Technical Indicators for MetaTrader 4
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MetaTrader 4
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Overview
BREAK OUT SIGNAL OSW
(METATRADER 4)
Do you want to work breaking highs and lows? this is the perfect indicator for taking signals from these types of entries.
As soon as the indicator starts, it will not show you any signal, but as the price advances, it will read the market until it finds the perfect pattern to break out.
The indicator to read the highs and lows has a special configuration for the Zig Zag, which allows taking only the most suitable ones.
Like any indicator, it does not give perfect entries, but many of the ones it gives as a result are winners and accompanied by a good technical analysis they give a very good result.
Bullish entries are colored blue and bearish entries red, each one has a suggested Stoploss and Takeprofit, with buffers perfectly set to be read, as well as being able to turn signal alerts on and off.
