Prism Breakout Atlas [NalnAlgo]
PRISM separates breakout preparation, a qualifying close and the outcome that follows. It helps define triggers, invalidation and planned risk/reward; it does not establish that a setup will be profitable.
The design connects an efficiency-adjusted ribbon to a chamber state machine: one consumption per chamber, preceding boundaries for releases, and frozen gate/ATR references afterward. Only chart OHLCV is used.
1. Read the environment before looking for an entry
Mint ribbon means upward direction, coral downward direction, gold compression and gray-blue balance. The dashboard's upper section describes the current environment; LATEST RELEASE describes a separate, possibly older event. The bottom strip records 32 confirmed bar states, oldest left and newest right. These displays provide context, not buy/sell orders.
Figure 1 - Full layout on standard four-hour candles. Both sustained movement and a later failed upward release are visible. This is a display example, not a performance report.
2. Preparation: identify compression and mark its boundaries
Defaults require four consecutive compression bars to create COIL, using that segment's highs/lows. Boundaries can expand on confirmed closes. Quiet conditions alone are not an entry: wait for an eligible release rather than guessing direction.
Figure 2 - One-hour close-up. The enlarged COIL box shows the price boundaries; the gold ribbon and COMPRESSION state identify relative contraction. The old release record in the dashboard is not a signal from this new box.
Selected source lines:
Pine Script®
The code ranks closing-price dispersion against recent history; default rank <=30 qualifies. COMPRESSION is 100 minus rank, not stored energy or expected profit. Long wicks can still create a wide chamber.
3. Trigger: require a confirmed escape with sufficient evidence
These selected lines run inside the confirmed-close engine. They are excerpts, not standalone scripts:
Pine Script®
The close must exceed the preceding boundary plus/minus the buffer and meet the score threshold. Testing precedes updating the chamber with that bar. Release can occur during compression. After compression ends, ARMED eligibility includes the first non-compressed bar.
Evidence weights are close position 30%, absolute body proportion 20%, axis-slope alignment 20%, true-range expansion 15% and relative volume 15%. Expansion reaches full contribution at 1.8 ATR; volume at twice its previous-window average. Missing usable volume removes that term and renormalizes the others. Body size is unsigned, alignment is not a mandatory trend filter, and inputs overlap. A score of 83 is not an 83% success probability. A below-threshold escape consumes the chamber as UNQUALIFIED; later candles cannot become its first breakout.
4. Confirmation: distinguish a release from acceptance
An A diamond means consecutive closes strictly outside the frozen gate. Default three includes the release close, so two more qualifying closes are needed. Acceptance does not require reaching +1 ATR or continued expansion. Waiting for A is one possible discretionary filter: it delays action and can produce a worse entry; improved profitability has not been established.
Figure 3 - Historical four-hour downward release, score 83, followed by a coral A and subsequent downward movement. The earlier R belongs to a preceding event. The dashboard remains the latest-event record, not the record for this historical short. Later candles are shown for explanation; this is not a replay or evidence of attainable fills.
Reference values are frozen on release:
Pine Script®
The +1 / +2 ATR rails measure distance from release, not automatic targets. Trade risk R instead depends on actual entry and the chosen protective stop.
5. Failure: acceptance can still be followed by return
Figure 4 - Enlarged upward release 68, then A, then a gold R. The return illustrates why confirmation is not permanent validation and why an exit rule is needed before entry.
The key holding test is:
Pine Script®
For a long release, a close at or below the gate triggers RETURNED INSIDE; for a short, at or above it. A wick alone does not. Tracking stops on return or at the observation limit. A new release replaces the tracked event. Unused setups can expire or be superseded by new compression.
R is a closed-bar observation, not an executable stop order. A protective stop may need to act intrabar; waiting for R can permit a larger loss. Stops can also fill worse than planned during gaps or fast markets.
6. An example trading process: define risk before seeking reward
The following is an educational discretionary template, not an automated or validated strategy:
Illustration for simple linear units, excluding costs: an account of 10,000 with a hypothetical 0.5% risk budget allocates 50 of planned risk. Entry 100 and stop 98 risk 2 per unit, allowing at most 25 units. An exit at 104 is 2R before costs. This arithmetic is not a recommendation or a forecast. Contract multipliers, inverse contracts, leverage/liquidation, fees, spread and slippage require instrument-specific adjustments. A planned risk budget is not a guaranteed maximum loss.
