Description
The Break Out Candles indicator is very simple. Highlight and color red or green the candles that break the previous highs or lows. It colors the candles that break the previous lows red and therefore highlights the possible bearish trend and the breaking of a bearish structure. Instead, it colors the candles that break the previous highs green, consequently highlighting a possible positive trend and the breaking of an upward structure.
We recommend, also for this indicator, not to use it alone but to combine it with others to create the "perfect" input set up.