BreakOut/Breakout search Indicator

v10.3
BreakOut/Breakout search Indicator

This indicator indicates on the graph, an event Breakout in green color.
In red, a BreakDown.

The basic indicator is the index force coupled with the Bollinger Band to identify a statistical anomaly on the closing price caused by volumes.
If the upper band of the bollinger bands is exceeded by the forceindex, it’s mean a BreakOut.
A BreakDown when the lower band of bollinger is exceeded.

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. Alai-n • 12/06/2017 #

    Merci pour ce travail…

  2. patmaba • 12/06/2017 #

    merci Alai-n.
    C’est ma premi√®re participation sur prorealcode, merci pour √† toi pour ton commentaire.
    J’ai essay√© de rester le plus simple possible.

  3. longtrade • 12/06/2017 #

    Can this be converted to a screener?

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Related users ' posts
Nicolas Oui, il peut être appliqué sur toutes les unités de temps et fonctionne sur prorealtime v11.
superprof salut merci pour ton indicateur. Pour bien comprendre , si suis acheteur à quelle comment j...
Nicolas A discrétion, bon courage dans ton apprentissage du trading.
IV Mcm
4 months ago
Nicolas Il faut simplement modifier ces textes à convenance, dans la dernière ligne de code (les tex...
ialaoufadia Je viens de comprendre l'origine de mon problème : le graphique n'avait tout simplement pas ...
ialaoufadia Merci Nicolas, le problème était donc autre.
Fabian Hi Thomas, thanks for your explanations. Which indicator do you use in the screenshot ...
Thomas Thats On Balance Volume and Bollinger or SMA or what you want. It shows me the volume flow. ...
bertrandpinoy @MAKSIDE I would be grateful if you send me your version. have a nice day
oraclus Bonjour indicateur très intéressant existe t il un screener qui détecte les actions qui donn...
IV Mcm Ce n'est pas le but de cet indicateur, mais avec un peu¬†d'entra√ģnement vous pourriez le code...
Demon Bonjour, je n'ai pas téléchargé le code mais je l'ai lu et comme je ne comprenais pas la con...
Vivien René Tout a fait demon, cela depend de ce que tu recherches personnellement je ne souhaite enlev...
clody Good morning Rene'. Thanks a lot d=for the 3 screener you made regarding Breack Out (very us...
imonix Have been trying this on demo since Monday before deciding whether to go live with it. Using...
Roberto Bl√°zquez I'm sorry, I've tried it since November 2012 and it's bad results.
Oxxoz Re bonjour Vivien, Il me smeble que 3 mois, c'est 60 séances. Cordialement,
Vinks_o_7 thanks ...and It can be used on a monthly and weekly basis by changing just the duration in ...
ncattin76 Bonjour Vivien, peux tu me dire si ton screener est utilisable dans toutes les UT ?
clody Thanks a lot Vivien ....good job is really what I'm searching
Randy33 Very very nice! How can i change the price in the code? Like to screen only smal caps (Price...
Dunstan I would like to get guidance_ How do I access and attach this indicator to my MT5 platform...
Nicolas You can't, use prorealtime, it's way better
toendidi Hi Vonasi, thankx for the indicator I find it very usefel. I am trying to study the breakot...
Gaby333 not working the same thing as xtian saying?
fucode I need to calculate this in excel. Is it posible ? how ?
Nicolas Ask on an Excel website?!
Vonasi There are actually two ways to calculate standard deviations and I seem to have used the ver...
Vonasi There are actually two ways to calculate standard deviations and I seem to have used the ver...
segie Can something similar be done with Supertrends?
Vonasi Not sure I fully understand what you are asking for. Are you asking for MTF Supertrend level...
Kris75 very interesting; thanks !
Nicolas Poni qui la tua domanda se è correlata a questo indicatore, altrimenti apri un nuovo argomen...
PhilipSchultz Hi Nicolas, can i backtest this indicator? And if so, how do i do it? I have tried, but don¬ī...
Nicolas Sure, use the forums to create a new topic to ask for it Please respect the posting rules ...
Canis Majoris Hi , Helpful indicator ...
Maxime Csls Bonjour Vonasi, Bravo pour ton travail ! Est-il possible de créer un screener quand le prix ...

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