Indicator · Pine Script v6 · On the chart

Abed Trendline Bounce and Breakout PRO

by Abedkwt

A price-chart overlay that draws trendlines from confirmed pivot highs and lows and signals bounces and breakouts.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code334
Settings39inputs
LicenceNone stated
Last update4 months ago2 Jun 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Early and confirmed signals depend on score thresholds, a quality filter using range size, ADX and EMA separation, a trend filter from 21, 50 and 200 EMAs and RSI, and optional higher-timeframe confirmation. Signals can wait for the candle close and counter-trend breakouts are off by default. It also draws a trade plan with entry, a stop buffer in ATR and two take-profit levels by risk-reward multiples, plus a dashboard. It marks plans only.

Details

Published by

Abedkwt on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

Breakout, Support & resistance, Trend

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Pivot Leftint5pivotLeft
Pivot Rightint5pivotRight
Trendline Widthint2lineWidth
Use MTF ConfirmationbooltrueuseHTF
HTF 1timeframe15htf1
HTF 2timeframe60htf2
Min HTF Confirmationsint1minHTFConfirm
EMA Fastint21emaFastLen
EMA Midint50emaMidLen
EMA Slowint200emaSlowLen
RSI Lengthint14rsiLen
RSI MA Lengthint9rsiMaLen
Show all 39 settings
SettingTypeDefaultVariable
ATR Lengthint14atrLen
Use Quality FilterbooltrueuseQuality
Range Filter Lengthint24rangeLen
Minimum Range ATRfloat1.35minRangeATR
DI Lengthint14diLen
ADX Smoothingint14adxSmooth
Minimum ADXfloat15.0minADX
Minimum EMA Separation ATRfloat0.08minEmaSepATR
Allow Counter Trend BreakoutboolfalseallowCounter
Signal Only After Candle ClosebooltruecloseOnly
Trendline Touch Zone ATRfloat0.22touchATR
Breakout Close Buffer ATRfloat0.06breakATR
SL Buffer ATRfloat0.35slBufferATR
TP1 RRfloat1.0rr1
TP2 RRfloat2.0rr2
Early Signal Scoreint80earlyThreshold
Confirmed Signal Scoreint90confThreshold
Minimum Gap Between Same Direction Signalsint20minGapBars
Show TrendlinesbooltrueshowLines
Show EMAsbooltrueshowEMAs
Show LabelsbooltrueshowLabels
Show Entry / SL / TPbooltrueshowTradePlan
Move SL to Breakeven After TP1booltrueuseBEAfterTP1
Label Offset ATRfloat0.35labelOffsetATR
Label SizestringSmalllabelSizeInput
Show DashboardbooltrueshowDashboard
Dashboard PositionstringTop RightdashPosInput
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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