It could use the word BREAKOUT showing where is the end of operations, or show

a line with the TP number. Gonna test it!

The product is clearly underestimated. Set the averaging period to three and you will get the (First version)   popular Identify Trend indicator ( https://www.mql5.com/en/market/product/36336   ) along with an additional channel of price fluctuations; moreover, free of charge and without restrictions on the timeframe.

The indicator is based on statistical algorithms. All tamframes are statistically similar. Therefore, the indicator works on any timeframes.   But, the smaller the tamframe, the stronger the noise level in relation to the useful signal, which can be extracted from the graph. Therefore, I personally prefer to work on large timeframes H1 or H4.   But I know that some traders use this indicator effectively on the M5 as well.

Hi, 

I’m quite new to the Forex market and doing my best to learn it properly. I agree with your opinion about the lack of quality and proper functionality of most indicators available. That’s why I would love to test and use your indicators. I’m trying to build a strategy based on price action and chart patterns. I will have your indicators help me validate and confirm before I place any trades in the market. Do you also have them available for MT5 trading platform?

Thank you

IrwinTrades192@Gmail.com

https://www.mql5.com/ru/market/product/65276  There is no time yet to rewrite them on   MT5 trading platform.