Help creating breakout screener

• 10/15/2025 at 1:56 PM #252624
  TheMik

  Hello, I’m new to ProRealTime and already see how powerful it is. I’d like help creating a breakout screener to find symbols that may be ready to break out. Maybe such an indicator already exists or something close that I can build on.

  Goal: detect setups where price forms equal swing highs or lows (potential breakout zones).

  This would be used for stocks.

  Requirements:

  • Scan on 1-minute timeframe
  • Use only today’s session, starting from premarket
  • Define a swing point (“peak”):
    • High peak: highest high vs 3 bars left and right
    • Low peak: lowest low vs 3 bars left and right
    • Confirm after 3 bars to the right (detection delay)
  • Equal high/low detection:
    • Round prices to 2 decimals (e.g. 216.351 → 216.35)
    • Group peaks by rounded price
    • Plot horizontal lines where 2 or more equal peaks occur
  • Detect only unbroken grouped peaks (price hasn’t crossed the line yet)

  There could be 3 or even more equal swings, which I would want to screen for, but for now just start with 2

  My goal is to automatically identify symbols on the chart that have unbroken equal highs or lows, which could signal potential future breakouts if the setup is valid — without manually checking too many symbols on a such small timeframe.

  This is how pattern look like visually what screener must find ( attached screenshots)

  <!– notionvc: 8e3e600f-ab89-42bb-a3a8-d5fb13ddb9b6 –>

  

  TheMik

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  10/15/2025 at 7:40 PM #252645
  robertogozzi

  This is the indicator that plots GEEN and RED arrows:

  Indicator

  N = 0.02 * Pipsize Peak1 = (high[3] > high[4]) AND (high[4] > high[5]) AND (high[5] > high[6]) Peak2 = (high < high[1]) AND (high[1] < high[2]) AND (high[2] < high[3]) Peak = Peak1 AND Peak2 PeakSignal = 0 IF Peak THEN PeakHigh = high[3] PeakhBar = BarIndex[3*2] IF round(abs(PeakHigh - PeakHigh[1]),2) <= N THEN PeakSignal = max(PeakHigh,PeakHigh[1]) ENDIF ENDIF Trough1 = (low[3] < low[4]) AND (low[4] < low[5]) AND (low[5] < low[6]) Trough2 = (low > low[1]) AND (low[1] > low[2]) AND (low[2] > low[3]) Trough = Trough1 AND Trough2 TroughSignal = 0 IF Trough THEN TroughLow = low[3] TroughBar = BarIndex[3*2] IF round(abs(TroughLow - TroughLow[1]),2) <= N THEN TroughSignal = min(TroughLow,TroughLow[1]) ENDIF ENDIF IF PeakSignal THEN DrawArrowDOWN(BarIndex[3],PeakSignal + Range[2]) coloured("Red") DrawSegment(BarIndex,PeakSignal,PeakhBar,PeakSignal) style(line,2) coloured("Red") ELSIF TroughSignal THEN DrawArrowUP(BarIndex[3],TroughSignal - Range[2]) coloured("Green") DrawSegment(BarIndex,TroughSignal,TroughBar,TroughSignal) style(line,2) coloured("Green") ENDIF RETURN

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  N          = 0.02 * Pipsize Peak1      = (high[3] > high[4]) AND (high[4] > high[5]) AND (high[5] > high[6]) Peak2      = (high < high[1]) AND (high[1] < high[2]) AND (high[2] < high[3]) Peak       = Peak1 AND Peak2 PeakSignal = 0 IF Peak THEN    PeakHigh = high[3]    PeakhBar = BarIndex[3*2]    IF round(abs(PeakHigh - PeakHigh[1]),2) <= N THEN       PeakSignal = max(PeakHigh,PeakHigh[1])    ENDIF ENDIF Trough1      = (low[3] < low[4]) AND (low[4] < low[5]) AND (low[5] < low[6]) Trough2      = (low > low[1]) AND (low[1] > low[2]) AND (low[2] > low[3]) Trough       = Trough1 AND Trough2 TroughSignal = 0 IF Trough THEN    TroughLow = low[3]    TroughBar = BarIndex[3*2]    IF round(abs(TroughLow - TroughLow[1]),2) <= N THEN       TroughSignal = min(TroughLow,TroughLow[1])    ENDIF ENDIF IF PeakSignal THEN    DrawArrowDOWN(BarIndex[3],PeakSignal + Range[2])     coloured("Red")    DrawSegment(BarIndex,PeakSignal,PeakhBar,PeakSignal) style(line,2) coloured("Red") ELSIF TroughSignal THEN    DrawArrowUP(BarIndex[3],TroughSignal - Range[2]) coloured("Green")    DrawSegment(BarIndex,TroughSignal,TroughBar,TroughSignal) style(line,2) coloured("Green") ENDIF RETURN

  please check whether the arrows are plotted correctly.

  This is the screener:

  Screener

  N = 0.02 * Pipsize Peak1 = (high[3] > high[4]) AND (high[4] > high[5]) AND (high[5] > high[6]) Peak2 = (high < high[1]) AND (high[1] < high[2]) AND (high[2] < high[3]) Peak = Peak1 AND Peak2 Signal = 0 IF Peak THEN PeakHigh = high[3] IF round(abs(PeakHigh - PeakHigh[1]),2) <= N THEN Signal = 2 ENDIF ENDIF Trough1 = (low[3] < low[4]) AND (low[4] < low[5]) AND (low[5] < low[6]) Trough2 = (low > low[1]) AND (low[1] > low[2]) AND (low[2] > low[3]) Trough = Trough1 AND Trough2 IF Trough THEN TroughLow = low[3] IF round(abs(TroughLow - TroughLow[1]),2) <= N THEN Signal = 1 ENDIF ENDIF SCREENER[Signal AND (high <> low)](Signal AS "1=Up,2=Down")

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

  N          = 0.02 * Pipsize Peak1      = (high[3] > high[4]) AND (high[4] > high[5]) AND (high[5] > high[6]) Peak2      = (high < high[1]) AND (high[1] < high[2]) AND (high[2] < high[3]) Peak       = Peak1 AND Peak2 Signal     = 0 IF Peak THEN    PeakHigh = high[3]    IF round(abs(PeakHigh - PeakHigh[1]),2) <= N THEN       Signal = 2    ENDIF ENDIF Trough1      = (low[3] < low[4]) AND (low[4] < low[5]) AND (low[5] < low[6]) Trough2      = (low > low[1]) AND (low[1] > low[2]) AND (low[2] > low[3]) Trough       = Trough1 AND Trough2 IF Trough THEN    TroughLow = low[3]    IF round(abs(TroughLow - TroughLow[1]),2) <= N THEN       Signal = 1    ENDIF ENDIF SCREENER[Signal AND (high <> low)](Signal AS "1=Up,2=Down")

   

   

   

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  Iván

  

  robertogozzi

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