I have chosen to place 4 Breakout Zones and these are viewed on the Chart as colored in gray-areas. AS soon as a gray area ends which corresponds to a 2 hour period. The light gray area comprises the Highest and Lowest price candles inclusive of wicks within that 2 hour period, the dark gray area is a 10 pip offset on either side and the purple lines are where we wait for price to breakout from.

Listing Trading Indicators and Formulas Page 14

Also IMPORTANT to note: The thinner the light gray area is, the better the Breakout Trade will be!! A couple of things to keep in mind with respect to these Breakout Zones: If you are using any other MetaTrader you will need to make adjustments: These 4 Breakout Zones with respect to GMT should be calibrated to the following Start and End settings: Occurs as it is Breaking Out of these Zones.

In the image below we have an extreme example of a pip movement which clearly demonstrates.

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In this example the bottom purple line was broken which shows us where the price is trying to go, but immediately retraced itself and hit the exact same price 2 times before an Entry occurred with a red eats blue candle and a little Sideways Movement so to be safe we place our SL at the recent high.

BreakoutBox 4 London open.

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Breakout Zones trading Method.

AS soon as a gray area ends which corresponds to a 2 hour periodpurple lines appear above and below this zone and remain for the rest of the day. Breakout Zones Indicators adn Template. Write a comment Comments: BreakoutBox 4 London open Tunnell with Breakout Box V.

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