OPEN-SOURCE SCRIPT
SREN - Price Breakout
Price Breakout
Price Breakout marks the moment price breaks above its most recent swing high.
How it works
It finds swing highs with a pivot rule: a high counts once a set number of bars on each side are lower than it.
While price is below the most recent swing high, the indicator draws a faint dotted line at that level.
When price breaks above it, the dotted line becomes a solid line from the swing high to the breakout candle, and a small triangle appears under that candle.
When a new swing high forms before a breakout, the old level is removed so the chart stays clean.
Settings
Bars left / right of high: how strict the swing high is. Higher values give fewer, more important levels. Lower values react to smaller swings.
Require a close above the high: on by default, so only a candle close above the level counts. Turn it off to count a wick through the level, which gives earlier but noisier signals.
Style: line colour and width, the waiting-level colour, and on/off switches for the dotted level and the breakout marker.
Alerts
Includes a "Breakout above last high" alert. For confirmed signals, set it to "Once per bar close".
Notes
A swing high appears only after the bars to its right have formed, so the waiting level is drawn with that delay.
Breakout lines on closed candles don't repaint.
This is a visual aid for spotting breakouts, not a trading recommendation. Use it alongside your own analysis and risk management.
Price Breakout marks the moment price breaks above its most recent swing high.
How it works
It finds swing highs with a pivot rule: a high counts once a set number of bars on each side are lower than it.
While price is below the most recent swing high, the indicator draws a faint dotted line at that level.
When price breaks above it, the dotted line becomes a solid line from the swing high to the breakout candle, and a small triangle appears under that candle.
When a new swing high forms before a breakout, the old level is removed so the chart stays clean.
Settings
Bars left / right of high: how strict the swing high is. Higher values give fewer, more important levels. Lower values react to smaller swings.
Require a close above the high: on by default, so only a candle close above the level counts. Turn it off to count a wick through the level, which gives earlier but noisier signals.
Style: line colour and width, the waiting-level colour, and on/off switches for the dotted level and the breakout marker.
Alerts
Includes a "Breakout above last high" alert. For confirmed signals, set it to "Once per bar close".
Notes
A swing high appears only after the bars to its right have formed, so the waiting level is drawn with that delay.
Breakout lines on closed candles don't repaint.
This is a visual aid for spotting breakouts, not a trading recommendation. Use it alongside your own analysis and risk management.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.