Key Times & Opening Prices [Olitrades]This indicator plots key time's (opening prices) with the possibility of vertical separators. It was initially created to utilize on the indices futures market, utilizing ICT logic.
These opening prices are often utilized to determine if price is currently at a premium or a discounted value.
The default times include:
Daily Open (18:00 PM)
Midnight (00:00 AM)
Settlement (15:00 PM)
7:30 AM
8:30 AM
9:30 AM (Equities Open)
10:00 AM (Morning 4h Candle Open)
14:00 PM (Afternoon 4h Candle Open)
Along with up to three custom time slots.
All times used in the indicator are Eastern Standard time (New York local time) and will automatically adjust no matter your time zone.
Historical
When in historical mode, the indicator will keep the previous levels so you can easily visualize them and their relation to price.
You can also choose how many past levels you want to see. This allows you to back test only specific days/weeks.
Other Inputs
The indicator contains an adjustable offset, to modify how far the line extends depending on the current timeframe.
Each one of the above-mentioned levels can be turned on and off, including the custom times. You can also choose between plotting just the opening price, a vertical line separator, or both! All of these lines have adjustable styles (dotted, dashed or solid) and width.
They also have custom cut offs. You may choose specific cut off times for custom time slots (when to stop extending the lines), as well as for AM (before noon) default levels and PM (after noon) default levels.
The indicator also allows to show text labels next to these lines, which is set by default but can be turned off. Custom times also include custom text options.
ВРЕМЯ
Muti TimeFrame 1st Minute High and a LowThis Pine Script code is designed to plot the high, close, and low prices at exactly 9:31 AM on any timeframe chart. Here's a breakdown of what the script does:
Inputs
Define the start time of the trading day (default: 9:30 AM)
Define the end time of the trading day (default: 4:00 PM)
Toggle to display daily open and close lines (default: true)
Toggle to extend lines for daily open and close (default: false)
Calculations
- Determines if the current bar is the first bar of the trading day (9:30 AM)
- Retrieves the high, close, and low prices at 9:31 AM for the current timeframe
- Plots these prices as crosses on the chart
- Draws lines for the 4 pm close and 9:30 am open, as well as lines for the high and low of the first candle
- Calculates the start and end times for a rectangle box and draws the box on the chart if the start price high and low are set
Features
- Plots the high, close, and low prices at exactly 9:31 AM on any timeframe chart
- Displays daily open and close lines
- Extends lines for daily open and close (optional)
- Draws a rectangle box around the first candle of the day (optional)
Markets
- Designed for use on various markets, including stocks, futures, forex, and crypto
This script is useful for traders who want to visualize the prices at the start of the trading day and track the market's movement throughout the day.
Ultra SessionsThe "Ultra Sessions" indicator is designed to enhance your trading strategy by clearly marking key market sessions and their associated "kill zones" directly on your chart. This powerful tool supports multiple time zones and provides customizable alerts for session opens, closes, and critical kill zones, ensuring you never miss important market movements.
Customizable Time Zones: Align the indicator with your local time by selecting from a wide range of global time zones.
Market Session Tracking: Visually track the New York, London, and Tokyo trading sessions with distinct color-coded markers.
Kill Zones: Highlight the high-volatility periods within each session to focus on key trading opportunities.
Alert System: Receive real-time alerts for session openings, closings, and kill zones, so you stay informed without constantly monitoring the chart.
Flexible Positioning: Choose the positioning of session markers to fit your chart layout, whether at the top or bottom.
Ideal for traders who want to optimize their entry and exit points by focusing on the most active and volatile times in the market, the indicator is a must-have for any serious trading setup.
World Clock [VHX]Keeping track of local times across different time zones has always been a challenge, especially when working with global markets.
But worry no more, as we now have a solution tailored for this very need. With this indicator, you can effortlessly add two different time zones to your chart, making it easier than ever to stay on top of market activity. The indicator not only shows the current date and time for the selected time zones but also integrates seamlessly with your chart, ensuring that you’re always aligned with the right market timings, no matter where you or your trades are based.
Unfortunately, the clock won't function when the market is closed.
Opening Price LinesThis script allows the user to set 16 custom opening time price lines and labels, as well as 4 vertical lines to delineate times of the day.
Opening price is crucial for PO3 and OHLC/OLHC market strategies. If you are bearish, you want to get in above the opening price of a candle; conversely if you are bullish you want to enter below the opening price of a candle.
This indicator will aid in identifying time clusters in price as well as identifying important times for whatever strategy the user employs.
*Many thanks to TFO for the framework from which this indicator was created.*
Fibonacci Time PeriodsThe " Fibonacci Time Periods " indicator uses power exponents of the constant Phi based on your custom time period to generate Fibonacci sequence-based progression on a given chart. This tool can help to anticipate the timing of potential turning points by highlighting Fib time zones where significant price movements may occur.
It is different from other alternatives specifically for the ability to alter the rate of progression .
Most famous regular Fib sequence expands with 1.618^(n+1) rate which produces vast change just after few iterations.
