The SDX-Zone Breakout indicator identifies previous support and resistance levels. It then places an entry line along with profit target and recommended stop-loss.
Trading Rules
BUY: Buy 1 pip above the upper breakout line.
SELL: Sell 1 pip below the lower breakout line.
P&L: Set your stop-loss and profit target levels.
Download
Download the SDX-Zone Breakout.mq4 indicator.
EUR/USD 1 Hour Chart Example
How to install the SDX-Zone Breakout custom indicator in Metatrader 4?
- Download the SDX-Zone 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.