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Published:

2018.08.06 14:53

Updated:

2018.10.26 14:46

Mikko breakout.mq5 (10.95 KB) view

Download as ZIP, How to download code from MetaEditor

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The indicator is based on a breakout the of previous highest high or lowest low.

You can choose a display type too:

Display lines.
Display bars.
Display candles.
Automatic (the indicator appearance depends on a chart display).

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Ultra Trend - Zero Lag MA

Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag MA for trend calculations.

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Mikko Breakout - indicator for MetaTrader 5