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IB + SMA(20,50|200) Breakout/Breakdown
Indicator Description:
It checks if any two SMAs combinations SMAs(20,50 or 200) crossed and formd a Inside Bar candle. Then highlight the candle with Green / Red vertical lines.
SMA Levels: Includes SMA(20), SMA(50), and SMA(200) for trend analysis.
Breakout/Breakdown Detection:
Breakout: Candle closes above any two SMAs (20, 50, 200) and formed a Inside Bar Candle.
Breakdown: Candle closes below any two SMAs (20, 50, 200) and formed a Inside Bar Candle.
It checks if any two SMAs combinations SMAs(20,50 or 200) crossed and formd a Inside Bar candle. Then highlight the candle with Green / Red vertical lines.
SMA Levels: Includes SMA(20), SMA(50), and SMA(200) for trend analysis.
Breakout/Breakdown Detection:
Breakout: Candle closes above any two SMAs (20, 50, 200) and formed a Inside Bar Candle.
Breakdown: Candle closes below any two SMAs (20, 50, 200) and formed a Inside Bar Candle.
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