Those ever-expanding big intervals don't allow us to cover the smaller details of the chart which we might find crucial. So, the idea was born to break down the constant Phi to a self-fraction using power exponents. In other words, reducing rate of progression to make the expansion more gradual without losing properties of Fibonacci proportions.
Default settings have a rate of 0.25 which is basically Phi^1/4
That means we expect 4x more lines than in regular sequence to cover missing bits owing to formula: 1.618^(0.25*(n+1))
(Line 0.618 is added to enhance visual orientation and perception of proportions)
How it works:
Exponential rate of progression
First, it works out the difference between your custom start (0) and end (1) period
The result is multiplied by 1.618^rate to get the step
Rest lines are created by iterations. For instance, with default rate of 0.25, the 1st generated line = start + (End-Start)*1.618^0.25* 1 , second line = start + (End-Start)*1.618^0.25* 2 , etc.
If we change the rate to 1 it will produce the regular fib sequence with 1.618^(n+1) rate
Fixed rate of progression:
In this mode, when rate is 0.25, it grows exactly with exponent step of 0.25 so first, second, third, etc generated lines also have the fixed exponent of 0.25. The distance between lines do not expand.
How to use:
Set the start and end dates
Choose the type of progression
Choose your desired rate of progression
Customize the colors to match your chart preferences.
Observe the generated Fibonacci time intervals and use them to identify potential market movements and reactions.
Time Vertical LineThis indicator is designed to plot vertical lines at specified hourly intervals on a trading chart. The indicator includes default settings to draw vertical lines at every hour of the day and provides users with the flexibility to customize up to six additional vertical lines at specified times.
Traders can use the vertical lines to segment the trading day, making it easier to analyze market movements within specific hours.
Customizable lines allow traders to mark important times such as market openings, closings, and economic news releases.
This indicator is a powerful tool for traders who need to keep track of specific times and events during the trading day, providing a clear and customizable visual representation of time on their charts.
The indicator allows you to easily customize the appearance of the 24 default vertical lines that mark each hour of the day. You can change the color by adjusting the Color input, modify the transparency using the Transparency input, and set the line width with the Line Width input.
Each of custom lines can have its own color, transparency, and line width, giving you full control over their appearance. By default, these custom vertical lines are turned off. To activate them, go to the "Style" tab in the settings menu of the indicator.
The time for each vertical line is based on the exchange's timezone. You can set the time for each of the 6 custom vertical lines using decimal notation. For example:
Input 9.1 to display a vertical line at 9:10.
Input 9.15 to display a vertical line at 9:15.
The indicator should only be displayed in time frames less than 15 minutes. Go to "Visibility" in settings for options.
Time Zone RouzzyTNYC , London & Asia section
Each time-zone has a different color to be able to distinguish which section we are in at the moment.
These sessions have been identified to operate the EURUSD, apart from that it also works with the DXY.
London is identified with the color light purple.
NYC is identified with the color turquoise blue.
Asia is identified with the color yellow.
The beginnings of each Day are identified with the color gray.
London is from 2am to 5am
NYC from 8am to 11am
Asia from 8pm to 11pm
OANDA:EURUSD
FX:EURUSD
TVC:DXY
Seasonality Widget [LuxAlgo]The Seasonality Widget tool allows users to easily visualize seasonal trends from various data sources.
Users can select different levels of granularity as well as different statistics to express seasonal trends.
🔶 USAGE
Seasonality allows us to observe general trends occurring at regular intervals. These intervals can be user-selected from the granularity setting and determine how the data is grouped, these include:
Hour
Day Of Week
Day Of Month
Month
Day Of Year
The above seasonal chart shows the BTCUSD seasonal price change for every hour of the day, that is the average price change taken for every specific hour. This allows us to obtain an estimate of the expected price move at specific hours of the day.
Users can select when data should start being collected using the "From Date" setting, any data before the selected date will not be included in the calculation of the Seasonality Widget.
🔹 Data To Analyze
The Seasonality Widget can return the seasonality for the following data:
Price Change
Closing price minus the previous closing price.
Price Change (%)
Closing price minus the previous closing price, divided by the
previous closing price, then multiplied by 100.
Price Change (Sign)
Sign of the price change (-1 for negative change, 1 for positive change), normalized in a range (0, 100). Values above 50 suggest more positive changes on average.
Range
High price minus low price.
Price - SMA
Price minus its simple moving average. Users can select the SMA period.
Volume
Amount of contracts traded. Allow users to see which periods are generally the most /least liquid.
Volume - SMA
Volume minus its simple moving average. Users can select the SMA period.
🔹 Filter
In addition to the "From Date" threshold users can exclude data from specific periods of time, potentially removing outliers in the final results.
The period type can be specified in the "Filter Granularity" setting. The exact time to exclude can then be specified in the "Numerical Filter Input" setting, multiple values are supported and should be comma separated.
For example, if we want to exclude the entire 2008 period we can simply select "Year" as filter granularity, then input 2008 in the "Numerical Filter Input" setting.
Do note that "Sunday" uses the value 1 as a day of the week.
