• Overview
  • Reviews (6)
  • Comments (6)
  • What's new

Price Volume Breakout MT4

The Price Volume Breakout indicator evaluates the weight of price-volume levels adjacent to the current level and shows a complexly or simple layered vertical histogram and signal line as representation. The Price Volume Breakout indicator is a valuable technical analytical tool which can be used to instantly identify breakouts after the have begun. Realtime display of build up and break down of support and resistance levels using Volume by Price data. This indicator opens up new perspectives onto price-volume relations.

Key features

  • Reveals the weight of price zones in specifiable upper and lower bounds
  • Realtime display of build up and break down of support and resistance levels
  • Indicates breakout points by intensity of level weight change
  • Long term strategists key tool for indicating starting points of major volatily increases and price swings
  • Notifications by mobile app, email, sound alert and global variable
  • Relates to trading activity and value of volume, with tick volume and real volume respectively
  • Customizable profiles. Build to scale quick and easily with native terminal save and load functions
  • Complements channel indicators. Increases the ability to detect fakeouts
  • Powerful tool for any style of trading, amateurs and experts


  • Evaluation Data
    • Average largest volume
    • Average difference volumes
    • Sum amount largest zones

  • Data Price Zone, Size - points

  • Data Time Range
    • All Data
    • Specified Start to End
    • Specified Start to Specified End
    • Start to Specified End

  • Volume
    • Tick Volume
    • Real Volume [1]

  • Notification
    • Email
    • App Push
    • Popup Alert
    • Sound Alert
    • Global Variable

For a list of all features, full parameter specifications, examples and more details about the indicator please refer to the user manual.


Sufficient history data. On the price range especially, unavailable, i.e., empty, or newly filled price zones on upper or lower boundary limits provide inaccurate results.


Nam Phueng
Nam Phueng 2019.04.21 11:01 

Unconventional volume-price indicator. Interesting for predictive analytics.

Ngoc Nguyen
Ngoc Nguyen 2019.04.04 05:06 

Thanks. Good indicator. Have been using it alot.

Taishiro Takahashi
Taishiro Takahashi 2019.03.28 03:59 

User didn't leave any comment to the rating

Erwin Stahl
Erwin Stahl 2019.03.22 01:44 

Innovative price volume charting.

daryl1985 2019.03.18 07:59 

Thanks for the nice hybrid. Hits them perfect occasionally.

sunnychow 2019.03.17 14:40 

Thanks for share

Version 1.9 2019.04.06
several improvements
Version 1.7 2019.03.28
extended data functions
several improvements
Version 1.5 2019.03.15
performance improvements
Version 1.3 2019.03.14
added support backloaded data
changed parameter 'Data Price Zone, Size (Points)' default 100 to 50
changed parameters 'Evaluation, Down' and 'Up' default 6 to 8
Version 1.2 2019.03.13
performance improvements
Version 1.1 2019.03.13
performance improvements