The Chin Breakout Alert Metatrader 4 indicator draws a rangebound market levels. Users of this tool will get an alert when there’s a breakout in the range occuring.
How to trade with Chin Breakout Alert indicator?
You can benefit with this indicator in simple but effiecient way. Look for long opporunities (buy) at the break of high level (blue). Look for short opporunities (sell) at the break of low level (red).
How to install this indicator on your Metatrader trading plaftform?
- Download the indicator by clicking “LINK” button at the bottom of this post.
- Copy and paste the Chin Breakout Alert indicator files into following folder of your Metatrader 4 platform: MQL4 > Indicators.
- You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
- Restart your Metatrader 4 Client.
- Select Chart and Timeframe where you want to test the indicator
- Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
- Right click on Chin_Breakout_Alert.mq4 and than click “Attach to the chart”.
- You can modify settings if you need and than click ok.
- The indicator is ready and running on the chart.