Breakout Arrows Mt4
by Michael Oko Oboh · MT4
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Summary
Breakout and Retest Scanner MT4 is an affordable MT4 indicator by Elif Kaya (price $49, rating 4.67/5) focused on breakout setups and retests. It suits traders who want a single-purpose scanner that highlights breakout opportunities across symbols and timeframes, but it lacks verified performance stats and advanced risk controls. Strong alternatives include time and momentum tools (Haven Candle Timer, MTF Trend Monitor), price-action scanners, and strength/oscillator-based indicators. Consider broker spreads, execution speed, and drawdown risk before trading live. FxRobotEasy independently reviews all products listed here.
Retail forex traders often compare Breakout and Retest Scanner MT4 with alternatives because breakout strategies are common but sensitive to execution, spread, and timeframe. The main product targets a specific workflow—identifying breakouts then waiting for retests—but other tools may emphasize timing, multi-timeframe trend confirmation, market breadth, or intraday momentum. Price, platform compatibility (MT4 vs MT5), and the availability of verified stats are major deciding factors. Traders should weigh indicator behavior against broker rules, spreads, slippage, and potential drawdown. FxRobotEasy independently reviews all products to help traders choose more objectively.
| Metric | Breakout and Retest Scanner MT4Main Product | Breakopedia AI Our bot | Breakout Arrows Mt4 | Breakline Indicator FFC | Breakout Bar pattern mf | BreakingConfirmedLevel4 |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | N/A |
| Price | $49 | $149 | $3000 | N/A | $49.99 | $87 |
| ROI | N/A | +90.8% | N/A | N/A | -12.7% | N/A |
| Max Drawdown | N/A | 59.0% | N/A | N/A | 25.9% | N/A |
| Win Rate | N/A | 63.2% | N/A | N/A | 49.0% | N/A |
| Profit Factor | N/A | 1.09 | N/A | N/A | 0.97 | N/A |
| Total Trades | N/A | 630 | N/A | N/A | 1,880 | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Breakout and Retest Scanner MT4 is an MT4 indicator by Elif Kaya priced at $49 with a user rating of 4.67/5. It scans symbols and timeframes for breakout events and flags potential retests, helping traders focus on structured entries. Strengths include simplicity, focused output, and MT4 compatibility, which suits traders still on legacy platforms. Weaknesses: there are no verified performance stats available, limited built-in money management, and results depend heavily on broker spreads and execution. This is best for discretionary traders who combine signals with manual confirmation and robust risk management. Because breakout strategies can be whipsawed, backtesting and demo validation are essential. Remember that broker execution, spread widening during news, and drawdown risk can materially affect live outcomes. FxRobotEasy independently reviews this product alongside alternatives to keep recommendations impartial.
by Michael Oko Oboh · MT4
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Breakout and Retest Scanner MT4 is a budget-friendly, focused indicator (price $49, rating 4.67/5) that can help traders identify structured breakout setups, but it lacks verified performance statistics and built-in risk management. Alternatives excel at timing, multi-timeframe bias, price-action scanning, currency breadth, or momentum confirmation—choose based on your workflow and platform (MT4 vs MT5). Always account for broker spreads, execution quality, and drawdown risk before going live. FxRobotEasy independently reviews all products and its vetted bots are available as a verified alternative for traders seeking managed automation.
It can be worth buying if you need a focused MT4 scanner to highlight breakout and retest setups and you combine it with your own rules and risk management. Price is $49 and rating is 4.67/5, but there are no verified performance stats available. Test on demo accounts first, account for broker spreads and execution, and avoid assuming historical-looking setups will perform identically in live conditions.
The best alternative depends on your needs: choose STRAT Price Action Scanner for pattern-based signals, MTF Trend Monitor for multi-timeframe bias, or Currency Strength Meter Pro for MT5 to filter by currency momentum. MACD Intraday Trend PRO helps with momentum confirmation, while Haven Candle Timer aids timing entries. All alternatives listed have a rating of 5 but several show price data as not available; no verified performance stats are provided for these products.
Spreads and drawdown materially affect live performance: wider spreads can turn apparent backtest profits into losses, and slippage during news can worsen entries. Indicators don’t control trade execution, so you must layer stop-loss, position sizing, and drawdown limits. Always test indicators with your broker on demo or small live sizes to observe real spreads and slippage, and use robust risk management to limit drawdown.
While evaluating Breakout and Retest Scanner MT4 and its alternatives, consider Breakopedia AI, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+90.8%
Total Return
59.0%
Max Drawdown
63%
Win Rate
630
Total Trades