Level Break Count “LBC” calculates and tracks the number of “breaks” of historical price levels based on OHLC price action. It displays a conditional color-painted oscillator on the chart sub-graph to provide signals to the user. The oscillator provides a quick visual means for identifying trend strength, potential trend continuations, and turnaround points.
Features include optional style formatting along with custom level & signal settings.
NOTE: This product is intended for use as part of the Meat & Potatoes trading system and is intended for use by traders familiar with that system.
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