OPEN-SOURCE SCRIPT
Break & Volume: breakout bars with volume context
WHAT IT DOES
The simplest useful question, answered on every bar: did price just break the recent high or low, and did volume show up for it? Break bars are painted green or red, a small label prints the volume ratio versus its average, and the broken level stays on the chart as a dashed line until price revisits it.
HOW IT WORKS
- A break = close beyond the highest high or lowest low of the previous N bars (default 5).
- Volume context = current volume against a 20-bar average; 1.5x and up is the spike zone.
- Breaks confirm on bar close by default — no repaint, no intrabar flicker.
- Broken levels persist as reference lines and clear themselves once revisited, so the chart self-cleans.
HOW TO USE IT
Any symbol, any timeframe. A break on 2x volume and a break on 0.6x volume are different animals; this makes the difference visible at a glance. Pairs naturally with structure tools or the pattern colorer.
WHAT IT CAN'T DO
It measures the break, not the follow-through. Low-volume breaks fail often — that is precisely what the label is there to warn you about.
SETTINGS
Lookback bars, volume average length, level lines, volume labels, label size, confirm-on-close.
Open source. Free. One glance, two facts, no clutter.
The simplest useful question, answered on every bar: did price just break the recent high or low, and did volume show up for it? Break bars are painted green or red, a small label prints the volume ratio versus its average, and the broken level stays on the chart as a dashed line until price revisits it.
HOW IT WORKS
- A break = close beyond the highest high or lowest low of the previous N bars (default 5).
- Volume context = current volume against a 20-bar average; 1.5x and up is the spike zone.
- Breaks confirm on bar close by default — no repaint, no intrabar flicker.
- Broken levels persist as reference lines and clear themselves once revisited, so the chart self-cleans.
HOW TO USE IT
Any symbol, any timeframe. A break on 2x volume and a break on 0.6x volume are different animals; this makes the difference visible at a glance. Pairs naturally with structure tools or the pattern colorer.
WHAT IT CAN'T DO
It measures the break, not the follow-through. Low-volume breaks fail often — that is precisely what the label is there to warn you about.
SETTINGS
Lookback bars, volume average length, level lines, volume labels, label size, confirm-on-close.
Open source. Free. One glance, two facts, no clutter.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。