What is Breakout and Retest Scanner MT4?
The Breakout and Retest Scanner is an MT4 indicator designed to help traders identify and capitalize on breakout and retest trading opportunities. This strategy focuses on trading support and resistance levels, specifically looking for instances where price breaks through a previous level and then retests it.
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About the Author
This product is compiled by Elif Kaya. This author has more than +2 years of experience working on MQL5 with many famous products such as Breakout and Retest Scanner MT4, Bitcoin Expert MT4 and other products. Among them, Breakout and Retest Scanner MT4 is his best performing product.
Key Features of Breakout and Retest Scanner MT4
🔹 Multi-Symbol Auto Scanner: Scans many instruments and timeframes at once, eliminating manual chart analysis errors.
🔹 False Breakout Filtering: Focuses on confirmed break-and-retest structures to improve signal reliability.
🔹 Clear Trade Levels: Provides defined entry, stop-loss, and take-profit levels for disciplined execution.
🔹 One-Click Scan Control: Generates signals instantly by pressing a single scan button.
🔹 Mobile Alerts & Notifications: Sends real-time alerts so no valid setup is missed.
What is the Breakout and Retest Scanner MT4 Trading Strategy?
🔹 Support & Resistance Breakouts: Identifies when price breaks key levels with sufficient strength.
🔹 Retest Confirmation Logic: Waits for price to retest the broken level to validate trend continuation.
🔹 Trend Formation Detection: Confirms new support or resistance zones signaling emerging trends.
🔹 Pattern Recognition Engine: Automatically calculates levels and structures without manual input.
🔹 Stability-Oriented Framework: Prioritizes high-quality setups over frequent, low-probability trades.
Breakout and Retest Scanner MT4 Review
The Breakout and Retest Scanner automates the process of identifying potential trading setups. Instead of manually scanning numerous charts and timeframes, the indicator performs the following tasks:
🔹Automated Scanning: It scans all selected symbols and timeframes simultaneously to detect potential breakout and retest patterns.
🔹Fibonacci Calculations: The indicator may incorporate Fibonacci calculations to enhance pattern recognition and identify optimal entry, stop-loss, and take-profit levels.
Why Choose & Use Breakout and Retest Scanner MT4?
🔹 Capital Protection First: Helps traders avoid false signals and trade only confirmed structures.
🔹 Consistent Decision Support: Removes emotional bias by using rule-based scanning and alerts.
🔹 Time-Saving Automation: Replaces hours of chart watching with instant, accurate scans.
🔹 Adaptable Across Markets: Works on different symbols and timeframes with consistent behavior.
🔹 Professional Reliability: Designed for traders seeking clarity, stability, and long-term consistency.
Is Breakout and Retest Scanner MT4 Safe?
Breakout and Retest Scanner MT4 demonstrates remarkable potential in delivering stable and reliable profits, making it a reliable tool in the forex market. Breakout and Retest Scanner is highly regarded by the MQL5 community in many aspects and has gained the trust of its users.
➡️ Squidme (2025.04.11): "This indicator is really good and author is really helpful who shares signals also in mql group."
➡️ Xaxotf (2025.03.23): "This indicator is a MASTERPIECE!!! Nice and profitable!"
➡️ Ali Mohamad Almohamad (2025.03.08): "I have just bought the indicator, I will tell you the results after the experiment with all honesty and transparency."
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Indicators: Breakout and Retest Scanner MT4 v2.28_fix.ex4
Conclusion
In short, The Breakout and Retest Scanner MT4 is a highly effective and user-friendly trading indicator that empowers traders to automatically detect breakout and retest patterns across multiple timeframes and currency pairs. Built for MetaTrader 4, this tool focuses on one of the most proven strategies in technical analysis—support and resistance breakouts followed by retests—making it a powerful addition to any trader’s toolbox.
