BPR + SFP indicator ICT in MT4 Download - Free - [TradingFinder]

This indicator combines the BPR and SFP patterns. The integration of these two patterns in technical analysis aids traders in identifying strong market trends and finding optimal entry points.

Based on market behavior and traders’ reactions to key price levels, this pattern operates through swing failures, breakouts, breakout confirmations, and retracements. Green and red arrows mark these to give traders entry signals and trend reversal alerts.

BPR + SFP Specifications Table

The details of the Swing Breakout Indicator with Price Range are presented in the table below:

Bullish Trend Conditions

The chart below displays the USD/JPY currency pair in a 30-minute timeframe.

Green arrows representbuy signals and typically appear when the market is poised for an upward movement after a valid breakout.

Bearish Trend Conditions

The chart below shows the EUR/CAD currency pair in a 4-hour timeframe.

Red arrows indicateprice declines, allowing traders to analyze all breakouts accurately and avoid mistakes.

Indicator Settings

The table below contains information about the settings of the Swing Breakout Indicator with Price Range:

• Setting: Description;
• The color theme of the chart and object: Chart color theme;
• Candles to check: Candle analysis;
• Object prefix: Object classification code;
• SFP mode: SFP Mode;
• BPR show: Display BPR;
• BPR SFP shows: Display BPR + SFP.

Conclusion

The SFP + BPR combination is an effective indicator for identifying market entry points, reducing the risk of false breakouts.

This methodhelps traders detect fake breakouts and take positions immediately.