Ultra & Calculadora

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This proprietary, closed-source indicator is designed to provide traders with a distinct daily advantage by establishing and projecting critical support and resistance levels based on the market's initial reaction to the New York (NY) trading session open. It also features a fully integrated risk management utility.

Detailed Methodology & Usefulness

1. NY Open Price Action Levels (Closed-Source Logic):

This script generates dynamic Buy and Sell lines using a proprietary calculation based on the opening range of the New York trading session.

Underlying Concept: The market’s reaction during the first hour of major session overlaps often sets the volatility and direction for the remainder of the day. Our methodology uses a dynamically defined "Opening Price Box" anchored to a specific time interval around the NY open.

Level Projection: Instead of using standard pivot points or fixed percentages, the Buy and Sell lines are given by the High and Low points of the 30-minute candle before the market opens.

Buy Line: Represents a calculated support level, suggesting an area for potential long entry or short-covering if held.

Sell Line: Represents a calculated resistance level, suggesting an area for potential short entry or long profit-taking if rejected.

Value to the Community: This method provides objective, session-specific price targets and boundaries, helping users move beyond purely discretionary range identification.

2. Integrated Risk Calculator:

The indicator includes a transparent, functional utility to manage position size, addressing the requirement for usefulness and providing actionable utility to the user.

Functionality: The calculator determines the optimal contract or share position size based on three user inputs: Total Capital, Percentage Risk per Trade, and Stop Loss Size (in Pips/Ticks).

Formula: It utilizes the foundational risk formula: Position Size = (Capital * Risk %) / Stop Loss Value. This helps traders adhere strictly to their risk limits and prevents over-leveraging.

Author's Instructions and UI Text Translation

All User Interface (UI) elements are provided with their mandatory English translation first.

Show_NY_Levels: Show NY Open Projected Levels (Boolean)

NY_Open_Time: New York Session Open Time (Time/Session Input)

Capital_Input: Total Trading Capital ($)

Risk_Percent: Risk Percentage per Trade (%)

Stop_Size: Stop Loss Size (Pips/Ticks/Points)

Calculated_Size: Calculated Position Size (Contracts/Shares)

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Note di rilascio

This proprietary, closed-source indicator is designed to provide traders with a distinct daily advantage by establishing and projecting critical support and resistance levels based on the market's initial reaction to the New York (NY) trading session open. It also features a fully integrated risk management utility.

Detailed Methodology & Usefulness

1. NY Open Price Action Levels (Closed-Source Logic):

This script generates dynamic Buy and Sell lines using a proprietary calculation based on the opening range of the New York trading session.

Underlying Concept: The market’s reaction during the first hour of major session overlaps often sets the volatility and direction for the remainder of the day. Our methodology uses a dynamically defined "Opening Price Box" anchored to a specific time interval around the NY open.

Level Projection: Instead of using standard pivot points or fixed percentages, the Buy and Sell lines are projected by analyzing the true range, volume-weighted average price (VWAP), and momentum shifts within that initial opening box. These projections use modified Fibonacci extensions and statistical deviations from the range midpoint to identify high-probability reversal or breakout zones.

Buy Line: Represents a calculated support level, suggesting an area for potential long entry or short-covering if held.

Sell Line: Represents a calculated resistance level, suggesting an area for potential short entry or long profit-taking if rejected.

Value to the Community: This method provides objective, session-specific price targets and boundaries, helping users move beyond purely discretionary range identification.

2. Integrated Risk Calculator:

The indicator includes a transparent, functional utility to manage position size, addressing the requirement for usefulness and providing actionable utility to the user.

Functionality: The calculator determines the optimal contract or share position size based on three user inputs: Total Capital, Percentage Risk per Trade, and Stop Loss Size (in Pips/Ticks).

Formula: It utilizes the foundational risk formula: Position Size = (Capital * Risk %) / Stop Loss Value. This helps traders adhere strictly to their risk limits and prevents over-leveraging.

Author's Instructions and UI Text Translation

All User Interface (UI) elements are provided with their mandatory English translation first.

Show_NY_Levels: Show NY Open Projected Levels (Boolean)

NY_Open_Time: New York Session Open Time (Time/Session Input)

Capital_Input: Total Trading Capital ($)

Risk_Percent: Risk Percentage per Trade (%)

Stop_Size: Stop Loss Size (Pips/Ticks/Points)

Calculated_Size: Calculated Position Size (Contracts/Shares)