The Break Out Candles indicator is very simple. Highlight and color the candles that break the maxima or the previous minimums red or green. It colors of Red the candles that break the minimums precedents and therefore evidences the possible bearish tendency and the rupture of a structure. Green colors instead candles that break the previous maxima , therefore highlights a possible positive trend and the break of a structure.
We advise , also for this indicator, not to use it alone but combining it with others to create the “perfect” input set up.
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