OPEN-SOURCE SCRIPT
Atualizado Smart S/R Breakout Signals PX
Smart S/R Breakout Signals
This a dynamic support/resistance breakout system that automatically plots evolving S/R lines from swing highs and swing lows, then signals a trade when price breaks through the opposite zone with confirmation.
How it works
The script tracks the lowest low (for Buy mode) or highest high (for Sell mode) and waits for a configurable number of consecutive closes (Num) above/below the prior bar's range before "fixing" that level as a support or resistance line.
Once a level is fixed, the script searches for the most significant opposing swing point and draws an S/R line from it.
When price closes through that opposing line, a new support/resistance cycle begins. After a chosen number of these S/R flips (Buyafter), the script arms itself to look for an entry.
An entry triggers on the breakout candle, plotting:
Entry label at the breakout level
Stop Loss — either the most recent S/R line or the last confirmed swing point (SL Mode)
Take Profit — calculated using your risk/reward multiple (rw)
Trade outcome is tracked live: TP/SL labels update with ✅ (hit), ❌ (missed), or 💔 (stopped out) so you can visually audit every signal on the chart.
A built-in fail-safe (Stop After X Fail) pauses new signals after a set number of consecutive losing trades, helping avoid chasing a choppy market.
This a dynamic support/resistance breakout system that automatically plots evolving S/R lines from swing highs and swing lows, then signals a trade when price breaks through the opposite zone with confirmation.
How it works
The script tracks the lowest low (for Buy mode) or highest high (for Sell mode) and waits for a configurable number of consecutive closes (Num) above/below the prior bar's range before "fixing" that level as a support or resistance line.
Once a level is fixed, the script searches for the most significant opposing swing point and draws an S/R line from it.
When price closes through that opposing line, a new support/resistance cycle begins. After a chosen number of these S/R flips (Buyafter), the script arms itself to look for an entry.
An entry triggers on the breakout candle, plotting:
Entry label at the breakout level
Stop Loss — either the most recent S/R line or the last confirmed swing point (SL Mode)
Take Profit — calculated using your risk/reward multiple (rw)
Trade outcome is tracked live: TP/SL labels update with ✅ (hit), ❌ (missed), or 💔 (stopped out) so you can visually audit every signal on the chart.
A built-in fail-safe (Stop After X Fail) pauses new signals after a set number of consecutive losing trades, helping avoid chasing a choppy market.
Notas de Lançamento
Tp line extend until candle which touched itimproved name of inputs in panel
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
ChartTrader-X
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
ChartTrader-X
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.