These tools were built to take the guesswork out of finding and acting on systematic breakout setups. The core offering is the Daily Pivot Breakout Strategy Indicator, available on TrendSpider and TradingView, with dual momentum filters and volume confirmation to identify high-quality entries. The suite also includes a companion scanner, a Bullish Ichimoku Crossover Scanner, and the free Ichimoku Extension indicator. Enter your email below to access everything for free.

Daily Pivot Breakout Strategy Indicator

Overview

The Daily Pivot Breakout Strategy Indicator identifies confirmed breakouts above the most recent daily pivot high, filtered for trend strength and volume participation. Signals are calculated on daily data and mapped to any chart timeframe, giving you daily-level signal quality with the flexibility to manage entries and exits across any timeframe.

• Available on: TrendSpider & TradingView
• Best For: Swing traders and systematic breakout traders
• Momentum Filter: 100-day ROC ≥ 30% OR 100-day EMA Slope ≥ 20% (either qualifies the entry)
• Volume Filter: 20-day RVOL > 1 (above-average volume required)

Daily Pivot Indicator on TrendSpider

Daily Pivot Indicator on TradingView

How It Works

The indicator detects confirmed pivot highs using left and right bar strength, then waits for price to close above the most recent pivot high for the first time. When that close occurs, it checks two conditions: at least one momentum filter must pass (ROC or EMA Slope, OR logic), and volume must be above average. One signal fires per pivot. Once a breakout is confirmed, that pivot is locked until a new one forms.

On TrendSpider, signals are calculated on daily data and mapped to the 5-minute chart. On TradingView, the indicator plots daily breakouts and next-day entries on any timeframe.

Momentum Filters and Candle Coloring

The indicator uses two momentum filters with OR logic: the 100-day Rate of Change (ROC) and the 100-day EMA Slope %. A breakout qualifies if either filter passes alongside above-average volume. Both passing together signals the strongest setup, but either alone is sufficient.

Candles are colored based on the combined state of both momentum filters, giving you a constant read on trend health across any timeframe:

• Green: Both ROC and EMA Slope are bullish
• Cyan: One bullish, the other neutral
• Gray: Both neutral
• Orange: One bearish, the other neutral
• Red: Both bearish
• Purple: Conflicting (one bullish, one bearish)

Candle coloring can be toggled on or off via the “Enable Momentum Candle Colors” setting.

Built-in Trailing Stop

A 20% trailing stop is automatically calculated from entry and painted directly on the chart. The stop trails up as price makes new highs and updates only on daily bar closes, so there is no intraday repainting. It stays visible for one bar after being hit so alerts can fire reliably.

To manage your exit, set an alert on the trailing stop line inside the indicator. When the stop is hit, the alert fires and you can exit manually or route it through SignalStack for automated execution. This works the same way on both TrendSpider and TradingView.

Signal Types

• 5PivotBreakout_Scan (Day-0): Fires on the close of the breakout day. Use this for after-close scanning to build your watchlist.
• 5PivotBreakout_Strategy (Next Day): Fires at the first bar of the following session. This is your actionable entry signal for strategy testing.

Typical Workflow

1. Run the “5/5 Pivot Breakout” scan after the market closes.
2. Review confirmed setups and build your watchlist.
3. Enter the next day at the open with the trailing stop alert set on the indicator.

Key Features

• Strict pivot logic with no repainting
• Dual momentum filters (ROC and EMA Slope %) with OR logic
• Volume confirmation via 20-day RVOL
• Candle coloring system showing combined momentum state across any timeframe
• Built-in 20% trailing stop painted on the chart, alert-ready for manual or automated exits
• Daily-level signal quality mapped to any chart timeframe

Tracking your breakout trades in a trading journal helps you identify which filter conditions produce your best results over time.

Daily Pivot Breakout Scanner

The Daily Pivot Breakout Scanner is built specifically for this strategy and can be imported directly into TrendSpider. It automatically identifies confirmed daily breakouts based on the indicator’s logic with no manual configuration needed.

Premium Discord Alerts and Swing Watchlist

Prefer not to run the scan yourself? Premium members receive scanner alerts in the Discord community automatically. Alerts fire once per day on the close, so when the market closes and a setup qualifies, it posts in the channel. You review the results each evening and decide which setups to enter the next morning.

