Requesting A Simple Breakout Indicator

Hi All,

I am looking for a breakout indicator that would allow me to input "x" bars back and "x" pip range and that would alert me (including email option also) when the pip range has been exceeded for the number of bars back selected.

I have attached a chart indicating a typical breakout and the ensuing rebound which offer the ability to reap a fair bit of pips. I have been using this approach manually but it requires a lot of screen time to catch the moves which aren't always news related.

If such an indicator exits, please point me to it. On the contrary, if anyone would like to code one, I would greatly appreciate it.

It would be very useful if the indicator featured dynamic Fibs for the bars selected.

Any comments/ideas to enhance it would be more than welcome.

Thanks....

Is this it? Not sure if that's the kinda fibo lines you want. it's drawn based on the specified bar range.

alert and email is sent only once upon breakout.

regards,
Zen

Hello Zen,

Thank you soooo very much for taking the time to do that. That is a pleasant surprise to wake up to. It should work just fine. I will be testing it later on today and let you know.

Again, Thank You!

found a slight error in the codes.

please use this new copy instead of the old one.

regards,
Zen

Zen,

Your generosity is most appreciated. Thank you!