🔶 DETAILS
🔹 Supported Statistics
Users can apply different statistics to the grouped data to process. These include:
Mean
Median
Max
Min
Max-Min Average
Using the median allows for obtaining a measure more robust to outliers and potentially more representative of the actual central tendency of the data.
Max and Min do not express a general tendency but allow obtaining information on the highest/lowest value of the analyzed data for specific periods.
🔶 SETTINGS
Granularity: Periods used to group data.
From Data: Starting point where data starts being collected
🔹 Data
Analyze: Specific data to be processed by the seasonality widget.
SMA Length: Period of the simple moving average used for "Price - SMA" and "Volume - SMA" options in "Analyze".
Statistic: Statistic applied to the grouped data.
🔹 Filter
Filter Granularity: Period type to exclude in the processed data.
Numerical Filter Input: Determines which of the selected hour/day of week/day of month/month/year to exclude depending on the selected Filter Granularity. Only numerical inputs can be provided. Multiple values are supported and must be comma-separated.
Session TimesDescription:
This indicator simply when enabled will draw dashed lines at each of the session openings. This is based on UTC+1 Time. There will be lines at 00:00 & 08:00 (Asian Session), lines at 08:00 & 13:00 (London Session) and finally lines at 13:00 & 00:00 (New York Session).
Potential Use:
There are many ways you could use this indicator to benefit your trading, but the best way I find is that it makes it clear where the previous highs and lows are of a session, which are potential areas you could trade off. Obviously, there are many other ways you can use this to help you.
How The Script Works:
The way the script works isn't too complicated as it is only a short script. Simply it firstly calculates what are the weekdays (Whenever it isn't Saturday or Sunday). Then from there simply finds the times which I mentioned above, and adds a vertical dashed line there.
Future Updates:
In the future I will mainly be looking to make the indicator more customisable. Firstly, I will look to make it so that the user can adjust the times that the lines are drawn at so it still works wherever you are in the world. I would also like to make it so the user can choose the colour of the lines. If you have any other additions you would like added to this, then feel free to message me.
Timeframe Marker - know when timeframes start/end
When you're on a lower timeframe, it's important to know which timeframes are starting/ending.
Timeframe Marker will display a bars that stack notifying you of your chosen timeframes.
For example, if you're on the one minute chart or another low timeframe, you'll be aware of the larger timeframes are about to begin or start.
It's always good to select the lowest timeframe first in ascending order so that the lowest bar is the lowest timeframe and bars that stack on top are larger timeframes.
The default timeframes are:
• 5 minutes (green)
• 15 minutes (yellow)
• 1 hour (orange)
• 4 hour (red)
• daily (blue)
• weekly (purple)
• monthly (gray)
If your chart's timeframe is higher than the timeframe marker you've selected, then it won't display a bar stack for that timeframe as it would normally display on every bar (this is to avoid clutter).
The future timeframe marks basically will offset to future timeframes. Set how many bars forward you'd like to see.
itradesize /\ Time Cycles x Zeussy supplementaryThis is a supplementary script to my previous itradesize /\ Time Cycles x Zeussy script. It should be displayed in a new pane.
This script will display the 30 and 90 AMD Time Cycles, along with the Asia, London, and New York AM & PM sessions in a new pane, based on the times taught by Zeussy.
You have the option to customize which cycles you would like to display, as well as the arrangement of the cycles based on the location of the pane (above or below the current chart).
The script can also be used for backtesting; just uncheck the 'Draw Today's Only' option.
Session timings are as follows:
Asia: 20:00 - 00:00
London: 02:30 - 07:00
NY AM: 07:00 - 11:30
NY PM: 11:30 - 16:00
London Cycles:
- 02:30 - 04:00
- 04:00 - 05:30
- 05:30 - 07:00
AM Cycles:
- 07:00 - 08:30
- 08:30 - 10:00
- 10:00 - 11:30
PM Cycles:
- 11:30 - 13:00
- 13:00 - 14:30
- 14:30 - 16:00
Time Bound Trading SessionsTime Bound Trading Sessions allows to add time bound conditions to your trading sessions given a date range , a time range and/or days of the week .
This indicator can be very handy if you want to control your trading sessions along those three time boundaries, applying them together and/or separately.
Feel free to reuse this code in your own strategy, and leverage the inSession condition as needed.
Features
+ It allows for date range start and/or end to be set.
+ It allows for session time range to be set.
+ It allows for days of the week to be set.
+ It applies chart background color if we are not within the given time bound session parameters.
+ It includes turn on/off functionality.
Settings
Date Range
+ {Start} checkbox: turns on/off start date
+ {Start} date/time
+ {End} checkbox: turns on/off end date
+ {End} date/time
Time Range
+ {Session} checkbox: turns on/off session time range
+ {Session} time range
Days
+ {M} checkbox: turns on/off Mondays
+ {T} checkbox: turns on/off Tuesdays
+ {W} checkbox: turns on/off Wednesdays
+ {T} checkbox: turns on/off Thursdays
+ {F} checkbox: turns on/off Fridays
+ {S} checkbox: turns on/off Saturdays
+ {S} checkbox: turns on/off Sundays
itradesize /\ Time Cycles x ZeussyI created this script based on Zeussy's & TOTK time cycle tweets.
