BreakOut PANCA EAGLE indicator is a Forex custom indicator to be used on MT4 and MT5. You can download and use this indicator for free and use it in your trading strategy. The indicator is pretty straight forward, it is recommendable to combine it with 50 periods SMA on the hourly chart for maximized results.
How to Trade with BreakOut PANCA EAGLE indicator
The indicator will plot the breakout levels based on the Asian session market movement. By the time the European session starts you will have the levels to look for to set up your breakout entries. By combining the BreakOut Panca Eagle indicator with 50 hour SMA (applied to close) you will be able to enter the market with the trend and aim for maximized results. Breakout PANCA EAGLE combined with 50 hour SMA
How to install my indicator on MT4
1. Click on Download button above
2. Save the (Breakout_PANCA_EAGLE.rar file)
3. Extract the Breakout_PANCA_EAGLE.ex4 file into the following folder: meta traderexpertsindicators
4. Restart your Metatrader platform
5. Click the “Indicators” button in Metatrader toolbar
6. Select “Custom”
7. Search and select Breakout_PANCA_EAGLE custom Indicator in “Custom” list
8. Adjust settings or press OK to add the indicator to your selected chart
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