LON-NY 突破 (LON-NY Breakout)

Hi All,

First of all this is a system that has not been fully developed yet but visually as you see it looks like one that could be very profitable. Maybe it has been before but I personally have never see it.

Basically we are trading the breakout of BOTH the previous London AND NY trading sessions.

The white boxes on the chart represent BOTH the London and NY trading sessions for each day.



This system will trade the breakout of the levels set by the previous box (see red lines)



As you can see the breakout can happen at anytime after the session has closed.
The breakout could also happen during the next London and NY session. We are free to trade the breakout as and when we see fit.

Below is a template so that you can quickly apply to your charts and quickly see for yourselves the opportunity that is presented.
NOTE - You will need to set the indicator to reflect the timezone of your own MT4 servers.