Inizia

Multitimeframe

Smart RSI DashboardThis script is a multi-timeframe dashboard indicator that analyzes Stochastic RSI and trend direction using EMA-based logic, with optional signal alerts when price reaches Fibonacci levels on the active chart. It includes: - Customizable colors for RSI and trend states - Buy/Sell signal detection based on: - RSI being oversold or overbought - Trend direction: Uptrend or Downtrend - Price reaching Fibonacci key zones (0.618 for support, 0.382 for resistance) - A floating table showing RSI status and trend across multiple timeframes 🔍 Detailed Breakdown: | Component | Purpose | | indicator(...) | Declares the indicator and sets it to overlay directly on the chart. | | input.color(...) | Lets the user customize visual colors for RSI and trend states. | | stoch() function | Calculates Stochastic RSI from the RSI values over a given period. | | getStatus() | Returns text status "Oversold ✅", "Overbought ❌", or "Neutral" based on RSI thresholds. | | getTrend() | Compares EMA(10) and EMA(50) to define "Uptrend 🔼", "Downtrend 🔽", or "Sideways". | | Fibonacci levels | Automatically calculates 0.382 and 0.618 retracement levels from the last 100 candles. | | Signals & Alerts | Detects buy/sell setups when RSI + trend + Fibonacci are aligned. Triggers alerts accordingly. | | Dashboard table | Displays RSI and trend status for 5 timeframes (5m, 15m, 1H, 4H, 1D) in top-right corner. | "This indicator analyzes market conditions using Stochastic RSI and EMA-based trend direction across multiple timeframes. It provides buy/sell signals when price reaches Fibonacci support/resistance levels and RSI/trend conditions agree. Users can customize display colors, and use real-time alerts for signal execution."
Indicatore Pine Script®
di Msarawut
Pattern Finder with MTF Boxes (Break - Fixed)Script Title: MTF Supply/Demand Zone Indicator with Candlestick Pattern Confirmation Short Description: This advanced strategy identifies key Supply and Demand zones (Order Blocks) on higher timeframes (30m & 1h) and then waits for a pullback to these zones on the current timeframe. The final entry signal is triggered upon the appearance of a valid candlestick pattern (e.g., Hammer, Engulfing) within these zones. Full Description: Introduction & Core Concept This script is a powerful trading tool based on a combination of the following concepts: Multi-Timeframe (MTF) Analysis: Identifying significant structures on higher timeframes to understand the bigger market picture. Supply and Demand Zones: Finding areas where an imbalance between buyers and sellers has caused strong price movements. Candlestick Patterns: Using classic candlestick patterns as the final confirmation for entering a trade at these key zones. The main idea is to avoid trading blindly and instead wait for the price to react to a significant zone, then enter with a confirmation signal. How the Strategy Works (Step-by-Step) Identifying the Key Pattern on Higher Timeframes: The script continuously monitors the 30-minute and 1-hour charts to find a specific pattern: a short consolidation period (usually 1-4 candles) immediately followed by a breakout with a powerful, high-momentum candle (Long Bar). This pattern indicates the formation of a fresh Supply or Demand Zone. Drawing the Supply and Demand Boxes: Green Box (Demand Zone): When a minor high is broken by a bullish Long Bar, this area is identified as potential support and marked with a green box. Red Box (Supply Zone): When a minor low is broken by a bearish Long Bar, this area is identified as potential resistance and marked with a red box. White Box (Long Bar / Trigger Zone): This box highlights the range of the Long Bar candle itself. A break of or return to this zone provides important signals. Waiting for a Pullback: After a zone is identified and drawn, the strategy waits for the price on your current chart to pull back into this box. Entry Confirmation with Candlestick Patterns: Once the price enters the box, the script looks for reversal candlestick patterns: In a Demand Zone (Green Box): It looks for bullish patterns like the Hammer, Bullish Engulfing, Bullish Harami, and Morning Star. Upon detection, a BUY label appears on the chart. In a Supply Zone (Red Box): It looks for bearish patterns like the Hanging Man, Shooting Star, Bearish Engulfing, Bearish Harami, and Evening Star. Upon detection, a SELL label appears. Breakout Signal: In addition to reversal signals, if the price breaks the White Box (Long Bar Zone) in the opposite direction, a breakout signal is generated, which could indicate a trend continuation. Visual Elements on the Chart Green/Red Boxes: The primary Supply and Demand zones from higher timeframes. White Boxes: The range of the Long Bar candle that activated the primary zone. BUY/SELL Labels: Trade signals that appear after a candlestick confirmation within the zones. Moving Averages (SMA 100 & 200): Included to help identify the overall market trend. Trades aligned with the trend are generally more reliable. Input Settings period ATR & Bar multiplayer: Allow you to customize the definition of a "Long Bar" based on market volatility. Number of candle for long bar avrage: The lookback period for calculating the average candle body size. multiplayer for tp: A multiplier to calculate the take-profit based on the stop-loss size (Risk-to-Reward ratio). How to Use This Strategy Apply the script to your main trading timeframe (e.g., 5-minute or 15-minute). Wait for a Supply (Red) or Demand (Green) zone to be drawn on your chart. Be patient and wait for the price to return to this zone. If a BUY or SELL label appears, consider it a valid entry signal. Always combine these signals with your own analysis and the overall market context. Disclaimer: This script is an analytical tool and should not be the sole basis for your trading decisions. Always practice proper risk management and thoroughly backtest its performance before using it in a live account.
