Pro BTB Pour Samadi Indicator to TradingView - Free - [TradingFinder]

The Pro BTB Pour Samadi Indicator in TradingView models the natural market behavior after breaking a significant level.

This indicator structurally implements the Back To Breakeven logic; meaning that after a key level is broken by a spike, the price returning to the same level is defined as the main decision-making zone. Its execution logic includes three main stages:

• Breaking a valid support or resistance
• Price returning to the broken level
• Continuation of the dominant trend

This indicator, by analyzing spikes and fair value gaps, identifies entry signals by displaying green and red lines on the chart.

Specification Table of Pro BTB Pour Samadi Indicator

The table below presents the features and capabilities of the Pro BTB Pour Samadi Indicator.

Pro BTB Pour Samadi Indicator at a Glance

The Pro BTB Pour Samadi Indicator can be applied in both bullish and bearish structures and functions as a specialized filter for price action traders.

By combining concepts such as imbalance, inefficiency, and candlestick patterns, the indicator evaluates trade entries in price retracement zones.

In addition, besides displaying entry zones, it also allows Stop-Loss and Take-Profit settings with a specified risk-to-reward ratio.

Indicator Performance in Bullish Trend

In a bullish scenario, an upward spike first breaks resistance and changes the market structure; after this move, the price returns to the broken level and issues a buy entry signal.

Indicator Performance in Bearish Trend

In this indicator, a downward spike breaks support validly and changes the market’s direction. After the breakout, the price returns to the same level and turns it into active resistance. In this case, the indicator confirms the sell entry signal by registering a candlestick.

Pro BTB Pour Samadi Indicator Settings

The following image shows the details of Pro BTB Pour Samadi Indicator settings:

SPIKE FILTER | MOVEMENT

• Minimum Spike Bars: Minimum number of spike candles
• Movement Power: Power of spike movement

SPIKE FILTER | GAP

• Gap Filter: Display Gap filter

SPIKE FILTER | DOJI

• Doji Tolerance: Acceptance of Doji candle
• Max Doji Body Ratio: Maximum body-to-candle ratio for Doji
• Max Doji in Spike Ratio: Maximum percentage of Doji within spike

POSITION MANAGEMENT

• Stop-Loss Threshold: Show stop-loss threshold
• Risk-Reward Ratio: Show risk-to-reward ratio
• Include Stop-Loss Threshold in R:R: Include stop-loss threshold in risk-to-reward calculation

DISPLAY SETTING

• Display Mode: Show display mode
• Show Entry Levels: Display entry levels
• Only Display the Last Position: Display only the last position
• Setup Width Drawing: Show setup drawing width

ALERT

• Alert: Display alert

INPUT VALUES

• Inputs in status line: Show inputs in status line

Conclusion

The Pro BTB Pour Samadi Indicator identifies precise and low-risk entry points by combining key level breakouts and price retests.

This trading tool shows bullish entry conditions after turning resistance into support, and bearish entry conditions after turning support into resistance; also, using candlestick confirmation increases the reliability of the signals.