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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