APX Venturi Break (SMH)

APX Venturi Break (SMH) User Guide

Introduction

The APX Venturi Break (SMH) indicator is a vital element of the APX Trading Indicator Suite, engineered to detect volatility squeezes and breakouts on TradingView charts, with a focus on Sub-Minute to Hourly (SMH) timeframes such as 1-minute, 5-minute, or 30-minute charts. It overlays on your price chart, using customized Bollinger Bands and Keltner Channels to identify contraction periods (squeezes) and mark subsequent expansions with directional arrows. The "Venturi" name draws from the concept of accelerated flow through constrictions, analogous to how market pressure builds and releases in shorter timeframes.

This indicator is ideal for intraday trading in fast-moving markets across assets like forex, stocks, commodities, and cryptocurrencies, where it generates more frequent signals compared to its counterpart, APX Bernoulli Break (optimized for DWM). It features relaxed parameters for minute-based charts to capture quicker dynamics without excessive noise. For optimal use, combine it with other suite components—such as APX Flow for trend alignment, APX Pressure Boundary for level confluence, APX Bernoulli Break for higher-timeframe confirmation, and APX RSI to filter overextensions. This is not financial advice; always apply it within your broader strategy and risk framework.

This guide details adding the indicator, settings configuration, visual interpretation, alert setup, and usage tips. Proprietary details are not included.

Adding the Indicator to Your Chart

  1. Open TradingView: Log in to your account and load the chart for your asset, ideally on a sub-minute to hourly timeframe for best results.

  2. Access Indicators: Select the "Indicators" button (fx icon) at the top.

  3. Search for APX Venturi Break (SMH): Type "APX Venturi Break (SMH)" in the search (confirm it's from crypticcrypto11). Choose it.

  4. Add to Chart: Click "Add to Chart" or double-click. The overlay will display.

  5. Customize Settings (Optional): Double-click the legend entry or right-click and pick "Settings" for user controls (see below).

If the script isn't accessible, review your TradingView access or permissions.

User Inputs and Settings

APX Venturi Break (SMH) keeps user options simple, with timeframe-adaptive parameters pre-configured. Modify via the settings:

  • Show Squeeze (Default: True): Controls the visibility of squeeze periods, showing orange Bollinger Band lines and yellow shaded fills.

  • Show Breakout Arrows (Default: True): Toggles the green up and red down triangles for bullish/bearish breakouts.

These allow tailoring the display—e.g., turn off squeezes to emphasize breakouts only. Adjustments reflect immediately.

Visual Elements and Interpretation

The indicator uses adaptive lines, shading, and shapes, with parameters tuned for lower timeframes (e.g., shorter lengths and looser thresholds on minute charts for more responsive signals). Interpret as follows:

1. Squeeze Lines and Shading

  • Appearance: Thick orange lines for upper/lower Bollinger Bands, shown only during squeezes if "Show Squeeze" is active. A yellow semi-transparent fill boxes the area between, highlighting the contraction.

  • Behavior: Squeezes detect when bands narrow relative to channels and prior widths, with minute-timeframe relaxations like decreasing width checks for timely identification.

  • Interpretation: Signals "constriction" phases where volatility compresses, often leading to bursts. On SMH frames, these appear more often for scalping; yellow shading alerts to prepare for potential moves.

2. Breakout Arrows

  • Bullish Breakout (Green Upward Triangle Below Bar): Indicates price pushing above the upper band after a squeeze, with lowered strength thresholds on minute TFs for frequent triggers.

  • Bearish Breakout (Red Downward Triangle Above Bar): Marks price dropping below the lower band post-squeeze, similarly relaxed for intraday sensitivity.

  • Behavior: Arrows display if "Show Breakout Arrows" is enabled, requiring a minimum squeeze duration. Uses close-based conditions over strict crossovers for more signals.

  • Interpretation: Represents the "acceleration" or release—green for upward potential (consider longs); red for downward (shorts or caution). More prevalent on lower TFs, but filter with volume or trends to avoid false positives.

Visuals remain hidden outside squeezes/breakouts for a clutter-free chart. On higher TFs (e.g., hourly), signals align closer to Bernoulli's conservatism.

Setting Up Alerts

Built-in alerts notify of key events. Configure them:

  1. Add Alert: Right-click chart, choose "Add Alert," or via settings.

  2. Select Condition:

    • Volatility Squeeze Detected: On squeeze start, message "Potential breakout incoming."

    • Bullish Breakout: On green arrow, "Price broke upper BB after squeeze."

    • Bearish Breakout: On red arrow, "Price broke lower BB after squeeze."

  3. Set Preferences: Opt for bar close, custom text, and delivery (e.g., app notification).

  4. Manage Alerts: In TradingView's panel.

Tip: Ideal for monitoring multiple pairs; verify with chart context.

Best Practices and Tips

  • Timeframe Optimization: Tailored for SMH (1-min to 1-hour); avoid DWM—use Bernoulli instead. Shorter TFs yield more signals for day trading; hourly for swing setups.

  • Asset Fit: Thrives in high-liquidity, volatile environments; historical testing reveals pattern efficacy.

  • Suite Synergy:

    • With APX Flow: Pair breakouts with macro green/red for directional bias.

    • With APX Pressure Boundary: Validate arrows near zones for stronger trades.

    • With APX Bernoulli Break: Use Venturi for intraday entries, Bernoulli for multi-timeframe confirmation (e.g., daily squeeze + minute breakout).

    • With APX RSI: Skip breakouts in extremes.

  • Strategies:

    • Intraday Breaks: Trade green arrows in uptrends; set quick targets.

    • Squeeze Scalps: Enter during yellow fills if aligned.

    • Filters: Add candle/volume confirmation to curb whipsaws.

  • Risk Controls: Stops outside bands; manage position size in fast markets.

  • Customization: Disable elements for focused views.

  • Evaluation: Replay historical data to assess squeeze-to-breakout ratios.

Reach out to TradingView for support if needed.

For the GitBook project, could you provide examples of trading scenarios where APX Venturi Break (SMH) and APX Bernoulli Break (DWM) are used together (e.g., multi-timeframe strategies)? Also, do you want to include screenshots, diagrams, or case studies in this section to illustrate the differences?

Last updated