Easy Breakout Indicator (Free Download)
Easy Breakout Indicator is a no-lag, no-repaint trading tool that delivers real-time buy and sell signals based on validated breakouts from key support and resistance zones, complete with automatic stop loss calculation and five Fibonacci-based take profit levels.
Easy Breakout is a powerful trading indicator that delivers clear buy and sell signals based on breakouts from key support and resistance zones. It uses advanced calculations to validate breakouts with precision while providing instant alerts to your PC, email, or phone.
Overview
Mohamed Hassan, a seasoned MQL5 developer with over 3 years of experience, created Easy Breakout with one goal: to harness the power of breakout trading strategies in a reliable, user-friendly tool.
The vision behind Easy Breakout was to create an indicator that eliminates common problems you face – such as lagging signals and repainting – while providing comprehensive risk management tools through intelligent stop loss and take profit calculations.
How It Works
Easy Breakout operates on a straightforward principle: it identifies key support and resistance zones in the market and generates clear signals when price breaks out from these levels.
Unlike average breakout indicators that might generate numerous false signals, Easy Breakout employs advanced calculations to validate each breakout, ensuring you only receive high-quality trading signals. When a valid breakout occurs, the indicator generates a buy or sell signal complete with entry price, dynamically calculated stop loss, and five different take profit levels based on Fibonacci ratios.
The dashboard component provides additional value by displaying the success rate for each symbol, giving you valuable insights into historical performance. This data-driven approach helps you make more informed trading decisions based on proven results.
Key Features
- No Lag and No Repainting: All signals are delivered in real-time with no lag, and past signals never change, ensuring reliable trading data
- Universal Compatibility: Works on any timeframe and with any symbol, but it’s recommended for XAUUSD (gold) on the M1, M5, and M15 timeframes
- Multiple Take Profit Levels: Each signal automatically includes 5 different take profit targets based on Fibonacci calculations to maximize profit potential
- Dynamic Stop Loss Calculation: Stop losses are automatically calculated based on current market conditions for optimal risk management
- Performance Dashboard: View the success rate of each symbol, giving you valuable insights into the indicator’s past performance and reliability
- User-Friendly Interface: Features a sleek, intuitive dashboard design for effortless navigation and a professional trading experience
- Instant Alerts: Receive notifications with entry, take profit, and stop loss levels directly to your terminal, phone, or email
The download package of the product includes:
- Indicators: Easy Breakout_fix.ex4
- User Manual
- Installation Guide from forex-hacked.com
Conclusion
Easy Breakout Indicator is a game-changing tool for those who rely on price action strategies. By providing real-time, validated breakout signals complete with comprehensive risk management features, it helps traders capitalize on market movements with confidence and precision.
Contact me: trent@trentbaxter.com
Hii this indicator works good. Can you recommend some good settings for gold?
Hello! According to the tests, the best results were on M15 timeframe just like on my screenshots. Hope it helps!
This indicator is really effective and i am very impressed. gives good profits.
Hi Trent, i experience many problems with my gmt, server time local time and the time eas are programmed to see, don’t even get me started with how it reads news times, is this set to gmt 0 ?