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Clear Breakout

99 USD

Demo downloaded: 14

Published: 10 June 2024

Current version: 1.2

Clear Breakout

Indicators
Martin Alejandro Bamonte
Version: 1.2
Updated: 22 August 2024
Activations: 10

The "Breakout Buy-Sell" indicator is designed to identify and highlight potential buy and sell opportunities based on price breakouts during different market sessions (Tokyo, London, and New York). This indicator helps traders clearly visualize buy and sell zones, as well as take-profit (TP) and stop-loss (SL) levels.

Usage Strategy

The indicator can be used as follows:

Initial Setup: Select the market session and adjust the GMT offset.
Market Visualization: Observe the breakout boxes drawn at the beginning of each session. These boxes indicate the highs and lows of the period.
Buy and Sell Signals: A breakout above the box's high is considered a buy signal. A breakout below the box's low is considered a sell signal.
Risk Management: Use the TP1, TP2, TP3, and SL levels to manage positions. TP levels are designed for different profit targets, while SL ensures protection against adverse movements.

Application Strategy

To maximize the use of this indicator, the following strategy is recommended:

London Session: Select the London session and adjust the GMT offset according to your broker's location.
Objective Setting: Define TP and SL based on current market volatility or allow the specific recommendations for each pair.
Active Monitoring: Watch the breakout boxes and wait for buy or sell signals according to market conditions.
Alert Management: Set up alerts to be notified when the price reaches key levels, so you don't have to constantly monitor the chart.

Explanation of External Parameters

Margin: The pip space added to the breakout levels to establish buy and sell zones.
TP1, TP2, TP3: Take-profit levels 1, 2, and 3, respectively.
SL: Standard stop-loss level.
Auto_SL: If enabled, automatically adjusts the SL based on the currency pair.
iSession: Market session selection (1=Asia, 2=London, 3=New York).
GMT_Offset: GMT time offset adjustment.
UK_DST, US_DST: Daylight saving time settings for the UK and US.
NumberOfDays, iMaxNoOfDays: Number of days to consider for calculation and visualization.
SL_GU, SL_GJ, SL_EU, SL_EJ, SL_GBPCHF, SL_USDCHF: Specific SL values for different currency pairs.
ChartHasBlkBgd: Indicates if the chart has a black background to adjust text and object colors.
BoxColor, TradingBoxColor: Colors of the breakout and trading boxes.
Pop_Up_Box: Enable or disable popup alerts.
Alert_Time_Out: Duration of alerts in seconds.
Alert_On_TP1, Alert_on: Enable alerts when TP levels or breakouts are reached.

The "Breakout Buy-Sell" indicator is a powerful tool for identifying trading opportunities based on price breakouts during different market sessions. Its flexible configuration and customizable alerts make it suitable for traders looking to take advantage of daily market fluctuations without constantly monitoring the chart.

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5127

lauro1956 2024.08.21 16:30 #

Fantastic Box Indicator It is not enough to just put a box and if it goes up you buy and if it goes down you sell.

This indicator takes into account the London, Asian, New York sessions... it is well worked...

It makes TP and SL easier for you in your own way

very good indicator

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GBPUSD Pip Hunter EA Key Features: Optimized for GBPUSD on M15 Timeframe : Specifically designed and tested for the GBPUSD pair on a 15-minute chart. Minimum Recommended Account Size : Requires a minimum account balance of $1000 to ensure low drawdowns. Spread Compatibility : Best used with low spread or ECN accounts to maximize profitability. Risk Management : Includes an option to disable the Exponential Lot feature by setting it to 1.0, based on your trading needs. Customizable Parameters : O

300 USD

The MTFMA (Multi-Timeframe Moving Averages) indicator uses multiple moving averages (MAs) across different timeframes to provide buy and sell signals (which do not repaint) in a separate window from the main chart. It is versatile and easy to interpret, suitable for both scalping on smaller timeframes and long-term trading on larger timeframes. Why is it Multiframe? The term multiframe refers to the indicator's ability to use and combine data from multiple timeframes. The MTFMA calculates and di

89 USD

The "GoTrend Multi-Timeframe" indicator is an essential tool for traders looking for a quick and efficient way to assess the overall and specific trends of a currency pair across different timeframes. This indicator allows traders to gain a clear and comprehensive view of market direction at a glance, optimizing decision-making and enhancing the effectiveness of their trading strategies. Main Features: Multi-Timeframe Analysis: This indicator provides an exhaustive analysis of six different

99 USD

Gold Vertex EA is a reliable and stable option for those looking to automate their trading in the gold market. With a robust system based on one of the most effective indicators and a solid trend-following strategy, Gold Vertex EA is a powerful tool for traders who want precise, worry-free trading. Requirements Platform : MetaTrader 4 Supported Instruments : Specifically developed and configured for Gold (XAUUSD) Recommended Account Type : ECN or low spread Minimum Deposit Recommended : $100 Tim

155 USD

I nferno Signals EA is designed to capitalize on significant market movements, operating on the solid M30 timeframe. It is ideal for those looking to start with a small initial investment, beginning with as little as $100 per pair, featuring automatic capital management that includes dynamic lot adjustments and safety levels such as Stop-Loss (SL) With low drawdown and a strategy focused on capturing the best opportunities, Inferno Signals EA aims to maximize returns without compromising the

399 USD

The MarketPrice Indicator is designed to provide a quick, one-glance visualization of the trend direction for a currency pair across all time frames (Time Frames), streamlining decision-making. MarketPrice Indicator is based on daily levels and trading signals derived from moving average crossovers and market strength according to various technical indicators. It comes fully configured, though you can, of course, modify any parameters as desired. Indicator Logic The indicator uses a combination

30 USD

Hit Rate Top Bottom Signal Hit Rate Top Bottom Signal Hit Rate Top Bottom Signal offers a completely innovative approach. It's ideal for those who want to evaluate beforehand how the signal performs with a specific TP-SL and in which PAIRS/TFs it performs best. The Hit Rate Top Bottom Signal strategy is a fundamental tool for any trader and any type of trading because it not only emits precise, non-repainting signals , clearly indicating when and in which direction to trade, but also keeps a det

599 USD

User Guide for Candle Probability Scalper This indicator makes scalping easy and 100% intuitive. Candle Probability Scalper will show you at a glance the strength percentages of buyers and sellers in REAL TIME , and on the current candle. The percentages update with every tick, which means that second by second, you'll know what most buyers and sellers are doing without any delay. This will greatly help you determine or confirm the strength of each side, and therefore where the price might move.

60 USD

The Last 50 Pips indicator is designed to quickly identify buying and selling opportunities based on recent price behavior. It measures price changes in the last candles to highlight in yellow moments when the price may be changing direction. Buy signal: You should open a BUY position when the indicator changes from RED to YELLOW , suggesting a change from a downtrend to an uptrend. Please refer to the images to see how easy it is. Sell signal: You should open a SELL position when the indica

39 USD

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lauro1956 2024.08.21 16:30 #

Fantastic Box Indicator It is not enough to just put a box and if it goes up you buy and if it goes down you sell.

This indicator takes into account the London, Asian, New York sessions... it is well worked...

It makes TP and SL easier for you in your own way

very good indicator

Version 1.2 2024.08.22

Version 1.2: Added and corrected the Profit Target 4 (TP4) lines and zones for both buy and sell zones, ensuring proper display on the chart and in the data window. Updated zone colors to match those of the other TP zones.

Version 1.1 2024.08.21

V 1.1: In response to user requests, a fourth Take Profit level (TP4) has been implemented in the indicator. This update allows users to define and visualize an additional profit target, enhancing flexibility and precision in trade management.