Precision Breakout Pro

- How It Works

Core Concept

This is a range breakout trading indicator that identifies consolidation periods (ranges) and generates signals when price breaks above or below those ranges. It can operate in both trending and mean reversion modes.

Key Components:

1. Range Identification

  • Range Period: Defines a specific time window each trading day (e.g., 10:00 AM - 12:00 PM)
  • Range Calculation: During this period, the indicator tracks the highest high and lowest low prices
  • Trading Days: Configurable for Monday through Friday

2. Range Modes

  • SAME_DAY: Range and trading occur on the same day
  • OVER_NIGHT: Range can extend overnight
  • NEXT_DAY: Range is set one day, trading signals occur the next day

3. Signal Generation

The indicator generates 4 types of signals:

  1. Trending Buy (Green/Lime arrows): Buy when price breaks above range high
  2. Trending Sell (Red arrows): Sell when price breaks below range low
  3. Mean Reversion Buy (Blue arrows): Buy when price breaks below range low (expecting bounce back)
  4. Mean Reversion Sell (Orange arrows): Sell when price breaks above range high (expecting pullback)

4. Breakout Modes

  • HIGH_SIGNAL: Only signals on upward breakouts
  • LOW_SIGNAL: Only signals on downward breakouts
  • BOTH_SIGNALS: Signals on both directions (default)
  • FIRST_SIGNAL: Only the first breakout per range
  • SECOND_SIGNAL: Only the second breakout per range

5. Mean Reversion Toggle

  • Off (default): Standard breakout strategy - buy high breakouts, sell low breakouts
  • On: Reverses signals - sell high breakouts, buy low breakouts (expecting price to return to range)

Visual Elements:

  • Blue solid lines: Current range high/low during range period
  • Blue dotted lines: Extended range lines after range period ends
  • Blue vertical lines: Range start and end times
  • Green vertical line: Midnight transition (NEXT_DAY mode)
  • Gray dashed lines: Historical ranges from previous days
  • Colored arrows: Signal indicators positioned above/below price

Alert System:

  • Sound alerts: Customizable sounds for breakout signals
  • Popup alerts: Visual alerts on screen
  • Email notifications: Sends emails when signals occur
  • Push notifications: Mobile notifications

Security Features:

  • Account authorization: Only works on authorized trading accounts
  • Demo account access: Always works on demo accounts
  • Strategy tester access: Always works in MT5 strategy tester

Typical Trading Workflow:

  1. Range Formation: Each trading day, during the specified time window, the indicator identifies support/resistance levels
  2. Range Completion: After the range period ends, the indicator monitors for breakouts
  3. Signal Generation: When price breaks above/below the range, it generates both trending and mean reversion signals
  4. Alert Delivery: Notifications are sent via sound, popup, email, or mobile push
  5. Historical Tracking: Previous ranges are preserved as gray reference lines

Practical Use Cases:

  • Day Trading: Identify intraday breakout opportunities
  • Session Trading: Trade London/New York session breakouts
  • Mean Reversion: Fade false breakouts expecting price to return to range
  • Trend Following: Follow genuine breakouts in the breakout direction

This indicator is particularly useful for traders who want to systematically identify and trade range breakouts with built-in risk management through dual signal types (trending vs mean reversion).

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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
Currency Strength Wizard MT5
Oleg Rodin
5 (1)
Indicators
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
FootPrint Chart MT5
Gayathiri Gopalakrishnan
Indicators
Turn every candle into a bid x ask footprint built from real tick data. See who is actually trading at each price, with delta, volume profile, imbalance zones and a scored setup engine that prints entry, stop and target Order Flow Footprint Chart Pro Most indicators tell you what price did. This one tells you who did it. Order Flow Footprint Chart Pro rebuilds every candle on your chart from raw tick data and shows you the volume that traded at each individual price inside it, split into the am
Market Maker Reversal Scanner MT5
Siyasanga Stephen Mabokela
Indicators
By the time you've clicked through forty charts looking for a first red day at a monthly high, the setup you wanted has already closed. Market Maker Reversal Scanner reads your Market Watch, finds a fixed set of reversal and exhaustion patterns, scores each one on a transparent 10-point scale, and puts the results in a single sortable panel on one chart. You stop hunting. You start choosing. New in v12.1: a DAYS / SESSIONS switch. Sessions mode runs the same scanner on closed H4 candles and tags
Superhero
Ihor Otkydach
5 (3)
Indicators
The SUPERHERO indicator is a multi-currency trading system designed on an "all-inclusive" basis. The indicator independently analyzes the market and provides signals on when to open and close trades. It uses Stop Loss and Take Profit orders. The R:R ratio is 1:1. This system can send push notifications to your smartphone, so you can place trades "on the go" without needing to be tied to a PC. It's perfect for proprietary trading firms. A BONUS FOR EVERY CUSTOMER: Every buyer of this indicator wi
OrderFlux Footprint Orderflow
Simon Draxler
Indicators
OrderFlux – Orderflow Footprint Chart, Volume Profile & Market Profile Indicator for MetaTrader 5 OrderFlux is an order flow footprint indicator for MetaTrader 5 that explains itself. It opens the single candle and shows what happens inside it: the volume traded at every price level, split into aggressive buyers and aggressive sellers. From the ticks it builds a complete footprint chart in real time with delta, imbalance, absorption, volume profile, market profile (TPO), VWAP, cumulative delta (
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