FeraTrading Breakout Indicator v2

A directional breakout detection system that identifies high-probability breakouts from key structural zones, using dynamic support/resistance levels, candle behavior, and momentum alignment.

🧠 Overview:
The FeraTrading Breakout Indicator v2 scans for breakout opportunities as price interacts with adaptive support and resistance zones derived from higher-timeframe structure. It confirms directional intent using body strength, candle positioning, and RSI momentum alignment—then visualizes those moments with real-time signal arrows.

The tool dynamically adjusts its sensitivity and zone width based on user-defined settings, ensuring breakout signals are contextually filtered. Unlike typical support/resistance or signal indicators, this system blends precision structure levels with aggressive breakout validation to reduce noise and improve signal quality.

⚙️ How It Works:
Identifies key structure zones from higher timeframe sessions

Dynamically draws support and resistance levels around these zones with the help of ATR

Filters for breakout candles that:

Close decisively through the zone

Show strong body size

Align with RSI momentum bias

When breakout criteria are met:

Plots directional arrows (green for bullish, red for bearish)

Includes a “Line Multiplier” input to adjust the zone width based on volatility or market preference

🎨 Visual Behavior:
Support/Resistance Bands: Three dynamically calculated lines (high, mid, and low) represent breakout zones

Green Arrows: Bullish breakout condition detected

Red Arrows: Bearish breakout condition detected

Zone Width: Expands or contracts based on the Line Multiplier input

⚙️ Inputs:
Line Multiplier: Adjusts the thickness of the support/resistance zone

Spike Lookback Length: Defines how many candles are used to detect unusually strong candle behavior

Dynamic Arrow Strictness: Controls how selective the breakout filter is (higher = fewer, more precise signals)

📷 Visual Examples
1. Bullish Breakout from Zone (Green Arrow)


2. Bearish Breakout from Zone (Red Arrow)


3. Structure Zones Respected


🔎 Use Case Summary:
This indicator is designed for active traders seeking structured breakout confirmation from real-time levels. It works well on intraday timeframes (5–15 min), particularly during high-volume sessions like NY or London open. It can be used as a confirmation tool or structural overlay for manual setups.

It pairs especially well with volatility filters, volume overlays, or trend direction tools.