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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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Published

15 May 2013

Updated

16 May 2013

Current Version

1.1

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8601567 February 18, 2021 7:22 am
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Cant grumble for 10 bucks. It can just what it says it would do and that is all I request. The impulses are few and also you do need to look at in which the cost is before you decide to jump in.