Breakout Gold Pro

Gold Breakout Pro v2.00
Professional Breakout Indicator for Gold (XAUUSD)

Gold Breakout Pro is an advanced technical indicator specifically designed for trading XAUUSD (Gold) on any timeframe, although it excels on 15-minute to 4-hour timeframes.

Key Features:
High-Quality Pivot Detection: Identifies high and low pivot points with a configurable lookback, generating breakout signals when the price surpasses these key levels.
Integrated Risk Management System: Automatically calculates Stop Losses based on ATR (with an adjustable multiplier) and three Take Profit levels according to configurable risk-reward ratios (1:1, 1:2, and 1:3 by default).
Clear Visual Zones: Displays semi-transparent rectangles that highlight the area between the entry point and the Stop Loss, facilitating instant visualization of the setup.

Dynamic Support and Resistance: Automatically detects historical support and resistance levels with configurable strength pivots, drawn as horizontal lines with clear labels.
Trend Filter with EMAs: Includes two exponential moving averages (21 and 55 periods by default) that help contextualize the overall market direction and are displayed as thick lines on the chart.
Professional Information Panel: An elegant, real-time visual panel that displays:
Current trend according to the EMAs
EMA values ​​and the gap between them
Active BUY and SELL setups with percentage distances to the Entry, Stop Loss, and Take Profit levels
Current price and Average True Range (ATR)
"Midnight Gold" Visual Theme: A premium dark design with gold, cyan, and orange tones that is visually appealing and highly professional, optimized specifically for gold. Indicator Advantages:
Clean and unobtrusive interface (up to 3 configurable simultaneous signals)
Fully customizable (pivots, ATR, R:R ratios, number of signals, etc.)
Optimized calculations to avoid overloading the terminal
Clear labels with prices and R:R ratios
Compatible with any broker and any timeframe
Gold Breakout Pro is designed for both manual traders looking for clear breakout setups and those who want a powerful and professional visual tool to analyze the gold market with greater precision.

Ideal for: Price action traders, breakout traders, and precious metals specialists (XAUUSD).
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