Blue lines are support levels, Red ones are resistance levels.
The dashed lines are candidates.
The amount of considered lines on a break through is regulated by LB paramter of the indicator.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8547
Moving Averages show the average value of the price of the symbol for a period of time.Brakeout_Trader_v1.mq4
EA that opens a trade when a candlestick closes out of the specified level on a break through. An update to the graphical treminal. But the help in code further development is necessary.