The base 90-minute cycle starts at 2:30 AM NY time. For the best outcome, trade only during the New York AM & PM cycles. If you are a London trader, use mainly the Asian high and low instead of those 90-minute cycles as the algorithm mostly refers to them instead of the 90M cycles high or low.
In the current time cycle, we use the high and low of the previous cycle(s) to determine order flow.
During the current time cycle, IPDA refers to the previous cycle(s) as high or low. How the price reacts to these price levels is crucial for measuring order flow.
Every turning point in the market is timed and predetermined beforehand. The importance of timing can be seen by glancing at the history of the charts.
To measure order flow, we look for the following signs of reversal or continuation:
- If the price was bullish but does not find support at the previous cycle's high after breaking above it, it is the first warning sign that the order flow is potentially changing.
- If the price was bearish but does not find resistance at the previous cycle's low after breaking below it, it is the first warning sign that the order flow is potentially changing.
- If the price is bullish, then it should find support at the previous cycle's high after breaking above it.
- If the price is bearish, then it should find support at the previous cycle's low after breaking below it.
Each cycle has its Accumulation , Manipulation , and Distribution (AMD) characteristics within the larger sessions.
Even smaller cycles have these characteristics too. You can divide them further or add them up to get a more complex picture.
The indicator primarily shows the 90-minute cycles, but you can also view the multiples of 90-minute cycles to get a higher 270-minute picture. You can even divide them further into 30-minute cycles. (These 30-minute cycles can also be divided into 10-minute cycles.)
The AM sessions are from:
- 07:00 - 8:30
- 8:30 - 10:00
- 10:00 - 11:30
The PM sessions are from:
- 11:30 - 13:00
- 13:00 - 14:30
- 14:30 - 16:00
Regarding the features of the indicator, you can show the cycles as dividers or use boxes to highlight them.
The indicator also comes with a pivot high & low for the 90-minute cycles, which means the script automatically lengthens the high or low of the former 90-minute cycle until it's taken. If it has not been taken until the 90-minute cycle ends, it stops drawing.
Vertical line at 8 AMThis indicator plots a blue vertical line on the chart when it's 8 AM, providing a clear visual reference of this time point on the TradingView chart.
ICT Hydra MacrosThis indicator allows you to set a colored box at each time frame specified as Macro.
The purpose of this customizable color box is to be able to identify the start and end of the desired time frame, as well as the highest and lowest price during that time frame.
It also allows to place the schedule in numbers inside the box in order to quickly identify the painted time frame.
The indicator has up to 26 customizable boxes both in time frame and color. This allows to have different time frames that each Trader considers convenient for his strategy.
Settings:
General Settings:
Limit Days to Draw: Indicates the number of past days in which boxes will be drawn. Default value is 5 past days.
Timeframe Limit: Indicates the maximum time frame in which the boxes will be displayed. Default value is 5 minutes.
Timezone: Indicates the desired Timezone to calculate the schedules that will be configured later.
Macros Settings:
Show Macros Boxes: Enables or disables all boxes. It is enabled by default.
Display Text: Enables or disables all labels inside the boxes containing the time frame corresponding to the box. It is enabled by default.
Macros Transparency: Indicates the transparency percentage of the selected color for all boxes. By default it contains a value of 80% transparency.
Macro 1-26: Indicates the start time and end time, as well as the color of the individual box. Each Macro can be enabled or disabled individually. Note that the boxes of each Macro will be visible only if the "Show Macros Boxes" property is enabled. By default, there are specified certain Macros or time frames with a duration of 20 minutes, which are Manipulation or Expansion Macros that mentor Hydra has taught us based on the knowledge that ICT has provided for everyone.
The objective of this indicator is to provide a visual tool on the Macros or Time Frames in which the Trader can easily observe the desired schedule and which will automatically adjust according to the time and price on all 4 sides of the box.
Time Based Comparison Tool [TFO]The goal of this indicator is to show how multiple assets are trading relative to their Previous Highs and Lows. Many traders have probably seen charts resembling this that may plot how asset prices are trading as a percent change over time, or something similar.
The key difference with this indicator is that all prices are normalized to reflect how they are trading with respect to the previous range of a user-defined timeframe. Without the normalization process, we would simply be observing some percent change from a given point in time; but this does not provide enough information to describe where price is trading relative to our desired frame of reference.
For example, if the timeframe setting was chosen to be 1 day, the indicator would plot the Previous High (PH) and Previous Low (PL) of the current symbol on the daily timeframe, denoted here by the black lines and labels. Then, the adjusted price of all selected symbols would be shown to visualize how each one is moving with respect its own PH and PL, using the current symbol's PH and PL as reference points.
In the above chart, we can see that CL was trading below its PDL from about 10:00-11:00 am EST, then broke above and retested it at around 11:20 am EST, before trading higher. To verify that this comparison works as intended, we can check to see that CL did in fact retest its PDL at this time before trading higher. Note that we are using the close price for this evaluation.
