The ACB Breakout Arrows indicator generates important signals to enter the market, identifying special breakout patterns. The indicator constantly scans the chart, waiting for a pulse to appear in one direction, and generates an accurate entry signal right before the big move.
Key features:
- Does not redraw!
- Shows the stop loss and take profit levels.
- Suitable for intraday traders, swing traders and scalpers.
- Optimized algorithm for improving signal accuracy.
- A pre-calculated risk-to-profit ratio for each transaction.
- Recommendations on the lot size using a pre-determined risk percentage for each trade.
- A special level for making it easier to move to breakeven or scalping a target (quick profit line).
Use the “ACB Trade Filter Indicator” to filter out trades with a low probability of success.
- History Bars: the number of bars to calculate the indicator.
- Signal Sensitivity: the sensitivity of the arrows (signal strength).
- Bars for SL: the number of bars to calculate the stop loss.
- Display Information: Show / hide signal information in the upper-left corner of the graph.
- Lot Size Information: show / hide the calculation of the lot size for the last signal.
- Risk per trade: the percentage of risk per trade.
- Show Target Lines: show / hide stop loss, take profit, and quick profit levels.
- Show Max Profit: enable / disable the display of the maximum profit line: the most favorable movement in pips for the last signal.
- Alert Settings: Alert settings – message, email, push notification, and beep.
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Use the following code to apply the indicator in the Expert Advisor.
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