Powerful London Breakout Indicator V9.3 for MT4

Description

The London Breakout Indicator V9.3 is a smart MT4 trading tool designed to spot profitable breakouts during the London session, one of the most volatile periods in forex. It automatically marks the Asian session range and notifies you when price breaks out as London opens. Version 9.3 is improved to give more accurate alerts and reduce false signals, helping traders make confident entries .

💱 Currency Pair / Timeframe / Platform

• Best Currency Pairs: GBP/USD, EUR/USD, USD/JPY, and USD/CHF

• Timeframes: Ideal on M5 (5-minute) and M15 (15-minute) charts

• Platform: MetaTrader 4 (MT4)

This indicator is tailored for traders using the London breakout strategy and works best on major currency pairs with high morning volatility.

✨ Highlights

✅ Automatically identifies Asian session range
✅ Sends alerts when breakout conditions are met
✅ Clean visual layout with customizable breakout box
✅ Works well with any breakout-based trading strategy
✅ Version 9.3 includes better filtering for false signals
✅ Ideal for scalping and short-term trades in early sessions

⚙️ Settings / Features

The London Breakout Indicator V9.3 comes with flexible and user-friendly settings:

• Session Timer: Define Asian session hours (e.g., 00:00–07:00 GMT)

• Breakout Levels: Set breakout trigger points above and below the range

• Multi Alert System: Enable popup, sound, or mobile notifications

• Visual Customization: Adjust box colors, transparency, and line types

• Auto Reset: Refreshes the breakout box daily for new session analysis

These features make it easy for any trader to adapt the indicator to their trading plan.

🔄 How It Works

Here’s a simple breakdown of how this MT4 indicator operates:

1. Draws a box showing high and low of the Asian session automatically

2. Monitors price movements after London session opens (around 07:00 GMT)

3. Sends a real-time alert if price breaks above or below the range

4. Traders can place buy or sell orders based on the breakout direction

5. Stop-loss is often placed inside the box, with a target of 1x–1.5x the range

This method works well because the London session often brings strong volatility, providing clear momentum.

✅ Why Choose This Indicator?

More reliable entries – Thanks to optimized version 9.3 filters
Perfect for MT4 traders – Fully integrated with MetaTrader 4
Saves time – No need to draw boxes manually or guess breakout levels
Risk control – Helps you plan entries, SLs, and TPs with precision
Beginner-friendly – Simple to understand with visual guidance

🎯 Key Benefits

• Simplifies the popular London breakout strategy

• Helps you spot profitable moves during high-volatility hours

• Avoids overtrading by focusing on one reliable daily setup

• Gives fast alerts to catch early market momentum

• Reduces screen time with automated session tracking

✨ Pros and Cons

✅ Pros

Easy to set up and use

Improves entry timing

Visually clean and customizable

Works well with GBP/USD, EUR/USD

❌ Cons

Not effective during low volatility days

Needs proper time zone settings

Not a full trading system—used for signals only

Limited usefulness in ranging markets

💡 Conclusion

The London Breakout Indicator V9.3 for MT4 is a smart and reliable tool for traders who want to focus on high-probability entries during the London session. With automated range detection, customizable alerts, and a clear visual design, it removes the guesswork from your trading. It’s a great asset for scalpers, intraday traders, and breakout lovers who want to trade the morning volatility with confidence 📈.

📊 Backtest Images & Videos

🧠 Trading Tips

• Use M5 charts for quicker signals, or M15 for better accuracy

• Avoid trading near high-impact news events (check economic calendar)

• Try to enter on candle close after breakout, not just a wick spike

• Place SL inside the Asian box; TP around 1–1.5× the box size

• Combine with trend filters like moving averages for more success

❓ FAQs

Q1: Can I use this indicator on MT5?
➡️ This version is for MT4 only. Look for a similar version for MT5 separately.

Q2: Which pairs are best for this indicator?
➡️ GBP/USD and EUR/USD are top choices due to strong morning moves.

Q3: Does it place trades automatically?
➡️ No. It’s an indicator only. You manually place trades based on its alerts.

Q4: Is this a beginner-friendly indicator?
➡️ Absolutely. It’s simple to install and use, with visual aids and easy alerts.

🌟 Reviews

💬 Trader A: “This tool simplified my London breakout strategy. I don’t miss entries anymore.”
💬 Trader B: “Clean, customizable, and accurate signals. A must-have for session traders.”

🔗 Other Useful Links

• Other MT4 Forex EAs: Explore more expert advisors for automated strategies

• Other MT4 Forex Indicators: Discover trending indicators for breakout, scalping, and trend trading

• GitHub – Some similar scripts may be available open-source

• Support: 📧 Contact: admin@forextoolstore.com

Powerful London Breakout Indicator V9.3 for MT4

Trade smart with London Breakout V9.3 for MT4. Get alerts, auto session box & more. Boost entries daily. Download Now!

Product SKU: I0012MT4

Product Brand: Forex Tool Store

Product Currency: USD

Product Price: 9.99

Product In-Stock: InStock

Editor's Rating:
4.7