PipFinite Breakout Indicator

PipFinite Breakout Indicator

Key Advantages of PipFinite Indicator
Proven Algorithm – The indicator employs a price action-based algorithm that adapts to all market conditions.
Seamless Integration – It can enhance any trading strategy with its precise signals and insights.
Automatic Signal Levels – Entry, exit, stop loss, and take profit levels are auto-detected.
Comprehensive Signal Statistics – Automatically calculates signal statistics to help traders assess performance.
Reliable and Stable – The indicator never repaints, back paints, or recalculates, ensuring that signals remain consistent.
Universal Compatibility – Works across all timeframes and financial instruments, including forex, cryptocurrencies, metals, stocks, and indices.
Customizable Alerts – Integrated pop-ups, email, push notifications, and sound alerts keep traders informed in real time.
EA Development Ready – Indicator buffers are fully compatible with Expert Advisor development.

Automatic Statistics Calculation
The PipFinite Breakout Indicator provides a robust statistical analysis of its signals, which is crucial for informed decision-making.

Win Conditions
TP1 Hit: The signal reaches at least the first take profit level.
Exit Win: A trade closes on the opposite signal with a positive profit.
Loss Conditions
SL Hit: The signal hits the stop loss level.
Exit Loss: A trade closes on the opposite signal with a negative result.
Success Rate
The indicator calculates the percentage of signals that meet the win conditions. This metric helps traders identify optimal pairs and timeframes to maximize trading performance

Trading rules for this Breakout Indicator
Remember to tighten your stop losses around high-impact news releases or avoid trading at least 15 minutes before and after these events when using the Breakout Indicator.

As always, proper money management is key to achieving good results. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions, such as low volume/volatility, beyond major sessions, exotic currency pairs, wider spreads, etc.

Trade Setup – Enter a signal if the Statistics Success Rate exceeds 65%.
Set Stop Loss – Use the stop loss calculated by the indicator, typically based on the most recent swing. Or, set the stop loss at the opposite signal.
Set Take Profit – Options include taking profit at TP1, partial profit at TP1, and closing the remaining position at TP2, or taking profit on the opposite signal or riding the trend until it reverses.

PipFinite Breakout Indicator FREE Download