RSI Breakout MT4

2

When prices breakout resistance levels are combined with Relative Strength Index "RSI" oscillator breaks out its historical resistance levels then probability emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception.

Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough and in turn subjected to change by indicator settings "swing backstep".  

Concept of oscillator support & resistance breakout is explained by the first & second screenshot. Thresholds have been provided to utilize if required, but remember to disable when looking for the earliest reversal signal.

Indicator signals are shown only on chart; separate window shown by screenshots depicted only for illustration purpose; however, in case of desire to have signals displayed in separated window, pertained indicator could be found at https://www.mql5.com/en/market/product/120307/

Having desire to use the indicator in your EA, consider buffer no 3 for long trades, and buffer no 4 for short trades. Indicator recommended to be used coinciding with other indicators for price support and resistance, supply & demand zones, and/or trend indicator/s

indicator setting:

  • Swing Backstep (min no of bars) : minimum no of bars to form peak or trough by each side
  • RSI Period : applied number of bars for RSI calculation
  • RSI applied price : price type used for RSI calculation
  • Bullish Threshold (if not required >> -10.0) :  minimum RSI value to consider overbought and display signal; having no desire to use threshold and display signals of any breakout, use a very low value (ex. -10.0)
  • Bearish Threshold (if not required >> +110.0) :  maximum RSI value to consider oversold and display signal; having no desire to use threshold and display signals of any breakout, use a very high value (ex. +110)
  • Show only early breakout signals : Only display oscillator breakouts when occurs together with delay of price breakout (if required).
  • Show correspondent prices for early breakouts : show price levels corresponding to oscillator early broken levels
  • Breakout Signal Gap :  controls the distance between signal arrow and bar wick

Note: No indicator will guarantee 100% of winning trades, but trader shall backtest for optimized setting in conjunction with other indicators

