Strategy

London / New York breakout rules, simplified and consistent for backtesting and journaling.

Strategy overview

• Focus on London and New York sessions only.
• Mark the first 15 minutes range and wait for a clean breakout sequence.
• Important: the breakout confirmation candles must be on the 1-minute (1M) timeframe.

First 15 minutes marking

• Identify the first 15 minutes of the session.
• Mark the High and Low of that 15-minute range.

3-candle breakout rule (on 1M)

• Candle #1: any color/shape (inside or near the range edge).
• Candle #2: must show the breakout direction with a clear break of the range.
• Candle #3: must be the same direction as the breakout (confirmation).

FVG requirement

• FVG must form before the breakout and with the breakout sequence.
• Skip trades with no FVG.

Risk rules

• Stop Loss (SL): below Candle #1.
• Entry: on Candle #3.
• Main RR target: 1:2 (default Win = +2R, Loss = −1R, BE = 0R unless you override).

Simple example (text)

• Mark 15m range → Candle #1 prints → Candle #2 breaks high/low with direction → Candle #3 confirms.
• Enter on Candle #3, SL under Candle #1, target 1:2 (optional TP2/TP3 if POI/liquidity).

Account Settings

Equity compounding per trade: Risk% = (Trade override OR Default) RiskAmount = CurrentBalance × (Risk% / 100) PNL = RiskAmount × R BalanceAfter = CurrentBalance + PNL

Filters

Trades