Genius Breakout indicator provides Entry Signal, StopLoss and TakeProfit levels by using special breakout pattern. If you like breakout systems, you may use the buy and sell signals for trading.
It clearly shows where to Buy or Sell, where to place your StopLoss and TakeProfit levels. Resistance and Support Levels are calculated by special formula.
I want your good reviews, please test it for free. I hope you will find it useful in your trading systems.
- Resistance and Support Levels are automatically drawn.
- Never repaints, Never backpaints, Never recalculates.
- Indicator uses very less CPU, so it is good for multiple charts
- You may use this indicator for all symbols and all timeframes.
- Alerts are pop-up, push notification and sound alerts.
- Fully compatible with Expert Advisor (EA) development.
- Suitable for Scalpers, Swing Traders, Day Trader, Short Term & Long Term Traders.
- Easy-to-use trading system for beginners, advanced and professional traders.
- User friendly interface, as it is plug and play.
The dashboard visually shows:
- Entry - the Entry point of the last signal
- SL - StopLoss of the last signal in price level
- TP1 - the first TakeProfit of the last signal in price level
- TP2 - the second TakeProfit of the last signal in price level
- TakeProfit Factor - multiplier used to calculate TakeProfit levels (default: 1.0).
- StopLoss Factor - multiplier used to calculate StopLoss levels (default: 1.0).
- Maximum History Bars - maximum number of bars used for calculation.
- Graphics Parameters - control the appearance and colors of objects.
- Dashboard Parameters - control the visibility and colors of dashboard.
- Alert Parameters - control the alert options.
- Pop-Up Alerts: When it is true, it will show a message to your computer screen.
- Push Notification Alerts: When it is true, it will send notifications to your phone.
- Sound Alerts: When it is true, it will play sound file when a signal is produced