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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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
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TREND LINES PRO     Cet indicateur permet de comprendre les véritables changements de direction du marché. Il révèle les renversements de tendance et les points de retour des principaux acteurs. Tu vois     Lignes BOS     Détection des changements de tendance et des niveaux clés sur des unités de temps supérieures, sans paramètres complexes ni interférences inutiles. Les signaux restent affichés sur le graphique même après la fermeture de la bougie. VERSION MT 5    -     Révèle son potentiel max
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Follow The Line PRO MT5
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Follow The Line PRO   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 li
Simple Day Trading Strategy SDT   VERY RELIABLE DAY TRADING AND SCALPING INDICATOR THAT CAN MAKE EVEN A NEWBIE PRODUCE TREMENDOUS RESULTS. IT IS SIMPLE AND FAST, NO FANCY ON-CHART OBJECTS. JUST BUY AND SELL ARROWS.  IT TELLS YOU WHEN TO ADD TO A POSITION AND WHEN YOU SHOULD CONSIDER EXITING. THE BEST TIME TO EXIT ALL TRADES COMPLETELY IS ON OPPOSITE SIGNALS GREAT PRODUCT FOR ALL TRADING STYLES (swing, day trading, scalping, etc). JUST TRY IT ON ALL TIME FRAMES AND CURRENCY PAIRS AND SETTLE ON T
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