7. Settings and alerts
Defaults: Structure length 20; Volatility memory 120; Compression percentile 30; Minimum compression bars 4; Breakout window 15; Buffer 0.10 ATR; Minimum evidence 55; Closes outside to accept 3; Observation 30 bars. All windows use chart bars. The default event engine needs bar index 140 or later and a valid volatility rank. Higher evidence thresholds are more selective, not proven more profitable.
Four alerts are available: upward release, downward release, acceptance and return inside. Use Once Per Bar Close; recreate alerts after script/settings changes. PRISM places no orders and does not calculate trade position size, a protective stop or realized trading returns.
8. Display behavior and limitations
Live preview is off by default: open-bar ribbon/tint holds confirmed values, and the dashboard uses confirmed data. Enabling preview permits intrabar reading changes; events still require a close. Backfill is off by default; enabling it draws the chamber left edge backward despite later confirmation. Developing boxes can expand/change status, and final historical boxes must not be treated as information known earlier.
The dashboard tracks only the latest release. MOVE / BEST is signed close movement / maximum later favorable excursion, measured in frozen release ATR; it excludes the release bar's excursion and stops updating when observation ends. It is not current or realized P&L. Historical boxes/labels have retention limits. EFFICIENCY measures net displacement relative to travel, not confidence.
No future bars or higher-timeframe requests are used. Settings, timeframe, feed revisions and available history can change recalculations; the axis depends on initialization history. Volume is feed-specific. Breakouts fail and confirmation delays action. Higher profits, lower drawdown or a calibrated win rate have not been demonstrated; such claims require out-of-sample tests with realistic execution and costs.
The design connects an efficiency-adjusted ribbon to a chamber state machine: one consumption per chamber, preceding boundaries for releases, and frozen gate/ATR references afterward. Only chart OHLCV is used.
1. Read the environment before looking for an entry
Mint ribbon means upward direction, coral downward direction, gold compression and gray-blue balance. The dashboard's upper section describes the current environment; LATEST RELEASE describes a separate, possibly older event. The bottom strip records 32 confirmed bar states, oldest left and newest right. These displays provide context, not buy/sell orders.
Figure 1 - Full layout on standard four-hour candles. Both sustained movement and a later failed upward release are visible. This is a display example, not a performance report.
2. Preparation: identify compression and mark its boundaries
Defaults require four consecutive compression bars to create COIL, using that segment's highs/lows. Boundaries can expand on confirmed closes. Quiet conditions alone are not an entry: wait for an eligible release rather than guessing direction.
Figure 2 - One-hour close-up. The enlarged COIL box shows the price boundaries; the gold ribbon and COMPRESSION state identify relative contraction. The old release record in the dashboard is not a signal from this new box.
Selected source lines:
The code ranks closing-price dispersion against recent history; default rank <=30 qualifies. COMPRESSION is 100 minus rank, not stored energy or expected profit. Long wicks can still create a wide chamber.
3. Trigger: require a confirmed escape with sufficient evidence
These selected lines run inside the confirmed-close engine. They are excerpts, not standalone scripts:
The close must exceed the preceding boundary plus/minus the buffer and meet the score threshold. Testing precedes updating the chamber with that bar. Release can occur during compression. After compression ends, ARMED eligibility includes the first non-compressed bar.
Evidence weights are close position 30%, absolute body proportion 20%, axis-slope alignment 20%, true-range expansion 15% and relative volume 15%. Expansion reaches full contribution at 1.8 ATR; volume at twice its previous-window average. Missing usable volume removes that term and renormalizes the others. Body size is unsigned, alignment is not a mandatory trend filter, and inputs overlap. A score of 83 is not an 83% success probability. A below-threshold escape consumes the chamber as UNQUALIFIED; later candles cannot become its first breakout.
4. Confirmation: distinguish a release from acceptance
An A diamond means consecutive closes strictly outside the frozen gate. Default three includes the release close, so two more qualifying closes are needed. Acceptance does not require reaching +1 ATR or continued expansion. Waiting for A is one possible discretionary filter: it delays action and can produce a worse entry; improved profitability has not been established.
Figure 3 - Historical four-hour downward release, score 83, followed by a coral A and subsequent downward movement. The earlier R belongs to a preceding event. The dashboard remains the latest-event record, not the record for this historical short. Later candles are shown for explanation; this is not a replay or evidence of attainable fills.
Reference values are frozen on release:
The +1 / +2 ATR rails measure distance from release, not automatic targets. Trade risk R instead depends on actual entry and the chosen protective stop.