Since limiting the output to close prices can leave out some vital information, we can change the Plot Type setting from "Close" to "High to Low," which will instead show the range of prices from high to low instead of just the close.
We can expand on this by detecting when PH's and PL's have been raided (traded through), by displaying the text PHR (Previous High Raid) or PLR (Previous Low Raid) next to the symbol's label on the right. In this case below, where we're using the 1 week timeframe, we can observe that NQ1! (purple) traded through the PL level and thus its label (right) is updated to indicate a PLR.
Similarly, YM1! traded through its PH level and was updated to indicate a PHR; and ES1! raided both levels, with its label reflecting just that.
Due to the native limitation of output series in a single pine script, alerts have been consolidated to "Any PHR" or "Any PLR," meaning these alerts would fire if any of the selected symbols raided a PH or PL, respectively. If one wanted to be alerted for just a specific symbol, this could be achieved by deselecting all symbols except that which is desired, then setting an alert and adjusting its title for easier user recognition.
LevelUp^ Trend Follower All-In-OneLevelUp is an all-in-one collection of the most popular trend following tools merged into one indicator. LevelUp automates many aspects of technical analysis to find and highlight chart patterns and signals based on the principles of William O'Neil, Stan Weinstein, Jesse Livermore and other well-known trend followers.
The 10-EMA, 21-EMA and 50-SMA are foundational in LevelUp. LevelUp uses the term moving average alignment to refer to patterns that meet your specific requirements as it relates to moving averages and their relationship to price and one another. For example, you can request the start of MA alignment begin when the low is > 21-EMA, the 21-EMA is > 50-SMA and the 50-SMA is trending up.
LevelUp includes indicators for intraday, daily and weekly timeframes.
Key Features:
Daily Timeframe:
▪ Configure moving average alignment and preferred price action.
▪ Custom RS Line:
▪ Symbol overlays showing new RS highs.
▪ Custom moving average with optional cloud.
▪ View 10-week SMA on daily chart.
▪ Set exit criteria based on moving averages and % below entry.
▪ Stats table to simplify calculating entry/exit points.
▪ Signals table to quickly view if stock is trending up.
▪ Power trend tools and analysis.
Daily & Weekly Timeframe:
▪ Flat base detection with custom configuration.
▪ Consolidation detection with custom configuration.
▪ Highlight lower lows and lower closes (pullbacks).
▪ Highlight 52-week highs.
Weekly Timeframe:
▪ Customizable tight closes.
▪ Customizable up weeks.
Intraday Timeframe:
▪ View daily 10-EMA, 21-EMA and 50-SMA.
▪ 1-day and 2-day AVWAP.
▪ 5-day moving average.
All Timeframes:
▪ Marked highs/lows with lines showing support/resistance.
▪ Custom moving averages.
Daily Chart Examples
The following charts show a range of examples on customization and features in LevelUp when viewing a daily chart.
Weekly Chart Examples
Weekly charts are helpful for identifying longer-term trends and patterns. Trend followers often limit the number of indicators and signals on a weekly timeframe, making for a cleaner chart with less noise.
Intraday Chart Examples
Daily 10-EMA, 21-EMA and 50-SMA on an intraday chart.
AVWAP and marked highs/lows.
RS Line ~ Relative Strength
The RS Line compares a stock's performance to the S&P 500 index. A rising RS Line means the stock is outperforming the overall market. Another important signal is when the RS Line reaches a new high before price. When this occurs, it indicates strong demand for the stock and may precede a significant price increase as buyers accumulate shares. Both signals are customizable within LevelUp providing multiple visual cues when the required conditions are met.
LevelUp also adds a few unique visuals as it relates to the typical RS Line. Included are options to show symbols on the RS line that represent RS Line new high and RS Line new high before price. This provides an at-a-glance view of the trend. Additionally, LevelUp allows for custom moving averages to be applied to the RS Line as well as an optional cloud to help identify support/resistance levels.
Power Trends
When a power trend is active, there is a stronger than usual uptrend underway. The concept of a power trend was created by Investor's Business Daily (IBD) based on extensive backtesting and historical analysis.
A power trend by definition uses a major index, such as the Nasdaq Composite (IXIC), as the data source for determining a power trend's state, either off or on. The LevelUp indicator builds upon this concept by allowing the current active chart symbol to be the data source for the power trend.
What Starts A Power Trend:
▪ Low is above the 21-day EMA for at least 10 days.
▪ 21-day EMA is above the 50-day SMA for at least five days.
▪ 50-day SMA is in an uptrend.
▪ Close up for the day.
What Ends A Power Trend:
▪ 21-day EMA crosses under 50-day SMA and the close is below prior day close.
▪ Close below the 50-day SMA and low is 10% below recent high.
Important Note: The power trend as created by IBD uses the daily 21-EMA and 50-SMA. Hence, the power trend is only shown when on the daily timeframe.
AVWAP - Anchored VWAP
The Anchored Volume Weighted Average Price (AVWAP) , created by Brian Shannon, is used to assess the average price at which an asset has traded since a specific time, event or milestone. This could be the beginning of a trading day, the release of important news, or any other event deemed significant. By anchoring the VWAP to a specific point in time, it helps market participants analyze how prices have evolved relative to that anchor.
