The 3 Tier London Breakout Indicator for MT4 is a specialized tool designed to capitalize on the London session breakout strategy. This strategy aims to profit from price movements that occur after the relatively calm trading range preceding the London market opening.
Since London opens several hours before the New York session, traders often find high-probability trading opportunities during this window. The indicator automates the process by plotting entry targets, breakout zones, and potential profit targets, making it easier to follow the London breakout strategy.
The indicator identifies key price zones and plots various visual cues directly on the chart:
Breakout (BO) Labels: Indicate the expected breakout points and the number of pips until breakout.
Entry Signals: “Entry Buy” and “Entry Sell” show precise trade entry points.
Profit Targets (TP): Plotted on the chart for both long and short positions.
Boxes: The indicator draws Max/Min, Limit, and Stick boxes within the price range to show market activity before the breakout.
By combining these visual cues, traders can clearly identify where to enter trades, where the breakout may occur, and potential profit levels, all without manual calculation.
Observe the price range preceding the London session.
Wait for the indicator to produce a BO label.
Enter a BUY when “Entry Buy” appears, targeting the plotted profit levels.
Enter a SELL when “Entry Sell” appears, using the plotted TPs for short positions.
Place stop losses just outside the breakout zone to limit risk.
Use the indicator on H1, H4, or intraday charts to capture London session volatility.
Focus on pairs with high liquidity, such as GBP/USD, EUR/USD, and USD/JPY, for accurate breakouts.
Combine with trend confirmation indicators like moving averages to filter false signals.
Max/Min Boxes: Show the extreme price levels before breakout.
Limit Boxes: Highlight moderate volatility zones.
Stick Boxes: Represent consolidation and low-volatility periods.
Using these boxes helps traders understand market structure and anticipate breakout strength.
Automates London Breakout Strategy: Plots entry and exit points clearly on the chart.
Visual Guidance: Breakout labels, boxes, and profit targets simplify intraday trading.
Supports Multiple Timeframes: Works well on H1, H4, and intraday charts.
High-Liquidity Pair Focus: Optimized for major Forex pairs during London session.
Free to Download: Accessible for all traders to integrate into their strategy.
By using this indicator, traders can reduce guesswork and trade the London session breakout more efficiently, with clear guidance on entry, exit, and profit-taking levels.
The 3 Tier London Breakout Indicator for MT4 is a reliable tool for traders who want to exploit London session volatility. By creating price zones, plotting breakouts, and indicating entry and exit targets, the indicator simplifies the London Breakout strategy for both novice and experienced traders.
Available for free download, this indicator is ideal for anyone looking to add a structured and automated breakout tool to their Forex trading arsenal.
Visit IndicatorForest.com to download the 3 Tier London Breakout Indicator and start trading London breakouts with confidence.
Published:
Nov 27, 2025 02:21 AM
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