Third Line Breakout - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

Three-line breakout chart. Steve Nison describes this method in the book Japanese Candlestick Techniques. "Three Line Breakout" combines the qualities of a "Tic-Tac-Toe" chart with a standard line or bar chart. - Free download of the "Three Line Breakout" indicator for MetaTrader 4 by "Scriptor" in the MQL5 code base, May 16, 2016
Attachment download
📎 Three_Line_Break.mq4 (4.15 KB)
Source: MQL5 #7580
Third Line Breakthrough - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Third Line Breakthrough - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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