Dear friends, Breakout indicator aik aisa technical indicator hay jo price chart par support aur resistance breakout zones ko show karta hay, traders kay liay currency pairs kay ye zones manually maloom karna mushkil hota hay is liay ye indicator kafi helpfull hota hay,
Identification of valid breakouts:
Support aur resistance zone par valid breakout ko identify karnay kay liay in zones kay two ya three price test karnay hotay hain, aur jab prices in zone ko two times touch karain to ye valid zone kehlatay hain aur in kay result ki surat main jo breakout hota hay wo bhi valid hoga, jis ki waja sa price trend change ho jata hay,
Working of Breakout indicator:
Pivot points aur candlesticks ki closing prices ki strategy ko use kartay huay breakout indicator chart par support aur resistance zones draw karta hay, ye valid zone us waqt tak draw kia jata hay jab yak kay current candle zone kay opposite side close nhi hoti, candle kay close hotay hi support aur resistance kay breakout ka signal milta hay,
Trading strategy using breakout indicator:
Jab prices aik large bullish candle kay sath resistance zone ko break karti hain to indicator aik blue arrow plot kar kay buy signal daita hay is main prices kay retrace honay kay baad bhi buy order place kia ja sakta hay, jo risk ratio reward ko increase karta hay, aur jab aik large bearish candle support zone ko break karti hay to indicator aik red arrow kay sath sell signals ki information daita hay, jis kay baad sell orders place kiay ja saktay hain aur stoploss ko last swing say above place kia jata hay,
Identification of valid breakouts:
Support aur resistance zone par valid breakout ko identify karnay kay liay in zones kay two ya three price test karnay hotay hain, aur jab prices in zone ko two times touch karain to ye valid zone kehlatay hain aur in kay result ki surat main jo breakout hota hay wo bhi valid hoga, jis ki waja sa price trend change ho jata hay,
Working of Breakout indicator:
Pivot points aur candlesticks ki closing prices ki strategy ko use kartay huay breakout indicator chart par support aur resistance zones draw karta hay, ye valid zone us waqt tak draw kia jata hay jab yak kay current candle zone kay opposite side close nhi hoti, candle kay close hotay hi support aur resistance kay breakout ka signal milta hay,
Trading strategy using breakout indicator:
Jab prices aik large bullish candle kay sath resistance zone ko break karti hain to indicator aik blue arrow plot kar kay buy signal daita hay is main prices kay retrace honay kay baad bhi buy order place kia ja sakta hay, jo risk ratio reward ko increase karta hay, aur jab aik large bearish candle support zone ko break karti hay to indicator aik red arrow kay sath sell signals ki information daita hay, jis kay baad sell orders place kiay ja saktay hain aur stoploss ko last swing say above place kia jata hay,