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FinancialWisdom Breakout Indicator

3 718
Breakout is detected when:
1- Price is higher than previous 6 bars
2- price is above 1% of previous high and below 20%
3- price is above 20 week moving average
4- Volume is higher by 30% of 1 candle before.
5-MACD is positive

Remember indicators/strategies are there to help you in your trading and not to trade based on them solely.

Not a financial advise.
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Updated the Min Percentage and added NATR
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adjustments to the size of breakout calculations
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-Script Updates

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