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[b2bw] Dip Hunter & Breakout Scanner, inlcuding alerts.

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Dip Hunter & Breakout Radar (Multi-Timeframe + Trend Filter)
Stop guessing the dip. Start measuring it.

This indicator is designed for traders who want to buy pullbacks in uptrends or catch breakouts—without the noise. It calculates the exact distance of the current price to a specific High (e.g., 52-Week High, Monthly High) and visually signals whether you are in a "Dip Zone" or a "Breakout Zone."

🚀 New in Version 1.7: Complete Flexibility
We moved beyond just the "52-Week High." You can now adapt the indicator to your personal trading style—whether you are a Swing Trader, Position Trader, or Investor.

Key Features
1. ⏱️ Multi-Timeframe Lookback (New!) Not every trader looks at the yearly high. You can now select your preferred reference point:

1 Week / 1 Month: Perfect for short-term momentum and swing setups.

3 Months / 6 Months: Ideal for intermediate trend followers.

52 Weeks (Yearly): The classic standard for long-term investors.

Custom: Define your own lookback period.

2. 🛡️ Integrated Trend Filter (SMA) Don't catch a falling knife. Buying a -30% dip is great in a bull market, but dangerous in a bear market.

Smart Visuals: If the price is below your defined SMA (e.g., SMA 200), the label turns DARK GRAY and warns you ("⚠️ Bearish").

Logic: This helps you filter out bad signals and focus on dips within a healthy uptrend.

3. 📅 Context is King: "Days Since High" A breakout above a high from yesterday is noise. A breakout above a high from 6 months ago is a massive signal.

The label now displays exactly how old the high is (e.g., "vs High 45d ago"). This gives you instant context on the significance of the level.

4. 🔔 Dynamic Alerts Never miss a move. Set alerts for:

Dip Levels: Get notified when price hits -10%, -20%, or -30% (customizable).

Breakout Radar: Get notified when price approaches the High (Pre-Breakout).

How to use
Add to Chart: Works on any asset (Stocks, Crypto, Forex).

Select Period: Choose "52 Weeks" for investing or "1 Month" for active trading.

Watch the Label:

🔵 Blue: Breakout Zone (Price is near High).

🟢 Green: Buy Zone (Price dipped significantly).

⚫ Gray: Caution (Price is below SMA / Downtrend).

Settings:

Lookback Period: Choose between Weekly, Monthly, Quarterly, Yearly, or Custom.

Trend Filter: Enable/Disable the SMA warning and set the length (Default: 200).

Dip Levels: Customize your % percentage levels for the pullback zones.

Happy Hunting! 📉➡️📈

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