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This indicator shows under the chart when a breakout with volume have been made and candles where we were near the highest price before another breakout.

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This indicator shows when a breakout with volume have been made and candles where we were near the highest price before a possible another breakout.

The indicator must be installed under the chart.

There are two categories:

  • a green bar means there is a breakout of the last highest price with volume.
  • a blue bar means the price is near the highest price after a breakout and could make another one.

 

 

 

 

Advantages :

  • the indicator can be used in DAILY or WEEKLY timeframes.
  • a screener is available to detect actions with these configurations.

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