2022 Model ICT Entry Strategy [TradingFinder] One Setup For Life🔵 Introduction
The ICT 2022 model, introduced by Michael Huddleston, is an advanced trading strategy rooted in liquidity and price imbalance, where time and price serve as the core elements. This ICT 2022 trading strategy is an algorithmic approach designed to analyze liquidity and imbalances in the market. It incorporates concepts such as Fair Value Gap (FVG), Liquidity Sweep, and Market Structure Shift (MSS) to help traders identify liquidity movements and structural changes in the market, enabling them to determine optimal entry and exit points for their trades.
This Full ICT Day Trading Model empowers traders to pinpoint the Previous Day High/Low as well as the highs and lows of critical sessions like the London and New York sessions. These levels act as Liquidity Zones, which are frequently swept prior to a market structure shift (MSS) or a retracement to areas such as Optimal Trade Entry (OTE).
Bullish :
Bearish :
🔵 How to Use
The ICT 2022 model is a sophisticated trading strategy that focuses on identifying key liquidity levels and price movements. It operates based on two main principles. In the first phase, the price approaches liquidity zones and sweeps critical levels such as the previous day’s high or low and key session levels.
This movement is known as a Liquidity Sweep. In the second phase, following the sweep, the price retraces to areas like the FVG (Fair Value Gap), creating ideal entry points for trades. Below is a detailed explanation of how to apply this strategy in bullish and bearish setups.
🟣 Bullish ICT 2022 Model Setup
To use the ICT 2022 model in a bullish setup, start by identifying the Previous Day High/Low or key session levels, such as those of the London or New York sessions. In a bullish setup, the price usually moves downward first, sweeping the Liquidity Low. This move, known as a Liquidity Sweep, reflects the collection of buy orders by major market participants.
After the liquidity sweep, the price should shift market structure and start moving upward; this shift, referred to as Market Structure Shift (MSS), signals the beginning of an upward trend. Following MSS, areas like FVG, located within the Discount Zone, are identified. At this stage, the trader waits for the price to retrace to these zones. Once the price returns, a long trade is executed.
Finally, the stop-loss should be set below the liquidity low to manage risk, while the take-profit target is usually placed above the previous day’s high or other identified liquidity levels. This structure enables traders to take advantage of the upward price movement after the liquidity sweep.
🟣 Bearish ICT 2022 Model Setup
To identify a bearish setup in the ICT 2022 model, begin by marking the Previous Day High/Low or key session levels, such as the London or New York sessions. In this scenario, the price typically moves upward first, sweeping the Liquidity High. This move, known as a Liquidity Sweep, signifies the collection of sell orders by key market players.
After the liquidity sweep, the price should shift market structure downward. This movement, called the Market Structure Shift (MSS), indicates the start of a downtrend. Following MSS, areas such as FVG, found within the Premium Zone, are identified. At this stage, the trader waits for the price to retrace to these areas. Once the price revisits these zones, a short trade is executed.
In this setup, the stop-loss should be placed above the liquidity high to control risk, while the take-profit target is typically set below the previous day’s low or another defined liquidity level. This approach allows traders to capitalize on the downward price movement following the liquidity sweep.
🔵 Settings
Swing period : You can set the swing detection period.
Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine.
Max Swing Back : You can set the number of swings that will go back for checking.
FVG Length : Default is 120 Bar.
MSS Length : Default is 80 Bar.
FVG Filter : This refines the number of identified FVG areas based on a specified algorithm to focus on higher quality signals and reduce noise.
Types of FVG filters :
Very Aggressive Filter: Adds a condition where, for an upward FVG, the last candle's highest price must exceed the middle candle's highest price, and for a downward FVG, the last candle's lowest price must be lower than the middle candle's lowest price. This minimally filters out FVGs.
Aggressive Filter: Builds on the Very Aggressive mode by ensuring the middle candle is not too small, filtering out more FVGs.
Defensive Filter: Adds criteria regarding the size and structure of the middle candle, requiring it to have a substantial body and specific polarity conditions, filtering out a significant number of FVGs.
Very Defensive Filter: Further refines filtering by ensuring the first and third candles are not small-bodied doji candles, retaining only the highest quality signals.
🔵 Conclusion
The ICT 2022 model is a comprehensive and advanced trading strategy designed around key concepts such as liquidity, price imbalance, and market structure shifts (MSS). By focusing on the sweep of critical levels such as the previous day’s high/low and important trading sessions like London and New York, this strategy enables traders to predict market movements with greater precision.
The use of tools like FVG in this model helps traders fine-tune their entry and exit points and take advantage of bullish and bearish trends after liquidity sweeps. Moreover, combining this strategy with precise timing during key trading sessions allows traders to minimize risk and maximize returns.
In conclusion, the ICT 2022 model emphasizes the importance of time and liquidity, making it a powerful tool for both professional and novice traders. By applying the principles of this model, you can make more informed trading decisions and seize opportunities in financial markets more effectively.
Cerca negli script per "session"
Trademania - PVSRA IndicatorTrademania - PVSRA Indicator
The Trademania - PVSRA Indicator is based on a proven MT4 indicator suite that has been in use since 2013. Over time, it has been expanded with additional features and tools. Originally developed for the Forex market, it also works well for cryptocurrencies, stocks, and other assets. The goal of this indicator is to combine classic chart analysis with PVSRA analysis, allowing for a clean mixed chart analysis. Traders gain access to a wide range of important information and can use it to form their trading assumptions. The indicator is designed to make it as simple as possible: identifying price levels at the breakout of key support/resistance, for confirmations above/below an imbalance, or recognizing and validating standard structures.
Important: This indicator is designed to be used across all timeframes. It works equally well for scalping on lower timeframes and for larger timeframes, such as spot trading on the 4H or daily chart.
The following core features are available:
- PVSRA Candles
- Dynamic Zones for PVSRA Candles (Imbalance)
- Market sessions with high/low points
- Integrated EMAs (daily, weekly, higher time frames)
- Fully customizable EMAs
- Pivot points with mid/50% level
- Price ranges from yesterday and last week
- Average daily range (also available for weekly and monthly)
- Psychological levels (for Forex)
- Daily open
- High/Low Point of Control (POC) indicators for wicks and candle bodies
- WIL (Weekly Interest Level) - High/Low of the Asian session
- On-chart labels for nearly all elements
Key Features:
- PVSRA, integrated POC levels, and WIL levels distinguish this indicator.
- Integrated EMAs and the daily, weekly, high time frame EMAs can be supplemented or replaced by custom EMAs for maximum flexibility.
Special Feature:
- Lite Mode for better visibility and simplified chart analysis.
Instructions and Notes
PVSRA Candles
Display volume or tick volume on the chart.
- Candles with more than 200% average volume of the last 10 candles, where the product of candle spread and volume is greater than the last 10 candles/timeframes, are shown in green (bullish) and red (bearish).
- Blue and purple candles show the same with 150% average volume of the last 10 candles.
**Note:** To obtain valid information, the trading volume should be as large as possible. If you're viewing the chart of an exchange with low trading volume, you can use the PVSRA override to display the volume from another exchange. For example, you can view the Phemex chart but display the tick/volume of the Binance chart as PVSRA/Vector candles.
Dynamic Zones for PVSRA Candles (Imbalance)
Zones that match the color of the respective vector candle display imbalance on the chart.
- In PVSRA analysis, it is assumed that such imbalances will be revisited and corrected. It can be customized whether this should happen with candle wicks or just the candle bodies.
Market Sessions with High/Low Points (DST)
Relevant market sessions: Sydney/NZX, Tokyo, Hong Kong, EU, New York, as well as the Brinks sessions pre EU/NY, are marked with high/low points and labeled on the chart.
- In PVSRA/Mixed analysis, these represent important liquidity zones of the individual trading sessions, often serving as key support/resistance levels.
WIL (Weekly Interest Level) - High/Low of the Asian Session
The new WIL levels represent the market open/Asian session of the new trading week: Sydney open to Hong Kong close.
- This forms an important price range for the trading week and is always a key breakout zone or rejection area in mixed analysis. Additional liquidity is needed to break through these levels.
- Higher effort against the start of the week – an imbalance (above/below).
High/Low Point of Control (POC) Indicators for Wicks and Candle Bodies
Additionally, the indicator includes pivot-based POC markers at key highs/lows on the chart.
- A POC is generated from the candle footprint (1000 resolution) and displayed on the chart.
