Market / MetaTrader 4 / Indicators /

Break and Retest

33 purchases per month

59 USD

Demo downloaded: 101

Published: 23 April 2024

Current version: 2.0

Break and Retest

Name: Break and Retest
Price: 59.00 USD
Rating: 5 (7 reviews)
Author: Mohamed Hassan

Indicators
Mohamed Hassan
Version: 2.0
Updated: 24 April 2024
Activations: 10

👨‍💻You can visually backtest Break & Retest to see how it behaved in the past!

📖 Manual guide: Click here

⏳$59 for only 2 copies left! Next price is $120.

📣This Indicator only places quality trades when the market is really in your favor with a clear break and retest. Patience is key with this price action strategy!

After many months of hard work and dedication, we are extremely proud to present you our Break and Retest price action indicator created from scratch. One of the most complex indicators that we made with over 1,400 lines of coding!

The key idea behind our Break and Retest strategy is to wait for the price to break through a support or resistance level, and then go back to that level, to retest it. Now, before entering the trade, our indicator looks for wick rejections indicating that traders are actively defending this retest level. After successfull wick rejections, we wait for the candle continuation to finally get buy & sell signals telling us to enter the trade!

Break and Retest doesn't lag and doesn't repaint!

Visual support & resistance levels at retest.
Buy & Sell signals appear on retest zone.
Professional alert and push notification with the specific time entry of the support & resistance levels, the break zone and finally the retest zone.
Works on Forex, Metals, Indices & Cryptocurrencies.
Works on any timeframe.

👉 For testing, you can use the default settings. We also have our own recommended settings for each timeframe: download the set files here.

Break and Retest parameters

Break & Retest Settings

Max Lookback Break Candle For Broken Zones: 250 by default. How many previous break candles do you want the indicator to remember for a possible retest.
Minimum Candles Between Break And Retest: 8 by default. What is the minimum candles required between a break and a retest. Higher number gives more room for clear retests.
Enable Confirmation Filter (Close Above/Below prev. High/Low): True by default. True means that when there is a retest, indicator waits for the confirmation candle after the wick rejection.
Use Fractal To Detect Swing (Late Entry): False by default. If set to true, after a retest, the entry signal will appear after several confirmation candles. Fractal means that we wait to have the highest high or lowest low of the candlesticks. This means that you will enter your trade after a late retest.
Alert: True by default. When a new signal appears after a retest, you will get a notification for either buy or sell in your MT4 terminal.
Push: True by default. When a new signal appears after a retest, you get a push notification in your phone from the Metatrader 4 app.
color_brokenres: Blue by default. Here, you can change the color of your resistance zones.
color_brokensup: Red by default. Here, you can change the color of your support zones.

Supply/Demand Settings

Max LookBack Candles For Support & Resistance: 250 by default. How many candles far back from the actual price do you want the indicator to memorize the support and resistance zones. It would make sense to lower this number if you're trading on smaller timeframes and make it higher when you're trading higher timeframes. However, 250 is a one size fits all solution for all timeframes so you don't need to change that!
Support & Resistance Sensitivity: 0.10 by default. This is the thickness of the support and resistance zones. If you want a thin line, you can lower the number to 0.07 per example. If you want a thick line, you can increase the number to 0.20 per example. We selected 0.10 by default because we personally feel like it's the perfect line width. This parameter can definitely be tweaked for your trading purposes!

⚠️ To make sure that Break and Retest works properly, here is what you need to see at the top left of your MT4 chart:
Health: Working Ok...
Status: Scanning for a Break & Retest entry...

more...

