Forex Breakout Box

📊 Indicator Type: Entry / Exit
🎯 Trading Style: Day Trading, Intraday
Timeframe: H1–H4, M15–M30
💻 Platform: MT4
📂 Categories: Price Action, Support & Resistance

📈 Identifies Breakouts – Detects potential breakout zones by plotting boxes around highs and lows.

🔎 Entry & Exit Signals – Provides clear trading opportunities by signaling possible breakouts.

📊 Support & Resistance Mapping – Displays key levels in the form of boxes on the chart.

📉 Trend Visualization – Plots connecting lines between box highs and lows for better trend insight.

🎯 Day & Intraday Trading – Suitable for both short-term and session-based strategies.

Breakout Strength Indicator – Helps traders assess the momentum behind each breakout.

🛠 Easy to Use – Simple installation on MT4, no extra software required.

🎨 Customizable Settings – Adjust box visuals and parameters to fit your trading style.

🚀 Improves Accuracy – Enhances timing for entries/exits and boosts confidence in trades.

🔔 Free & Reliable – A popular MT4 tool among breakout traders looking for an edge.

Input Settings & Controls

  • UniqueID → Identifier used to differentiate this instance of the indicator on a chart.

  • Exit Target → Defines the target level or condition for trade exits.

  • NumberOfDays → Specifies how many days back the indicator should calculate or display data.

  • periodA_begin / periodA_end → Start and end times of the first session or time block.

  • nextDayA → Determines whether period A extends into the following day.

  • periodB_end → End time for the second session or time block.

  • nextDayB → Determines whether period B extends into the following day.

  • rectAB_color1 / rectAB_color2 → Colors used for the combined A–B session zone.

  • rectAB_background → Toggles whether the combined A–B rectangle is filled in the background.

  • rectA_color → Color assigned to the rectangle for period A.

  • rectA_background → Enables or disables background fill for period A.

  • rectB1_color / rectB1_background → Color and background fill option for the first B rectangle.

  • rectB1_band → Defines the vertical size or band level for B1.

  • rectsB2_color / rectsB2_background → Color and background fill option for the second B rectangle.

  • rectsB2_band → Defines the vertical size or band level for B2.

  • OpenClose → Option to display open/close price levels.

  • rectA_close_begin → Determines whether the A session rectangle starts at the close price.

  • periodB_ALERTS → Enables or disables alerts when conditions for period B are met.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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