Range Breakout Indicator with Multi Symbol lookup Conditions

- Range: Start time, end time, session period (custom source code available for incorporation)

- Range Breakout condition:

 Body of the bar must close above the range (which means breakout with wicks will not be considered as breakout)

- Supertrend filter: ATR Period, Multiplier (Source Code Available for incorporation)

- Correlating Pairs filter:

Pair 1 -Positive Correlation

Pair 2 -Negative Correlation

Buy Entry Signal Conditions: IF

Range Breaks UP + Supertrend = BUY  in Pair 1 -Positive Correlation

AND

Range Breaks DOWN + Supertrend = SELL in Pair 2 -Negative Correlation

AND

Range Breaks UP + Supertrend = BUY in in the basic trading pair on which the indicator is applied

THEN

Whenever all above conditions become true= Print BUY SIGNAL (Solid Arrow below the bar)

Sell Entry Signal: IF

Range Breaks DOWN + Supertrend = SELL in Pair 1 -Positive Correlation

AND

Range Breaks UP + Supertrend = BUY in Pair 2 -Negative Correlation

AND

Range Breaks DOWN + Supertrend = SELL in the basic trading Pair on which the indicator is applied

THEN

Whenever all above conditions become true  = PRINT SELL SIGNAL (Solid Arrow below the bar)

Other Options Required

History Bars 100000+

Push Alerts, sound alerts, Mobile Alerts