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Breakout Lines MT5

5

The Breakout Line in technical analysis serves as a crucial tool for understanding market dynamics and potential shifts in price direction. It's designed to highlight rapid accelerations or declines in the market's trajectory.

  1. Unconventional Analysis: The Breakout Line is not your typical technical indicator; it's tailored to capture swift market movements, offering a unique perspective on price trends.

  2. Angle of the Breakout Line: The sharper the angle formed by the Breakout Line, the stronger the indication of rapid market movements in that direction. This suggests that a steep incline or decline in the Breakout Line reflects a high potential for the market to rally or decline swiftly in the corresponding direction.

  3. Cyclical Boundaries: The Breakout Line delineates the cyclical boundaries of price movements, indicating critical pressure points in the market. When the price approaches or breaks through this line, it signifies a pivotal moment where significant market shifts could occur.

  4. Breaking the Line: As implied by its name, breaking the Breakout Line suggests a high likelihood of rapid market movements. This breach indicates a potential turning point in the market's trajectory, with increased momentum towards the direction of the breakout.

In summary, the Breakout Line provides traders and analysts with insights into market dynamics, offering cues about potential rapid movements and critical points of price pressure.


Parameters

  • Count Of Candles After Line Formation: 20 (increase this value if you want to receive signals past 20 candles after the creation of the breakout line. However this is not recommended as it can be considered "late" in the trend. The most powerful signals are generated within the first 20 candles!
  • Sound Alert: On/Off (triggers sound alert on new signal)
  • Sound File Name: alert.wav
  • Mobile Push Notification: True/False
  • Send Email Notification: True/False
  • Pop-Up Alert: True/False
  • Bullish Line Color: LimeGreen
  • Bearish Line Color: Crimson


Avis 1
KAESER513
135
KAESER513 2024.06.12 20:04 
 

Invaluable tool in deciphering not only where price is heading to short term, but also where market is going as a whole (especially if you pair it with multiple timeframes). It is way more than it looks. When you grow your understanding of market cycles and Martin Armstrong's technical analysis, this will be a gem. (I recommend pairing it with his Trap Play indicator as it will help with finding perfect entry)

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Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (12)
Indicateurs
Matrix Arrow Indicator MT5   est une tendance unique 10 en 1 suivant un indicateur multi-période   100% non repeint   qui peut être utilisé sur tous les symboles/instruments:   forex ,   matières premières ,   crypto-monnaies ,   indices ,  actions .  Matrix Arrow Indicator MT5  déterminera la tendance actuelle à ses débuts, en rassemblant des informations et des données à partir d'un maximum de 10 indicateurs standard, qui sont: Indice de mouvement directionnel moyen (ADX) Indice de canal de m
IX Power MT5
Daniel Stein
4.17 (6)
Indicateurs
IX Power   apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez   analyser tout ce que   votre terminal a à offrir. Essayez-le et découvrez comment   votre timing s'améliore considérablement   lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Indicateurs
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
The 1 2 3 Pattern Scanner MT5
Reza Aghajanpour
5 (18)
Indicateurs
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
Stratos Pali mt5
Michela Russo
5 (1)
Indicateurs
Stratos Pali Indicator is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost ! Do
Blahtech Market Profile MT5
Blahtech Limited
5 (9)
Indicateurs
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Indicateurs
Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
FX Volume MT5
Daniel Stein
4.93 (14)
Indicateurs
Obtenez votre mise à jour quotidienne du marché avec des détails et des captures d'écran via notre Morning Briefing ici sur mql5 et sur Telegram ! FX Volume est le PREMIER et SEUL indicateur de volume qui fournit un VRAI aperçu du sentiment du marché du point de vue d'un courtier. Il fournit des informations impressionnantes sur la façon dont les acteurs institutionnels du marché, comme les courtiers, sont positionnés sur le marché des changes, bien plus rapidement que les rapports COT. Voir c
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3 (5)
Indicateurs
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
XQ Indicator MetaTrader 5
Marzena Maria Szmit
3 (2)
Indicateurs
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Noize Absorption Index
Ekaterina Saltykova
Indicateurs
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
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The Trap Play MT5
Carl Gustav Johan Ekstrom
5 (1)
Indicateurs
Trap Play  refers to a market situation where price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often results in a rapid exit of positions, leading to significant price movement in the opposite direction.  Trap plays  can occur in various financial markets and timeframes and are characterized
Martin Armstrong Cycles
Carl Gustav Johan Ekstrom
5 (2)
Indicateurs
Martin Armstrong Cycles employs an unconventional form of technical analysis on your charts aimed at capturing market angles, swift market movements, price reversals, and early trend shifts. I strongly advise all traders to integrate cyclical analysis into their charting methods, as it unveils the inherent rhythms of markets. Every element in the universe follows a cycle, and so does price! Analytical Benefits of Cyclical Analysis The angle of the cycle provides a roadmap for anticipating fu
Trading Cycle Array MT5
Carl Gustav Johan Ekstrom
5 (1)
Indicateurs
I'm excited to introduce you to the fifth bar on   Martin Armstrong's  Forecast Array - The Trading Cycle . This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends. The model employs a color-coded system for easy interpretation. In this model, green signals the ideal timing for highs, red indicates ideal lows, and yellow signifies a convergence of highs and lows occurring simultaneously. This intuitive approach allows
MIDAS Trading Tools
Carl Gustav Johan Ekstrom
4.92 (12)
Indicateurs
The introduction of the MIDAS Trading Tools indicator represents the culmination of my trading expertise and innovative application. By incorporating new concepts and collaborating with fellow traders like Robert Young (US), we have enriched and enhanced this indicator. In the sections below, you'll find detailed descriptions of the variables comprising this indicator. MIDAS which is an acronym for Market Interpretation/Data Analysis System is the innovative work of the late technical analyst P
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KAESER513
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KAESER513 2024.06.12 20:04 
 

Invaluable tool in deciphering not only where price is heading to short term, but also where market is going as a whole (especially if you pair it with multiple timeframes). It is way more than it looks. When you grow your understanding of market cycles and Martin Armstrong's technical analysis, this will be a gem. (I recommend pairing it with his Trap Play indicator as it will help with finding perfect entry)

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Version 1.10 2024.04.19
Enhancements to visual appearance.