Strike Breakout

Strike Breakout is a flexible range-based breakout indicator designed to identify and visualize key price levels around a user-defined time range.

The indicator allows the user to define any session or specific time period directly from the settings. During the selected period, Strike Breakout calculates the high and low of the price range and displays the range as a visual box on the chart.

Once the range has been established, the indicator automatically calculates additional breakout levels above and below the range based on the size of the selected range and a user-defined multiplier.

Key Features

  • Fully customizable time range
    Define any start and end time directly from the indicator settings.

  • Automatic range calculation
    The indicator identifies the highest and lowest price reached during the selected period.

  • Visual range box
    The selected price range is displayed as a clear box on the chart.

  • Dynamic breakout levels
    Additional levels are calculated above and below the range using a configurable range multiplier.

  • Flexible for any session
    Use Strike Breakout for an Open Range, London Session, New York Session, Asian Session, or any custom trading period.

How It Works

  1. Define the time range
    Select the exact start and end time you want to analyze.

  2. Build the range
    Strike Breakout records the highest and lowest price during the selected period and creates the range box.

  3. Calculate the range size
    The difference between the range high and range low determines the size of the range.

  4. Project breakout levels
    Using the selected multiplier, the indicator projects additional levels above and below the original range.

  5. Monitor the breakout
    The resulting levels provide clearly defined reference points for observing potential price expansion beyond the selected range.

Example

If the selected range is 20 points wide and the multiplier is set to 1.5, Strike Breakout can project levels based on 1.5 × the range size above and below the original range.

This creates a structured framework around the selected session, allowing traders to easily identify the original range and its calculated expansion levels.

Built for Flexibility

Strike Breakout is not tied to a specific market session or trading strategy. Instead, it provides a fully configurable framework for range and breakout analysis.

Whether you want to analyze an Open Range, London Session, New York Session, Asian Session, or any custom time window, Strike Breakout can be configured to match your preferred approach.

Define the time. Measure the range. Project the levels. Track the breakout.

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Indicators
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
Basic Harmonic Patterns Dashboard
Mehran Sepah Mansoor
5 (3)
Indicators
This dashboard shows the latest available harmonic patterns for the selected symbols, so you will save time and be more efficient / MT5 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays results on
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