False Breakouts Indicator by TradingFinder on TradingView is tailored for identifying false breakouts, or Swing Failure Patterns (SFP).π―π
This indicator marks key levels where price temporarily moves beyond support or resistance but reverses, signaling potential trend shifts. π
It includes adjustable settings for swing periods and alert options, allowing precise customization to fit various trading strategies. πΉπ
This tool helps experienced traders enhance their technical analysis and risk management, making it suitable for markets such as forex, stocks, and crypto.
https://www.tradingview.com/script/F36FiRQ7-False-Breakouts-TradingFinder-Fake-Breakouts-Failure/