OPEN-SOURCE SCRIPT

Box BO signals v1

1 812
Box Breakout Direction Flip Signals is a smart price‐action tool designed to identify clean directional shifts using consolidation boxes and breakout logic.
The indicator draws dynamic high–low range boxes and generates Buy (B) and Sell (S) signals only when direction flips, avoiding repeated noise signals during trending moves.

✔ First breakout after box marks direction (Buy or Sell)
✔ Signals alternate: S → B → S → B, never repeating
✔ No signals while price simply continues in same direction
✔ Labels are spaced away from candles for clean visibility
✔ Works best on lower timeframes (1m, 3m, 5m) for scalping / intraday

🎯 How It Works

1️⃣ A consolidation zone forms automatically using candle high–low
2️⃣ Breakout above the box → Buy label → new box begins
3️⃣ Breakout below the box → Sell label → new box begins
4️⃣ Signals print only on actual directional change (flip)
5️⃣ Boxes extend dynamically until breakout occurs

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.