Heatmap Trailing Stop with Breakouts (Zeiierman)█ Overview
Heatmap Trailing Stop with Breakouts (Zeiierman) is a trend and breakout detection tool that combines dynamic trailing stop logic, Fibonacci-based levels, and a real-time market heatmap into a single, intuitive system.
This indicator is designed to help traders visualize pressure zones, manage stop placement, and identify breakout opportunities supported by contextual price–derived heat. Whether you're trailing trends, detecting reversals, or entering on explosive breakouts — this tool keeps you anchored in structure and sentiment.
It projects adaptive trailing stop levels and calculates Fibonacci extensions from swing-based extremes. These levels are then colored by a market heatmap engine that tracks price interaction intensity — showing where the market is "hot" and likely to respond.
On top of that, it includes breakout signals powered by HTF momentum conditions, trend direction, and heatmap validation — giving you signals only when the context is strong.
█ How It Works
⚪ Trailing Stop Engine
At its core, the script uses an ATR-based trailing stop with trend detection:
ATR Length – Defines volatility smoothing using EMA MA of true range.
Multiplier – Expands/retracts the trailing offset depending on market aggression.
Real-Time Extremum Tracking – Uses local highs/lows to define Fibonacci anchors.
⚪ Fibonacci Projection + Heatmap
With each trend shift, Fibonacci levels are projected from the new swing to the current trailing stop. These include:
Fib 61.8, 78.6, 88.6, and 100% (trailing stop) lines
Heatmap Coloring – Each level'slevel's color is determined by how frequently price has interacted with that level in the recent range (defined by ATR).
Strength Score (1–10) – The number of touches per level is normalized and averaged to create a heatmap ""score"" displayed as a colored bar on the chart.
⚪ Breakout Signal System
This engine detects high-confidence breakout signals using a higher timeframe candle structure:
Bullish Breakout – Strong bullish candle + momentum + trend confirmation + heatmap score threshold.
Bearish Breakout – Strong bearish candle + momentum + trend confirmation + heatmap score threshold.
Cooldown Logic – Prevents signals from clustering too frequently during volatile periods.
█ How to Use
⚪ Trend Following & Trail Stops
Use the Trailing Stop line to manage positions or time entries in line with trend direction. Trailing stop flips are highlighted with dot markers.
⚪ Fibonacci Heat Zones
The projected Fibonacci levels serve as price magnets or support/resistance zones. Watch how price reacts at Fib 61.8/78.6/88.6 levels — especially when they're glowing with high heatmap scores (more glow = more historical touches = stronger significance).
⚪ Breakout Signals
Enable breakout signals when you want to trade breakouts only under strong context. Use the "Heatmap Strength Threshold" to require a minimum score (1–10).
█ Settings
Stop Distance ATR Length – ATR period for volatility smoothing
Stop Distance Multiplier – Adjusts the trailing stop'sstop's distance from price
Heatmap Range ATR Length – Defines how far back the heatmap scans for touches
Number of Heat Levels – Total levels used in the heatmap (more = finer resolution)
Minimum Touches per Level – Defines what counts as a ""hot"" level
Heatmap Strength Threshold – Minimum average heat score (1–10) required for breakouts
Timeframe – HTF source used to evaluate breakout momentum structure
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
