Forex Trend Dynamic Breakout Trading Strategy
Forex Trend Dynamic Breakout Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is breakouts from a range and following the trend. Its source code uses moving averages. It draws arrows on the chart. It has 13 settings, for example Short Limit (default 10), Long Limit (default 20) and Price (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Trend Dynamic Breakout Trading Strategy
Forex Trend Dynamic Breakout Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 13 settings, such as Short limit, Long limit and Price. MQL source code included.
Files in the download: installation manual.txt, rsx cfb adaptive new correct.mq4, Trenddynamic.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Short limit | 10 | |
| Long limit | 20 | |
| Price | 0 | |
| Cfb norm length | 50 | |
| Cfb depth | 6 | |
| Cfb price | PRICE_WEIGHTED | |
| Cfb smooth | 8 | |
| Cfb result smooth length | 5 | |
| Cfb result smooth phase | 0 | |
| Cfb result smooth double | true | |
| Show histogram | true | |
| Show up down limit | true | |
| N | 12 |
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 · Trend · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code