IKODO Breakout Strategy

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📈 IKODO Breakout Strategy – Customizable Candle-Based Breakout Detector

This indicator is designed to detect breakout opportunities based on your preferred candle range.
Whether you're a scalper looking for short-term moves or a swing trader waiting for longer consolidations, you can fully customize the number of candles used to define the breakout window.

🔧 Features:

Adjustable breakout period (define how many candles the price should consolidate before a breakout is valid)

Works on all timeframes and assets

Ideal for identifying breakout zones and potential trend initiations


🎯 How It Works: The indicator analyzes price action within the defined candle range and highlights breakout points when price exceeds the established high/low thresholds.
This gives traders clear signals when a breakout from a range is statistically significant.

💡 Tip: Combine with volume or momentum indicators for more confluence.

Not Financal advice

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