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Lou has just posted such an indicator and first impressions it looks pretty good h Lux.
Breakout panca eagle indicator for MetaTrader.
Best MT4 indicators at Forex indicators guide.
4 Breakout zone are placed and viewed on the chart as colored gray areas.
Purple l ines appear above and below the zone and remain for the rest of the day.
Download the Breakout Box Technical Indicator for MetaTrader Box Breakout indicator @ Forex Factory
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