Point Break Indicator

Point Break Indicator

The Point Break Indicator is an advanced tool designed to identify trend changes, breakouts, and dynamic price levels through a combination of:

• OMA Adaptive Average

• Step Moving Average

• Volatility filter

• Multi‑Timeframe analysis

The indicator blends advanced smoothing techniques with volatility‑based breakout logic, allowing it to filter market noise and highlight more reliable signals.

✔ Main Features

Step Moving Average (StepMA)

At the core of the indicator is a Step Moving Average, a moving average that does not follow every small price movement but shifts only when price exceeds specific dynamic thresholds.

These thresholds are calculated using:

• volatility (ATR)

• sensitivity

• step size

This allows the indicator to:

• reduce noise

• identify real trends

• generate cleaner reversal signals

When price crosses the upper or lower band, the indicator changes direction and generates a signal.

✔ OMA Adaptive Average (smoothing engine)

The indicator uses an OMA (Optimized Moving Average) based on a modified Tilson T3 algorithm with 6 progressive smoothing levels.

This produces a moving average that is:

• very smooth

• low‑lag

• adaptive to volatility

⚙ OMA Parameters

OmaLength

extern int OmaLength = 25;

Defines the period of the adaptive OMA.

Low values:

• faster average

• more frequent signals

• more sensitive to noise

High values:

• slower average

• cleaner trends

• fewer false signals

Typical value: 20–40

OmaSpeed

extern double OmaSpeed = 2.5;

Controls the reaction speed of the average.

Recommended values: 1.5 – 3

OmaAdaptive

extern bool OmaAdaptive = true;

Enables dynamic adaptive mode.

When active, the average period is not fixed but changes based on the ratio between:

• trend signal (real movement)

• noise (market noise)

If the market is:

• Strong trend → faster average

• Sideways market → slower average

This greatly improves signal quality.

⚙ StepMA Parameters

Sensitivity

extern double Sensitivity = 0.5;

Controls how easily the StepMA changes direction.

Low values:

• more signals

• more reactive

High values:

• fewer signals

• more stable trends

StepSize

extern double StepSize = 50;

Defines the minimum movement required to change trend.

The actual size is calculated using ATR, making it adaptive to market volatility.

High values:

• fewer signals

• stronger trends

Low values:

• more reversals

⚙ Price Parameters

HighLow

extern bool HighLow = false;

Determines which price is used in the calculation.

• false → uses Close

• true → uses High/Low

When enabled, the indicator becomes:

• more sensitive to intrabar breakouts.

⚙ Noise Filter

Filter

extern double Filter = 0

Activates a statistical filter based on the standard deviation of price changes.

Used to:

• eliminate micro‑movements

• reduce false signals

If the price change is below the calculated threshold, the price is considered unchanged.

FilterPeriod

extern double FilterPeriod = 0

Number of bars used to calculate the standard deviation.

If set to 0:

• OmaLength is used automatically.

⚙ Dynamic Bands

UpPips / DnPips

These parameters create bands above and below the StepMA line.

They are useful for:

• breakout levels

• dynamic trailing stops

• support/resistance zones

⚙ Multi‑Timeframe (MTF)

The indicator can read signals from higher timeframes.

This enables:

• signal confirmation

• multi‑timeframe analysis

✔ Benefits for the Trader

• Reduced market noise

• Clearer reversal signals

• Automatic adaptation to volatility

• Multi‑timeframe confirmation

• High customization

Suitable for:

• scalping

• intraday

• swing trading

The Point Break Indicator transforms the chart into a powerful decision‑making tool, offering immediate visual signals and reliable multi‑timeframe analysis. Perfect for professional traders and enthusiasts who want to operate with precision and confidence.