Breakout Monitor Pro

Breakout Monitor Pro v2.10 - Breakout Analysis Panel for MetaTrader 5

DESCRIPTION

Breakout Monitor Pro is a real-time market analysis panel for MetaTrader 5 that evaluates the current trading condition using 7 independent components and produces a composite score from 0 to 7. It monitors volume, volatility, momentum, price action patterns, market structure, support/resistance levels and Z-Score deviation - all displayed on a clean on-chart panel updated on every tick.

When a position is open, the panel switches to breakout monitoring mode: it detects whether the breakout is strong enough to justify doubling the position, or flags weak breakouts with insufficient confirmation.

This tool does not open trades automatically. It is a decision-support panel for manual or semi-manual trading.


THE 7-COMPONENT SCORE

[1] VOLUME - current volume vs average over the lookback period
[2] VOLATILITY - average range in pips vs minimum threshold
[3] MOMENTUM - price displacement over N bars in pips
[4] PRICE ACTION - Pin Bar, Engulfing, Doji patterns on last 2 candles
[5] MARKET STRUCTURE - Higher Highs/Higher Lows or Lower Lows/Lower Highs
[6] SUPPORT/RESISTANCE - proximity to key S/R levels with touch count filter
[7] Z-SCORE - statistical deviation of price from its mean

Score interpretation:
- 7/7: SEGNALE PERFETTO - all components agree
- 5-6/7: MERCATO CALDO - strong conditions
- 3-4/7: MERCATO TIEPIDO - moderate conditions
- 0-2/7: MERCATO FREDDO - weak, wait

Each component shows [OK] or [--] so you know exactly what is and is not confirming.


BREAKOUT MODE (position open)

When a position is active, the panel monitors the entry candle high/low for breakout conditions:

RADDOPPIA (Double): breakout confirmed + volume explosion + Z-Score at extreme level - strong signal to add to the position

ROTTURA FORTE: breakout confirmed + volume + momentum + Z-Score aligned

ROTTURA DEBOLE: breakout detected but one or more filters missing - shows which component is failing

ATTESA: no breakout yet - shows current entry level to watch


Z-SCORE MODULE

Statistical measure of how far price has deviated from its recent mean. Configurable period (default 20), long threshold (default +2.0), short threshold (default -2.0), double threshold (default +/-2.5). Can be enabled or disabled independently.


ATR-BASED TP/SL

When a position opens, the panel automatically sets TP and SL based on ATR:
- TP = open price + ATR x TPMultiplier (default 1.5)
- SL = open price - ATR x SLMultiplier (default 1.0)


INSTALLATION

1. Download .ex5 from MQL5 Market
2. Attach to any chart in MetaTrader 5
3. Enable Auto Trading is NOT required
4. Configure risk percentage and alert thresholds
5. Panel appears automatically and updates on every tick


SUPPORT

Support via private messages on MQL5.com.
Updates included in purchase price.


RISK DISCLAIMER

This tool provides market analysis for informational purposes only. It does not guarantee profitable results. Trading involves significant risk of capital loss. Always test on a demo account before using on a live account. The author assumes no responsibility for losses from use of this software.
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