Breakout And Liquidity Sweep Pro Indicator

  • Göstergeler
  • Ajay Namdev Lonare
    Ajay Namdev Lonare
    • MQL5 / MT5 & MT4 Algorithmic Trading Developer at  Self-Employed
    • Hindistan
    • 0
    Hi, I’m Ajay Lonare, a developer and algorithmic trading enthusiast specializing in the development of MT5 and MT4 indicators and Expert Advisor (EA) robots.
  • Sürüm: 1.30
  • Etkinleştirmeler: 20
S&R Breakout & Liquidity Sweep Pro

Trade the Level. Read the Reaction. Confirm the Move.

S&R Breakout & Liquidity Sweep Pro is an MT5 indicator designed to analyze how price reacts when it reaches important Support and Resistance levels.

Rather than treating every level touch as a breakout opportunity, the indicator tracks the interaction and evaluates multiple confirmation conditions using a structured 4-point confirmation framework.

The result is presented directly on your chart through an intuitive dashboard, confirmation score, level table and visual signals.

🔥 KEY CONCEPT

When price reaches an important Support or Resistance level, the critical question is:

Will price break through the level, sweep liquidity and reverse, or produce a failed breakout/trap?

This indicator helps organize that analysis into a systematic checklist.

Confirmation Score

1/4 → Initial confirmation

2/4 → Additional confirmation

3/4 → Stronger confirmation

4/4 → Full confirmation

The score is generated from the indicator's defined rules and should be used as a confirmation tool—not as a guarantee of future price movement.

📊 4-POINT CONFIRMATION SYSTEM

1️⃣ Initial Event

The indicator monitors price interaction with a detected Support or Resistance level and identifies the developing event.

2️⃣ Volume

Volume behavior is analyzed relative to its recent average to help distinguish stronger moves from weaker reactions.

3️⃣ Momentum

Price movement and displacement are evaluated to determine whether the reaction demonstrates meaningful momentum.

4️⃣ Retest / Continuation

The indicator monitors subsequent price behavior around the level to identify retest and continuation characteristics.

Together these conditions create the displayed X/4 confirmation score.

🚀 BREAKOUT DETECTION

When price decisively moves through a tracked level, the indicator can classify the event as a potential breakout.

The system considers factors such as:

• Candle close beyond the level
• Volume behavior
• Price displacement
• Momentum
• Retest / continuation behavior

This allows traders to focus on the quality of the level reaction instead of simply reacting to the first candle that crosses a level.

💧 LIQUIDITY SWEEP / FAKEOUT DETECTION

Not every move through Support or Resistance becomes a genuine breakout.

The indicator also analyzes situations where price moves beyond a level and subsequently reverses.

These events can be displayed as:

SWEEP / FAKEOUT

and are scored using the same confirmation framework.

This can help traders identify situations where a breakout attempt fails and price returns back toward the previous range.

⚠️ FAILED BREAKOUT / TRAP ANALYSIS

The indicator can also identify developing failed-breakout conditions.

These situations may occur when price initially moves beyond a level but fails to maintain the move.

The dashboard and chart markings help distinguish these reactions from straightforward continuation.

🎯 BUY & SELL CONFIRMATION SIGNALS

The indicator can display directional confirmation arrows when the configured minimum confirmation score is reached.

By default:

Minimum Signal Score = 3/4

This means the chart can highlight higher-confirmation directional events while allowing traders to configure their own threshold.

You can choose between:

• 3/4 confirmation
• 4/4 confirmation

depending on your trading style.

📋 PROFESSIONAL ON-CHART DASHBOARD

The dashboard provides the most important information without requiring traders to inspect every level manually.

Dashboard information includes:

CURRENT LEVEL

The relevant Support/Resistance level being monitored.

PRICE

Current price information relative to the active level.

STATE

Current event condition such as:

• Testing
• Breakout
• Sweep / Fakeout
• Other/expired states

SCORE

Confirmation score displayed as:

1/4 → 2/4 → 3/4 → 4/4

DIRECTION

The directional bias of the detected event.

LAST EVENT

Displays the latest detected event.

TIME

Displays event timing information.

✅ CONFIRMATION CHECKLIST

The dashboard contains a dedicated checklist showing:

✓ Initial Event
✓ Volume
✓ Momentum
✓ Retest / Continuation

This gives traders an immediate visual representation of how many confirmation conditions have been satisfied.

📊 TRACKED LEVELS TABLE

The dashboard can display multiple tracked levels simultaneously.

The table provides:

TYPE | PRICE | STATE | SCORE | DIST

This allows traders to quickly monitor nearby Support and Resistance levels without manually drawing them.

📈 AUTOMATIC SUPPORT & RESISTANCE

The indicator identifies swing-based Support and Resistance levels using configurable pivot detection.

Users can customize:

• Left swing bars
• Right swing bars
• Historical lookback
• Maximum tracked levels
• ATR-based clustering
• Fixed-point clustering

This allows the indicator to adapt to different symbols and trading environments.

⚙️ ADVANCED CONFIGURATION

The indicator provides extensive customization options.

