AI Break and Retest Zones Indicator
- Indicateurs
- Version: 1.0
Marks swing levels that break and then hold on the retest, the setup many price action traders wait for.
How it works
The indicator finds swing highs and lows with a strength you choose.
When a candle closes through a level, it starts tracking a retest. If price comes back within the tolerance and closes in the breakout direction, an arrow appears and the level is drawn on the chart.
A close back through the level cancels the setup. Everything is calculated on closed bars.
Key features
- Swing level detection
- Break, retest and hold rules
- ATR based retest tolerance
- Drawn levels and arrows
- Popup, push and sound alerts
- Buffers for EA use: 0 bullish retest, 1 bearish retest
Recommended
Any symbol and timeframe.
Inputs
Swing strength, tracked levels, retest window, ATR tolerance, bars to scan, colors and alerts.
Risk note
Signals are not a guarantee of future results. Use them together with your own analysis and risk management.
