Advanced Second Entry Is Now on TradingView — Free, Open Source, Pine Script v6
Advanced Second Entry has always been a NinjaTrader 8 indicator. It tracks alternating up/down price legs, watches for a breakout attempt, and flags the classic second-attempt breakout — the “2nd entry” setup — once the leg structure confirms it’s real rather than noise.
That same detection logic is now available natively on TradingView, rebuilt from the ground up in Pine Script v6 as a faithful line-by-line port of the NT8 C# source. It’s free, open source, and installs in about a minute.
Short version: same core algorithm as the NinjaTrader 8 indicator, verified line-by-line against the original C# source, rebuilt natively for Pine rather than emulated. TradingView-appropriate visuals and inputs replace NT8-specific UI — no licensing screen, no NT8 sound picker.
Install It in About a Minute
Because it’s open source, there’s no marketplace listing to wait on and nothing to purchase. Installing it is three steps:
- Copy the Pine Script source from the GitHub repository.
- Paste it into a new script in TradingView’s Pine Editor.
- Click Add to Chart.
How the Signal Detection Works
The core concept is unchanged from the NT8 version: the indicator maintains alternating up-leg/down-leg state, incrementing an entry counter each time price breaks the prior bar’s high (for longs) or low (for shorts) by a configurable tick offset. A leg’s count resets to 1 whenever price takes out that leg’s pivot extreme, so the counter only escalates within a genuine, unbroken structure — not random back-and-forth noise.
- 1st / 2nd entry labeling — 1L/1S mark first breakout attempts, 2EL/2ES mark the second-entry setup, which is the core actionable signal.
- Only Show Second Entries — hide the noisier 1st-entry markers and show only 2EL/2ES.
- Strict Signal Bars — optional filter that only allows a 2nd-entry signal if the prior bar closed within a configurable zone near its high (longs) or low (shorts), screening out weak, indecisive signal bars.
- Strict Signal Zone (%) — configurable size of that “good bar” close zone, default around 33%.
- Break Offset (Ticks) — how far beyond the prior bar’s extreme price must travel to count as a break.
Once a 2nd-entry signal prints, optional HL / LH markers (Higher Low / Lower High) appear after price pulls back and resumes in the setup’s favor — a secondary confirmation that the structure is holding.
Trade Projection, Right on the Chart
Show Projection Lines draws live Entry, Stop, and Target lines projecting forward from an active pending second-entry setup, so you can see the trade plan before it triggers. Target (Ticks) sets the distance from entry to the target line, and Projection Bars Forward controls how far the lines extend ahead of price.
An optional EMA overlay with configurable length adds trend-bias context alongside the entry signals, and Alerts Enabled fires a standard TradingView alert once per bar close when a signal prints — long #n or short #n.
Settings & Style Panels
Every input above is exposed through TradingView’s native Settings and Style panels — no separate config screen to learn. Label placement, offsets, and background opacity are independently adjustable for entry labels and HL/LH markers, and color controls cover long/short signal color, label background, HL/LH background, the EMA, and each projection line.
One thing worth calling out: Swap Label Placement flips entry-signal labels to the opposite side of the bar and flips the arrow direction to match, for traders who prefer labels sitting away from price action rather than hugging it.
What’s Different From the NinjaTrader 8 Version
This isn’t an emulation layered on top of Pine — it’s a native rebuild, verified line-by-line against the NT8 C# source so the detection logic matches exactly. The differences are limited to platform-specific UI that doesn’t have a Pine equivalent:
- No licensing or activation screen — TradingView scripts don’t require one.
- No NT8-style sound file picker — TradingView alerts don’t expose custom sound file selection, so alert sound is handled through TradingView’s own alert notification settings instead.
Every signal-detection input, confirmation marker, projection line, and color control from the NT8 indicator carries over.
Free, Open Source, on GitHub
The full Pine Script v6 source is published by Price Action Tools and free to use: