Description
The Simple Breakout Indicator is a powerful price action trading system built on one of the most popular and trusted strategies among traders: the breakout strategy! This indicator provides clear buy and sell signals based on breakouts of key support and resistance zones. Unlike typical breakout indicators, it utilizes advanced calculations to verify breakouts with precision! When a breakout occurs, you will receive instant alerts on your PC, email, or even directly on your phone!
Key Features:
- No Delays, No Repainting – All signals are generated in real-time with no lag and no repainting of past signals!
- Breakout Versatility – Breakouts can occur on any timeframe and any symbol, making this indicator highly flexible and reliable!
- 5 Fibonacci-Based Take Profits – Each signal comes with five different take-profit levels, optimizing your trade management!
- Automated Stop Loss – Stop-loss levels are dynamically calculated based on the current market conditions for optimal risk management!
- Success Rate Dashboard – A built-in dashboard displays the success rate of each symbol, offering valuable insights into the indicator’s past performance and reliability!
- Beautiful User Interface Design – The dashboard features a sleek and intuitive design for easy navigation and a professional trading experience!
- Alert Notifications – Get instant alerts for entry, take profit, and stop loss levels sent directly to your terminal, phone, or email, ensuring seamless trade updates!
Recommended Usage:
- Suitable for any timeframe and any symbol.
- Personally, we use this indicator on XAUUSD (Gold) with M1, M5, and M15 timeframes!
Ideal for:
- Breakout traders who rely on precise entry signals.
- Scalpers and intraday traders looking for high-probability breakout trades.
- Traders who prioritize risk management and success rate analysis.
