Buy Sell Breakout Price (MT5) — review, price and free alternatives

The indicator is authored by Syamsurizal Dimjati and is designed as an MT5 indicator rather than a full automated EA, so it excels at producing high-probability signals for discretionary or semi-automated trading. Buy Sell Breakout Price stands out because it does not rely on a single trigger; instead it requires swing structure, EMA-9 alignment, ATR volatility threshold, RSI confirmation, and optionally volume validation before signaling a breakout. The developer includes an economic-news overlay to highlight sessions where volatility spikes can distort breakouts.

The algorithm works by detecting swing highs and lows and projecting breakout zones. When price closes beyond a breakout zone and EMA-9 confirms trend direction, the ATR filter and RSI check evaluate whether volatility and momentum support a sustained move. Volume mapping adds an extra layer when available, flagging breakouts backed by genuine participation. Buy Sell Breakout Price handles trending and range-expansion environments well, while conservative settings avoid choppy sideways markets. Risk management is left to the trader, but the indicator outputs clear stop placement suggestions based on recent swing structure and ATR multiples. Expected performance characteristics include moderate trade frequency, a preference for higher-quality setups, and win rates that reflect the selective multi-layer approach.

The risk profile of Buy Sell Breakout Price is moderate when conservative position sizing is applied. Stop loss strategy should combine the indicator's recommended swing-based stops with an ATR multiple to account for volatility spikes. Vulnerabilities include prolonged sideways markets that produce false breakouts and major macro events where news can overwhelm technical signals. Recommended account size depends on trading goals; for multi-pair use, a funded account of $5,000 or more improves margin buffer and risk diversification. Buy Sell Breakout Price is an indicator tool and requires trader discipline to manage risk consistently.

Install the Buy Sell Breakout Price indicator in MT5 by copying the provided .ex5 file into the MQL5/Indicators folder and refreshing the Navigator panel. Attach the indicator to an H1 or H4 chart and enable visual signal alerts and volume overlay if your broker provides volume ticks. Key parameters to configure include ATR period and multiplier, RSI threshold levels, EMA length (default EMA-9 recommended), and news filter on/off. Recommended brokers are ECN or STP with low spreads and reliable tick data.