The Order Block Breaker Indicator MT4 is a signal indicator for MetaTrader 4 designed to identify trend reversals and momentum exhaustion zones. Zones are drawn on the main chart as colored blocks. These order blocks serve as support and resistance levels with potential price reversals. Additionally, the indicator provides alerts whenever a trading signal is generated.
This indicator suits traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, to identify trend reversals and momentum exhaustion zones.
Indicator Settings
How to Install Order Block Breaker Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
