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Break and Retest Indicator MT4 V5 with Presets
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The Break and Retest Indicator leverages a robust price action strategy that revolves around key support and resistance levels. The core concept is simple yet powerful: wait for the price to break through a significant support or resistance level and then retest it.
The indicator further refines this strategy by identifying wick rejections, which signal that traders are actively defending these levels. Upon successful wick rejections, the indicator generates buy and sell signals, allowing you to enter trades with confidence.
This Package Contains an Instant Download of:
+ Indicator: Break and Retest Indicator (.ex4) V5.0
+ Presets
More Information:
+ https://www.mql5.com/en/market/product/115398
Live Signal:
+ N/A
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- Official Version
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Original price was: $50.00.$14.95Current price is: $14.95.
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30-Day Profit Promise
If it doesn't make you money, exchange it for free!
We want you to be fully satisfied with your investment, that's why we offer a FREE exchange if your product isn't profitable for you after 30 days of using it.
How it works:
- Use the EA for at least 30 days following the recommended settings. A demo account is always recommended to begin with.
- If you're not satisfied, contact our support team with:
- MT4/MT5 trading logs since the date of purchase
- Screenshots of your settings
- Brief explanation of your experience
- Choose: Exchange for another EA or receive full store credit
Terms/Requirements:
- Must provide proof of proper installation and use
- EA must be used according to documentation
- Does not apply to user error or settings modifications
- Only applies to products valued $150 or more & one use per customer
We want you to become profitable and be happy with your investment.
What Happens After Purchase:
Instant download + email delivery Immediately after payment, you receive download links via email plus access to your customer dashboard. Free updates All future versions are free. Download new updates anytime from your account - you never pay twice. Customer support Direct email support for installation help and technical questions from our team. 7-day refund guarantee If the EA fails to attach to your chart due to verified technical errors we can replicate, we'll issue a full refund within 7 days. Does not cover trading performance.Pre-Purchase FAQs ↓
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available.
Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
After successful payment, your product will be available for download instantly in the following ways:
- Displayed on the screen immediately after checkout.
- Emailed to the address you provided during purchase.
- Stored in your account if you created one at checkout, where you can access it anytime.
Please note, in rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud.
If you don’t see a download link, contact us for assistance.
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
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Break and Retest Indicator for MT4: Your Ultimate Price Action Tool
Introduction
Unlock the power of precise price action trading with the Break and Retest Indicator for MT4, now available at CheaperForex.com. This state-of-the-art indicator has been meticulously designed to assist traders in identifying high-probability trading opportunities by focusing on the proven strategy of break and retest. Developed from scratch with over 1,400 lines of code, this indicator embodies months of dedication and expertise, ensuring you have a reliable tool for navigating the Forex market and beyond.
Strategy Overview
The Break and Retest Indicator leverages a robust price action strategy that revolves around key support and resistance levels. The core concept is simple yet powerful: wait for the price to break through a significant support or resistance level and then retest it. The indicator further refines this strategy by identifying wick rejections, which signal that traders are actively defending these levels. Upon successful wick rejections, the indicator generates buy and sell signals, allowing you to enter trades with confidence.
Key Benefits:
- No Lag or Repaint: The indicator provides real-time signals without lagging or repainting, ensuring you can act on the most current data.
- Visual Support and Resistance Levels: Clearly marked levels help you identify critical retest zones.
- Comprehensive Alerts: Receive professional alerts and push notifications with precise entry times for support and resistance levels, break zones, and retest zones.
- Versatile Application: Suitable for trading Forex, metals, indices, and cryptocurrencies on any timeframe.
Trading Specifications
Designed for versatility, the Break and Retest Indicator can be used with any currency pair, on any timeframe, and with any account balance. This makes it an ideal choice for traders with diverse strategies and goals.
- Recommended Pair: Any
- Timeframe: Any (with specific recommendations for scalpers, intraday, and day traders)
- Minimum Balance: Any
Recommended Timeframes:
- M1: For Scalpers
- M15: For Intraday Traders
- H1 & H4: For Day Traders
- Other Timeframes: Also effective based on individual trading styles
Special Features
- Comprehensive Market Analysis: Analyzes the entire market efficiently, ensuring high-quality trades.
