Introduction

Ever felt like you just missed a huge market move during the London session? Yeah… it stings. One moment you’re sipping coffee, next moment price breaks out and runs 50 pips — without you.

That’s why smart traders use the London Breakout V9.4 Indicator for MT4. This tool was built for a single purpose: catch early-morning breakouts as they explode during the London market open.

Designed for the MetaTrader 4 platform, this indicator helps you spot high-probability setups right when European banks start making noise. You don’t need to guess or “hope” anymore — just react to clean, visual cues backed by strategy.

Let’s dive into why this thing is a must-have weapon in every serious trader’s toolkit.

Overview – What Is London Breakout V9.4?

The London Breakout V9.4 Indicator is a proven MT4 tool that identifies breakout zones formed during the Asian session and plots them clearly for London session entries.

The idea is simple:
→ Asian session = consolidation
→ London open = volatility surge
→ We ride the breakout

This indicator automates that logic, drawing upper and lower breakout lines based on recent price action between 00:00 and 06:00 GMT (adjustable). When price breaks out of that range with volume, the indicator fires a signal — and that’s your entry.

Best part? It works for XAUUSD, GBPUSD, EURUSD, USDJPY, indices like NAS100, and even crypto pairs on 24/7 brokers.

Key Features

• • Clearly marked breakout zones from Asian range
• • Adjustable session times (default: 00:00–06:00 GMT)
• • Works on M15 / M30 / H1 timeframes
• • High probability signals for Gold, GBPUSD, EURUSD, US30, etc.
• • Auto SL/TP suggestion based on range size
• • Alerts via popup, sound, or mobile MT4 notification
• • Breakout direction label: Long/Short + confirmation wick check
• • Reversal trap filter – reduces false breakouts
• • News filter built-in (optional toggle)
• • No repainting or delayed signals
• • Color-customizable zone boxes
• • Great for both manual & EA-assisted trading

The Strategy Behind It – Why It Works

Let’s keep it real: the London session is where real trading volume kicks in. Banks, institutions, and hedge funds open their books and cause big directional moves, especially on GBP and EUR pairs.

Here’s what this indicator does:

  1. Identifies the Asian Range
    → Between 00:00 to 06:00 GMT, it tracks the highest high and lowest low

  2. Plots breakout box above and below the range

  3. Waits for a clean breakout candle with body > 50% of range

  4. Signals entry, optionally with TP/SL markers based on risk ratio

It’s not random. It’s the most time-tested intraday strategy in existence. You’ve probably seen versions of it in forums — but this one is automated, clean, and configurable.

Backtest & Live Results

Want proof it works? Let’s look at some numbers.

✅ Backtest Snapshot (2021–2024)

  • Pair: GBPUSD

  • Timeframe: M30

  • London Breakout Strategy using Indicator

  • Total trades: 780

  • Win Rate: 72.6%

  • Avg R:R: 1:1.5

  • Max Drawdown: 4.3%

 

 

 

 

✅ Real Chart Example

 

 


Alt text: Example of successful XAUUSD breakout on London Breakout V9.4 during London session

 

Price broke above the Asian box, retested, and shot up 80 pips. Clean and simple.

How to Install London Breakout V9.4 in MT4

???? Step-by-Step Setup

  1. Download the indicator from MQL5.software
    ???? Click here to download

  2. Launch MetaTrader 4 → File → Open Data Folder
    → Navigate to MQL4/Indicators/
    → Paste the .ex4 or .mq4 file

  3. Restart MT4

  4. Drag the indicator onto a M30 or H1 chart (GBPUSD or XAUUSD recommended)

  5. Set your timezone and Asian session timing (defaults work fine for GMT+0 brokers)

  6. Enable alerts, toggle news filters, and boom — you’re ready.

 

 


Alt text: MT4 settings panel for configuring London Breakout V9.4 indicator

 

Best Pairs & Timeframes to Use

  • GBPUSD (Highest London breakout volatility)

  • XAUUSD (Gold) – explosive moves at London/NY overlap

  • EURUSD – smooth breakouts post-ECB news

  • US30 / NAS100 – early moves near NY open

  • BTCUSD (on 24/7 brokers) – range breakouts at 06:00 GMT

✅ Recommended Timeframes:
• M15 → faster entries
• M30 → cleaner structure
• H1 → for swing traders

Why YoForex Recommends It

We’ve tested over 300 indicators. Most just throw arrows. But London Breakout V9.4 stands out because:

✔️ It's based on real institutional behavior
✔️ Works across pairs and timeframes
✔️ Minimizes drawdown by using range logic
✔️ Reduces noise with breakout filters
✔️ Is 100% free to use and regularly updated

Looking for more tools like this? Explore our Beginner Tools & Strategies section.

Support & Contact

Got questions? We’ve got your back.

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We offer full installation support, strategy Q&A, and even live sessions for feedback.

 

 

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