Forex Uncovered

Forex Uncovered PRO v4.60

Professional Support & Resistance Breakout Indicator for MetaTrader 5

Overview

Forex Uncovered PRO v4.60 is a professional Support & Resistance Breakout indicator built for MetaTrader 5.

Unlike traditional trend indicators, Forex Uncovered focuses on Price Action by automatically identifying significant swing highs and swing lows, building dynamic support and resistance zones, and detecting confirmed breakout opportunities.

To reduce false signals, the indicator combines structural market analysis with an ATR (Average True Range) volatility filter and optional candle close confirmation.

The result is a clean, reliable breakout trading tool suitable for scalping, intraday trading, and swing trading.

Key Features
  • Automatic Support & Resistance detection

  • Intelligent Swing High / Swing Low recognition

  • Real-time Breakout detection

  • ATR Volatility Filter

  • Optional Candle Close Confirmation

  • Buy & Sell Signal Arrows

  • Instant Trading Alerts

  • Lightweight and fast execution

  • Works on all Forex pairs

  • Compatible with all timeframes

  • Non-repainting after candle close confirmation

How It Works

The indicator follows these steps:

  1. Detects important Swing Highs and Swing Lows.

  2. Creates dynamic Support and Resistance levels.

  3. Measures the importance of each level based on multiple touches.

  4. Continuously monitors price action.

  5. Detects potential breakouts.

  6. Confirms breakouts using ATR volatility.

  7. Displays Buy or Sell arrows.

  8. Sends trading alerts.

Input Parameters

1. Swing Strength

Defines how significant a swing high or swing low must be before it is considered a valid market structure.

Lower values

  • More swing points

  • More trading signals

  • Higher market noise

Higher values

  • Fewer swing points

  • Stronger Support & Resistance levels

  • Higher quality signals

Recommended Settings

Scalping

2

Intraday

3

Swing Trading

5 - 7

2. Maximum Levels

Defines the maximum number of Support and Resistance levels displayed on the chart.

Example

5

means the indicator keeps only the five most relevant Support and Resistance levels.

3. Touch Tolerance

Defines how close two swing points must be in order to be considered the same Support or Resistance level.

Small values

  • Very precise levels

Large values

  • Wider Support & Resistance zones

  • Better clustering of nearby swing points

4. Breakout Buffer (Pips)

Defines the minimum distance price must move beyond a Support or Resistance level before confirming a breakout.

Purpose

Avoids false breakouts caused by small price spikes.

Example

Resistance

1.25000

Buffer

1 pip

Buy signal appears only above

1.25010

5. Close Confirmation

When enabled, the breakout is confirmed only after the candle closes beyond the Support or Resistance level.

TRUE

  • Higher accuracy

  • Fewer false breakouts

FALSE

  • Earlier entries

  • More aggressive trading

  • Higher risk of false signals

Recommended

TRUE

6. ATR Period

Defines the number of candles used to calculate the Average True Range.

ATR measures market volatility.

Standard value

14

7. ATR Filter Multiplier

Defines the minimum candle body size required for a valid breakout.

Formula

Candle Body ≥ ATR × Multiplier

Example

ATR

20 pips

Multiplier

0.5

Minimum required candle body

10 pips

If the breakout candle body is only

4 pips

the signal is ignored.

8. Show Range Lines

Displays Support and Resistance levels directly on the chart.

TRUE

  • Support & Resistance visible

FALSE

  • Cleaner chart

  • Signals only

9. Alerts

Enables Buy and Sell notifications whenever a confirmed breakout occurs.

Each breakout generates only one alert.

Signal Interpretation

Buy Signal

A green arrow appears when:

  • Price breaks above Resistance.

  • Breakout Buffer is exceeded.

  • ATR filter confirms sufficient momentum.

  • Candle Close Confirmation is satisfied (if enabled).

Sell Signal

A red arrow appears when:

  • Price breaks below Support.

  • Breakout Buffer is exceeded.

  • ATR filter confirms sufficient momentum.

  • Candle Close Confirmation is satisfied (if enabled).

Trading Strategies

Strategy 1 – Classic Breakout

Timeframe: H1

Rules

  • Wait for a Buy or Sell arrow.

  • Enter at the opening of the next candle.