Premium membership also includes access to the personal swing trading watchlist, updated daily based on current positions and setups being watched. This is shared as a bonus for email signups, with the full alert channels included in the premium plan.

The strategy has been backtested across 1,500+ tickers over $2B market cap from 1994 through 2026, testing three momentum filter configurations. In all variations, maximum drawdown was significantly lower than SPY’s over the same period. Full backtest results are shared in the premium Discord.

Access is included with the Whop premium plan at $19/month or $9.91/month billed annually, which includes the Financial Tech Wiz Trading Journal app, all scanner alert channels, and exclusive Discord setups.

Bullish Ichimoku Crossover Scanner

Overview

The Bullish Ichimoku Crossover Scanner identifies when short-term momentum flips positive within the Ichimoku Cloud system. Available for TrendSpider import and posted in the premium Discord, it is a reliable confirmation tool for swing traders who want trend alignment before entering a position.

Use Cases

• Spotting new uptrends or trend continuation setups after a pullback
• Combining with pivot breakouts for stronger confluence on entries

Ichimoku Extension Indicator

The Ichimoku Extension by Financial Tech Wiz is a free custom indicator that builds on the classic Ichimoku system. It adds automated long and short signals, extended support and resistance levels, and a linear regression overlay to give you a cleaner read on trend direction. Available on TradingView and TrendSpider.

Automated Long and Short Signals

Detects Tenkan-Kijun (TK) crossovers and plots long and short signals directly on the chart, giving you clear entry and exit reference points without having to interpret the crossover manually.

Extended Support and Resistance Levels

Plots extended support (green) and resistance (red) levels on the chart, extending the classic Ichimoku levels for better decision-making. Price values display in the top-right corner, color-coded for quick reference.

Trend Identification with Linear Regression

Incorporates a linear regression line that analyzes overall trend direction based on the slope of the Ichimoku cloud. The regression period is customizable, giving you flexibility across different markets and timeframes.

Customizable Settings

Adjust the regression period, hide the full cloud if you only want to see signal labels and price levels, and toggle the long and short labels on or off to reduce chart clutter.

For a deeper look at this indicator, see the full Ichimoku Extension indicator page. If you are exploring other tools to pair with it, the best TradingView indicators post covers the top community-built options by strategy.

How to Access the Ichimoku Extension Indicator

Enter your email below to get access to the Ichimoku Extension indicator and integrate it into your TradingView or TrendSpider charts.

Frequently Asked Questions

What is the Daily Pivot Breakout Strategy Indicator?

The Daily Pivot Breakout Strategy Indicator detects confirmed breakouts above daily pivot highs, filtered for trend strength and volume participation. It uses two momentum filters (100-day ROC and 100-day EMA Slope %) with OR logic, plus a 20-day RVOL filter. At least one momentum condition and above-average volume must be met before a signal fires. It is available on TrendSpider and TradingView.

What are the two momentum filters and how do they work together?

The indicator uses a 100-day Rate of Change (ROC) and a 100-day EMA Slope % as momentum filters. The logic is OR: a breakout qualifies if either filter passes alongside above-average volume. Both passing together produces the strongest signal. The candle coloring system on the chart shows the real-time combined state of both filters so you can read momentum health at a glance.

Does the Daily Pivot Breakout indicator repaint?

No. Pivot highs are confirmed using left and right bar strength before a signal fires. The 20% trailing stop updates on daily bar closes only. One signal fires per pivot and the pivot is locked once triggered, so there is no retroactive repainting of past signals.

What is included with the free email signup?

Free email access includes both the Daily Pivot Breakout Strategy Indicator and the Ichimoku Extension Indicator, plus the link to the personal swing trading watchlist updated daily. The full backtest results and daily Discord scanner alerts are included with the Whop premium plan at $19/month or $9.91/month billed annually.

How do I manage exits with this strategy?

Set an alert on the built-in trailing stop line inside the indicator. When the stop is hit, the alert fires and you can exit manually or route it through SignalStack for automated execution. This approach works on both TrendSpider and TradingView without additional tools.

For educational purposes only. Not financial advice. Always test thoroughly before live trading.