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Breakout 5-Day HL Metatrader 4 Indicator

    This indicator is only designed to trade 5 day high low price breakouts. It draws two lines – 5 day high price and 5 day low price.

    Trading Signals

    BUY: Buy a close above the 5 day high price.
    SELL: Sell a close below the 5 day low price.


    Download the Breakout 5-Day HL.mq4 indicator

    GBP/USD 1 Hour Chart Example


    How to install the Breakout 5-Day HL custom indicator in Metatrader 4?

    • Download the Breakout 5-Day HL.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.