Support Resistance Breakout Arrows Indicator



The Support Resistance Breakout Arrows Indicator is essential for forex traders using breakout trading strategy. This indicator combines three technical analysis tools – Fractals, Commodity Channel Index (CCI), and Relative Strength Index (RSI) – to generate buy and sell arrow signals. It also automatically draws major support and resistance levels on the chart, allowing traders to identify potential entry points during strong trends.

For example, in the screenshot, you can see a pink arrow for Sell signal and a blue one for Buy signal.
The blue dotted line shows Resistance level (A resistance level is the price point at which an asset is expected to experience significant selling pressure, hence failing to break above.)
The red dotted line shows Support level (A support level is the price point at which an asset is expected to experience significant buying pressure; hence, it fails to break below.)


Here is the " Support Resistance Indicator" download link:

https://www.karldittmann.com/support_resistance_indicator/support_resistance_indicator.zip

Support Resistance Breakout Arrows Indicator - User Guide

(PDF Guide - Please read the trading rules before using the indicator!)


Here is the song that I dedicate to you traders. Each and
everyone of you is a VIP member of our lovely forex community...

 

Goodbye Song
from Karl Dittmann

Dear Traders

For many years, we have walked side by side, navigating the waves of the forex market. I appreciate the support of each and every one of you who has been by my side all this time. I have decided to write you a farewell song about our long and challenging journey, showcasing that you are the strength that has pushed me to grow all these years.

Legendary Era - Karl Dittmann's Goodbye (mp3)

(to download .mp3 - right click -> save)


SONG LYRICS:

Dear Traders, we've been through it all
Riding forex waves, standing tall
Trend lines, candlesticks, and indicators galore
Together we've navigated, forevermore

Scalping, day trading, we've done it all
Stoploss, takeprofit, heeding the call
Pips and profits, the journey's been grand
With my tools by your side, you understand

For years we've thrived, creating anew
Indicators and alerts, just for you
Premium products and gifts, freely shared
A community of traders, deeply cared

Dear Traders, we've been through it all
Riding forex waves, standing tall
But now, times are changing, it's true
Your friend in trading, Karl Dittmann, stays with you

The future's uncertain, but one thing's clear
I'll always be here, year after year
And if the stars align, and the time is right
I might return, with tools of great might

Scalping, day trading, we've done it all
Stoploss, takeprofit, heeding the call
Our journey continues, come what may
Together we'll trade, day by day

Dear Traders, you're family, now and always
Through forex adventures and market forays
Will I come back? Only time will tell
But know that I'll always wish you well

Please send your feedback to karl@karldittmann.com
I'll be very happy to know what you think about it!