Breakout Eagle

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Breakout Eagle


Breakout Eagle Indicator


The Breakout Eagle indicator shows the expected support and resistance levels, which are calcualted using the highest and lowest rates of the previous trading session. You may specify the zero-time reference in the indicator settings.

The Breakout Eagle Indicator indicator uses the following formulas:

Support = min (LOWs of the previous trading session)
Resistance = max (HIGHs of the previous trading session)






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BreakoutEagle.act BreakoutEagle.act (4.34 KB, 1,873 views)

User Comments

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No Member Photo by marco85 posted Friday, June 04, 2010
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hi time is not valid?
No Member Photo by Benjamin Hoover posted Wednesday, April 07, 2010
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Do you launch it in the Strategy Editor? It looks like that. You should launch it in the Indicator Editor, as it is an indicator, not a strategy. Regards Benjamin Hoover
No Member Photo by BABA posted Thursday, March 25, 2010
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I get the following message when trying to lunch the Breakout Eagle:

MESSAGE
Compilation Error: Undeclared identifier: 'Embedded'
Line: 12, Column 18

How can I fix this? your help is appreciated.

Thnx
No Member Photo by Admin posted Thursday, February 18, 2010
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There is not enough chart data to calculate the Breakout Eagle values on the 5 min or 1 min chart. For this reason, the indicator cannot be displayed.
No Member Photo by Gregor Anton posted Wednesday, February 17, 2010
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Great indicator! 

Works fine on the hourly chart but for some reason the 5 min chart doesn't display it?

Gregor Anton
www.ForexCurrencyDayTrader.com
No Member Photo by Usd posted Monday, February 15, 2010
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I wrote a strategy using this indicator. You may find it here:

http://www.actfx.com/Download50089.aspx
No Member Photo by Usd posted Thursday, February 04, 2010
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Thanks a lot! I was planning to write this indicator, but I did not get 
down to it.


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