Breakout MT5 Indicator

1
1739

Last Updated on June 26, 2025 by Admin Tech

The indicator shows on a chart High and Low levels over the specified time interval, which is set as hours and minutes of the period beginning and end.

The indicator shows two zones: “period” and “area”. When the price is in the period zone, the values of the High and Low levels are recalculated.

The indicator allows setting:

  • the hour and minute of the beginning of the “period” zone
  • the hour and minute of the end of the “period” zone
  • the hour and minute of the end of the “area”
    The “area” zone begins right after the end of the “period” zone

It has five input parameters:

  • “Period” Hour begin – the hour of the beginning of the period zone
  • “Period” Minutes begin – the minute of the beginning of the period zone
  • “Period” Hour end – the hour of the end of the period zone
  • “Period” Minutes end – the minute of the end of the period zone
  • “Area” Hour end – the hour of the end of the area zone
  • “Area” Minutes end – the minute of the end of the area zone

Recommended MT5 Brokers

XM Broker

  • Free $50 To Start Trading Instantly! (Withdraw-able Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year
  • Exclusive 90% VIP Cash Rebates for all Trades! 

XM 90 Rebate Cashback

>> Sign Up for XM Broker Account here with Exclusive 90% VIP Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: VIP90


(Free MT5 Indicators Download)
download arrow


Enter Your Email Address below, download link will be sent to you.

Get Download Link

1 COMMENT

  1. Dear Mr. Morris,
    SUBJECT: Breakout MT5 Indicator
    Thank you for the creation of this indicator and for your generosity of publishing it.
    Will you please let me know the values of its five input parameters as an example to follow?
    I shall be most grateful if you could do that, or for any suggestions you may care to make.
    Thank you.
    Kind regards,
    Conrada De Dumo

LEAVE A REPLY

Please enter your comment!
Please enter your name here