Strike Breakout MT5

Strike Breakout is a flexible range-based breakout indicator designed to identify and visualize key price levels around a user-defined time range.

The indicator allows the user to define any session or specific time period directly from the settings. During the selected period, Strike Breakout calculates the high and low of the price range and displays the range as a visual box on the chart.

Once the range has been established, the indicator automatically calculates additional breakout levels above and below the range based on the size of the selected range and a user-defined multiplier.

Key Features

  • Fully customizable time range
    Define any start and end time directly from the indicator settings.

  • Automatic range calculation
    The indicator identifies the highest and lowest price reached during the selected period.

  • Visual range box
    The selected price range is displayed as a clear box on the chart.

  • Dynamic breakout levels
    Additional levels are calculated above and below the range using a configurable range multiplier.

  • Flexible for any session
    Use Strike Breakout for an Open Range, London Session, New York Session, Asian Session, or any custom trading period.

How It Works

  1. Define the time range
    Select the exact start and end time you want to analyze.

  2. Build the range
    Strike Breakout records the highest and lowest price during the selected period and creates the range box.

  3. Calculate the range size
    The difference between the range high and range low determines the size of the range.

  4. Project breakout levels
    Using the selected multiplier, the indicator projects additional levels above and below the original range.

  5. Monitor the breakout
    The resulting levels provide clearly defined reference points for observing potential price expansion beyond the selected range.

Example

If the selected range is 20 points wide and the multiplier is set to 1.5, Strike Breakout can project levels based on 1.5 × the range size above and below the original range.

This creates a structured framework around the selected session, allowing traders to easily identify the original range and its calculated expansion levels.

Built for Flexibility

Strike Breakout is not tied to a specific market session or trading strategy. Instead, it provides a fully configurable framework for range and breakout analysis.

Whether you want to analyze an Open Range, London Session, New York Session, Asian Session, or any custom time window, Strike Breakout can be configured to match your preferred approach.

Define the time. Measure the range. Project the levels. Track the breakout.

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MTF Candles MT5
Tuomas Tirroniemi
M ulti-timeframe indicator that overlays higher timeframe candlesticks directly onto your current chart. It helps traders visualize broader market structure and momentum without switching between different timeframes. The indicator also plots the latest open price from the selected higher timeframe, giving clear insight into key reference levels. Users can customize the visual appearance through the settings — adjusting candle colors, line styles,to fit their trading layout and preferences.
FREE
Lotsize Assistance   is user-friendly indicator for MetaTrader 4 and 5, designed to bring simplicity and precision to your trading workflow. It adds intuitive   BUY   and   SELL   buttons, along with a   lot size   input field directly on the chart, allowing you to quickly calculate and visualize your trade’s Ratio (RR Ratio). When you click the   Buy   or   Sell   button, the indicator automatically draws   Entry ,   StopLoss , and   TakeProfit   lines on the chart. These lines are initially p
FREE
This indicator draws dynamic High and Low levels based on the selected timeframe candle . The levels begin from the opening time of the specified candle and expand outward to form an expanding channel from Open to Close .  Key Features:  Selectable base timeframe (e.g., H1, H4, D1)  Defines High and Low from the chosen candle  Draws expanding levels starting from the candle’s Open time  Visually expands levels until the candle’s Close time  Helps identify potential breakout or reversal zones  Wo
FREE
Regular Moving Average (MA) Indicator with label The Moving Average is a technical analysis tool that smooths price movements by displaying the average price over a specific period. Label Information The MA indicator includes a label showing the exact current value of the MA at its latest position for precise tracking. Example label: MA(20): 1.08542 --------------------------------------
FREE
Lotsize Assistance   is user-friendly indicator for MetaTrader 4 and 5, designed to bring simplicity and precision to your trading workflow. It adds intuitive   BUY   and   SELL   buttons, along with a   lot size   input field directly on the chart, allowing you to quickly calculate and visualize your trade’s Ratio (RR Ratio). When you click the   Buy   or   Sell   button, the indicator automatically draws   Entry ,   StopLoss , and   TakeProfit   lines on the chart. These lines are initially p
FREE
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