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Breaker Blocks with Signals

Understanding Breaker Blocks

  • Breaker blocks are areas on the price chart that signify failed order blocks.
  • They create strong support and resistance zones, especially when the price returns to re-test them.
  • The Breaker Blocks with Signals indicator is designed to highlight these areas effectively within your trading platform.

    • Functionality of the Indicator

  • The Breaker Blocks with Signals indicator illustrates breakout signals between price levels and breaker blocks.
  • It incorporates alerts for each signal highlighted on the chart, ensuring that traders are immediately informed about potential trading opportunities.
  • This tool allows traders to input parameters that control sensitivity and visibility for better analysis.
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    Key Features

  • Customizable settings to define the sensitivity of detected swings used for constructing breaker blocks.
  • Options to utilize only candle bodies or a combination of candle bodies for determining extremities.
  • The indicator includes a premium/discount swing levels feature, offering potential take profit and stop loss levels.

    • Signaling Mechanism

  • When a breaker block is confirmed, it signals potential trading opportunities, prompting buy or sell orders depending on price action.
  • The indicator specifies whether the market is in a premium or discount zone to influence trading decisions.
  • Additional swing highlights help traders visualize when price breaks previous swing levels, aiding in market structure recognition.
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    Trading Strategies with Breaker Blocks

  • Combining the Breaker Blocks with Signals indicator with other tools enhances trading strategies.
  • Traders can use this alongside techniques from Smart Money Concepts (SMC) or other price action methodologies.
  • Effective usage involves a meticulous approach to entries and exits, leveraging alerts for informed decision-making.

    • User Experiences

  • Users have reported that using this indicator facilitates a more structured approach to trading.
  • Traders appreciate the clarity provided by the visual representations of breaker blocks on their charts.
  • Feedback suggests that the alerts effectively keep them synchronized with market dynamics.
    • 🎉

    Welcome to the exhilarating world of 'Breaker Blocks with Signals'—where trading dreams may or may not come true! This system promises a nuanced approach, drawing on advanced methodologies and market signals, yet navigating these waters is as risky as surfing a tsunami without ...

    Release Date: 26/05/2023

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