Breakout Candles V2

٢٧ سبتمبر ٢٠٢٠

Enhanced Breakout Candles indicator. On top of existing Breakout Candles, this also identifies stop and target distance based on trend.

٢٧ سبتمبر ٢٠٢٠

ملاحظات الأخبار

Minor adjustments to default values

٢٨ سبتمبر ٢٠٢٠

ملاحظات الأخبار

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
  

٢٠ نوفمبر ٢٠٢٠

ملاحظات الأخبار

Added alert condition upon request