If a stock is above a rising AVWAP, buyers are in control, while a declining AVWAP indicates sellers are in control. By analyzing AVWAP, traders can make informed decisions on timing entries, managing losses and profits, or deciding to stay on the sidelines during periods of market indecision.
Tight Weeks And Up Weeks
William O'Neil primarily focused on weekly charts. Two common patterns he looked for were tight weeks and up weeks.
Tight weeks occur when there are small variations in price from one week to the next. This indicates a lack of supply and accumulation by institutions. You can configure the minimum number of weeks and the maximum % change in price from week to week.
Up weeks are defined as multiple weeks where each close is higher than the previous week. This pattern is often a signal of institutional buying. At a minimum, O'Neil looked for three weeks of upward price action. You can configure the minimum number of up weeks required.
Flat Base
A flat based is relatively tight price action within a range. A flat base takes 5+ weeks (25+ days) to form. Although flat bases are often found after a more significant advance in price, this isn't always the case. With that in mind, LevelUp does not currently have requirements for a prior uptrend while scanning for flat bases.
In a flat base, price declines should be no more than 15% from intraday peak to trough. This is an important distinction, as with a consolidation (see below) the maximum depth is based on the high of first bar that started the base.
Default Requirements:
▪ Daily minimum length: 25 days.
▪ Weekly minimum length: 5 weeks.
▪ Depth maximum: 15% (daily or weekly).
Consolidation
A consolidation differs from a flat base in that the former can be much deeper and last longer. In addition, the fluctuations in price of a flat base are often tighter than a consolidation.
Unlike a flat base, the maximum depth is calculated from the high at the start of the consolidation. The minimum length and maximum depth can be customized for all flat base and consolidation patterns.
Default Requirements:
▪ Daily minimum length: 30 days.
▪ Weekly minimum length: 6 weeks.
▪ Depth maximum: 35% (daily or weekly).
Pullback In Price And Potential Bounce
A pullback occurs when the price declines after an initial advance. This is normal price action as prior support levels are tested. Pullbacks also act as a way to shakeout weak holders before the primary trend resumes.
With LevelUp you specify the type of pullback to track: lower lows, lower closes or both. You also set the minimum number of bars required. Different values can be set for daily and weekly charts. Once your requirements are met, LevelUp will highlight the bar after the pullback is complete. This is often a potential entry/add point.
52-Week Highs
A 52-week high refers to the highest closing price within the past 52 weeks. Trend followers often use the 52-week high as a signal to identify assets with upward momentum, considering it as an indication of a potential trend continuation. This approach assumes that assets that have reached a 52-week high are more likely to experience further price appreciation.
52-week highs can be shown on both weekly and daily charts. You can set the location where the 52-week high symbol is shown: above the bar, below the bar, at the top of the chart or at the bottom of the chart.
Marked Highs And Lows
Marked highs/lows, often referred to as pivot highs/lows, can be helpful to find areas of potential support and resistance. As defined by William O'Neil, on a daily chart, a marked high is the highest high going back nine bars and forward nine bars. The number of days forward/backward is referred to as the period. The same concept applies to finding marked lows.
One benefit of LevelUp marked highs/lows is that you can customize the high and low periods on all timeframes.
There is an additional option when viewing marked highs/lows to see where a breakout occurs. The highlight is shown if the current bar high is above the most recent pivot high.
Comparing Stock Performance
With two or more copies of LevelUp installed, you can configure different settings and compare and contrast how indicators and signals perform relative to one another.
This is a great way to come up with your own custom layout for each timeframe, tailored to your preferences and trading style.
Stats And The Signals Table
The stats and signal tables can be very helpful to see price information and patterns at a glance. For example, you can quickly determine potential stoploss placement based on the distance to/from a moving average. The signals tables show the status of several key trend indicators, including 52-week highs, RS Line new high and RS Line new high before price.
Managing Long Term Trends
Depending on your trading style, there are many ways to take advantage of long term trends. For example, the chart that follows show how an uptrend can be a profitable trade whether holding for the duration or taking shorter term trades along the way.
Index Kill Zones - SMC IndicatorsWhat are Index Kill Zones?
Index Kill Zones are specific Time Windows of opportunity during the Session for Indices that have the potential for the highest volatility and where looking for trading opportunities is ideal.
The Index Kill Zone Indicator is specifically designed for the SP500, NQ100, and DJ30, Markets. What differentiates this script from other Kill Zones scripts is that this script is based on NY Midnight as the basis for the start of the day.
This is not the usual below-average Index Kill Zone indicator because this indicator does not only show the 3 main Kill Zones or Sessions, but it also offers extra Kill Zones within each session that are called "AM Session", "PM Session", the "Launch Hour", the "Silver Bullet for the London, AM, and PM Sessions", and the "Last Hour" for the London, AM, and PM sessions.
Another key differentiator of this indicator's functionality is that it shows the highs and lows of each Kill zone allowing SMC traders to monitor Time-Based Liquidity above the highs and lows of each trading session.
