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Consolidation Breakout Indicator

57 USD

Demo downloaded: 45

Published: 5 May 2022

Current version: 1.1

Consolidation Breakout Indicator

Indicators
Christopher Graham Parish
Version: 1.1
Updated: 18 May 2022
Activations: 10

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Over 75% off !! For ONE week only.

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Buy and Sell Arrows when price breaks out from Consolidation.

It Also Alerts –

On MT4
To Your Phone
To Your Email
Does not repaint.
Works ony any Forex pair/timeframe - Ajust the settings for your pair/timeframe.
10 Activations
See example of Alerts from today (23 May 22) using this and 2 other of my indicators here.

MT5 Version here.

What is Consolidation Breakout & why is it important to you?

As you know, the market goes through phases of trend and consolidation.

Consolidation is a “phase” of price action where price doesn't move much for a some time. Areas of supply & demand/support & resistance, are relatively equal during consolidation.This often comes just before a large breakout & new trend formation (big move).

The Consolidation Breakout Indicator alerts you when the consolidation has finished & price has broken out.

Works very well in conjunction with the Trend Continuation Alerts Indicator.

Obviously, this indicator will not predict all breakouts all the time – the markets are unpredictable – otherwise we would all be successful all the time.

This is still Forex and you will not win every trade. Practice on Demo before trading with live money and always use good money management.

Please message me if you have any questions.

SETTINGS - Please make sure you input the correct settings for the timeframe/pair you are trading.

See the Video on comment #2

MaxConsolidationPips

Allows you to set the maximum number of pips between the top & bottom of the consolidation. (Fewer pips, fewer signals, but possibly more accurate.) Obviously this amount will depend on the pair & timeframe you are trading at the time.

MinSignalBreakoutPips

Minimum number of pips you want the signal candle to breakout of the consolidation.

TrendEMA

Indicator uses an Exponential Moving Average (EMA) to help determine trend. You can set this here.

UpperMeanLevel and LowerMeanLevel

These levels allow you to set how “still” the market price is during the consolidation. It’s a bit tricky to explain, but at the end, there are example values to use.

Mean price level is in the middle of the consolidation high & low (the average). The indicator looks at all the candle highs & lows to see how close they are to the mean. The closer, the more “still” the price has been.

A setting on 0.5 for both the UpperMeanLevel and LowerMeanLevel is exactly in the middle & you will get very few signals.If you want to allow price to be less “still” (ie the candles can move up & down a bit) then increase the UpperMeanLevel and reduce the LowerMeanLevel.

UpperMeanLevel should be between 0.5 and 1- the closer to 1, more signals, less accurate. LowerMeanLevel should be between 0 and 0.5- the closer to 0, the more signals, less accurate.

NB. It is a good idea to always make these values add up to 1. Ie if the UpperMeanLevel is 0.6, the LowerMeanLevel should be 0.4 (0.6+0.4=1).

SignalCandleMaxProportion

Allows you to set the maximum size of the signal (breakout) candle compared to the size of the Consolidation.A value of 1 means the candle can be as big as the consolidation. Higher than 1 means it can be bigger.Be careful of having this value too high as a very large candle may have been formed by a News event (or Bank Manipulation etc) and a price correction may be coming very soon.

EMATrendGapPips

Determines the slope of the EMA which is also an indication of the strength of the trend.The value is the number of pips higher or lower the EMA is at the end of the consolidation compared to the beginning of the consolidation. The higher the value, the stronger the trend, fewer signals & the end of the trend may be coming.

TimeOfTheDay(from hour)

The hour you want the Indicator to start each day.

TimeOfTheDay(from mins)

The number of minutes past the hour you want the Indicator to start each day.

TimeOfTheDay(to hour)

The hour you want the Indicator to stop each day.

TimeOfTheDay(to min)

The number of minutes past the hour you want the Indicator to stop each day.

Send_Email

The indicator will send an alert to your email (set this up in MT4).

Audible_Alerts

The indicator will give a sound alert and pop-up message in MT4.

