Breakouts are generally defined by technical analysis. These indicators establish levels or areas of consolidation where prices have been unable to move further. A breakout therefore occurs once prices move beyond the specified range. Once prices break out from this area, a position is entered in the direction of the move.
Category Archives: Breakout indicators
TDI Indicator REVISITED – with Bloodhound Tutorial
In this Indicator Spotlight, we’re looking at the Traders Dynamic Index (TDI), an indicator that combines the RSI in three (3) timeframes…
Using the Heikin Ashi Indicator for Determining Market Trends
The Heikin-Ashi indicator (sometimes spelled Heiken Ashi) is used for determining market trends, identifying short/long biases.
Improve Probability for Opening Range Breakouts
Opening range breakout strategy: In this post we discuss Toby Crabel’s narrow range analyis of daily bars to improve probability for these setups
The Squeeze Indicator: Quiet Before the Storm
A frequently discussed setup is “The Squeeze” which occurs in situations of low volatility. The Squeeze indicator is used to identify situations when…
Trading the Average Daily Range
This indicator displays support / resistance levels based on the volatility of the prior N days, i.e. average daily noise and the average daily range