Market / MetaTrader 4 / Indicators /

Daily Breakouts

99 USD

Demo downloaded: 883

Published: 7 August 2015

Current version: 1.50

Daily Breakouts

Indicators
Paul Reymkhe
Version: 1.50
Updated: 12 April 2020
Activations: 5

DailyBreakouts is the perfect tool for traders who use the breakout strategy!

First, DailyBreakouts analyzes the last day; then, the beginning of the new day. After that, it gives you the signal for the breakout.

With the integrated menu, you have the perfect overview of the pips, breakout zones, stop loss, and take profit.

DailyBreakouts works on M30 and H1 timeframes, because it gives you one signal per day - so it is pointless to use lower or higher timeframes.

To improve results, you can combine DailyBreakouts with a Trendindicator (TrendfollowerSR) to get a dual confirmation for the entries.

Benefits

Overall view using the menu
Visual view of stop losses and take profits on the chart
Very easy to use
Suitable both for professional traders and beginners
Increase efficiency in combination with a trendindicator
No repaint and no backpaint

Inputs

Digits Broker - price digits on the chart

Signals

Draw Vertcal Lines - draw vertical entry lines
Show Timestamp - timestamp for the entry line
Buy-Line Color - color of the vertical buy line
Sell-Line Color - color of the vertical sell line
MT4 Alert - alarm notification on your MetaTrader 4 platform
EMail Alert - alarm notification on your email account
Mobile Alert - alarm notification on your mobile device

SL & TP

Risk type - higher risk -> the TP and SL are further away from the entry
Stop Loss Color - color of a stop loss line
Take Profit 1 Color - сolor of the first take profit line
Take Profit 2 Color - color of the second take profit line
Take Profit 3 Color - color of the third take profit line
Draw Background - show/hide the stop loss and take profit zones
Stop Loss Background Color - color for the background of the stop loss zone
Take Profit Background Color - color for the background of the take profit zone

Show Menu - show/hide the menu
Coord. X - X coordinate for the menu (horizontal)
Coord. Y - Y coordinate for the menu (vertical)
Menu Background color - menu color
Menu Label color - font color
Menu in Background - if yes, then you see other objects through the menu
Statuscolor BUY - color of the menu status line for BUY (at the bottom)
Statuscolor SELL - color of the menu status line for SELL (at the bottom)

more...

32725

Antonis Michos 2020.12.28 20:31 #

This is a great job done.Congadulations!

473

Shyam Bond 2020.06.12 13:01 #

My first day of live trading and I made 302 pips off 12 pairs. And the best is yet to come. Great indicator.

196

rocro 2020.06.09 10:34 #

Excellent indicator wich gives good trade entries

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2 days left - next price 699$ . The price will be increased until it reaches the final price. Please contact us after purchase so that we can give you the necessary Set Files and invite you to our VIP group . N9T is an innovative Night-Scalping EA. The main strategy is from PROscalper supplemented by TrendFollowerSR and DailyBreakouts with several additional filters. The EA does not use grid , martingale or other dangerous strategies . Fixed stoploss and take profit ar

699 USD

Live Signals: IPRO Zar 150 multi IPRO Zar 200 IPRO Zar default The main idea was to make as much profit as possible with the EA over a not too long period and to withdraw it again and again - but in the end the EA can do both . IPRO Zar is able to generate smaller profits in the long term and thus let the account grow slowly. It is also possible with the EA to achieve large profits in the short term, but with a very high risk . EA looks for pull backs

999 USD

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32725

Antonis Michos 2020.12.28 20:31 #

This is a great job done.Congadulations!

[Deleted] 2020.06.20 09:50 #

User didn't leave any comment to the rating

473

Shyam Bond 2020.06.12 13:01 #

My first day of live trading and I made 302 pips off 12 pairs. And the best is yet to come. Great indicator.

196

rocro 2020.06.09 10:34 #

Excellent indicator wich gives good trade entries

Jaric Terios 2015.08.12 10:19 #

User didn't leave any comment to the rating

Version 1.50 2020.04.12

Changes:
- New Menu
- Code fix

Version 1.30 2016.04.26

- Fixed some errors

Version 1.20 2015.12.10

Improved the code, made small changes in the Algorithm.

Version 1.10 2015.11.27

Error Messages fixes.