Breaker Blocks

Breaker Blocks is a chart indicator for MetaTrader 5 that highlights areas where the market has been moving sideways and then marks the breakout from those areas with coloured boxes. It is meant to support price action and technical analysis rather than replace your own judgement.

How it works

The indicator scans recent price action for ranges and structure areas, the zones where buyers and sellers were in rough balance. When price leaves one of these zones, it plots a coloured box on the chart so the area is easy to see and refer back to later. You can then compare the box with your own levels, trend view or other tools.

Because the boxes are drawn from price history, they describe what has already happened. They are a visual aid for context and are not a forecast of what price will do next.

What you see on the chart

• Boxes that mark the range or structure area linked to a breakout.
• Colours that help you tell one type of block from another.
• Optional alerts and notifications when a new block forms.

Markets and timeframes

The indicator reads standard price data, so it can be attached to forex pairs, metals, indices or other symbols offered by your broker. It can be used on any timeframe. Lower timeframes tend to produce more boxes and more noise, while higher timeframes produce fewer, slower signals. Try several combinations on a demo account to see which fits your style.

Using it in a trading plan

1. Attach the indicator to a clean chart and let it draw the boxes on the visible history.
2. Look at where recent boxes formed and how price reacted around them.
3. Decide what confirmation you need, such as a close beyond the range, a retest or a higher timeframe trend.
4. Plan your stop loss and position size before acting on any block.

Settings

The exact list of inputs is shown in the Inputs tab when you attach the indicator, so check it there rather than relying on a fixed list. In general, look for the following groups.

Risk

Installation

1. In MT5, choose File, then Open Data Folder.
2. Open MQL5, then Indicators, and copy the indicator file there.
3. Restart MT5 or refresh the Navigator panel.
4. Drag Breaker Blocks from the Indicators list onto a chart.
5. For phone notifications, enter your MetaQuotes ID under Tools, Options, Notifications.