ACD - Fisher's Methodology(Manual Sessions & Values)ACD - Fisher's Methodology(Manual Sessions & Values)
Version 1.00
Created by TWA_TradeWithAmir(TWA_PriceActionTips)
Updated 10/14/2020
Based On Mark B. Fisher's ACD Methodology
* Open the Indicator only in GMT+0(UTC+0)
* You Can Change the Session with First Parameter in input
* Run Indicator with Session Breaks for better view
* Do not change the Session Values(Session Periods)
* Enjoy!
Поиск скриптов по запросу "session"
MightyFine Time blocks - EquitiesThis is a session timing indicator designed to show you certain times that the NYSE trades in. The bands represent:
Pre-Market Queue
NYSE Early Trading
NYSE Core Trading Session
Closing Auction Imbalance Freeze period
(optional) NYSE Afterhours until Asian session open
USA VWAPFuture traders commonly watch both the globex VWAP (all time) and the US session VWAP (9:30am to 4:00pm). Trading view's built-in VWAP indicator plots the globex VWAP. The USA VWAP indicator overlays the US session VWAP (using hlc3) onto any futures asset. It works for stocks too, but it would be the exact same thing as using the builtin VWAP indicator.
Volume+ (RVOL By Time of Day)This script is an enhanced volume indicator.
It calculates relative volume (RVOL) based on the average volume at that time of day (rather than using a moving average).
For example, using this indicator you can see today’s volume during the first 5-minute candle of the market open compared to the previous day’s volume at the market open. Or you can see today’s volume at the market close during the last 15-minute candle compared to the average of the past 20 days of volume at the market close.
Due to the different quantity of candlesticks in a session between Stocks and Forex/Crypto, I separated those markets into separate settings, making this an all-in-one volume indicator that works on all markets.
Settings:
Stocks
If you set the lookback period to 1 on the 5-minute chart and look at the 9:30am candle for a stock, then the current volume bar will show you what today’s volume is compared to yesterday’s 9:30am 5-minute candle.
If you set the lookback period to 15, then the current volume bar will show you what today’s volume is compared to the average of the last 15 days of 9:30am 5-minute candles.
Max Lookback: 64 Sessions
Stocks
This setting is for traders who want to use this indicator on a timeframe lower than the 5-minute chart.
Due to limitations in how many historical bars PineScript can reference, referencing 1-minute and 3-minute bars requires a lot more historical data so I separated the two to allow the 5-minute+ timeframes to have a longer lookback period.
Max Lookback: 12 Sessions
Forex/Crypto
When you set the script to Forex/Crypto, it does the same thing for stocks but calculates based on a 24-hour period.
So if you set the lookback period to 1 on the 1-hour chart and look at the 11:00am candle for a currency pair, then the current volume bar will show you what today’s volume is compared to yesterday’s 11:00am 1-hour candle.
If you set the lookback period to 10, then the current volume bar will show you what today’s volume is compared to the average of the last 10 days of 11:00am 1-hour candles.
Max Lookback: 17 Sessions
What Doesn’t It Work On?
Because I had to manually calculate how many volume candles to look back per timeframe to get the previous session’s candle, I had to hard-code the math in this script.
That means that this indicator will only work on 1m, 3m, 5m, 15m, 30m, 45m, 1h, 2h, 3h, 4h, Daily and Weekly timeframes. If you try to use it on any other timeframe it will revert to a regular volume indicator.
Why Is It Useful?
Similar to volume profile by price, this gives you a volume profile by time in a way that the default volume indicator does not.
For example, you can use this to determine when a stock has a particularly strong opening drive, or when a currency pair has a weak fake-out leading up to the London open, or for general confirmation on trading signals with time-specific volume information to work with.
Colors
The purple line and the faint gray bar is the RVOL value.
The blue number is the percentage of the current volume bar relative to RVOL.
There are four different bar color settings:
Heatmap – Changes color to be brighter based on higher RVOL
Price – Changes color based on price action (like the default TradingView volume indicator)
Traffic – Changes color based on RVOL percentages (for fast visual cues)
Trigger – Changes color only when the specified alert conditions are met
Heatmap:
Traffic:
Trigger:
Price:
Heatmap:
Turns very bright green at 2.0 RVOL
Turns light green at 1.0 RVOL
Turns normal green at 0.75 RVOL
Turns medium green at 0.5 RVOL
Turns very dark green at 0.25 RVOL
Is gray otherwise.
