Description
This is a very rare but useful indicator of Multicharts.
It can grab the oscillation area over a period of time and draw it out on the main chart.
When the oscillation zone is broken out, an arrow will appear.
In addition, it can be used for reversal purposes.
Sometimes a false breakout in the consolidation zone can also be used as an opposite signal.
(A breakout but then followed a quick fall back into the zone, or even a reverse breakout)
Therefore, it is a valuable indicator for traders.
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