Super Breakout Entry (Free Download)
The Super Breakout Entry Indicator for MetaTrader 4 is a precision breakout detection tool that combines ZigZag pattern analysis with retracement filtering to identify high-probability momentum entries. This non-repainting indicator features dynamic visualization, adjustable sensitivity, and specialized noise filtering to help traders capture genuine breakouts while avoiding false signals.
Regular Price: $189
Super Breakout Entry Indicator for MetaTrader 4 is a specialized trading tool designed to help you capture high-probability breakout opportunities in the forex market. This custom indicator combines advanced ZigZag pattern analysis with smart retracement filtering to identify the most promising breakout zones while filtering out false signals and market noise.
Built specifically for momentum and breakout traders, this indicator excels at pinpointing precise entry points when prices break through important support and resistance levels. It’s particularly effective for those who use range bar charts or focus on price action setups, offering clear visual signals that help time entries with exceptional accuracy.
How It Works
Super Breakout Entry Indicator operates using a two-step process that combines structure detection with intelligent filtering. First, it uses ZigZag-based analysis to identify important price structures, marking significant highs and lows that form key support and resistance levels on your charts.
The second step involves applying retracement filter logic to these identified levels. The indicator doesn’t signal every time price touches a level – instead, it waits for specific conditions that suggest a genuine breakout is occurring. When price breaches a filtered retracement range with sufficient momentum, the indicator marks it as a potential breakout entry point.
The visual system is straightforward and easy to interpret. The indicator displays horizontal lines that represent key price levels, with different colors indicating different types of signals. Red lines represent resistance levels, while blue lines show support areas. When breakout conditions are met, the indicator displays dots and arrows to signal potential entry points.
Blue dots and arrows indicate potential bullish breakout opportunities, suggesting it might be time to consider long positions. Red dots and arrows signal bearish breakout setups, indicating possible short entry opportunities. This color-coded system helps you quickly identify the direction and timing of potential trades.
Key Features
- ZigZag-Based Structure Detection: Uses advanced ZigZag pattern analysis to identify genuine price structures and filter out minor fluctuations that don’t represent meaningful market moves.
- Retracement Filter Logic: Employs intelligent filtering to distinguish between valid breakouts and false signals, significantly improving the quality of trading opportunities.
- Non-Repainting Technology: The indicator maintains signal integrity by not repainting historical signals, allowing for reliable backtesting and consistent real-time performance.
- Dynamic Breakout Visualization: Provides clear visual representation of breakout zones with horizontal lines and directional signals, making it easy to spot opportunities at a glance.
- Noise Filtering: The combination of ZigZag analysis and retracement logic effectively filters out market noise, focusing attention on high-probability setups.
- Momentum Entry Capture: Specifically designed to capture momentum entries, making it ideal for traders who want to ride strong price movements.
- Universal Market Application: While optimized for forex, the indicator’s logic can be applied across different financial markets and timeframes.
The download package of the product includes:
- Indicators: Super Breakout Entry Indicator.ex4
- Installation Guide from forex-hacked.com
Conclusion
The Super Breakout Entry Indicator represents a sophisticated solution for those who specialize in breakout and momentum strategies. Its combination of ZigZag-based structure detection and intelligent retracement filtering creates a powerful tool that can significantly improve the quality of breakout signals while reducing false entries.
The indicator’s strength lies in its ability to distinguish between genuine breakouts and market noise, a critical skill that many traders struggle to develop manually. By automating this analysis, the indicator allows you to focus on execution and risk management rather than spending time analyzing every potential breakout setup.
Contact me: trent@trentbaxter.com
I have tested many indicators, especially for breakout strategy. This one is by far the best!