TradeBreakOut is a custom MT4/MT5 indicator coded by EarnForex.com. The indicator works based on a range maximum and minimum breakouts and displays its calculations in the form of oscillator.
TradeBreakOut supports all types of alerts and will let you know once there is zero line breakout.
More information about this custom MetaTrader indicator is available here: https://www.earnforex.com/metatrader-indicators/TradeBreakOut/
Any contributions to the code are welcome!