Price:
Turns red if the price action candle closed bearish.
Turns green if the price action candle closed bullish.
Traffic:
Turns red if RVOL is between 1.0 and 1.5.
Turns orange if RVOL is between 1.5 and 2.0.
Turns dark green if RVOL is between 2.0 and 3.0.
Turns bright green if RVOL is above 3.0.
Is gray otherwise.
Trigger:
Turns teal if any of the given alert conditions in the user settings are met.
Alerts
Alerts are optional. You have to set them like any other indicator, by creating a new alert and selecting this indicator.
If you leave the "Alert At RVOL %" setting at 0, then alerts will only be triggered if the current candle exceeds the 1.0 (100%) RVOL level.
If you change the "Alert At RVOL %" setting then alerts will be triggered if the RVOL percentage (blue number) exceeds your given value. The blue number is a percentage of the average, so if it’s at 0.5, then it’s 50% of the average.
Notes
- This indicator only works with regular time bars. It will not work with range, tick, renko etc.
- This script has lookback limitations due to restrictions on how many historical bars PineScript can reference. The lookback limit varies based on the market type you choose. The more bars required for calculation the lower the lookback limit.
- If you use it on the Daily timeframe the lookback period will count as 1 week. If you use it on the Weekly timeframe the lookback period will count as 1 month. So a Lookback of 3 on the Daily would be 3 weeks of averages, a Lookback of 5 on the Weekly would be 5 months of averages (for that Day of Week or Week number).
- Big thanks to @tb12345 for the idea and for helping to field-testing the indicator!
DA - Time - Trading SessionsDigital Assassins - Time - Trading Sessions
Code adds vertical bars to chart to highlight different trading sessions.
Settings can be adjusted to line up sessions to your time zone.
08/04/2019 - Cryptooblong72
Big thanks to Chris Moody's "CM Time Based Vertical Lines"
Key Session Levels | Highs, Lows, OpensOverview
Designed for scalping and intraday trading on ES, NQ, and other futures markets that trade around the clock, this indicator automatically plots key support/resistance levels:
Session opens
Session highs
Session lows
Overnight highs
Overnight lows
Session Definitions (America/New_York Time)
Session (18:00 - 16:59 ET)
Tracks complete trading cycle
Plots: High, Low
Represents true daily extremes of each session
Overnight Session (18:00 - 9:30 ET)
Captures Asian and European session price action
Plots: Open, High, Low
These levels can act as support/resistance during the NY session
NY Session (9:30 - 16:59 ET)
Optional background highlight for regular trading hours
Helps visually distinguish active NY session from overnight action
Key Features
Flexible Extension Modes
Same Day: Lines end at session close
Next Day: Lines extend through the following session
Full Chart: Lines extend indefinitely to the right
Smart Line Management
Optional extension of overnight levels through NY session
Control how many historical sessions to display (1-250)
Automatic cleanup of old lines
Full Customization
Individual color control for each level
Line style options (solid, dotted, dashed)
Line width adjustment (1px-4px)
Show/hide any level independently
Common Use Cases
Support/Resistance
Breakout/Break & Retest
Strategy
Wait for price to reach a key level
Use Level 2 data to determine who's in control at the level (e.g. aggressive buyers vs. passive sellers) *this requires third-party software and a live data feed
Enter long/short WITH institutional players, identified via Level 2 data
Target areas/levels where the market may reverse
Best Timeframes
Works on any intraday timeframe, optimized for: 1m, 5m, 15m, 30m, 1H
Notes
All times are in America/New_York (Eastern Time)
Requires intraday timeframe to detect specific session times
Lines are semi-transparent by default for better chart visibility
Trading Sessions and Daily Opens by ModishThis Pine Script indicator overlays key forex trading sessions (Sydney, Tokyo, London, New York) on your chart using Kenyan time (EAT/UTC+3), with customizable translucent boxes, borders, and labels positioned neatly above each session for clear visualization. It also plots dotted vertical lines at daily opens (Monday-Friday) with abbreviated day labels for quick reference. Toggle sessions on/off, adjust colors, and ensure seamless integration with candlesticks for dynamic, real-time analysis. Ideal for session-based traders seeking precise timing and structure.
Europe & US Session Highlighter
Bitcoin trading volumes peak during the Europe-US session overlap (13:30–17:00 UTC), driven by institutional activity and market news. This indicator helps traders:
- Focus on high-liquidity periods for better trade execution.
