Trendbreakouts tpsl
- Indicators
- Vishnu Bajpai
- Version: 2.11
- Activations: 15
BreakoutLines TP/SL — Structured Breakout Trading with Built-In Risk Management
BreakoutLines TP/SL is a precision trading indicator designed to simplify breakout trading by delivering a complete trade setup — including entry, stop loss, and multiple take-profit levels.
Unlike standard indicators that only generate signals, it provides a fully structured execution framework, eliminating guesswork and improving consistency.
How It Works
The indicator automatically builds and tracks market structure using pivot-based trendlines:
- Detects and plots dynamic support/resistance trendlines
- Identifies real-time breakout when price closes beyond structure
- Marks entry at breakout level
- Places stop loss beyond recent structure
- Projects TP1, TP2, and TP3 using risk-reward logic
Each setup follows a clear, rule-based trading approach.
Key Features
- Automatic trendline breakout detection (no manual drawing)
- Complete trade setup: Entry, SL, TP1 / TP2 / TP3
- Built-in risk-reward logic for consistent execution
- Clean and structured chart visualization
- Works across forex, gold (XAUUSD), indices, and crypto
- Compatible with multiple timeframes (M5, M15, H1 recommended)
Why BreakoutLines TP/SL
- Goes beyond signals — delivers full trade structure
- Removes subjectivity from breakout trading
- Improves risk management discipline
- Suitable for both intraday and swing trading
- Simple, clear, and efficient to use
