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ACB Breakout Arrows

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The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. 

MT5 Version is available here https://www.mql5.com/en/market/product/23373

MT5 Version is available here https://www.mql5.com/en/market/product/23373

  • Stoploss and Take Profit levels are provided by the indicator.
  • Comes with a MTF Scanner dashboard which tracks the breakout signals across all the time-frames.
  • Suitable for Day Traders, Swing Traders, and Scalpers.
  • Optimized algorithm to increase the accuracy of signals.
  • Special level to facilitate the Breakeven move or scalping target(Quick Profit Line).
  • Performance analysis metrics such as win/loss, success rate, avg. profit etc.
  • No Repaint.

– Use ACB Trade Filter indicator to filter out the low probability trades.

  • Strong Buy: Up Arrow Green Histogram Bullish Trend.
  • Strong Sell: Down Arrow Red Histogram Bearish Trend.
  • Avoid a trade if the histogram is Gray and Trend is Sideways.


(optional) – 
Use KT Support and Resistance Levels to avoid trade entry around a significant support/resistance level. Such trade entries can immediately turn negative and lead to unnecessary losses. 

“The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder

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– Use ACB Trade Filter indicator to filter out the low probability trades.

– Use ACB Trade Filter indicator to filter out the low probability trades.

  • Strong Buy: Up Arrow Green Histogram Bullish Trend.
  • Strong Sell: Down Arrow Red Histogram Bearish Trend.
  • Avoid a trade if the histogram is Gray and Trend is Sideways.


(optional) – 
Use KT Support and Resistance Levels to avoid trade entry around a significant support/resistance level. Such trade entries can immediately turn negative and lead to unnecessary losses. 

“The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder

  • History Bars: Number of bars to consider for Indicator’s calculation.
  • Signal Sensitivity: Choose the Arrow’s Sensitivity (signal strength).
  • Bars for SL: Numbers of bars to consider for Stop loss calculation.
  • Show Target Lines: Show/hide the SL, TP and Quick profit levels on the chart.
  • Performance Analysis: Show/hide the performance analysis elements included the profit trend line for each signal.
  • Alert Settings: Display box, Email, Push notifications and Sound alerts are available.

double Buy_Signal = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 0,1);

double Sell_Signal = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 1,1);

Buy_Stoploss:

if(iCustom(NULL,0,“Market/ACB Breakout Arrows”, 2,1)!=0)Buy_Stoploss = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 2,1);

Sell_Stoploss:

if(iCustom(NULL,0,“Market/ACB Breakout Arrows”, 3,1)!=0)Sell_Stoploss = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 3,1);

// Fetching targets from the chart

Quick Profit = NormalizeDouble(ObjectGetDouble(0,”FirstTarget”,OBJPROP_PRICE),Digits);

First Target = NormalizeDouble(ObjectGetDouble(0,”Target1″,OBJPROP_PRICE),Digits);

Final Target = NormalizeDouble(ObjectGetDouble(0,”Target2″,OBJPROP_PRICE),Digits);

double Buy_Signal = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 0,1);

double Sell_Signal = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 1,1);

Buy_Stoploss:

if(iCustom(NULL,0,“Market/ACB Breakout Arrows”, 2,1)!=0)Buy_Stoploss = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 2,1);

Sell_Stoploss:

if(iCustom(NULL,0,“Market/ACB Breakout Arrows”, 3,1)!=0)Sell_Stoploss = iCustom(NULL,0,“Market/ACB Breakout Arrows”, 3,1);

// Fetching targets from the chart

Quick Profit = NormalizeDouble(ObjectGetDouble(0,”FirstTarget”,OBJPROP_PRICE),Digits);

First Target = NormalizeDouble(ObjectGetDouble(0,”Target1″,OBJPROP_PRICE),Digits);

Final Target = NormalizeDouble(ObjectGetDouble(0,”Target2″,OBJPROP_PRICE),Digits);

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