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Support and Resistance Breakout Indicator MT4

Support Resistance Breakout Indicator (SRBAI) download for MetaTrader 4
The Support Resistance Breakout Indicator (SRBAI) available for MetaTrader 4 (MT4) is designed to highlight significant pivot zones by mapping support and resistance levels on the price chart.

Blue dashed lines represent support zones, while red dashed lines indicate resistance levels. Once the price breaks through a support area, the indicator generates a sell alert with a red downward-pointing arrow. Conversely, a resistance breakout triggers a buy signal, marked with a blue upward-pointing arrow.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Support and Resistance Breakout 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 Overview

Category

Support & Resistance – Trade Signals – Learning Tools

Platform

MetaTrader 4

User Level

Novice – Intermediate – Professional

Indicator Type

Reactive – Breakout-Based

Timeframes

M1 – M5 – M15 – M30 – H1 – H4

Trading Approach

Scalping – Intraday – Daily

Markets

Forex – Digital Assets – Equities

 

How the SRBAI Indicator Functions

The SRBAI tool assists traders in recognizing areas where breakouts from key support or resistance levels occur. The system automatically identifies these critical breakout moments and responds by issuing actionable trade signals.

 

Resistance Breakout Scenario

On a 1-hour Gold (XAUUSD) chart, when the red-marked resistance zone is breached, a blue buy signal is triggered, signaling potential upward momentum.

 

Support Breakout Scenario

On a 30-minute chart of the NASDAQ (NAS100), if the price drops below the blue-highlighted support line, the indicator places a red sell arrow to signal possible downward continuation.

 

Configuration Options

To enhance signal reliability, users may activate an optional RSI_CCI_Filter for additional confirmation:

  • RSI_CCI_Filter – Enables CCI and RSI-based filtering.
  • RSI_Period – Defines the number of candles for RSI calculation.
  • RSI_Overbought – Level for identifying overbought conditions.
  • RSI_Oversold – Threshold for detecting oversold areas.
  • CCI_Period – Candle count for computing the CCI.
  • CCI_Buy / CCI_Sell – CCI thresholds that trigger trade entries.
  • Alerts – Activates trade alerts.
  • Alert_On_Close – Sends alerts only after candle close for confirmation.

 

Conclusion

The Support Resistance Breakout Indicator (SRBAI) is a robust MetaTrader 4 solution that combines breakout detection with momentum-based confirmation from RSI and CCI tools. It is especially beneficial for traders seeking reliable signals across various market conditions.

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