Attention: For the correct menu font, you need to download and install the font “Agency FB”!
The BreakoutSR indicator displays the possible price breakout levels for the current / next day.
The chart is very clear thanks to the built-in support and resistance lines, as well as the menu.
When closing a candle above the “LONG” level , open a long position, and when closing below the “SHORT” level, open a shortposition . The same applies to the breakdown of the SHORT/LONG levels.
A simple and intuitive tool, great for any traders.
- MT4 Alert-notification in the MT4 terminal;
- Broker GTM – the time of your GTM broker.
Breakdowns:
- Draw Breakouts-display breakout lines;
- Draw a Label to display labels breakdown;
- Draw Breakouts Background-display breakouts in the background;
- Fontsize – the font size on the placemarks;
- BO Label – color of breakout labels;
- Long Line – the color of the Long line;
- Long Breakout-Long Breakout color;
- Short Line – the color of the Short line;
- Short Breakout – color breakdowns, Short;
- Middle Background – the middle line on the background.
Support and resistance:
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- Draw SR-display support and resistance lines;
- Draw Label-support and resistance line labels;
- Fontsize – font size;
- SR label – label color;
- Support – color of the support line;
- Resistance – the color of the resistance line.
Menu:
- Show Menu – show / hide the menu;
- Coord. X-the X-axis coordinate for displaying the menu (horizontally)
- Coord. Y-Y coordinate of the menu (vertical)
- Menu in Background-displays the menu in the background;
- Menu Background color – menu color;
- Manu Label color – the font color.
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