ONLY LONG – 4H Breakout → 1H EMA(12/21) [Signals]

🔹 ONLY LONG – 4H Breakout → 1H EMA(12/21) [Signals]

Author: SystemsOverFeelings
Type: Signal-only indicator (non-repainting)
Timeframe: Designed for the 1H chart
Markets: BTCUSDT perpetual& major pairs

📖 Concept

A high-timeframe confirmation model for trend-continuation longs.
It detects:

A 4-Hour breakout candle closing above recent range highs,

With very-high volume confirmation, and

Then waits for a 1-Hour pullback into the EMA(12/21) band or a Break of Structure (BOS) to re-enter.

No repainting — all 4H logic uses request.security(..., lookahead_off) for confirmed data.

🧩 Signal Logic

✅ 4H Trigger: Breakout candle with volume > SMA(20) × user multiplier.

✅ Armed Regime: Green background = system ready for 1H entries.

🟢 LONG Signal: 1H candle consolidates inside or touches the EMA band, or shows BOS confirmation.

❌ EXIT Signal: 4H EMA(12) crosses below EMA(21).

All signals are visually marked and alert-ready.

⚙️ Adjustable Parameters

4H volume multiplier

Range lookback days

Pullback strictness (inside/touch)

1H BOS pivot length & mode

Expiry time for invalidated setups

🔔 Alerts

Built-in alerts for:

4H breakout trigger

1H long entry signal

4H band exit

Use them directly via “Create Alert → Condition → This Script → Choose Signal.”

💡 Notes

Works best on BTC/ETH 1H chart.

Non-repainting, multi-timeframe logic.

Use for directional bias or entry timing — not financial advice.