5 Candle Breakout Indicator
TradingView Pine Script Buy Sell Signal Non Repaint Indicator
β‘ 5 Candle Box Breakout Indicator β Smart Session-Based Breakout System
Professional breakout detector using 5-candle price boxes, session filtering, volume-spread logic, and unique pips-move lock to avoid noise and fake signals.
How It Works:
πΉ 5-Candle Box β Auto-builds breakout zone using 5 candles' high/low range πΉ Session Filter β Trade only during high-liquidity hours (default: London session, optional ON/OFF) πΉ Smart Breakout β Signal fires only on candle close above/below box (no wick fakeouts) πΉ Big Spread + Low Volume Filter β Detects stop-hunt moves, filters weak breakouts (optional) πΉ Pips-Move Lock β After signal, indicator locks until price moves X pips (prevents spam, unique feature)
Built-In Features: β Live stats dashboard (total/buy/sell signals) β Clear Buy/Sell arrows β Session-based trading logic β Non-repainting signals β Custom alerts (triggers on candle close) β Fully adjustable settings
Perfect For:
Intraday & breakout traders
Forex session traders
Those wanting fewer, high-quality signals
Traders avoiding over-trading
β Not for: High-frequency scalping, blind signal following
β οΈ Disclaimer: Educational tool only. Trading involves risk. Always backtest and use proper risk management. No guaranteed profits.
π₯ Fewer signals. Better context. Disciplined breakouts.









