• Overview
  • Reviews (11)
  • Comments (23)
  • What's new

Breakout Box

  • Breakout Box uses the opening range, e.g. London, 8am - 9am
  • Expectation of a volatile movement above or under the opening range
  • We take the high of the range as Entry for a long trade and SL will be the low of the range
  • and vise versa the low of the range as Entry for a short trade and the high for SL
  • The size of the range is the distance to the TP (Take Profit)
  • The range of the opening hours should not be larger than about 1/3 of the average daily range
  • Use my info tool to watch the current daily range
  • Volatile JPY-Pairs offer a good chance to reach more than the first TP
  • 4 breakout examples are already predefined: Asia, Frankfurt, London, US
  • Set up your own favorite opening boxes in a template or as a preset
  • Five different ranges and TP zones can be displayed at the same time
  • please watch on YouTube


Additional features:

(Session Boxes)

  • discipline yourself and set Periods as your personal Trading Time
  • find the best Periods for your Indicators
  • 5 individual Session Boxes
  • 4 session pre-settings
  • watch the spread
  • watch on YouTube


Parameters:

  • Bars to process 1 Bar = 1 Day
  • GMT Shift adjust your local-Time
  • Pre-Settings
    • customize set your own favorite trading-session-boxes and save on your desktop under MetaTrader\MQL4\Presets
    • Asia - pre-Setting
    • Frankfurt - pre-Setting
    • London - pre-Setting
    • US - pre-Setting
    • Day - pre-Setting
    • Index - pre-Setting
    • Forex - pre-Setting
    • after Work - pre-Setting
    • after Work solo - pre-Setting, only one active Box

Example

  • Asia:
    • BOX1 = true
    • BOX2 = false
    • BOX3 = false
    • BOX4 = false
    • BOX5 = false
    • Session Begin = 02:59
    • Session End = 07:59
    • personal Trading Session End = 11:59
    • Support Resistance Box 1 = true
    • Support Resistance Box 1 Extension End = 21:59
  • after Work solo
    • BOX1 = false
    • BOX2 = false
    • BOX3 = false
    • BOX4 = false
    • BOX5 = true
    • Session Begin d = 17:59
    • Session End d = 18:29
    • personal Trading Session End d = 20:59

BOX 1 / 2 / 3 / 4 / 5

  • Session Begin Begin of the Range
  • Session End End of the Range
  • personal Trading-Session-End marks a Box within the Range
  • Support-Resistance-Box usable for Breakout -Strategy
  • Support-Resistance-Box, Extension End set a Time to stop the Box
  • Top, fix in pips give fix pips for the upper Spread-box, default is the current spread
  • Base, fix in pips give fix pips for the lower Spread-box, default is the current spread
  • Spread on Top of Box, live shows the live-spread, very interesting if you have variable Spreads
  • Spread on Base of Box, live shows the live-spread, very interesting if you have variable Spreads
  • Session-Box Color change it to your favorite color
  • Personal Session-Box Color change it to your favorite color
  • Spread Session-Box Color change it to your favorite color
  • Support-Resistance-Box I, Color change it to your favorite color
  • Support-Resistance-Box II, Color change it to your favorite color
Matthew Todorovski
12121
Matthew Todorovski 2018.06.30 13:33 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Ali irwan
5166
Ali irwan 2017.07.20 15:09 
 

Thank teacher

Tiago Martins
459
Tiago Martins 2017.05.03 07:40 
 

Good indicator, very useful.

Gennadiy Voltornist
12004
Gennadiy Voltornist 2017.04.22 17:46 
 

User didn't leave any comment to the rating

Alex Ross
95
Alex Ross 2016.10.14 17:42 
 

GREAT THING! If you know how to use it... ) Wish it could be an Advisor.

Kostbar
420
Kostbar 2016.09.25 17:04 
 

Hervorragender Indikator, den ich zusammen mit dem Momentum solo in M15 im DAX und DJ nutze. Sehr zuverlässige Anzeigen. Klasse Programmierleistung!

Maksym Mudrakov
18363
Maksym Mudrakov 2016.08.30 12:09 
 

User didn't leave any comment to the rating

vahid jannati
2061
vahid jannati 2016.03.04 16:03 
 

it is good for customize your chart and like i-session.

William Veraar
211
William Veraar 2016.02.13 16:14 
 

I use it in my own way, little bit changed but the template you folks made is awesome, profitable!

Thanks allot!

Rodrigo da Silva Boa
7160
Rodrigo da Silva Boa 2015.12.08 02:26 
 

Obrigado por este trabalho.

Fabricio Correia
664
Fabricio Correia 2015.07.17 11:21 
 

easy to use and good for entry, exit and support and resistant. One extra star for being free

Version 16.5 2016.06.08
- changed "BOX Modus" to a pull-down-menu
- changed some text for a better overview
Version 15.12 2015.12.21
GMT-Shift added
1 Presetting added