Forex Super Day Breakout Trading Strategy
From the Old Kings archive: Forex Super Day Breakout Trading Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around breakouts from a range. In the code it works with moving averages and ATR. It draws arrows on the chart. It has 8 settings, for example Bands Period (default 20), Bands Shift (default 0) and Bands Deviations (default 2.0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 Day Breakout Trading Strategy
Forex Super Day Breakout Trading Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart. It has 8 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: BandsBandwidth.mq4, channel breakout for day trading.tpl, channel-breakout-entry.mq4, channel-breakout-entry.zip, installation manual.txt, superscalper.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands shift | 0 | Bar shift (0 = current bar) |
| Bands deviations | 2.0 | |
| Range1 | 10 | |
| Range2 | 20 | |
| Range3 | 55 | |
| Atr factor | 2 | |
| Atr range | 14 |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code