INVITE-ONLY SCRIPT
Aggiornato Multi-Timeframe Session Levels with PVSRA Imbalance & EMAs
Overview and Inspiration: This indicator is inspired by forex trading strategies that emphasize session-based high/low levels, imbalances (fair value gaps), and volume analysis for identifying key support/resistance and entry points. Adapted for Bitcoin (BTC) trading, it leverages the 24/7 nature of crypto markets while using traditional forex session times in New York (NY) timezone to define ranges, allowing traders to apply structured concepts like session highs/lows and midpoints to BTC for potential high-probability setups.
Weekly Levels (5pm Sunday to 5pm Friday NY Time): Calculates the high, low, and midpoint (50%) of the previous week, starting from Sunday at 5pm NY to Friday at 5pm NY. These levels act as major support/resistance zones for the current week. Plotted as extendable lines with customizable colors (default: cyan for high/low, cyan for mid dotted) and thickness. Labels like 'pwHigh' (previous week high) appear on the right, grouping overlapping levels for clarity.
Daily Levels (5pm to 5pm NY Time): Tracks the high, low, and midpoint of the previous day, using the 5pm NY close as the daily reset. Ideal for intraday trading, these levels highlight potential reversal or continuation points. Lines are customizable (default: lime green for high/low, lime green for mid dotted), with labels like 'pdHigh' (previous day high).
Asia Range (20:00 to 3:00 NY Time): Focuses on the Asian session, from 8pm to 3am NY time, which is typically low-volatility but can set key ranges. Plots current session's high, low, and midpoint as lines (default: gray for high/low, gray for mid dotted), with labels like 'asia high'. Useful for identifying ranges that may be tested during higher-volume periods.
US Settle Box (4:45pm NY on Fridays): On 15-minute charts, highlights the US settle period at 4:45pm NY on Fridays with a box (default dark gray background) and mid dotted line (default white). Marks potential volatility or liquidity events at week-end.
Exponential Moving Averages (EMAs): Overlays EMAs of lengths 10 (white), 20 (cyan), 50 (lime green), 200 (purple), and 800 (red), with customizable colors and thicknesses. Toggleable on/off via 'Show EMAs'. EMAs serve as dynamic support/resistance or trend filters.
PVSRA (Price Volume Social Reaction Analysis) Candle Coloring: Colors candles based on volume relative to a 10-period SMA and weighted high-low range: High volume (200%+): Lime (bull) or red (bear).
Medium volume (150%+): Blue (bull) or fuchsia (bear).
Normal volume: White (bull) or gray (bear).
Customizable colors; overrides default candles when enabled. Highlights unusual volume activity.
Imbalance logic adapted from 'Unrecovered Imbalanced Zone with PVSRA' by theodrak."
Imbalanced Zones: Detects candle imbalances (gaps between highs/lows of adjacent candles), drawing extendable boxes with mid dotted lines. These highlight areas where price may return. Options include showing only on higher timeframes, marking full bodies/wicks, extending zones, displaying unrecovered portions, and invalidation percentage (default 75%). Colors match volume categories; zones delete when penetrated or recovered.
Alerts: Configurable alerts for new imbalanced candles, filtered by direction and volume level (any, 150%+, 200%, or average). Enables notifications for potential setups.
Customization and Usage Tips: All colors, thicknesses, and extensions are input-adjustable. For BTC, use on perpetual futures charts (e.g., BINANCE:BTCUSDT.P) with volume override for accurate analysis. Combine levels with EMAs for confluence (e.g., buy at Asia low near 200 EMA). Focus on breakouts or reversals from these ranges during active periods like 3am-7am NY or 8am NY.
Invite only script if you are interested in using this indicator reach out to me via message on tradingview for more details
Weekly Levels (5pm Sunday to 5pm Friday NY Time): Calculates the high, low, and midpoint (50%) of the previous week, starting from Sunday at 5pm NY to Friday at 5pm NY. These levels act as major support/resistance zones for the current week. Plotted as extendable lines with customizable colors (default: cyan for high/low, cyan for mid dotted) and thickness. Labels like 'pwHigh' (previous week high) appear on the right, grouping overlapping levels for clarity.
Daily Levels (5pm to 5pm NY Time): Tracks the high, low, and midpoint of the previous day, using the 5pm NY close as the daily reset. Ideal for intraday trading, these levels highlight potential reversal or continuation points. Lines are customizable (default: lime green for high/low, lime green for mid dotted), with labels like 'pdHigh' (previous day high).
Asia Range (20:00 to 3:00 NY Time): Focuses on the Asian session, from 8pm to 3am NY time, which is typically low-volatility but can set key ranges. Plots current session's high, low, and midpoint as lines (default: gray for high/low, gray for mid dotted), with labels like 'asia high'. Useful for identifying ranges that may be tested during higher-volume periods.
US Settle Box (4:45pm NY on Fridays): On 15-minute charts, highlights the US settle period at 4:45pm NY on Fridays with a box (default dark gray background) and mid dotted line (default white). Marks potential volatility or liquidity events at week-end.
Exponential Moving Averages (EMAs): Overlays EMAs of lengths 10 (white), 20 (cyan), 50 (lime green), 200 (purple), and 800 (red), with customizable colors and thicknesses. Toggleable on/off via 'Show EMAs'. EMAs serve as dynamic support/resistance or trend filters.
PVSRA (Price Volume Social Reaction Analysis) Candle Coloring: Colors candles based on volume relative to a 10-period SMA and weighted high-low range: High volume (200%+): Lime (bull) or red (bear).
