OPEN-SOURCE SCRIPT
Actualizado 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 prensa
Tp line extend until candle which touched itimproved name of inputs in panel
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
ChartTrader-X
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
ChartTrader-X
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.