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Breakout and Retest Scanner MT4

5

- Real price is 80$ - 40% Discount (It is 49$ now)

Contact me for instruction, add group and any questions!

Related Products: Bitcoin Expert, Gold Expert

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". It sends alert and push notification on your mobile.


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.


Reviews 20
GromikoFX
21
GromikoFX 2024.10.27 15:21 
 

Hey, I'm happy to get this indicator, because I think it's easy to understand and I also can't wait for Monday to try this good stuff, while I give it five stars, thanks.

Heiner G.
515
Heiner G. 2024.10.22 18:26 
 

This indicator makes a decent first impression. I combine it with my SmartMoney Strategy (OB´s & FVG´s). The scanner should help well to find subtle entries and make the work easier.

Bobby Lee Ramadhani
26
Bobby Lee Ramadhani 2024.10.20 11:04 
 

the best indicator so far, i like it

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Elif Kaya
3.67 (3)
-   Real price is 200$   - 60% Discount (It is now 79$) - Pass your challenge in 1 hour Welcome to the next generation of trading,   HFT Prop Firm Bot only opens   one trade at a time   with   Highly profit,   Fixed Stop loss and Very low Draw-down. Live Monitoring (Passed in 1 day): myfxbook.com/portfolio/hft-prop-firm/11004800 No Martingale, No Grid, No Scam What is HFT Prop Firm? High-frequency trading (HFT) systems are based on sophisticated algorithms that can execute trades with lightenin
-   Real price is 90$   - 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
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
Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 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 cl
-   Real price is 60$   - 50% Discount ( It is 30$ now ) 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 tim
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
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
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GromikoFX
21
GromikoFX 2024.10.27 15:21 
 

Hey, I'm happy to get this indicator, because I think it's easy to understand and I also can't wait for Monday to try this good stuff, while I give it five stars, thanks.

scarface407
20
scarface407 2024.10.24 12:02 
 

good indicator, love the scan feature!

Heiner G.
515
Heiner G. 2024.10.22 18:26 
 

This indicator makes a decent first impression. I combine it with my SmartMoney Strategy (OB´s & FVG´s). The scanner should help well to find subtle entries and make the work easier.

Bobby Lee Ramadhani
26
Bobby Lee Ramadhani 2024.10.20 11:04 
 

the best indicator so far, i like it

M344
21
M344 2024.10.15 12:49 
 

Very good! easy to understand & work!

TonioV84
51
TonioV84 2024.10.11 20:13 
 

User didn't leave any comment to the rating

Serafin Perez
3200
Serafin Perez 2024.10.09 09:25 
 

User didn't leave any comment to the rating

Khalid Hamdan
811
Khalid Hamdan 2024.10.05 19:04 
 

Great indicator. I would recommend it if this style of trading suits you.

Cheuk Hang Leung
135
Cheuk Hang Leung 2024.09.29 19:58 
 

seem good

agopriarolo
381
agopriarolo 2024.09.27 23:41 
 

I'm studying a strategy on demo accounts, soon to be live, based on support/resistances/breakouts/continuation. Long hours passed in scanning and waiting personally for the patterns to happen and not able to follow more than an handful of pair. So I was searching for a tool to simplify the "fishing", and I was lucky enough to find immediately this one from Elif. I tried a couple of others, I even tried to build mine, but this one is actually top notch. A must have for anyone willing to be profitable. Thank you Elif.

Mausi07
168
Mausi07 2024.09.25 09:07 
 

Wow - I am more than happy with this indicator. I use it at M30, 1H and 4H timeframe. First day 3 excellent signals, 100 % winrate, highly recommended! Thank you Elif!

Lifeseeker_1
44
Lifeseeker_1 2024.09.24 11:43 
 

Useful indicator that make my trading more easier, scanning the market and alert me when trading opportunity.

SUYANTO_SE
194
SUYANTO_SE 2024.09.20 16:03 
 

Amazing indicator that have ability to scan 20 pairs with multiple TFs, generate alert & push notification with detail TP & SL. Moreover, it has good visualization on the chart. Very recommended. Thank you Elif.

Rale Rakovic
43
Rale Rakovic 2024.09.15 07:24 
 

User didn't leave any comment to the rating

Remigijus Radinas
710
Remigijus Radinas 2024.09.11 22:09 
 

tested, and looking positive.

Sekav Ikyernum
84
Sekav Ikyernum 2024.09.06 18:17 
 

User didn't leave any comment to the rating

DecentOne
717
DecentOne 2024.09.06 09:03 
 

After trying about 10 EAs over a long period, this is the BEST YET! Great profitable results and easy to understand.

Rindirisia Okoba
45
Rindirisia Okoba 2024.08.24 18:16 
 

Good indicator. Works well on higher timeframes!

warkat
46
warkat 2024.08.24 02:10 
 

Excellent Indicator with a lot of functionality I would recommend it if this style of trading suits you.

NN
787
NN 2024.08.22 17:58 
 

The "Breakout and Retest Scanner MT4" has completely transformed my manual trading experience. It delivers highly accurate signals, making trading both easier and more profitable. With precise entry and exit points, this tool removes the guesswork from trading. Additionally, the developer regularly updates the product to improve its quality. Thank you very much!

12
Reply to review
Version 1.14 2024.09.10
Fixed message text in alerts
Version 1.12 2024.08.22
Show Bearish/Bullish/Both Patterns option
Version 1.11 2024.08.20
Fixed small issue
Version 1.10 2024.08.17
Sign size option
Version 1.9 2024.08.14
MA method option
Version 1.8 2024.08.10
Only Chart Signal option
Version 1.7 2024.08.10
- MA Filtering option
Version 1.6 2024.08.07
Perfect pattern option - Part 2
Version 1.5 2024.08.05
Add new option: Just Perfect Pattern
Version 1.4 2024.08.04
Fixed push notification
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