- Avoid low-volume, high-volatility periods outside major sessions.
- Plan entries and exits during Bitcoin’s most active hours.
How to Use:
- Apply the indicator to any Bitcoin intraday chart (e.g., 1M, 5M, 15M).
- Look for blue (London), green (NY), or purple (overlap) backgrounds to identify active sessions.
mp.mood UTC Sessions boxes tg - picabloEN:
UTC Sessions — wick-bounded boxes. Draws compact transparent rectangles for Tokyo, London, New York, Sydney, and Frankfurt sessions in UTC. Each box spans the session time and auto-fits vertically to candle wicks (high/low) of the current timeframe. Labels appear in the top-left of each box. Colors, transparency, and sessions are configurable.
UK:
UTC Sessions — прямокутники за сесіями. Малює лаконічні прозорі квадрати для сесій Tokyo, London, New York, Sydney та Frankfurt у UTC. Кожен квадрат охоплює час сесії та автоматично підлаштовує вертикальні межі під тіні свічок (high/low) поточного таймфрейму. Підпис у верхньому лівому куті. Кольори, прозорість і набір сесій налаштовуються.
ORB + Session VWAP Pro (London & NY) — fixedORB + Session VWAP Pro (London & NY) — Listing copy (EN)
What it is
A clean, non-repainting intraday tool that fuses the classic Opening Range Breakout (ORB) with a session-anchored VWAP filter for London and New York. It highlights only the higher-quality breakouts (above/below session VWAP), adds an optional retest confirmation, and scores each signal with an intuitive Confidence metric (0–100).
Why it works
• ORB provides the day’s first actionable structure (range high/low).
• Session VWAP filters “cheap” breaks and favors flows aligned with session value.
• Optional retest reduces first-tick whipsaws.
• Confidence blends breakout depth (vs ATR), VWAP slope and band distance.
Key visuals
• LDN/NY OR High/Low (line break style) + optional OR boxes.
• Active Session VWAP (resets per signal window; falls back to daily VWAP outside).
• Optional VWAP bands (stdev or %).
• Session shading (London/NY windows).
• Signal markers (LDN BUY/SELL, NY BUY/SELL) fired with cooldown.
Signals
• London Long / Short: Break of LDN OR High/Low ± ATR buffer, aligned with VWAP side.
• NY Long / Short: Same logic during NY window.
• Retest (optional): Requires a tag back to the OR level ± tolerance before confirmation.
• Confidence: 0–100; gate via Min Confidence (default 55).
Inputs that matter
• Open Range Length (min): Default 15.
• London/NY times & timezones.
• ATR buffer & retest tolerance.
• Bands mode: Stdev (with lookback) or % (e.g., 1%).
• Signal cooldown: Avoids clutter on fast moves.
Non-repaint policy
• OR lines build within fixed time windows using the current bar’s timestamp.
• VWAP is cumulative within the session window; no lookahead.
• All ta.crossover/ta.crossunder are precomputed every bar (no conditional execution).
• Signals are based on live bar values, not future bars.
⸻
Quick start (examples)
1) EURUSD, London momentum
• Chart: 5m or 15m.
• OR: 15 min starting 08:00 Europe/London.
• Signals: Use defaults; keep ATR buffer = 0.2 and Retest = ON, Min Confidence ≥ 55.
• Play:
• BUY when price breaks LDN OR High + buffer and stays above VWAP; retest confirms.
• Trail behind VWAP or band #1; partials into band #2.
2) NAS100, New York breakout & run
• Chart: 5m.
• NY window: 09:30 America/New_York, OR = 15 min.
• Retest OFF on high momentum days; Min Confidence ≥ 60.
• Use band mode Stdev, bandLen=50, show ±1/±2.
• Momentum continuation: add on pullbacks that hold above VWAP after the breakout.
3) XAUUSD, London fake & VWAP fade
• Chart: 5m.
• Keep Retest ON; accept only shorts that break OR Low but retest fails back under VWAP.
• Confidence gate ≥ 50 to allow more mean-reversion setups.
⸻
Pro tips
• Adjust ATR buffer to the instrument: FX 0.15–0.25, indices 0.20–0.35, metals 0.20–0.30.
• Retest ON for choppy conditions; OFF for news momentum.
• Use VWAP bands: take partials at ±1; stretch targets at ±2/±3.
