Box Breakout

An indicator that involves "breaking boxes" could refer to a box breakout strategy, often used to identify price consolidations and subsequent breakouts. Here's how it works:

Box Breakout Indicator
What is it? A box breakout strategy involves identifying a range-bound price movement (a consolidation phase) that forms a "box" on the chart. The price moves within a defined high and low range for a period of time, creating the top and bottom edges of the box.