Medium volume (150%+): Blue (bull) or fuchsia (bear).
Normal volume: White (bull) or gray (bear).
Customizable colors; overrides default candles when enabled. Highlights unusual volume activity.
Imbalance logic adapted from 'Unrecovered Imbalanced Zone with PVSRA' by theodrak."
Imbalanced Zones: Detects candle imbalances (gaps between highs/lows of adjacent candles), drawing extendable boxes with mid dotted lines. These highlight areas where price may return. Options include showing only on higher timeframes, marking full bodies/wicks, extending zones, displaying unrecovered portions, and invalidation percentage (default 75%). Colors match volume categories; zones delete when penetrated or recovered.
Alerts: Configurable alerts for new imbalanced candles, filtered by direction and volume level (any, 150%+, 200%, or average). Enables notifications for potential setups.
Customization and Usage Tips: All colors, thicknesses, and extensions are input-adjustable. For BTC, use on perpetual futures charts (e.g., BINANCE:BTCUSDT.P) with volume override for accurate analysis. Combine levels with EMAs for confluence (e.g., buy at Asia low near 200 EMA). Focus on breakouts or reversals from these ranges during active periods like 3am-7am NY or 8am NY.
Invite only script if you are interested in using this indicator reach out to me via message on tradingview for more details
Note di rilascio
Overview and Inspiration: This indicator is inspired by forex trading strategies that emphasize session-based high/low levels, imbalances (fair value gaps), and volume analysis for identifying key support/resistance and entry points. Adapted for Bitcoin (BTC) trading, it leverages the 24/7 nature of crypto markets while using traditional forex session times in New York (NY) timezone to define ranges, allowing traders to apply structured concepts like session highs/lows and midpoints to BTC for potential high-probability setups.Weekly Levels (5pm Sunday to 5pm Friday NY Time): Calculates the high, low, and midpoint (50%) of the previous week, starting from Sunday at 5pm NY to Friday at 5pm NY. These levels act as major support/resistance zones for the current week. Plotted as extendable lines with customizable colors (default: cyan for high/low, cyan for mid dotted) and thickness. Labels like 'pwHigh' (previous week high) appear on the right, grouping overlapping levels for clarity.
Daily Levels (5pm to 5pm NY Time): Tracks the high, low, and midpoint of the previous day, using the 5pm NY close as the daily reset. Ideal for intraday trading, these levels highlight potential reversal or continuation points. Lines are customizable (default: lime green for high/low, lime green for mid dotted), with labels like 'pdHigh' (previous day high).
Asia Range (20:00 to 3:00 NY Time): Focuses on the Asian session, from 8pm to 3am NY time, which is typically low-volatility but can set key ranges. Plots current session's high, low, and midpoint as lines (default: gray for high/low, gray for mid dotted), with labels like 'asia high'. Useful for identifying ranges that may be tested during higher-volume periods.
US Settle Box (4:45pm NY on Fridays): On 15-minute charts, highlights the US settle period at 4:45pm NY on Fridays with a box (default dark gray background) and mid dotted line (default white). Marks potential volatility or liquidity events at week-end.
Exponential Moving Averages (EMAs): Overlays EMAs of lengths 10 (white), 20 (cyan), 50 (lime green), 200 (purple), and 800 (red), with customizable colors and thicknesses. Toggleable on/off via 'Show EMAs'. EMAs serve as dynamic support/resistance or trend filters.
PVSRA (Price Volume Social Reaction Analysis) Candle Coloring: Colors candles based on volume relative to a 10-period SMA and weighted high-low range: High volume (200%+): Lime (bull) or red (bear).
Medium volume (150%+): Blue (bull) or fuchsia (bear).
Normal volume: White (bull) or gray (bear).
Customizable colors; overrides default candles when enabled. Highlights unusual volume activity.
Imbalance logic adapted from 'Unrecovered Imbalanced Zone with PVSRA' by theodrak."
Imbalanced Zones: Detects candle imbalances (gaps between highs/lows of adjacent candles), drawing extendable boxes with mid dotted lines. These highlight areas where price may return. Options include showing only on higher timeframes, marking full bodies/wicks, extending zones, displaying unrecovered portions, and invalidation percentage (default 75%). Colors match volume categories; zones delete when penetrated or recovered.
Alerts: Configurable alerts for new imbalanced candles, filtered by direction and volume level (any, 150%+, 200%, or average). Enables notifications for potential setups.
Customization and Usage Tips: All colors, thicknesses, and extensions are input-adjustable. For BTC, use on perpetual futures charts (e.g., BINANCE:BTCUSDT.P) with volume override for accurate analysis. Combine levels with EMAs for confluence (e.g., buy at Asia low near 200 EMA). Focus on breakouts or reversals from these ranges during active periods like 3am-7am NY or 8am NY.
Invite only script if you are interested in using this indicator reach out to me via message on tradingview for more details
Script su invito
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Istruzioni dell'autore
Invite-only script. If you are interested in using this indicator, please reach out to me via a message on TradingView for access details.
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.
Declinazione di responsabilità
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Script su invito
Solo gli utenti approvati dall'autore possono accedere a questo script. È necessario richiedere e ottenere l'autorizzazione per utilizzarlo. Tale autorizzazione viene solitamente concessa dopo il pagamento. Per ulteriori dettagli, seguire le istruzioni dell'autore riportate di seguito o contattare direttamente Luckyjimbob111.
TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
Istruzioni dell'autore
Invite-only script. If you are interested in using this indicator, please reach out to me via a message on TradingView for access details.
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.