5. Failure: acceptance can still be followed by return
Figure 4 - Enlarged upward release 68, then A, then a gold R. The return illustrates why confirmation is not permanent validation and why an exit rule is needed before entry.
The key holding test is:
For a long release, a close at or below the gate triggers RETURNED INSIDE; for a short, at or above it. A wick alone does not. Tracking stops on return or at the observation limit. A new release replaces the tracked event. Unused setups can expire or be superseded by new compression.
R is a closed-bar observation, not an executable stop order. A protective stop may need to act intrabar; waiting for R can permit a larger loss. Stops can also fill worse than planned during gaps or fast markets.
6. An example trading process: define risk before seeking reward
The following is an educational discretionary template, not an automated or validated strategy:
- Prepare: use standard candles, identify a mature chamber and mark both boundaries. Compression alone has no direction.
- Select: optionally require upward context for longs and downward context for shorts. This is a manual filter, not an engine requirement.
- Time entry: choose RELEASE confirmation or wait for A, optionally adding a retest. Act after that close using an attainable subsequent fill, not an assumed signal-close fill. Skip if price is too far from the planned stop.
- Define invalidation before entry: choose a structural protective stop and any buffer. The observation gate is not automatically a suitable stop. Mirror the logic for shorts.
- Size from stop distance and a fixed risk budget. Reduce size or skip a wide-stop setup; do not widen the stop after entry merely to avoid a loss.
- Plan reward: compare room to opposing structure against initial risk; skip insufficient room. One testable plan is a partial exit at a chosen R multiple, with the remainder managed behind confirmed swings. No exit multiple, fraction or trailing method has been optimized or automated here.
Illustration for simple linear units, excluding costs: an account of 10,000 with a hypothetical 0.5% risk budget allocates 50 of planned risk. Entry 100 and stop 98 risk 2 per unit, allowing at most 25 units. An exit at 104 is 2R before costs. This arithmetic is not a recommendation or a forecast. Contract multipliers, inverse contracts, leverage/liquidation, fees, spread and slippage require instrument-specific adjustments. A planned risk budget is not a guaranteed maximum loss.
7. Settings and alerts
Defaults: Structure length 20; Volatility memory 120; Compression percentile 30; Minimum compression bars 4; Breakout window 15; Buffer 0.10 ATR; Minimum evidence 55; Closes outside to accept 3; Observation 30 bars. All windows use chart bars. The default event engine needs bar index 140 or later and a valid volatility rank. Higher evidence thresholds are more selective, not proven more profitable.
Four alerts are available: upward release, downward release, acceptance and return inside. Use Once Per Bar Close; recreate alerts after script/settings changes. PRISM places no orders and does not calculate trade position size, a protective stop or realized trading returns.
8. Display behavior and limitations
Live preview is off by default: open-bar ribbon/tint holds confirmed values, and the dashboard uses confirmed data. Enabling preview permits intrabar reading changes; events still require a close. Backfill is off by default; enabling it draws the chamber left edge backward despite later confirmation. Developing boxes can expand/change status, and final historical boxes must not be treated as information known earlier.
The dashboard tracks only the latest release. MOVE / BEST is signed close movement / maximum later favorable excursion, measured in frozen release ATR; it excludes the release bar's excursion and stops updating when observation ends. It is not current or realized P&L. Historical boxes/labels have retention limits. EFFICIENCY measures net displacement relative to travel, not confidence.
No future bars or higher-timeframe requests are used. Settings, timeframe, feed revisions and available history can change recalculations; the axis depends on initialization history. Volume is feed-specific. Breakouts fail and confirmation delays action. Higher profits, lower drawdown or a calibrated win rate have not been demonstrated; such claims require out-of-sample tests with realistic execution and costs.
🧭 NalnAlgo | Experience. Strategy. Growth.
10+ years in the markets. Continuously refined strategies.
Pursuing steady, long-term returns together.
🌐 nalnalgo.com — Explore our strategies.
10+ years in the markets. Continuously refined strategies.
Pursuing steady, long-term returns together.
🌐 nalnalgo.com — Explore our strategies.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
🧭 NalnAlgo | Experience. Strategy. Growth.
10+ years in the markets. Continuously refined strategies.
Pursuing steady, long-term returns together.
🌐 nalnalgo.com — Explore our strategies.
10+ years in the markets. Continuously refined strategies.
Pursuing steady, long-term returns together.
🌐 nalnalgo.com — Explore our strategies.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。