Forex Joker Breakout Trading Strategy
Forex Joker Breakout Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range. Its source code uses CCI. It draws arrows on the chart. It has 10 settings, for example Gap (default 1), Period 1 (default PERIOD_M15) and Period 2 (default PERIOD_M15). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 4 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 Joker Breakout Trading Strategy
Forex Joker Breakout Trading Strategy is an indicator for MetaTrader 4 based on CCI. It draws buy and sell arrows on the chart. It has 10 settings, such as Gap, Period 1 and Period 2. MQL source code included.
Files in the download: ant-GUBreakout_V.0.4.1.ex4, free forex.mq4, installation manual.txt, joker breakout v.1.1.tpl, joker breakout.tpl, Joker.ex4, TF PSAR Bar4.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gap | 1 | Gap between the lines of bars |
| Period 1 | PERIOD_M15 | M15 |
| Period 2 | PERIOD_M15 | M15 |
| Period 3 | PERIOD_M15 | M15 |
| Period 4 | PERIOD_M15 | M15 |
| Cci 1 | 9 | |
| Cci 2 | 13 | |
| Cci 3 | 55 | |
| Cci 4 | 89 | |
| Auto display | false |
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 · Buy/Sell Arrows · CCI · MT4 Indicator · MQL4 Source Code