Indicatore Pine Script®
di hassansadeghirashed
Candle Pattern Detector By Prashanth Bullish Signal (🟢 below candle): Plotted when any of the following occur: ✅ Bullish Engulfing ✅ Bullish Three-Line Strike ✅ Bottom wick ≥ % threshold (default: 80%) Bearish Signal (🔴 above candle): Plotted when any of the following occur: ❌ Bearish Engulfing ❌ Bearish Three-Line Strike ❌ Top wick ≥ % threshold (default: 80%) Only one signal per candle (🟢 or 🔴) If both bullish and bearish conditions happen on same candle → no signal Helps simplify visual clutter while scanning for strong candle patterns
Indicatore Pine Script®
di prashanth-chinala
OTE+STDV MultiTF IndicatorVERY ROUGH DRAFT OF INDICATOR EXPECTS BUGS. I AM NOT A CODER SO THIS SHOULD NOT BE PERFECT. Place limit orders on yellow lines. You will get a buy signal only during perfect A+ setups. PLEASE MESSAGE ME IF YOU ARE A CODER AND CAN FIX THIS OR MAKE IT BETTER Discord: itscwiby Orange Lines are Rejection Zones Yellow Lines are Limit order spots. Usually you want to take this with a 40 tick SL. You can also use a Fib tool on the green box to get a better entry. Generally you want to look at the 30m chart or higher for these zones and find a optimal entry on a smaller timeframe.
Indicatore Pine Script®
di goolebro123
EMA Trend Dashboard Trend Indicator using 3 custom EMA lines. Displays a table with 5 rows(position configurable) -First line shows relative position of EMA lines to each other and outputs Bull, Weak Bull, Flat, Weak Bear, or Bear. EMA line1 should be less than EMA line2 and EMA line 2 should be less than EMA line3. Default is 9,21,50. -Second through fourth line shows the slant of each EMA line. Up, Down, or Flat. Threshold for what is considered a slant is configurable. Also added a "steep" threshold configuration for steep slants. -Fifth line shows exhaustion and is a simple, configurable calculation of the distance between EMA line1 and EMA line2. --Lines one and five change depending on its value but ALL other colors are able to be changed. --Default is somewhat set to work well with Micro E-mini Futures but this indicator can be changed to work on anything. I created it to help get a quick overview of short-term trend on futures. I used ChatGPT to help but I am still not sure if it actually took longer because of it.
