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Smart Breakout Indicator MT4

4.5
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 indicatorhttps://www.mql5.com/ru/blogs/post/731152

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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Reviews 2
Aleksandr Chernykh
589
Aleksandr Chernykh 2021.05.13 22:07 
 

Индикатор понравился весьма, очень качественные сигналы, рекомендую.

Aravind Kolanupaka
8780
Aravind Kolanupaka 2022.03.21 21:45 
 

Good indicator

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MT5 version  |  FAQ The Owl Smart Levels Indicator  is a complete trading system within the one indicator that includes such popular market analysis tools as  Bill Williams' advanced fractals , Valable ZigZag which builds  the correct wave structure  of the market, and  Fibonacci levels  which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private
Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT5 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The higher the
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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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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Aravind Kolanupaka
8780
Aravind Kolanupaka 2022.03.21 21:45 
 

Good indicator

Aleksandr Chernykh
589
Aleksandr Chernykh 2021.05.13 22:07 
 

Индикатор понравился весьма, очень качественные сигналы, рекомендую.

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Version 3.25 2021.06.18
Added new options for enabling the arrows Top/Down on the chart.
Version 3.24 2021.05.28
Improved some features.
Version 3.22 2019.11.24
Loading of the indicator is faster than the previous version.