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SMR CloseGuard Trigger

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This indicator is designed for traders who want high‑quality breakout signals that trigger only after a candle fully closes beyond a specified price level, rather than reacting prematurely when price merely touches or wicks into the zone.
Unlike traditional alert methods that fire the moment price hits a level, this tool waits for confirmed candle closes, reducing noise, false breakouts, and wick‑based traps.
🔹 Buy Logic
A Buy Signal is generated only when:
• The candle closes above the user‑defined price level
• Not just a wick or intrabar spike
• Ensuring the breakout is confirmed and validated by closing strength
🔹 Sell Logic
A Sell Signal is generated only when:
• The candle closes below the user‑defined price level
• Again, no alerts from intrabar touches
• Only confirmed downside breaks trigger signals
🔹 Why This Matters
This approach filters out:
• Fakeouts
• Liquidity grabs
• Wick‑based manipulation
• Premature entries

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.