OPEN-SOURCE SCRIPT

[KK]EMA Breakout,1st retest,Peak Breakout

Actualizado
This script gives Signal based on 3 parameters
(1) Exponential Moving average breakout
(2)Retest after Breakout
(3) Peak Breakout after retest for conformation

Recommended Settings:
(1) EMA Length = 20 period
(2)Left Bars= Right Bars = 4
(3)15min chart resolution
Note: Default setting is what recommended.

Interpretation:
(1)Green Background = Higher Peak Breakout candle after conformed retest
(2)Red Background = Lower Peak Breakout candle after conformed retest
(3) Green circle = 1st Upward Breakout candle after conformed retest ( if previous breakout is Downward)
(4)Red circle = 1st Downward Breakout candle after conformed retest ( if previous breakout is Upward)
Note: you can additionally add backgrounds for EMA breakout and conformed Retest from code.

Signals:
(1)Long = When Green circle
(2)Short = When Red circle

This script works with any ticker id. Best Use for Equity and Forex Markets. Also, added alert condition for green and red circle.

P.S.: Thanks to RagingRocketBull for source code for breakout candles
Notas de prensa
Just Changed Graphical representation and user let control which things are needed to be added on chart.

Additional Changes:
(1) Calculate based on EMA (default setting SMA)
(2) Enable Successive Breakout
(3) Enable Correct Retests
(4) Enable EMA/SMA Breakout

Graphical Changes Made:
(1) Green circle => Green Background
(2) Red Circle => Red Background
(3) Successive UpBreakouts => Lime Background
(4) Successive DownBreakouts => Maroon Background
(5) Green Triangle => Correct Upward Retest
(6) Red Triangle => Correct Downward Retest
(7) Green Cross => MA Up Breakout candle
(8) Red cross => MA Down Breakout candle
alertsbreakoutbarMoving AveragesretestTrend Analysis

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?

Exención de responsabilidad