OPEN-SOURCE SCRIPT
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.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。