Push_Notifications

The indicator will send an alert to your phone (set this up in MT4).

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!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Marks Market Imbalance On The Chart Also Sends Alerts – On MT5 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations MT4 version here . What is Market Imbalance and why is it important to you? Market Imbalance is also known

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Signals Directly Onto Your Charts. It couldn't be EZ-er! Aslo Gives Alerts – On Your MT4 To Your Phone To Your Email. Does not repaint! This couldn't be EZ-er to use - just drag it onto your chart (any timeframe, any pair) set the time of day you want signals and where you want alerts, and wait for the signals. How To Trade With The EZ Buy And Sell Sign

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Arrows when price breaks away from mean price. Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here What Is The Meaning Of Mean Reversion? Mean reversion, or reversion to the mean, is a theory used in Forex Trading whi

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here What Is An Order Block? An Order Block (or Banker Candle, or Institutional Candle) is an opportunity to get very high risk to reward trades (often 5:1 or more) but you have to k

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Get The Most Out Of Your Trades! No More Sitting And Watching Your Trades All Day! Have you ever … ??? Had a trade go into good profit only to turn round and lose? Had a trade where you could have got more profit because your Take Profit was too tight? Wondered how to get the most out of your trades in a trend? Of course! We all have! Before, you had to sit and wat

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Arrows when price breaks out from Consolidation. It Also Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works ony any Forex pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 mo

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Alerts when price breaks out following strict price action. Sends Alerts – On MT4 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT5 Version Here Description When the indicator detects a possible trade, it sends you an alert. It shows you where to plac

57 USD

Please note:- This product has been moved and combined with the Trend Continuation Alerts Indicator here . There is an new video and instructions. Please feel free to message me if you have any questions on how best to use it ir any of my other indicators. If any of my instructions are not clear or you are not sure about hoe I am explaining them, again, please message me. Thank you.

5 000 USD

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Marks Market Imbalance On The Chart. Also Sends Alerts – On MT4 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations MT5 version here. What is Market Imbalance and why is it important to you? Market Imbalance is also kn

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy And Sell Arrows On The Chart When The Trend Is About To Continue. Sends Alerts – On MT5 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 other indic

57 USD

5 000 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy And Sell Signal Arrows On The Chart When The Price Is About To Reverse. Also Sends Alerts – On MT5 To Your Phone To Your Email. Does not repaint. Works on any pair, any timeframe. (Just ajust the settings for your pair and timeframe.) 10 Activations allowed so you are free from limitations MT4 version here . What is Price Rejection and Reversal and w

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Arrows when price is about to retrace. It Also Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint. Works ony any pair, any timeframe. 10 Activations allowed so you are free from limitations See an example of alerts from today (23 May 2020) using this and 2 other indicators here . MT4 Version here . What is a Retracement and wh

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Arrows On The Chart According To Price Action Sends Alerts On MT5 To Your Phone To You Email Does NOT repaint. Works on any pair, any timeframe. 10 Activations allowed so you are free from limitations. MT4 Version here . When you get a signal, all you need to do is check the previous structue highs and lows to use as your stop loss and take profit

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Arrows when price breaks away from mean price. Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here What Is The Meaning Of Mean Reversion? Mean reversion, or reversion to the mean, is a theory used in Forex Trading

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Buy and Sell Alerts when price breaks out following strict price action. Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here Description When the indicator detects a possible trade, it sends you an alert. It shows you where to plac

57 USD

!! FLASH SALE !! Over 75% off !! For ONE week only. Now only $57 - normally $297! Ends on 31 March - Don't miss it! Sends Alerts – On MT5 To Your Phone To Your Email Does not repaint . Works on any Forex pair, any timeframe. 10 Activations allowed so you are free from limitations >> MT4 Version Here What Is An Order Block? An Order Block (or Banker Candle, or Institutional Candle) is an opportunity to get very high risk to reward trades (often 5:1 or more) but you have to k

57 USD

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Version 1.1 2022.05.18

Minor bug fixed in Alert Delay