LONDON RIPPER Breakout · Daytrade EURUSD

What it does
The script hunts for the first decisive break of the Tokyo range when London liquidity comes online. It fires long or short only if:

Price leaves the Asia box (05 : 00 – 06 : 55 GMT).
The break occurs inside the EU Entry Window (07 : 00 – 08 : 30 GMT).

Relative Volume (rVol) confirms momentum
- Longs: rVol ≥ 1  - Shorts: rVol < 1

Bollinger Band filter adds extra thrust confirmation
- Longs: close > upper band - Shorts: close < lower band.

Stop-loss is always the opposite side of the Asia box. No targets—let the move run.
All orders are sent on bar close with standard OHLC fills—no repaint, no intrabar peeking.

Default inputs
Anchor TF  ………… 1 Day (volume baseline)
rVol Length ………… 9 bars (cumulative mode)
Tokyo Session …… 05 : 00-06 : 55 GMT
EU Session (full) … 07 : 00-13 : 00 GMT
EU Entry Window … 07 : 00-08 : 30 GMT
BB Length  ………… 20   | Basis MA: SMMA (RMA) | StDev Mult: 2

All times are editable and use the Session Time-Zone = GMT by default.

Strategy properties used in the back-test
Initial capital: 100 000
Order size: 5 % of equity | Pyramiding: 1
Commission: 0.0001 USD per contract
Slippage: 3 ticks
Recalculate: none | Fill orders: On bar close + Standard OHLC

Feel free to adjust these values to match your broker’s conditions.

How to use
Add the script to any intraday EURUSD chart (≤ 30 min works best from our testings).
Check that your broker’s session times line up—modify if needed.
Keep risk sensible; the default 5 % per trade is a placeholder, not advice.
Let the strategy run only during the European session; it auto-flattens outside 07-13 GMT.

Important notes
Requires a feed that supplies real volume (needed for rVol).
No request.security() with look-ahead—this code is 100 % forward-safe.
Past results never guarantee future returns. London news spikes can still blow through stops. Test before you trade live.


Credits
Built from scratch using only TradingView built-in functions and the official ta library. No external code reused.

Trade disciplined, and may the Ripper be with you!