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Breaker Block and Void Indicator MT4

Breaker Block and Void Indicator MT4

The Breaker Block + Void Indicator is a valuable tool in MetaTrader 4, designed to pinpoint crucial price levels. A breaker block refers to a specific type of Order Block that initially gets breached by price action, later turning into a significant pullback zone.

This indicator visually represents bullish breaker blocks in green and bearish breaker blocks in red, while those that have already been consumed are marked in gray for clarity.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Breaker Block and Void Indicator MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4

 

Indicator Specifications Table

Below is an overview of the key specifications of the Breaker Block + Void Indicator:

Category

ICT - Smart Money - Price Action

Platform

MetaTrader 4

Skill Level

Beginner

Indicator Type

Continuation - Reversal

Time Frame

Multi Time Frame

Trading Style

Intraday Trading

Market

Forex - Crypto - Stocks - Commodities

 

Breaker Block + Void Indicator in an Uptrend

The following image illustrates the GBP/USD price chart on a daily time frame. Initially, the price establishes an order block, followed by a slight price retracement. After the pullback, the price resumes its upward trend, converting the zone into a breaker block. Consequently, the price experiences an increase after revisiting the zone.

 

Breaker Block + Void Indicator in a Downtrend

In the next image, the USD/JPY price chart is depicted on a 4-hour time frame. The price initially forms an order block, then rises before encountering a correction that transforms the order block into a breaker block. After a pullback to this area, the price resumes its downward movement, continuing the corrective trend.

 

Indicator Settings

  • Bar count – Defines the number of candles for calculation
  • Hide intersection – Hides overlapping areas
  • Showing breaker block level 1 – Displays the first breaker block level
  • Last show for breaker block level 1 – Controls the final appearance of level 1
  • Last number show for breaker block level 1 – Defines display mode for level 1
  • Show mode for breaker block level 1 – Sets the appearance mode for level 1
  • Used show mode for breaker block level 1 – Assigns display settings for level 2
  • Showing breaker block level 2 – Activates the second breaker block level
  • Last show for breaker block level 2 – Determines the final display of level 2
  • Last number show for breaker block level 2 – Adjusts the last number shown for level 2
  • Show mode for breaker block level 2 – Configures the display settings for level 2
  • Used show mode for breaker block level 2 – Defines the mode for level 2
  • Opposite color – Changes color for opposing zones
  • Support zone – Specifies support zone color
  • Resistance zone – Specifies resistance zone color

 

Conclusion

The Breaker Block + Void Indicator helps traders identify critical areas where price action breaks through an order block and later retouches the same level, turning it into support or resistance. Traders employing ICT, Smart Money, and Price Action strategies frequently use this tool to refine their stop-loss placements, ensuring positions are protected beyond these crucial levels.


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4.85 (27)
Zonas de reversión / Volúmenes máximos / Zonas activas de un jugador importante =       SISTEMA TS TPSPRO INSTRUCCIONES RUS       /       INSTRUCCIONES       ESP       /       Version MT5 Cada comprador de este indicador recibe adicionalmente GRATIS: 6 meses de acceso a señales comerciales del servicio RFI SIGNALS: puntos de entrada listos para usar según el algoritmo TPSproSYSTEM. Materiales de formación con actualizaciones periódicas: sumérgete en la estrategia y haz crecer tu nivel profesio
Scalper Vault
Oleg Rodin
5 (30)
Scalper Vault es un sistema profesional de reventa que le brinda todo lo que necesita para una reventa exitosa. Este indicador es un sistema comercial completo que puede ser utilizado por operadores de divisas y opciones binarias. El marco de tiempo recomendado es M5. El sistema le proporciona señales de flecha precisas en la dirección de la tendencia. También le proporciona señales superiores e inferiores y niveles de mercado de Gann. Los indicadores proporcionan todo tipo de alertas, incluidas
Hit Rate Top Bottom Signal
Martin Alejandro Bamonte
Hit Rate Top Bottom Signal Hit Rate Top Bottom Signal ofrece un enfoque totalmente innovador. Es ideal para quienes buscan evaluar de antemano cómo funciona la señal con un TP-SL específico, y en qué PARES/TF tiene mejores desempeños. La estrategia Hit Rate Top Bottom Signal es una herramienta fundamental para cualquier trader y tipo de trading porque no solo emite señales precisas sin repintar , indicando claramente cuándo operar y en qué dirección, sino que además lleva un registro detallado
Introduciendo       Indicador Quantum Trend Sniper   , el innovador indicador MQL5 que está transformando la forma en que identificas y negocias los cambios de tendencia. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Indicador de francotirador de tendencia cuántica       está diseñado para impulsar su viaje comercial a nuevas alturas con su forma innovadora de identificar cambios de tendencia con una precisión extremadamente alta. *
Reversal Master
Alexey Minkov
4.92 (13)
!SPECIAL SALE! The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems. The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accura
IQ FX Gann Levels a precision trading indicator based on W.D. Gann’s square root methods. It plots real-time, non-repainting support and resistance levels to help traders confidently spot intraday and scalping opportunities with high accuracy. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Download the Metatrader 5 Version M
- Real price is 80$ - 40% Discount (It is 49$ now) - Lifetime update free Contact me for instruction, add group and any questions! Related Products:  Bitcoin Expert , Gold Expert - Non-repaint - I just sell my products in Elif Kaya profile, any other websites are stolen old versions, So no any new updates or support. Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is design
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