Break Retest MT5
- Индикаторы
-
Ich Khiem Nguyen
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Break-and-Retest Confirmation with Structural Validation for MT5
Systematic Trend Continuation and Support/Resistance Flip Identification
Core Concept and Value Proposition
Entering breakouts prematurely on aggressive expansion candles often exposes trading accounts to sharp retracements, while hesitating during a pullback can lead to late entries near momentum exhaustion. Without an objective framework to confirm that a broken structural boundary has established itself as new support or resistance, timing trend continuation remains inconsistent.
This indicator provides systematic break-and-retest trend execution. Instead of relying on subjective chart interpretation, the algorithm monitors structural swing levels, isolates clean breakouts, and validates the precise stage where price retests the broken boundary and confirms directional rejection with renewed trend momentum. This establishes objective visual validation at key market inflection points.
The system is optimized for liquid instruments (Forex majors, equity indices, precious metals) and active market sessions characterized by consistent order flow across multiple timeframes.
Algorithmic Logic and Trade Validation
Visual BUY Confirmation:
- Market Context: Market structure establishes an ongoing upward trend.
- Breakout Phase: 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 Trigger: The signal confirms strictly upon bar close; the open of the subsequent bar serves as the execution reference.
Visual SELL Confirmation:
- Market Context: Market structure establishes an ongoing downward trend.
- Breakdown Phase: 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 Trigger: The signal confirms strictly upon bar close; the open of the subsequent bar serves as the execution reference.
Strict Closed-Bar Calculation:
- All signal calculations and projected price levels are finalized strictly upon the close of the setup candle.
- Once a bar completes, signal arrows and levels lock permanently; they do not recalculate, shift, or disappear on historical bars.
Risk Management Architecture and Trade Ladder
Each validated setup automatically projects a structured trade management framework directly on the chart:
- Protective Stop Loss: Systematically anchored beyond the recent structural retest extreme, with a configurable volatility buffer to protect against spread fluctuations and normal market noise.
- TP1 (0.5R): Immediate milestone designed for rapid risk mitigation and early partial scaling.
- TP2 (0.8R): Standard milestone positioned to capture balanced directional momentum.
- TP3 (1.2R): Full swing target configured to capture extended continuation waves.
- TP4 (2.0R): Macro expansion target engineered to track larger structural trend swings.
- Trade Lifecycle Tracking: Visual status displays monitor current trade progression (Active, TP Hit, SL Hit).
Integrated Functional Modules
1. Multi-Symbol and Multi-Timeframe Scanner
Monitors multiple instruments simultaneously across M15, M30, H1, H4, and D1 without opening multiple charts:
- Setup Discovery: Highlights active BUY and SELL setups as they develop.
- Progress Monitor: Tracks the current status of each signal (Active, approaching TP, approaching SL).
- Timeframe Confluence: Alerts when higher-timeframe trend direction aligns with lower-timeframe retest confirmations.
- Market Bias Reading: Displays an UP, DOWN, or FLAT directional bias based on structural trend evaluation.
- One-Click Switching: Click any symbol or timeframe button on the panel to instantly switch the active chart.
2. Noise Filtering (Signal Brake Engine)
- Suppresses alternating BUY/SELL signals in tight, sideways consolidation ranges.
- Restricts new signals in the same direction while a prior setup remains actively tracked.
- Enforces a minimum structural R-distance between consecutive triggers to prevent over-clustering.
3. On-Chart Historical Backtest Panel
Evaluates historical setup performance directly on the chart based on current input settings:
- Displays hit rates across all target tiers (TP1, TP2, TP3, and TP4).
- Reports total setup count and sample size over the selected historical lookback.
- Highlights optimal historical target distribution for the chosen asset.
- Note: Historical backtest metrics reflect past price data for the active symbol and settings. Past performance does not guarantee future results.
4. Multi-Channel Alert System
- Standard MT5 desktop visual pop-ups.
- Custom audible sound notifications (.wav).
- Mobile push notifications directly to the MetaTrader 5 app via MetaQuotes ID.
5. Clean Chart Interface
- Three responsive size presets: Small (S), Medium (M), and Large (L).
- One-click minimize and expand controls to keep charts clean.
- Draggable panel positioning that persists across timeframe and symbol changes.
Recommended Usage and Operating Specifications
- Ideal Markets: Major Forex pairs, Gold (XAUUSD), equity indices, and liquid CFDs.
- Optimal Timeframes: Recommended on M15, M30, H1, and H4 charts for robust structural definitions.
- Platform Compatibility: Fully compatible with MetaTrader 5 on both Hedging and Netting account types.
Support and Free Demo Testing
A functional demo version can be evaluated directly in the MetaTrader 5 Strategy Tester prior to purchase.
If you have questions regarding indicator logic, settings, or chart configuration, please send a direct message via my MQL5 profile or leave a comment on the product page.
