The Breakout and Retest Scanner V2.28 is a powerful MetaTrader 4 indicator designed to automatically detect key breakout and retest levels across multiple currency pairs and timeframes. Ideal for both novice and experienced traders, this tool scans the market and visually alerts you to potential breakout and retest setups — making your chart analysis smarter and faster.
🔗 Official Source: https://www.mql5.com/en/market/product/107093?source=Unknown
Original price was: $ 49.$ 15Current price is: $ 15.
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The Breakout and Retest Scanner V2.28 is a powerful MetaTrader 4 indicator designed to automatically detect key breakout and retest levels across multiple currency pairs and timeframes. Ideal for both novice and experienced traders, this tool scans the market and visually alerts you to potential breakout and retest setups — making your chart analysis smarter and faster.
✅ Key Features:
🔍 Multi-Symbol & Multi-Timeframe Scanner
Scan several pairs and timeframes simultaneously for breakout and retest conditions.
⚡ Real-Time Alerts
Get notified when a breakout or retest zone is detected — via pop-up, sound, or email.
📊 Visual Chart Interface
Clear marking of breakout zones and retest levels directly on the chart.
📈 Perfect for Smart Money Concepts (SMC) Traders
Helps in identifying institutional trading zones with minimal lag.
🔄 Fully Automatic Detection
No manual drawing or level analysis required — the indicator does it all.
🧠 Low Lag, High Accuracy
Optimized for fast decision-making in intraday and swing trading setups.
📷 Indicator Screenshot (Optional)
You can upload a screenshot of the indicator on the chart here.
🔗 Official Source: https://www.mql5.com/en/market/product/107093?source=Unknown
📦 Included Files:
Breakout and Retest Scanner V2.28 Indicator.ex4
Breakout and Retest Scanner V1.18 Indicator.ex4 (older version included as bonus)
How to install MT4 files.pdf
Useful Information for Forex Traders (Read Me).pdf
Free Forex EA, Indicators and more.url
⚙️ Recommended Settings:
Timeframes: Best results on M15, H1, H4
Pairs: Major forex pairs, Gold (XAUUSD), and indices
Use Case: Works well with breakout traders, SMC-based traders, and scalpers looking for retest confirmations.
📁 Installation:
Open MT4 → File → Open Data Folder
Go to MQL4/Indicators
Paste .ex4 files inside
Restart MT4 and attach the indicator to any chart
📊 Backtesting / Performance:
This is a visual indicator and not an EA. No backtest is required, but visual testing on historical charts is encouraged.
🏁 Conclusion:
The Breakout and Retest Scanner V2.28 offers an edge for traders seeking clean, objective market structure-based setups. Whether you’re a scalper, day trader, or SMC strategy fan, this tool simplifies decision-making and improves trade timing.
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