OPEN-SOURCE SCRIPT
ADX Breakout Enhanced Signal
🥋 Trading Dojo – ADX Breakout Enhanced Signal
This indicator combines the trend-strength power of the ADX with dynamic breakout-based signals, designed for traders who want more frequent and higher-probability entries on timeframes like 1 hour.
The core logic focuses on:
📌 1. Trend Strength Detection with ADX
The indicator evaluates whether the market is showing a strong directional trend using an optimized ADX.
When ADX rises above the configured threshold, the system interprets that price has enough momentum to validate an entry.
📌 2. Breakout Entry Logic
It identifies points where price breaks recent highs or lows, confirming the start or continuation of movement.
This breakout-based approach produces more entries than traditional ADX strategies alone.
📌 3. Clear and Simple Signals
🟩 Long when price breaks a recent high with strong trend confirmation.
🟥 Short when price breaks a recent low with strong trend confirmation.
📌 4. Built-In Automated Alerts
The indicator automatically generates JSON alerts ready for use with automation tools such as trading bots, webhooks, BingX, 3Commas, Discord bots, and more.
🎯 Purpose of the Indicator
To provide more frequent, well-distributed, and momentum-validated entries, while maintaining simplicity and speed — perfect for real-time decision-making.
Perfect For:
Intraday trading
1h, 30m, and 15m timeframes
Breakout-based strategies
Automated trading systems
This indicator combines the trend-strength power of the ADX with dynamic breakout-based signals, designed for traders who want more frequent and higher-probability entries on timeframes like 1 hour.
The core logic focuses on:
📌 1. Trend Strength Detection with ADX
The indicator evaluates whether the market is showing a strong directional trend using an optimized ADX.
When ADX rises above the configured threshold, the system interprets that price has enough momentum to validate an entry.
📌 2. Breakout Entry Logic
It identifies points where price breaks recent highs or lows, confirming the start or continuation of movement.
This breakout-based approach produces more entries than traditional ADX strategies alone.
📌 3. Clear and Simple Signals
🟩 Long when price breaks a recent high with strong trend confirmation.
🟥 Short when price breaks a recent low with strong trend confirmation.
📌 4. Built-In Automated Alerts
The indicator automatically generates JSON alerts ready for use with automation tools such as trading bots, webhooks, BingX, 3Commas, Discord bots, and more.
🎯 Purpose of the Indicator
To provide more frequent, well-distributed, and momentum-validated entries, while maintaining simplicity and speed — perfect for real-time decision-making.
Perfect For:
Intraday trading
1h, 30m, and 15m timeframes
Breakout-based strategies
Automated trading systems
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.