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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.


Features

  • 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


Settings

  • 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
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