valasholic13_BreakOutch - Indicator for MetaTrader 4
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.