SRBI BARHAM

Session Range Breakout Indicator (SRBI)

This indicator plots the high and low of the first hour of each selected trading session, forming what we call the Dynamic Range (DR) — a key zone where early session liquidity gets set. It’s designed to help you catch clean breakouts and directional moves right when the algos kick in.

Session Coverage:
• London Session (best performance)
• Tokyo Session (second best)
• New York Session

You can choose which sessions to display — each one can be turned on or off manually to fit your trading focus.

How it works:
• After the first hour of the selected session, the DR High and DR Low are drawn.
• If the 5-minute candle closes above the DR High, the DR Low will likely become the low of the day/session (also becomes stop loss in case you went long).
• If the 5-minute candle closes below the DR Low, the DR High will likely be the high of the day/session (also becomes stop loss in case you went short).
• Most setups become invalid once the session ends, so it’s best to focus on setups that form during the active session hours.

Trade Setup Logic:
• Entry: On a confirmed 5-minute close outside the DR range
• Stop Loss (SL): Just at the opposite side of the DR range
• Take Profits (TP):
• TP1: 1x the DR range (automatically set with fib retracement)
• TP2: 2x the DR range (automatically set with fib retracement) or nearest market structure
• Targets are auto-drawn using Fibonacci extensions for fast decision-making

Markets:

• USD/JPY and Gold are the most effective pairs for this strategy
• Also works on crypto during the weekends
• You can explore and test it on other pairs.

Timeframe: 5-minute only
Style: Intraday breakout trading with early session confirmation

This tool is great for traders looking for bias clarity, clean execution levels, and dynamic targets without clutter or overcomplication. Add it to your toolkit and let structure guide your session plays.

This tool is free to use and built for learning and testing purposes only. Please try it out with paper trading first, and feel free to share any feedback or suggestions — all input is appreciated.