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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.