The Break Out Panca Eagle Indicator 1.1 is a powerful and useful Forex trading tool that is popular among MT4 traders. It is a free indicator that helps traders identify potential break out opportunities in the Forex market. The indicator is based on the Panca Eagle Breakout Strategy which is a very popular and successful Forex trading strategy. The Break Out Panca Eagle Indicator 1.1 works by plotting two lines on the chart. The first line is the break out line, which is a horizontal line that is drawn at the highest high or the lowest low of the past few bars. The second line is the confirmation line, which is a horizontal line that is drawn at the highest high or the lowest low of the current bar. When the price breaks above or below the break out line, it indicates a potential break out opportunity. Overall, the Break Out Panca Eagle Indicator 1.1 is a powerful and useful Forex trading tool that is popular among MT4 traders. It is a free indicator that helps traders identify potential break out opportunities in the Forex market. It is easy to use and can be used to identify potential entry and exit points, support and resistance levels, and trend reversals.

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