Enhanced Breakout Candles indicator. On top of existing Breakout Candles, this also identifies stop and target distance based on trend.
Release Notes:
Minor adjustments to default values
Release Notes:
This is extension of Breakout Candles indicator. Following are enhancements.
- Added different calculations for UpTarget and DownTarget based on trend. (Supertrend is used for calculating trend)
- Added option to display as channel instead of target points
- Added display options : Targets, Target Channel, Target with Stops, Up Channel, Down Channel
- Targets is regular target markers based on Candle Breakouts
- Target Channel is also existing feature where it shows Up Target and Down Target as channel
- Target with Stops calculate Stop value based on ATR multiplied by stopMultFactor. This can be used as initial stop loss while placing Stop pending order.
- Up Channel is channel made up of Up Target and respective stops
- Down Channel is channel made up of Down Target and respective stops
Release Notes:
Added alert condition upon request
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