Early Bird Breakout 2
Early Bird Breakout 2 — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range. It has 22 settings, for example IIIIIIIIIII (default <<<<< Box >>>>>), Box End (default 09:00) and Box Lenght (default 4). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 10 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Early Bird Breakout 2
Early Bird Breakout 2 is an indicator for MetaTrader 4. It has 22 settings, such as Iiiiiiiiiii, Box end and Box lenght. MQL source code included.
Files in the download: Early Bird Breakout\Box Breakout Early Bird System.tpl, Early Bird Breakout\EarlyBird_breakout.ex4, Early Bird Breakout\EarlyBird_breakout.mq4, Early Bird Breakout\Gann T3 high-low activator bars.ex4, Early Bird Breakout\Gann T3 high-low activator bars.mq4, Early Bird Breakout\Gann T3 high-low activator channel.ex4, Early Bird Breakout\Gann T3 high-low activator channel.mq4, Early Bird Breakout\Gann T3 high-low activator.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Iiiiiiiiiii | <<<<< Box >>>>> | Hora de cierre |
| Box end | 09:00 | Hora de cierre |
| Box lenght | 4 | |
| Iiiiiiiiii | <<<<< Trade >>>>> | Hora de cierre |
| Margin | 5 | |
| TP1 | 15 | |
| TP2 | 30 | |
| TP3 | 45 | |
| Iiiiiiiiiiii | <<<<< Box look >>>>> | Hora de cierre |
| Box color | LightGoldenrod | color |
| Show price | True | Muestra el precio? |
| Cl font | White | color de fondo |
| Size font | 10 | Tamao |
| Off set | 4 | |
| High low period | 10 | Period or timeframe used by the calculation |
| Close period | 0 | Period or timeframe used by the calculation |
| Hot | 0.7 | |
| Original t3 | false | |
| N | 100 | |
| M | 1.5 | |
| Shift | 1 | Bar shift (0 = current bar) |
| Frame | 100 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Breakout · MT4 Indicator · MQL4 Source Code