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Break Inner Bar signal

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The indicator reflects the signals of the strategy “Internal day and breakout game”, described in the book by Kathy Lin “Day Trading in the Forex market. Profit-making strategies.

When an internal bar appears, the indicator builds a range based on its maximum and minimum using horizontal lines. When the level is broken, a signal is generated to open a position.

The indicator has only one input parameter-Inner bars. It determines the minimum number of internal bars that must be formed before the range is broken.

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