Futures Key Levels

Key Levels — Sessions, Previous Ranges & Opens (Chicago-aligned sessions)

What it does
This indicator plots commonly used reference levels across multiple timeframes to help you frame the day and find confluence:

Sessions (Chicago TZ): London, New York, and Asia session high/low ranges.

Previous Period Ranges: Previous Day / Week / Month / Quarter / Year High/Low and optional Mid.

Opens: Current Daily / Weekly / Monthly / Quarterly / Yearly opens.

Intraday (4H): Previous 4-Hour High/Low + optional Mid.

Monday Range: Captures Monday’s High/Low (and optional Mid) to use as a weekly reference.

Price-scale markers: Optional markers that track key levels on the price scale without adding extra lines.

How it works (concepts & calculations)

Higher-timeframe values are retrieved using request.security() and update when a new period begins (e.g., previous day’s H/L become fixed at the start of the new day).

Session ranges are built from bar data within session windows using time(session, "America/Chicago"):

London: 02:00–05:00 CT

New York: 08:30–15:00 CT

Asia: 20:00–00:00 CT

“Mid” levels are simple midpoints between each period’s High and Low.

Merge Levels: when different levels land at the same price, their labels are merged to reduce clutter (e.g., “PDH / PWH”).

Why this version is useful / original bits

All-white baseline for clean charts; session colors stand out by design: London = Yellow, New York = Aquatic Blue, Asia = Red.

Right-anchored mode lets you park levels to the right side of the chart with a configurable anchor distance.

Label merging keeps the display minimal when multiple levels coincide.

Price-scale-only markers available when you prefer fewer lines on the chart.

Inputs & customization

Display Style: Standard or Right Anchored (+ distance controls).

Levels toggles: enable/disable each period (Daily/Weekly/Monthly/Quarterly/Yearly), Monday range, 4H range, and session ranges.

Text: optional shorthand labels (e.g., PDH/PDL, PWH/PWL).

Colors: global white theme, with session highlights; you can override in the Inputs.

Price-scale markers: on/off toggle.

How to use it

Use previous High/Low as liquidity pools and areas to watch for sweeps, breaks, or retests.

The Monday range often frames the rest of the week; breaks or rejections around Monday H/L can be informative.

The 4H previous range gives intraday context—great for mean-reversion vs. continuation reads.

Session ranges help you see where the active session expanded price and where liquidity may remain.


Notes & limitations

Sessions are computed in America/Chicago; higher-TF levels use the symbol’s exchange timezone.

This is an indicator, not a strategy; it does not place trades or claim performance.

Always combine levels with your own execution rules (structure, momentum, risk).

Credit: inspired by spacemanBTC; this version adds the all-white styling, Chicago-aligned sessions, right-anchoring, label merging, and price-scale markers.
Also my mentor to tell me about the levels

Disclaimer
This tool is for educational purposes only and is not financial advice. Markets involve risk; do your own research and manage risk appropriately.