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Level Break Breakout Strategy

Level Break Breakout Strategy

Overview

A breakout indicator that continuously tracks stepped support and resistance levels as price evolves, plotting them as coloured step-lines directly on the chart. When price breaks and holds beyond a tracked level, an entry marker fires — giving the trader a clean visual signal without needing to draw levels manually.

How It Works

  • Red and green step-lines track the most recent resistance and support zones, updating as new levels are confirmed
  • A triangle marker fires on confirmed breakout entries
  • Built as a TradingView indicator with built-in alert conditions, so it can also drive automated execution via webhook

Delivery Includes

  • Pine Script v5 script, added to your TradingView account (source code available on request after full payment)
  • Alert configuration guide
  • 10-day support

Level Break Indicator Pine Script source

Pine Script v5BreakoutLevel Tracking

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