Indicatore Pine Script®
di NoMorePaperTrading
MTF Order Flow DashboardThe MTF Order Flow Dashboard is a compact, real-time table overlay that provides an at-a-glance view of market structure across three key timeframes: ✅ 1-Minute ✅ 5-Minute ✅ 1-Hour //If extra 1 min is added to candle closure countdown wait till next tick for correction// This tool is designed to help traders quickly assess directional bias, detect structure shifts, and stay aware of upcoming candle closes — a powerful aid for scalping, day trading, or momentum-based strategies. Pivot-Based Market Structure Detection Uses user-defined pivot length to determine if the market is showing a Bullish, Bearish, or Neutral structure on each timeframe. Color-Coded Structure Easily visualize the current trend per timeframe: 🟢 Bullish | 🔴 Bearish | ⚪ Neutral Live Candle Countdown Timers Displays time remaining until the next candle close for each timeframe, using timenow for near real-time updates (as fast as ticks arrive). Compact Table Display Non-intrusive table displayed in the top-right of your chart with clean formatting for fast decision-making. Built-in Alerts Optional alerts when all timeframes align bullish or bearish, giving potential trade setup signals. Inputs: Select timeframes for structure analysis (1m, 5m, 1h) Adjust pivot sensitivity with the Pivot Length input
Indicatore Pine Script®
di Anthony_M_
Order + Breaker Blocks MTF - Vees Hidden LiquidityThis indicator is a Hidden Liquidity Script, being a much more refined and precise version of "Order Blocks" also known as "Supply and Demand" zones. This script is more refined and precise as this script is the only script that displays the exact body part of blocks on multiple timeframes, showing potentially powerful price reversal zones for taking a long or short. This is a PRICE ACTION indicator, demonstrating price action that can result in potential good support/resistance levels for taking a long or short trade. This indicator only displays the body part of order blocks, instead of including wicks that all other indicators do. That makes this script a much more refined version of all other scripts out there. Not only that, this script can collate multiple timeframes into one indicator, again something other scripts cannot do. This script is also unique compared to other Hidden Liquidity style scripts in that you have full control over each Order Block so you can see each individual block on a chart, whilst other charts combine them into a zone instead. This refined version gives you precise potential entries and much further refinement as well as more thorough backtesting capabilities. This script also can highlight order blocks that pass THROUGH a Fair Value Gap. These are known as 'Breaker Blocks'. These powerful blocks can be places of interest as support or resistance for a long or short trade. Note: This script shows the body part of a block only and not the wick. Breaker Blocks, where significant displacement has occurred in price past a block can be more powerful. This script does not highlight Fair Value Gaps themselves, only order blocks (supply and demand) and breaker blocks through displacement in price (through an FVG). FVGs on their own can be weaker without order blocks behind them hence they are not highlighted. The BODY of the order block, and the 0.5 of the order block are key regions for considering a trade, treating that level as either resistance or support. Important: PLEASE NOTE: This indicator will only show timeframes that are higher than or the same as the current chart timeframe. For Example, only blocks 3 Days or higher will show on a 3D chart. It will not show 12h blocks on a 3D chart. You would need to go to a 12 hour chart with the 12h blocks showing to see all Blocks that are 12h or higher drawn. SETTINGS: There is options to change the colours of the boxes and to differentiate between Order Blocks and stronger Breaker Blocks if desired. If this is NOT desired, make all color options the same color,. Shown below is blue Order Blocks (Supply and Demand Shown below there is Pink Breaker Blocks. There is options to weaken the colour of blocks that have been tapped by a wick and thus partially used up, also called partially "mitigated".These blocks can be considered weaker support/resistance. Once a block has had a wick or body close over it entirely, the block can be considered fully "mitigated" and will disappear from the indicator once that candle has closed. This block level can now be considered too weak. You can also choose to not show these partially mitigated blocks at all. The charts above shows pale Violet blocks as partially mitigated or "tapped" blocks. The blocks in HOT BRIGHT Violet are untapped and potentially stronger levels for a Long or Short trade. See below the 7h. Additional SETTINGS: Further options include, if selected: Counting the number of fair value gaps an order block may pass through. More FVGs an order block (now a breaker block) passes through can strengthen the support of that block level, making a reversal more likely. There is an option of showing old mitigated order blocks and changing the color of these on the chart. This can aid in backtesting of levels. Further Settings include: - an option to remove very thin blocks that may not be strong points. - an option to denote with a character such as a * blocks that have their EQ 0.5 region wicked - these can be considered weaker. - an option to denote with an additional * or another character blocks that are barely tapped by a small percent so you know they are still considered quite strong. - an option to show how many candles form the order block. Additional Options include: - an option to show blocks only within a specific price range or percent range of the current price. - an option to only look X number of bars back. There is Options regarding labelling, and Border widths on boxes. It is ESSENTIAL to do your own research and backtesting! It is recommended to combine these levels with other concepts for added confluence. Other indicators are NOT included in this script. This is purely a refined order block script for the BODY of a block only. You can combine Order Blocks and stronger versions known as Breaker Blocks in this script with other indicators or concepts to form a Full Trading Strategy. Other potential concepts to combine, not shown in this script can include Smart Money Concepts, Market Structure, Fibonnaccis, SMAs, EMAs or any other concept to give added confluence to the support / resistance levels identified in this script that may indicate that the level is stronger. This indicator is not a trading strategy on its own. It is best used in combination with other concepts to improve the success. Backtesting this indicator is highly recommended and incorporated into a full trading system of your own design. This only identifies possible key regions based on Price Action Strategies. This indicator simply makes the identification of these hot levels easier and simpler to find, especially across multiple timeframes. A strong bright zone on the indicator can be a stronger level than a weak partial block that is in light colours. Again -Please do your own research and backtesting. These indicators make finding these levels much much simpler and easier when combined with a full trading strategy. 

