Support Resistance Breakout Arrows Indicator
0,00 €
Support Resistance Breakout Arrows MT5 – an indicator designed for intraday forex traders utilizing a breakout strategy. It generates buy and sell signals based on fractals, CCI, and RSI.
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The Support Resistance Breakout Arrows indicator is designed for those engaging in intraday forex trading, specifically those who implement a breakout strategy. This tool is useful because it merges Fractals, CCI, and RSI, ultimately producing dependable BUY and SELL arrow signals. Further enhancing its usefulness, the indicator automatically finds and displays crucial support and resistance levels. This empowers traders to fine-tune their positions during periods of significant market trends.
A major benefit of this Metatrader 5 indicator is its characteristic of non-repainting signals. Once displayed, the arrows and identified support/resistance levels remain constant.
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Key Features:
- Profitability up to 500% per year
- Minimum deposit to start: $100 or more
- Timeframe for trading: M15
- Trading time: 24 hours a day
- Assets for trading: Any
Trading Signals & Chart Display
The image presents an H1 GBPUSD chart showing how the Support Resistance Breakout Arrows indicator provides trading signals and illustrates support and resistance boundaries.
- BUY signals are indicated with BLUE arrows, while
- SELL signals are visualized using MAGENTA arrows.
- Support areas are signified in BLUE, and
- Resistance areas are distinguished in RED.
Traders should open BUY positions whenever a BLUE arrow materializes. If the prevailing trend features repeated BUY signals, traders have the flexibility to increase their position size and conclude these when the opposing signal is presented. Conversely, SELL positions are initiated upon the emergence of MAGENTA arrows on the chart.
In contrast to indicators centered around pivot levels, this tool computes optimal support and resistance zones through the employment of Fractals, CCI, and RSI. Users gain the ability to adjust settings, allowing them to screen signals utilizing CCI and RSI overbought/oversold thresholds.
Advantages of Utilizing This Indicator:
- Automatic Identification of Significant Support & Resistance Zones – An invaluable asset for traders of all proficiencies.
- Applicable Across All Timeframes – Accommodates both intraday traders, and long-term investors examining H4, Daily, and Weekly charts.
- No Repainting Feature – Assures the precision and dependability of trading signals.
- Supports Multi-Timeframe (MTF) Tactics – Experienced traders can improve their methods utilizing trend-oriented signal modifications.
Summary
The Support Resistance Breakout Arrows indicator designed for MT5 is an effective tool, automating the identification of support and resistance areas. Including CCI and RSI filters permits traders to stay synchronized with the existing market trend.
To optimize trading outcomes, the fusion of trading signals, breakout levels, and price action analysis will contribute towards more stable and successful trades. Significantly, the indicator is available free of charge and is easily integrated into MetaTrader 5.
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Instant delivery after purchase
This digital product is delivered to the user's email instantly. You will receive an email with a download link immediately after your payment is confirmed.
