- October 3, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex Indicators
Quantum Breakout Indicator PRO Review
The Forex trading world is constantly evolving with new tools and technologies designed to enhance the decision-making process. The Quantum Breakout Indicator PRO stands out as a remarkable innovation, ensuring traders have a seamless experience while detecting trends and making entry and exit decisions.
The Quantum Breakout Indicator PRO: Breaking Boundaries
A revolution in trend trading, the Quantum Breakout Indicator PRO comes equipped with a suite of powerful features that simplify and refine trading strategies. Its core strength lies in its ability to filter market noise and detect viable trends, thereby paving the way for accurate entry and exit signals.
Best Brokers List
Quantum Breakout Indicator PRO works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Quantum Breakout Indicator PRO Settings
Salient Features
- Smart Algorithmic Detection: At its heart, it leverages an advanced algorithm which is adept at detecting trends while discarding market noise.
- Enhanced Statistical Rules: The improved rules for statistical calculation mean traders can now enjoy an optimized performance from this indicator.
- Comprehensive Compatibility: Whether it's forex, stocks, cryptocurrencies, metals, or indices, this tool functions seamlessly across all financial instruments and timeframes.
- Instant Alerts: Equipped with integrated pop-up, email, push notifications, and sound alerts, it ensures that traders never miss a lucrative trading opportunity.
- Full Compatibility for EA Development: The indicator buffers are specifically designed to be compatible with Expert Advisor (EA) development, making it a valuable tool for automated trading strategies.
Harnessing the Power of Quantum Breakout Indicator PRO
Trading with this indicator is straightforward. The 3-step process is uncomplicated:
- Trade Setup: A green signal for traders when the Statistics Success Rate surges above 65%.
- Setting Stop Loss: Exit buy signals on detecting a new sell signal, and vice versa.
- Determining Take Profit Strategy: Traders have the flexibility to choose between three distinct strategies to secure their profits, ensuring they can adapt to the dynamic nature of the forex markets.
Deep Dive into Enhanced Statistical Calculation
The core of any indicator lies in its statistical robustness. The Quantum Breakout Indicator PRO shines here with clear win and loss conditions:
- Win Conditions:
- TP1 Hit: A win is recorded when a signal touches at least TP1.
- EXIT Win: A positive profit is achieved when a trade concludes on the opposite signal.
- Loss Condition:
- Exit Loss: A loss is recorded when a trade terminates on the opposite signal with a negative profit outcome.
- Success Rate: This parameter offers a snapshot of the percentage of signals that fulfill the win condition. It acts as a crucial reference for identifying the best trending pairs and timeframes.
Parameters: Tailoring It To Your Needs
The Quantum Breakout Indicator PRO offers a range of customizable parameters, including:
- Period: Determines the number of bars for trend calculation.
- Target Factor: Acts as a multiplier for computing take profit levels.
- Maximum History Bars: Sets the maximum bar limit for calculations.
- Display and Graphics Parameters: Grants users control over the visual aspects of the charts.
- Dashboard Parameters: Manages the statistics displayed on charts.
- Alert Parameters: Controls the types of alerts activated.
Final Words
The Quantum Breakout Indicator PRO isn't just another tool; it's a game-changer. It represents the perfect amalgamation of precision, versatility, and user-friendly design. Whether you're an amateur trader or a seasoned professional, it promises to be an indispensable addition to your trading toolkit.
Download Quantum Breakout Indicator PRO
Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
Disclaimer: All trading involves risks. It's essential to do your own research and consider seeking advice from a licensed financial advisor before making any trading decisions.
