• Overview
  • Reviews (7)
  • Comments (12)
  • 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
Alex Ross
73
2016.10.14 17:42 
 

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

Kostbar
413
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
9722
2016.08.30 12:09 
 

User didn't leave any comment to the rating

vahid jannati
2158
2016.03.04 16:03 
 

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

Betguardian
14
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
7104
2015.12.08 02:26 
 

Obrigado por este trabalho.

Quayfisto
520
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