CBC — Candle-Based Close Trailing

Trailing stop-loss based on candle structure. Let winners run. Automatically.

• Candle-Based Trailing: Stop-loss that respects candle structure, not arbitrary percentages
• Adaptive Logic: Adjusts trailing distance based on market conditions
• Visual SL Output: See your trailing stop plotted directly on chart
• Pine Screener Built In: Scan your watchlist for stocks hitting CBC trailing stop conditions. Indicator + screener in one script.
• Automation-Ready Alerts: Stop-loss level and direction passed as alert parameters — connect to Execute and your trailing stop drives automated exits
• Free Version Available: Try the core CbC trailing logic free on TradingView — upgrade for the full performance table, screener, and automation-ready alerts