WebFree Download BreakOut_PANCA_EAGLE__indicator Mt4 Indicator. Browse the library of Metatrader 4 (mt4) Indicators sorted alphabetically and free download best forex mt4 … This is a breakout indicator, which is used on a daily basis to capture the price breaks out of the predefined breakout zones. While many traders are known to use it as is without changing default parameter, PANCA_EAGLE is rather a versatile tool that helps to: - better highlight and visualize the breakout zone - time … See more The indicator draws colored boxes: Red box- stretches form the beginning to the end of the breakout zone. This is a no trading zone. Traders have to wait till the red box ends. Green line - BoxBreakout Offset zone - creates … See more NumberOfDays - only affects how many days will be shown with the PANCA_EAGLE drawings on the chart, doesn't affect the … See more PANCA_EAGLE can be used in combination with other indicators mainly for filtering the direction of the breakout. Among such trend indicators is BBands_Stop_v1.mq4, … See more
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