- **Note:** If the POC is in a wick, it is shown as a line; if the POC is only in the candle body, it is displayed in small text.
- In mixed analysis, POCs in volume-heavy wicks are always a key indication of price levels that will be revisited and a potential enhancer for a wick-fill upwards or downwards.
EMA/Pivot Points/Psychological Levels Classic/Average Ranges:
Daily/ADR - Weekly/AWR / High/Low values for day/week, as well as the daily open of the current trading day, form the foundation of the indicator.
- Base structures that account for imbalance must break certain price levels to confirm or invalidate a previous movement (bullish or bearish).
- 13/50/200/800 EMA retrace: Breaking these in either direction without addressing an imbalance on the opposite side requires confirmation after the break.
- Pivot-level trading operates on the same principle.
- **Note:** Pivot levels in this indicator have additional M-levels, which represent 50% markers to provide better insights into potential retraces or upward moves.
- For example: Breaking M1, retracing, and confirming at M1 with a target at M2.
To recognize a standard 3-level rise or retrace scenario in mixed analysis, as well as a potential extended chart progression, these levels are essential.
**Note:** Average ranges such as High/Low ADR are particularly important levels where interruptions are expected. Profit-taking, long/short, is common at these points, independent of standard structures. This also applies to the high/low levels of the last trading day and the weekly versions of these levels.
The daily open helps identify possible SPOT/Futures gaps (depending on the asset, such as a missing futures market over the weekend: NAS/DAX).
Important:
The Lite Mode is designed to help traders reduce the chart to essential core functions (PVSRA/EMA/WIL/Psy/Daily Open/Hi-Lo) to apply classic TA effectively and strengthen a mixed analysis or challenge certain assumptions regarding confirmation and imbalance.
**Note:** It is recommended to additionally use a MACD indicator to identify potential trends and momentum.
- For example, a positive MACD trend supporting a 50 EMA breakout with a target of the 200 EMA under positive imbalance (standard mixed pattern).
To cater to personal preferences or trading strategies, it is possible to add custom EMA values to the indicator without the need for a second or third separate indicator.
All functions are fully customizable within the indicator settings.
Extended Hours Volume FlagOverview: The Extended Hours Volume Flag Indicator is a powerful tool designed for traders who are interested in monitoring and analyzing the volume activity during the extended trading hours—specifically the premarket (4:00 AM to 9:30 AM) and afterhours (4:00 PM to 8:00 PM) sessions. This indicator identifies and flags stocks where the trading volume during these extended hours exceeds 20% of the Average Volume (AVOL) during regular trading hours. Such occurrences often signal unusual activity or potential market-moving events, which can be crucial for informed trading decisions.
Concept: Volume is a critical factor in trading, often providing insights into market sentiment and potential price movements. However, volume during extended hours can be particularly revealing as it may indicate heightened interest or activity outside of the regular trading session. The Extended Hours Volume Flag Indicator is built on the concept that significant volume during premarket or afterhours trading sessions, relative to the average regular session volume, could be an early indicator of upcoming volatility or trends.
How It Works:
Session Segmentation: The indicator distinguishes between regular trading hours (9:30 AM to 4:00 PM) and extended hours (premarket and afterhours). It accumulates the trading volume separately for these sessions.
Volume Comparison: It calculates the Average Volume (AVOL) over a user-defined period (default is 14 days) during regular trading hours. It then compares the extended hours volume to this AVOL.
Flagging Condition: If the volume during the extended hours exceeds 20% of the AVOL, the indicator flags the stock with a warning symbol on the chart. This visual cue helps traders quickly identify stocks with potentially significant afterhours or premarket activity.
Reset Mechanism: The accumulated volumes reset at the start of the new trading day, ensuring accurate calculations for each day.
Usage: This indicator is ideal for traders who are looking for early signals of market activity outside regular hours, which might not be immediately visible when looking solely at price action. It is particularly useful for day traders and swing traders who want to keep an eye on potential premarket or afterhours catalysts.
FIRST-HOUR TOOL V.1.8.08.23Three horizontal lines are drawn on the chart to represent session prices. These prices are calculated based on the user-specified session:
"FirstHour Session High" represents the highest price reached during the firsthour session.
"FirstHour Session Open" represents the opening price of the firsthour session
"FirstHour Session Low" represents the lowest price reached during the firsthour session.
These prices are respectively colored with light blue, light yellow, and light pink.
The chart background can change color based on whether the current time is within the specified session. If the current time is within the session, the background will be colored in semi-transparent aqua green. Otherwise, it will remain transparent.
Upward-pointing triangle markers are used to highlight points where the closing price crosses above (crossover) or below (crossunder) the session levels.
These markers appear below the corresponding bar.
They are colored based on the type of crossover:
Yellow for crossover above the "FirstHour High"
Red for crossover above the "FirstHour Open"
Green for crossover above the "FirstHour Low"
Alerts:
Alert messages are generated when crossovers or crossunders of the closing price relative to the session levels occur.
The alerts appear once per bar. Alerts are generated for the following events:
Crossover of the price above the "Session High" with the message "High First Hour Crossover."
Crossunder of the price below the "Session Open" with the message "Open First Hour Crossunder."
Crossunder of the price below the "Session Low" with the message "Low First Hour Crossunder."
Crossover of the price above the "Session Low" with the message "Low First Hour Crossover."
In summary, this indicator provides a visual representation of session prices and events, helping traders spot significant crossovers and crossunders relative to key price levels.
Author @tumiza999
Binary Option Ultimate Backtester-V.1[tanayroy]The Binary Option strategy backtester gives the user extensive power to test any kind of strategy with advance trade management rules.
The strategy tester accepts external scripts as strategy sources. You can add your strategy and test it for historical stats.
Few assumption regarding strategy tester:
We are opening position at next candle after signal come
We are taking the position at opening price
Our call will be profitable if we get a green candle and put will be profitable if we get a red candle
We can open only one trade at a time. So if we are in trade, subsequent signals will be ignored.
How to make your strategy code compatible for strategy backtesting?
In your strategy code file add following lines:
Signal = is_call ? 1 : is_put ? -1 : 0
plot(Signal, title="🔌Connector🔌", display = display.none)
Is_call and is_put is your buy and sell signal. Plot the signal without displaying it in the chart. The new TradingView feature display = display.none, will not display the plot.
All Input options
Group: STRATEGY
Add Your Binary Strategy: External strategy to back test.
Trade Call/Put: Select CALL, to trade Call, PUT, to trade Put. Default is BOTH, Trading Call and Put both.
Number of Candles to Hold: How many candles to hold per trade. Default 1. If you want to hold the option for 30 minutes and you are testing your strategy in 15m intervals, use 2 candle holding periods.
GROUP: MARTINGALE
Martingale Level: Select up to 15 Martingale. Select 1 for no Martingale.
Use Martingale At Strategy Level: Instead of using Martingale per trade basis, using Martingale per signal basis. Like if we make a loss in the first signal, instead of starting martingale immediately we’ll wait for the next signal to put the martingale amount. For example if you start with $1 and you lose, at the next signal you will invest $2 to recover your losses.
Strategy Martingale Level: Select up to 15 Martingale at strategy signal level. Only workable if Use Martingale At Strategy Level is selected.
Type of Trade: Martingale trade type. Only workable if we are using Martingale Level more than 1.
It can be:
“SAME”: If you are trading CALL and incur a loss, you are taking CALL in subsequent Martingale levels.
“OPSITE”: if you are trading CALL and incur a loss, you are taking PUT in subsequent Martingale levels.
“FOLLOW CANDLE COLOR”: You are following candle color in Martingale levels, i.e if the loss candle is RED, you are taking PUT in subsequent candles.
“OPPOSITE CANDLE COLOR”: You are taking opposite candle color trade, i.e if the loss candle is RED, you are taking CALL in subsequent candle.
GROUP: TRADE MANAGEMENT
Initial Investment Per Option: Initial investment amount per trade
Payout: Per trade payout in percentage
Use Specific Session: Select to test trade on specific session.
Trading Session: Select trading session. Only workable if Use Specific Session is selected.
Use Date Range: Select to use test trades between dates.
Start Time: Select Start Time. Only workable if Use Date Range is selected.
End Time: Select end Time. Only workable if Use Date Range is selected.
Early Quit: Select to quit trade for the day after consecutive win or loss
Quit Trading after Consecutive Win: Number of consecutive wins. Only workable if early Early Quit is selected.
Quit Trading after Consecutive Loss: Number of consecutive losses. Only workable if early Early Quit is selected.
