Chin Breakout Alert Indicator
Platform: MT4 Type: Market Levels Last update: November 24, 2024The Chin Breakout Alert Indicator for MT4 draws two horizontal blue and pink lines defining a rangebound zone. These market levels can be utilized in an breakout strategy – users will even get an alert whin this occurs.
The approach here is super simple and when price breaks upper support or lower resistance line, forex traders should take advantage of respective sell or buy trade opportunity.
Example chart:
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