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MarcoValente
9 Th10 2018 12:23

breakout and swing 

Euro Fx/U.S. DollarFXCM

Mô tả

A Price Action system that use swing point and breakout

above the black line (breakout) is long, below short
swing/support/resistance points (blue circles) are displayed after a top or botton, breaking it means an inversion
red circles try to guest a target after a top/bottom or after a swing break.
the main trend is made by the black line that is set on Day period suitable for 1h to 15m time frame , for small TF you can set a smaller period from setting command
By default a set a 40 period channel high/low (the highest and lowest 40 bar back) that is ok for 1 h or smaller tf , but look to long for daily tf, adjust it yourself
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vasu72
for intraday tell us best inputs in indicator
sami1058
@vasu72, usually i work with 15 minute time frame with rsi (60-40) 21 ema crossover result awesome
Stenio_ASAS
Hi Marco. Could you please update it to Pine v5?
Daleth9
Thank you very much, great indicator!
AYEHAN
Pls update to Pine v5
S5_Trading_Desk
nice
ckd82
You are a great trader
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