Buy/Sell Flip: Use buy signal for sell and sell signal for buy.
GROUP:STATS
Show Recent Stats: Show win trades in last 3,5,10,15,25 and 30 trades.
Show Daily Stats: Day wise win trades and total trades.
Show Monthly Stats: Month wise win trades and total trades.
Result and stat output:
Back tester without any strategy.
Strategy added with default option.
Stats with 7 Martingales. You can test up to 15.
Optional Stats:
Example Strategy code used :
//@version=5
indicator("Binary Option Strategy",overlay = true)
length = input.int(7, minval=1)
src = input(close, title="Source")
mult = input.float(3.0, minval=0.001, maxval=50, title="StdDev")
basis = ta.sma(src, length)
dev = mult * ta.stdev(src, length)
upper = basis + dev
lower = basis - dev
fab_candle_upcross=(high< upper and low>basis)
fab_candle_downcross= (high< basis and low>lower)
up_cross=ta.barssince(ta.crossover(close,basis))
down_cross=ta.barssince(ta.crossunder(close,basis))
is_first_up=false
is_first_down=false
if fab_candle_upcross
for a=1 to up_cross
if fab_candle_upcross
is_first_up:=false
break
else
is_first_up:=true
if fab_candle_downcross
for a=1 to down_cross
if fab_candle_downcross
is_first_down:=false
break
else
is_first_down:=true
//strategy for buying call
is_call=(is_first_up or is_first_down ) and close>open
//strategy for selling call
is_put=(is_first_up or is_first_down ) and close<open
Signal = is_call ? 1 : is_put ? -1 : 0
plot(Signal, title="🔌Connector🔌", display = display.none)
The Daily Profiler v2.0This indicator serves as a multi-faceted analysis tool for TradingView, geared towards day traders who need context based on daily cycles and key price levels, especially in markets like futures that follow the NY trading schedule (18:00 ET daily reset).
Core Functionality Breakdown:
Session & Opening Range Analysis:
It defines and visually demarcates four key trading sessions: Asia (ASN: 1800-0230), London (LDN: 0230-0730), NY1 (0730-1130), and NY2 (1130-1615), using the "America/New_York" timezone.
For each session, it identifies an "Opening Range" (OR) period (e.g., 1800-1930 for ASN).
Users can opt to display background boxes for the full sessions and/or the OR periods.
It plots horizontal lines marking the High and Low reached during each session and OR period.
Crucially, it calculates the midpoint of each Opening Range (the "O/U" or Over/Under line) and tracks whether subsequent price action "breaks" this level, updating line styles and status information accordingly.
Key Price Level Plotting:
Previous Day Context: Plots the High (PDH), Low (PDL), and Midpoint (PDM) of the previous trading day, providing immediate reference points.
Daily Anchor Points: Draws lines for the Globex Open (18:00 ET start), the previous day's Settlement price, and the Midnight Open (00:00 ET), offering insight into key daily cycle starting points.
P12 Session (18:00-06:00): Tracks this overnight period and, after 06:00 ET, projects extended lines for its High, Low, and Midpoint.
High/Low of Day (HOD/LOD) Features:
Actual Tracking: Identifies and marks the actual HOD and LOD achieved during the main trading day (18:00-16:15 window) with labels showing the price, time occurred, and percentage move from the open.
User Projections: Allows users to configure multiple sets of potential HOD/LOD target zones (categorized as Long/True, Long/False, Short/True, Short/False). These are defined by specific time windows and percentage ranges from the daily open, displayed as colored projection boxes.
Statistical Projections:
ADR/MDR: Calculates the Average Daily Range (ADR) or Median Daily Range (MDR) over a user-set lookback period. It then plots projected High/Low levels for the current day based on adding/subtracting half this range value from the daily open price.
ASN OR Standard Deviations: Uses the range of the Asian session's OR to calculate and plot standard deviation levels (+/- 1.0, 2.5, 5.0, 8.0). These lines appear after the ASN OR concludes and change appearance if price crosses them.
09:30 NY Open Focus:
Provides specific analysis for the 09:30 ET 1-minute candle, often significant for US equity index futures.
Draws a box around this candle's range, optionally recoloring the bar, and draws internal percentage levels (25/50/75%) and minor offset lines for the subsequent 15 minutes.
Informational Tables:
Model Table: Summarizes the OR breakout dynamics for each session, indicating the initial break direction (Long/Short), whether the session maintained that direction without breaking the opposite side (True/False), and whether the OR midpoint was later broken (Broken/None).
Distribution Table: Presents range and percentage statistics for each session (and the 0930-1000 window). It shows the current day's values alongside historical Average or Median values, which can be filtered by day of the week or shown as a weekly total.
Customization & Management:
Offers extensive inputs to toggle nearly every visual element and feature.
Allows detailed customization of colors, line styles/widths, label content/size, and table appearance/position.
Incorporates logic to clean up drawings from the previous day at the 18:00 ET reset, ensuring chart clarity.
The Delta with EMAs - Version 2 | CaptJackSparrow📊 The Delta with EMAs - Version 2 16th April 25 working copy it is not finished yet!!!!!!!| CaptJackSparrow
This updated script takes your trading to the next level by merging dynamic volume delta with customizable EMAs and Fibonacci levels, all enhanced with session-based background highlights.
🧩 Cumulative Volume Delta (CVD):
Visualize market sentiment and volume flow with step-line candles, showing the tug-of-war between buyers and sellers.
Real-time tracking of volume dynamics with customizable timeframes and session-specific calculations.
📈 Exponential Moving Averages (EMAs):
EMAs (3, 5, 8, 9, 15, 24, 30, 60, 90) plotted on CVD to reveal trend direction and momentum shifts.
Customizable visibility settings for each EMA, with background coloring when the EMAs align to highlight momentum zones.
📊 Fibonacci Levels:
Overnight and New York sessions: Track the high, low, and midpoint (equilibrium) for each session to gauge market sentiment.
Weekly Fibonacci: See the high, low, and midpoint for the week, with dynamic labels updating as the week progresses.
🌍 Session Highlights:
Display colored backgrounds for New York, Overnight, Europe, Asia, and After Hours sessions, helping you identify active market periods.
Customizable start/end times for each session with visual color options.
🔔 Alerts & Visuals:
EMA crossovers and background colors help spot key momentum shifts.
Tailored alerts based on the crossover of the EMAs, helping you track potential entries or exits.
🧠 Ideal for traders who love:
Understanding market structure through volume analysis.
Using multiple session contexts for more precise trading decisions.
Anticipating breakouts or divergences with dynamic Fibonacci and EMA support.
🏴☠️ Disclaimer: This script is for educational purposes only and is not financial advice. Always trade responsibly and consider market risks.
Global Market Opens by Koenigsegg🧠 Global Market Opens Filter by Koenigsegg
Track the pulse of global capital flows with surgical precision, on business days only.
This powerful tool maps the exact open levels of the world's four major trading hubs: Europe, New York, Asia, and Australia — right onto your chart in real time, while intelligently filtering out weekends when global markets are closed.
Designed for professional traders who value clarity and timing, the indicator plots clean horizontal lines at the precise open of each session (based on your defined time), with customizable visuals and fixed projection logic to keep your levels consistent and readable. The built-in weekend filter ensures you only see relevant session opens during active trading days.
Whether you're trading forex, indices, crypto, or equities, this tool gives you the tactical edge to anchor your intraday playbook around session opens — when volatility, volume, and opportunity align.
🛠️ Core Features
✅ Weekday-only filtering - Automatically excludes weekend session opens in UTC time
✅ Plotted session opens for:
- London (LSE/Europe) – "LON/AMS/PAR"
- New York (NYSE) – "NEWYORK"
- Tokyo (TSE) – "TOKYO"
- Sydney (ASX) – "AUSTRALIA"
✅ Precise horizontal lines with fixed future projection for clean chart structure
✅ Real-time session detection based on your time inputs
✅ Adjustable line length with a set number of bars ahead
✅ Custom color selection per session for clear differentiation
✅ Minimal labels for a clean, pro-grade interface
✅ Toggle each session individually to tailor it to your market hours
✅ Toggle weekend filtering to suit your specific analysis needs
✅ Built to maintain chart performance – lightweight and optimized
🌍 Why It Matters
Markets move when sessions change hands. With this tool, you can:
- Align your entries and exits with institutional activity zones
- See where price anchors or rejects during session opens
- Filter out noise from weekend sessions when markets are closed
- Build confluence with structure, liquidity grabs, and narrative shifts
This isn't just another visual tool. It's a precision clock for those who know what time it is — and trade accordingly.