By splitting each trading day into AM and PM Sessions, we can identify 3 types of potential daily profiles. These daily profiles could be used as conceptual templates as to what to expect from the price during a certain day. The 6 templates are the following:
1. Two Sessions Up: Where the price would go in one direction higher during both the AM and PM Sessions.
2. Two Sessions Down: Where the price would go in one direction lower during both the AM and PM Sessions.
3. AM Rally, then PM Decline: The price would go higher during the AM session and then lower during the PM Session.
4. AM Decline, then PM Rally: The price would go lower during the AM session and then higher during the PM Session.
5. Consolidation, AM Rally, then PM Decline: Where the price would consolidate most of the AM Session, then go higher into the last hour, and then reverse and go lower during the PM Session.
5. Consolidation, AM Decline, then PM Rally: Where the price would consolidate most of the AM Session, then go lower into the last hour, and then reverse and go higher during the PM Session.
Within each AM and PM Session, there is a "Silver Bullet" that acts as a time window of opportunity to get into a continuation trade in the direction of the prevailing trend.
Also, within each AM and PM Session, there is a "Last Hour" that acts as a time window of opportunity to get into a trade in the direction of the potential trend if the price has not moved yet, or as a reversal trade opportunity if the price has already ran previous short-term highs or lows.
Finally, we have also incorporated a Notification function to remind the trader of the start of the trading Kill Zones to not miss out on potential trade opportunities.
Key Functionalities
Universal Time Reference
Every day starts at 00:00 NY Midnight, irrespective of the trader's local time, Instead of the Standard GMT Midnight. This allows all Index Kill Zones to be in line with the New York start of the day at Midnight, as taught by ICT.
Weekend Highlighter
This feature highlights time from Sunday Market Open at 5 PM NY Time to 00:00 NY Midnight.
It's useful for identifying the non-trading or the low volatility periods when trading should be avoided.
Features Breakdown
Lookback Period
Defaulted to 60 trading days, aligning with “IPDA Data Ranges”, which is ideal for backtesting.
It's adjustable for trading, and it's recommended to keep it at 20 trading days to focus on the most recent data only.
24-hour Daily Intervals
The 24-hour intervals are not the same as the usual daily candle. Instead, the start of each trading day is anchored to the 00:00 NY Midnight.
Highlights "Days of the Week" labels, "Weekend" Trading Time, and the daily high-low ranges based on the start of trading day mark being at 00:00 NY Midnight.
London Kill Zones (Green)
The Full London Session starts from 02:00 NY Time to 05:00 NY Time.
London Silver Bullet starts from 03:00 NY Time to 04:00 NY Time.
London Last Hour starts from 04:00 NY Time to 05:00 NY Time.
Highlights the high and low of the London Kill Zone to Identify Time-Based Liquidity above and below the London Kill Zone Range.
AM Session Kill Zone (Blue)
The full AM Session Starts from 09:30 NY time to 12:00 NY Time.
AM Session Silver Bullet starts from 10:00 NY Time to 11:00 NY Time.
AM Session Last Hour starts from 11:00 NY Time to 12:00 NY Time.
Highlight the high and low of the AM Session to Identify Time-Based Liquidity above and below the AM Session Range.
Highlights the time when there is the highest volatility during the AM Session.
PM Session Kill Zone (Orange)
The full PM Session Starts from 13:00 NY time to 16:00 NY Time.
PM Session Silver Bullet starts from 14:00 NY Time to 15:00 NY Time.
PM Session Last Hour starts from 15:00 NY Time to 16:00 NY Time.
Highlight the high and low of the PM Session to Identify Time-Based Liquidity above and below the PM Session Range.
Highlights the time when there is the highest volatility during the PM Session.
Bonus Features
Daily & Weekly Open Price Levels
The Open Price levels draw a horizontal line from the start of the trading day at 00:00 NY midnight, and it extends it towards the end of the trading day.
This is useful for understanding where the price is relative to the daily candle.
When Bullish, the trader should look for setups at or below the daily or weekly open price.
When Bearish, the trader should look for setups at or above the daily or weekly open price.
Whether to choose the Daily or Weekly open price depends on the trader's trading style. If the trader is day trading or scaling, then it's more appropriate to choose the Daily Open Price.
However, Day Traders can also use the Weekly candle to align with the Weekly Candle's expected range direction.
On the other hand, if the trader is a Swing Trader and wants to capitalise on the weekly candle's trend, then it's more appropriate to choose the Weekly Open Price.
However, Swing Traders can also use the Daily Open Price when looking to take a trade to time better entries with a high risk-to-reward ratio.
Daily Open Price Level (in Green) and Weekly Open Price Level (in White)
Kill Zones Open Price Level
This is useful if the trader is an intra-session trader and wants to treat the sessions as the daily candle. In this case, the trader can use the Kill Zones Open Price levels based on the same logic of the Daily Open Price, where the trade would look for buy opportunities below the Session's open price and look for sell opportunities above the Session's Open Price Level.
