Description

Features
No repaint indicator
This indicator does not change its values when new data arrives
Trading pairs
Any currency pair
Time frame
H1 is preferable, but you can adapt it to any timeframe
Trading time
Around the clock

Requirements
The use of an ECN broker with tight spreads for scalping some positions is mandatory.

Don’t trade on medium impact and high impact news release time.

How to install
Attach the indicator to the preffered trading pair (H1 is recommended).

Configuration
Indicator settings:

Here you can modify the parameters of the indicator to adopt the strategy that works best for you.

Additional settings:

Here you can change the colour of the different parts of the indicator. You can also change the configuration of the alerts.

How to use it
When you see the box breakout arrow in the chart then you have to take buy or sell trade.

You have to close the trade when the candle touches the trend line.

When the trend line and the snr line touch each other at the same level, then that would be an ideal level to book profit.

When the trade line is far away from each other, in that situation, that trade will give you more profit. And when the trade line is less than each other, in that situation, that trade will give you less profit.

You have to set the stop loss at the bottom line of the breakout box.