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Breakout Range

This is a simple and efficient indicator based on market logic. The indicator creates a range chosen by a trader.

Trader selects only two parameters.

The first one is the number of candles that define the frame.

The second one is the number of candles needed for confirmation frame.

The indicator shows all situations in history and works with the actual movement of the market.

The indicator works on all timeframes. You are not limited by use of different timeframes, the indicator is able to adapt. On the screenshots, you can see basic settings.


Example setting

1; 1

This is actually an Inside Bar.

1 main candle, 1 candle must be inside the previous one. Simple...


Parameters

  • StartCandles - number of candles which create an imaginary frame (size)
  • NextCandles - number of candles which have to be inside the imaginary frame that is created from "start candles"
  • Tolerance - tolerance in points
  • TolerancePerc - tolerance in percent from the frame
  • MinRange - minimal size of the frame
  • MaxRange - maximum size of the frame
  • AdjustRange - enlarging the frame (next candles can mildly intersect the imaginary frame by chosen tolerance and thanks to Adjust Range, the size of the frame will increase by degree of intersection)
  • MultiRange - possibility of more frames drawn into each other
  • Start/Next Range Color - color
  • ShowAlarm - true/false
  • AlarmDistance - how many points after the intersection of range the alarm sounds
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4.55 (47)
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
Smart Ai Levels  Accumulation & Distribution indicator Smart Ai Levels are Ai controlled indicator which is based on Wyckoff Price cycle theory . It automatically scans the Accumulation & Distribution phases on chart and Ai draws the possible areas before Mark up and Mark down which acts as hot zones and can be traded with confirmation to catch those big price movements . It's a great tool for both Reversal and Breakout Trades suitable to all Trading Styles such as Scalping - Intraday - Swing 
Gold Venamax   - c'est le meilleur indicateur technique boursier. L'algorithme de l'indicateur analyse l'évolution des prix d'un actif et reflète la volatilité et les zones d'entrée potentielles. Caractéristiques de l'indicateur: Il s'agit d'un super indicateur avec Magic et deux blocs de flèches de tendance pour un trading confortable et rentable. Le bouton rouge pour changer de bloc est affiché sur le graphique. La magie est définie dans les paramètres de l'indicateur, afin que vous puiss
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A new way of managing your trades – efficiently, automatically and with no emotions. Control various markets and manage many different trades at one moment. Grasp your competitive advantage and ultimately find out what profitable trading looks like! Trademanager is a piece of software developed for MT4 platforms. This tool enables you to completely set up all parameters for many different trades on many different markets – at one time and with no emotions as psychological obstacles. Must-need to
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Version 1.30 2021.11.22
New version 2021
Version 1.10 2016.11.02
We added description warnings about the risks into the tool.
We added an alert in case of break through the frame.