Technical Indicators for MetaTrader 5

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MetaTrader 5

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PipFinite Breakout Analyzer MT5

pipfinite-breakout-analyzer-mt5-logo-200x200-7622
88 $66 $

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Information

Indicators
MetaTrader 5
Karlo Wilson Vendiola
10.0
5

Overview

The Breakout Indicator That Has Been Proven & Tested!

Breakout Analyzer uses an advanced algorithm based on high probability price patterns.

Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups.


Bonus Strategy 1

Breakout Analyzer with Volume Critical


Bonus Strategy 2

Breakout Analyzer with Strength Meter

Features

  • Universal compatibility to different trading systems
  • Analyzes statistics of breakout signals to forecast possible targets
    • Average Breakout - Average profit that can be achieved from the max profit of past signals
      • Can be used as approximate target for next breakout signal
      • Can be used as target for trend trading systems
    • Short Term Breakout = Average profit of signals below the Average Breakout
      • Can be used as target for scalps
      • Can be used as target for counter trend trades
  • Multiple Signals
    • Gives many opportunities to enter a trade
    • Gives many possibilities to filter out signals from other indicators
  • Exit Strategy
    • Support/Resistance Areas
    • Statistical data
      • Exit trades once profit reaches the "Average Breakout"
      • Partially close trades when profit reaches the "Short Term Breakout"
    • We can use Exit Scope as alternate exit strategy
  • Recommended Settings
    • Period = 4 on H4 & Higher timeframe
    • Period = 5 on H1 timeframe
    • Period = 6 on M15 timeframe
    • Period = 7 on M5 & Lower timeframe
  • Never repaints
  • Never backpaints
  • Never recalculates
  • Signals strictly on the "Close of the bar"
  • Works in ALL pairs & Timeframes
  • Compatible with Expert Advisor development


Video References

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