Volume Breaker for Tradingview
$199.00
✅ Pinpoint breakout entries with unmatched accuracy
✅ Gives you profitable exit points. So you can close trades with the best possible outcomes
✅ Top-tier trade alerts across multiple instruments.
If you’ve tried & failed at trading breakouts… repeatedly, have you ever suspected something sinister is going on? The inconvenient truth is that…
“We’re the prey in this game, and breakouts are the bait.”
Most breakouts fail. It’s that simple. The trick is finding those TRUE breakouts that can wipe away all the little losses and then some. Sounds impossible? Flip on the brand-new Volume Breaker indicator and watch these setups come alive on your charts:
Let’s talk about high-volume breakouts. They’re a unique kind of TRUE breakouts that’s got the highest chance of success.
They offer big win opportunities, but scanning countless charts for them is tough.
That’s where our all-new Volume Breaker indicator comes in.
First, take a look at this indicator in action. And then, I’ll explain all the nitty-gritty.
What exactly is this indicator?
The Volume Breaker indicator uses our cutting-edge “High Volume Breakouts” algorithm to identify potential breakouts early.
How does it work? The algorithm is built on two key concepts: Typical Prices and Average True Range (ATR). This precise method normalizes data over a specific period, delivering reliable signals on a sleek trading chart.
Here’s how it works…
Ask yourself: is there anything more satisfying for a trader than catching a huge breakout? Traders love spotting breakouts, but here’s the problem:
Many traders simply buy new highs/lows for breakout entries. But this approach often leads to false breakouts.
Waiting for volume confirmation is key, as high-volume breakouts tend to last longer.
That’s what we’re trying to achieve with our brand-new Volume Breaker indicator.
It uses a sophisticated volume-based algorithm to detect breakouts wayyyy EARLIER than traditional methods. By analyzing volume differences on up and down days and normalizing them over time, the algorithm identifies optimal entry and exit points with precision.
Built on ‘typical’ prices and ATR comparisons, the indicator layers multiple conditions to deliver the highest probability trade alerts.
Volume Breaker vs Bollinger Bands
Most traders still use traditional indicators like Bollinger Bands or RSI. But these are slow and outdated.
This brand-new Volume Breaker tool outperforms traditional indicators. So you can get timely signals that appear earlier than those from Bollinger Bands (which is commonly used by breakout traders)
Here’s a direct comparison:
Now, let’s dive into the key features of this powerful indicator that you can leverage
Pinpoint breakout entries with unmatched accuracy
When you apply the Volume Breaker to your chart, potential trades become crystal clear. Like this:
For a bullish breakout, it signals the ideal moment to enter the market and capture a profitable move. Just as predicted, the price surges upward.
On the flip side, it delivers a crucial bearish alert before a prolonged downtrend. Gives you the edge to act before the
market turns.
Gives you profitable exit points. So you can close trades with the best possible outcomes
The Volume Breaker indicator not only identifies great entry opportunities but also helps you close positions at the right time, maximizing profits or avoiding significant losses.
For example, when a bearish arrow appears after a bullish entry, it signals an ideal exit point. Let’s see it in action:
Similarly, a bullish arrow following a bearish entry alert serves as an exit signal.
Top-tier trade alerts across multiple instruments.
Whether you’re trading different timeframes or various assets, the Volume Breaker indicator provides numerous potential trade setups. For example, it offers excellent alerts on a 4-hour timeframe on EUR/JPY:
For futures, it provides 3 bullish and 1 bearish high-probability opportunities on YM (15-min timeframe)
An EVERGREEN strategy that generates stress-free profits. No guesswork.
The Volume Breaker indicator clearly displays stop loss and take profit levels in the top right corner of your chart.
All you need to do is spot them and seize your trading opportunities.
Timely alerts, so you won’t miss out on important trades
You’ll get all kinds of alerts: Pop-up, Sound, Email, and Push Notifications as soon as a new trade setups appears…
And you can customize these alerts in any way you want.
Setting Manuals
- What is the Volume Breaker Indicator?
