• Overview
  • Reviews (4)
  • Comments (20)

Breakout Sniper

5

Breakout Sniper draw trendlines by using improved fractals and plots the breakout and reversal points.


NO REPAINT AUTO TREND LINES


By using the Multi Period and Multi Timeframe 


- Easily identify the potential reversal and breakout levels.

- Plot the patterns like triangles, head and shoulders, wedge patterns, cup and handle patterns etc.

- Indicator draws arrows only when a breakout happens.

- You can see the uncompleted/forming trend lines as well.

- Support and Resistance levels.

-Fibonacci Retracement Levels.


INPUTS:


Signal Mode: After Close ( Puts Arrow after the candle closing above/below the trend line ) 

                    Instant (  Puts Arrow as soon as the price breaks above/below the trend line ) 


Time Frame 1  : Choose the TF 

Fractal Period : Enter the period for the chosen TF


Time Frame 2 :  Choose the TF 

Fractal Period :   Enter the period for the chosen TF


Time Frame 3 :   Choose the TF

Fractal Period :   Enter the period for the chosen TF


*** If you would like to see only one TF and one period, set the others same as the first one.


Colors :

* Chose the colors of the Completed Trendlines.

 * Colors 1 ... For the first TF and Period

 * Colors 2 ... For the second TF and Period

  * Colors 3... For the third TF and Period.


NOTES

  • Colors of the uncompleted lines are set NONE as a default. Chose a color if you would like to see the uncompleted/forming lines.
  • If there are same trendlines in different TF and/or Periods, the color of the bigger TF/Period are shown on the chart.
  • To test the bigger timeframes on strategy tester, the more history must be loaded.




Reviews 4
Bernardo Carvalho
572
Bernardo Carvalho 2022.04.20 17:15 
 

Good

noretjvr
19
noretjvr 2020.10.14 18:20 
 

Excellent tool for clean easy trading. Very good! This very effective tool and easy to use and understand. I will recommend this to anyone. Well done!

TradingGDB
55
TradingGDB 2020.10.13 16:53 
 

All the wisdom of a great trader into the Breakout Sniper! The man behind this indicator is full of knowledge and skills. He shares his years of experience into this top-class indicator to help you to get more pips. This is undoubtedly the best indicator you can have to find the bottom or a ceiling before changing trends. With this indicator, you get sniper entry and exit to avoid wasting pips. Bless you!

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Smart Market Scanner and Dashboard The trend is very important when trading a financial instrument. The trend can be identified by checking various of structures and indicators. Trend shifts can be identified by trendline breakouts and horizontal support/resistance levels. Scanner will scan the selected symbols and show you the direction/trend on selected timeframes. Algo is based on: Price Cycles, Fractals, Order Blocks, Hi-Lo Advantages: Multi timeframe Multi instruments including Currencies
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Bernardo Carvalho
572
Bernardo Carvalho 2022.04.20 17:15 
 

Good

Elmira Memish
6647
Reply from developer Elmira Memish 2022.04.20 17:28
Thank you for sharing your experience
uce10314
217
uce10314 2020.11.03 01:08 
 

This breakout sniper is a true breakthrough in trading especially when used with other snipers

noretjvr
19
noretjvr 2020.10.14 18:20 
 

Excellent tool for clean easy trading. Very good! This very effective tool and easy to use and understand. I will recommend this to anyone. Well done!

TradingGDB
55
TradingGDB 2020.10.13 16:53 
 

All the wisdom of a great trader into the Breakout Sniper! The man behind this indicator is full of knowledge and skills. He shares his years of experience into this top-class indicator to help you to get more pips. This is undoubtedly the best indicator you can have to find the bottom or a ceiling before changing trends. With this indicator, you get sniper entry and exit to avoid wasting pips. Bless you!

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