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This Presentation will cover:
1. About this Indicator.
2. Frequently Asked Questions.
3. Importance of leaving us Review.
About This Indicator:
First of all Its worth emphasizing here that the Range Breakout Catcher is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal from both manual and robot trading.
The Trend Breakout Catcher uses a smart Algorithm that Calculate ranges and send early signal of Buy and Sell at the breakout of the range, which will help you catch the trend at any ranging consolidation.
The calculation of the Range is based on many elements, that create a complete redundant system, which detects ranges and range breakouts and predicts the trend. However, you will only see few elements on the chart:
1. The Range box: The Algorithm will draw a box at the end of the range.
2. The Buy Signal: Arrow Up, that signals the Buy, can also be used to exit a sell trade.
3. The Sell Signal: Arrow Down, that signals the Sell, can also be used to exit the buy trade.
4. The Trading Statistics: Shows full stats of the entire selected history.
5. The Live trade update: Shows live number of pips as the trade is happening real time.The Algorithm is Able to detect two types of ranges:
1. Continuation Range: The algorithm uses a complex scan to detect the range in the middle of the trend and predict continuation.
2. Reversal Range: The algorithm uses a complex scan to catch the end of trend and detect the range at the top or the bottom of the trend and predict a reversal move.Many Updates are going to come soon, Along with the Range breakout catcher EA that is based on this indicator.
Do not forget to take a look at the screenshot below.
Frequently Asked Questions:
Q: What is the Range Breakout Catcher Strategy?
A: The Range Breakout Catcher strategy is a trading approach that focuses on identifying potential market movement when the price breaks out of a predefined range. This method aims to capture profitable opportunities by recognizing when the price escapes from its established trading boundaries. Traders using the Range Breakout Catcher strategy analyze price action patterns and key support and resistance levels to determine optimal entry and exit points. This strategy is particularly valuable in markets characterized by consolidation phases, offering a way to capitalize on potential price surges following a breakout.
Q: How much does it cost:
A: Current Price $49, But Future Price $175!
Q: What is the Real Time Analytics?
A: Its new enhanced Algorithm that shows the number of pips of the open trades as they progress until the trade is closed, these info are then used
to create the total trades stats. (Note: Trades Closings are based on Aggressive TP)
Q: On how many MT4/MT5 terminals can I use this Indicator?
A: All our indicators come with 10.000 Activations, which means unlimited Meta Trader terminals and unlimited computers for life time.
Q: Do you Sell outside of the Mql5 community?
A: Absolutely not, Its is against the rules of mql5 community and anybody who sells using our brand name is a scam and should be avoid at any cost.
Q: Can I use it on all timeframes and all markets?
A: YES, It Can be used on All Markets and All Timeframes.
Q: Can I use this custom indicator on multiple charts?
A: Yes, you can use the custom indicator on multiple charts. Simply add it to each chart from the Navigator window.
Q: Can I use this custom indicator on multiple trading accounts?
A: Yes, You can use it on unlimited trading accounts (with our unlimited activations).
Q: How do I install this custom indicator I purchased?
A: To install the custom indicator you purchased, follow these steps:
- If you still didn't buy the indicator by clicking the buy button above.
- Refresh the page and you will see Install button.
- Click install the web page will ask your to open MetaTrader, Click Confirm.
- Open MetaTrader and go to "Navigator" -> "Indicators" -> "Market", you will see your newly bought indicator listed.
- double click or click and drag to the chart.
- setting window will open, custom your preferred setting and confirm.
Q: Do you have the other version of MetaTrader?
A: Yes, you can find the other version Here .
Q: What's the formula used?
A: The indicator has a Smart algorithm that scans and retrieve valid and important info That is used to detect Ranges and Breakouts.
Q: Does it show SL and TP? and What is the red and green boxes?
A: No, The green and red boxes are used for demonstration only.
Q: Can this Indicator Alert me on Email and Phone when buy and sell signals are detected ?
A: Yes, you will be able to enable alerts in the setting panel.
Q: How to integrate this Indicator in my trading?
A: There are a lot of strategies that uses this Indicator including most of price action traders and day traders use it, Removing the human error by using a complex algorithm formula will help not only save the traders time but increase probabilities of your entries and exists signals.
Q: Can this indicator be used with an Expert Adviser?
A: Yes, This indicator does return buffers that can be used as buy and sell signals buy Expert Advisers Buy buffer and sell buffer.
Q: How do I customize the settings of the custom indicator?
A: To customize the settings of the custom indicator, double-click on it in the Navigator window or drag it onto the chart. A settings window will appear, allowing you to adjust the parameters as per your preference.
Q: Does the custom indicator repaint or redraw its signals?
A: Definitely NOT, This Indicator is Non-Repainting And Non-redrawing Indicator
Q: Can I get support or assistance with using the custom indicator?
A: Yes, if you have any questions or need assistance with using the custom indicator, you can contact us through the MQL5 website or the provided contact information.
Q: How can I backtest the custom indicator's performance?
A: To backtest the custom indicator, open the Strategy Tester in MetaTrader 4/5, select the indicator, choose the desired settings, and run the test on historical data.
Q: What are the settings of this indicator?
A: This indicator offers full control over everything:
- Control the Modes.
- Control the appearance of the indicator.
- Control number of bars to analyze.
- Control Alerts.
- Control thickness of elements.
- Control the colors of elements.
- Show hide of all elements using button or Hotkey.
- Change position of the button.
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