I would kindly seek help in the development of a Breakout signal indicator based on the combination of three Indicators namely , Breakout
Pattern Indicator , RenkoStreet Trend Indicator and smfisherTransform3 Indicator.
Firstly the Breakout Pattern Indicator is applied on a 1HR chart ,When i am altered of a Buy Signal on a 1HR Chart by the Breakout Pattern Indicator.
I then proceed manually to confirm the authenticity of the trade against the RenkoStreet Trend Indicator and smfisherTransform3
Indicator on H1 , H4, D1 AND WEEKLY.
Buy Rules :
1) Breakout Pattern Indicator = Blue
2) RenkoStreet Trend Indicator = Green
3) smfisherTransform3 Indicator = Green
Sell Signal :
1) Breakout Pattern Indicator = Red
2) RenkoStreet Trend Indicator = Red
3) smfisherTransform3 Indicator = Red
The authenticity of a buy trade will be confirmed when the mentioned rules are met when and in this case of a Buy signal the colour on the
Momentum will be Green.
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