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Break and Retest Indicator MT4 with Presets - Instant Download & Free Updates

Original price was: $65.00.Current price is: $14.95. (Save $50.05)

Price in USD. Crypto also accepted.

Full download package available instantly after payment.

Free Updates, Support, Instructions and More:

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) V2.0
+ Presets

More Information:
+ https://www.mql5.com/en/market/product/115398

Live Signal:
+ N/A

Please note, all MT4 products have been tested to work up to terminal build 1417. We are working on fixing this issue.
 
Please contact us if you need to downgrade your terminal and you’re a customer.

We Are
Rated Excellent:

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.

Break and Retest Indicator Early Entry
Break and Retest Indicator Early Entry

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.

Break and Retest Indicator Masterpiece
Break and Retest Indicator Masterpiece

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.
Break and Retest Indicator No Repaint No Lag
Break and Retest Indicator No Repaint No Lag

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

  1. Comprehensive Market Analysis: Analyzes the entire market efficiently, ensuring high-quality trades.
  2. Customizable Settings: Adjust the indicator parameters to match your trading style and preferences.
  3. Real-Time Alerts: Get notified instantly of new trading signals on your MT4 terminal or via push notifications to your phone.
  4. Diverse Asset Compatibility: Works seamlessly with Forex, metals, indices, and cryptocurrencies.
  5. 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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* 7-day money-back policy is only valid when you provide proof of any errors and allow us to try and fix it. If we can't fix it, we will refund you in full.

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Our Promise:

Beware of other sites selling products that only accept Crypto as payment. They often sell products that DO NOT work and won’t refund you if there’s a problem.

Buying from us, you can:

  • Pay with PayPal or Crypto and download instantly.
  • Get Free updates if the product version is updated.
  • Get Free support with installation to your MT4/MT5.
  • Get a Full refund if the product has errors we can replicate.
  • Read our 5 star reviews.

Payment:

We accept payment by PayPal, Cryptocurrency, Binance Pay, Bitcoin, USDT and Ethereum.

Refund Policy:

• We do not promise profits or provide trading advice. Refunds will not be issued based on dissatisfaction with trading results or personal preference.

• In the event of a confirmed technical error with the product, customers will receive an alternative product from our website or a full refund. For more information, please refer to our Refund Policy.

• Customers who initiate disputes or complaints through PayPal or Stripe will be permanently blocked from accessing our websites and affiliated partners, prohibiting future purchases of EAs. We will also attempt to remotely disable your products.

Review Your Forex EA On A Demo Account:

• This product does not guarantee profits and requires resilience, patience, and a positive mindset in forex trading.

• Prior to usage, it is advised to test the EA on a demo account and conduct your own backtests using high quality tick data.

• Profits cannot be guaranteed in the forex market, and achieving success depends on effective risk management, emotional control, and maintaining a steadfast attitude.

Support After Purchase:

For expedited support, reach out to us on Telegram at @CheaperForex or email us directly at support @ CheaperForex.com

Alternatively, you can utilize our contact form available at the following URL: https://cheaperforex.com/contacts.

We’re here to assist you promptly with any inquiries or assistance you may need.

Delivery Of Your Purchase:

All EAs and Indicators are available for download immediately after payment.

Upon completing your purchase, you will be provided with a download link on the page.

Additionally, we will send you an email containing your download link for your convenience. Start exploring your new expert advisors right away and take your forex trading to the next level!

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Original price was: $65.00.Current price is: $14.95. (Save $50.05)
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