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Breakdown horizontal-index of the horizontal along with its own breakdown. it’s based on a comparison of two different phases of the “Average True Range” (ATR) indicator and the maximum span for ‘n’ – periods. Draws a flat corridor and signals its breakdown. fairly often, after cost consolidation, a breakout occurs over a significant distance, which makes it feasible to use the indicator into your trading strategy both individually and together with other signs (methods) of entering the market. The indicator is not redrawn, it’s possible to use it in experts. Settings have to be entered for both 4-digit quotations, 5 and 3 are automatically converted to 4 characters.

  • FastATR – period of the fast ATR.
  • slowatr – The period of slow ATR.
  • multrangeslowatr-Slow ATR multiplier for the price swing filter in the corridor. The smaller the multiplier, the thinner the corridor.
  • countflatbars – The number of bars to study.
  • Indent-Indent in points from the minimum and maximum prices in the corridor.
  • barslimit – Limit of calculated bars (0-disabled). To optimize the operation of the indicator.
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