OPEN-SOURCE SCRIPT
업데이트됨 BarrettFVG Trendline
**BarrettFVG Trendline**
BarrettFVG Trendline plots dynamic, self-adjusting liquidity trendlines from swing pivots and flags the moment price breaks structure — giving a clean visual read on trend continuation vs. exhaustion, with built-in alerts for both directions.
**How it works**
- Detects pivot highs/lows over a configurable lookback period and connects consecutive pivots into a sloped trendline (upper resistance line from lower pivots, lower support line from higher pivots).
- Lines auto-extend and re-slope each bar until price closes through them, at which point the line is invalidated and a new one begins forming from the next valid pivot sequence.
- A padded "buffer zone" (ATR-based) is plotted alongside each line and filled, giving a visual cushion rather than a single hard price level.
- When price closes through an active line, the indicator marks a breakout signal (triangle up/down) and fires an alert.
**How to use it**
- Use the trendline breaks as a read on structural shifts — a break of a rising support line can signal loss of upward momentum; a break of a falling resistance line can signal a shift toward buyers regaining control.
- Works on any timeframe and instrument; built and tested primarily on MNQ futures.
- Combine with your own bias/context tools (HTF trend, session levels, order flow) rather than trading breaks in isolation — this indicator identifies structure breaks, it does not predict direction on its own.
**Alerts**
Three alert conditions are built in — right-click the indicator → Add Alert:
- *Breaking Up* — fires when the resistance trendline is broken to the upside
- *Breaking Down* — fires when the support trendline is broken to the downside
- *Any Breakout* — fires on either signal
**Settings**
- Period — pivot lookback length
- Padding — width of the buffer zone around each trendline
- Line colors (up/down)
- Toggle for breakout markers
**Credit**
This script is built on the open-source trendline/breakout logic originally published by **StratifyTrade** ("Liquidity Trendline With Signals"), used and adapted under the terms of its **CC BY-NC-SA 4.0** license. Alert functionality and rebranding added by BarrettFVG.
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## Disclaimer
*This script is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Trading futures and other financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance, backtested results, or historical signals are not indicative of future results. Always conduct your own due diligence and consult a licensed financial professional before making trading decisions. The creator assumes no liability for any losses incurred from use of this script.*
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BarrettFVG Trendline plots dynamic, self-adjusting liquidity trendlines from swing pivots and flags the moment price breaks structure — giving a clean visual read on trend continuation vs. exhaustion, with built-in alerts for both directions.
**How it works**
- Detects pivot highs/lows over a configurable lookback period and connects consecutive pivots into a sloped trendline (upper resistance line from lower pivots, lower support line from higher pivots).
- Lines auto-extend and re-slope each bar until price closes through them, at which point the line is invalidated and a new one begins forming from the next valid pivot sequence.
- A padded "buffer zone" (ATR-based) is plotted alongside each line and filled, giving a visual cushion rather than a single hard price level.
- When price closes through an active line, the indicator marks a breakout signal (triangle up/down) and fires an alert.
**How to use it**
- Use the trendline breaks as a read on structural shifts — a break of a rising support line can signal loss of upward momentum; a break of a falling resistance line can signal a shift toward buyers regaining control.
- Works on any timeframe and instrument; built and tested primarily on MNQ futures.
- Combine with your own bias/context tools (HTF trend, session levels, order flow) rather than trading breaks in isolation — this indicator identifies structure breaks, it does not predict direction on its own.
**Alerts**
Three alert conditions are built in — right-click the indicator → Add Alert:
- *Breaking Up* — fires when the resistance trendline is broken to the upside
- *Breaking Down* — fires when the support trendline is broken to the downside
- *Any Breakout* — fires on either signal
**Settings**
- Period — pivot lookback length
- Padding — width of the buffer zone around each trendline
- Line colors (up/down)
- Toggle for breakout markers
**Credit**
This script is built on the open-source trendline/breakout logic originally published by **StratifyTrade** ("Liquidity Trendline With Signals"), used and adapted under the terms of its **CC BY-NC-SA 4.0** license. Alert functionality and rebranding added by BarrettFVG.
---
## Disclaimer
*This script is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Trading futures and other financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance, backtested results, or historical signals are not indicative of future results. Always conduct your own due diligence and consult a licensed financial professional before making trading decisions. The creator assumes no liability for any losses incurred from use of this script.*
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릴리즈 노트
added BOS confirmation and time gates for the alerts. also added dynamic alerts릴리즈 노트
added additional filters with tool tips and a long/short term trend bias with market structure labels that are a toggle.릴리즈 노트
added a trendline count to the alert to show how many times price tapped the trendline prior to breaking. also changed the verbiage of the alert
릴리즈 노트
Minor bug fixes오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.