Introduction
The London trading session is one of the most volatile and opportunity-rich periods in the forex market. But with volatility comes risk—and that’s where the London Breakout V9.4 Indicator for MT4 steps in. Designed to capture high-probability breakouts during the early London session, this tool gives traders a mechanical edge to trade with confidence and accuracy.
Whether you’re a day trader, scalper, or prop firm trader, this indicator can dramatically improve your session-based strategies.
What Is the London Breakout V9.4 Indicator?
London Breakout V9.4 is a MetaTrader 4 custom indicator that identifies potential breakout zones based on the price action during the Asian session. It calculates a defined range, then automatically plots upper and lower breakout levels, targeting price movement once London opens.
The V9.4 version brings improved accuracy, optimized code, and dynamic range tracking, making it one of the most advanced tools for time-based forex trading.
Core Strategy & Logic
The indicator works by:
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Marking the Asian session high/low range
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Waiting for price to break out of this range when the London session opens
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Triggering directional bias (buy/sell zones) once breakout occurs
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Optionally plotting TP/SL zones and alerts
It’s a mechanical approach that removes emotions and focuses on the most volatile part of the forex day.
Key Features of London Breakout V9.4
✅ Asian Range Auto Detection
Auto-draws high/low zones from the Asian session.
✅ Customizable Breakout Time
Set your preferred breakout detection time (default is 7:00–9:00 GMT).
✅ Dynamic Range Calculation
Adapts to current volatility using ATR or pip-based logic.
✅ Multi-Pair Compatibility
Works flawlessly on EURUSD, GBPUSD, GOLD (XAUUSD), and more.
✅ Non-Repainting
The indicator does not repaint its signals after a breakout.
✅ Smart Alerts
Receive breakout alerts via pop-up, email, or push notification.
✅ Visual Interface
Clear box drawing, arrow indicators, and risk:reward labels.
What’s New in Version 9.4?
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Improved spread control filters for accurate breakouts
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ATR-based dynamic zone plotting
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Real-time arrow signal confirmation
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Optimized for low-latency VPS setups
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Clean UI with better chart performance
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Bug fixes from previous builds (8.x and below)
How to Trade with It
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Attach the indicator to a 15M or 30M chart.
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Select your session time (usually 23:00 to 06:00 GMT for Asian session).
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Let the box form and observe breakout zones.
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Enter trade once price breaks out and closes beyond the zone.
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Set TP and SL based on previous volatility or use the built-in auto-calculator.
Best Settings
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Timeframe: M15 or M30
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Pairs: EURUSD, GBPUSD, XAUUSD, USDJPY
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Broker: ECN or Raw Spread
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Minimum Deposit: $100
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Session: London Open (07:00 GMT – 09:00 GMT)
Who Should Use This Indicator?
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Traders who prefer rule-based systems
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Ideal for prop firm challenge participants
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Scalpers and day traders who trade high-volume hours
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Beginner to intermediate traders looking for consistency
Build With
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Developed in MQL4
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Uses time-zone independent logic
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Compatible with most MT4 brokers
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Lightweight, minimal impact on CPU usage
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Fully customizable input parameters
Thanks for the visit …
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