7AM Daily Open (Round to 0/5) + Alerts

12 ore fa

Indicator Description: 7AM Daily Open Zone (Rounded)
This indicator is designed to establish a daily trading range based on the market open at 07:00 AM (Bangkok Time, UTC+7). It automatically plots a central reference line and two boundary lines (Upper and Lower) to help traders identify key support and resistance zones for the day.

8 ore fa

Note di rilascio

Here is a concise English description of the script:

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### **Indicator Description: 7AM Rounded Open Zones**

This script establishes a daily trading framework based on the **07:00 AM (UTC+7)** opening price. It is designed to provide clean, psychological price levels for intraday trading.

* **Smart Rounding:** Automatically rounds the 7:00 AM opening price to the nearest **0 or 5 increment** (e.g., 5012.30 becomes 5010.00), creating "whole number" reference levels.
* **Dynamic Zones:** Plots a central **"Minor S/R"** line with an upper **"Resistance"** and lower **"Support"** line at a user-defined distance (default 500 points).
* **Daily Reset:** Features a built-in "No Gap" logic that resets and restarts the lines every morning, ensuring historical lines do not clutter the current day’s view.
* **Fully Customizable:**
* **Colors:** Change the line and text colors simultaneously via the Input menu.
* **Text:** Adjust labels and font sizes (Tiny to Huge) to fit your screen.
* **Alerts:** Integrated notifications when price crosses the boundaries.



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### **Quick User Guide:**

1. **Mid Line (Yellow):** The rounded 7:00 AM anchor point.
2. **Top/Bottom Lines (Green/Red):** Volatility boundaries for the day.
3. **Settings:** Use the **Inputs** tab (gear icon) to adjust colors, text, and rounding steps.

**Would you like me to add a feature to show the high/low of the first hour as well?**