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Morning Break Out

This indicator visualizes a classic morning breakout setup for the DAX and other European markets. The first hour often sets the tone for the trading day — this tool helps you identify that visually and react accordingly.
🔍 How It Works:
Box Range Calculation:
The high and low between 09:00 and 10:00 define the top and bottom of the box.
Color Logic:
Green: Price breaks above the box after 10:00 → bullish breakout
Red: Price breaks below the box after 10:00 → bearish breakout
Gray: No breakout → neutral phase
📈 Use Cases:
Identify breakout setups visually
Ideal for intraday traders and momentum strategies
Combine with volume or trend filters
⚙️ Notes:
Recommended for timeframes 1-minute and above
Uses the chart’s local timezone (e.g. CET/CEST for XETRA/DAX)
Works on all instruments with data before 09:00 — perfect for DAX, EuroStoxx, futures, FX, CFDs, etc.
🔍 How It Works:
Box Range Calculation:
The high and low between 09:00 and 10:00 define the top and bottom of the box.
Color Logic:
Green: Price breaks above the box after 10:00 → bullish breakout
Red: Price breaks below the box after 10:00 → bearish breakout
Gray: No breakout → neutral phase
📈 Use Cases:
Identify breakout setups visually
Ideal for intraday traders and momentum strategies
Combine with volume or trend filters
⚙️ Notes:
Recommended for timeframes 1-minute and above
Uses the chart’s local timezone (e.g. CET/CEST for XETRA/DAX)
Works on all instruments with data before 09:00 — perfect for DAX, EuroStoxx, futures, FX, CFDs, etc.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。