  • Place Stop Loss behind the broken level.

  • Target a minimum Risk-to-Reward ratio of 1:2.

Strategy 2 – Breakout Retest (Recommended)

This is one of the safest ways to trade breakouts.

Buy Setup

  1. Resistance is broken.

  2. Wait for price to retest the broken level.

  3. Price rejects the level.

  4. Enter Buy.

Sell Setup

  1. Support is broken.

  2. Wait for the pullback.

  3. Price rejects the level.

  4. Enter Sell.

Advantages

  • Lower risk

  • Better entry price

  • Higher probability trades

Strategy 3 – Trend Filter + Breakout

Combine the indicator with a 200 EMA.

Buy

  • Price above EMA 200

  • Forex Uncovered generates a Buy breakout

Sell

  • Price below EMA 200

  • Forex Uncovered generates a Sell breakout

This significantly improves signal quality by trading only in the direction of the dominant trend.

Strategy 4 – London Session Breakout

Timeframe: M15

Trade only during the London and early New York sessions.

These sessions provide the highest liquidity and stronger breakout opportunities.

Strategy 5 – Swing Trading

Timeframe: H4

Recommended Settings

  • Swing Strength = 5

  • ATR Period = 14

  • Close Confirmation = TRUE

Ideal for capturing medium- to long-term market moves.

Strategy 6 – Multi-Timeframe Trading

Use multiple timeframes for higher-probability entries.

H4

Determine the overall market direction.

H1

Identify Support and Resistance levels.

M15

Enter after a confirmed breakout signal.

This approach greatly improves trade quality and reduces unnecessary entries.

Recommended Settings

Scalping (M5)

  • Swing Strength: 2

  • Breakout Buffer: 0.5–1 pip

  • ATR Multiplier: 0.3

Intraday Trading (M15–H1)

  • Swing Strength: 3

  • Breakout Buffer: 1 pip

  • ATR Multiplier: 0.5

Swing Trading (H4–D1)

  • Swing Strength: 5–7

  • Breakout Buffer: 2–3 pips

  • ATR Multiplier: 0.8–1.0

Best Markets

Forex Uncovered PRO performs best on:

  • EUR/USD

  • GBP/USD

  • USD/JPY

  • AUD/USD

  • USD/CAD

  • XAU/USD (Gold)

  • NASDAQ

  • US30

  • GER40

Risk Management

For best results:

  • Never risk more than 1–2% of your account on a single trade.

  • Always use a Stop Loss.

  • Aim for a minimum Risk-to-Reward ratio of 1:2.

  • Avoid trading during major economic news releases unless your strategy is designed for high-volatility events.

Conclusion

Forex Uncovered PRO v4.60 is a professional Support & Resistance Breakout Indicator designed to identify high-probability breakout opportunities using market structure and volatility confirmation.

By combining automatic swing analysis, dynamic Support & Resistance detection, ATR-based breakout validation, and optional candle close confirmation, the indicator helps traders filter out weak breakouts and focus on stronger, higher-quality trading opportunities.

Whether you are a scalper, day trader, or swing trader, Forex Uncovered PRO provides a clean, reliable, and easy-to-use solution for trading breakouts across all major Forex markets and timeframes.


