PROTECTED SOURCE SCRIPT
Big Base
A 120 bar breakout is considered powerful because it identifies price moves beyond a significant and long term reference point the highest closing price over approximately 6 months of trading days. Such breakouts signal strong momentum and often mark the start of major new trends or significant price swings.
It represents a breakout beyond a well established resistance level formed over many weeks, highlighting strong buying interest that overcame prior price ceilings.
This timeframe reduces noise from short term fluctuations, helping focus on sustained moves with higher probability of follow through
Breakouts from long consolidation periods tend to generate increased volatility, attracting more traders and volume, which supports stronger trends.
These breakouts can act as a reliable signal for entry points in both swing trading and longer-term investing, often leading to substantial price appreciation.
To leverage such breakouts, traders typically confirm the breakout with volume spikes, set appropriate stop loss levels just below the breakout price, and manage risk carefully since not all breakouts hold.
It represents a breakout beyond a well established resistance level formed over many weeks, highlighting strong buying interest that overcame prior price ceilings.
This timeframe reduces noise from short term fluctuations, helping focus on sustained moves with higher probability of follow through
Breakouts from long consolidation periods tend to generate increased volatility, attracting more traders and volume, which supports stronger trends.
These breakouts can act as a reliable signal for entry points in both swing trading and longer-term investing, often leading to substantial price appreciation.
To leverage such breakouts, traders typically confirm the breakout with volume spikes, set appropriate stop loss levels just below the breakout price, and manage risk carefully since not all breakouts hold.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。