Forex Super Breakout Trading System
From the Old Kings archive: Forex Super Breakout Trading System, an indicator for MetaTrader 4. Its name points to breakouts from a range. In the code it works with moving averages and CCI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 27 settings, for example A period (default 14), B period (default 6) and neutral (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Super Breakout Trading System
Forex Super Breakout Trading System is an indicator for MetaTrader 4 based on Moving Average and CCI. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 27 settings, such as A period, B period and Neutral. MQL source code included.
Files in the download: breakout strategy.tpl, CCI_Woodies_Lnx_HMA_v2.mq4, installation manual.txt, wajdyss_T3_indicator_v3.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| A period | 14 | Period or timeframe used by the calculation |
| B period | 6 | Period or timeframe used by the calculation |
| Neutral | 5 | |
| Num bars | 500 | |
| Period | 20 | Period or timeframe used by the calculation |
| Factor | 2.0 | |
| Period divider | 2.0 | Number of bars in the calculation |
| Smoothing power | 0.5 | |
| Method | 3 | |
| Price | 0 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Size | 2 | |
| Cci size | 2 | |
| Tcci size | 1 | |
| Histo size | 2 | |
| Line size | 2 | |
| Ma period | 14 | Period or timeframe used by the calculation |
| B | 0.7 | |
| Note1 | -------------- | |
| Alert | true | Turn this alert on or off |
| Note2 | -------------- | |
| Text size | 14 | |
| Text color1 | White | Colour on the chart |
| Text color2 | Yellow | Colour on the chart |
| Text color3 | Aqua | Colour on the chart |
| Text color4 | Red | Colour on the chart |
| Text color5 | Chartreuse | Colour on the chart |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · CCI · MT4 Indicator · MQL4 Source Code