Breakout Sniper

New Indicator for MT4

Breakout Sniper

 

Breakout Sniper draws trendlines by using improved fractals and plots the breakout and reversal points.

 

NO REPAINTS

By using the Multi-Period and Multi Timeframe

– Easily identify the potential reversal and breakout levels.

– Plot the patterns like triangles, head and shoulders, wedge patterns, cup and handle patterns etc.

– Indicator draws arrows only when a breakout happens.

– You can see the uncompleted/forming trendlines as well.

INPUTS:

Signal Mode: After Close ( Puts Arrow after the candle closing above/below the trendline )

Instant (  Puts Arrow as soon as the price breaks above/below the trendline )

Time Frame 1: Choose the TF

Fractal Period: Enter the period for the chosen TF

Time Frame 2:  Choose the TF

Fractal Period:   Enter the period for the chosen TF

Time Frame 3:   Choose the TF

Fractal Period:   Enter the period for the chosen TF

*** If you would like to see only one TF and one period, set the others the same as the first one.

Colors :

* Chose the colors of the Completed Trendlines.

* Colors 1 … For the first TF and Period

* Colors 2 … For the second TF and Period

* Colors 3… For the third TF and Period.

NOTES

  • Colours of the uncompleted lines are set NONE as a default. Chose a colour if you would like to see the uncompleted/forming lines.
  • If there are the same trendlines in different TF and/or Periods, the colour of the bigger TF/Period is shown on the chart.
  • To test the bigger timeframes on strategy tester, the more history must be loaded.

BUY AND VIEW BREAKOUT SNIPER ON MQL5.COM

Buy Breakout Sniper customer indicator in the store selling algo trading systems

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