KT Asian Breakout Indicator MT5

• If the session box is vertically too wide, a new trade should be avoided as most of the price action has already completed within the session box.
• If the breakout candle is too big, the price often reverses temporarily before continuing to the signal direction.

• Stoploss and profit targets are included with the buy/sell signals.
• KT Asian Breakout indicator constantly checks for its performance using the first, second, or third profit target as a success criterion.
• Displays three essential performance metrics like win/loss signals, success rate, and average pips per signal.
• If the breakout candle is too big, a warning message is displayed on the chart.

Input Parameters

• Draw Session Box:  true/false
• Draw Stoploss and Profit Targets:  true/false
• Performance Analysis: true/false
• Show Text Analysis(on the top left corner):  true/false
• Success Rate Criterion:  first-target | second-target | third-target
• Color and Style settings:  self explanatory
• Alerts Settings:  self explanatory

// define arrays
double Buy_Signal[];
double Sell_Signal[];
double Buy_Stoploss[];
double Sell_Stoploss[]; 

//define indicator handle
int indicator_handle = iCustom(_Symbol,0,"Market/KT Asian Breakout Indicator"); 

// Copy buffer into arrays
CopyBuffer(indicator_handle,0,1,1,Buy_Signal);
CopyBuffer(indicator_handle,1,1,1,Sell_Signal);
CopyBuffer(indicator_handle,2,1,1,Buy_Stoploss);
CopyBuffer(indicator_handle,3,1,1,Sell_Stoploss );

if(Buy_Signal[0]!=0) // Entry condition for Buy
if(Sell_Signal[0]!=0) // Entry condition for Sell
Buy_SL[0]; // Buy Stoploss
Sell_SL[0]; // Sell Stoploss

// Fetching targets from the chart
double Quick_Profit = NormalizeDouble(ObjectGetDouble(0,"KT_FTP",OBJPROP_PRICE),_Digits);
double First_Target  = NormalizeDouble(ObjectGetDouble(0,"KT_STP",OBJPROP_PRICE),_Digits);
double Final_Target  = NormalizeDouble(ObjectGetDouble(0,"KT_TTP",OBJPROP_PRICE),_Digits);