- Customizable breakout period
- Customizable colors and sizes
- It is non-repainting and non-backpainting
- It implements alerts of all kinds
The indicator defines three price zones:
- Buy zones are blue
- Sell zones are red
- Pullback zones are pink
- Trending zones are green
This indicator helps to confirm...
- Market structure and levels, using historical lines
- Trends, pullbacks and reversals, using zones
- Possible reversals or continuations, lines go flat
- Period - Breakout period in bars to determine a trend change.
- Multiplier - The ATR multiplier which defines the trend.
- Colors - Colors of the different price zones: buy, sell, pullbacks and trend zones.
- Alerts - Enable or disable alerts of all kinds.
