BM Failed Breakdown Signal
CATEGORY: Indicator · For NinjaTrader 8 · Price Action / Market Structure
A visual indicator that highlights levels where a range breakout fails and the price returns within the range, with a live panel showing the status of each active level.
HOW IT WORKS: Detects failed breakdown levels and displays a label on the chart that updates with each bar, showing the current phase of the level. It also includes a fixed summary panel, configurable in position, displaying the active levels.
Includes presets per instrument (MES/MNQ/MGC/MCL) with a custom mode.
WHOS IS IT FOR: Discretionary traders who want visual confirmation of market structure without having to develop their own level logic.
Technical requirements: NinjaTrader 8, any instrument with intraday data.