Breakout Candles V2

27. Sept. 2020

Enhanced Breakout Candles indicator. On top of existing Breakout Candles, this also identifies stop and target distance based on trend.

27. Sept. 2020

Versionshinweise

Minor adjustments to default values

28. Sept. 2020

Versionshinweise

This is extension of Breakout Candles indicator. Following are enhancements.

• Added different calculations for UpTarget and DownTarget based on trend. (Supertrend is used for calculating trend)
  
• Added option to display as channel instead of target points
  
• Added display options : Targets, Target Channel, Target with Stops, Up Channel, Down Channel
  
• Targets is regular target markers based on Candle Breakouts
  
• Target Channel is also existing feature where it shows Up Target and Down Target as channel
  
• Target with Stops calculate Stop value based on ATR multiplied by stopMultFactor. This can be used as initial stop loss while placing Stop pending order.
  
• Up Channel is channel made up of Up Target and respective stops
  
• Down Channel is channel made up of Down Target and respective stops
  

20. Nov. 2020

Versionshinweise

Added alert condition upon request