Any feedback is welcome.
Indicatore Pine Script®
di Sugarglider55
Multi-Timeframe OHLC Levels█ OVERVIEW A fully customizable multi-timeframe indicator that independently plots levels based on the open, previous close, previous high, previous low, and previous mid-price. This tool is ideal for traders who require a high level of tailoring and usability. █ FEATURES Multi-timeframe Select the timeframe for each level separately. The indicator shows higher timeframe levels down to the 1-second chart. Multi-source Choose the source for each level individually from the current open, previous close, previous high, previous low, and previous mid-price. Past levels Manage the number of relevant levels displayed on historical bars for trading or backtesting. Projections Extend the levels to the current price action with clear and clean options. Styling Adjust the appearance according to your preferences and screen size using options for color, line style, line thickness, custom name, and text size. █ NOTES This is a PREMIUM indicator. You may also find my free Daily Weekly Monthly Yearly Opens and Previous Day Week Highs & Lows indicators helpful.
Indicatore Pine Script®
di sbtnc
Normalized Volume IndexIn the realm of technical analysis, volume is more than just a measure of market activity—it’s a window into trader psychology. Two classic indicators that harness this insight are the Positive Volume Index (PVI) and Negative Volume Index (NVI). Developed in the early 20th century by Paul L. Dysart and later refined by Norman G. Fosback in 1976, these tools aim to distinguish between the behavior of the so-called “smart money” and the broader market crowd. - Positive Volume Index (PVI) tracks price changes only on days when trading volume increases. It assumes that rising volume reflects the actions of less-informed retail traders—those who follow the herd. - Negative Volume Index (NVI), on the other hand, focuses on days when volume decreases, under the premise that institutional investors (the “smart money”) are more active when the market is quiet. This dichotomy allows traders to interpret market sentiment through the lens of volume behavior. For example, a rising NVI during a price uptrend may suggest that institutional investors are quietly accumulating positions—often a bullish signal. Traders use PVI and NVI to: - Confirm trends: If NVI is above its moving average, it often signals a strong underlying trend supported by smart money. - Spot reversals: Divergences between price and either index can hint at weakening momentum or upcoming reversals. - Gauge participation: PVI rising faster than price may indicate overenthusiastic retail buying—potentially a contrarian signal. These indicators are often paired with moving averages (e.g., 255-day EMA) to generate actionable signals. Fosback’s research suggested that when NVI is above its one-year EMA, there’s a high probability of a bull market. While PVI and NVI are cumulative indices, normalizing them—for example, by rebasing to 100 or converting to percentage changes—offers several benefits: - Comparability: Normalized indices can be compared across different assets or timeframes. - Clarity: It becomes easier to visualize relative strength or weakness. - Backtesting: Normalized values are more suitable for algorithmic strategies and statistical analysis. Normalization also helps when combining PVI/NVI with other indicators in multi-factor models, ensuring no single metric dominates due to scale differences In essence, PVI and NVI offer a nuanced view of market dynamics by separating the noise of volume surges from the quiet confidence of institutional moves. When normalized and interpreted correctly, they become powerful allies in a trader’s decision-making toolkit. How to use this (Educational material): For instance, on average, when the Negative Volume Index (NVI) remains above its midline, the market tends to trend positively, reflecting consistent institutional participation. However, when the NVI dips and stays below the midline, it often signals a negative trend, indicating that smart money is stepping away or reducing exposure. Another telling scenario occurs when the Positive Volume Index (PVI) drops below the NVI. While this might coincide with a brief price dip, institutions often interpret this as an opportunity to buy the dip, quietly accumulating positions while retail participants exit in panic. The result? A market recovery driven by smart money. Conversely, when the PVI consistently remains above the NVI, it may point to retail enthusiasm outpacing institutional support. This imbalance can flag a tired or overextended trend, where the smart money has already positioned itself defensively. When this pattern persists, there's a high likelihood that institutions will pull the plug, leading to a pronounced trend reversal.
