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Box Breakout Metatrader 4 Indicator

    The box breakout indicator draws a box connecting the high and low price of the predefined time period, for example 1 hour, 2 hours, 4 hours, 8 hours,…

    Trading Signals From This Indicator

    BUY: Buy a break and close above the box high price.
    SELL: Sell a break and close below the box low price.

    This indicator works best on the GBP/USD pair.

    Download

    Download the box-breakout.mq4 Metatrader 4 indicator.

    Configurable Indicator Options

    periodBegin, periodEnd, BoxPeriodColor, BoxHLColor

    GBP/USD 30 Min Chart Example

    box-break-out-forex-indicator

    How to install the Box Breakout custom indicator in Metatrader 4?

    • Download the box-breakout.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.