PROTECTED SOURCE SCRIPT
TradeFear - Range and Trend Breakout Detector
TradeFear - Range and Trend Breakout Detector
Version 5
Developed and put together by TradeTheFear
Overview:
TradeFear is a powerful, all-in-one momentum and trend analysis tool designed to help traders identify high-probability setups. Combining momentum divergence, exhaustion signals, consolidation zones, and break/retest levels, this indicator provides a comprehensive view of market dynamics. Whether you're trading ranges or chasing breakouts, TradeFear equips you with clear visual cues and customizable alerts to capitalize on fear-driven market moves.
Key Features:
Momentum Divergence: Detects bullish and bearish RSI divergences (regular and hidden) with adjustable lookback and range settings.
Exhaustion Signals: Identifies trend exhaustion with volume spikes and momentum crossovers for deep overbought/oversold conditions.
Consolidation Zones: Highlights tight ranges using Bollinger Bands, marked with yellow boxes for easy identification.
Breaks and Retests: Plots support (red) and resistance (green) boxes based on pivot points, with an On/Off toggle for flexibility.
Bar Coloring: Visualizes momentum strength with green (bullish), red (bearish), or yellow (neutral) bars.
Custom Alerts: Set alerts for momentum signals, RSI divergences, and exhaustion events to stay ahead of the market.
How to Use:
Look for momentum buy/sell signals (triangles) paired with exhaustion text for reversal setups.
Monitor yellow consolidation boxes for potential breakout opportunities.
Use red (support) and green (resistance) boxes to spot breakouts or retests when the toggle is "On."
Adjust inputs like momentum period, RSI length, or consolidation thresholds to suit your trading style.
Settings:
Customize momentum, RSI, and volume parameters under "Momentum Divergence."
Fine-tune Bollinger Bands and consolidation detection in "Consolidation."
Toggle Breaks/Retests and adjust lookback under "Breaks and Retests."
Ideal For:
Day traders and swing traders seeking momentum reversals or breakout confirmation.
Technical analysts combining divergence, volume, and price action.
Unleash your trading edge with TradeFear—where fear becomes opportunity!
Version 5
Developed and put together by TradeTheFear
Overview:
TradeFear is a powerful, all-in-one momentum and trend analysis tool designed to help traders identify high-probability setups. Combining momentum divergence, exhaustion signals, consolidation zones, and break/retest levels, this indicator provides a comprehensive view of market dynamics. Whether you're trading ranges or chasing breakouts, TradeFear equips you with clear visual cues and customizable alerts to capitalize on fear-driven market moves.
Key Features:
Momentum Divergence: Detects bullish and bearish RSI divergences (regular and hidden) with adjustable lookback and range settings.
Exhaustion Signals: Identifies trend exhaustion with volume spikes and momentum crossovers for deep overbought/oversold conditions.
Consolidation Zones: Highlights tight ranges using Bollinger Bands, marked with yellow boxes for easy identification.
Breaks and Retests: Plots support (red) and resistance (green) boxes based on pivot points, with an On/Off toggle for flexibility.
Bar Coloring: Visualizes momentum strength with green (bullish), red (bearish), or yellow (neutral) bars.
Custom Alerts: Set alerts for momentum signals, RSI divergences, and exhaustion events to stay ahead of the market.
How to Use:
Look for momentum buy/sell signals (triangles) paired with exhaustion text for reversal setups.
Monitor yellow consolidation boxes for potential breakout opportunities.
Use red (support) and green (resistance) boxes to spot breakouts or retests when the toggle is "On."
Adjust inputs like momentum period, RSI length, or consolidation thresholds to suit your trading style.
Settings:
Customize momentum, RSI, and volume parameters under "Momentum Divergence."
Fine-tune Bollinger Bands and consolidation detection in "Consolidation."
Toggle Breaks/Retests and adjust lookback under "Breaks and Retests."
Ideal For:
Day traders and swing traders seeking momentum reversals or breakout confirmation.
Technical analysts combining divergence, volume, and price action.
Unleash your trading edge with TradeFear—where fear becomes opportunity!
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.