Intraday Channel Breakout Indicator For MetaTrader 5
This Old Kings indicator for MetaTrader 5 is called Intraday Channel Breakout Indicator For MetaTrader 5. Its name points to price channels and breakouts from a range. It can send alerts. It has 2 settings, for example Start Time (default 00:00) and End Time (default 03:59). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. 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 · MT5 · v1.0 · Free
About Intraday Channel Breakout Indicator For MetaTrader 5
Intraday Channel Breakout Indicator For MetaTrader 5 is an indicator for MetaTrader 5. It can alert you with a pop-up, sound, email or push message. It has 2 settings, such as Start time and End time. MQL source code included.
Files in the download: Intraday channel breakout.mq5, cb.png, Rules read this.pdf.
Settings
| Setting | Default | What it does |
|---|---|---|
| Start time | 00:00 | Start time |
| End time | 03:59 | Ending time |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · Channels & Envelopes · Alerts · MT5 Indicator · MQL5 Source Code