Hi everyone, I put this together while learning Pine and wanted to share to see if anyone finds it useful.
It does a decent job predicting the direction of breakouts from range conditions, as well as picking up some easy trend profits. I had some fun making it quite configurable for those who would like to tune it for a particular index (for example, check out GOOG at 1 hour resolution with the default values, just for fun).
Please let me know if you like anything about it or have suggestions!
Here it is in BTCUSD, using the same settings as the GOOG chart above.