Break And Retreace MT5
- Indicateurs
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Komang Putra Riswanjaya
I am a freelance developer specializing in MQL4, MQL5, and Pine Script, focused on building custom trading solutions for MetaTrader and TradingView platforms.
My services include:
* Expert Advisors (EA)
* Custom Indicators
* Trading Tools & Utilities
* Strategy Automation - Version: 1.0
- Activations: 5
Break & Retrace is a smart price action indicator designed to help traders identify the most important market events after a support or resistance level is formed. Instead of drawing countless lines on your chart, the indicator automatically highlights key breakout opportunities, detects fake breakouts, and confirms retracement entries with a clean and easy-to-read interface.
Whether you're a breakout trader or prefer waiting for pullbacks, Break & Retrace gives you the signals you need without unnecessary complexity.
Key Features
- Breakout Detection
Automatically detects when price successfully breaks a Support or Resistance (SNR) zone.
- Instant BREAK signal after a confirmed breakout.
- Ideal for momentum and breakout trading strategies.
- Helps traders catch strong market moves early.
Fake Breakout Detection
Avoid entering false breakouts.
The indicator identifies situations where price briefly breaks an SNR level but quickly returns inside the zone, helping you filter out low-quality signals and reduce unnecessary losses.
Retrace Detection
Never miss a second entry opportunity.
After a valid breakout, the indicator monitors price retracements back to the broken SNR level and generates a RETRACE signal when price revisits the zone.
Perfect for traders who prefer confirmation entries instead of chasing the breakout candle.
Additional Features
- Clean & easy-to-read chart visualization.
- Automatic Support & Resistance (SNR) zones.
- Breakout, Fake Breakout & Retrace labels.
- Alert notifications.
- Push notifications for MetaTrader mobile.
- Buffer outputs available for EA development, automation, and custom strategies.
