OPEN-SOURCE SCRIPT
Zone Radar [DefinedEdge]
Price spends most of its time going nowhere. Zone Radar finds those stretches automatically, draws the range while it's still forming, and tells you the moment it breaks and how hard.
🎯 What it does
Zone Radar watches for price coiling inside a bounded range. When a genuine consolidation forms, it marks the zone with its support and resistance, then tracks it live. The instant price closes decisively outside the range, it flags the break and scores its strength from 0 to 100. Strong breaks get a bold label and a projected target.
It is a context and breakout tool, not a signal service. It shows you where the market is compressed and when that compression releases. What you do with that read is yours.
🧭 How a zone is found
A range only qualifies when two things are true at once:
Price stays inside an ATR normalised band for a minimum number of bars, so the width adapts to any symbol or timeframe on its own.
Price does not drift across that band from one side to the other, which filters out slow trends pretending to be ranges.
Once a zone is confirmed the box breathes to hug the real range, but it is capped at the width it formed with. That cap is what makes a breakout meaningful: a close beyond it is a true expansion out of compression, not just another bar inside the noise.
💥 Break strength (0 to 100)
Every break is graded on four things that separate a real breakout from a fake one:
Displacement how far beyond the edge it closed, in ATR
Range expansion the break bar's range against its recent average
Volume surge participation on the break (auto adjusted on symbols with no volume data, like spot FX)
Coil quality how long and tight the range was, since a longer coil breaks harder
Breaks at or above your Strong threshold get the bold badge plus a measured move target: the height of the range projected from the breakout point. Broken edges stay on the chart as polarity support and resistance for the retest.
⚙️ Under The Hood
Signals fire on the close of the breakout bar. No repainting, ever.
Fully adjustable: range length, width, break sensitivity, strength threshold, and how much history stays on the chart.
Works on any market and any timeframe. Tuned nicely for intraday out of the box.
🔔 Alerts
Zone formed, break up, break down, strong break up, strong break down. Wire any of them into your workflow.
📝 Notes
Lower timeframes produce far more zones than higher ones, so only the most recent are kept drawn to stay within platform limits. Raise the zone cap if you want more history, or drop to a higher timeframe for a cleaner chart. The ATR based settings are a starting point, not gospel. Tune them to how your instrument actually moves.
🎯 What it does
Zone Radar watches for price coiling inside a bounded range. When a genuine consolidation forms, it marks the zone with its support and resistance, then tracks it live. The instant price closes decisively outside the range, it flags the break and scores its strength from 0 to 100. Strong breaks get a bold label and a projected target.
It is a context and breakout tool, not a signal service. It shows you where the market is compressed and when that compression releases. What you do with that read is yours.
🧭 How a zone is found
A range only qualifies when two things are true at once:
Price stays inside an ATR normalised band for a minimum number of bars, so the width adapts to any symbol or timeframe on its own.
Price does not drift across that band from one side to the other, which filters out slow trends pretending to be ranges.
Once a zone is confirmed the box breathes to hug the real range, but it is capped at the width it formed with. That cap is what makes a breakout meaningful: a close beyond it is a true expansion out of compression, not just another bar inside the noise.
💥 Break strength (0 to 100)
Every break is graded on four things that separate a real breakout from a fake one:
Displacement how far beyond the edge it closed, in ATR
Range expansion the break bar's range against its recent average
Volume surge participation on the break (auto adjusted on symbols with no volume data, like spot FX)
Coil quality how long and tight the range was, since a longer coil breaks harder
Breaks at or above your Strong threshold get the bold badge plus a measured move target: the height of the range projected from the breakout point. Broken edges stay on the chart as polarity support and resistance for the retest.
⚙️ Under The Hood
Signals fire on the close of the breakout bar. No repainting, ever.
Fully adjustable: range length, width, break sensitivity, strength threshold, and how much history stays on the chart.
Works on any market and any timeframe. Tuned nicely for intraday out of the box.
🔔 Alerts
Zone formed, break up, break down, strong break up, strong break down. Wire any of them into your workflow.
📝 Notes
Lower timeframes produce far more zones than higher ones, so only the most recent are kept drawn to stay within platform limits. Raise the zone cap if you want more history, or drop to a higher timeframe for a cleaner chart. The ATR based settings are a starting point, not gospel. Tune them to how your instrument actually moves.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.