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Breakout Meter

Versione demo scaricata: 1

Pubblicato: 6 maggio 2025

Versione attuale: 1.0

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Breakout Meter

Utilità
Nana Yaw Osei
Nana Yaw Osei
Technical Operations al LightTradeFOREX

Ghana

1324
LightTrade Forex.
Providing EAs and trading utilities for global forex learners.
Specialized in risk management, trend following, and trade journaling.
Offering advanced tools for optimal trade exits and performance tracking.
Versione: 1.0
Attivazioni: 5

Overview

Breakout Meter is a price action tool that identifies key breakout zones based on recent daily price activity. It highlights areas where momentum is likely to trigger, helping traders anticipate breakouts or reversals with minimal configuration.

How It Works

The EA analyzes a user-defined number of recent daily candles and marks high and low zones where price has shown strong reactions. It automatically updates levels with new data and removes outdated zones to keep charts clear. Users can choose to base levels on candle wicks or bodies.

Key Features

Breakout zone detection based on recent high/low reactions
Automatic level updates with adaptive zone tracking
Option to use wicks or bodies for zone calculations
Eliminates the need of having to draw support resistance manually
Works with any symbol and asset class in MetaTrader 5

Inputs

TopDaysToAnalyze: Number of daily candles to analyze (default: 10; range: 3–100)
UseWicks: Use candle wicks (true) or bodies (false) for zone detection

Best For

Traders identifying breakout or reversal levels
Structure-based strategies and directional setups
Enhancing trend, range, or reversal strategies with visual support

Platform Compatibility

MetaTrader 5
All supported instruments
Monitored timeframe: Daily
Attach to any chart to begin analysis

altro...

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EMA Line Visualizer with Trend Analysis Description: The Exponential Moving Average (EMA) Line Visualizer EA plots multiple EMAs on your chart (25, 50, 100, 200, and a custom EMA) and analyzes real-time trend direction. It detects whether the market is currently in an Uptrend , Downtrend , or Flat condition based on the latest EMA relationships. Features: Multi-EMA Display Plot multiple EMAs with customizable periods. Custom Colors Set distinct colors for each EMA line for better visual trac

FREE

ATR Stop Loss Manager— Smarter Risk Awareness for Forex Traders Confident trading begins with clear risk management. The ATR Stop Loss Expert is a powerful utility tool that automatically adjusts your stop-loss levels using ATR (Average True Range) — a proven volatility measure — so your trades are protected by logic, not guesswork. What This Tool Does This EA monitors your open trades and sets a stop-loss based on recent market volatility, calculated from the ATR indicator. It doesn’t place t

FREE

SmartLotEA – Auto Lot Size Calculator for All Pairs SmartLotEA is a professional-grade MetaTrader 5 Expert Advisor designed to calculate trading lot sizes automatically based on account balance. It helps traders maintain consistent risk control across all trading pairs with minimal configuration. Built for precision and simplicity, SmartLotEA is fully compatible with all symbols — including forex majors, minors, exotics, and synthetic instruments — and adapts its lot sizing logic to your account

FREE

Dynamic ATR TP Ratio The ATR Take Profit Manager Expert Advisor (EA) automatically calculates and adjusts the take profit (TP) level for your open trades, based on market volatility. This EA uses the Average True Range (ATR) indicator, which measures market volatility, to set your TP level, ensuring it adapts to the current market conditions. What is ATR? The Average True Range (ATR) is a technical indicator that shows the volatility of an asset over a specific period. It measures how much the

FREE

Trade Performance Journal — Your Visual Trading Summary Tool Trade smarter by understanding your performance. This Expert Advisor (EA) provides an instant visual summary of your trading results directly on the chart. Whether you’re a scalper, swing trader, or long-term investor, this tool helps you stay on top of your performance metrics with ease. Key Features Flexible Time Analysis View your performance by Quarter, Month, or Half-Year. Easily switch between display modes to analyze your res

FREE

Momentum Echo – Real-Multi Currency Alert System Overview: Momentum Echo is a real-time alert system designed to monitor price with precision. It identifies aggressive market moves, capturing critical moments when price moves against the normal range signifying possible: Never miss a retracement even when away from your trading computer Stop hunts to eliminate retail positions Volatility breaks out of consolidation zones Price luring traders into premature entries Momentum surges confirm market

39.99 USD

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Breakout Meter

Nana Yaw Osei

Overview

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