Enhanced Breakout Candles indicator. On top of existing Breakout Candles, this also identifies stop and target distance based on trend.
Phát hành các Ghi chú
Minor adjustments to default values
Phát hành các Ghi chú
This is extension of Breakout Candles indicator. Following are enhancements.
Added different calculations for UpTarget and DownTarget based on trend. (Supertrend is used for calculating trend)
Added option to display as channel instead of target points
Added display options : Targets, Target Channel, Target with Stops, Up Channel, Down Channel
Targets is regular target markers based on Candle Breakouts
Target Channel is also existing feature where it shows Up Target and Down Target as channel
Target with Stops calculate Stop value based on ATR multiplied by stopMultFactor. This can be used as initial stop loss while placing Stop pending order.
Up Channel is channel made up of Up Target and respective stops
Down Channel is channel made up of Down Target and respective stops
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