The Break Out Box 3 Indicator is a popular and useful forex indicator for the MT4 platform. This free indicator helps traders identify breakout levels in the forex market, allowing them to make informed trading decisions. The indicator works by drawing a box around a specified time period, such as the Asian session or a daily range. It identifies the upper and lower boundaries of this box, which represent potential breakout levels. Traders can then monitor price action and wait for the market to break above or below these levels before entering a trade. The Break Out Box 3 Indicator is easy to use and can be applied to any currency pair or timeframe. It provides clear visual cues for potential breakout areas, helping traders to stay ahead of the market. By utilizing this indicator, traders can take advantage of breakouts and potentially capture significant profits in the forex market. Whether you are a beginner or an experienced trader, this indicator can enhance your trading strategy and improve your overall performance.
MT4
Break Out Box 3
Breakout Box 3 Indicator is a useful and popular MT4 forex indicator that is available for free. This indicator helps traders identify key breakout levels on their charts, allowing them to identify potential entry and exit points. By using this indicator effectively, traders can enhance their trading strategies and improve their overall trading results. The Breakout Box 3 Indicator is easy to use and can be a valuable tool for any forex trader.
| Indicator Type | |
|---|---|
| Trading Style | , |
| Timeframe | , |
| Platform |
0
People watching this product now!
Downloads - 64
Description
Reviews (0)
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Forex Trading Sessions
The Forex Trading Sessions indicator is a new powerful and popular MT4 indicator designed to help traders identify active trading sessions in the forex market. This indicator shows the opening and closing times of various global financial centers including Tokyo, London and New York on a trading chart, highlighting active trading sessions with colored rectangles. The Forex Trading Sessions indicator is a useful tool for forex traders of all levels, from beginners to experienced traders, that provides important information about active forex trading sessions, helping to optimize trading strategies and increase profitability.
ICT Asian Range
Are you an ICT forex trader? Do you trade ICT Asian breakout strategy? Download this simple ICT Asian range MT4 indicator and improve your forex trading results. This allows traders to quickly identify support and resistance levels for the Asian session, which is a useful tool for traders looking to trade the Asian session.
Reviews
There are no reviews yet.