.
- **Over-Reliance on RSI**: Ignores volume, fundamentals, or price structure—breakouts might not translate to price moves if momentum decouples from price.
- **Complexity for Beginners**: Multiple periods and settings can overwhelm new users; misconfiguration (e.g., too many periods) leads to noisy charts.
- **No Built-in Risk Management**: Signals lack stop-loss/take-profit logic; users must add these manually.
- **Divergence Limitations**: The basic (commented) divergence detection is simplistic and may miss hidden divergences or require tuning.
In summary, it's powerful for momentum traders but should be used with confirmation tools to mitigate false positives.
Example Strategies
Here are one LONG (buy) and one SHORT (sell) strategy example using the indicator. These are basic; always backtest and use risk management (e.g., 1-2% risk per trade, stop-loss at recent lows/highs).
**LONG Strategy Example: Oversold RSI Support Breakout**
- **Setup**: Use on a daily chart for stocks or crypto. Enable Periods 3 and 5 (short- and medium-term). Set oversold level to 30.
- **Entry**: Wait for RSI to be in oversold (<30). Look for a "B" breakout label (e.g., "B3" or "B5") when RSI crosses above a red resistance trendline projection. Confirm with price forming a higher low or candlestick reversal (e.g., hammer).
- **Stop-Loss**: Place below the recent price low or the RSI support level equivalent in price terms (e.g., 5-10% below entry).
- **Take-Profit**: Target RSI reaching overbought (70) or a 2:1 risk-reward ratio. Exit on a bearish RSI crossunder midline (50).
- **Example Scenario**: In a downtrending stock, RSI hits 25 and forms a support trendline. On a "B5" breakout, enter long. This captures momentum reversals after overselling.
- **Rationale**: Breakout above RSI resistance in oversold signals fading selling pressure, potential for price uptrend.
**SHORT Strategy Example: Overbought RSI Resistance Breakout**
- **Setup**: Use on a 4H chart for forex pairs. Enable Periods 10 and 20. Set overbought level to 70.
- **Entry**: Wait for RSI in overbought (>70). Enter on an "S" breakout label (e.g., "S3" or "S4") when RSI crosses below a green support trendline projection. Confirm with price showing a lower high or bearish candlestick (e.g., shooting star).
- **Stop-Loss**: Above the recent price high or RSI resistance level (e.g., 5-10% above entry).
- **Take-Profit**: Target RSI hitting oversold (30) or a 2:1 risk-reward. Exit on bullish RSI crossover midline (50).
- **Example Scenario**: In an uptrending pair, RSI peaks at 75 with a resistance trendline. On "S4" breakout, enter short. This targets momentum exhaustion after overbuying.
- **Rationale**: Break below RSI support in overbought indicates weakening buying momentum, likely price downturn.
Enhancing Strategy Validity with Other Indicators
To increase the reliability of strategies based on this indicator, combine it with complementary tools for confirmation, filtering false signals, and adding context. This creates multi-indicator strategies that reduce whipsaws and improve win rates. Focus on indicators that address RSI's weaknesses (e.g., lagging, momentum-only). Below are examples of different indicators, how to integrate them, and sample strategies.
1. **Moving Averages (e.g., SMA/EMA)**:
- **How to Use**: Overlay 50/200-period EMAs on the price chart. Use RSI breakouts only in the direction of the trend (e.g., long only if price > 200 EMA).
- **Strategy Example**: Trend-Following Long – Enter on "B" RSI breakout if price is above 200 EMA and RSI > 50. This filters reversals in uptrends. Add MACD crossover for entry timing. Advantage: Aligns momentum with price trend, reducing counter-trend trades.
2. **Volume Indicators (e.g., Volume Oscillator or OBV)**:
- **How to Use**: Require increasing volume on RSI breakouts (e.g., OBV making higher highs on bullish breakouts).
- **Strategy Example**: Volume-Confirmed Short – On "S" breakout, check if volume is rising and OBV breaks its own trendline downward. Enter short only if confirmed. This validates breakouts with real market participation, avoiding low-volume traps.
3. **Other Oscillators (e.g., MACD or Stochastic)**:
- **How to Use**: Use for divergence confirmation or overbought/oversold alignment. For instance, require Stochastic (14,3,3) to also breakout from its levels.
- **Strategy Example**: Dual-Oscillator Reversal Long – Enable divergence in the indicator. Enter on bullish RSI divergence + "B" breakout if MACD histogram flips positive. Exit on MACD bearish crossover. This strengthens reversal signals by cross-verifying momentum.
