Breakout, Trend, Scalping (Expo) gives insights about trend direction, trend strength, trend breakouts, and scalping impulses. The indicator is for traders that easily want to catch true breakouts, find reversals and retracements, and want to be able to gauge the trend strength. The indicator has various input sources: ATR (Default), VWAP, RSI, Average Trend and comes with Breakout Signals, Start of Trend Signals, and Take Profit Signals.
The unique gradient-coloring is used to identify impulses as well as to gauge the trend strength. The Trend Strength is also measured using the value of the BTS line.
- Real-Time Alerts
- No Repainting
- Works on any market and in any timeframe
HOW TO USE
- Identify True Breakouts
- Identify Trend Strength
- Identify Retracements and Reversals
- Identify Trend Impulses
- Identify Divergences
INDICATOR IN ACTION
5 min chart
Three different modes are displayed on the chart below. ATR Trend, VWAP Trend, and Trend Breakout.
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