Breakout Quality Score Alert
- Indicators
- Shunsuke Kanaya
- Version: 1.10
- Activations: 5
Breakout Quality Score (BQS) is a clean and practical MT4 indicator that scores breakout quality from 0 to 100 — so you can quickly separate strong momentum breaks from “not worth it” situations.
Instead of guessing, BQS gives you a simple rule-based score and optional alerts to support fast, disciplined decisions.
Best use-case: quick breakout scalps on XAUUSD M5.
Why BQS
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Clear 0–100 scoring for breakout strength
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Strong-only focus (default threshold: 80+)
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On-chart labels (numbers only) for quick visual review
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Bottom-left HUD for real-time status
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Preview score to prepare before the breakout happens
Recommended Workflow (Simple)
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Wait for BQS ≥ 80 (label/alert)
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Consider an entry in the breakout direction (momentum)
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Use quick exits (example approach on XAUUSD: small scalp such as +$0.5)
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Keep it disciplined — BQS is designed for short momentum bursts, not long holds
Recommended Setup (Default / Plug & Play)
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Symbol: XAUUSD (GOLD)
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Timeframe: M5
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Preset: XAUUSD M5 UpBreak (default)
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Donchian range bars (N): 80
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Alert/Label threshold (PassScore): 80
Presets / Supported markets
BQS includes ready-to-use presets:
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XAUUSD M5 UpBreak (default)
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XAUUSD M5 Both directions
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FX M5 Both directions
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Crypto M15 Both directions
You can use the same scoring logic and simply switch the preset depending on the market you trade.
Alerts
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Enable alerts: AlertsEnabled = true
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Optional preview alerts: alert when Preview ≥ PassScore
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Optional sound / push / email
(Push/Email require MT4 terminal settings: Tools → Options)
Inputs (Quick Guide)
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Preset: market template
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Donchian range bars (N): breakout range length
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Alert/Label threshold: score level for labels/alerts (recommended 80)
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Preview score: “if breakout now” score
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ShowHUD / ShowLabels: display options
Important Notes / Risk Warning
BQS is an indicator (no auto-trading) and is provided for informational/educational purposes only.
Trading involves risk and results are not guaranteed. Past performance is not indicative of future results. You are solely responsible for any trading decisions and outcomes. Always test on a demo account before using on a live account.
