MTF Trend Breakout Score MT4
- Indicateurs
- Mattia Marco Platania
- Version: 1.0
Limited-time free initial release. Please leave comments, symbol requests, and workflow feedback while this MetaCoderStore tool is being tuned for active traders.
MTF Trend Breakout Score combines local EMA trend, higher-timeframe bias, Donchian-style breakout confirmation, and ATR expansion into a simple 0-100 setup score.
Use cases
- Scan whether a breakout is aligned with trend and higher-timeframe bias.
- Filter continuation entries after range breaks or session pushes.
- Feed EAs and scanners with clear buy, sell, score, trend, and breakout buffers.
What it shows
- A chart dashboard with current score, trend state, higher-timeframe bias, and breakout state.
- Blue bullish arrows when price breaks upward with enough score.
- Red bearish arrows when price breaks downward with enough score.
Main features
- Fast and slow EMA trend model.
- Selectable higher-timeframe bias confirmation.
- Breakout detection from recent highs and lows.
- ATR expansion check to reduce quiet-market signals.
- Optional dashboard, arrows, and alerts.
Basic use
- Attach the indicator to any liquid Forex, index, metal, or crypto chart.
- Choose the higher timeframe used for bias.
- Watch for scores above the minimum threshold and confirm the broader market context before acting.
Inputs
- Fast EMA / Slow EMA: trend model periods.
- Bias Timeframe: higher timeframe used for directional confirmation.
- Breakout Lookback: bars used for recent high/low breakout levels.
- ATR Period / ATR Expansion Ratio: volatility expansion filter.
- Minimum Score: threshold for drawing signal arrows.
- Show Dashboard, Show Signals, Enable Alerts: visual and notification controls.
Buffers for EA integration
- Buffer 0: bullish arrow price, or EMPTY_VALUE.
- Buffer 1: bearish arrow price, or EMPTY_VALUE.
- Buffer 2: setup score from 0 to 100.
- Buffer 3: trend state, where 1 is bullish, -1 is bearish, and 0 is neutral.
- Buffer 4: breakout state, where 1 is upside breakout, -1 is downside breakout, and 0 is no breakout.
Risk note: This indicator is an analysis aid, not financial advice. Breakouts can fail quickly during news and low-liquidity periods. Always use independent risk control.