- Customizable Settings: Adjust the indicator parameters to match your trading style and preferences.
- Real-Time Alerts: Get notified instantly of new trading signals on your MT4 terminal or via push notifications to your phone.
- Diverse Asset Compatibility: Works seamlessly with Forex, metals, indices, and cryptocurrencies.
- Professional Alerts and Notifications: Detailed alerts for support and resistance levels, break zones, and retest zones ensure you never miss an opportunity.
Break and Retest Parameters
Break & Retest Settings
- Max Lookback Break Candle for Broken Zones: 250 (default). Number of previous break candles remembered for potential retests.
- Minimum Candles Between Break and Retest: 8 (default). Minimum number of candles required between a break and a retest.
- Enable Confirmation Filter: True (default). Waits for a confirmation candle after wick rejection before signaling.
- Use Fractal to Detect Swing (Late Entry): False (default). If true, entry signals appear after several confirmation candles, ensuring a more conservative approach.
- Alert: True (default). Receive notifications for new signals.
- Push: True (default). Push notifications sent to your phone.
- color_brokenres: Blue (default). Color for resistance zones.
- color_brokensup: Red (default). Color for support zones.
Supply/Demand Settings
- Max LookBack Candles for Support & Resistance: 250 (default). Number of candles to remember for support and resistance zones.
- Support & Resistance Sensitivity: 0.10 (default). Thickness of support and resistance zones; customizable for thin or thick lines based on preference.
Final Verdict
The Break and Retest Indicator for MT4 is a sophisticated and reliable tool designed to enhance your trading strategy by providing clear and actionable signals based on the break and retest price action method. Its advanced features, including real-time alerts, customizable settings, and compatibility with various assets, make it a versatile and indispensable tool for traders of all levels. Patience is key with this strategy, but the quality of trades when the market is in your favor is unmatched.
Available now at CheaperForex.com, the Break and Retest Indicator is your gateway to more disciplined and profitable trading. Equip yourself with this powerful tool and experience the confidence that comes from trading with precision and clarity.
Tip:
To ensure optimal performance, check the top left of your MT4 chart for the following statuses:
- Health: Working Ok…
- Status: Scanning for a Break & Retest entry…
Transform your trading journey with the Break and Retest Indicator for MT4 and take advantage of every market opportunity with ease.
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Reviewed by Our Trader
Peter Jones
Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.
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🔍 General Sales FAQ
Below are some frequently asked questions about the delivery of your product.
Please read them carefully for clarification.
After successful payment, your product will be available for download instantly in the following ways:
- Displayed on the screen immediately after checkout.
- Emailed to the address you provided during purchase.
- Stored in your account if you created one at checkout, where you can access it anytime.
Please note, in rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don’t see a download link, contact us for assistance.
Yes, absolutely. We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
We provide original, fully supported expert advisors with free lifetime updates, guaranteed to work and backed by a 7-day refund or exchange policy in the rare event something is broken.
Unlike many sites selling outdated or fake versions, we offer real quality, peace of mind, and ongoing improvements from a store trusted since 2019.
This is the latest version as of the date we published it. There may be newer updates available since then.
Please check the version number before purchasing.
Yes, product updates are always free and they are provided as soon as possible.
More popular products are updated more frequently, and we typically upload a free update if a significant improvement has been made.
All product updates are stored in your account for easy access.
Please review the content under 'The download package includes' section at the top of this page.
If set files are not listed and you need them, please contact us to confirm. We can usually create specific sets tailored to your requirements.
However, we cannot guarantee profitability. Forex markets are unpredictable and the ability to lose money is possible if you don't follow a solid risk strategy.
If this product is for MT4, it will work on all terminal builds.
In the rare event that you experience issues attaching this product to your chart and can provide error codes that we are able to replicate, we will issue a full refund.
However, we do NOT offer refunds if the product does not meet your profit expectations. Forex markets are unpredictable, and performance may vary across different brokers.
At our discretion, we may offer you store credit to be used toward another product if the product is not what you expected.
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products. That service is exclusively reserved for our VIP customers.
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