MT5 version available at https://www.mql5.com/en/market/product/122044

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IX Power: Scopri approfondimenti di mercato per indici, materie prime, criptovalute e forex Panoramica IX Power è uno strumento versatile progettato per analizzare la forza di indici, materie prime, criptovalute e simboli forex. Mentre FX Power offre la massima precisione per le coppie di valute utilizzando i dati di tutte le coppie disponibili, IX Power si concentra esclusivamente sui dati di mercato del simbolo sottostante. Questo rende IX Power una scelta eccellente per mercati non correlat
Reversal Identifier MT5 - Un indicatore in grado di individuare i punti di inversione su un grafico. Funziona senza ricalcoli o ritardi, identifica picchi e minimi frattali e segnala le inversioni con delle frecce. L'indicatore individua i punti di inversione precoci, dopo i quali si verifica una correzione o un cambio di direzione del trend. L'utilizzo ottimale di questo indicatore è su due timeframe: il timeframe superiore per determinare il trend e quello inferiore per ricevere i segnali di
Inside Bar Dashboard
Taras Slobodyanik
5 (3)
Multicurrency and multi-timeframe indicator Inside Bar (IB). In the parameters, you can specify any desired currencies and timeframes. The panel displays the last found Inside Bar (and Mother Bar) pattern, the current price position and the breakout of the levels of the Mother and Inside Bars. You can set the size and color for bars and text in the cells. The indicator can also send notifications when levels are broken. The dashboard highlights Double Inside Bar in a special color. By clicking
Trend Lines PRO
Roman Podpora
5 (1)
LINEE DI TENDENZA PRO       Aiuta a capire dove il mercato sta realmente cambiando direzione. L'indicatore mostra reali inversioni di tendenza e punti in cui i principali attori rientrano. Vedi  Linee BOS   Cambiamenti di tendenza e livelli chiave su timeframe più ampi, senza impostazioni complesse o rumore inutile. I segnali non vengono ridisegnati e rimangono sul grafico dopo la chiusura della barra. VERSIONE MT 5     -      Svela il suo massimo potenziale se abbinato all'indicatore   RFI LEVE
Enigmera
Ivan Stefanov
5 (8)
ENIGMERA: Il cuore del mercato Importante: La demo di MQL5.com funziona nel Strategy Tester e potrebbe non riflettere completamente le funzionalità di Enigmera. Consulta la descrizione, gli screenshot e il video per maggiori dettagli. Non esitare a inviarmi un messaggio se hai domande! Il codice dell'indicatore è stato completamente riscritto. La versione 3.0 aggiunge nuove funzionalità e corregge i bug accumulati dall'inizio dell'indicatore. Introduzione Questo indicatore e sistema di trading
Current event:  https://c.mql5.com/1/326/A2SR2025_NoMusic.gif R. Cos'è l'A2SR ?   * È un indicatore tecnico leader (nessuna riverniciatura, nessun ritardo). -- Guida : -- su https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- e https://www.mql5.com/en/users/yohana/blog A2SR ha una tecnica speciale per determinare i livelli di supporto (domanda) e resistenza (offerta). A differenza del modo ordinario che abbiamo visto in rete, A2SR ha un concetto originale nel determinare i li
KT Alpha Hunter Arrows MT4
KEENBASE SOFTWARE SOLUTIONS
La maggior parte degli indicatori a frecce ti dà un segnale e poi ti lascia capire da solo tutto il resto. KT Alpha Hunter Arrows ti offre un piano di trading completo. Ogni freccia di segnale viene visualizzata con un piano già tracciato: linea di ingresso, stop loss, quattro livelli di take profit e un verdetto edge in tempo reale che ti indica se quel simbolo e quel timeframe meritano di essere tradati in quel momento. Il pacchetto include un Trade Manager EA che gestisce l’esecuzione dopo il
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CCi Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
5 (1)
Probability emerges to record higher prices when Commodity Channel Index breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak
FREE
RVi Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
5 (1)
Probability emerges to record higher prices when RVi breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, a lot of times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by last screenshot. Furthermore, divergence   is confirmed in
FREE
MACD Breakout Indicator
Mohamed Hassan Mohamed Hassan Alsherbiny
5 (2)
Probability emerges to record higher prices when   MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by   2nd & 3rd screenshot. Furthermore, divergence is confirmed
FREE
Momentum Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther higher prices.   It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough
FREE
Momentum Breakout Indicator MT4
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough and in tu
FREE
WPR Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
The likelihood of farther price movement increases when Larry Williams Percentage Range oscillator "WPR" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side t
FREE
MACD Breakout MT4
Mohamed Hassan Mohamed Hassan Alsherbiny
2 (1)
Probability emerges to record higher prices when   MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by   2nd & 3rd screenshot. Furthermore, divergence is confirmed
FREE
RVi Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when RVi breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, a lot of times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by last screenshot. Furthermore, divergence   is confirmed in
FREE
CCi Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when CCi oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or troug
FREE
RSI Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
The likelihood of farther price movement increases when Relative Strength Index oscillator "RSI" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side to confir
FREE
WPR Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
The likelihood of farther price movement increases when Larry Williams Percentage Range oscillator "WPR" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side t
FREE
RVI Breakout MT4
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when RVi breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, a lot of times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 6th screenshot. Furthermore; divergence is confirmed in case
FREE
ROC Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with Rate of Change oscillator "ROC" breaks out its historical resistance levels then higher chances emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or
FREE
WPR Breakout MT4
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with   Larry Williams' Percentage Range "WPR"   oscillator breaks out its historical resistance levels then probability emerges to record farther prices.   It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side
FREE
MACD Breakout indicator SW
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 2nd & 3rd screenshot. Furthermore, divergence is confirmed in c
FREE
CCI Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when Commodity Channel Index breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak
FREE
CCI Breakout MT4
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when CCi oscillator breaks out oscillator historical resistance level when exhibit overbought values. Since, oscillator breakout of support and resistance have similar effect as price breaks support and resistance levels, therefore, its highly advised to confirm price breakout with oscillator breakout; certainly, will have the same output in short trades. Concept is based on find swing levels which based on number of bars by each side of peak or trough
FREE
RSI Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
The likelihood of farther price movement increases when Relative Strength Index oscillator "RSI" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side to confir
FREE
Momentum Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough and in
FREE
RSI Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
The likelihood of farther price movement increases when the Relative Strength Index oscillator "RSI" breaks through its historical resistance levels in conjunction with prices breakout of resistance levels. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; similar perception is applied to short trades. Concept is based on find swing levels which based on number of bars by each side to co
FREE
MACD Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when MACD breaks out oscillator historical resistance level. It's encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly, short trades will have the same perception. As advantage, many times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by second and third screenshot. Furthermore divergence is confirmed in c
FREE
Momentum Oscillator Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with momentum oscillator breaks out its historical resistance levels then probability emerges to record farther higher prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm peak or trough
FREE
ROC Oscillator Breakout
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with Rate of Change oscillator "ROC" oscillator breaks out its historical resistance levels then probability emerges to record farther prices.   It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to confirm
FREE
WPR Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
When prices breakout resistance levels are combined with Larry Williams' Percent Range oscillator "WPR" breaks out its historical resistance levels then higher chances emerges to record farther prices. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; certainly short trades will have the same perception. Concept is based on find swing levels which based on number of bars by each side to
FREE
RVI Breakout SW
Mohamed Hassan Mohamed Hassan Alsherbiny
Probability emerges to record higher prices when RVi breaks out oscillator historical resistance level. It's strongly encouraged to confirm price breakout with oscillator breakout since they have comparable effects to price breaking support and resistance levels; surely, short trades will have the same perception. As advantage, a lot of times oscillator breakout precedes price breakout as early alert to upcoming event as illustrated by 6th screenshot. Furthermore, divergence is confirmed in case
FREE
Filtro:
Mikhail Ryzhachenko
1083
Mikhail Ryzhachenko 2025.05.14 05:49 
 

К сожалению GAP не показывает(

Mohamed Hassan Mohamed Hassan Alsherbiny
15596
Risposta dello sviluppatore Mohamed Hassan Mohamed Hassan Alsherbiny 2025.06.04 13:50
in case you are looking for GAP analysis , for sure , this indicator will disappoint
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