Trading Software
    Menu Close

    cTrader Breakout Channel

    Product Support Available

    Introducing the Channel Breakout indicator for cTrader - a powerful trading tool that offers simplicity and robustness, the Channel Breakout indicator has become a favourite among seasoned traders. Just like the Moving Average Breakout method, it aims to capture the early trends in the market, offering you the opportunity to seize profitable trades.
    (OS) Type: Windows & Mac OS Compatible
    Current version: 1.0
    Updated: Friday, 16 June 2023
    Author: ClickAlgo Team

    Need a broker?  Open a demo account

    Educational content: Read our disclaimer

    £0.00 Incl. VAT.
    cTrader Software

    This channel breakout indicator doesn't rely on complex trend lines, indicators or trend channels created with multiple lines or Bollinger Bands. Instead, we are talking about a different type of channel that focuses on recent high and low points and their breaking points.

    In this approach, you don't need to spend time drawing trend lines or analyzing intricate indicators. Instead, you'll be able to identify significant trading opportunities by paying attention to the simple yet powerful breaking of recent high and low points.

    By understanding this channel breakout technique, you'll gain valuable skills that can enhance your trading abilities. You'll be able to spot key turning points in the market without the need for complicated tools. This straightforward method opens up a world of possibilities for traders who prefer a more streamlined approach.


    cTrader Breakout Channel Indicator


    How to Trade a Breakout?

    The breakout channel pattern occurs when the price of an asset becomes confined within two parallel levels of support and resistance. However, before we can confirm the presence of a breakout box set-up, it is crucial to ensure that both levels have been tested at least twice. This requirement plays a vital role in validating the pattern's reliability.


    How To Install & Remove

    First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install it onto the platform.


    Any Questions?

    If you have any questions, please first search our product help forum for the answer, if you cannot find it, post a new question.


    Need a Broker

    If you are still looking for a broker you can trust, take a look at our best cTrader broker site.