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DAX ReEntry Signals

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DAX ReEntry Signals

DAX Re-Entry Signals
This indicator is tested on NASDAQ and is based on session trading range breakouts with re-entry confirmations.

Main features:

Identifies session high and overnight session low for a specified time range.

Detects price breakouts of at least X points (default: 30 points) outside the range, followed by a return inside.

Long signal: Price breaks at least X points below the overnight low, then closes back above it.

Short signal: Price breaks at least X points above the overnight high, then closes back below it.

Automatic TP and SL level plotting for each signal.

Tip: At the midpoint of the range, consider moving your stop to breakeven to lock in a risk-free trade.

Usage:

Ideal for time-based breakout–pullback strategies on DAX.

Works for both manual and algorithmic trading.

The “Minimum breakout distance” parameter lets you control how strict the signals are.

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