• Session timezones are explicit (London/New York). Ensure they match your instrument’s behavior.
• Pair with a higher-TF bias (e.g., 1H/4H trend) for directional filtering.
⸻
Alerts (ready to use)
• ORB+SVWAP — LDN Long, LDN Short, NY Long, NY Short
(Respect your cooldown; alerts fire only after confirmation and confidence gate.)
⸻
Known limits & notes
• Designed for intraday. On 1D+ charts, session windows compress.
• If your broker session differs from London/NY clocks on a holiday, adjust input times.
• Session-anchored VWAP uses the script’s signal window, not exchange sessions, by design.
ICT Killzones x FVGs @dancizyeaaICT Killzones x FVGs Indicator
Last update: 19-SEP-2025
Creator: dancizyeaa
This indicator targets key session highs and lows combined with Fair Value Gaps (FVGs) visualization on TradingView charts. It integrates multiple market sessions (Asia, London, New York), drawing killzones, session separators, and key price levels with user-configurable alerts and filtering. It supports dynamic timeframe limits, coloring by FVG size, moving averages, and labels.
The ICT Killzones x FVGs indicator highlights major session high and low price zones with added fair value gaps, assisting traders in identifying potential reversal or breakout areas. It automatically draws session lines, pivot points, and dynamically colors FVG rectangles by size. It includes options for timezone offsets, alert setups for pivot breaks, and versatile visual configuration for clear session segmentation and market structure awareness.
Detailed Function Descriptions
Session Time and Date Handling:
Manages time offsets and date components to correctly align session boundaries and day separators considering timezone differences, including a weekday naming system for chart labeling.
FVG Detection and Coloring:
Detects bullish and bearish Fair Value Gaps based on recent candles, calculates gap size, and colors gaps differently if they are small or normal size to highlight relevant market inefficiencies.
Killzone (Session High/Low Zone) Management:
Creates and updates boxes, lines, and labels representing important market session zones from Asia to New York, including the ability to extend or limit these objects across timeframes and manage range averages.
Pivot Points and Midpoint Labels:
Draws session-specific pivot highs/lows and optional midpoint lines with alert conditions when these levels are broken, allowing traders to track and be notified of key market moves.
Session Separators and Open Lines:
Draws vertical and horizontal lines marking daily, weekly, and monthly open prices and session start/end boundaries with customizable styling, enhancing chart structure clarity.
Moving Average Overlay:
Optionally plots a user-defined simple moving average line for trend analysis, with customizable length and color.
Alert System:
Provides user-configurable alerts on pivot breaks and other key events, ensuring timely trading signals.
User Inputs and Settings:
Extensive input options to customize timezone offset, session visibility, line styles, transparency, label sizes and positions, and filter parameters for FVGs for a tailored trading experience.
Trading Sessions [MTRX]This indicator highlights key market sessions (such as Tokyo, London, and New York) directly on your chart. It visually marks session ranges with customizable boxes and provides optional features like session names, open/close levels, tick range, and average price per session, helping traders quickly identify and compare price behavior across global trading hours.
Time Intervals [signBTC]This script is designed to visualize 6 auxiliary time intervals on the chart near the time axis. Each of these intervals can be configured by the user with the following options:
Interval duration: Any duration can be set (for example, 1 hour, 2 hours, 4 hours, etc.).
Interval color: Each time block can have its own color for better visual distinction.
Label: Users can add a custom label for each of the 6 intervals to indicate its purpose or highlight important features.
In the default configuration, the script automatically draws 6 equal four-hour intervals for each trading day, dividing each daily trading session into six parts—two for each of the three standard market sessions, or three per each of two major sessions (if considering only regular daytime and extended overnight trading).
This tool is particularly useful for traders who want to quickly navigate different time areas of the trading day, monitor individual parts of a session, or highlight specific time windows for strategy analysis. All script parameters (interval, color, and label for each block) are easily adjustable in the indicator's settings.
Asia Session Range @mrxautrades🗺️ Asia Session Range by @mrxautrades
🚨 This script is closed-source because it implements a custom logic for session range visualization, deviation projections, and adaptive display based on chart timeframe. No other public script offers this exact functionality.
✅ What does this script do?
This indicator highlights the Asian session range and calculates dynamic extensions during the New York session open. It's designed for traders who rely on price action around key market sessions.
