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Breakout Sniper

5

Breakout Sniper draw trendlines by using improved fractals and plots the breakout and reversal points.


NO REPAINT AUTOMATED TRENDLINES MULTI TIMEFRAME

*** SINCE THE STRATEGY TESTER OF MT4 PALTFORM DOES NOR SUPPORT, YOU NEED TO TEST "CURRENT TIMEFRAME" INPUTS ONLY.***

     

A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price.

Trend lines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.

By using the Multi Period and Multi Timeframe 


- Easily identify the potential reversal and breakout levels.

- Plot the patterns like triangles, head and shoulders, wedge patterns, cup and handle patterns etc.

- Indicator draws arrows only when a breakout happens.

- You can see the uncompleted/forming trend lines as well.

- Support and Resistance levels.

-Fibonacci Retracement Levels.


INPUTS:


Signal Mode: After Close ( Puts Arrow after the candle closing above/below the trend line ) 

                    Instant (  Puts Arrow as soon as the price breaks above/below the trend line ) 


Time Frame 1  : Choose the TF 

Fractal Period : Enter the period for the chosen TF


Time Frame 2 :  Choose the TF 

Fractal Period :   Enter the period for the chosen TF


Time Frame 3 :   Choose the TF

Fractal Period :   Enter the period for the chosen Time Frame 


*** If you would like to see only one Timeframe and one period, set the others same as the first one.


Colors :

* Chose the colors of the Completed Trendlines.

 * Colors 1 ... For the first TF and Period

 * Colors 2 ... For the second Timeframe  and Period

  * Colors 3... For the third Timeframe and Period.


NOTES

  • Colors of the uncompleted lines are set NONE as a default. Chose a color if you would like to see the uncompleted/forming lines.
  • If there are same trendlines in different TF and/or Periods, the color of the bigger TF/Period are shown on the chart.
  • To test the bigger timeframes on strategy tester, the more history must be loaded.




Comentários 5
Bernardo Carvalho
672
Bernardo Carvalho 2022.04.20 17:15 
 

Good

noretjvr
19
noretjvr 2020.10.14 18:20 
 

Excellent tool for clean easy trading. Very good! This very effective tool and easy to use and understand. I will recommend this to anyone. Well done!

TradingGDB
55
TradingGDB 2020.10.13 16:53 
 

All the wisdom of a great trader into the Breakout Sniper! The man behind this indicator is full of knowledge and skills. He shares his years of experience into this top-class indicator to help you to get more pips. This is undoubtedly the best indicator you can have to find the bottom or a ceiling before changing trends. With this indicator, you get sniper entry and exit to avoid wasting pips. Bless you!

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Martin Alejandro Bamonte
1 (1)
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Smart Market Scanner and Dashboard The trend is very important when trading a financial instrument. The trend can be identified by checking various of structures and indicators. Trend shifts can be identified by trendline breakouts and horizontal support/resistance levels. Scanner will scan the selected symbols and show you the direction/trend on selected timeframes. Algo is based on: Price Cycles, Fractals, Order Blocks, Hi-Lo Advantages: Multi timeframe Multi instruments including Currencies
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This is the MT5 version of Extreme Reversal Sniper MT4 Indicator Extreme Value Sniper is a detrended price indicator Indicator finds the potential reversal levels by checking value ranges and price cycles. ***Indicator does NOT repaint so it provides accurate NO REPAINT REVERSAL SIGNALS***  MT4 Version of the Indicator:  https://www.mql5.com/en/market/product/114426 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels a
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elite luis
3331
elite luis 2023.02.08 17:13 
 

O usuário não deixou nenhum comentário para sua avaliação

Bernardo Carvalho
672
Bernardo Carvalho 2022.04.20 17:15 
 

Good

Elmira Memish
8079
Resposta do desenvolvedor Elmira Memish 2022.04.20 17:28
Thank you for sharing your experience
uce10314
227
uce10314 2020.11.03 01:08 
 

This breakout sniper is a true breakthrough in trading especially when used with other snipers

noretjvr
19
noretjvr 2020.10.14 18:20 
 

Excellent tool for clean easy trading. Very good! This very effective tool and easy to use and understand. I will recommend this to anyone. Well done!

TradingGDB
55
TradingGDB 2020.10.13 16:53 
 

All the wisdom of a great trader into the Breakout Sniper! The man behind this indicator is full of knowledge and skills. He shares his years of experience into this top-class indicator to help you to get more pips. This is undoubtedly the best indicator you can have to find the bottom or a ceiling before changing trends. With this indicator, you get sniper entry and exit to avoid wasting pips. Bless you!

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