G Labs IC Breaker order blocks mt5

G-Ca$H IC Breaker — Source and breaker order blocks (MT5 / MT4)

Overview

Technical indicator for MetaTrader 5 and MetaTrader 4. It marks zones based on a structural break and the first opposite-color candle in a forward window, then tracks invalidation when price closes through the tracked extreme. You can enable several timeframes at once and tune colors, history, and alerts.

What you see on the chart

Source order block: drawn as a temporary rectangle (outline color per timeframe; default black). The right edge updates with the chart until the next structural event.

Breaker order block: drawn when the logic treats the prior source zone as invalidated by a close through the tracked level. Shown in the buy or sell breaker color (default green / red). By default breakers use a solid fill; you can switch to outline-only in the inputs.

The indicator uses one active temporary source object per timeframe; when the anchor updates, the box is redrawn. Breaker objects remain at the price band where they formed unless you use options that limit how many are kept on the chart.

Features

  • Multi-timeframe display with per-timeframe on/off and colors
  • Optional view of only the current chart timeframe or all configured TFs
  • Alerts on new breaker recognition and optional alerts on return through the prior source boundary after a breaker
  • History length control for load time versus depth
  • Customizable colors for source outline and bullish / bearish breakers

Alerts

Popup and optional email alerts are available where the platform supports them. Alert wording refers to breaker events and optional retest-style crossings; they are notifications only and do not execute trades.

Important

This is an analysis and visualization tool. It does not place or modify orders. The Market administration does not guarantee profitability or that calculations match every manual reading of order-block concepts. Trading involves risk; use the indicator only as part of your own plan.

Documentation

Full user guide with diagrams, input reference, and setup walkthrough: https://g-labs.software/guides/IC_Breaker_UserGuide.html

Requirements

MetaTrader 5 or MetaTrader 4, any symbol supported by the terminal.


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