Built for: Breakout traders, volatility watchers, and anyone tired of chasing fake moves.
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🧠 What This Script Does:
This tool combines Price Coil Compression & Expansion (PCCE) with a real-time False Breakout Detector to help traders:
1. Anticipate breakout moves by detecting early signs of volatility contraction.
2. Confirm breakout strength using volume and price behavior filters.
3. Avoid false signals by flagging traps when price breaks a key level but fails to follow through.
This is not just a mashup of two concepts — it’s a complementary system that gives traders both a setup and a validation layer, working in tandem.
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🔧 How It Works (without revealing source logic):
🌀 PCCE – Compression Breakout Engine
• Detects tight coil zones based on shrinking candle bodies, wick-to-body dominance, and compressed range.
• Highlights these zones visually (gray boxes) on the chart.
• Triggers “Burst↑” or “Burst↓” signals only when price breaks out with:
• Candle body > average × multiplier
• Volume > average × multiplier
• (Optional) EMA trend alignment
• Cooldown logic prevents signal clustering.
🚫 False Breakout Detection
• Monitors swing highs/lows from a configurable lookback period.
• Flags bull traps (❌ red) or bear traps (❌ green) if breakout attempts fail within a few bars.
• These traps often precede reversals or signal exhaustion.
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✅ Why This Isn’t Just Another Mashup
While compression and fakeouts are well-known concepts, this script:
• Derives coil logic dynamically (not from fixed ranges or Bollinger Bands),
• Uses behavior-based filters (body strength, volume thrust, wick dominance),
• And adds real-time trap detection to confirm or invalidate expansions.
The combination provides both signal anticipation and validation, reducing whipsaws and improving decision-making.
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📊 How to Use:
1. Wait for compression zones to appear → prepare for potential expansion.
2. Follow Burst↑/↓ signals only if supported by trend/volume.
3. If ❌ markers appear, be cautious — price may reverse or become range-bound.
4. Ideal for 15m–4H charts, especially in BTC, ETH, indices, and trending assets.
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🧠 Final Thought
Breakouts without structure are noise. This tool brings structure, confirmation, and trap detection into one cohesive framework — for those who prefer precision over hope.
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₹7,999.00Price
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