After many months of hard work and dedication, we are extremely proud to present you our Break and Retest price action indicator created from scratch. One of the most complex indicators that we made with over 1,400 lines of coding!
The key idea behind our Break and Retest strategy is to wait for the price to break through a support or resistance level, and then go back to that level, to retest it. Now, before entering the trade, our indicator looks for wick rejections indicating that traders are actively defending this retest level. After successfull wick rejections, we wait for the candle continuation to finally get buy & sell signals telling us to enter the trade!