Range & Breakout — Next Gen Bazaar
See the range.
Spot the breakout.
A little less chart clutter. A clearer view of what matters. Meet Range & Breakout, an original indicator by Next Gen Bazaar.
Original schematic illustration. Not a TradingView screenshot or evidence of performance.
From a busy chart
to a defined setup.
Understand where price has been, when it moves beyond the range, and how the reference levels fit together.
Define the range
Track the highest high and lowest low of previous candles. Choose a lookback that suits the chart you’re studying.
Confirm the breakout
Signals wait for the candle to close beyond the threshold. Add an ATR buffer and a cooldown between signals.
Map the possibilities
The signal close and opposite range boundary define R. Fixed 1R, 2R and 3R projections give your analysis structure.
Everything you need
to get started.
Your ZIP contains the editable .pine source, START-HERE.txt and VALIDATION-STATUS.txt. Add the source to Pine Editor, save it, and apply it to your chart.
Read the setup questions ↘Original indicator sourceNGB-Range-Breakout.pine · Pine Script v6
01Step-by-step setup guideInstallation, settings, alerts & limitations
02Adjustable analysis settingsLookback · ATR buffer · Cooldown · Visibility
03Transparent logic.
No black-box promises.
The default range uses the previous 20 candles, excluding the current candle. A breakout requires a confirmed close beyond its threshold and a previous close on the inside of that same threshold.
Levels remain fixed until a new signal arrives. They do not track filled trades or clear when touched. Targets are mathematical projections, not predictions or trading recommendations.
Questions?
Start here.
Is this the same as Breakout Master?
No. This is an original Next Gen Bazaar implementation with its own range and breakout rules. It is not affiliated with Breakout Master or its seller.
How do I install it?
Open a chart in TradingView, paste the supplied .pine source into a new indicator in Pine Editor, save and add it to the chart. The guide explains settings and alert creation.
Will signals change while a candle is forming?
Breakout signals require a confirmed candle close. Settings changes, chart type changes and market-data revisions can still change historical output. This is not a blanket guarantee against every type of repainting.
Does it work on every market and timeframe?
It uses chart OHLC data, but suitability has not been validated across markets or timeframes. Use standard candles and paper-test your chosen settings. Synthetic chart prices may be misleading.
Does it place trades or guarantee profits?
No. It is a chart-analysis indicator, not an automated trading bot or a backtested strategy. It does not model fills, fees or slippage. Trading involves risk of loss.
Can I buy it now?
Yes. The one-time price is ₹499. Your download includes editable Pine Script v6 source, a setup guide and the validation report. This is not invite-only access. Follow the download instructions supplied after payment.
Do I need a TradingView subscription?
You need a TradingView account with access to Pine Editor. Available indicators and alerts depend on your current TradingView plan. A subscription is not included.
See the indicator on a real chart.
Chart demonstration only. It does not establish profitability or predict future results.