🔧 Unique Features (compared to existing scripts):
Timeframe-aware visibility: The script includes conditional logic to show or hide elements based on the chart timeframe (e.g., only visible on 60-minute or lower charts).
Automatic deviation levels: Calculates and plots extensions above/below the Asian range based on its size, offering projected support/resistance levels in real time.
Adaptive labels: Labels adjust dynamically to chart styling, with options for background, color, and visibility control.
⚙️ Customizable Inputs:
Asian and New York session times
Box, line, and label colors
Number and spacing of deviation levels
Line extension duration (in hours)
Label style: plain text or with background
🧠 Best suited for:
Breakout strategies based on the Asian session range
Using prior session levels as support/resistance
Intraday traders in Forex, indices, or crypto markets
DM Support / Resistance (USA Session)This indicator is specifically designed for use on the 4-hour time frame and helps traders identify key support and resistance levels during the USA trading session (9:30 AM to 4:00 PM Eastern Time). The indicator calculates important price levels to assist in making well-informed entry and exit decisions, particularly for those focusing on swing trades or longer-term intraday strategies. It also includes a feature to skip setups when relevant fundamental news is scheduled, ensuring you avoid trading during periods of high volatility.
Key Features:
Support and Resistance Levels (S1 & R1):
The indicator calculates and displays Support 1 (S1) and Resistance 1 (R1) levels, which act as key barriers for price action and help traders spot potential reversal or breakout zones on the chart.
Pivot Point (PP):
The Pivot Point (PP) is calculated as the average of the previous period's high, low, and close. It serves as a central reference point for market direction, allowing traders to evaluate whether the market is in a bullish or bearish trend.
Market Bias:
The Bias is shown as a histogram that helps traders assess the strength of the market trend. A positive bias suggests bullish sentiment, while a negative bias signals bearish conditions. This can be used to confirm the overall trend direction.
4-Hour Time Frame:
The indicator is optimized for the 4-hour time frame, making it suitable for traders looking for swing trades or those who wish to capture longer-term trends within the USA session. The key support, resistance, and pivot levels are recalculated dynamically to reflect price action over 4-hour periods.
Dynamic Plotting and Alerts:
Support and resistance levels are drawn as dashed horizontal lines, updating in real-time to reflect the most current market data during the USA session. Alerts can be set for significant price movements crossing these levels.
Stop-Loss Strategy Based on 15-Minute Time Frame:
A unique feature of this indicator is its stop-loss strategy, which uses 15-minute time frame support and resistance levels. When a long or short entry is triggered on the 4-hour chart, traders should place their stop-loss according to the relevant 15-minute support or resistance level.
If the price closes above the 15-minute support for a long entry, or closes below the 15-minute resistance for a short entry, it signals the need to exit or adjust your position based on these levels.
Fundamental News Filter:
To avoid unnecessary risk, the indicator incorporates a fundamental news filter. If there is relevant news scheduled during the USA session, such as high-impact economic data or central bank announcements, the indicator will skip the setup for that period. This prevents traders from entering positions during times of elevated volatility caused by news events, which could result in unpredictable price movements.
How to Use:
Long Entry: When the Bias is positive and the price breaks above Support 1 (S1), this signals a potential bullish move. Consider entering a long position at this point.
Stop-Loss Strategy: Set your stop-loss at the respective 15-minute support level. If the price closes below this level, it could signal a reversal, prompting you to exit the trade.
Short Entry: When the Bias is negative and the price breaks below Resistance 1 (R1), this signals a potential bearish move. Enter a short position at this point.
Stop-Loss Strategy: Set your stop-loss at the respective 15-minute resistance level. If the price closes above this level, exit the short trade as it could indicate a bullish reversal.
Pivot Point (PP): The Pivot Point serves as a reference level to gauge potential price reversals. A move above the PP suggests a bullish bias, while trading below the PP suggests a bearish outlook.
Bias Histogram: The Bias Histogram helps confirm trend direction. A positive bias confirms long positions, while a negative bias reinforces short trades.
Avoid Trading During High-Impact News: If there is significant economic news or fundamental events scheduled during the USA session, the indicator will automatically skip any potential setup. This feature ensures you avoid entering trades that might be affected by unexpected news-driven volatility, keeping your trading strategy safer and more reliable.
Why Use This Indicator:
The 4-hour time frame is ideal for traders who prefer swing trading or those looking to capture longer-term trends in a structured manner. This indicator provides crucial insights into market direction, support/resistance levels, and potential entry/exit points.