861

Tibor Hartmut Sturm 2024.05.02 10:55 #

The clear description of Mohamed and the great work of the Indicator showing the awesome knowledge of him. I can recommend this inidicator 100%. Two days in use, 5 times out of 5 times profit with Cable H4 and Gold H1

136

ma234meRA 2024.05.01 17:54 #

MUY BUENOS DÍAS, COMPRE EL INDICADOR BREAK AND RESEST, LA VERDAD ES MUY BUENO Y LO RECOMIENDO, LAS SEÑALES SON MUY PRECISAS. LO QUE TIENE QUE TENER ES PACIENCIA. PERO CUANDO RECIBA UNA SEÑAL CORRE PARA NO PEDERTE ESA OPORTUNIDAD, YO HE TENIDO VARIAS SEÑALES EN ORO, NO LA HE PODIDO TOMAR POR NO ESTAR CERCA DE LOS GRAFICO PERO HAN SIDO MUY BUENA, LA VERDAD MUY BUENO EL INDICADOR

202

scsc2836 2024.05.01 08:28 #

Very good indicator, works great, Mohamed was very helpful during installation

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This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions. MT5 version: click here 3 copies left available at $39. Next price is $99. Don't miss this great deal! The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signals generated

39 USD

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149 USD

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39 USD

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45 USD

The Katana indicator works like a charm with our other indicator called Trend Forecasting . When you have these 2 indicators, you can use an extraordinary strategy that we provide to you after purchase. Katana is a follow the trend indicator that sends you buy & alert signals. There is several possibilities on how you can use it. 1st Possibility: When market goes above middle line, it's a buy signal. When market goes below middle line, it's a sell signal. You can use it everyday for your ma

30 USD

This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get Katana for FREE as a BONUS! PROMO FOR THE MT5 version: $55 for a very limited time! Next price is $105. The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signals generated by MACD. It helps you have an estimation on the areas that the price may develop in

55 USD

Filter:

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Tibor Hartmut Sturm 2024.05.02 10:55 #

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Reply from developer Mohamed Hassan 2024.05.02 18:10 #

Thank you so much Tibor for your support. I'm really happy to know that you like my indicator! I put real work and dedication into this and your feedback is pure motivation to me. Thank you :)

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ma234meRA 2024.05.01 17:54 #

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Reply from developer Mohamed Hassan 2024.05.02 02:39 #

¡Muchas gracias hermano por tus comentarios! ¡Me alegra mucho saber que te gusta mucho nuestro indicador!

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scsc2836 2024.05.01 08:28 #

Very good indicator, works great, Mohamed was very helpful during installation

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Reply from developer Mohamed Hassan 2024.05.01 16:17 #

Thank you so much! Really a pleasure communicating with you =)

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Aravind Kolanupaka 2024.04.30 10:38 #

User didn't leave any comment to the rating

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Reply from developer Mohamed Hassan 2024.04.30 19:56 #

Really glad to know that you are trading with our Break and Retest indicator! Great communication, thank you Aravind!

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Dariusz Mikolaj Ruchniewicz 2024.04.29 17:35 #

Very good indicator, works great, Mohamed was very helpful during installation

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Reply from developer Mohamed Hassan 2024.04.29 17:39 #

Thank you so much Dariusz for your feedback! A real pleasure communicating with you =)

pouya izadi 2024.04.29 15:47 #

I got two signals on gold index today and I am satisfied

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Reply from developer Mohamed Hassan 2024.04.29 16:49 #

Glad to hear that!! Pleasure communicating with you :)

Cris251 2024.04.26 00:06 #

Very happy with the indicator, easy to install and understand. The seller is available and very friendly and very professional. As a beginner, the indicator is a very good tool and alerts make it possible to take a good decision! Easy to set up, these alerts are also transmitted to the phone! Very good indicator! I recommend it! It works well !

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Reply from developer Mohamed Hassan 2024.04.26 00:13 #

Thank you so much for your feedback brother! A real pleasure communicating with you, very friendly and extremely responsive as well :) A+

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Roby1973 2024.04.24 16:48 #

Buongiorno ho avuto modo di testare l'indicatore in un conto demo con ottimi risultati l'autore è disponibilissimo e collaborativo. importante seguire il trend.

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Reply from developer Mohamed Hassan 2024.04.24 16:49 #

Grazie mille per la tua opinione! Lo apprezzo molto!

Version 2.0 2024.04.24

For this update V.2, based on several requests, we removed the alerts when there was a new zone created. This is to avoid having many many alerts in your MT4 terminal. The alert will only occur when a retest happens and you will immediately see the support or resistance zones as usual.