Breakout Tests & Retests
Breakout tests and retests: a close through a swing level and the first time price comes back to it, marked as held or failed.
How to read it
- The breakout is a close through a swing level (break of structure).
- The retest holds when the bar closes on the breakout side, and fails otherwise.
- Held retests are common continuation entries; failed ones warn of a fake breakout.
Key settings
- Pivot length 5.
- Retest within 30 bars, tolerance 0.1 × ATR; 6 objects kept.
Good to know
- Drawn on the price pane, over the candles.
- Computed on the loaded candles of the chart timeframe; levels are set on closed bars.