Day Break Indicator

DAY BREAK INDICATOR

NB: THIS INDICATOR SHOWS MUCH DETAILS AND CORRECT SIGNALS ONLY ON THE CURRENT DAY'S CHART. PAST CHARTS AND STRATEGY TESTER DOESN'T SHOW MUCH POTENTIAL. It is an indicator for the current day's market purposely.

This is an arbitrary Asian support and resistance breakout indicator for the current day only. Signals are no more valid for the next day

ONLY FOR SCALPING AND INTRADAY TRADING. It signals in the direction of only the intraday trend. It should never be used for swing or long term trading. It is just for the current day. Try as much as possible not to carry trades over to the next day. Use ONLY timeframes: M1,M5,M15,M30,H1. It is prudent to trade only pairs that make a lot of pips movement everyday, example: GBPJPY, GBPAUD, GOLD (XAUUSD), EURAUD, etc... Use Trailing Stops too.

To avoid more false signals, follow these recommendations:

BUY SIGNALS CONDITIONS (ALL THESE CONDITIONS MUST BE MET):

1. Trend Filter is GREEN and upward

2. Upper Resistance line is broken

3. Blue BUY arrow appears


SELL SIGNALS CONDITIONS (ALL THESE CONDITIONS MUST BE MET):

1. Trend Filter is RED and downward

2. Lower Resistance line is broken

3. Red SELL arrow appears


FOR LESS BUT RELIABLE SIGNALS, CHANGE THE TREND FILTER TO A HIGHER FIGURE, example 120, 144, 200, etc.


This is a very reliable intraday and scalping indicator for those who trade just for the day. Contact me for any clarifications you need.


NB: I HAVE CREATED THE EA(TRADING ROBOT) FOR THIS INDICATOR. It is amazing!

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KuKl
IGOR KIRIANEN
The indicator is built on a non-standard Zig Zag, it draws accumulations after which if the price leaves this zone and a test of this zone occurs, then a sound signal is given and an arrow appears - after the test candle closes.The indicator does not redraw its signals, it is very easy to use, there are only three settings 1- this is the zig zag parameter 2- this is the minimum price exit from the zone 3- this is the maximum price exit from the zone. The lower the parameter for Zig Zag, the more
ACTUELLEMENT 40% DE RÉDUCTION ! ! 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'un
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Oliver Gideon Amofa Appiah
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Oliver Gideon Amofa Appiah
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3.67 (3)
FOLLOW THE LINE (PRO VERSION) This powerful indicator is the full and complete version of my free indicator called "Follow The Line". IT IS BASED ON the popular maxim that: "THE TREND IS YOUR FRIEND" It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. AVOID FALSE SIGNALS: BUY ONLY when price closes above the green line and the green line is above the blue channel. SELL ONLY when price closes below the pink line and the pink line i
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Oliver Gideon Amofa Appiah
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Oliver Gideon Amofa Appiah
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Oliver Gideon Amofa Appiah
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