MTF Currency Pairs Professional Breakout Scanner: MT5 multi-pair alerts for cleaner breakout entries

In this review of the MTF Currency Pairs Professional Breakout Scanner for 2026 we present a focused performance analysis and practical evaluation of capabilities. The indicator, published by George Fayek Francis Abdelmalak, is rated 4.5 out of 5 across 100 reviews on the marketplace and is designed specifically for MT5. The review covers how the product scans multiple symbols and timeframes, highlights breakout candidates, and issues alerts rather than placing automated trades. What makes MTF Currency Pairs Professional Breakout Scanner unique is its multi-timeframe channel detection combined with configurable volatility thresholds that filter false breakouts. The algorithm measures recent price extremes and average true range to define channel boundaries, then applies user-defined breakout rules to trigger visual markers and push notifications. Because it is a scanner and not an EA, trade execution is left to the trader, enabling human verification and discretionary management. The scanner performs best in trending and volatile sessions on liquid majors and crosses, while low-volatility consolidations produce fewer, lower-quality signals. Risk management is controlled indirectly through signal filtering and recommended stop placement tied to the channel width and ATR multiples. Expected performance characteristics depend on user filters: typical signal frequency ranges widely, and win rates correlate with strictness of filters and trader execution. MTF Currency Pairs Professional Breakout Scanner is therefore a monitoring and decision-support tool that complements manual or automated execution workflows on MT5.