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Breakoutprop Daily Reset

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# Breakoutprop Daily Reset

This indicator helps Breakoutprop prop firm traders visualize daily reset times on their charts with precision. The indicator draws a vertical line at the exact reset time, making it easy to track when your daily profit/loss calculations will reset.

## What is this indicator for?

Breakoutprop and many other prop firms use a daily reset system where your trading metrics (like maximum drawdown) reset at a specific time each day. This indicator:

- Shows the exact daily reset time with a vertical line on your chart
- Helps you plan your trades around reset times
- Provides clear visual reference for when your daily trading metrics will reset

## Main Features

- **Daily Reset Visualization**: Clear vertical line showing when your daily metrics will reset
- **UTC Time Display**: Time label showing the exact reset time in UTC
- **Customizable Appearance**: Adjust colors, line styles, and transparency to match your chart setup
- **Advanced Customization**: Fully adjustable label positioning, sizes, and color settings
- **Additional Price Line**: Optional feature to mark significant price levels if needed (disabled by default)

## How to Use

### Basic Setup
1. Add the indicator to your chart
2. Set the reset hour and minute to match your Breakoutprop account's daily reset time (default is 00:30 UTC)
3. The indicator will automatically show a vertical line at the next reset time

### Appearance Customization
- Modify colors, line width, and style in the "Appearance Settings" group
- Adjust label settings in the "Label Settings" group
- Use "Compact Mode" to show only the time without additional text

### Additional Features (Optional)
- The indicator includes an optional price line feature that can be enabled if needed
- This is disabled by default but can be activated in the "Price Line Settings" section

## Tips for Breakoutprop Traders

- Set this indicator to match your account's specific reset time (check your Breakoutprop dashboard)
- Use the "Extend Lines" option to see the reset time projected across your entire chart
- Customize the label appearance and position to avoid overlapping with price action
- For night traders, the indicator automatically calculates the next reset time

This indicator is specifically designed for Breakoutprop traders but works with any prop firm that uses daily reset times for tracking trading performance.

Penafian

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