Breakout Indicator and Channel

Master Breakout Indicator

1.       Create Channel from adjustable timeframes drawing a high and low line from selected timeframe.   Times adjustable and line colors and style also adjustable.  Default color dark Blue. 

2.       Create breakout levels with alerts default set to +/- 10 Pips from Channel level.  Top Breakout level +10 pips from high of channel and Low Breakout -10 Pips from Low of channel.  Line colors and style adjustable in settings.   Pip Value also adjustable in settings.  Alert when this level is hit saying if Bullish or Bearish Breakout for Currency Pair (Name of Currency Pair). 

3.       Create Take Profit Levels for 15 Pip profit from High or Low Entry Level.  Also, pip value and line color and style adjustable.  Able to turn this feature on or off in input settings.  Alert when level is hit when turned on saying Bullish or Bearish Breakout Take Profit Level Hit for Currency Pair (Name of Currency Pair). 

4.       Create Stop Levels that are – 15 Pips from Entry for Default level.  Alert when level hit saying Bullish or Bearish Breakout Stop hit for Currency Pair (Name of Currency Pair).  Able to turn feature on or off in input settings.