Indicators

BreakoutDNA

Developer: Nathaniel Alsbrooks

The BreakoutDNA indicator is used to identify candlestick breakout areas.  The indicator allows the trader to zoom in and identify the breakout candlestick and any time the current price breaks above or below that bar, a trading opportunity may exist.

INPUTS

The following are inputs available in the application:

  • Short EMA – The number of periods to calculate the short EMA
  • Long EMA – The number of periods to calculate the long EMA
  • Signal line – The number of periods to calculate the signal line
  • MACD Shift – The number of periods to shift the secondary MACD line to the left
  • Label Color: Color of the text labels printed on the chart
Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).

Forex Capital Markets, LLC. (“FXCM LLC”) is an independent legal entity and is not affiliated with Nathaniel Alsbrooks. Nathaniel Alsbrooks is not an employee, agent or partner of FXCM LLC.