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5 Candle Breakout Indicator

$12.49$9.99Save 20%
1 members

TradingView Pine Script Buy Sell Signal Non Repaint Indicator

⚑ 5 Candle Box Breakout Indicator – 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:

πŸ”Ή 5-Candle Box – Auto-builds breakout zone using 5 candles' high/low range πŸ”Ή Session Filter – Trade only during high-liquidity hours (default: London session, optional ON/OFF) πŸ”Ή Smart Breakout – Signal fires only on candle close above/below box (no wick fakeouts) πŸ”Ή Big Spread + Low Volume Filter – Detects stop-hunt moves, filters weak breakouts (optional) πŸ”Ή Pips-Move Lock – After signal, indicator locks until price moves X pips (prevents spam, unique feature)

Built-In Features: βœ… Live stats dashboard (total/buy/sell signals) βœ… Clear Buy/Sell arrows βœ… Session-based trading logic βœ… Non-repainting signals βœ… Custom alerts (triggers on candle close) βœ… Fully adjustable settings

Perfect For:

  • Intraday & breakout traders

  • Forex session traders

  • Those wanting fewer, high-quality signals

  • Traders avoiding over-trading

❌ Not for: High-frequency scalping, blind signal following

⚠️ Disclaimer: Educational tool only. Trading involves risk. Always backtest and use proper risk management. No guaranteed profits.

πŸ”₯ Fewer signals. Better context. Disciplined breakouts.