This non-repainting breakout indicator is a combination of overbought, oversold, market reversal and classic breakout, so its signals are more powerful and efficient.

Entry rules: once we get green/red bar, wait for the normal one to appear, then draw the horizontal line of swing high/swing low point, later look for full bar break out/good break out of that line (please wait until bar is closed).

You tube video proof shows : EURUSD , GBPUSD, USDJPY & EURJPY 15 minutes chart from 01/08/2014 to 29/12/2014 (Please select HD quality down side of the video).

USDJPY15 minutes - 12 correct signal & No false signal (from 1/08/2014 to 29/12/2014),
EURUSD15 minutes - 10 correct signal & No false signal (from 1/08/ 2014 to 29/12/2014),
GBPUSD15 minutes - 8 correct signal & 1 false signal (from 1/08/2014 to 29/12/2014),
EURJPY15 minutes - 6 correct signal & 1 false signal (from 1/08/2014 to 29/12/2014).

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