Jebatfx Breakout Trendline Indicator
Platform: MT4 Type: Trend Last update: October 24, 2024The Jebatfx Breakout Trendline Indicator for MT4 is responsible for drawing two trendlines accounting both bullish and bearish potential setup.
The idea for trading with this tool is taking advantage of trendline breakout. It automatically places these lines and depending on onwards price action, trades should place long or short position.
If there is breakout to the top, suggested take profit target is at bold horizontal green line. Conversely, when it happens to the bottom, suggested take profit target is at red one.
Example chart:
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