Range Breakout Indicator for Prorealtime

Ready to maximize your profits in the markets?

The Range Breaker will help you seize the best trading opportunities!

The indicator detects all the range breakouts, often followed by explosive price movements.

The Range Breaker is available for all brokers accepting the Prorealtime platform.

Never miss a breakout again!

Range Breakout Indicator Prorealtime

See your savings grow

  • The indicator will help you find the best trading opportunities in real-time.
  • You will easily grow your capital by opening entries at the best time.

Increase your success rate

  • The range breakout is one of the most accurate trading strategies.
  • You will increase the success rate in your trading.

Preserve your capital

  • The indicator provides the best position of the stop loss and targets.
  • You will benefit from the market by preserving your capital.

Available Brokers

The Range Breaker indicator works on all versions of the Prorealtime platform. You can install the indicator on every broker providing the Prorealtime platform.

You can use the Range Breaker indicator with these three brokers:

Available assets and time frames

The range breaker indicator can be used for all assets, such as stocks, ETFs, forex pairs, and future or CFD contracts.
The range breakout detections work with any time units. You can use the indicator to open day trading or swing trading positions.

Easy-to-use

The indicator’s installation and configuration are very simple. You can activate bullish or bearish breakouts, define the range’s length, filter the validated breakouts, check the volume increase, and select the target and stoploss levels.

Here is the setting panel of the Range Breaker indicator:

Range Breaker settings panel

Breakout detection examples

Here are some examples of range breakouts detected by the Range Breaker indicator: 

Bullish breakout on the Nasdaq

Bullish range breakout on the Nasdaq in the 15-minute timeframe with targets and stoploss:

Range Breaker Nasdaq 15 Minutes Bullish Breakout

Bearish breakout on the Nasdaq

Here is a Bearish range breakout on the Nasdaq in the 1-minute timeframe with targets and stoploss:

Range Breaker Nasdaq Bearish Breakout

Bullish breakouts on the Bitcoin

Here are bullish range breakouts on the Bitcoin in the 4-hour timeframe with targets and stoploss:

Range Breaker Bitcoin

Bullish Breakout on the S&P500

Here is a bullish range breakout on the SPDR S&P 500 ETF Trust  in the weekly timeframe with targets and stoploss:

Range Breaker SPDR S&P 500 ETF Trust weekly bullish breakout

Trading alert

The Prorealtime platform provides an alert system. You can turn the Range Breaker indicator into a signal system with two clicks. The Prorealtime platform will notify you each time a breakout happens. You will never miss a breakout again:

Prorealtime trading alert

Backtest & Automated trading

You can integrate the Range Breaker indicator in a backtest or use it in an automated trading system. The new version of the indicator returns all the data you need to create a strategy. I will provide you the code for a backtest implementing the Range Breaker. That will help you to backtest your strategy before taking positions on your real account. 

Here is a backtest example of a breakout strategy run on the Dow Jones index in the 15-minute timeframe:

Documentation

I provide complete documentation in English and French explaining how to install, configure, and use the Range Breaker indicator.

Range Breakout backtest Prorealtime

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