Forex Breakout Two Trading System
Forex Breakout Two Trading System — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range. It can send alerts. It has 21 settings, for example Author (default www.Forex-Breakout-Syste), Asia Box Start (default 22:00) and Asia Box End (default 1:00). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Forex Breakout Two Trading System
Forex Breakout Two Trading System is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Author, Asia box start and Asia box end. MQL source code included.
Files in the download: Breakout.mq4, installation manual.txt, RD-PivotLines.ex4, Templete breakout 2.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Author | www.Forex-Breakout-System.com | |
| Asia box start | 22:00 | |
| Asia box end | 1:00 | |
| Asia box cancel | 3:00 | |
| Asia offset pip | 0 | |
| Asia offset percent | 10 | |
| Asia color | Yellow | Colour on the chart |
| London box start | 03:00 | |
| London box end | 06:00 | |
| London box cancel | 11:00 | |
| London offset pip | 0 | |
| London offset percent | 10 | |
| London color | Goldenrod | Colour on the chart |
| Ny box start | 10:00 | |
| Ny box end | 12:00 | |
| Ny box cancel | 16:00 | |
| Ny offset pip | 0 | |
| Ny offset percent | 10 | |
| Ny color | Fuchsia | Colour on the chart |
| Times are gmt | TRUE | |
| Show days | 10 |
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 · Alerts · MT4 Indicator · MQL4 Source Code