⚙️ Configuration Options
Session Times - Set custom open hours and minutes for each global market open
Color Selection - Choose distinctive colors for each session line
Fixed End Position - Define how far ahead lines should project (in bars)
Weekend Filter - Toggle UTC weekend filtering on/off based on your needs
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. Trading is risky and can result in significant losses. Use at your own discretion.
💡 Pro Tip
Pair this tool with your order flow, CVD, or liquidity maps to see where price respects or breaks session anchors during active trading days. The moment a session opens, watch if the buyers are in control or if the sellers are in control. With the weekend filter, you'll focus solely on market-relevant session opens when institutions are actually trading. Timing is everything — and now, you control it.
📊 Hashtags
#KoenigseggTools #TradingView #MarketOpenLines #WeekdayFilter #LSE #NYSE #TSE #ASX #SessionTrading #PriceAction #PrecisionTrading #SmartMoney #InstitutionalZones #Forex #Crypto #Equities #IntradayStrategy #GlobalOpens
Prev Day, Premarket, 5m OpenDescription of the Script
This script is a Pine Script (version 5) indicator designed for use in TradingView. It overlays customizable price range lines and backgrounds on a chart to highlight key trading ranges based on different time periods and sessions. The indicator focuses on the following ranges:
Daily Range: Displays the high and low prices from the previous trading day (9:30 AM to 4:00 PM ET).
Premarket Range: Shows the high and low prices during the premarket session (4:00 AM to 9:29 AM ET) of the current day.
5-Minute Opening Range: Captures the high and low prices during the first 5 minutes of the regular trading session (9:30 AM to 9:35 AM ET).
GC Sessions (Gold Commodity): Optionally displays the high and low of the previous day's GC session (9:00 AM to 2:30 PM ET) and London Fix windows (5:00–6:00 AM and 9:30–10:30 AM ET on the current day).
CL Sessions (Crude Oil): Optionally displays the high and low of the previous day's CL session (9:00 AM to 2:30 PM ET) and the EIA window (10:00–11:00 AM ET on Wednesdays).
Each range is represented by horizontal lines (top and bottom) with customizable colors, styles (solid, dashed, dotted), and widths. Background shading between the high and low lines can also be enabled with adjustable colors and transparency. Labels are added to identify each range (e.g., "PDH" for Previous Day High, "PMH" for Premarket High, etc.). The script adjusts for time zones via a user-defined offset and allows manual override of the previous trading day.
Instructions for Setting the Inputs
The script provides a variety of customizable inputs grouped by range type. Below are instructions for setting each input category:
General Settings
Timezone Offset (hours): Adjusts the script's time calculations to your local timezone relative to UTC. Enter the number of hours to subtract from UTC (e.g., -4 for Eastern Time during Daylight Saving Time, -5 during Standard Time). Range: -12 to +12.
Previous Day Settings
Previous Trading Day Override (YYYY-MM-DD): Allows manual specification of the previous trading day in "YYYY-MM-DD" format (e.g., "2025-03-19"). Leave blank for automatic detection (defaults to the prior day). This override expires at midnight ET the next day.
Daily Range Customization
Daily Top Line Color: Choose the color for the previous day's high line (default: green).
Daily Top Line Style: Select the line style (solid, dashed, dotted; default: solid).
Daily Top Line Width: Set the line thickness (1 to 5; default: 2).
Daily Bottom Line Color: Choose the color for the previous day's low line (default: red).
Daily Bottom Line Style: Select the line style (solid, dashed, dotted; default: solid).
Daily Bottom Line Width: Set the line thickness (1 to 5; default: 2).
Daily Show Background?: Enable/disable background shading between the high and low (default: true).
Daily Background Color: Choose the background color (default: orange).
Daily Background Transparency: Set transparency level (0 = opaque, 100 = fully transparent; default: 92).
Premarket Range Customization
Premarket Top Line Color: Choose the color for the premarket high line (default: green).
Premarket Top Line Style: Select the line style (solid, dashed, dotted; default: solid).
Premarket Top Line Width: Set the line thickness (1 to 5; default: 2).
Premarket Bottom Line Color: Choose the color for the premarket low line (default: red).
Premarket Bottom Line Style: Select the line style (solid, dashed, dotted; default: solid).
Premarket Bottom Line Width: Set the line thickness (1 to 5; default: 2).
Premarket Show Background?: Enable/disable background shading (default: true).
Premarket Background Color: Choose the background color (default: blue).
Premarket Background Transparency: Set transparency level (0 to 100; default: 92).
5-Minute Opening Range Customization
5min Opening Top Line Color: Choose the color for the opening range high line (default: black).
5min Opening Top Line Style: Select the line style (solid, dashed, dotted; default: solid).
5min Opening Top Line Width: Set the line thickness (1 to 5; default: 2).
5min Opening Bottom Line Color: Choose the color for the opening range low line (default: black).
5min Opening Bottom Line Style: Select the line style (solid, dashed, dotted; default: solid).
5min Opening Bottom Line Width: Set the line thickness (1 to 5; default: 2).
GC Special Sessions
Show GC Session Range (9:00 AM - 2:30 PM ET)?: Enable/disable the GC session range from the previous day (default: false).
GC Session Top Color: Choose the color for the GC session high line (default: green).
GC Session Bottom Color: Choose the color for the GC session low line (default: red).
Show London Fix Windows (5-6 AM, 9:30-10:30 AM ET)?: Enable/disable the London Fix windows for the current day (default: false).
London Fix Top Color: Choose the color for the London Fix high line (default: green).
London Fix Bottom Color: Choose the color for the London Fix low line (default: red).
CL Special Sessions
Show CL Session Range (9:00 AM - 2:30 PM ET)?: Enable/disable the CL session range from the previous day (default: false).
CL Session Top Color: Choose the color for the CL session high line (default: green).
CL Session Bottom Color: Choose the color for the CL session low line (default: red).
Show EIA Window (Wed, 10-11 AM ET)?: Enable/disable the EIA window for Wednesdays (default: false).
EIA Window Top Color: Choose the color for the EIA high line (default: green).
EIA Window Bottom Color: Choose the color for the EIA low line (default: red).
How to Use
Add to Chart: Copy the script into TradingView's Pine Editor, then add it to your chart.
Adjust Inputs: Open the indicator settings by double-clicking it on the chart. Modify the inputs as described above to suit your preferences.
Verify Timezone: Ensure the "Timezone Offset" matches your desired timezone for accurate range calculations.
Optional Overrides: Use the "Previous Trading Day Override" if you need to analyze a specific past day, ensuring the format is correct (e.g., "2025-03-19").
This indicator is particularly useful for traders who rely on key price levels from previous sessions, premarket activity, or specific commodity-related time windows (GC and CL).
Normalized VolumeOVERVIEW
The Normalized Volume (NV) is an attempt at visualizing volume in a format that is more understandable by placing the values on a scale of 0 to 100. 0 in this case is the lowest volume candle available on the chart, and 100 being the highest. Calling a candle “high volume” can be misleading without having something to compare to. For example, in scaling the volume this way we can clearly see that a given candle had 80% of the peak volume or 20%, and gauge the validity of price moves more accurately.
FEATURES
NV by session
Allows user to filter the volume values across 4 different sessions. This can add context to the volume output, because what it high volume during London session may not be high volume relative to New York session.
Overlay plotting
When volume boxes are turned on, this will allow you to toggle how they are plotted.
Color theme
A standard color theme will color the NV based on if the respective candle closed green or red. Selecting variables will color the NV plot based on which range the value falls within.
Session inputs
Activated with the “By session?” Input. Allows user to break the day up into 4 sessions to more accurately gauge volume relative to time of day.
Show Box (X)
Toggles on chart boxes on and off.
Show historical boxes
Will plot prior occurrences of selected volume boxes, deleting them when price fully moves through them in the opposite direction of the initial candle.
Color inputs
Allows for intensive customization in how this tool appears visually.
INTERPRETATION
There are 6 pre-defined ranges that NV can fall within.
NV <= 10
Volume is insignificant
In this range, volume should not be a confirmation in your trading strategy.
NV > 10 and <= 20
Volume is low
In this range, volume should not be a confirmation in your trading strategy.
NV > 20 and <= 40
Volume is fair
In this range, volume should not be the primary confirmation in your trading strategy.
