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Ale Breakout

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This indicator identifies true market structure breaks (BOS and CHOCH) using confirmed swing highs and swing lows based on pivot logic.

✅ Breakouts can happen at any time of the day, but the entry signal will only trigger inside a user-defined time window (e.g., between 4:00 AM and 5:00 AM), ensuring structured and controlled setups.

The system includes automatic SL/TP calculation using ATR, candle body filters, and a configurable swing detection depth to avoid false signals.

You can configure:

Operating time range

Minimum candle body ratio

Minimum range between structure points

ATR multiplier

Pivot depth for swing detection

Perfect for Smart Money Concepts (SMC) or breakout traders looking to automate key structure-based entries within high-impact sessions.

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