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TD Breakout

FREE

Version: 1.0.9.0

Categories: ,

There are two ways to jump on a trend, either wait for a pullback or catch the breakout of last higher high in case of an uptrend or last lower low in case of a downtrend, we developed another indicator TD Trend Rider for trading the pullback setups and it uses the popular TD sequential indicator for defining the trend direction, the TD Breakout completes our trend trading package as it finds the breakout setups, not the pullbacks.

This indicator also uses the TD sequential indicator for defining the trend direction similar to our TD Trend Rider indicator as we got very good results from it, on each bar close it calculates x previous bars and finds the last lower low in case of a downtrend or last higher high in case of an uptrend, it checks that if the last bar close was broke it or not, if it did then its a breakout setup and indicator checks two larger time frames to get the trend direction and to find if there is any room left for price to move further in the direction of trend, if conditions are met then indicator mark the bar as an entry signal.

We have implemented our indicator internal testing system on this indicator too, so you will see the live statistics of signals, like accuracy percentage.

Features

  • Makes your trading easy by showing accurate buy/sell signals on your chart
  • Have an internal testing system for testing the indicator signals
  • Uses multiple time frames data
  • Works on all time frames and symbols

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Version 1.0.9.0

Release Date: August 21, 2020

Changed: Alert library updated

Changed: Licensing model

Version 1.0.8.0

Release Date: August 8, 2020

Added: Alert mode

Changed: Alert library updated

Version 1.0.7.0

Release Date: April 25, 2020

Added: Now you can enable/disable the update check

Version 1.0.6.0

Release Date: March 25, 2020

Changed: Alert library updated

Changed: Updated to the latest available cTrader automate API version

Removed: Signal Statistics

Version 1.0.5.0

Release Date: September 15, 2019

Changed: Alert library updated

Version 1.0.4.1

Release Date: September 8, 2019

Changed: Tweaked the code

Version 1.0.4.0

Release Date: August 31, 2019

Changed: Alert library updated

Version 1.0.3.0

Release Date: August 19, 2019

Added: Parameter grouping

Version 1.0.2.0

Release Date: June 26, 2019

Fixed: A major bug in signal identification function

Changed: Stats alignment parameters type

Version 1.0.1.3

Release Date: June 26, 2019

Fixed: A bug on exporting signals

Version 1.0.1.2

Release Date: June 25, 2019

Added: A new parameter for limiting the number of exported signals

Version 1.0.1.1

Release Date: June 20, 2019

Fixed: A bug on statistics

Version 1.0.1.0

Release Date: June 19, 2019

Added: Total gain in Pips on indicator statistics

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