Session Breakout Box
A breakout box that can set for the start of any of the major trading sessions - Hong Kong, London, London-New York overlap.
Set the width of the breakout box in points (10 points=1 PIP)
Use it to gauge if the currency pair you are trading in is in a channel or not.
Trade once price breaks out from the box. Use with a volume and momentum indicator for best results.
You may change the colour of the box to suit your individual preference and chart colour scheme.