Breakout Pro MTF
- 指标
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Rikza Fauzan Nurfadilah
Professional provider of MQL5 MetaTrader 5 Expert Advisors (EAs). Help optimize your automated trading with proven, stable, and secure strategies. - 版本: 1.0
- 激活: 5
Breakout Pro is a consolidation breakout indicator for MetaTrader 5. It finds ranges where price is building energy, confirms when price closes decisively out of them, and draws the full trade plan on your chart, so you can see the setup, the risk, and the reward at a glance.
HOW IT WORKS
- Range detection: the indicator measures the high and low of the last N bars and accepts a range only if its height falls between a minimum and maximum multiple of ATR. Ranges that are too tight (noise) or too wide (not consolidation) are ignored.
- Breakout confirmation: a signal requires a candle to close beyond the range edge by an ATR-based buffer, with a strong candle body and, optionally, above-average tick volume.
- First breakout only: each range produces one signal, which avoids repeated arrows on the same structure.
- Optional trend filter: trade only in the direction of a long-term EMA.
TRADE PLAN ON THE CHART
- Consolidation box behind each breakout
- Dashed line at the broken level
- Risk zone (stop loss beyond the opposite range edge plus an ATR buffer)
- Reward zone (take profit at a configurable risk-to-reward ratio, 2R by default)
- Labeled SL and TP prices
OSCILLATOR PANE
- RSI, Stochastic %K and %D in a separate window with 20, 50 and 80 reference levels
TECHNICAL SUMMARY
- Combines 4 oscillators (RSI, Stochastic, MACD, CCI) and 5 EMAs (10, 20, 50, 100, 200)
- Shows a summary rating from STRONG SELL to STRONG BUY, with the buy, neutral and sell count
DASHBOARD
- Current range, height in ATR, relative volume, and ATR value
- Breakout state: CONSOLIDATING, BREAKOUT UP, BREAKOUT DOWN, TOO NARROW, or TOO WIDE
- Signal count and the most recent signal with its time
OTHER FEATURES
- Works on any symbol and timeframe, since all thresholds scale with ATR
- Dark chart theme (optional)
- Popup alerts and MetaQuotes push notifications, one per closed bar
- Signal buffers are available to Expert Advisors through iCustom
REQUIREMENTS
- MetaTrader 5
- Forex, metals, indices, and crypto CFDs with sufficient history
- Any broker
IMPORTANT
Breakout Pro is a technical analysis tool. It does not guarantee profits, and breakouts can fail, especially in low-liquidity sessions or around news releases. Past Strategy Tester results do not predict future performance. Test on a demo account first, include spread and commission in your evaluation, and always manage your risk.
