OPEN-SOURCE SCRIPT
Breakout Indicator
Updated
This script allows you to set breakout alerts.
An alert will be triggered only when price breaks and closes beyond the specified prices. You will get an alert on the first candle that closes beyond the levels you set.
An alert will be triggered only when price breaks and closes beyond the specified prices. You will get an alert on the first candle that closes beyond the levels you set.
Release Notes
Small improvements to UIRelease Notes
Small improvementsRelease Notes
Small improvementsRelease Notes
Modified alert system to allow for alerts to be sent before the candle closesRelease Notes
Added offset settingRelease Notes
Converted to Pine Script version 4Release Notes
-- Converted to v5 of Pine
- Added "confirm" parameter to price inputs (so that you can select your breakout price with the mouse when adding the script to your chart)
- Added 2 more alert options to separate long & short breakout alerts
Release Notes
- Fixed typo for short alerts triggering on long breakouts (whoops!)Release Notes
Updated to Pine Script v5Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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FREE YouTube Lessons: rebrand.ly/zyt
FREE Pine Script Basics Course: rebrand.ly/zpsbc
Pine Script MASTERY Course: rebrand.ly/zpsmc
My Indicators & Strategies: rebrand.ly/zmisc
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