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Break & Retest Pro v5.1

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# Break & Retest Pro - Professional Trading Indicator

Transform Your Trading with Advanced Break & Retest Strategy Signals + SMA River Analysis + Automated Daily S&R

Break & Retest Pro is a comprehensive technical analysis tool designed for traders who want to identify high-probability break and retest opportunities with precision and clarity. This indicator combines sophisticated price action analysis with visual trend confirmation, advanced SMA River functionality, and automated daily support and resistance levels to help you execute proven trading strategies with confidence.

Perfect as a standalone indicator or as part of a collective trading system, Break & Retest Pro adapts to your trading style and complements other technical analysis tools seamlessly.

## 🎯 Key Features

Multi-Timeframe Break Analysis
- Advanced break point detection across multiple sensitivity levels
- Dynamic line plotting to visualize key support and resistance breaks
- Real-time identification of significant price structure violations

SMA River Analysis
- Professional SMA River system with advanced price smoothing
- Creates dynamic support and resistance channels perfect for price action river strategy
- Customizable transparency and colours for optimal chart clarity
- Visual "river" channel identifies trend flow and key price levels

Automated Daily Support & Resistance
- Optional automated daily S&R level detection and plotting
- Precise calculation of key daily support and resistance zones
- Clean, professional line display with customizable appearance
- Perfect complement to dynamic river levels for comprehensive market analysis

Visual Trading Signals
- Clear buy/sell arrow indicators for easy trade identification
- Customizable arrow display with toggle on/off functionality
- Color-coded signals that adapt to market conditions

Trend Direction Display
- Real-time trend status table showing current market direction
- Daily timeframe trend analysis for higher probability setups
- Customizable colour schemes for bullish, bearish, and neutral conditions

Professional Customization
- Adjustable line styles (Solid, Dashed, Dotted) for personal preference
- Customizable colours for all visual elements
- Clean, uncluttered chart presentation

## 📊 What You Get

Break & Retest Lines: Dynamic horizontal lines that appear when significant levels are broken, helping you identify key breakout zones and prime retest areas for high-probability entries.

SMA River System: A sophisticated moving average channel that creates a visual "river" on your charts. The river provides dynamic support and resistance levels, perfect for implementing price action river strategies. Watch for price interactions with these dynamic levels for high-probability reversal and continuation setups.

Automated Daily S&R Levels: Optional automated detection and plotting of key daily support and resistance zones. These static levels work in harmony with the dynamic river system to provide both fixed reference points and adaptive price levels for comprehensive market analysis.

Directional Arrows: Precise entry signals that appear when key levels are breached, providing clear visual cues for potential long and short opportunities. Trade these signals immediately as breakout entries, or wait for pullbacks to the broken levels for enhanced risk-to-reward ratios.

Trend Table: A compact display showing the current trend direction based on daily price action analysis, helping you align your trades with the broader market momentum.

## 🔧 Fully Customizable

- Line Appearance: Choose from multiple line styles and adjust thickness to match your charting preferences
- SMA River Settings: Customize river length, colours, transparency, and fill options
- Daily S&R Options: Toggle automated daily support and resistance on/off with customizable colours and line styles
- Colour Schemes: Customize all colours including trend display, arrows, swing point lines, river components, and daily S&R levels
- Toggle Controls: Enable or disable arrows, trend display, SMA, river components, and daily S&R independently
- Clean Interface: All settings organized in logical groups for easy configuration

## 📈 Perfect For

- Day Traders: Identify intraday break & retest setups using both dynamic river levels and automated daily S&R zones
- Swing Traders: Spot multi-day level breaks and retest opportunities enhanced by comprehensive support and resistance analysis
- Position Traders: Confirm longer-term trend direction and optimal entry points with multiple layer analysis
- Price Action Traders: Implement advanced strategies using dynamic river levels combined with static daily S&R zones
- All Experience Levels: Intuitive visual signals suitable for beginners and professionals

## 💡 Why Choose Break & Retest Pro?

This indicator eliminates the guesswork from break & retest trading by providing objective, rule-based signals based on proven price action principles. The combination of dynamic SMA River levels and optional automated daily support and resistance creates a complete multi-layered analysis system that works perfectly as a standalone indicator or integrates seamlessly with your existing trading collective.

The multiple sensitivity levels ensure you catch both minor level breaks and major trend changes, while the dual support and resistance system (dynamic river + automated daily S&R) provides continuous market reference points. The trend display keeps you aligned with the dominant market direction, creating a comprehensive trading environment.

The clean, professional presentation ensures your charts remain uncluttered while providing all the essential information needed for confident trading decisions, whether you're trading individual setups or coordinating with multiple indicators in your trading system.

## 🌊 Advanced Support & Resistance Integration
The indicator combines two powerful support and resistance methodologies:

Dynamic SMA River System:
- Advanced channel system creates powerful adaptive price levels
- Flow direction and intensity indicate trend strength
- Perfect for bounce plays and trend continuation setups
- Multi-timeframe river analysis for comprehensive market view

Automated Daily S&R Levels:
- Precise calculation and plotting of key daily support and resistance zones
- Static reference levels that complement dynamic river analysis
- Optional toggle for clean chart presentation
- Perfect for identifying major breakout and reversal zones

Combined Strategy Benefits:
- Multi-layer analysis combining adaptive and static levels
- Enhanced confluence identification when dynamic and static levels align
- Comprehensive market structure understanding
- Flexible approach suitable for all trading styles and timeframes

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