NV > 40 and <= 60
Volume is high
In this range, volume can be the primary confirmation in your trading strategy.
NV > 60 and <= 80
Volume is very high
In this range, volume can be the primary confirmation in your trading strategy.
NV > 80
Volume is extreme
In this range, volume is likely news driven and caution should be taken. High price volatility possible.
To utilize this tool in conjunction with your current strategy, follow the range explanations above section in this section. The higher the NV value, the stronger you can feel about your directional confirmation.
If NV = 100, this means that the highest volume candle occurred up to that point on your selected timeframe. All future data points will be weighed off of this value.
LIMITATIONS
This tool will not load on tickers that do not have volume data, such as VIX.
STRATEGY
The Normalized Volume plot can be used in exactly the same way as you would normally utilize volume in your trading strategy. All we are doing is weighing the volume relative to itself.
Volume boxes can be used as targets to be filled in a similar way to commonly used “fair value gap” strategies. To utilize this strategy, I recommend selecting “Plot to Wicks” in Overlay Plotting and toggling on Show Historical Boxes.
Volume boxes can be used as areas for entry in a similar way to commonly used “order block” strategies. To utilize this strategy, I recommend selecting “Open To Close” in Overlay Plotting.
NOTES
You are able to plot an info label on right side of NV plot using the "Toggle box label" input. When a box is toggled on this label will tell you when the most recent box of that intensity occurred.
This tool is deeply visually customizable, with the ability to adjust line width for plotted boxes, all colors on both box overlays, and all colors on NV panel. Customize it to your liking!
I have a handful of additional features that I plan on adding to this tool in future updates. If there is anything you would like to see added, any bugs you identify, or any strategies you encounter with this tool, I would love to hear from you!
Huge shoutout to @joebaus for assisting in bringing this tool to life, please check out his work here on TradingView!
NYSE, Euronext, and Shanghai Stock Exchange Hours IndicatorNYSE, Euronext, and Shanghai Stock Exchange Hours Indicator
This script is designed to enhance your trading experience by visually marking the opening and closing hours of major global stock exchanges: the New York Stock Exchange (NYSE), Euronext, and Shanghai Stock Exchange. By adding vertical lines and background fills during trading sessions, it helps traders quickly identify these critical periods, potentially informing better trading decisions.
Features of This Indicator:
NYSE, Euronext, and Shanghai Stock Exchange Hours: Displays vertical lines at market open and close times for these three exchanges. You can easily switch between showing or hiding the different exchanges to customize the indicator for your needs.
Background Fill: Highlights the trading hours of these exchanges using faint background colors, making it easy to spot when markets are in session. This feature is crucial for timing trades around overlapping trading hours and volume peaks.
Customizable Visuals: Adjust the color, line style (solid, dotted, dashed), and line width to match your preferences, making the indicator both functional and visually aligned with your chart's aesthetics.
How to Use the Indicator:
Add the Indicator to Your Chart: Add the script to your chart from the TradingView script library. Once added, the indicator will automatically plot vertical lines at the opening and closing times of the NYSE, Euronext, and Shanghai Stock Exchange.
Customize Display Settings: Choose which exchanges to display by enabling or disabling the NYSE, Euronext, or Shanghai sessions in the indicator settings. This allows you to focus only on the exchanges that are relevant to your trading strategy.
Adjust Visual Properties: Customize the appearance of the vertical lines and background fill through the settings. Modify the color of each exchange, adjust the line style (solid, dotted, dashed), and control the line thickness to suit your chart preferences. The background fill can also be customized to clearly highlight active trading sessions.
Identify Key Market Hours: Use the vertical lines and background fills to identify the market open and close times. This is particularly useful for understanding how price action changes during specific trading hours or for finding high liquidity periods when multiple markets are open simultaneously.
Adapt Trading Strategies: By knowing when major stock exchanges are open, you can adapt your trading strategy to take advantage of potential price movements, increased volatility, or volume. This can help you avoid low-liquidity times and capitalize on more active trading periods.
This indicator is especially valuable for traders focusing on cross-market dynamics or those interested in understanding how different sessions influence market liquidity and price action. With this tool, you can gain insight into market conditions and adapt your trading strategies accordingly. The clean visual separation of session times helps you maintain context, whether you're trading Forex, stocks, or cryptocurrencies.
Disclaimer: This script is intended for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. Trading involves risk, and past performance is not indicative of future results.
Time Range### Indicator Name: **Time Range**
#### Description:
The **Time Range** indicator allows users to highlight specific time ranges on a chart for each day of the week. It uses customizable time inputs for every day (Monday to Sunday), allowing the user to define trading sessions or any time-based range. These sessions are visualized by shading the background of the chart within the defined periods.
#### Key Features:
- **Custom Sessions**: For each day of the week (Monday to Sunday), the user can define a unique time session by specifying the start time using the input fields.
- **Day-wise Session Activation**: The user can toggle the activation of sessions for each day by using checkboxes. If the session for a particular day is disabled, no background shading will appear for that day.
- **Background Highlighting**: When a session is active, the background of the chart during the specified session period will be shaded in gray with a 70% transparency. This helps the user visually identify active time ranges across multiple days.
#### Use Cases:
- **Highlighting Trading Sessions**: Traders can use this indicator to easily visualize specific market sessions such as the New York or London trading sessions.
- **Visualizing Custom Time Blocks**: Can be used to highlight any custom time blocks that are important for the trader, such as key trading hours, news release periods, or other time-based strategies.
#### Customizable Parameters:
- **Day Toggles**: Checkboxes to activate or deactivate sessions for each day of the week.
- **Time Range Inputs**: Time range inputs allow the user to set start times for each session, which are applied based on the user's selection for the day.
This indicator helps streamline chart analysis by giving clear visual markers for time-based events or trading windows.
Time-based Vertical LinesThe Time-Based Vertical Line Script is a Pine Script tool designed to plot vertical lines at specific times during the trading day. The script allows users to mark important time-based events or price movement patterns by plotting fully customizable vertical lines on the chart. Each line can be configured with a specific time, color, width, and style, providing a clear visual reference for key moments throughout the trading session.
Key Features:
Custom Time Inputs:
Users can specify the hour and minute for each vertical line to mark crucial times, such as the opening or closing of a market session, or events like news releases.
The script can accommodate up to 24 vertical lines, each with individual time settings.
Customizable Appearance:
Color: Select different colors for each line to visually distinguish between important events or trading sessions.
Width: Adjust the thickness of the vertical lines to emphasize specific times.
Style: Choose from solid, dashed, or dotted lines for further customization.
No Built-in UTC Offset:
Important: This script does not automatically adjust for time zones or UTC offsets. The user must manually set the time for each vertical line based on the platform's server time or the desired trading session time.
If you are in a different time zone, you will need to calculate the time difference between your local time and the platform's time zone (which could be UTC or any other time zone).
For example, if the platform is set to UTC and you are in New York (UTC-4 during daylight savings), you will need to manually adjust your time inputs to match the time zone difference.
Static Time Configuration: The times you input for the vertical lines are fixed, meaning they won’t automatically adjust based on daylight savings or time zone shifts. You'll need to manually reconfigure the times if such changes occur.
Use Cases:
Session Marking: Mark the beginning and end of specific market sessions like New York, London, or Asian trading hours.
Event Monitoring: Plot lines to mark important economic events or news releases, ensuring you're prepared for potential market movements.
Strategy Tracking: For traders using time-sensitive strategies, such as the ICT (Inner Circle Trader) models, the script can help you highlight critical time windows for potential setups.
Important Note on Time Zone:
Since the script doesn't automatically apply a UTC offset, users need to figure out the correct time to input based on their own time zone and the platform's time zone. For example:
If you're in New York (UTC-4) and want to mark the New York session open at 9:30 AM, but your platform runs on UTC time, you would input 13:30 as the hour for the vertical line (since 9:30 AM UTC-4 corresponds to 13:30 UTC).
Example:
If your platform’s time is set to UTC, and you want to mark an event that happens at 10:00 AM in your local time zone (UTC-5), you'll need to set the vertical line to 15:00 (because 10:00 AM UTC-5 is 15:00 in UTC).
This means you'll need to calculate the offset based on your location and input the adjusted time into the script manually.
RSI Supreme Multi-Method [MyTradingCoder]Introducing the "RSI Supreme Multi-Method" indicator, a powerful tool that combines the Relative Strength Index (RSI) with selectable manipulation methods to identify overbought and oversold conditions in the market, along with the ability to detect divergences for enhanced trading insights.
