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FIN Trend BreakDancer MT5

The indicator is based on stochastic indicator projected on the main chart. It shows potential breakout zones in the direction of the main trend. The indicator contains a self-optimization module for finding optimal settings. The indicator automatically saves optimized settings for each trading symbol and timeframe.

Key features

  • Stochastic projected on the main chart
  • Price action confirmation of trend following patterns
  • Fixed take profit level based on price action
  • Fixed stop loss level based on price action
  • Signals generation for automated trading
  • Statistics module for measuring trading performance
  • Optimization module for finding the best settings
  • Stores optimized settings for each currency and timeframe

Indicator Settings

  • UseInputSettings - force use of input indicator settings instead saved optimized settings. This option usually used in automated trading using Expert Advisors
  • KPeriod - stochastic K-line period
  • Slowing - stochastic slowing of K-line
  • DPeriod - stochastic D-line (signal) period
  • MovingPeriod - price channel moving period
  • ATRPeriod - price channel ATR period (used D1 timeframe)
  • ATRMult - price channel ATR multiplier
  • Overbought - stochastic overbought percent level
  • Oversold - stochastic oversold percent level
  • RetracementCoef - entry retracement coefficient after detecting entry zone
  • TakeProfitCoef - take profit multiplier
  • StopLossCoef - stop loss multiplier

Optimization Settings

  • PrecalculateBars - bars for optimization and statistics calculation
  • MinimumTradesPerMonth - minimum count of trades in one month
  • MinimumPipsPerTrade - minimal average profit per one trade
  • MaximumLossSequence - maximum consecutive losses

Notification Settings

  • UseAlert - use alerts
  • UseMail - use email notifications
  • UsePush - use push notifications
  • UseSound - use sound notifications
  • NotifySound - sound of notifications

Drawing Settings

  • ShowPanels - show statistics and optimization panels
  • clrBullishRect - color of bullish entry zone
  • clrBearishRect - color of bearish entry zone
  • clrBullishBreakoutLine - color of bullish entry line
  • clrBearishBreakoutLine - color of bearish entry line
  • clrTakeprofit - take profit color
  • clrStoploss - stop loss color

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