OPEN-SOURCE SCRIPT
تم تحديثه

Breakout Finder

Helo All,

I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one.

The options:
"Period" is used to find Pivot Points
"Max Breakout Length" is the maximum length to search breakouts
"Threshold Rate %"
is channel width of the breakout area. calculated using highest/lowest of last 300 bars.
"Minimum Number of Tests" is the minimum number of tests that the Price tried to break the S/R level
and some options for coloring and linestyle

Lets see some examples:

in this example "Minimum Number of Tests" is 2 so the Price must have tested to break resistance area 2 times and then it breaks it as seen in the screenshot:
لقطة

in following example Threshold rate is %10, so the channel width is very big:
لقطة

as you can see in followinf screenshot you can choose different colors and line styles:
لقطة

Alerts added ;)


Enjoy!
ملاحظات الأخبار
Fixed.
ملاحظات الأخبار
Explanation added
ملاحظات الأخبار
updated

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.