Indicatore Pine Script®
di chriskokal1
1
Simple Market Kill-Zones + Open (UTC)What it does This Pine v6 indicator highlights the “kill-zones” around the big session opens—Asian (23:00–03:00 UTC), London (07:00–09:00 UTC) and New York (13:30–15:30 UTC)—by reading each bar’s actual UTC timestamp. It also draws dashed vertical lines at exactly 23:00, 07:00 and 13:30 UTC, so you never miss the liquidity ramps. Because it uses raw UTC hours/minutes, it stays accurate even when exchanges pause (e.g. Nano-BTC’s daily halt) or your chart’s display timezone changes. Key Inputs Show Asia/London/NY Kill Zone – toggle each shaded band on/off Zone Colors – pick your own semi-transparent hues Show Session-Open Lines – enable dashed verticals at the exact open times Line Colors – customize the line opacity and style How to use Apply on your favorite timeframe (15 min–1 h is a sweet spot). Toggle the zones you care about and pick readable colors. Use the dashed lines as entry triggers or as visual bookmarks. In your own Pine strategies, wrap order logic with the zone booleans to only trade when liquidity’s alive.
Indicatore Pine Script®
di GustoChan
Cruce de 3EMAs CHL - Multi Temporalidad📈 3EMAs Crossover CHL – Multi-Timeframe 📊 Overview An advanced technical analysis indicator that combines the classic 3 EMA system (10, 50, 200) with an innovative multi-timeframe panel. Designed for traders seeking confluences across different timeframes to make more informed decisions. 🎯 Key Features ✅ 3 EMA System EMA 10 (Blue): Fast signal for short-term movements EMA 50 (Orange): Intermediate trend filter EMA 200 (Purple): Main trend and key support/resistance level ✅ Automatic Visual Signals Green Triangle (↑): Bullish crossover – EMA 10 crosses above EMA 50 Red Triangle (↓): Bearish crossover – EMA 10 crosses below EMA 50 Colored Background: Green for bullish trend, red for bearish ✅ Multi-Timeframe Panel (Bottom Right Corner) Analyzes 5 timeframes simultaneously: 5M: Ideal for scalping and precise entries 15M: Short-term swing trading 1H: Intraday analysis 4H: Mid-term swing trading 1D: Primary trend ✅ Panel Information 4 Informative Columns: Time: Analyzed timeframe EMA: ↑ (Bullish) / ↓ (Bearish) based on EMA 10 vs EMA 50 Trend: Clearly defined Bullish/Bearish EMA200: Relative position (Above / Below / In-between) 🚀 Unique Advantages 📋 Confluence Analysis Detects when multiple timeframes are aligned Stronger signals when timeframes show confluence Avoids false signals using higher-timeframe filters 📋 Improved Risk Management EMA 200 Below: Strong support – favorable for longs EMA 200 Above: Strong resistance – favorable for shorts EMA 200 In-between: Indecision zone – caution advised 📋 Trading Versatility Scalping: Use 5M and 15M for quick entries Day Trading: Combine 15M, 1H, and 4H Swing Trading: Focus on 4H and 1D Position Trading: Use 1D as main filter 🎨 Color Coding 🟢 Green (Bullish) ↑ Arrows in the panel EMA 10 > EMA 50 EMA 200 below both EMAs (support) 🔴 Red (Bearish) ↓ Arrows in the panel EMA 50 > EMA 10 EMA 200 above both EMAs (resistance) 🟡 Yellow (Caution) EMA 200 in intermediate position Market in transition or consolidation 📊 How to Use It 🎯 For Long Entries Look for bullish confluence across multiple timeframes Ensure EMA 200 is “Below” (acting as support) Wait for a bullish crossover on the entry timeframe Confirm with higher timeframes 🎯 For Short Entries Look for bearish confluence across multiple timeframes Ensure EMA 200 is “Above” (acting as resistance) Wait for a bearish crossover on the entry timeframe Confirm with higher timeframes 🎯 Position Management Partial Close: When lower timeframes shift Full Close: When higher timeframes reverse Stop Loss: Based on EMA 200 as support/resistance ⚙️ Customizable Settings EMA Periods: Adjustable (default: 10, 50, 200) Automatic Alerts: For bullish and bearish crossovers Colors: Fully customizable 📈 Recommended Markets Forex: All major and minor pairs Cryptocurrencies: Bitcoin, Ethereum, Altcoins Indices: S&P 500, NASDAQ, DAX, etc. Commodities: Gold, Oil, Silver Stocks: Any stock with sufficient liquidity ⚠️ Important Considerations Works best in trending markets Use with caution in sideways markets Combine with other indicators for confirmation Always apply proper risk management 💬 Support Indicator developed by CHL Trading. For inquiries, suggestions, or bug reports, contact via comments or cristma95@gmail.com.
