Market / MetaTrader 4 / Indicators /

Breakout and Retest Scanner MT4

9 purchases per month

39 USD

Demo downloaded: 256

Published: 13 November 2023

Current version: 1.3

Breakout and Retest Scanner MT4

Name: Breakout and Retest Scanner MT4
Price: 39.00 USD
Rating: 5 (4 reviews)
Author: Elif Kaya

Indicators
Elif Kaya
Version: 1.3
Updated: 28 May 2024
Activations: 20

- Real price is 80$ - 50% Discount (It is 39$ now)

Contact me for instruction, any questions!

Introduction

The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.

The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The second thing that the breakout and retest strategy does is that it helps traders confirm a new trend. When the price breaks out from a resistance level and retests it on the other side, it is a clear signal that a new support/ resistance level has formed and a new trend has begun.

Breakout and retest Scanner Indicator

It is usually difficult for a trader to recognize patterns on a chart, as well as searching for dozens of charts and time frames will take time, and there is also a possibility of a trader's mistake in calculations. This indicator can automatically search all charts and time frames to find possible patterns in one chart.

Searching, Fibonacci calculations and pattern recognition are completely the responsibility of the indicator; All you have to do is "press the scan button".

How To Trade?

All parameters necessary to enter the trade are calculated, such as entry point, stop-loss, and take-profit.

By observing the signal and deciding to trade, we enter the trade with the "set and forget" method.

more...

155

Dominic Fernandez 2024.02.22 15:34 #

Good support by the developer. Excellent coding skills. Reliable results especially on the higher Timeframes. Looking forward to the development of the EA.

ARTHUR PAINE 2024.01.21 02:19 #

Very good indicator, thank you.

123

Nguyen Hai Hung 2024.01.15 19:55 #

I bought it and am working on it.

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149.99 USD

Contact me for instruction, any questions! Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level. The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The second thing that the breakout and rete

80 USD

- Real price is 70$ - 50% Discount ( It is 35$ now ) Contact me for instruction, any questions! Introduction A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move. The pattern usually forms at the midpoint of a full swing and shows the start of moving. Bullish flags can form after an uptrend, bearish flags can form after a downtrend. Flag Pattern Scanner Indicator It is usually difficult for a trade

35 USD

Contact me for instruction, any questions! Introduction Triangle chart patterns are used in technical analysis , which is a trading strategy that involves charts and patterns that help traders identify trends in the market to make predictions about future performance. Triangle Pattern Scanner Indicator It is usually difficult for a trader to recognize classic patterns on a chart, as well as searching for dozens of charts and time frames will take time, and there is also a possibility of a

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It is free on EURUSD chart. Contact me for any questions All Symbols version! Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level. The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. Th

FREE

- Real price is 70$ - 50% Discount ( It is 35$ now ) Contact me for instruction, any questions! Introduction The Elliott Wave in technical analysis describes price movements in the financial market that are related to changes in trader sentiment and psychology. The 5 W Pattern (Known as 3 Drives) is an Elliott Wave pattern that is formed by 5 consecutive symmetrical moves up or down. In its bullish form, the market is making 5 drives to a bottom before an uptrend forms. In a bearish 5-d

35 USD

- Real price is 90$ - 50% Discount ( It is 45$ now ) Contact me for instruction, any questions! Introduction V Bottoms and Tops are popular chart patterns among traders due to their potential for identifying trend reversals. These patterns are characterized by sharp and sudden price movements, creating a V-shaped or inverted V-shaped formation on the chart . By recognizing these patterns, traders can anticipate potential shifts in market direction and position themselves according

45 USD

Contact me for instruction, any questions! Introduction The Elliott Wave in technical analysis describes price movements in the financial market that are related to changes in trader sentiment and psychology. The 5 W Pattern (Known as 3 Drives) is an Elliott Wave pattern that is formed by 5 consecutive symmetrical moves up or down. In its bullish form, the market is making 5 drives to a bottom before an uptrend forms. In a bearish 5-drive, it is peaking before the bears take over. 5W Pattern S

70 USD

Contact me for instruction, any questions! Introduction Chart patterns are an essential tool traders and investors use to analyze the future price movements of securities. One such pattern is the triple bottom or the triple top pattern, which can provide valuable insights into potential price reversals. This pattern forms when a security reaches a low price level three times before reversing upward or reaches a high price level three times before reversing downward. Triple Top Bottom

35 USD

Contact me for instruction, any questions! Introduction A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move. The pattern usually forms at the midpoint of a full swing and shows the start of moving. Bullish flags can form after an uptrend, bearish flags can form after a downtrend. Flag Pattern Scanner Indicator It is usually difficult for a trader to recognize classic patterns on a chart, as well as sear

70 USD

Contact me for instruction, any questions! Introduction V Bottoms and Tops are popular chart patterns among traders due to their potential for identifying trend reversals. These patterns are characterized by sharp and sudden price movements, creating a V-shaped or inverted V-shaped formation on the chart . By recognizing these patterns, traders can anticipate potential shifts in market direction and position themselves accordingly. V pattern is a powerful bullish/bearish reversal pattern

90 USD

Filter:

155

Dominic Fernandez 2024.02.22 15:34 #

Good support by the developer. Excellent coding skills. Reliable results especially on the higher Timeframes. Looking forward to the development of the EA.

ARTHUR PAINE 2024.01.21 02:19 #

Very good indicator, thank you.

123

Nguyen Hai Hung 2024.01.15 19:55 #

I bought it and am working on it.

8870

Aravind Kolanupaka 2023.11.28 21:43 #

Good one

6494

Reply from developer Elif Kaya 2023.12.04 14:19 #

I'm glad to hear you've had a positive experience with Breakout and Retest experience. If you have any further questions or need assistance, I am here to help you. Have great trading!

Version 1.3 2024.05.28

- Edited color setting

Version 1.2 2024.05.28

- Edited color setting

Version 1.1 2023.11.16

Edited default input values