The stop-loss management based on the 15-minute support and resistance levels helps traders protect their positions from sudden price reversals, ensuring more precise risk management.
The fundamental news filter is particularly useful for avoidance of high-risk periods. By skipping setups during high-impact news events, traders can avoid entering trades when price volatility could be unpredictable.
Overall, this indicator is a powerful tool for traders who want to make data-driven decisions based on technical analysis while ensuring that their positions are managed responsibly and avoiding news-driven risk.
matrixx Global Sessions + Good/Premium Spread ZonesSimple (enough) Script that allows you to visualize the major trading sessions, with some QoL stuff, Includes a "Monday Open" bar for reference when zooming out.
By default no one 'session' is turned on; instead, we have;
Good Zone - where spread tends to close up enough for (me) to trade in the 1-minute timezones
Premium Zone - where the tightest spreads tend to happen and I (you?) can get more aggressive with Stop Losses, and moment-to-moment trade accuracy.
The Monday Open - for reference.
You are able to go into the settings and turn these on and off at will, making any combination of 'zones' you prefer, and can colour code them, as well.
Points of Difference;
You can turn on and off any group or set of sessions for an overview;
Additionally, this is coded so that if there is a "Daylight Saving" or other localized timezone shift, it should be reflected correcty, as timezones are calculated based on each sessions' data, not arbitrarily with +/- as most of the other scripts that do similar to this one.
Monday Open
you can toggle sessions, or instead toggle the 'off hour' zones, at will
End-of-Session ProbabilityThis indicator estimates the probability that the market will finish the session above a specified target price. It blends a statistical probability model with directional bias and optional morning momentum weighting to help traders gauge end-of-day market expectations.
Key Features:
• Statistical Probability Model:
Uses a normal distribution (with a custom normal CDF approximation) scaled by the square-root-of-time rule. The indicator dynamically adjusts the standard deviation for the remaining session time to compute a z‑score and ultimately the probability that the session close exceeds the target.
• Directional Bias via Daily HullMA (Exponential):
A daily Hull Moving Average (calculated using an exponential method) is used as a big-picture trend indicator. The model allows you to select your bias method—either by comparing the current price to the daily HullMA (Price method) or by using the HullMA’s slope (Slope method). A drift multiplier scales this bias, which then shifts the mean used in the probability calculations.
• Optional Morning Momentum Weight:
For traders who believe that early session moves provide useful clues about the day’s momentum, you can enable an optional weighting. The indicator captures the percentage change from the morning open (within a user-defined time window) and adjusts the expected move accordingly. A multiplier lets you control the strength of this adjustment.
• Visual Outputs:
The indicator plots quantile lines (approximately the 25%, 50%, and 75% levels) for the expected price distribution at session end. An abbreviated on-chart label displays key information:
• Target: The target price (current price plus a user-defined offset)
• Prob Above: The probability (in percentage) that the session close will exceed the target price
• Time: The time remaining in the session (in minutes)
How to Use:
1. Set Your Parameters:
• Expected Session Move: Input your estimated standard deviation for the full-session move in price units.
• Daily Hull MA Settings: Adjust the period for the daily HullMA and choose the bias method (Price or Slope). Modify the drift multiplier to tune the strength of the directional bias.
• Target Offset: Specify an offset from the current price to set your target level.
• Morning Momentum (Optional): Enable the morning momentum weight if you want the indicator to adjust the expected move based on early session price changes. Define the morning session window and set the momentum multiplier.
2. Interpret the Output:
• Quantile Lines: These represent the range of possible end-of-session prices based on your model.
• Abbreviated Label: Provides a quick snapshot of the target price, probability of finishing above that target, and time remaining in the session.
3. Trading Application:
Use the probability output as a guide to assess if the market is likely to continue in the current direction or reverse by session close. The indicator can help you decide on trade entries, exits, or adjustments based on your overall strategy and risk management approach.
This tool is designed to offer a dynamic, statistically driven snapshot of the market’s expected end-of-day behavior, combining both longer-term trend bias and short-term momentum cues.
High & Low Of Custom Session - Breakout True Open [cognyto]This indicator is based on the High & Low Of Custom Session - OpeningRange Breakout (Expo) created by Zeiierman.
