OPEN-SOURCE SCRIPT
X-Break

X-Break — London Breakout Indicator
X-Break is a London Session Breakout indicator built on the Asian Range. It automatically calculates the Asian session high and low (03:00–10:00 UTC+3), draws the range box, and waits for a strong breakout candle after the London open (11:00 UTC+3).
How it works:
Builds the Asian Range box every day automatically
Looks for breakout signals only after London open
Confirms signals on candle close only — no repaint
Filters weak breakouts using candle body strength
Signal conditions:
BUY: Close above Asia High with strong bullish body
SELL: Close below Asia Low with strong bearish body
Built-in filters:
Min body % of bar: 60%
Min body vs Asia Range: 30%
Optional EMA trend filter
Optional ATR body filter
Risk Management:
TP and SL calculated automatically
Multiple SL modes: AsiaRange · Asia Edge · ATR · % of Price · Points
Supports single R:R or split TP/SL mode
Best timeframe: 15 minutes
Best markets: US100 · US30 · US500 · XAUUSD · BTCUSD
Alerts: Built-in BUY and SELL alerts — set to Once Per Bar Close
X-Break is a London Session Breakout indicator built on the Asian Range. It automatically calculates the Asian session high and low (03:00–10:00 UTC+3), draws the range box, and waits for a strong breakout candle after the London open (11:00 UTC+3).
How it works:
Builds the Asian Range box every day automatically
Looks for breakout signals only after London open
Confirms signals on candle close only — no repaint
Filters weak breakouts using candle body strength
Signal conditions:
BUY: Close above Asia High with strong bullish body
SELL: Close below Asia Low with strong bearish body
Built-in filters:
Min body % of bar: 60%
Min body vs Asia Range: 30%
Optional EMA trend filter
Optional ATR body filter
Risk Management:
TP and SL calculated automatically
Multiple SL modes: AsiaRange · Asia Edge · ATR · % of Price · Points
Supports single R:R or split TP/SL mode
Best timeframe: 15 minutes
Best markets: US100 · US30 · US500 · XAUUSD · BTCUSD
Alerts: Built-in BUY and SELL alerts — set to Once Per Bar Close
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.