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Hidden Breakout Power

Hidden Breakout Power

 

The market has a cycle, keeps on moving from: RANGE -> BREAKOUT -> TREND ->CONSOLIDATION ->RANGE

RANGE and TREND The two major states, while the BREAKOUT refer to the short period of market breaking the range, CONSOLIDATION refer to the long consolidation of market and shrink to range. Usually oscillatory indicator performs well in RANGE states and perform poorly in trend state, while TREND indicator is the other way around, it performs will in a TREND states and but poorly in RANGE states. Therefore, identifying market states is the key to success. Overall, the BREAKOUT of market is the most dangerous and result many account explosions. Because it happens in a very short period, breakout-trader feel difficult to catch this exciting moment.

Main features

Hidden Breakout Power is a simple indicator designed to detect the market BREAKOUT. As its name, it measures the hidden power outside of the market and shown in red histogram while its value increase. When the value is high, it indicates high power is hidden outside of market and the market is ready to breakout. When the value is low, it means most of market power is within the market, long and short power are fighting each other, therefore low value does not mean low volatility of market, while high value confirms the future breakout is coming soon.

It performs will in H1 and H4 time frame.

Parameter

There is only one parameter, period, which you can choose to detect the time period for hidden power.

Recommended trading strategy

·         Select those products has large fluctuation and strong trend character, e.g. GBPUSD, USDCAD, NASDAQ, OIL, etc

·         Apply the indicator to H1 or H4 chart for any product.

·         When this histogram is shown in low value and white, do not trade, just wait patiently

·         When the histogram turns red, and its value increase , get ready for breakout strategy

·         When the histogram continues increase for long period, check your financial event calendar to confirm the event and place stop order on both side of the market

·         When the market breakout, the indicator will quickly turn to low value and white, you make close order.

·         Low value may also indicators the trend, 50% chance, it also may be large fluctuation, watch out carefully.

Please give your valuable feed back for me to improve the indicator.


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The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
MTF Supply Demand Zones
Georgios Kalomoiropoulos
4.83 (23)
Próxima generación de zonas de oferta y demanda automatizadas. Algoritmo nuevo e innovador que funciona en cualquier gráfico. Todas las zonas se crean dinámicamente de acuerdo con la acción del precio del mercado. DOS TIPOS DE ALERTAS --> 1)CUANDO EL PRECIO LLEGA A UNA ZONA 2)CUANDO SE FORMA UNA NUEVA ZONA No obtienes un indicador inútil más. Obtiene una estrategia comercial completa con resultados probados.     Nuevas características:     Alertas cuando el precio llega a la z
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
TrendMaestro
Stefano Frisetti
5 (3)
note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a
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Trend Code
Ning Liu
4 (1)
Trend Code (v2.0) Trend Code is a very simple and yet effective trend indicator to capture trend movement, detect the trend reversal, calculate entry price as well as proper stop loss. Trend Code indicator is made up of a series of block, while bull trend block in bull colour and bear block in bear trend colour. For bull trend block, the TrendOpen is the lower edge, TrendClose is the upper edge, for bear trend block, the other way round. Parameters: TrendOpenAdjustment   = 0.8, (range 0~1.0) Tr
Divergence Range Divergence Range is a very simple and yet effective indicator that calculate the price divergence range from a standard moving average indicator. The indicator has two groups of line, three lines, upper1, upper2, upper3 above a standard moving average and three lines below, lower1, lower2, lower3, which shows the divergence range for the price movement from the standard moving average. The two out most line virtually covers more than 95% of the price movement from the standard m
Real Time Currency Strength We present a simple and effective indicator of currency strength, which give you the overview of the market situation. The indicator displays strength of eight major currencies and can be viewed in a single indicator window. Main features This is a real-time currency strength based on a pool of eight most liquidate major currencies. That means, for every moment of time, the strength of the currency is related to the pool of eight currency as whole at that moment. Ther
Realtime Stop Hunting Background What Is Stop Hunting? I refer to the definition of Stop Hunting from Investopedia, Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and can present a unique opportunity for investors who seek to trade in this environment. Setting up the
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