You can download this Forex Breakout Panca Eagle Indicator FREE as a gift from Rita Lasker. This Forex Breakout Panca Eagle Indicator is valuable for the breakout traders. This indicator visualizes and highlights the daily breakout zones as a blue zone and helps the trader to filter out insignificant breakouts. This indicator can help improve your trading discipline so that you will only trade when it is good trade and wait when you should wait.
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The green zone is a border above and below the blue zone and it gives you a warning that the breakout is about to happen. Red Zone is the zone where you should not trade at all and wait for the price to exit this zone.