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valasholic13_BreakOutch - Indicator for MetaTrader 4

valasholic13_BreakOutch
TypeIndicators PlatformMT4 Version10 Date created13 March 2015 Date updated19 August 2017
Formatmq4 Size8.8Kb Downloads308 Rating
3 of 5
based on 92 rates

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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