Apex Break PRO: Master Trendline Breakouts on cTrader
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cTrader trendline breakout indicator: Apex Break PRO draws the trendlines, scores every break and gives a stop and three targets. Apex Break PRO is a cTrader trendline breakout indicator: automatic trendlines, scored BUY and SELL signals, a stop and three targets. Get it on the cTrader Store: Product page: Seller profile: In this video you will see how to load Apex Break PRO on different cTrader charts, what every group of settings does, and how to read a BUY and a SELL signal step by step. What it draws on your chart - Sloped resistance lines from consecutive swing highs and support lines from swing lows, up to five of each - BUY and SELL markers with the price, a star rating and the number of filters that agree - A stop and three targets with shaded risk and reward zones - The 200 EMA, coloured by which side price is on - A dashboard with the signal, the live filter readings and the levels of the last trade How a signal forms - A candle has to close through a trendline by a tenth of an ATR - The break is scored on the 200 EMA side, RSI (below 75 for a buy, above 25 for a sell), volume above 1.2 times its average, and optionally ADX above 20 - A signal needs a score of at least 2, and 5 bars must pass between signals in the same direction - Signals are calculated on closed bars and do not repaint Stop and targets - Stop 1.5 ATR from the entry (or a fixed percentage) - Targets at 1, 2 and 3 times the risk, ticked on the dashboard as they are reached Works on any symbol and timeframe in cTrader Desktop; shown here on EURUSD, gold, Bitcoin and the Nasdaq 100. A free trial runs on EURUSD with every setting available. Chapters 0:00 Apex Break PRO for cTrader 0:29 Load it on a chart 0:55 Other symbols and timeframes 1:15 Reading the lines and the dashboard 1:36 Settings: pivots and lines 1:57 Settings: signal filters 2:30 Settings: stop and targets 2:46 Settings: dashboard, markers and alerts 3:02 How to take a BUY signal 3:38 How to take a SELL signal 3:57 When a break is not a signal 4:18 Get Apex Break PRO I am the developer of this indicator. It is an analysis tool and never places, modifies or closes orders. Trading involves risk. Past performance does not guarantee future results. #cTrader #TrendlineBreakout #ForexIndicator
