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Price Breakout

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This indicator can be used on any market. It identifies a price breakout when the price moves up (or down) preset number of historical price points. If the price is moving up, the breakout will indicate with an 'H' above the breakout price bar. If the price is moving down, the breakout will indicate 'L' below the price bar. It used closing price. The historical price bars can be configured, default is last 10 price bars. Indicator works on daily, weekly or monthly price charts.
Notes de version

This script indicates when a price breaks out (above or below) from the current price. Breakout period can be a variable.

snapshot

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