Smart Breakout Indicator MT4

4.67
Smart Breakout Indicator determines support and resistance levels and also shows the breakout points of the levels in the form of a histogram. 

The program contains two indicators in one: 1-support and resistance lines, 2-histogram indicator based on high price fluctuations.
The indicator autonomously calculates the best support and resistance levels and also in the form of a histogram shows the best moments of the breakdown of the lines.

The histogram indicator is based on the action of price fluctuations.

On the main chart, the support and resistance lines are calculated, and on the additional indicator (subwindow), the histogram is calculated for the price deviation.

The support and resistance lines are used as the main indicator and the histogram indicator is used to confirm the signal (Buy, Sell or pending orders).

The indicator uses many parameters to flexibly adjust the indicator for any pair and timeframe.
By default, the indicator is optimally configured for any pair and timeframe.

The indicator is designed with the ability to configure all parameters in accordance with your requirements. You can enable or disable any functions.

When the signal Buy / Sell the indicator will notify using notification: Alert,Sound signal, Email, Push.

Detailed description of all parameters here: https://www.mql5.com/ru/blogs/post/731152

This is a link for general discussion of the indicator: https://www.mql5.com/ru/blogs/post/731152

МetaТrader 5 version: https://www.mql5.com/en/market/product/43348

Parameters

  • Name_indicator - Indicator names to use multiple indicators on the same chart.
  • Max_Bars_History - Bars for drawing the indicator.
  • Use_Support_and_Resistance_Lines - Show support and resistance lines.
  • Use_Lines_Information_in_Points - Show items information.
  • Use_Center_Line - Show center line.
  • Show_Inscriptions_Support_and_Resistance - Show descriptions of the levels.
  • Period Main Chart - The period of the main indicator.
  • Coefficient in Point - Coefficient for calculating the main indicator of support and resistance lines.
  • Period Separate Chart - Period of additional histogram indicator.
  • Coefficient - Coefficient for calculating additional histogram indicator.
  • Main_Chart_Shift_Bar_for_Additional_Line - Bar shift of the main indicator of support and resistance lines.
  • Main_Chart_Shift_Bar_for_Lines - Bar shift of the main indicator lines for information points.
  • Style/width/Color_Lines - Style, width, color for the main graph.
    • Main_Chart_Color_Level_Resistance 
    • Main_Chart_Color_Level_Support
    • Main_Chart_Line_Width
    • Main_Chart_Line_Style 
    • Main_Chart_Color_Center_Line
    • Main_Chart_Center_Line_Width
    • Main_Chart_Center_Line_Style
    • Main_Chart_Shift_Bar_for_Additional_Line
    • Main_Chart_Color_Additional_Line_Resistance
    • Main_Chart_Color_Additional_Line_Support
    • Main_Chart_Additional_Line_Width 
    • Main_Chart_Additional_Line_Style
    • Main_Chart_Color_Point
    • Main_Chart_Point_Width
  • Style/width/Color_Lines - Style, width, color for histogram.
    • Separate_Chart_Color_Main_Line
    • Separate_Chart_Main_Line_Width
    • Separate_Chart_Main_Line_Style
    • Separate_Chart_Color_Signal_Line
    • Separate_Chart_Signal_Line_Width
    • Separate_Chart_Signal_Line_Style
    • Separate_Chart_Color_Circle
    • Separate_Chart_Circle_Width
    • Separate_Chart_Color_levels
    • Separate_Chart_Main_levels_Width
    • Separate_Chart_levels_Style
    • level_UP - UP level setting.
    • level_Down - Down level setting.


    Notification settings:

    • Sound_signal — Enable the audio signal.
    • Name_sound_signal — Signal audio file name.
    • Alert_signal — Enable alerts.
    • Email_signal — Enable email notifications.
    • PUSH_signal — Enable push notifications.


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>>>> Our group in mql5: https://www.mql5.com/en/messages/016a118dc374d801 <<<<


Reviews 3
lauro1956
5752
lauro1956 2024.12.19 09:47 
 

Excellent indicator from Mr. Pishun

Aleksandr Chernykh
609
Aleksandr Chernykh 2021.05.13 22:07 
 

Индикатор понравился весьма, очень качественные сигналы, рекомендую.

Aravind Kolanupaka
10229
Aravind Kolanupaka 2022.03.21 21:45 
 

Good indicator

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Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
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The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters
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Experts
The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close
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lauro1956
5752
lauro1956 2024.12.19 09:47 
 

Excellent indicator from Mr. Pishun

Aravind Kolanupaka
10229
Aravind Kolanupaka 2022.03.21 21:45 
 

Good indicator

Aleksandr Chernykh
609
Aleksandr Chernykh 2021.05.13 22:07 
 

Индикатор понравился весьма, очень качественные сигналы, рекомендую.

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