BBB INDICATOR - London Breakout
The indicator highlights potential London session breakouts derived from the Asian session range.
How it works (high level):
• Draws the Asian session box (03:00–10:00 UTC+3).
• After London opens (11:00 UTC+3), a breakout is valid when the candle’s body exceeds user-defined thresholds (body% of bar, buffer vs Asia range, optional body ≥ k × ATR).
• Once valid, it plots Entry at the breakout close, SL based on the selected method, and TP using a fixed R:R (default 1:1.5).
Intended use: XAUUSD / 15m (testable elsewhere).
Important: Use on standard candlestick charts only. Non-standard chart types (Heikin Ashi, Renko, Kagi, Point & Figure, Range) are not supported and may produce unrealistic results.
Inputs overview: Asia session hours, London open, body% threshold, Asia-range buffer %, optional ATR multiple, and R:R.
Notes: Educational tool to assist analysis; not financial advice. No external links or solicitations.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BBB_indicator directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BBB_indicator directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.