The Time To Break Even Indicator v2 is a trading indicator designed to assist traders in timing their market entries. It calculates the number of pips required for a trade to break even and compares this with the current price movement speed. The indicator then plots the estimated time in seconds for the trade to reach break-even. A smaller value indicates a fast-moving market in the trade’s favor, while a larger value suggests slower or adverse price movement.

This indicator is intended for use on the 1 Tick Time Frame. Key configurable parameters include trade volume (in lots), trade type (buy or sell), required commission, the period for the Simple Moving Average (SMA) plot (default 14), and a maximum seconds limit to control the indicator’s scale (default 120 seconds). The indicator displays two lines: the main plot line (default green) and the SMA plot line (default yellow).

By limiting the maximum seconds displayed, the indicator maintains detail visibility when break-even times are short. Users should verify the indicator’s results for accuracy before live trading. No warranty or liability is provided for trading outcomes based on this indicator.