AW Breakout Catcher

$55.00 AW Breakout Catcher, image 1

This product is electronically distributed.

Trading platformMetaTrader 5
Features
Indicator Type:
  • Channels
  • Levels
  • Trend
Основные характеристики
Current version:
2.00
Operating system:
Windows 7/8/10
Published:
7 January 2020
Trading platform:
MetaTrader 5
Updated:
18 October 2020
Description

Breakdowns of price levels, advanced statistics, TakeProfit calculation and 3 types of notifications.

Benefits: 

  • Do not redraw your results,
  • Signal strictly at the close of the candle,
  • False Breakdown Filtering Algorithm,
  • It goes well with any trending strategy,
  • Works on all tools and timeseries.

How to trade with the indicator 

Trading with AW Breakout Catcher in just three easy steps:

Step 1   - Opening a position

  • A buy signal was received with a success rating of more than 70 percents

Step 2 - Determining StopLoss

  • Select trunk by opposite signal

Step 3 - Defining TakeProfit Strategy

  • Strategy 1: Close the entire position when reaching TP1
  • Strategy 2: Close 50% of the position upon reaching TP1 and the remaining 50% upon reaching TP2
  • Strategy 3: Close the entire position on the opposite signal

Statistics module 

For better pair selection, use the built-in statistics calculations.

  • Calculate trades - The total number of signals for which statistics are given.
  • Success rating - Percentage of signals reaching TP1, or when reversing those that were in positive profit.
  • TakeProfit1 Hit - Percentage of signals reaching TP1.
  • TakeProfit2 Hit - Percentage of signals reaching TP2.
  • ExitProfit - percentage of signals that did not reach TP1, but were in a positive profit with a new signal.
  • ExitLoss - percentage of signals that did not reach TP1, but were in negative profit when a new signal.
Inputs


Free demo for MetaTrader4       Download

Free demo for MetaTrader5       Download

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Support and updates

We try to provide traders with the most prompt technical support. All updates to our products are absolutely free

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