Breakout Finder Indicator
This is a very smart breakout indicator which detects high probability breakouts. This indicator is compatible with all timeframes and symbols. It can be used to confirm trades.
- It works on every single timeframe without fine tuning
- Losing signals are highlighted and accounted
- It implements email/sound/push/visual alerts
- Best traded on the H1, H4, D1, and W1 charts.
- The indicator is non-repainting and non backpainting
- Support and Resistance levels can confirm the trades
- Morebreakouts – false; more breakout opportunities.
- MinRange – 20; minimal range of breakout
- MaxRange – 20; maximum range of breakout
- HighLowFilter – 20; filter of the high and low breakout
- MaxHistoryBars – 5000; scan bars in history for breakouts
- AnalysisEnabled – true; enable analysis of the trades
- DisplayProfits – true; display profits in percentage
- Implement mail, push and sound alerts
- Adjustable colors and width of the functions in the indicator