Breakout indicator MT5(Highly accurate signal)

Key Features

1. Adaptive Support and Resistance Zones
   This indicator determines price boundaries by identifying the highest (resistance) and lowest (support) points within a customizable timeframe. These points dynamically adjust to market activity, providing traders with real-time insights.
2. Signal Filtering by Market Conditions
   To reduce redundant signals, the indicator incorporates market state awareness. Once a breakout occurs, further signals of the same type are suppressed until the opposite breakout takes place.

Usage Guidelines

The Breakouts indicator is ideal for identifying potential entry points in trending markets. A bullish signal (▲) may indicate opportunities for long positions or heightened buying activity, while a bearish signal (▼) suggests short positions or increased selling pressure. To further increase accuracy, traders could pair these signals with 200 EMA for confirmation.

Customization Options

• Rolling Window Period: Users can set the period for calculating dynamic support and resistance. While the default is 20, values between 5and 25 are available. Shorter periods react quickly to price changes, while longer periods provide more stable signals but with potential delays.