Fmcbr Indicator Patched <HIGH-QUALITY · 2024>

// Candle Breakout Ratio br = (close > fibPrice) ? (close - fibPrice) / (high - low) : 0

Standard target level indicating strong trend completion. fmcbr indicator

Filters momentum; levels above -30 confirm strong uptrends, below -70 confirm downtrends. Standard (e.g., 14 Period) // Candle Breakout Ratio br = (close &gt; fibPrice)

: Wait patiently for a minor pullback into the entry level rather than chasing the breakout candle. levels above -30 confirm strong uptrends