The indicator features four distinct manipulation methods for the RSI, each providing valuable insights into market conditions:
1. Standard RSI Method: The indicator uses the traditional RSI calculation to identify overbought and oversold areas.
2. Volatility Weighted RSI Method: This method applies a volatility formula to the RSI calculation, allowing for a more responsive indication of market conditions during periods of heightened volatility. Users can adjust the length of the volatility formula to fine-tune this method.
3. Smoothed RSI Method: The smoothed RSI method utilizes a smoothing algorithm to reduce noise in the RSI values, presenting a clearer representation of overbought and oversold conditions. The length of the smoothing can be adjusted to match your trading preferences.
4. Session Weighted RSI Method: With this innovative method, users can specify multipliers for different time sessions throughout the day to manipulate the base RSI. Each session can be customized with start and end times, enabling or disabling specific sessions, and specifying the multiplier for each session. This feature allows traders to adapt the RSI to different market sessions dynamically.
Additionally, the "RSI Supreme Multi-Method" indicator draws divergences on the oscillator, providing an extra layer of analysis for traders. Divergences occur when the direction of the RSI differs from the direction of the price movement, potentially signaling trend reversals.
Key Settings:
RSI Length: Adjust the length of the base RSI before applying any manipulation.
RSI Source: Determine the data source for the base RSI calculation.
Overbought Value: Set the RSI value at which overbought conditions are indicated.
Oversold Value: Set the RSI value at which oversold conditions are indicated.
RSI Type: Choose from four options: Standard, Smoothed, Volatility Manipulated, or Session Manipulated.
Volatility Manipulated Settings: Adjust the length of the volatility formula (applicable to Volatility Manipulated method).
Smoothed Settings: Adjust the length of the smoothing (applicable to Smoothed method).
Session Manipulated Settings: Customize six different time sessions with start and end times, enable or disable specific sessions, and specify multipliers for each session.
Divergence Color: Adjust the color of the drawn divergences to suit your chart's aesthetics.
Divergence Tuning: Fine-tune the sensitivity of the divergence detection for more accurate signals.
The "RSI Supreme Multi-Method" indicator is a versatile and comprehensive tool that can be used to identify overbought and oversold areas, as well as to spot potential trend reversals through divergences. However, like all technical analysis tools, it should be used in conjunction with other indicators and analysis methods to make well-informed trading decisions.
Enhance your trading insights with the "RSI Supreme Multi-Method" indicator and gain an edge in identifying critical market conditions and divergences with precision.
Breaking Bar [5ema]I reused some functions, made by (i believe that):
@LeviathanCapital: Market Sessions.
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How to use?
More suitable for Scalping
1. Plan A: Break out the highest bar
Find the bar with the largest range (high – low) and high volume of the previous N bars.
When the price close breaks down to highest bar, give a SELL signal.
When the price close breaks up the highest, give a BUY signal.
2. Plan B: Break out the bar opened market
The price close breaks through the open bar, give a Buy and Sell signal.
Market sessions: Tokyo, London, Sydney, New York.
-----
How to set up?
Choose the plan.
Lookback bar to find highest bar.
Right bar: What position of signal will appear from the open market bar (or high bar).
Number break: The maximum bars have price close breaked before giving signal.
Session time: The open and close of market.
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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.
Open Interest Profile (OI)- By LeviathanThis script implements the concept of Open Interest Profile, which can help you analyze the activity of traders and identify the price levels where they are opening/closing their positions. This data can serve as a confluence for finding the areas of support and resistance , targets and placing stop losses. OI profiles can be viewed in the ranges of days, weeks, months, Tokyo sessions, London sessions and New York sessions.
A short introduction to Open Interest
Open Interest is a metric that measures the total amount of open derivatives contracts in a specific market at a given time. A valid contract is formed by both a buyer who opens a long position and a seller who opens a short position. This means that OI represents the total value of all open longs and all open shorts, divided by two. For example, if Open Interest is showing a value of $1B, it means that there is $1B worth of long and $1B worth of short contracts currently open/unsettled in a given market.
OI increasing = new long and short contracts are entering the market
OI decreasing = long and short contracts are exiting the market
OI unchanged = the net amount of positions remains the same (no new entries/exits or just a transfer of contracts occurring)
About this indicator
*This script is basically a modified version of my previous "Market Sessions and Volume Profile by @LeviathanCapital" indicator but this time, profiles are generated from Tradingview Open Interest data instead of volume (+ some other changes).
The usual representation of OI shows Open Interest value and its change based on time (for a particular day, time frame or each given candle). This indicator takes the data and plots it in a way where you can see the OI activity (change in OI) based on price levels. To put it simply, instead of observing WHEN (time) positions are entering/exiting the market, you can now see WHERE (price) positions are entering/exiting the market. This is the same concept as when it comes to Volume and Volume profile and therefore, similar strategies and ways of understanding the given data can be applied here. You can even combine the two to gain an edge (eg. high OI increase + Volume Profile showing dominant market selling = possible aggressive shorts taking place)
Green nodes = OI increase
Red nodes = OI decrease
A cluster of large green nodes can be used for support and resistance levels (*trapped traders theory) or targets (lots of liquidations and stop losses above/below), OI Profile gaps can present an objective for the price to fill them (liquidity gaps, imbalances, inefficiencies, etc), and more.
Indicator settings
1. Session/Lookback - Choose the range from where the OI Profile will be generated
2. OI Profile Mode - Mode 1 (shows only OI increase), Mode 2 (shows both OI increase and decrease), Mode 3 (shows OI decrease on left side and OI increase on the right side).
3. Show OI Value Area - Shows the area where most OI activity took place (useful as a range or S/R level )
4. Show Session Box - Shows the box around chosen sessions/lookback
5. Show Profile - Show/hide OI Profile
6. Show Current Session - Show/hide the ongoing session
7. Show Session Labels - Show/hide the text labels for each session
8. Resolution - The higher the value, the more refined a profile is, but fewer profiles are shown on the chart
9. OI Value Area % - Choose the percentage of VA (same as in Volume Profile's VA)
10. Smooth OI Data - Useful for assets that have very large spikes in OI over large bars, helps create better profiles
11. OI Increase - Pick the color of OI increase nodes in the profile
12. OI Decrease - Pick the color of OI decrease nodes in the profile
13. Value Area Box - Pick the color of the Value Area Box
14. Session Box Thickness - Pick the thickness of the lines surrounding the chosen sessions
Advice
The indicator calculates the profile based on candles - the more candles you can show, the better profile will be formed. This means that it's best to view most sessions on timeframes like 15min or lower. The only exception is the Monthly profile, where timeframes above 15min should be used. Just take a few minutes and switch between timeframes and sessions and you will figure out the optimal settings.
This is the first version of Open Interest Profile script so please understand that it will be improved in future updates.
Thank you for your support.
** Some profile generation elements are inspired by @LonesomeTheBlue's volume profile script
Vertical Lines at Specific Times### **Script Description**
This **Pine Script v6** indicator for **TradingView** plots **vertical dotted lines** at user-specified times, marking key time ranges during the day. It is designed to help traders visually track market movements within specific timeframes.
#### **Features:**
✔ **Custom Timeframes:**
- Two separate time ranges can be defined:
- **Morning Session:** (Default: 9 AM - 10 AM, New York Time)
- **Evening Session:** (Default: 9 PM - 10 PM, New York Time)
✔ **Adjustable Line Properties:**
- **Line Width:** Users can change the thickness of the vertical lines.
- **Line Colors:** Users can select different colors for morning and evening session lines.
✔ **New York Local Time Support:**
- Ensures that the vertical lines appear correctly based on **Eastern Time (ET)**.
✔ **Full-Height Vertical Lines:**
- Lines extend across the **entire chart**, from the highest high to the lowest low, for clear visibility.
- Uses **dotted line style** to avoid cluttering the chart.
#### **How It Works:**
1. The script retrieves the **current date** (year, month, day) in **New York time**.
2. Converts the **user-defined input times** into **timestamps** for accurate placement.
3. When the current time matches a specified session time, a **dotted vertical line** is drawn.
4. The script **repeats this process daily**, ensuring automatic updates.
#### **Customization Options (Inputs):**
- **Morning Start & End Time** (Default: 9 AM - 10 AM)
- **Evening Start & End Time** (Default: 9 PM - 10 PM)
- **Line Width** (Default: 2)
- **Morning Line Color** (Default: Blue)
- **Evening Line Color** (Default: Green)
#### **Use Case Scenarios:**
📈 Marking market **open & close** hours.
