Distribution Quarter Indicator

19 set

This indicator automatically draws vertical lines at the two most important distribution quarter times in the trading day:

6:00 AM NY time (Market preparation phase)
12:00 PM NY time (Midday distribution period)

Key Features:
✅ 15-minute timeframe only - Designed specifically for intraday distribution analysis
✅ Automatic time detection - Uses NY timezone (UTC-4) for accurate timing
✅ Fully customizable lines - Choose between solid, dotted, or dashed styles
✅ Adjustable line width - Set thickness from 1-5 pixels
✅ Custom colors - Individual color settings for each time marker
✅ Optional labels - Toggle time labels on/off
✅ Historical coverage - Lines appear on all past and future data

Perfect For:
Day traders tracking distribution patterns
Scalpers identifying key time-based levels
Anyone analyzing intraday market structure around quarter periods

How to Use:
Apply to any 15-minute chart
Customize line styles and colors in settings
Lines will automatically appear at the specified NY times
Use as reference points for distribution analysis

Note: Indicator only functions on 15-minute timeframes and includes a helpful reminder if used on other timeframes.

19 set

Note di rilascio

Distribution Quarter Indicator
Mark key distribution times with vertical lines at 6:00 AM and 12:00 PM NY time

Features:
Flexible timeframes - Choose 1m, 5m, 15m, 30m, 1H, 4H (15m default)
Future lines - Shows next upcoming quarter times
Customizable - Line style, width, colors, labels
Historical data - Lines on all past candles

Perfect for:
Day traders tracking distribution patterns
Planning entries around key NY session times
Market structure analysis

Setup:
Select timeframes with checkboxes
Customize line appearance in settings
Lines automatically appear at 6:00 AM and 12:00 PM NY time

Simple, clean, and effective for distribution quarter analysis.