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Originally Posted by hidethereal
I opened it up in MT4 and it does look like it places dots right before major breakouts. It's seems similar to the Bollinger Squeeze, but a little better.
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you have to be careful with it.
often times it will fire off a nice line of plots and then the market will run up, pause, and reverse right back through that level to make the new real trend. so beware of this when using it. you have to view that level as an area where many positions have been taken, but it isn't always indicative of direction.