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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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Bank No repaint
Albert Idrisov
This is an easy-to-use arrow indicator for binary options and for Forex which is suitable for any currency pairs and time intervals. The indicator is very functional as it includes a couple of MetaTrader 4 standard indicators. It makes signals displayed as up and down arrows according to a price reversal. It is recommended to use highest timeframes as highest time intervals have stronger signals. And what's the main, signals appear on a current candle and Martingale with one order set can be use
480 USD
RXMatic
Valerii Hutsov
RXMatic is a trend Forex indicator changing color of candles according to the trend. You can select a color theme. There are 3 colors for bullish trend and 3 colors for bearish trend. There is one adjustable parameter, namely a period (default and the most effective period is 24). The indicator shows the highest accuracy when it works on 30 minutes timeframes and larger ones. It can be used as an independent trading system, but we recommend filtering the indicator's signals using other instrumen
400 USD
Universum Cluster Currency
Aleksandr Novikov
The Universum Cluster Currency indicator graphically shows each currency trend as a line in a separate window. The indicator can generate signals identifying beginning and end of a trend of one pair or one currency cluster, or one synthetic instrument with given parameters such as direction and size of an order. Comprehensive setup of the timeseries analysis for a given period of time. You can use it both as the sole and main indicator for determining a trend, and as an accessory filter. Input
520 USD
Olimpia Classic Dashboard
Robert Petters
This indicator is a multipairs dashboard which recognizes the best pair setup to open orders with 8 families of currencies. Families of currencies include: AUD, USD, EUR, GBP, CAD, NZD, CHF, JPY; 28 pairs in total. The precise moment to open an order is shown at Column A on the dashboard, you can also setup alerts, e-mails and notification to mobile devices. You can filter alerts by spread value of pairs. What is the dashboard showing? RED values mean short trends, GREEN values mean long trend
400 USD
Four Time Frame FX Advanced MT4
Antonio Aguilar
Four Time Frame FX Advanced Este indicador muestra los máximos, los mínimos y los puntos medios de las velas de cuatro marcos temporales. Alcista y bajistas. Características: Combinación de marcos temporales . Recomendable. H4 , H2, H1 , M15 Color por marco temporal o por movimiento del precio. Renueva en los segundos 0-5 de cada minuto. Para estrategias basadas en la acción del precio y apertura de velas relevantes . Métrica de Fibonacci por cada marco temporal. Alcista o Bajista. Señal de aper
399 USD
IC indicator
alexandr micheychik
IC is a Forex indicator that detects a possible beginning of a trend. This oscillator has much in common with standard RSI and Momentum. Breakthrough of the level 50 warns of an upcoming trend change at the current symbol. Most probably, the price will move in the direction of the level breakthrough. The indicator line approaching the level 50 may indicate possible correlation or changing of a trend. The indicator divergence from the price chart indicates that the current trend is weakening.
400 USD
Currency Strength Visualizer
Junyu Jeong
Currency Strength Visualizer (C.S.V) shows you the strength of each currency fast and intuitively in real time. You will be able to figure out which is the proper currency to trade at the moment with C.S.V. At this moment, are you wondering when is the best timing of opening/closing position? Do you need support to determine which of currency pairs are opportune to trade on now? You can determine the trade signal using your favorite one or two symbol charts but also overview of currency strength
30 000 USD
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