📊 Highlighting **key trading sessions** for day traders.
🔎 Identifying time-based **price action patterns**.
Range Chart Time Analyzer by Shresht
DISCLAIMER :
This indicator is provided for informational and educational purposes only. It is not intended as financial, investment, or trading advice. The calculations and data presented by this indicator are based on available historical information and predefined logic, which may not always reflect real-time market conditions accurately.
I do not guarantee the accuracy, reliability, or completeness of the values displayed by this indicator. Users should independently verify any data before making trading decisions. I am not responsible or liable for any losses, damages, or financial consequences resulting from the use of this indicator.
By using this indicator, you acknowledge and accept full responsibility for any actions taken based on its output. Always conduct your own research and consult with a qualified financial professional before making any investment or trading decisions.
Range-Chart Time Analyzer
Make your Range Chart Complete
Overview:
This indicator is specifically designed for Range Charts. Unlike traditional charts, Range Charts plot bars at varying time intervals. This indicator helps visualize these "time warps" by calculating the difference between the opening time of the current bar and the opening time of the previous bar, along with their averages. Additionally, it offers optional settings to display Green-only, Red-only, or Green vs. Red averages .
Time Unit:
This indicator uses seconds as the unit of measurement for time
Logic: At its core, it relies solely on the opening time of each candle. The averages are calculated based on the time difference between consecutive pair of bars. For example, with a length of 3, the average is computed as:
/ 2
Features :
~Three Averages
~Green Candle only Average , Red Candle only Average and Green vs Red Average ( Green only Average minus Red only Average )
Inputs/Settings :
~Reference Bar: When the indicator is first added to the chart, it will prompt you to select a Reference Bar. This selection can be changed later without reapplying the indicator by either specifying the timestamp in the settings or adjusting the slider that appears above the red "R" label when hovering over it. The Reference Bar allows you to calculate an average starting from a specific point in time, such as the beginning of a trading session or a significant event like a news release or an announcement.
~Session Breaker: This feature ensures that averages are not skewed by the large time gap between trading sessions, i.e., the last candle of the previous session and the first candle of the current session. It is measured in seconds, as mentioned earlier. Set it to a large number of seconds, but ensure that it is less than the actual time gap between sessions.
~ Length and Length 2: The default Length is set to 2, allowing you to see individual differences. It is important to understand the following: WHEN LENGTH IS 2, THE AVERAGE DISPLAYED BELOW A CANDLE REPRESENTS THE DIFFERENCE BETWEEN THE PREVIOUS CANDLE'S OPEN TIME AND THE CURRENT/LATEST CANDLE'S OPEN TIME. BECAUSE, IN RANGE CHARTS, THE CLOSE OF THE PREVIOUS CANDLE AND THE OPEN OF THE CURRENT CANDLE ARE THE SAME, THIS MAY RESULT IN A RED-COLORED COLUMN APPEARING BELOW A GREEN CANDLE IF THE PREVIOUS CANDLE WAS RED. HOWEVER, THIS DOES NOT AFFECT THE ACCURACY OF THE RED ONLY OR GREEN ONLY AVERAGES. THIS INDICATOR IS ALWAYS "ONE CANDLE AHEAD" IN ITS PLOTTING.
Length 2 is used to calculate a third, larger average with a custom length of your choice.
~ Length for Green Only Average and Length for Red Only Average: These inputs define the lookback period for calculating the average of a specific candle color. A crucial point to remember is that when displaying the Green vs Red Average, both these inputs must be set to the same value to ensure an accurate comparison .
DISCLAIMER :
This indicator is provided for informational and educational purposes only. It is not intended as financial, investment, or trading advice. The calculations and data presented by this indicator are based on available historical information and predefined logic, which may not always reflect real-time market conditions accurately.
I do not guarantee the accuracy, reliability, or completeness of the values displayed by this indicator. Users should independently verify any data before making trading decisions. I am not responsible or liable for any losses, damages, or financial consequences resulting from the use of this indicator.
By using this indicator, you acknowledge and accept full responsibility for any actions taken based on its output. Always conduct your own research and consult with a qualified financial professional before making any investment or trading decisions.
Globex Trap ZoneGlobex Trap Indicator
A powerful tool designed to identify potential trading opportunities by analyzing the relationship between Globex session ranges and Supply & Demand zones during regular trading hours.
Key Features
Tracks and visualizes Globex session price ranges
Identifies key Supply & Demand zones during regular trading hours
Highlights potential trap areas where price might experience significant reactions
Fully customizable time ranges and visual settings
Clear labeling of Globex highs and lows
How It Works
The indicator tracks two key periods:
Globex Session (Default: 6:00 PM - 9:30 AM)
Monitors overnight price action
Marks session high and low
Helps identify potential range breakouts
Supply & Demand Zone (Default: 8:00 AM - 11:00 AM)
Tracks price action during key market hours
Identifies potential reaction zones
Helps spot institutional trading areas
Best Practices for Using This Indicator
Use on 1-hour timeframe or lower for optimal visualization
Best suited for futures and other instruments traded during Globex sessions
Pay attention to areas where Globex range and Supply/Demand zones overlap
Use in conjunction with your existing trading strategy for confirmation
Recommended minimum of 10 days of historical data for context
Settings Explanation
Globex Session: Customizable time range for overnight trading session
Supply & Demand Zone: Adjustable time range for regular trading hours
Days to Look Back: Number of historical days to display (default: 10)
Visual Settings: Customizable colors and transparency for both zones
Important Notes
All times are based on exchange timezone
The indicator respects overnight sessions and properly handles timezone transitions
Historical data requirements: Minimum 10 days recommended
Performance impact: Optimized for smooth operation with minimal resource usage
Disclaimer
Past performance is not indicative of future results. This indicator is designed to be used as part of a comprehensive trading strategy and should not be relied upon as the sole basis for trading decisions.
Updates and Support
I actively maintain this indicator and welcome feedback from the trading community. Please feel free to leave comments or suggestions for improvements.
Time based Insights [Digit23]Description:
The NSE Trading Time Insights indicator is a powerful tool designed for traders on the National Stock Exchange (NSE) of India. It provides a comprehensive overview of different trading sessions throughout the day, offering valuable insights into market characteristics and potential trading strategies for each time period.
Key Features:
1. Dynamic Session Display: The indicator automatically detects the current trading session and highlights it in the table.
2. Customizable Table: Users can choose to display either a full table showing all sessions or focus on the current session only.
3. User-Editable Content: Time ranges, session characteristics, and trading insights are fully customizable by the user.
4. Visual Customization: Table position and color scheme can be adjusted to suit individual preferences.
5. Market Status Indicator: Clearly shows when the market is closed.
Sessions Covered:
1. Opening Bell
2. Mid-Morning
3. Lunch Hour
4. Early Afternoon
5. Power Hour
For each session, the indicator displays:
- Time Range
- Session Name
- Market Characteristics
- Trading Insights
Customization Options:
- Table Position: Choose from top-left, top-right, bottom-left, or bottom-right of the chart.
- Color Scheme: Customize colors for header, cells, highlighting, and market closed status.
- Session Details: Edit time ranges, characteristics, and trading insights for each session.
Usage:
This indicator is particularly useful for:
1. New traders learning about intraday market dynamics on the NSE.
2. Experienced traders looking for a quick reference of session characteristics.
3. Traders developing or refining time-based trading strategies.
4. Anyone seeking to understand the typical flow of the trading day on the NSE.
Note:
The indicator uses the chart's time to determine the current session. Ensure your chart is set to the correct time zone for accurate results.
Disclaimer:
This indicator is for informational purposes only. The provided insights and characteristics are general in nature and may not reflect current market conditions. Always conduct your own analysis and risk assessment before making trading decisions.
Macro Times [Blu_Ju]About ICT Macro Times:
The Inner Circle Trader (ICT) has taught that there are certain time sessions when the Interbank Price Delivery Algorithm (IPDA) is running a macro. The macro itself could be a repricing macro, a consolidation macro, etc. - this depends on where price currently is in relation to its draw. The times the macro is active do not change however, and are always the following (in New York local time):
8:50-9:10 (premarket macro)
9:50-10:10 (AM macro 1)
10:50-11:10 (AM macro 2)
11:50-12:10 (lunch macro)
13:10-13:40 (PM macro)
15:15-15:45 (final hour macro)
Because these times are fixed, traders can anticipate a setup is likely to form in or around these sessions. Setups may involve sweeps of liquidity (highs/lows), repricing to inefficiencies (e.g., fair value gaps), breaker setups, etc. (The specific setup involved is beyond the scope of this script; this script is concerned with visually marking the time sessions only.)
