Tag: breakout indicators


Guppy Multiple Moving Averages Indicator MT4

The Guppy Multiple Moving Averages (GMMA) Indicator for MT4 is a forex technical indicator that exploits moving average ribbons in the context of potential price breakouts of a currency pair. It was originally introduced by an Australian trader named Daryl Guppy, hence, the name of that tool. There are 13 Exponential Moving Averages (EMAs) to […]

TZ Breakout Indicator MT4

TZ Breakout Indicator for MT4

The TZ Breakout Indicator for MT4 defines forex support and resistance levels that the price can next break through and thus generate trading signals, plus it’s available for free download. In order to utilize that tool properly, one should be familiar with price action patterns. Experienced forex traders may use it right away, while beginners […]

Fractal Channel Indicator MT4

Fractal Channel Indicator for MT4

Introduction to the Fractal Channel Indicator The Fractal Channel Indicator provides a continuous channel formed by connecting the successive Up and Down fractals. As the name suggests, the indicator is based on fractals, which were originally introduced by Bill Williams. An Up-Fractal is a series of 5 consecutive bars with the highest high in the […]

Linear Regression Channel Breakout Indicator

Linear Regression Channel Breakout Indicator for MT4

Introduction to the Linear Regression Channel Breakout Indicator The Linear Regression Channel Breakout Indicator draws mini Linear Regression Channels and when a breakout occurs, it marks the signal with an arrow. Note that these channels are really short-term, hence you will get a lot of them placed on the chart. The Linear Regression Channel Breakout […]

MPC Indicator

MPC Indicator for MT4

Introduction to the MPC Indicator The MPC indicator is based on the channel breakout. The basic ruled that applies here is the following – the long position is opened when the price shows new X days maximum, and the short position is opened when the price forms new X day minimum. It allows forecasting the […]

Dolly Indicator

Dolly Indicator for MT4

Introduction to the Dolly Indicator The Dolly indicator is a pretty complex forex indicator providing entry points and profit targets. On the left side of the chart, you will see trade analysis including Buy Area and Sell Area details, plus today’s support and resistance levels. The profit targets of the Dolly forex indicator are pretty […]

Forex Breakout Box Indicator

Forex Breakout Box Indicator for MT4

Introduction to the Forex Breakout Box Indicator The Forex Breakout Box indicator is a comprehensive forex indicator utilizing a breakout trading approach. That gauge draws rectangles (“boxes”) directly on the activity chart, and the signal occurs when the price breakouts its boundaries. You can specify the breakout box begin period and end period. It fits […]

Multi Time Frame Breakout Indicator

Multi Time Frame Breakout Indicator for MT4

Introduction to the Multi Time Frame Breakout Indicator The Multi Time Frame Breakout indicator is, as the name suggests, a forex trading tool that utilizes a breakout strategy. The indicator displays two trendlines – once the price breaks one of them, a trader should open a trade according to the breakout direction. It fits all […]

Intraday Channel Breakout Indicator

Intraday Channel Breakout Indicator for MT4

Introduction to the Intraday Channel Breakout Indicator The Intraday Channel Breakout Indicator is an awesome trading tool for scalpers and intraday traders. As the name suggests, the main concept behind that gauge is to utilize breakouts and ICB does a great job at spotting them. Additionally, it colorizes candles to green or red, depending on […]

Jebatfx Breakout Trendline Indicator

Jebatfx Breakout Trendline Indicator for Metatrader 4

Jebatfx Breakout Trendline How to set up the Jebatfx Breakout Trendline indicator in MT4? Installation Guide Download the Jebatfx Breakout Trendline.rar archive at the bottom of this post, unpack it, then copy and paste the Jebatfx Breakout Trendline.ex4 or Jebatfx Breakout Trendline.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. You […]