4. **Price Action Tools (e.g., Support/Resistance or Candlestick Patterns)**:
- **How to Use**: Map RSI trendlines to price levels (e.g., if RSI resistance breaks, check if price breaks a key resistance).
- **Strategy Example**: Price-Aligned Breakout Short – On "S" RSI breakout in overbought, confirm with price breaking below a drawn support line or forming a bearish engulfing candle. Use Fibonacci retracements for targets. This ensures momentum translates to price movement.
5. **Volatility Indicators (e.g., Bollinger Bands or ATR)**:
- **How to Use**: Avoid trades during low volatility (e.g., Bollinger Band squeeze) to filter ranging markets. Use ATR for dynamic stops.
- **Strategy Example**: Volatility-Filtered Long – Enter "B" breakout only if Bollinger Bands are expanding (increasing volatility) and RSI is oversold. Set stop-loss at 1.5x ATR below entry. This targets high-momentum breakouts while skipping choppy periods.
**General Tips for Building Enhanced Strategies**:
- **Layering**: Start with RSI breakout as the primary signal, add 1-2 confirmations (e.g., EMA trend + volume).
- **Backtesting**: Use TradingView's strategy tester to quantify win rates with/without additions.
- **Risk Filters**: Incorporate overall market sentiment (e.g., via VIX) or avoid trading near news events.
- **Timeframe Alignment**: Use higher timeframes for trend (e.g., daily EMA) and lower for entries (e.g., 1H RSI breakout).
- **Avoid Overloading**: Too many indicators cause paralysis; aim for synergy (e.g., trend + momentum + volume).
This indicator is a versatile tool, but success depends on context and discipline. If you need code modifications or specific backtests, provide more details!
Trend lines indicator by ForexBeeEnhanced 3-Swing Trendline Zones - Complete Feature Guide
WHAT THIS INDICATOR DOES
This indicator automatically draws trendline zones on your chart using a 3-point validation system. Instead of just connecting any two price points like basic trendline tools, it waits for three swing points to confirm the trendline is valid before drawing it.
FEATURE 1: SWING POINT DETECTION
What it detects:
Swing highs: Price points where the high is higher than surrounding candles
Swing lows: Price points where the low is lower than surrounding candles
These show up as small arrows on your chart labeled "SH" (swing high) and "SL" (swing low)
Settings that control this:
Swing Length : Default is 6, range 1-20
Higher numbers = fewer, more significant swing points
Lower numbers = more swing points, including minor ones
Example: Setting 5 means each swing point must be higher/lower than 5 candles on each side
How to use this setting:
On 1-minute charts: Use 5-10 to filter out noise
On daily charts: Use 2-3 for more sensitivity
Volatile markets: Increase the number
Quiet markets: Decrease the number
Please See the Below Images To See the difference of swing length of 6 and 8
Display control:
Show Swing Points : Turn the arrows on/off
Default: ON (you'll see the arrows)
Turn OFF if arrows clutter your chart
FEATURE 2: RETRACEMENT VALIDATION SYSTEM
What this does:
After finding two swing points, the system checks if the second swing represents a proper market retracement, not just random price movement.
How it works:
Finds the highest point between two swing lows (or lowest point between two swing highs)
Calculates how much the second swing retraced from this extreme point
Only accepts swings that retrace between your set percentages
Settings that control this:
Lower Limit % : Default 50%, range 0-100%
Upper Limit % : Default 90%, range 0-100%
These create a "valid retracement zone"
Why this matters:
Eliminates random trendlines that don't follow market structure
Ensures trendlines represent actual retracement patterns
Based on Elliott Wave and Fibonacci principles
FEATURE 3: ATR-BASED ZONE WIDTH
What ATR means:
Average True Range measures how much price typically moves in a given period. Instead of fixed-width trendlines, this creates zones that adapt to market volatility.