About this Script:
The scope of this script is to visually identify the macro active time sessions. This script draws vertical lines to mark the start and end of the macro time sessions. Optionally, the user can use a background color for the macro session with or without the vertical lines. The user can also toggle on or off any of the macro sessions, if he or she is only interested in certain ones. The user also has the freedom to change the times of the macro sessions if he or she is interested in a different time.
What makes this script unique is that it plots the macro time sessions after midnight for each day, before the real-time bar reaches the macro times. This is advantageous to the trader, as it gives the trader a visual cue that the macro times are approaching. When watching price it is easy to lose track of time, and the purpose of this script is to help the trader maintain where price is in relation to the macro time sessions in a simple, visual way.
Opening Range Gaps [TFO]This indicator displays Opening Range Gaps with an adjustable time window. Its intention is to capture the discrepancy between the close price of previous and new Real Trading Hours (RTH) sessions, i.e. yesterday's close compared to today's open. A gap will be drawn from this area with a solid line denoting its midpoint, and dashed lines denoting the upper and lower quartiles of its range. Its color is determined by whether the new session open price is above or below the previous session close.
The Gap Session parameter allows users to define the specific time window for which to capture the "gap" in price. Using U.S. index futures as an example, we can use 16:00 - 09:30 (EST) to capture the discrepancy between the previous day's close price and the current day's open price. However, this parameter is left as adjustable for users that may want to observe different markets or simply experiment with different time windows.
Show Session Delineations will draw vertical timestamps denoting the start and end times of the provided Gap Session. Track Start Price serves as a visual aid to track the initial price of the Gap Session until its end price is validated, for easy visual verification of a gap's upper and lower bounds. With both options turned off, the indicator will only display the gap boxes and lines, as shown here:
Extend Boxes will draw all gaps with an indefinite extension to the right. This can get messy with a large number of boxes, which is why we have a Keep Last parameter to limit how many sessions' drawings should be stored. Any drawings that were made beyond this number of sessions in the past will automatically be deleted.
The Timeframe Limit will dictate that the indicator as a whole will only draw objects on timeframes less than or equal to this timeframe, determined by the user. In some cases this may help users avoid resolution errors which may arise from using timeframes that are too large for a given session. For example, if a user wanted to track a Gap Session of 16:15-09:30, the Timeframe Limit should be set to 15 minutes because the close price at 16:15 cannot be observed on a 30 minute chart (or greater).
Daye Quarterly Theory by toodegrees> Introduction and Acknowledgements
The Daye Quarterly Theory° tool encompasses the cyclical Time aspect of the markets as studied and developed by Daye (traderdaye on Twitter).
I am not the creator of this Theory, and I do not hold the answers to all the questions you may have; I suggest you to study it from Daye's tweets and material.
I collaborated directly with Daye to bring a comprehensive Time tool to Tradingview.
S/O to @a1tmaniac and @joshuuu for their previous works on this Theory.
> Tool Description
This is purely a graphical aid for traders to be able to quickly determine Daye's Quarterly Cycles, and save Time while on the charts.
The disruptive value of this tool is that it reliably plots forwards in Time, allowing you to strategize and tape read efficiently; as well as calculating all the Cycles, from Micro Sessions, to the Year.
> Quarterly Theory by Daye
The underlying idea is that Time is to be divided in Quarters for correct interpretation of Market Cycles. The specific starting point of a Cycle will depend on the Timeframe at hand.
Daye being one of the most prominent Inner Circle Trader students, these ideas stem from ICT's concepts themselves, and are to be used hand in hand (PD Array Matrix, PO3, Institutional Price Levels, ...).
These Quarters represent:
A - Accumulation (required for a cycle to occur)
M - Manipulation
D - Distribution
X - Reversal/Continuation
The latter are going to always be in this specific sequence; however the cycle can be transposed to have its beginning in X, trivially followed by A, M, and finally D.
This feature is not automatic and at the subjective discretion of the Analyst.
Note: this theory has been developed on Futures, hence its validity and reliability may change depending on the market Time.
This tool does provide a dynamic and auto-adapting aspect to different market types and Times, however they must be seen as experimental.
> Quarterly Cycles
The Quarterly Cycles currently supported are: Yearly, Monthly, Weekly, Daily, 90 Minute, Micro Sessions.
– Yearly Cycle:
Analogously to financial quarters, the year is divided in four sections of three months each
Q1 - January, February, March
Q2 - April, May, June (True Open, April Open)
Q3 - July, August, September
Q4 - October, November, December
Note: this Cycle is the most difficult to optimize as Timeframes become more granular due to the sheer length of its duration. With Time and advancements it will become more accurate. This is the only Cycle for which accuracy is not 100%.
– Monthly Cycle:
Considering that we have four weeks in a month, we start the cycle on the first month’s Monday (regardless of the calendar Day).
Q1 - Week 1, first Monday of the month
Q2 - Week 2, second Monday of the month (True Open, Daily Candle Open Price)
Q3 - Week 3, third Monday of the month
Q4 - Week 4, fourth Monday of the month
– Weekly Cycle:
Daye determined that although the trading week is composed by 5 trading days, we should ignore Friday, and the small portion of Sunday’s price action.
Q1 - Monday
Q2 - Tuesday (True Open, Daily Candle Open Price)
Q3 - Wednesday
Q4 - Thursday
– Daily Cycle:
The Day can be broken down into 6H quarters. These Times roughly define the sessions of the Trading Day, reinforcing the Theory’s validity.
Q1 - 18:00 - 00:00, Asian Session
Q2 - 00:00 - 06:00, London Session (True Open, Midnight New York Time)
Q3 - 06:00 - 12:00, NY Session
Q4 - 12:00 - 18:00, PM Session
Note: these Times are based on Futures Trading in New York Time, these will vary depending on the market type (experimental).
– 90 Minute Cycle:
Merely dividing one of the Daily Cycle’s Quarters we obtain 90 minute quarters. The first one in a Trading Day – 90min Cycles of the Asian Session – follows as an example, in New York Time.
Q1 - 18:00 - 19:30
Q2 - 19:30 - 21:00 (True Open)
Q3 - 21:00 - 22:30
Q4 - 22:30 - 00:00
– Micro Cycle:
Lastly, dividing a 90 Minute Cycle yields 22.5 Minute Quarters, known as Micro Sessions. An example breaking down the 90 Minute Cycle from 18:00 to 19:30 follows.
Q1 - 18:00 - 18:22:30
Q2 - 18:22:30 - 18:45 (True Open)
Q3 - 18:45 - 19:07:30
Q4 - 19:07:30 - 19:30
Note: trivially, these may not be exact unless the Timeframe is in the seconds, to correctly account for the half minute in each quarter – this said the tool is able to plot these anyways, although slight inaccuracy needs to be taken account depending on the Timeframe.
It is important to remember and be aware that the current chart’s Timeframe will heavily impact the plotted Time Cycles. This tool is in its initial form and it will be improved and adapted as traders start using it on a daily basis.
> Tool Settings
Plot Settings:
"Plot Type" will allow you to decide how the Cycles will be displayed. Out of the box the tool will be plotted on a separate pane, at the bottom of the chart; you can decide the orientation of the cycles from longest cycle at the bottom (Bottom Pane), or top (Top Pane). Alternatively you can move the tool to the chart and have the cycles plot on price (Move To -> Existing Pane Above), specifically above price (Top), or below (Bottom). The cycles will auto adjust their position based on the visible price action.
"Historical Cycles" will show previous Historical Cycles, up to where available in terms of script memory.
"Plot Size" will allow you to vary the height of the Cycle’s boxes
"Show Labels" will give you an auto-adapting legend which will help you determine which Cycle is which if you get lost.
The remaining Settings are self explanatory, allowing you to change colors, and choose which Cycles to see.
The source of the code is hidden due to the use of private libraries of mine. Happy to answer any questions in terms of code, where I will not be able to divulge any detail that concerns said libraries. Thank you for understanding!
Major thanks to Daye for his Time and Knowledge, it was a pleasure to collaborate and work together on this tool.
GLGT!
