OPEN-SOURCE SCRIPT
Updated Kepiro RangeReEntry Signals
Kepiro Range Re-Entry Signals
This indicator is tested on NASDAQ and is based on overnight trading range breakouts with re-entry confirmations.
Main features:
Identifies overnight session high and overnight session low for a specified time range.
Detects price breakouts of at least X points (default: 20 points) outside the range, followed by a return inside.
Long signal: Price breaks at least X points below the overnight low, then closes back above it.
Short signal: Price breaks at least X points above the overnight high, then closes back below it.
Automatic TP and SL level plotting for each signal.
Tip: At the midpoint of the range, consider moving your stop to breakeven to lock in a risk-free trade.
Usage:
Ideal for time-based breakout–pullback strategies on NASDAQ.
Works for both manual and algorithmic trading.
The “Minimum breakout distance” parameter lets you control how strict the signals are.
This indicator is tested on NASDAQ and is based on overnight trading range breakouts with re-entry confirmations.
Main features:
Identifies overnight session high and overnight session low for a specified time range.
Detects price breakouts of at least X points (default: 20 points) outside the range, followed by a return inside.
Long signal: Price breaks at least X points below the overnight low, then closes back above it.
Short signal: Price breaks at least X points above the overnight high, then closes back below it.
Automatic TP and SL level plotting for each signal.
Tip: At the midpoint of the range, consider moving your stop to breakeven to lock in a risk-free trade.
Usage:
Ideal for time-based breakout–pullback strategies on NASDAQ.
Works for both manual and algorithmic trading.
The “Minimum breakout distance” parameter lets you control how strict the signals are.
Release Notes
Range FixOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.