The Breakout Zones Indicator MT5 (MetaTrader 5) detects compelling zones on the chart for potential buy/sell opportunities through breakout entry signals. This indicator is displayed in the primary chart window, appearing as two horizontal lines that serve as reference points for initiating breakout trades, whether for buying or selling. This forex MT5 indicator is available…
Tag: breakout indicators
Breakout Box Indicator MT4
The Breakout Box Indicator MT4 (MetaTrader 4) is a renowned forex trading tool designed to detect and delineate essential support and resistance levels on your chart. This powerful forex indicator operates by meticulously analyzing price charts and skillfully drawing boxes around significant points of support and resistance. It’s a perfect choice for traders seeking to…
Breakout Bars Trend Indicator MT5
The Breakout Bars Trend Indicator MT5 (MetaTrader 5) was created as a streamlined alternative to Moving Averages, aiming to precisely identify trend directions. This innovative indicator combines elements of the iMovment indicator and a linear reversal, resulting in a unique fusion approach. This forex MT5 indicator is available for free download. Breakout Bars Trend Indicator…
TOP Ultimate Breakout Indicator MT4
The TOP Ultimate Breakout Indicator MT4 (MetaTrader 4) is a simple yet effective system designed to identify breakout signals for both buy and sell trades in the forex market. It assists traders in determining the best entry and exit points by highlighting breakout levels for trade initiation and profit target attainment. This forex MT4 indicator…
Breakout Trading Indicator MT4
The Breakout Trading Indicator MT4 stands out as a preferred option for those engaged in breakout trading. This remarkable tool effectively identifies daily, weekly, and monthly price levels where breakouts occur. It proves particularly advantageous for individuals involved in forex and stocks trading. Free download is available. Sounds interesting? Let’s take a closer look at…
Momentum Pinball Indicator MT4
The Momentum Pinball Indicator MT4 generates forex trading signals by utilizing a combination of the Relative Strength Index (RSI) and the Rate of Change (ROC), thereby analyzing oversold and overbought conditions as well as momentum. Free download is available. Sounds interesting? Let’s take a closer look at it. Momentum Pinball Indicator: Introduction MT4 Indicator Overview…
Simple ZZ Consolidation Zones Indicator MT5
The Simple ZZ Consolidation Zones Indicator MT5 is a technical indicator created with the aim of assisting traders in swiftly identifying compact market consolidation zones. These consolidation phases offer abundant trading opportunities to knowledgeable traders who can effectively identify consolidations and the indicator serves as a valuable tool in recognizing these favorable conditions. Free download…
Hikkake Pattern Indicator MT5
The Hikkake Pattern Indicator MT5, alternatively known as the Inside Day False Breakout, is a trading strategy centered around deceptive breakouts. Free download is available. Sounds interesting? Let’s take a closer look at it. Hikkake Pattern Indicator: Introduction MT5 Indicator Overview The download link of the Hikkake Pattern MT5 indicator is placed at the bottom…
Breakout Pattern Indicator MT4
The Breakout Pattern Indicator MT4 is a straightforward forex indicator that signals market breakouts. The indicator displays open triangles that indicate the breakout, and they come in two colors: blue and red. A blue triangle appears during an uptrend, while a red triangle appears during a downtrend. This pattern has proven to be highly effective…
Guppy Multiple Moving Averages Indicator MT4
The Guppy Multiple Moving Averages (GMMA) Indicator for MT4 is a forex technical indicator that exploits moving average ribbons in the context of potential price breakouts of a currency pair. It was originally introduced by an Australian trader named Daryl Guppy, hence, the name of that tool. There are 13 Exponential Moving Averages (EMAs) to…
