Highest masterpiece hold detection indicator. Detects areas in a range-bound state. After the range-bound state, it breaks sharply either up or down.

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https://www.gogojungle.co.jp/tools/indicators/32051

Detects consolidation (range-bound) areas in the market. After a consolidation phase, price tends to break strongly in either direction.

■ Trading method using the indicator

1) When the consolidation signal appears, enter a sell near the high price area.

2) When the consolidation signal appears, enter a buy near the low price area.

The indicator is recommended for use on the 1-hour chart.

After consolidation, it breaks strongly downward from the high price areastronglyand breaks strongly upward from the low price areastrongly!

Friday, August 20, 2020

1. Compatible with all currencies. Also supports Nikkei 225 (JPN225).\n2. It is recommended to use the indicator with default settings.

3. You can adjust the number of candles used to detect the box state.

4. Can be installed on MT4.

5．Place the indicator in “MQL4” and “Indicators.” After placing the box indicator file (box indicator.ex4) in the product, please use it.

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