falsebreakout

TFlab

🔵 Introduction The Swing Failure Pattern (SFP), also referred to as a "Fake Breakout" or "False Breakout," is a vital concept in technical analysis. This pattern is derived from classic technical analysis, price action strategies, ICT concepts, and Smart Money Concepts. It’s frequently utilized by traders to identify potential trend reversals in financial...

TFlab

🔵 Introduction Technical indicators are essential tools for analysts and traders in financial markets, helping them predict price movements and make better trading decisions. One of the key concepts in technical analysis that should be carefully considered is the "False Breakout." This phenomenon occurs when a price temporarily breaks through a significant...

LuxAlgo Wizard Cập nhật 

The Breakout Detector (Previous MTF High Low Levels) indicator highlights breakouts of previous high/low levels from a higher timeframe. The indicator is able to: display take-profit/stop-loss levels based on a user selected Win/Loss ratio, detect false breakouts, and display a dashboard with various useful statistics. Do note that previous high/low levels are...

mickes Cập nhật 

Library "Touched" Breakout(zone, lookback)   Tells if the zone has been broken on the current bar.   Parameters:      zone (Zone) : The definitiin of the zone.      lookback (int) : How many bars to look back.   Returns: a Touch object that tells if the zone has been broken up or down. FalseBreakout(zone, lookback)   Tells if the zone has a false breakout...

kulturdesken

Turtle Soup Indicator plots a shape when we have a 20-period high or 20-period low. Turtle Soup Setup The Turtle Soup setup was published in the book Street Smarts by Laurence A Connors and Linda Raschke. You can learn about it there. It is a great setup for false breakouts or breakdowns in the group failure tests. Going long 1) We have a new 20-period low...

Zeiierman

█ Overview The 2B reversal pattern , also called the "spring pattern", is a popular chart pattern professional traders use to identify potential trend reversals. It occurs when the price appears to be breaking down or up and then suddenly bounces back up/down, forming a "spring" or "false breakout" pattern. This pattern indicates that the trend is losing...

Zeiierman

█ Overview False Breakout (Expo) is an indicator that detects false breakouts in real-time. A false breakout occurs when the price moves through a certain level but doesn't continue to accelerate in that direction. This is because the price does not have enough momentum and the buying interest at this level is not high enough to keep pushing the price in that...

BobRivera990

This indicator is a tool that shows a relative view of the trading volume and classifies the volume into 5 different levels and makes it easy to compare it in different periods. It is also specifically designed for detecting failed (fake) breakouts. How it works? This tool uses something similar to Bollinger Bands , but with more bands. I used two standard...

clocks156t174

Abstract This script finds the potential stop out or margin call price levels without considering timeframe. This script computes stop out or margin call price levels that over leveraged positions buy cheap enough. You can use this indicator to follow stop hunters. Introduction Stop hunting exists because of benefit conflict. When most of retails traders are in...

yehonatan.bus Cập nhật 

A false breakout is when the price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started. The “False Breakout” indicator reveals false breakouts in comparison to the previous candle. In case we're looking to trade the stock for long this would mean that the price of the stock broke the...

NS91 Cập nhật 

This script is used to visually highlight candles which may signal a reversal following a false break of a support or resistance level. Inputs are: Lookback period: look for the highest high and the lowest low of the prior x bars. SMA length: used for a simple moving average of the range (high minus low) of the prior x bars. Range multiple: used to filter...