22.03.2018
Futures trading for beginners
valasholic13_BreakOutch - Indicator for MetaTrader 4
TypeIndicators
PlatformMT4
Version10
Date created13 March 2015
Date updated19 August 2017
Formatmq4
Size8.8Kb
Downloads320
Rating
It’s an indicator for the MT4 that gives information about the state of the market. It’s presented as a number of channels that correspond to the recommended areas for making the trade transactions. The left column shows the recommendations for the trader’s actions in these conditions.
The indicator marks the following levels:
- Buy Area;
- Sell Area;
- Break High Break Low - points of the expected price reversal;
- Target - the target level.
It’s recommended to use the indicator data trading with the pending orders.
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