AW Breakout Catcher

Breakdowns of price levels, advanced statistics, TakeProfit calculation and 3 types of notifications.

Benefits: 

• Do not redraw your results
• Signal strictly at the close of the candle
• False Breakdown Filtering Algorithm
• It goes well with any trending strategy.
• Works on all tools and timeseries

How to trade with the indicator 

Trading with AW Breakout Catcher in just three easy steps:

Step 1   - Opening a position

• A buy signal was received with a success rating of more than 70%

Step 2 - Determining StopLoss

• Select trunk by opposite signal

Step 3 - Defining TakeProfit Strategy

• Strategy 1: Close the entire position when reaching TP1
• Strategy 2: Close 50% of the position upon reaching TP1 and the remaining 50% upon reaching TP2
• Strategy 3: Close the entire position on the opposite signal

Statistics module 

For better pair selection, use the built-in statistics calculations.

• Calculate trades - The total number of signals for which statistics are given
• Success rating - Percentage of signals reaching TP1, or when reversing those that were in positive profit
• TakeProfit1 Hit - Percentage of signals reaching TP1
• TakeProfit2 Hit - Percentage of signals reaching TP2
• ExitProfit - percentage of signals that did not reach TP1, but were in a positive profit with a new signal
• ExitLoss - percentage of signals that did not reach TP1, but were in negative profit when a new signal

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