Break

The idea of this indicator is to show the price trend, the pivot-based control points and possible Long and short trades.

The pivot points create levels of support and resistance , if the price breaks the resistance means that the price is bullish , if the price breaks the supports means that the price is bearish .

It shows the highs and lows based on pivot points , showing HH LH HL LL depending on the previous pivots .

A better confirmation for an uptrend is to expect higher high (HH) and then a Higher Low (HL), and for a downtrend expect Lower Low (LL) and then a Lower High (LH).

When the price breaks a previous high or low level, a signal will be triggered in that direction, it is also possible to filter these signals with a ribbon of moving averages, you can choose up to 14 different types of MA's.
Remove from Favorite Scripts Add to favorite indicators
🥇Get Access To The Best Trading Indicators Here!!!

🔰 70 % Discount Special Promotion: https://cutt.ly/Special-Promo

🔰 Telegram Contact: https://t.me/verticaltraders_io

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out