5mn London-Newyork best entry by Profitcosmos)

This indicator is engineered for scalpers and day traders who trade during the London and New York sessions — the most volatile and liquid market hours.
It automatically detects high-probability breakout structures, filters false moves using ATR-based volatility logic, and dynamically projects Entry, Stop Loss (SL), and Take Profit (TP) levels directly on the chart.

⚙️ Core Features

🧠 Smart Market Structure Detection:
Automatically identifies bullish and bearish structure shifts using swing highs/lows.

📊 ATR Volatility Filter:
Uses an adaptive ATR multiplier to confirm genuine breakouts and filter noise.

🕒 Session Filter (Optional):
Restrict signals to your chosen trading hours — ideal for London and New York overlap.

🎯 Auto Entry / SL / TP Projection:

SL: Placed below (for BUY) or above (for SELL) the two previous candle extremes.

TP: Automatically calculated at 3× the distance from Entry to SL.

Projection: Visual lines and labels extend 100 bars into the future, clearly marking your trade levels.

🔁 Alternating Signal Logic:
Prevents consecutive duplicate signals to keep the chart clean and trades logical.

📈 Visual Clarity:
Each trade setup is plotted with colored lines (Entry, SL, TP) and labels pointing left for easy visibility.

🔔 Alerts Ready:
Built-in alerts for both BUY and SELL signals to automate or notify your entries.

🪙 Why you will Love It

This tool helps identify the cleanest momentum-based entries in the 5-minute chart during high-volume hours.
It’s especially effective for XAUUSD, NAS100, and major Forex pairs, where breakout structure shifts happen fast and decisively.

🧭 Recommended Settings

Timeframe: 5 minutes

Sessions: London (3–10 AM EST) & New York (8 AM–4 PM EST)

ATR Multiplier: 1.2–1.5 (adjust for volatility)