Breakout and Retest Signals

A breakout signal appears when price breaks through a key level, suggesting that market momentum may be shifting in the direction of the breakout. A retest signal appears when price returns to the broken level and reacts from it, helping traders evaluate whether the breakout level is holding as new support or resistance.

This indicator can be used to:

• highlight possible breakout zones;
• identify retest opportunities after a breakout;
• confirm potential continuation setups;
• support analysis of support and resistance behavior.

Signals should not be treated as standalone trade recommendations. For more reliable analysis, traders should combine them with market context, volume, trend direction, risk management, and their own trading strategy.

To add and set up the indicator, open the Indicators settings window.

Indicator's settings