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Breakout Side

Trading on breakthrough price levels of support and resistance with a technologically advanced trend filtration system and the importance of price levels filtration system

Trading with indicator

  1. Symbol selection
  • It is advisable to use in the work those symbols whose Succes Rate is above 65%
  1. TakeProfit Setup
    • Exit by the new signal
    • Exit by TakeProfit1
    • Partial close by TakeProfit1 and full closing by TakeProfit2
  2. Setting StopLoss
    • Exit on the return signal
    • Exit at the StopLoss level

Benefits

  • Suitable for integration into advisor,
  • Works on all symbols and timeframes
  • It has a multi-currency panel
  • Calculates statistics, entry and exit levels
  • Do not redraw signals

Statistics

  • ExitProfit - A signal to exit from a position where the trade is in profit, but has not reached the level of TP1.
  • ExitLoss - A signal to exit from a position at which the transaction is at a loss, but has not reached the StopLoss level.
  • Succes Rate - This consists of successful signals that have reached TakeProfit1 and ExitProfit, calculated as a percentage of the total number of signals.

Input Settings

  • Period for trend detection - Period of trend filter
  • Number of bars for breakouts - The number of bars relative to which the breakdown will be calculated.
  • Multiplier of TakeProfits targets - Coefficient for calculating TakeProfit levels
  • Multiplier of StopLoss target - Coefficient for calculating the level of StopLoss
  • MaximumBars - Maximum number of bars for calculating statistics
  • StopLoss_Type - Select StopLoss calculation mode, where
  1. At_Reverse - StopLoss during a reversal breakdown
  2. At_Current_Volatility - Calculate StopLoss level relative to current market volatility.
  • MULTICURRENCY PANEL SETTINGS - Settings for the display and contents of a multi-currency panel
  • NOTIFICATIONS SETTINGS - Notification Settings
  • GRAPHICS SETTINGS - Graphic Settings













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