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📘 FBTBBT (Filtered Black Two Bar Break Through)
Overview
FBTBBT is a filtered breakout indicator based on the classical Two Bar Break Through (TBBT) concept.
It generates Buy and Sell signals when price breaks above or below the previous bar’s high/low, but only displays the **first signal in a run** to avoid noise and duplicates.
- Buy Signal → Break above previous high
- Sell Signal → Break below previous low
- Filtered → Only the first signal in a consecutive streak is shown
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Key Features
1. Filtered Signals
• Avoids repeated identical signals.
• Example: 3 consecutive bars breaking the previous low → only the first bar shows a Sell signal.
2. Confirmation Options
• Real-Time Mode: signals appear intrabar as soon as the breakout happens.
• Close Confirmation: signals appear only after bar close beyond previous high/low (reduces repainting).
3. Visual Aids
• Green “Buy” labels below breakout bars.
• Red “Sell” labels above breakout bars.
• Optional lines for previous bar’s high/low levels.
4. Alerts
• Alerts trigger only on the first filtered signal in each run.
• Messages specify breakout above (Buy) or below (Sell).
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How to Use
• Add FBTBBT to your TradingView chart.
• Choose Real-Time or Close-Confirmed signals depending on your style.
• Focus on the **first breakout signal**; ignore duplicates until the opposite side appears.
• Combine with trend filters, volume, or higher timeframe context for stronger accuracy.
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👉 In short:
**FBTBBT = Clean, filtered breakout signals with no noise.**
Perfect for traders who want **precise first-bar breakouts** while avoiding repeated alerts.
Overview
FBTBBT is a filtered breakout indicator based on the classical Two Bar Break Through (TBBT) concept.
It generates Buy and Sell signals when price breaks above or below the previous bar’s high/low, but only displays the **first signal in a run** to avoid noise and duplicates.
- Buy Signal → Break above previous high
- Sell Signal → Break below previous low
- Filtered → Only the first signal in a consecutive streak is shown
---
Key Features
1. Filtered Signals
• Avoids repeated identical signals.
• Example: 3 consecutive bars breaking the previous low → only the first bar shows a Sell signal.
2. Confirmation Options
• Real-Time Mode: signals appear intrabar as soon as the breakout happens.
• Close Confirmation: signals appear only after bar close beyond previous high/low (reduces repainting).
3. Visual Aids
• Green “Buy” labels below breakout bars.
• Red “Sell” labels above breakout bars.
• Optional lines for previous bar’s high/low levels.
4. Alerts
• Alerts trigger only on the first filtered signal in each run.
• Messages specify breakout above (Buy) or below (Sell).
---
How to Use
• Add FBTBBT to your TradingView chart.
• Choose Real-Time or Close-Confirmed signals depending on your style.
• Focus on the **first breakout signal**; ignore duplicates until the opposite side appears.
• Combine with trend filters, volume, or higher timeframe context for stronger accuracy.
---
👉 In short:
**FBTBBT = Clean, filtered breakout signals with no noise.**
Perfect for traders who want **precise first-bar breakouts** while avoiding repeated alerts.
Nota Keluaran
📘 FBTBBT (Filtered Black Two Bar Break Through)Overview
FBTBBT is a filtered breakout indicator based on the classical Two Bar Break Through (TBBT) concept.
It generates Buy and Sell signals when price breaks above or below the previous bar’s high/low, but only displays the **first signal in a run** to avoid noise and duplicates.
- Buy Signal → Break above previous high
- Sell Signal → Break below previous low
- Filtered → Only the first signal in a consecutive streak is shown
---
Key Features
1. Filtered Signals
• Avoids repeated identical signals.
• Example: 3 consecutive bars breaking the previous low → only the first bar shows a Sell signal.
2. Confirmation Options
• Real-Time Mode: signals appear intrabar as soon as the breakout happens.
• Close Confirmation: signals appear only after bar close beyond previous high/low (reduces repainting).
3. Visual Aids
• Green “Buy” labels below breakout bars.
• Red “Sell” labels above breakout bars.
• Optional lines for previous bar’s high/low levels.
4. Alerts
• Alerts trigger only on the first filtered signal in each run.
• Messages specify breakout above (Buy) or below (Sell).
---
How to Use
• Add FBTBBT to your TradingView chart.
• Choose Real-Time or Close-Confirmed signals depending on your style.
• Focus on the **first breakout signal**; ignore duplicates until the opposite side appears.
• Combine with trend filters, volume, or higher timeframe context for stronger accuracy.
---
👉 In short:
**FBTBBT = Clean, filtered breakout signals with no noise.**
Perfect for traders who want **precise first-bar breakouts** while avoiding repeated alerts.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.