PROTECTED SOURCE SCRIPT
Closing Range Breakout
Indicator Description:
This tool tracks the closing price range of a trading session (like New York or London market hours) and highlights potential breakout opportunities. It shows:
Extended Range Lines: Drawn after the session closes, marking the high/low of the session's final hour.
Breakout Arrows: Appear when prices close above/below the range for a user-defined number of consecutive bars.
Session Background: Gray highlight during the selected market's closing hour.
It helps traders spot momentum shifts by focusing on price behavior relative to the closing range, with customizable alerts for confirmed breakouts.
How to Use:
Select Session: Choose your market's closing hour (e.g., New York/London).
Set Confirmation: Adjust how many closes are needed to confirm a breakout.
Watch Visuals:
Gray background = Active closing session
Blue range = Extended high/low from last session
Arrows = First breakout signal
Trade Signals: Price closing outside the range triggers alerts (labels update automatically).
Focus on breakouts with momentum, using the range as support/resistance.
This tool tracks the closing price range of a trading session (like New York or London market hours) and highlights potential breakout opportunities. It shows:
Extended Range Lines: Drawn after the session closes, marking the high/low of the session's final hour.
Breakout Arrows: Appear when prices close above/below the range for a user-defined number of consecutive bars.
Session Background: Gray highlight during the selected market's closing hour.
It helps traders spot momentum shifts by focusing on price behavior relative to the closing range, with customizable alerts for confirmed breakouts.
How to Use:
Select Session: Choose your market's closing hour (e.g., New York/London).
Set Confirmation: Adjust how many closes are needed to confirm a breakout.
Watch Visuals:
Gray background = Active closing session
Blue range = Extended high/low from last session
Arrows = First breakout signal
Trade Signals: Price closing outside the range triggers alerts (labels update automatically).
Focus on breakouts with momentum, using the range as support/resistance.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。