SMR CloseGuard Trigger

This indicator is designed for traders who want high‑quality breakout signals that trigger only after a candle fully closes beyond a specified price level, rather than reacting prematurely when price merely touches or wicks into the zone.
Unlike traditional alert methods that fire the moment price hits a level, this tool waits for confirmed candle closes, reducing noise, false breakouts, and wick‑based traps.
🔹 Buy Logic
A Buy Signal is generated only when:
• The candle closes above the user‑defined price level
• Not just a wick or intrabar spike
• Ensuring the breakout is confirmed and validated by closing strength
🔹 Sell Logic
A Sell Signal is generated only when:
• The candle closes below the user‑defined price level
• Again, no alerts from intrabar touches
• Only confirmed downside breaks trigger signals
🔹 Why This Matters
This approach filters out:
• Fakeouts
• Liquidity grabs
• Wick‑based manipulation
• Premature entries