Indicatore Pine Script®
di cristma95
RTH Candles Overlay--Overview Unlock a new way to analyze Regular Trading Hours (RTH) with this powerful indicator! Designed for traders who focus on the 09:30–16:00 market session (default EST), it redefines hourly price action by aligning candlesticks with the RTH start at 09:30, rather than the standard XX:00. It also plots hourly high/low lines and projection zones to pinpoint potential support, resistance, and price targets. Plus, it displays compact hourly candlesticks on the right side of your chart for quick, at-a-glance analysis. --Key Features Shifted RTH Candles: Unlike standard hourly candles starting at XX:00, this indicator aligns candles with the RTH open at 09:30 (e.g., 09:30–10:30, 10:30–11:30). This captures true market momentum from the opening bell, offering a more accurate view of price action. Session High/Low Lines: Marks the high and low prices for each session with clear, labeled lines (e.g., “0930-1030 High”) to highlight key levels. Projection Zones: Draws shaded boxes above and below each session’s range (default: 0.25 and 0.5 Projection levels) to show potential price targets or reversal zones. Shifted Candlesticks: Displays each shifted Hour as a candlestick (open, high, low, close) on the right side of the chart, with bullish candles in green and bearish in gray for easy comparison. Vertical Markers: Dotted vertical lines mark the start of each period (e.g., 09:30) for clear time segmentation. Historical Analysis: View up to 5 days of past sessions to spot trends and recurring levels. Fully Customizable: Adjust session times, timezone, colors, and projection levels to fit your trading style. --How It Works RTH-Aligned Candles: The indicator divides the trading day into up to seven sessions (default: hourly from 09:30 to 16:00 EST). Each session starts at times like 09:30, 10:30, etc., aligning with the RTH open instead of standard hourly intervals. This shift ensures you see price action as it unfolds during key market hours. High/Low Lines: Horizontal lines mark the highest and lowest prices for each session, with customizable labels for easy reference. Fibonacci Zones: Shaded boxes extend above (0.25 to 0.5 times the session’s range) and below (–0.25 to –0.5) each session’s high/low, highlighting potential price targets or areas where price may reverse. Candles: Each shifted hour is summarized as a candlestick on the right side of the chart, showing open, high, low, and close prices. Bullish candles are green, bearish are gray, and you can adjust their size and spacing. Vertical Lines: Dotted lines at the start of each session (e.g., 09:30) help you visualize session boundaries. Historical Data: Analyze up to 5 days of past sessions to identify patterns or key levels. --Settings Timezone: Set your market’s timezone (default: EST, -4 hours). Session Times: Customize up to seven sessions (default: hourly from 09:30 to 16:00). Max Days to Plot: Show up to 5 days of historical sessions (default: 1 day). Candle Styles: Toggle session candles, adjust width, spacing, and offset. Customize bullish (green) and bearish (gray) colors. High/Low Lines: Enable/disable high/low lines, set color (default: gray), style (solid, dotted, dashed), and label size. Optionally show session open lines and labels. Fibonacci Zones: Turn projection zones on/off, adjust levels (default: 0.25 and 0.5), and choose fill color (default: translucent gray). Vertical Lines: Toggle session start lines and customize their color and style. --Best Used For Day Trading: Spot key levels and price targets during RTH sessions, aligned with the 09:30 market open. RTH Analysis: Get a clearer picture of price action with candles that match the market’s true rhythm, starting at 09:30 instead of XX:00. Fibonacci Trading: Use projection zones to identify potential support, resistance, or breakout levels. Session Comparison: Compare price action across sessions using compact candlesticks and historical data. --How to Use 1. Add the indicator to your TradingView chart (works best on 1-hour or lower timeframes). 2. Set the timezone and session times to match your market (default: 09:30–16:00 EST). 3. Enable/disable features like Fibonacci zones, high/low lines, or session candles in the settings. 4. Use the shaded zones to anticipate price targets or reversals based on Fibonacci levels. 5. Analyze session candles and historical data to spot trends or recurring levels. --Why This Indicator? The RTH Session Candles with projection Zones indicator is a game-changer for traders who want to focus on the market’s true rhythm. By aligning candles with the 09:30 RTH open, it captures price action as it happens, unlike standard hourly charts. Paired with projection zones and clear session markings, it’s a simple yet powerful tool to identify key levels and potential price moves. Perfect for day traders, swing traders, or anyone who wants a cleaner, more precise view of the market.
Indicatore Pine Script®
di PlusUltraTrading
2