Suggestion may be useful/ Breakout and Retest Scanner MT4

[jackson dias]

Description: The breakout and retest strategy trades at support and resistance levels. It involves the price breaking out of a previous level.

The breakout and retest strategy was created to help traders do two main things: the first is to avoid false breakouts. Many false breakouts start with a candle that breaks out of a level, but end with an immediate candle that brings the price back to the level. The second thing the breakout and retest strategy does is help traders confirm a new trend. When the price breaks out of a resistance level and retests it from the other side, it is a clear sign that a new support/resistance level has been formed and a new trend has begun.



https://www.mql5.com/pt/market/product/107093?source=Site+Market+MT4+Indicator+Rating006

NOTE: Don't be selfish, share your experience with this indicator.

 

[death_666]

well its about few days I was checking this indicator , there was not any signal .. very low number of signals ..!! any experiences ?

 

[mario1964]

I agree with you

 

[jackson dias]

well its about few days I was checking this indicator , there was not any signal .. very low number of signals ..!! any experiences ?

Yes, I noticed that scalping is not your strong point, I have been testing it for SwingTrader as shown in the image in h4.

 

[Dexterous]

Even on h4 the signals don't come often