Hello,
I appreciate all the great stuff that's posted in the Indicators thread, and I was looking to test some for my VT trader.
However I found this "Hans123 Simple Combined Breakout System" indicator listed, but I couldn't find any details or description regarding it.
If you please explain to me the concept of the system, I see some buy / sell arrows and some labeled exits but I do not know understand how can I use it?
Is it basically a signal on a breakout of S or R..?
The main question is which timeframe should I use for this breakout system?
I appreciate your help,
Thanks everyone.
I appreciate all the great stuff that's posted in the Indicators thread, and I was looking to test some for my VT trader.
However I found this "Hans123 Simple Combined Breakout System" indicator listed, but I couldn't find any details or description regarding it.
If you please explain to me the concept of the system, I see some buy / sell arrows and some labeled exits but I do not know understand how can I use it?
Is it basically a signal on a breakout of S or R..?
The main question is which timeframe should I use for this breakout system?
I appreciate your help,
Thanks everyone.
Forex is not easy!