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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Automated Actual Support Resistance A2SR
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4.85 (62)
Indicators
A. What is A2SR ?   * It's a leading technical indicator (no repaint, no lagging). -- Guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it
Quant Direction
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Indicators
Quant Direction is a 3 dimensional market analysis tool. It provides a purely objective, algorithmic view of the market by calculating exact percentage-based biases across multiple dimensions simultaneously. Developed utilizing advanced AI modeling tools and subjected to thorough testing, this algorithm is engineered to read the market with unique precision. It can analyze any currency pair or financial instrument available on your platform.  Quant Direction is the ideal tool whether you are a S
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