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Price Action Breakout

Price Action Breakout is one of the most popular trading strategy.

This Price Action Breakout indicator is designed using several indicators combined to be one strategy. It is very useful for traders that trade based on the breakout strategy. It will make it easier to identify the support and resistance levels.

  • This Price action indicator will draw the support and resistance levels on the chart, so it will make it easier to identify the support and resistance levels.
  • It will inform about the support and resistance line breakouts using alerts on the chart and push notifications to your mobile device via MetaQuotes ID.
  • It is very useful for a beginner trader or a professional trader to know the key support and resistance levels as well as the oversold and overbought areas.
  • It is recommended to use the indicator on pairs with big movements, such as:
    • AUDUSD, AUDJPY.
    • EURUSD, EURJPY
    • GBPUSD, GBPJPY, GBPAUD,
    • GOLD and etc
  • It is recommended to use it for daily trade.
  • It is recommended to use it on the following time frames:
    • M15
    • M30
    • H1.
  • It provides 3 methods for generating the signal arrow:
    • Support and Resistance Breakout Signal.
    • Main Signal1.
    • Main Signal2.
  • It is very efficient when used during the European and US Market sessions.


Indicator Parameter

  • Show_Ind_Name: true. - show the indicator name on the chart, set false to hide the indicator name on the chart.
  • Ind_Name_Corner: Left upper corner. - you can choose which corner that the indicator name will be placed.
  • Dot_Sz: 1. - it is the dot size of the support and resistance levels, you can change it as you need.
  • Clr_Resistance: Yellow color. - it is the color of resistance level, you can change it as you need.
  • Clr_Support: Aqua color. - it is the color of support level, you can change it as you need.
  • Show_SRCrossSignal: true. - show signal arrow on the chart after the candle, when the price breaks a support or resistance level, set false to hide it.
  • SR_ArrowSz: 1. - it is the arrow size for signals when the price breaks a support or resistance level.
  • SR_ArrowUP: Aqua. - it is the color of arrow for bullish signals, you can change it as you need.
  • SR_ArrowDN: Yellow. - it is the color of arrow for bearish signals, you can change it as you need.
  • Show_MainSignal: false. - set false to hide the signal arrow on the chart for MainSignal, set true to show the signal arrow on chart.
  • Signal_Size1: 1. - it is the arrow size for MainSignal.
  • SignalUP1_Color: Red. - it is the color of MainSignal arrow for bullish signals, you can change it as you need.
  • SignalDN1_Color: Red. - it is the color of MainSignal arrow for bearish signals, you can change it as you need.
  • Show_MainSignal2: false. - set false to hide the signal arrow on the chart for MainSignal2, set true to show the signal arrow on chart.
  • Signal_Size2: 1. - it is the arrow size for MainSignal2.
  • SignalUP2_Color: Blue. - it is the color of MainSignal2 arrow for bullish signals, you can change it as you need.
  • SignalDN2_Color: Blue. - it is the color of MainSignal2 arrow for bearish signals, you can change it as you need.
  • Screen_Alert: true. - it will notify with the Pop Up Alert on chart when a signal is generated.
  • Mobile_Alert: false. - it will send a notification to the mobile terminal using MetaQuotes ID when a signal is generated.
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El robot Choppines, se lo carga como indicador en la carpeta de indicadores del MT4 Se recomienda utilizar una temporalidad de velas de 5 minutos, el tiempo de expiración del robot recomendado es de 5 minutos. El robot puede configurarse para enviar señales a las plataformas MT2, MX2, PRICEPRO. Para realizar el envio de señales se debe utilizar el programa conector de la plataforma que queremos trabajar. Para instalar en el conector realice el siguiente procedimiento (se adjunta una imagen don
OFFER! OFFER! NEXT Price Will be 650$ and the rental option will be removed after this. Don't miss the current price offer before it is too late. Dear Traders I am so glad to introduce my Super Powers Indicator.  The purpose of this trading tool is to help serious traders who want to make trading one of their main source of income.  I know trading is not an easy task but if you have the right tools, knowledge and motivation to trade then you are ready to go in this industry. My role is to help y
Al in one level
Kundan Kumar Srivastava
1 (1)
This indicator is collection of important dynamic support and resistance giving a trader crystal clear idea , where to sell and where to buy. it completely complements trend lines, support, resistance, and sideways market and allow a trader to make sustainable profits. The thickness of lines suggests its strengths, the thicker the dynamic line, the stronger is rejection or pullback allowing a trader to make multi-fold profit, as they can clearly see them. Introducing Your Ultimate Trading Edge
Oni Scalper
Goh Cheng Wai
5 (2)
Dear Onis, This Indicator is used for   GBPUSD, US30 and GOLD on 1-Min Chart . For US30 , Depending on your broker, Minimum Lot Size will differ from 0.01 to 1.0 lots. My Current Account is trading at 1.0 lots at $1 per point . Please check with your Broker what's the Margin Required for your Minimum lot sizes before you trade on your Real account. I have Forward Tested the indicator for around 6 months before releasing it to the public. ( No Demo is available for the Indicator, Strategy
Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after on
The indicator displays the probable ( Support and resistance ) levels. The indicator draws horizontal and trend levels of support and resistance. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar -
The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the
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