ib breakout: by breakout

Check out one of our founders explaining this report in the video below:

this report shows how often one side of the IB is touched, vs both sides being touched, then when neither side is touched. now lets take a look at an example of es futures ny session:

if there is a high chance for a single break, then look for one with the current trend

if there is a high chance of a double break, then look for the second break that goes with the current trend or a ranging market

why ib breakout by breakout matters:

this report tells you how often price will continue in one direction vs reverse to touch the opposite side of the range. regardless of what instrument you trade, this report can help you understand the personality of the instrument. if an instrument tends to trend, break out and continue, it'll have a higher single break number. if an instrument is more likely to bounce around in a channel, it'll have a higher double break percentage.