Settings that control this:
Zone Width (ATR Multiple) : Default 0.3, range 0.1-1.0
ATR Length : Default 14, range 1-50 periods
How zone width works:
Multiplier 0.1 = Very narrow zones (tight around trendline)
Multiplier 0.5 = Medium zones
Multiplier 1.0 = Wide zones (accommodates more price movement)
ATR Length explained:
14 periods = Uses last 14 candles to calculate average volatility
Shorter periods (7) = More sensitive to recent volatility changes
Longer periods (21) = Smoother, less sensitive to volatility spikes
Practical impact:
During high volatility: Zones automatically become wider
During low volatility: Zones automatically become narrower
Prevents false breakouts during normal market noise
Creates realistic support/resistance areas instead of precise lines
FEATURE 4: VISUAL ZONE SYSTEM
Active Uptrend Zones:
Green upper boundary line (solid, thick)
Lime green lower boundary line (solid, thick)
Green fill between lines (80% transparency)
These represent dynamic support levels
Active Downtrend Zones:
Blue upper boundary line (solid, thick)
Navy blue lower boundary line (solid, thick)
Red fill between lines (80% transparency)
These represent dynamic resistance levels
Broken/Expired Zones:
Gray/silver boundary lines (dashed, thick)
Original fill color maintained (green for uptrend zones, red for downtrend zones)
Shows historical trendlines that are no longer active
FEATURE 5: BREAK DETECTION SYSTEM
How breaks are detected:
The system monitors when price violates the zone boundaries, indicating the trendline structure has failed.
Settings that control this:
Use Wick Break : True/False toggle
TRUE: Break occurs when candle high/low touches zone boundary
FALSE: Break occurs when candle close price crosses zone boundary
Conservative vs Aggressive approach:
Wick Break = TRUE (Aggressive) :
- More sensitive, earlier signals
- May produce more false breaks during volatile periods
- Good for scalping and short-term trading
Wick Break = FALSE (Conservative) :
- Requires candle to close beyond zone
- Fewer false signals, more reliable breaks
- Better for swing trading and position trading
What happens when zone breaks:
Zone lines change from solid to dashed
Zone lines change color to gray/silver
Fill color remains original (green/red) for identification
Zone stops extending forward
Zone is removed from active monitoring
FEATURE 6: ZONE EXPIRATION SYSTEM
What expiration does:
Allows trendlines to automatically become inactive after a set number of bars, even if they haven't been broken.
Settings that control this:
Use Zone Expiration : True/False toggle
Zone Expiration (Bars) : Default 500, range 1-1000
FALSE: Zones run indefinitely until broken
TRUE: Zones expire after specified number of bars
Visual result:
Expired zones look identical to broken zones
Lines become dashed and gray/silver
Fill colors remain original (green/red)
FEATURE 7: MULTI-TIMEFRAME TREND ANALYSIS TABLE
What the table shows:
A small table on your chart that monitors trend conditions across four different timeframes simultaneously.
Settings that control this:
TF1, TF2, TF3, TF4 : Four customizable timeframes
Default: 4H, 8H, 1D, 1W
Table Position : 9 positions (top/middle/bottom + left/center/right)
Text Size : Tiny, Small, Normal, Large, Huge
How trend detection works:
Uptrend Pattern : Current candle's high AND low are both higher than previous candle's high AND low on specified timeframes
This creates higher highs and higher lows
Shows consistent buying pressure
Table displays green background with upward arrow (▲)
Downtrend Pattern : Current candle's high AND low are both lower than previous candle's high AND low on specified timeframes
This creates lower highs and lower lows
Shows consistent selling pressure
Table displays red background with downward arrow (▼)
Range/Sideways Pattern : Current candle creates either inside bar or outside bar
Inside bar: Current range smaller than previous candle
Outside bar: Current range larger than previous candle
Shows market indecision or consolidation
Table displays orange background with diamond symbol (◆)
No Clear Pattern : None of the above conditions are met
Table displays gray background with horizontal line (⎯)
How to interpret the table:
All timeframes green (uptrend): Strong bullish alignment
All timeframes red (downtrend): Strong bearish alignment
Mixed colors: Conflicting timeframes, exercise caution
Mostly orange: Market in consolidation phase
Tooltip explanations: Hover over each cell for detailed description
FEATURE 8: BACKGROUND COLOR SYSTEM
What background colors show:
Optional feature that colors your chart background based on the current timeframe's trend condition.
Settings that control this:
Show Background Colors : True/False toggle
Background Transparency : 80-98% range
Default: OFF (no background colors)
Color scheme:
Green background: Current timeframe showing uptrend
Red background: Current timeframe showing downtrend
Orange background: Current timeframe showing range/consolidation
No background: No clear trend pattern
Transparency levels:
80%: More visible background color
95%: Subtle background hint
98%: Very subtle background tint
