New Ultimate Box Breakout Alert indicator
The indicator create trading boxes and notifies you when the price breaks through the edges of the zones.
This indicator does not use chart objects of rectangular zones, session boxes are displayed through indicator buffers.
In the indicator settings you can adjust the timeframe of zones and starting bar and amount of bars to calculate the box(red zone) and starting bar and how many bars to trade with the zone(blue zone).
You can automatically create trading blocks with any period and any number of bars. This gives you an infinite number of trading combinations that can meet your needs in pip trading, scalping, day trading, weekly setups and monthly long-term profit taking.
The indicator can be used as dynamic support resistance zones.
To filter the signals of the indicator itself, it has built-in additional trend cross-timeframe filters.
Supported Features :
Projectreaper Connect – USER GUIDE
Projectreaper Trend OS Filters – USER GUIDE
Settings :
BoxTimeSession – timeframe session of box
BoxCalcStart_Bar – Starting bar of a calc box from zero bar of the timesession
BoxCalcLength_Bars – Amount of bars of a calc box
BoxTradeStart_Bar – Starting bar of a trading box from end of a calc zone
BoxTradeLength_Bars – Amount of bars of a trading box
PRICE_MODE – High/Low or Open/Close price mode
DrawBars – amount of bars to draw indicator history
Alerts
SignalName – Signal title
Buy_Text_Alert – buy signal text
Sell_Text_Alert – sell signal text
Draw_Arrows – draw arrows
Sound_Alerts – enable sound alerts
Buy_Sound_Alert – buy alert sound file
Sell_Sound_Alert – sell alert sound file
Alert_PopupWindows – enable popup windows
Push_Alerts – enable push sms alerts
Mail_Alerts – enable email alerts
ShowPipTags – display the potential price movement in pips from the last signal
ShowTPSL – enable/disable the display of SL and TP levels.
SLBars โ the number of bars to calculate the levels
SignalBarRangeSL โ additional check of the size of signal candlesticks
MaxSLPips โ limit the maximum stop loss value (0 – off)
MinSLPips โ minimum stop loss value (0 – off)
MaxTPPips – limit of the maximum take profit value (0 – off)
MinTPPips – minimum take profit value (0 – off)
TP1_Ratio โ ratio of take profit to stop loss of the first TP level
TP2_Ratio – ratio of take profit to stop loss of the second TP level
TP3_Ratio – ratio of take profit to stop loss of the third TP level
Style
Buy_Arrow_Color – buy signal arrows color
Sell_Arrow_Color – sell signal arrows color
Arrow_Width – signal arrows size
CalcBox_Color – color of pre trade session
TradeBoxColor – color of the trade session
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
