Break Retest MT5
- Indicadores
-
Ich Khiem Nguyen
👋 Bem-vindo à Alpha On Chart
Estou desenvolvendo a Alpha On Chart como um ecossistema de suporte para traders de XAUUSD e usuários de MT5.
Veja o que você pode explorar:
🔥 VIP MEMBER - Versão: 1.0
- Ativações: 10
Section 1: Context and Core Value
Systematic Break-and-Retest Confirmation with Structural Validation
Traders frequently face execution challenges when entering initial breakouts. Entering prematurely on an aggressive expansion candle often exposes positions to deep corrective retracements, while hesitating during the pullback can cause traders to enter late near momentum exhaustion points. Without objective validation that a breached level has established itself as new support or resistance, timing market continuation becomes inconsistent.
This indicator is engineered to provide systematic break-and-retest trend execution. Instead of requiring subjective assessment of pullback quality, the algorithm monitors structural swing levels, identifies clean breakouts, and validates the precise stage where price retests the broken boundary and confirms directional rejection with renewed trend momentum. This delivers structured on-chart validation at key market inflection points.
The system is optimized for liquid instruments and active trading sessions characterized by clear directional order flow across multiple timeframes.
Section 2: Entry Logic and Trade Management
Visual BUY Confirmation:
- Context: Market structure establishes an ongoing upward trend.
- Breakout: Price closes cleanly above a key structural swing high.
- Retest and rejection: Price pulls back to test the prior resistance zone from above and prints a bullish expansion candle closing higher to reject lower prices.
- Execution point: The signal confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Visual SELL Confirmation:
- Context: Market structure establishes an ongoing downward trend.
- Breakdown: Price closes decisively below a key structural swing low.
- Retest and rejection: Price retraces to test the prior support zone from below and prints a bearish expansion candle closing lower to reject higher prices.
- Execution point: The signal confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Protective Stop Loss Placement:
- The system automatically anchors a protective Stop Loss reference beyond the recent structural retest extreme.
- A configurable volatility buffer provides additional space against market spread variations and routine price fluctuations.
Four Tiered Profit Targets:
- TP1 (0.5R): Structured for rapid risk reduction and early partial scaling frameworks.
- TP2 (0.8R): Standard milestone designed to capture balanced continuation momentum.
- TP3 (1.2R): Full swing target capturing extended directional waves.
- TP4 (2.0R): Extended target engineered to track larger structural trend expansions.
Closed-Bar Signal Logic:
- Signals are calculated and fixed strictly upon the close of the setup bar.
- Signal markers and projected price levels do not recalculate, shift, or disappear once the bar has closed.
All-in-One Trading Toolkit on MT5
Purpose-built for identifying validated break-and-retest setups and structural momentum transitions across liquid markets.
Built to support your trading workflow: multi-symbol screening, multi-timeframe confirmation, transparent Entry-SL-TP visual structures, and on-chart historical backtesting.
Multi-Symbol and Multi-Timeframe Scanner
Avoid opening dozens of separate charts.
The integrated MTF SCAN dashboard monitors multiple assets simultaneously across:
M15, M30, H1, H4, D1
Dashboard overview:
- Active Signal Discovery: Shows currently active BUY/SELL setups.
- Signal Status Tracking: Displays basic status of tracked signals (active, near TP, near SL).
- Higher Timeframe Confluence: Highlights when a higher-timeframe trend aligns with a lower-timeframe trigger.
- Market Bias Summary: UP, DOWN, or FLAT reading based on the indicator's own trend filter.
- One-Click Navigation: Click any dashboard cell to switch your active chart to that symbol and timeframe.
Trade Plan Visualization: Entry, Stop Loss and 4-Tier TP Ladder
A full plan displayed on the chart rather than a single alert:
Entry -> Stop Loss -> TP1 -> TP2 -> TP3 -> TP4
- Visual risk/reward zones projected directly onto your candles.
- Basic lifecycle status tracking (Active, TP Hit, SL Hit).
- Non-Repaint Design: Signals lock once the bar closes and do not recalculate, shift, or disappear afterward. This describes the calculation logic only and does not imply any particular outcome.
Signal Filtering (Signal Brake)
Sideways consolidation and two-sided liquidity wicks can generate repeated false signals. The Signal Brake logic is intended to reduce this:
- Limits rapid BUY/SELL flip-flopping in tight consolidation ranges.
- Restricts new same-direction signals while a prior setup is still active.
- Requires a minimum R-distance before the next signal can trigger.
On-Chart Historical Backtest Panel
A built-in panel summarizes how signals performed on historical data for the current settings:
- Historical hit-rate breakdown across TP1, TP2, TP3, and TP4.
- Sample size shown for the configured lookback period.
- Highlights which TP level had the best historical hit-rate for that sample.
- A simple sample-size indicator to help judge statistical relevance.Note: these figures reflect past price data for the tested symbol, timeframe, and settings only. Past results do not guarantee future performance.
Multi-Channel Alerts
Stay informed while away from the chart:
- MT5 Desktop pop-up notifications.
- Audio alerts (.wav).
- Push notifications to the MT5 mobile app via MetaQuotes ID.
Interface
Designed to stay out of the way of your chart:
- 3 size presets: Small (S) / Medium (M) / Large (L).
- One-click minimize and expand toggle.
- Draggable panel that remembers its position across timeframe changes.
Suited For Traders Who Want To:
- Pinpoint high-probability break-and-retest confirmations at structural boundaries.
- Avoid chasing overextended initial breakouts without verified support/resistance flips.
- Position protective Stop Loss levels systematically around confirmed retest extremes.
- Manage trade lifecycles using a standardized 4-tier risk-to-reward target matrix.
- Screen multiple liquid symbols and timeframes for retest continuation setups simultaneously.
- Evaluate historical hit rates and sample sizes across different market environments directly on chart.
Support and Free Trial
A free demo version can be tested in the Strategy Tester and on a demo chart before purchase, through the standard MQL5 Market demo feature.
Want to try the full version before buying? Message me and I'll set you up with a short-term full-feature trial license — just send a message with your account details.
For setup questions or technical support, feel free to send a message through my MQL5 profile.
