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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.