Clever Breaker MM Zones

  • Indicators
  • Carlos Forero
    Carlos Forero

    Carlos Forero

    4 (23)
    I am a professional developer and trader with over a decade of experience in capital markets and the creation of algorithmic portfolios. I specialize in advanced automated systems and technical analysis tools for MetaTrader.
    ⚙️ Development Philosophy
    22 products 2 comments
  • Version: 1.36
  • Updated: 29 December 2023
  • Activations: 5

Description

Complete breaker market maker Key zones indicator, It provides precise zones where could be an excellent break or reversal opportunity.

KEY LINKS: How to Install - Frequent Questions - All Products 

How is this indicator useful?

  • It will allow you to trade retracement or breakout patterns, every time they occur in a given zone.
  • NEVER repaints.
  • It signals clear possible money management levels as stop and take profit.
  • You’ll be able to identify potential resistance or support levels. 
  • This indicator can be used as a visual strategy, following the recommendations of entry, stop, and targets.
Note 1: This indicator should only be considered as a part of any trading strategy. You should complement this with other filters (e.g trend, volatility, time, etc). Note 2: This indicator is meant to serve as a guide to apply in your intraday trading. Overtime, this will help you understand the baseline for a solid and consistent trading strategy.  

Indicator features
  • Effective and understandable signals.
  • It can be used as a complete trading strategy.
  • Complete trading statistics to evaluate the indicator performance.
  • It shows exact exit points.
  • It shows the real profit expectancy through its profit factor, risk/reward, and successful ratio indicators.
  • The indicator doesn´t repaint.
  • It works in all symbols.
  • Integrated alerts.
  • It can integrate with any robot or expert adviser.

Display Metrics

All the following metrics are calculated based on selected Money Management strategies and don´t consider account commissions, spreads, swaps, or any other transactional cost:

  • Number of Trades.
  • Win/Loss.
  • Points earned in closed winning operations
  • Points lost in closed losing operations
  • Net Points: Points earned minus points lost
  • Success Ratio: Percentage of winning operations
  • Profit Ratio: Points earned / Points lost
  • Reward/Risk: Average points earned / Average points los

About Author:

Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk.


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