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Diamond Breakout PRO Smart Pattern Targets and Stops
Diamond Breakout PRO is an advanced TradingView indicator that detects true diamond patterns using a pivot-based, geometry-validated algorithm.
This is not a simple shape-drawing tool.
It is a complete breakout system that:
✔️ Detects real 5-pivot diamond structures
✔️ Confirms expansion → contraction behavior
✔️ Identifies bullish and bearish breakouts
✔️ Automatically calculates ST1 – ST2 – ST3 targets and logical stop levels
✔️ Uses a smart distance filter to prevent chart scale distortion
Key features:
True pivot high / pivot low based diamond detection
Built-in tolerance and contraction validation to avoid false patterns
Automatic breakout detection with directional arrows
Dynamic target & stop plotting that adapts to price scale
Works for both bullish and bearish diamond breakouts
📌 Designed for traders who focus on volatility compression and explosive moves
📌 Performs best on 1H, 4H, and Daily timeframes
Disclaimer: This indicator is not financial advice. Always apply proper risk management.
This is not a simple shape-drawing tool.
It is a complete breakout system that:
✔️ Detects real 5-pivot diamond structures
✔️ Confirms expansion → contraction behavior
✔️ Identifies bullish and bearish breakouts
✔️ Automatically calculates ST1 – ST2 – ST3 targets and logical stop levels
✔️ Uses a smart distance filter to prevent chart scale distortion
Key features:
True pivot high / pivot low based diamond detection
Built-in tolerance and contraction validation to avoid false patterns
Automatic breakout detection with directional arrows
Dynamic target & stop plotting that adapts to price scale
Works for both bullish and bearish diamond breakouts
📌 Designed for traders who focus on volatility compression and explosive moves
📌 Performs best on 1H, 4H, and Daily timeframes
Disclaimer: This indicator is not financial advice. Always apply proper risk management.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.