OPEN-SOURCE SCRIPT

GROK - 40 Day High Breakout

Title: GROK - Customizable High Breakout Detector

To scan base breakout with Pine Screener


Description:
This Pine Script indicator identifies high breakout patterns based on a user-defined lookback period. By default, it checks for a breakout of the 40-day high, but the period can be adjusted to suit your trading strategy. Key features include:

Custom Lookback Period: Easily modify the number of days for high breakout detection. Lookback period is length of base you want to scan using pine screener.

Visual Alerts: Displays a green triangle above the price bar when a breakout is detected.

Alert Conditions: Built-in alert notifications for automated breakout detection.

Screener Compatibility: Plots breakout signals as a histogram for screener use.

This script is ideal for traders looking to identify strong breakout patterns and incorporate them into their strategies.

How to Use:

Adjust the lookback period in the settings to match your desired breakout criteria.
Add alerts for automated notifications when a breakout is detected.
Use the visual markers and histogram to analyze breakout patterns on your chart.
Chart patternsmultitimeframePivot points and levels

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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