SR Breakup Indicator it is an indicator based on support and resistance. It makes price breakout levels visible by opening the trader's mind to spot market opportunities. ⭐⭐⭐⭐⭐
Attention!!! This Indicator can be used in any time frame.
Suggestion of use
- Wait until the support and resistance lines are horizontal and closer.
- Do Trade (BUY): if price breakout resistance level (outside line).
- Do Trade (SELL): if price breakout support level (outside line).
- Use internal lines as StopLoss or Pullback (Optional).
- Period: number of candles to analyze ✅
- Inside Lines %: percentage of support and resistance inside ✅
- Outside Lines %: percentage of support and resistance outside ✅
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