OPEN-SOURCE SCRIPT

Intraday Session Behavior

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This indicator was built to study how price behaves throughout the trading day, from pre-London session to the New York close.

The goal was simple: identify recurring intraday tendencies, reversals, and consolidation phases based on time, not indicators.

I created this script to visually segment key intraday windows and then ran 100 manual backtests to observe where price most frequently shifts direction or changes behavior.

Key observation:
Across multiple samples, 8:00 AM NY time showed the highest frequency of reversals, often aligning with positioning ahead of the New York open.

This tool is not a signal generator. It’s designed for context, study, and confluence — especially for traders focused on session-based trading, liquidity behavior, and intraday structure.

Use it as a framework to:

Study session transitions

Refine time-based playbooks

Combine with your own strategy, structure, and risk management

Built the old-school way: observe, test, repeat.

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