Breakout Impulse indicator for MT4

Breakout Impulse IndicatorBreakout Impulse Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Breakout Impulse is a multi-bar pattern.
The purpose of the pattern is to identify a fast change in momentum.
This type of change can announce the start of a big directional move.

Inputs of the indicator are:
  • Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol
  • MaxBars: number of bars back used to calculate the indicator
  • TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL
  • CandleSize: minimum size of candle (2.0 to 4.0 recommended range of values, 2.0 means big candle, 4.0 huge candle)
  • UsePreAlerts (true/false): to enable pre-alerts
  • PreAlertsSeconds (30): time in seconds before the close of the candle when pre-alerts will be activated (pre-alerts can disappear)
  • UseConfirmedSignals (true/false): generate alerts for confirmed signals (at the close of the bar). It is required to set this value to true if you want to receive confirmed signals alerts.
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Trading rules:

  • For BUY: wait for a bullish Breakout Impulse to print. Wait for a few bars and look at price action after the setup bar. If price does not retrace more than 50% of the setup bar then you can search for an entry like an engulfing bar to confirm (or other entry pattern of your choice). Stop Loss should be placed below the recent low after the setup bar.
  • For SELL: wait for a bearish Breakout Impulse to print. Wait for a few bars and look at price action after the setup bar. If price does not retrace more than 50% of the setup bar then you can search for an entry like an engulfing bar to confirm (or other entry pattern of your choice). Stop Loss should be placed above the high of the recent high after the setup bar.

The Breakout Impulse indicator can be used with any time frame.
The Breakout Impulse indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Other products:
You might also be interested in following products:

  • Kangaroo Tail Pro indicator
  • Big Shadow indicator
  • Fx Levels indicator to draw important support and resistance levels

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All our indicator are developed both for MT4 and MT5.

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Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automatin
Cycle Sniper
Elmira Memish
4.39 (36)
Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
Miraculous Indicator Binary & Forex v3 StrategySafe Miraculous Indicator Binary & Forex v3 StrategySafe é um indicador profissional criado para traders que desejam sinais claros, confirmações avançadas e uma forma estruturada de operar nos mercados Binary e Forex. A versão v3 traz MIR Dashboard, Miraculous Confirmation Dashboard, GANN Law, níveis Square of 9, ângulos GANN e um modo Forex mais completo para analisar o mercado com mais precisão. Principais recursos Modo Binary e modo Forex em um ú
ICT Pro 4
Robby Suhendrawan
Ultimate AIO ICT Concept Indicator for MT4: Domine os Smart Money Concepts Automaticamente Você está cansado de passar horas mapeando manualmente seus gráficos todos os dias? O indicador AIO ICT Concept é a sua solução completa para dominar os Smart Money Concepts. Projetada para eliminar a adivinhação e a fadiga emocional da análise técnica manual, esta poderosa ferramenta algorítmica mapeia automaticamente os elementos de ação do preço mais críticos direto no seu gráfico. Domine a direção do m
Cycles Predictor Indicator This indicator uses past market cycles to predict future price movements. The indicator scans through past data and considers  combinations  of cycles. When cycles  coincide  at the same future date/time then it is considered a valid future prediction. The predictions are drawn as vertical lines on the right side of the chart in the future. A prediction will often result in type of candle (ex. bull or bear) and/or a reversal point (ex. bottom or top) forming at this ex
"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." Modified TTM Squeeze Indicator is a modifica
Indicator plots price cycle blocks and sends signals with smart volume confirmation. Price cycles and fractals are combined to determine the demand/supply blocks. The indicator can be used alone or combined with other Cycle Indicators Inputs: Period: Recommended value is between 35 and 55( Which are Set 1 and Set 2 periods of cycle sniper ) Engulfing: If true, you will be able to see the engulfing bar confirmation. Volume Filter: True (The  arrow comes with volume confirmation ) Videos with dif
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