Breakout Range

This is a simple and efficient indicator based on market logic. The indicator creates a range chosen by a trader.

Trader selects only two parameters.

The first one is the number of candles that define the frame.

The second one is the number of candles needed for confirmation frame.

The indicator shows all situations in history and works with the actual movement of the market.

The indicator works on all timeframes. You are not limited by use of different timeframes, the indicator is able to adapt. On the screenshots, you can see basic settings.


Example setting

1; 1

This is actually an Inside Bar.

1 main candle, 1 candle must be inside the previous one. Simple...


Parameters

  • StartCandles - number of candles which create an imaginary frame (size)
  • NextCandles - number of candles which have to be inside the imaginary frame that is created from "start candles"
  • Tolerance - tolerance in points
  • TolerancePerc - tolerance in percent from the frame
  • MinRange - minimal size of the frame
  • MaxRange - maximum size of the frame
  • AdjustRange - enlarging the frame (next candles can mildly intersect the imaginary frame by chosen tolerance and thanks to Adjust Range, the size of the frame will increase by degree of intersection)
  • MultiRange - possibility of more frames drawn into each other
  • Start/Next Range Color - color
  • ShowAlarm - true/false
  • AlarmDistance - how many points after the intersection of range the alarm sounds
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Price Breakout Pattern Scanner MT4
Young Ho Seo
3.55 (11)
Indicators
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
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Marcus
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Marcus = market customization is 3 in 1 indicator. Universal business tool from professional traders that helps visualizing interesting market situations. Preview markets using price action and sentiment in the market. Three tools necessary to understand the market situation and the anticipation of further movement. Finally, you will see what parquet traders see. With these tools, you will see the important supports and resistances. It shows you the entry of big players on the market. The indica
Hidden123Gap
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Hidden123Gap (123Gap) is universal business tool from the professional traders that helps to visualize market situation. It previews markets using a price action and a sentiment in the market. The tool is necessary to understand the market situation and the anticipation of further movement. Finally, you will see how traders estimate the market. With this tool, you will see important supports and resistances. It shows you the entry of big players on the market. The indicator works on all timefram
PivotHighLow
Petr Plechac
1 (1)
Indicators
PivotHighLow. Universal business tool from professional traders that helps to visualize interest market situations. It previews markets using a price action and sentiment in the market. Tool is necessary to understand the market situation and the anticipation of further movement. Finally, you will see how traders estimate the market. With this tool, you will see important supports and resistances. It shows you the entry of big players on the market. The indicator works on all timeframes. You are
InitialBalance
Petr Plechac
Indicators
InitialBalance. Universal business tool from professional traders that helps to visualize interest market situations. It previews markets using a price action and sentiment in the market. Tool necessary to understand the market situation and the anticipation of further movement. Finally, you will see how traders estimate the market. Who knows the first steps in the market can estimate the point where the market will stop and reflect! With this tool, you will see important supports and resistance
Extender
Petr Plechac
Indicators
Extender represents a multifunctional indicator which can be used for own investing strategy or can be easily adopted as a part your own investing strategy. After installation as a secondary indicator you can see a multiframe visualization of selected timeframes of analyzed underlying asset. The multiframe visualization has a few modifications which can be selected in section Indicator Setup. Input parameters Indicator setup Timeframes – definition of selected timeframes for visualization, e.g.
Sensor
Petr Plechac
Utilities
Sensor utility is a tool for protecting the capital against unexpected market movements. Today's markets are unpredictable. Are you afraid of big moves? This tool monitors the movements of the market and may remove pending orders or open positions while increased volatility. The utility works with the actual movement of the market. The indicator works on all timeframes. You are not limited by use of different timeframes, the indicator is able to adapt. On the screenshots, you can see basic setti
Manager
Petr Plechac
Utilities
A new way of managing your trades – efficiently, automatically and with no emotions. Control various markets and manage many different trades at one moment. Grasp your competitive advantage and ultimately find out what profitable trading looks like! Trademanager is a piece of software developed for MT4 platforms. This tool enables you to completely set up all parameters for many different trades on many different markets – at one time and with no emotions as psychological obstacles. Must-need to
Price level Alert
Petr Plechac
Indicators
Price level alert is a software that gives you an overview of your all drawn levels (supports and resistances) for more than 10 markets in only one elegant table which you can see right in your chart. Price alert is not only this, it also sends you notification (alert) when a market has reached one of your predefined levels. Therefore, this is a must-have tool for all traders who want to cut the time sitting in front of a computer significantly and not to miss any trade. Settings (inputs) Symbo
BaseLine Balance
Petr Plechac
Indicators
The Baseline Balance tool shows multiple pivot lines for short, mid and long time market cycles. Thus trader can easy identify local or global S/R (support/resistance) levels for better timing of investments and entries to the market. Due to the multifunctional menu directly on chart the settings is fast and accurate. Pivot lines are generated for H1, H4, Daily, Weekly, Monthly, Yearly timeshares. Menu on chart shows following settings: Line Display Settings Middle_Lines – shows middle calculati
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