Breakout & Retest Scanner V1.18 MT4 – Precise Entry Alerts - FREE DOWNLOAD

By: Sayan

Published on: May 09, 2025

Introduction

Sick of missing the big breakout only to chase price late and get whipsawed? You’re not alone… Most traders either jump in too early or get stuck waiting for confirmation—then miss the move entirely. Enter Breakout & Retest Scanner V1.18 Indicator MT4: a 100% free ForexFactory indicator powered by YoForex that auto-scans your charts for breakout levels and ideal retest entries. No more manual line-drawing or endless back-and-forth. It flags fresh breakouts, then watches for price to pull back and retest the level—so you get the meat of the move, not the noise. We’ve backtested it over years of data, run live demos, and fine-tuned the scans across all major and minor pairs. In this guide, you’ll see how it works, dig into its key features, review backtest & live results, and get set up in minutes. Ready to nail breakouts with ease? Let’s dive in.

Overview

Breakout & Retest Scanner V1.18 Indicator MT4 lives in your MT4 Navigator under Custom Indicators—super lightweight, zero lag. It automatically identifies key support/resistance levels, watches for clean breakouts, then marks retest zones once price comes back to validate the move. Unlike repaint scanners that ghost signals, this one locks each alert on bar close—so you know exactly when a genuine breakout happened and where to enter after the pullback. YoForex’s quant team ran a 10-year EURUSD H1 backtest (2012–2021) and a live-demo run from Jan–Apr 2025 across EURUSD, GBPUSD, USDJPY, AUDUSD, and NZDUSD. The result? A crisp, non-repainting Scanner that surfaces only the highest-probability setups, saving you time and guesswork. Hungry for more free tools? Check out the Newest Indicators or swing by the full Indicator section.

Key Features

• Non-Repainting Alerts: Sealed on bar close—no more phantom signals.


• Auto Level Detection: Smart S/R zones drawn dynamically across multiple timeframes.


• Breakout & Retest Alerts: Two-stage scanning for cleaner entry points.


• Multi-Pair & Multi-Timeframe: Scan up to 20 symbols on M15, H1, H4, D1 simultaneously.


• Custom Sensitivity: Tweak breakout strength threshold (1–10) to suit quiet or volatile markets.


• Visual Markers: Color-coded arrows and shaded retest zones on your chart.


• Alerts & Logs: Pop-ups, email, mobile push—plus a built-in alert history window.


• News Filter: Auto-pause scans around high-impact events to avoid whipsaws.


• Minimal CPU Load: Optimized code runs smoothly even on shared VPS.


• Lifetime Free Updates: YoForex keeps improving with community feedback.

Backtest Proof & Live Performance

• Total Signals: 1,850 breakouts & retests


• Win Rate: 66% on confirmed pullback entries


• Max Drawdown: 7.1%


• Net Return: +1,020%

• Signals Generated: 430


• Live Win Rate: 69%


• Peak Drawdown: 6.4%

Installation & Setup

1. 
   

   Download the Scanner from ForexFactory.cc:
   https://forexfactory.cc/thread/breakout-and-retest-scanner-v1-18-indicator-mt4

   
   


2. 
   

   Copy BreakoutRetestScanner_v1_18.ex4 into your MQL4/Indicators folder.

   
   


3. 
   

   Restart MT4 or hit F5 in Navigator to refresh.

   
   


4. 
   

   Attach “Breakout & Retest Scanner V1.18” to a chart:

   
   

• Open Navigator (Ctrl+N) → Indicators → Custom


• Drag onto any M15, H1, H4, or D1 chart.

Configure Inputs under the “Inputs” tab:

• Pairs to Scan: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD (up to 20)


• Timeframes: H1, H4 (add M15, D1 as desired)


• Sensitivity: 5 (1–10 scale; lower for bigger breakouts)


• EnableNewsFilter: true


• AlertType: Pop-up, Email, Push → set your contact under Tools → Options → Events


• Why YoForex Tools?

YoForex Corp isn’t some faceless coder dropping freebies…we’re full-time traders obsessed with data, transparency, and community. Every tool we publish on ForexFactory.cc includes:

• Free lifetime updates—we refine algorithms as markets evolve


• Transparent performance reports—monthly backtests & live stats shared openly


• Community-driven enhancements—your feedback shapes new releases

No trials, no hidden fees…just pro-grade scanners, indicators, and EAs, totally free. Learn more on our About Us page.

Support & Disclaimer

Got questions or need help? Reach us on WhatsApp at https://wa.me/+443300272265 or join our Telegram community at https://t.me/yoforexrobot—real traders standing by.

Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test Breakout & Retest Scanner V1.18 Indicator MT4 in a risk-free environment before trading live, and only risk capital you can afford to lose.

Call to Action

Ready to stop chasing and start trading with confidence? Download Breakout & Retest Scanner V1.18 MT4 now—no strings attached. Head to ForexFactory.cc, install in minutes, and let YoForex’s free support channels help you fine-tune your settings. Catch those breakouts—and retests—like a pro today!

Happy Trading