Range Breakout Indicator Color for In-Range Values

Summary

The document gives one rule for a range breakout indicator: when the measured range size falls between configured minimum and maximum thresholds, the indicator displays its first color, identified as blue.

It does not define how the range is measured, specify the thresholds, explain what other colors signify, or describe how to trade from the signal. No examples, performance evidence, or validation are provided, so this note is useful only as a brief description of the indicator’s visual output.

Key ideas

• The indicator displays blue when range size is between the minimum and maximum settings.
• The text does not explain how range size is calculated.
• No trading rules or evidence of performance are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.