NVME Breakout Detector
Showcase - Main Settings - Customisation - Custom Alerts
Last updated
Was this helpful?
Showcase - Main Settings - Customisation - Custom Alerts
Last updated
Was this helpful?
NVME Breakout Detector is a pivot based indicator that helps identifies appropriate highs and lows for the user to utilise when it comes to detecting breakouts. The indicator itself is really simple and easy to use. All users have to do is use the breakout indicator to identify areas where price may reject or break through, once broken through we recommend that traders ideally wait for a retest before entering the asset. This indicator can be extremely useful to the trader as it provides them with another confirmation, a chance to enter or re-enter, and it creates an adaptive channel around the price.
NVME Breakout Detector has 2 main settings that impacts its overall ability to detect the appropriate highs and lows to be used for breakout trading. These settings come in the form of checkboxes, which gives users an easier understanding of what to have on and off as there's only one function to each input rather than multiple. Users can also have the labels printed next to each zone if they would like to or show previous breakout zones too. See more information about basic settings below.
The breakout indicator can be customised by the user by changing the highs and lows colours, the bar colour for those bars that has broken through the zones and users can have helpful tooltips to each label too. See more information about customising NVME Breakout Detector below.
NVME Breakout Detector has 4 custom alerts to utilise by you traders. These alerts can help you identify new zones that was detected and alert you if price has broken through one of your zones. See the page below for more information about using custom alerts.