Volume Breaker Indicator is designed for traders using breakout strategies and volume-based trading. It works for scalping, day trading, and swing trading. It aims to identify high-probability breakout opportunities before they happen by analyzing volume and using a complex algorithm involved with price action, typical price, moving averages, RSI…,. Additionally, it avoids false breakouts by effectively combining volume confirmation and price action.
Volume Breaker Indicator does all that by calculating the difference between positive volume (up days) and negative volume (down days) relative to total volume over a set period. Then it will use the Average True Range (ATR) to determine significance:
* A buy signal is generated when:
* Volume Breaker indicator crosses above a critical threshold (+10 by default).
* RSI is below an overbought level (+90 by default).
* Price is above its SMA.
* A sell signal is generated when:
* Volume Breaker indicator crosses below its SMA.
* Price falls below a recent high minus a multiple of ATR.
Key features of Volume Breaker Indicator: This indicator
* Identifies breakout entries and exits.
* Works on multiple timeframes and trading pairs.
* Provides stop-loss and take-profit levels.
* Offers alerts via pop-up, push notification, or email.
* Works with Forex, Crypto, and Futures markets.
- Indicator settings:
The indicator has two components: Volume Breaker Pro and Volume Breaker Panel.
For Volume Breaker Pro:
VP Period: the number of candles to be included in the calculation of the volume indicator
Smooth: the smoothing period for the indicator, default is 3 days
VPNCRIT: the critical value for Volume Breaker calculation, default is 10
MA BARS: the number of candles to be included in the calculation of the MA, default is 30
Multiplier: the multiplier for ATR to be used in the calculation of the indicator, default is 0.1
RSI Period: the number of candles to be included in the RSI calculation, default is 14
RSI applied price: the price to be used in RSI calculation (open, high, low, close, hl2, hlc3, ohlc4, hlcc4, MAVPN, or VPN)
RSI Overbought level: the critical threshold for RSI to show an overbought market, default is 90
Price MA Period: the number of candles to be used in the MA calculation, default is 14
Price MA Method: the calculation method for MA (simple, exponential, smoothed, or linear weighted)
Price MA applied price: the price to be used in MA calculation (open, high, low, close, hl2, hlc3, ohlc4, hlcc4, MAVPN, or VPN)
Candles count to get recent highest close for bearish signal: the number of recent candles used in the algorithm to conclude a sell signal, default is 7
ATR period for bearish signal: the number of recent candles to be used in the calculation of ATR for the sell signal algorithm, default is 14
ATR coefficient for bearish signal: the coefficient used in the calculation of ATR for the sell signal algorithm, default is 1
ATR period for SL shift: the timeframe used to calculate the Average True Range for adjusting stop loss levels.
SL shift coefficient: a multiplier used with the ATR value to adjust stop loss levels according to market volatility.
TP coefficient (from SL): a multiplier determining the Take Profit level relative to the Stop Loss distance.
Various color settings: customize the colors and display of texts, dashboards & arrows to your visual preference.
For Volume Breaker Panel: similar definitions to those in the settings of Volume Breaker Pro Panel
- Alert set-up:
To stay updated on potential trading opportunities, you can set up alerts within the Volume Breaker Pro settings. Below are the settings screenshots for the Volume Breaker Pro component. Please note that the Volume Breaker Panel component does not have a signal alert function.
Step 1: From the indicator settings, customize your alerts by defining your desired parameters for buy and sell signals. The selected configurations will be used for notifications in Step 2.
Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView’s Alert icon.
Step 3: Select “Volume Breaker Pro” and “Any alert() function call” from the “Condition” dropdown list.
Step 4: A pop-up will appear as follows. Click on “Notifications”.
Step 5: Choose the types of notifications you’d like to receive, and click the “Create” button.
FAQ
After purchasing, you’ll fill out a short form that asks for your Tradingview username. And then, we’ll grant your username access to all our indicators within 24 hours.
It works on ALL markets internationally that are available on Tradingview: FX, stocks, indices, commodities, futures, etc…
All sales are final and non-refundable.
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