Level Detection

• Swing left bars
• Swing right bars
• Lookback period
• Maximum levels

Level Filtering

• ATR mode
• Fixed points mode
• ATR period
• ATR multiplier
• Point tolerance

Event Engine

• Event window
• Confirmation window
• Cooldown period
• Historical event scanning

Confirmation Rules

• Firm close threshold
• Wick threshold
• Volume average
• High-volume threshold
• Low-volume threshold
• Volume spike threshold
• Momentum window
• Momentum ATR threshold
• Reversal window
• Reversal ATR threshold
• Retest window
• Retest tolerance
• Opposite displacement threshold

🔔 ALERT SYSTEM

Stay informed when important events occur.

Available alert options include:

✓ Popup alerts
✓ Push notifications
✓ Email alerts
✓ Sound alerts

You can also configure the minimum confirmation score required before an alert is generated.

🎨 CLEAN CHART VISUALIZATION

The indicator provides customizable visual elements including:

• Support lines
• Resistance lines
• Breakout markers
• Sweep markers
• Right-edge level labels
• Confirmation arrows
• Dashboard
• Tracked-level table

Colors, line styles, widths and dashboard appearance can be customized from the indicator settings.

🤖 EA / iCustom COMPATIBILITY

The indicator exposes signal information through indicator buffers for programmatic access.

Available buffers include:

Buffer 0 — Direction

Buffer 1 — Level

Buffer 2 — Score

Buffer 3 — Final Verdict

This can be useful for traders developing their own Expert Advisors or automated workflows around the indicator's signals.

💡 HOW TO USE

Step 1

Attach the indicator to your MT5 chart.

Step 2

Allow the indicator to identify nearby Support and Resistance levels.

Step 3

Monitor the dashboard when price approaches a tracked level.

Step 4

Watch the confirmation checklist.

Step 5

Evaluate the displayed score.

Step 6

Use the breakout, sweep/fakeout and directional information as part of your trading decision.

⭐ WHO IS THIS INDICATOR FOR?

Suitable for traders who use:

• Price Action
• Support & Resistance
• Breakout Trading
• Liquidity Concepts
• Smart Money Concepts
• Market Structure
• Intraday Trading
• Scalping
• Swing Trading

The indicator can be configured for different instruments and trading timeframes.

⚠️ IMPORTANT

This indicator is an analysis and decision-support tool.

A 3/4 or 4/4 confirmation score does not guarantee a profitable trade, breakout, liquidity sweep or specific future price movement.

Financial markets are uncertain and all trading involves risk.

Always perform your own analysis and use appropriate risk management.

Past performance or historical signals do not guarantee future results.

S&R BREAKOUT & LIQUIDITY SWEEP PRO

Structured confirmation.
Clear visualization.
Smarter level analysis.

Trade the reaction—not just the level.

Installation

  1. Open MetaTrader 5.

  2. Select File → Open Data Folder.

  3. Open:
    MQL5 → Indicators

  4. Copy the indicator .ex5 file into the Indicators folder.

  5. Restart MetaTrader 5 or refresh the Navigator.

  6. Open Navigator → Indicators.

  7. Find S&R Breakout & Liquidity Sweep Pro.

  8. Drag the indicator onto your desired chart.

  9. Configure the inputs according to your trading style.

  10. Click OK.

The indicator is designed to work directly on MT5 charts and does not require an external application.

Frequently Asked Questions

Does the indicator automatically find Support and Resistance?

Yes. The indicator uses swing-based pivot detection and configurable clustering to identify and track relevant levels.

Does it identify breakouts?

Yes. It evaluates price behavior around tracked Support and Resistance levels and can classify decisive movements as potential breakouts.

Does it identify liquidity sweeps?

Yes. The event engine can classify suitable failed level breaks as sweep/fakeout events.

What does 4/4 mean?

4/4 means that all four confirmation components defined by the indicator have been satisfied for the evaluated event.

Is 3/4 guaranteed to be profitable?

No. The score is a rule-based confirmation measurement and does not guarantee a profitable trade.

Does it provide Buy and Sell signals?

Yes. Confirmation arrows can be displayed when the configured minimum score is reached.

Can I change the minimum signal score?

Yes. The default minimum signal score is configurable.

Does it support alerts?

Yes. Popup, push, email and sound alerts are available.

Can I use it on different timeframes?

Yes. The indicator can be attached to MT5 charts on different timeframes. Appropriate parameter settings may vary by instrument and timeframe.

Can I use it with Expert Advisors?

The indicator exposes signal information through indicator buffers, allowing compatible EAs to retrieve the data using iCustom.

Does it repaint?

The indicator relies on swing/pivot confirmation, meaning newly identified swing levels inherently require the configured right-side confirmation bars. Users should understand this behavior when evaluating historical charts.

Does it guarantee market direction?

No. The indicator is a technical-analysis and decision-support tool. Market conditions can change unexpectedly.

Is risk management included?

No. Position sizing, stop-loss placement and money management remain the trader's responsibility.


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