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Breakout Box

FREE

Published: 11 June 2015

Current version: 23.6

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Overview
Reviews (29)
Comments (80)
What's new

Breakout Box

Name: Breakout Box
Rating: 4.4545455 (22 reviews)
Author: Claus Dietrich

4.45

Indicators
Claus Dietrich
Version: 23.6
Updated: 4 June 2023

BREAKOUT-SESSION-BOX LONDON EU US ASIA Open

watch the 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 vice 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
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:

( use as Session Boxes )

discipline yourself and set Periods as your personal Trading Time
find the best Periods for your Indicators
5 individual Session Boxes
a lot of session presetting
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 - Asia Session only
Frankfurt - EU Session only
London - London Session only
US - US Session only
Day - the complete day only
Index - Index-Open Sessions only
Forex - all Forex Sessions only
after Work - Open Sessions and a late Sessions (EU-Time)
after Work solo - one late Sessions only (EU-Time)
Box No.1 only - customize the first Box only
Box No.1 No.2 only - customize the first and second Box only
Box No.1 9-15:00 || Box No.2 15-19:00

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

show Time-Zones show the different Time-Zones. Local- Broker- and UTC/GMT- Time

https://www.mql5.com/en/blogs/post/748655

more...

942

wuzzy66 2023.02.27 22:54 #

Brilliant indicator applied it to the London breakout

if you understand how the London breakout works this is a powerful and must have wish I could give it it a 10 star rating

186

lmd 2022.11.08 12:32 #

The best breakout box

PEPA LUNA 2022.09.19 07:41 #

genial falta tutorial para aprender a que caja corresponde cada color

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BREAKOUT-SESSION-BOX ASIA LONDON/EU US watch the 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 vs. 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 4 breakout examples are already predefined: Asia, London/E

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Arrows appear after Reversal-Pattern and when the confirmation-candle reaches its value, it won't disappear (no repaint). but with fix settings no additional settings necessary Entry : immediately after arrow Stop loss : a few pips above the high of the arrow - candle / below the low of the arrow - candle Take Profit : at least the next candle / move to break even after candle closed / trail the SL works on : Major Forex-pairs / M15 and higher time-frames The Value of the confirmation-candle =>

79 USD

Optimized for Asia- London- US- Open-Session the best Features from MOMENTUM-SOLO true Momentum - time-based Indicator it's based on a self-developed candle Pattern, in relation to the ATR Filter Daytime Weekdays Moving Averages Keltner-Channel Advantages Optimized for Asia- London- US- Open-Session choose your personal times to trade - select Daytime and Weekdays Keltner-Channel => to reduce market noise - sideways movement will be hidden 3x Moving Averages => for the Trend Sig

69 USD

Optimized for Asia- London- US- Open-Session true Momentum - time-based Indicator Filter Daytime Weekdays Moving Averages Keltner-Channel Advantages Optimized for Asia- London- US- Open-Session choose your personal times to trade - select Daytime and Weekdays Keltner-Channel => to reduce market noise - sideways movement will be hidden 3x Moving Averages => for the Trend Signal after close - no repaint Alerts Email Screen-Alert Push-Notification

69 USD

Filter:

PELBOLSA 2023.12.01 07:07 #

El indicador está bien, pero la configuración es complicada, requiere una atención especial

26017

Reply from developer Claus Dietrich 2023.12.02 12:32 #

Hello PELBOLSA, Thank you for your comment. You're right, the configuration is extensive but offers a lot of advantages once it's set up correctly. The following manual will help: https://tradeonceaday.org/free-mt4-indicators#breakout-session-box

942

wuzzy66 2023.02.27 22:54 #

Brilliant indicator applied it to the London breakout

if you understand how the London breakout works this is a powerful and must have wish I could give it it a 10 star rating

186

lmd 2022.11.08 12:32 #

The best breakout box

Magosu 2022.10.04 16:53 #

Me parece una muy buena herramienta, sencilla y practica para definir box.

PEPA LUNA 2022.09.19 07:41 #

genial falta tutorial para aprender a que caja corresponde cada color

283

Gavin Rissetto 2022.08.19 04:56 #

A handy tool to use, Thanks.

3471

John Winsome Munar 2022.06.14 09:42 #

User didn't leave any comment to the rating

993

Fernando Alonso 2022.03.04 11:23 #

Very good ¡¡¡

29954

Satyam Shivam 2021.11.18 05:35 #

Really Helpfull!!

104

kvnc 2021.10.22 14:18 #

Very helpful. thanks a lot

Emmanuel Ojotu 2021.08.28 14:43 #

70%

byeboah 2021.08.25 22:06 #

excellent

Hui1211 2021.08.11 19:42 #

Useful tool

1144

topline8000 2021.05.04 14:56 #

nothing new did not give any good signal

374

EllyMaus 2021.02.21 19:48 #

Danke schön !

1047

Jesus Torres Parraga 2021.01.23 16:37 #

User didn't leave any comment to the rating

1482

RDI 2020.07.05 18:18 #

Thanks for free!!

1187

Thomas Fairhurst 2019.06.05 08:37 #

Useful indicator. Gfx can be better.

8085

Victor Manuel Valderrama Zamora 2019.03.11 04:08 #

User didn't leave any comment to the rating

[Deleted] 2019.01.07 16:34 #

User didn't leave any comment to the rating

1 2

Version 23.6 2023.06.04

👉 ✔️ The annoying object description is back because I underestimated how many traders used it on the lower timeframe. It's back now; switch it on. Find the switch at the end of the settings. The chart option "Show object description" must also be activated.

Version 23.5 2023.05.08

✔️ The annoying Object Description has been removed.

Version 22.2 2022.04.09

📌 little bugfix -> time zones will now be deleted as well after the indicator has been deleted

Version 22.1 2022.04.09

👉 just in case you need to know your Time-Zone and your broker's Time-Zone:
► show all 3 Time-Zones: Local | Broker | UTC/GMT
► on-screen, top left (switch at the end of the menu)

Version 21.91 2021.10.24

Fixed:
other objects are no longer deleted

Version 21.9 2021.10.22

✔️ Menu -> added colors to all boxes
✔️ added 3 more Presets:
==> Box No.1 only
==> Box No.1 No.2 only
==> Box No.1 9-15:00 || Box No.2 15-19:00

Version 20.7 2020.07.05

GMT-bug fixed, code revised

Version 19.9 2019.09.20

incorrect presettings have been adjusted

Version 19.1 2019.01.07

update for Top- and Base- Boxes for different values
- ATR20
- fix pips
- spread
- off

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