OPEN-SOURCE SCRIPT
Breakout Labels and Alert For Price And Volume

The indicator is developped for bitcoin and other cryptocurrencies, whose price and volume changes heavily within minutes. For the other Asset Classes, you may need to adjust the parameters.
Benefits:
1. Since a breakout of price or volume often means the start of a trend, this indicator alerts and displays a label when there is a breakout in price or volume.
2. The indicator prints labels on the chart, which helps people to study the relationship between a breakout and the trend.
3. The volume change is compared to a SMA of volume, instead of the last bar, which can reflect the change compared to a certain period.
4. You can set an alert for breakouts of both price and volume, instead of do it two times.
Settings:
SMA Length for volume: is the length to calculator volume SMA, default:108.
Toggle on/off to display or hide labels for price or volume breakout.
Customize the alert threshhold for price or volume breakout in different time period:3m,5m,15m,30m,60m and other
Use percentageGapForSlopeshape to adjust the relative position of labels.
Style - color settings: Orange for Volume Down, Blue for Volume Up, Red for Price Down, Green for Price Up.
Benefits:
1. Since a breakout of price or volume often means the start of a trend, this indicator alerts and displays a label when there is a breakout in price or volume.
2. The indicator prints labels on the chart, which helps people to study the relationship between a breakout and the trend.
3. The volume change is compared to a SMA of volume, instead of the last bar, which can reflect the change compared to a certain period.
4. You can set an alert for breakouts of both price and volume, instead of do it two times.
Settings:
SMA Length for volume: is the length to calculator volume SMA, default:108.
Toggle on/off to display or hide labels for price or volume breakout.
Customize the alert threshhold for price or volume breakout in different time period:3m,5m,15m,30m,60m and other
Use percentageGapForSlopeshape to adjust the relative position of labels.
Style - color settings: Orange for Volume Down, Blue for Volume Up, Red for Price Down, Green for Price Up.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Message the author go8686 for a trial of the indicators.
A Trading Indicator Artisan and JAVA & Pine Script Programmer, dedicated to enhancing traders' productivity.
------ L’épée reconnaît celui qui connaît son âme. ------
A Trading Indicator Artisan and JAVA & Pine Script Programmer, dedicated to enhancing traders' productivity.
------ L’épée reconnaît celui qui connaît son âme. ------
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Message the author go8686 for a trial of the indicators.
A Trading Indicator Artisan and JAVA & Pine Script Programmer, dedicated to enhancing traders' productivity.
------ L’épée reconnaît celui qui connaît son âme. ------
A Trading Indicator Artisan and JAVA & Pine Script Programmer, dedicated to enhancing traders' productivity.
------ L’épée reconnaît celui qui connaît son âme. ------
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.