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ScalpPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or emai
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Ihor Otkydach
5 (3)
L'indicateur SUPERHERO est un système de trading multidevises conçu selon un principe « tout compris ». Cet indicateur analyse le marché de manière autonome et fournit des signaux indiquant quand ouvrir et clôturer des positions. Il utilise des ordres Stop Loss et Take Profit. Le rapport R:R est de 1:1. Ce système peut envoyer des notifications push sur votre smartphone, ce qui vous permet de passer des ordres « où que vous soyez », sans avoir à rester devant un ordinateur. C'est la solution idé
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Siarhei Vashchylka
5 (11)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Analyzes the chart using Bill Williams' "Profitunity" system. Signals are displayed in a table in the corner of the screen and on the price chart. 2. Finds all known AO and AC signals, as well as zone signals. Equipped with a trend filter based on the Alligator. 3. Finds "Divergence Bar
Naked Forex Kangaroo Tail Pro Indicator Kangaroo Tail Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The Kangaroo Tail is a multi-bar pattern. The Kangaroo Tail pattern is very effective and is very simple to trade. The strategy that comes with the Kangaroo Tail is based on price action. The indicator does what it was designed for: displaying Kangaroo Tail patterns.     Don't expect to follow the up and down arrows and make mone
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Temirlan Kdyrkhan
AriFocus - Non-Repainting Buy/Sell Signals AriFocus - one clear signal. AriFocus marks buy and sell signals directly on the chart and suggests a stop-loss level for each one. Every signal is confirmed on bar close and never repaints. - Buy/sell arrows, confirmed on bar close - Suggested stop-loss level for every signal - Trend band and candle coloring to show direction at a glance - 10 ready-made presets, or your own settings (14 calculation methods) - Pop-up, push and email alerts with entr
Volatility Master for MetaTrader is a real-time dashboard tool that scans up to  50 symbols  to identify high-volatility , trending markets instantly. With bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. We don't offer free or bonus indicators in exchange of reviews from you.
FX Sniper Orange Indicator FX Sniper Orange is an exclusive indicator to spot situations where market has gone too far and market could reverse soon after. The indicator displays arrows in your chart indicating probable future price action (see screenshot attached). FX Sniper Orange never repaints. Once candle is closed signal is confirmed and arrow will never disappear. Users of the indicator can setup alerts when new arrows are displayed in the chart. Inputs of the indicator are: Distanc
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Temirlan Kdyrkhan
1 (4)
ARIPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cu
SkyHammer Signal Pro Indicateur professionnel de signaux de tendance sans repaint, avec niveaux Entry, SL et TP verrouillés SkyHammer Signal Pro est un indicateur de tendance et de momentum structuré, conçu pour les traders qui recherchent des signaux clairs, fixes et vérifiables. Il fonctionne le mieux sur les timeframes courts, comme M1 et M5 . L’indicateur ne cherche pas à prédire les sommets ou les creux du marché. Il attend plutôt une structure de marché confirmée, une direction de tendance
La meilleure solution pour tout débutant ou Expert Trader ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une formule secrète. Avec seulement UN graphique, il donne des alertes pour les 28 paires de devises. Imaginez comment votre trading s'améliorera parce que vous serez capable de repérer le point de déclenchement exact d'une nouvelle tendance ou d'une opportunité de scalping ! Constr
Zain Gold Scalping
Ahmed Gamal Abdel Nasser Mohamed
A complete price-action analysis tool built around dual independent entry logic, each confirmed against a volatility band, combined with a configurable set of nine optional confirmation filters that let you shape exactly how conservative or aggressive the tool's signals behave. Core Strategy Two independent entry setups, each triggering only when price moves outside a dynamic volatility band — giving two distinct ways to spot potential reversal points, which can be used together or separately.
Ziva LSE System
Hassan Abdullah Hassan Al Balushi
ZIVA LSE System A Professional Liquidity & Structure Execution Framework Executive Overview ZIVA LSE System is a professionally engineered analytical framework designed to interpret market behavior through structural logic and liquidity dynamics. It is not positioned as a conventional indicator. Rather, it functions as a structured execution environment that organizes price action into a clear, disciplined decision-making model. The system is built to deliver consistency, clarity, and controlled
Btmm state engine pro
Garry James Goodchild
5 (4)
BTMM State Engine Pro by G-Labs — Beat The Market Maker indicator for MetaTrader 5. Asian session range, London and New York kill zones, level progression (L1/L2/L3), peak formation detection (PFH/PFL), entry signals, and a multi-pair scanner from one chart for BTMM and Trend Trading traders Stop scanning charts one pair at a time. The State Engine tracks the BTMM daily cycle automatically — Asian box, room boundaries, level blocks, peak formations, and filtered entries — while the scanner das
Orderflow Big Trade Révélez la pression cachée au cœur des bougies grâce aux cartes thermiques du Delta estimé Manquez-vous l'activité critique qui se déroule à l'intérieur des bougies japonaises classiques ? Orderflow Big Trade utilise des algorithmes avancés de pondération par la plage de prix et le cours de clôture pour estimer la pression d'achat et de vente sur des niveaux de prix regroupés. Au lieu de s'appuyer uniquement sur le volume brut, il transforme la dynamique du Price Action en
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