It adds new functionality and enhances existing settings, targeting ES, NQ, and YM:
Manages session defaults to 12:00 to 13:00
New true opening fully customizable (default 13:00)
Manages timeframe visualization (default 15m and below)
Manages session draw length until the end of the current session (default NY)
Manages previous sessions, allowing the to be hidden
Improves timezone selection (default NY)
Following the strategy called Paradox detailed by DayTradingRauf, it works with indices like ES, NQ, and YM.
The rules consider three possible profiles:
First
AM session as consolidation (08:00-12:00)
Lunch hour range as consolidation (less than 100 points)
PM session breaking either side of the session range
Second
AM session trending lower (08:00-12:00)
Lunch hour range as consolidation (less than 100 points)
PM session trending higher
Third
AM session trending higher (08:00-12:00)
Lunch hour range as consolidation (less than 100 points)
PM session trending lower
After the session ends, the opening price at 13:00 is automatically drawn as it is a key point for the entry strategy.
The strategy can be monitored using a 5-minute or 15-minute timeframe as follows:
- Wait for a liquidity hunt (either the high or low of the lunch session range or AM is taken).
- If liquidity is taken, switch to the 1-minute timeframe and wait for a CISD (change in the state of delivery), where the price closes below an OB, or consider a breaker block or iFVG to enter the trade.
- Bullish entries should happen below the opening price at 13:00, and bearish entries should happen above.
- Consider a 1:2 reward ratio. However, runners can target the opposite side of the range that was not yet taken.
This indicator is for informational purposes only and you should not rely on any information it provides as legal, tax, investment, financial or other advice. Nothing provided by this indicator constitutes a solicitation, recommendation, endorsement or offer by cognyto or any third party service provider to buy or sell any securities or other financial instruments in this or any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Kviateq - Session Opening RangesThis indicator plots the opening range for each of the market sessions.
Users can chose the length of the opening range, as well as change the time for each of the sessions.
This script is based on opening range breakout strategies, which entail taking a long/short depending on which way the price breaks out.
To trade it, we wait for the session opening range to print, and then we enter upon a candle close.
It's meant to be used on lower timeframes, ideally one hour or lower.
It can be used by itself, but it works even better in combination with other indicators, like moving averages.
Enjoy
PZ Session SplitterSplit any 24-hour session into 3 segments to determine range statistics and midpoints. Ideal for futures traders to analyze the overnight sessions (Asia and Europe). Also great for splitting the day session into different parts (initial balance, mid-day, closing power-hour). Customize colors and names of sessions along with 50% and 25% midpoints.
Seasonality - Session Performance - Morning Afternoon EveningUse this indicator on Intraday Timeframe. Higher the timeframe, more the data
This script calculates the performance of an instrument for different sessions.
Session inputs can be updated to study performance of
- Morning vs Afternoon vs Evening
- Pre-Market vs Market vs Post-Market (provided the data feed supports pre and post market)
- Overnight vs Intraday
Three session inputs are provided to tweak the session range
Performance is calculated as session close / session open - 1
Session timeframes can be set for various countries. Make sure the session timeframe aligns with the Candle open/close for the timeframe you choose. Some examples below
US Markets: 0930-1130 1130-1430 1430-1630 Timeframe 1 hour
India Markets: 0915-1030 1030-1415 1415-15:30 Timeframe 75min
Market Sessions Day & Candles JRA V2.0Market Sessions Day & Candles JRA V2.0
This indicator will allow you to:
- Create boxes for the Market Hours for:
'♯1 SESSION TOKYO'
'♯2 SESSION LONDON'
'♯3 SESSION NEW YORK'
You will be able to change the Hours depending your TimeFrame
You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it.
- With every one of it you can change the style of Box for the Market Hours
- You can show Labels for the Market hours as well other options like Price or Pips
- Show the Candles for the TimeFrames depending your settings
- You can change the Candles settings to be Candle or Bar
- Candle Resolution on Timeframe
-Maximum candles to Display
-Show or Unshown Timeframes Candles
-Change colors on candles
Every option has a Tip to understand the function to it
High & Low Of Custom SessionThis script boxes a custom session and sets the box at the high and low of the session and draws that box to the next session.
Box color is determined by price in relation to the box position. Box color is set at the start of the next session. This allows
user to lookback at multiple box sets to see how each day closed in relation to the session highlighted.
I have written this for backtesting purposes and intend to expand it to use with volume analysis and gradient color to change the box color based on how many times price tests
the box.
