sqDynamicBreakoutBox is a great indicator as well as its a non repainting indicator. I have been using this indicator from last 5 months and from what I know this indicator does not repaint. It is a useful breakout indicator which can be useful both for newbie as well as expert traders. As well, I have been following the developer of sqDynamicBreakoutBox Indicator for the last two years. Really he is very intelligent and genius person. The disagreement was for the last two years and I feel still is where and how the consolidation zone can be drawn.
The indicator was written for the system in the text format. Stair step breakout is very interesting idea this indicator is made for but it has been used in other break out techniques with dissimilar Box definition logic. The most recent, stair step breakout seems that has a group of merit in it.
In my next post, I will explain how to use this indicator so please get in touch with us to get more information. Thanks.
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