Break And Retreace MT5
- Indicadores
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Komang Putra Riswanjaya
I am a freelance developer specializing in MQL4, MQL5, and Pine Script, focused on building custom trading solutions for MetaTrader and TradingView platforms.
My services include:
* Expert Advisors (EA)
* Custom Indicators
* Trading Tools & Utilities
* Strategy Automation - Versão: 1.0
- Ativações: 5
Break & Retrace is a smart price action indicator designed to help traders identify the most important market events after a support or resistance level is formed. Instead of drawing countless lines on your chart, the indicator automatically highlights key breakout opportunities, detects fake breakouts, and confirms retracement entries with a clean and easy-to-read interface.
Whether you're a breakout trader or prefer waiting for pullbacks, Break & Retrace gives you the signals you need without unnecessary complexity.
✨ Key Features
🚀 Breakout Detection
Automatically detects when price successfully breaks a Support or Resistance (SNR) zone.
- Instant BREAK signal after a confirmed breakout.
- Ideal for momentum and breakout trading strategies.
- Helps traders catch strong market moves early.
⚠️ Fake Breakout Detection
Avoid entering false breakouts.
The indicator identifies situations where price briefly breaks an SNR level but quickly returns inside the zone, helping you filter out low-quality signals and reduce unnecessary losses.
🔄 Retrace Detection
Never miss a second entry opportunity.
After a valid breakout, the indicator monitors price retracements back to the broken SNR level and generates a RETRACE signal when price revisits the zone.
Perfect for traders who prefer confirmation entries instead of chasing the breakout candle.
📊 Additional Features
- ✅ Clean & easy-to-read chart visualization.
- ✅ Automatic Support & Resistance (SNR) zones.
- ✅ Breakout, Fake Breakout & Retrace labels.
- ✅ Alert notifications.
- ✅ Push notifications for MetaTrader mobile.
- ✅ Buffer outputs available for EA development, automation, and custom strategies.