Notifications
The trader can also receive alerts as a reminder at the start of the desired session to ensure that he or she does not miss the start of the trading session.
Forex Kill Zones - SMC IndicatorsWhat are Kill Zones?
Kill Zones are specific Time Windows of opportunity during the Session that have the potential for the highest volatility and where looking for trading opportunities is ideal.
The Forex Kill Zone Indicator is specifically designed for the Forex Market. What differentiates this script from other Kill Zones scripts is that this script is based on NY Midnight as the basis for the start of the day.
This is not the usual below-average Kill Zone indicator because this indicator does not only show the 3 main Kill Zones or Sessions, but it also offers extra Kill Zones that are called "Asian Range (AR)", "Central Bank Dealing Range (CBDR)", and "FLOUT".
Another key differentiator of this indicator's functionality is that it shows the highs and lows of each Kill zone allowing SMC traders to monitor Time-Based Liquidity above the highs and lows of each trading session.
Another added benefit of this indicator is the Standard Deviations features for the AR, CBDR, and FLOUT that we added. The Standard Deviations act as key levels where there is a high probability of price reacting when in confluence with 1H or higher key levels (PD Arrays). The Standard Deviations are not pivot levels but are ranges above and below the Kill Zones that rely on TIME and PRICE in their calculations.
Finally, we have also incorporated a Notification function to remind the trader of the start of the trading Kill Zones to not miss out on potential trade opportunities.
Key Functionalities
1) Universal Time Reference:
Every day starts at 00:00 NY Midnight, irrespective of the trader's local time, Instead of the Standard GMT Midnight. This allows all Kill Zones to be in line with the New York start of the day at Midnight, as thought by ICT.
Weekend Highlighter
This feature highlights time from Sunday Market Open at 5 PM NY Time to 00:00 NY Midnight.
It's useful for identifying the non-trading or the low volatility periods when trading should be avoided.
Features Breakdown
Lookback Period
Defaulted to 60 trading days, aligning with “IPDA Data Ranges”, which is ideal for backtesting.
Adjustable for trading, and it's recommended to keep it at 20 trading days to focus on most recent data only.
24-hour Daily Intervals
The 24-hour intervals are not the same as the usual daily candle. Instead, the start of each trading day is anchored to the 00:00 NY Midnight.
Highlights "Days of the Week" labels, "Weekend" Trading Time, and the daily high-low ranges based on the start of trading day mark being at 00:00 NY Midnight.
London Kill Zone (Green)
Starts from 01:00 NY Time to 05:00 NY Time.
London closes at 12:00 NY Time.
Highlight the high and low of the London Kill Zone to Identify Time-Based Liquidity above and below the London Kill Zone Range.
Marks the London Close Session to mark the end of London End of the trading day, where volatility drops.
Highlights the time when there is the highest volatility during the London Session Kill Zone.
New York Kill Zone (Blue)
Starts from 07:00 NY time to 10:00 NY Time.
Marks The CME Open at 08:30 (the opening of the Bond Market).
Highlight the high and low of the New York Kill Zone to Identify Time-Based Liquidity above and below the NY Kill Zone Range.
Highlights the time when there is the highest volatility during the New York Session.
The Central Bank Dealing Range or "CBDR" (Orange)
Starts From 14:00 NY Time to 20:00 NY Time.
Highlight the high and low of the CBDR Kill Zone to Identify Time-Based Liquidity above and below the CBDR Kill Zone Range.
Also, there is an added ability to add the CBDR Standard Deviations above and below the CBDR.
Can also extend the CBDR Standard Deviations key levels until the end of the next day's London Kill Zone.
What are the CBDR Standard Deviations?
The Standard Deviations are extensions of the CBDR above and below the CBDR original range. It takes the high and low of the range and adds the range above and below the original range by x times.
The CCBDR Standard Deviations are NOT pivot levels. They are used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The idea behind them is that if the price is Bearish, the price could rally to +1 CBDR Standard Deviation below dropping lower. As shown in the image below on Thursday, the two vertical lines before the start of Thursday mark the CBDR Kill Zone, then the price rallied to +1 CBDR SDv and then dropped.
Asian Range "AR" Kill Zone
Starts from 20:00 NY Time to 00:00 NY Time.
Highlight the high and low of the AR Kill Zone to Identify Time-Based Liquidity above and below the AR Kill Zone Range.
Also, there is an added ability to add the AR Standard Deviations above and below the AR.
This KillZone should be primarily used when CBDR exceeds 40 pips.
Similar to the CBDR, the AR Standard Deviations also can be used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The AR Standard Deviations can also be extended until the end of the next day's London Kill Zone.
FLOUT Range
It Combines AR and CBDR, spanning from 14:00 NY Time to 00:00 NY Time.
The FLOUT should only be used when both AR and CBDR have small ranges of less than 10 pips combined.
Highlight the high and low of the FLOUT Kill Zone to Identify Time-Based Liquidity above and below the FLOUT Kill Zone Range.
The FLOUT Standard Deviations also can be used as points of reference where we could expect the price to react when in confluence with higher timeframe reference points.
The Flout Standard Deviations can be extended until the end of the next day London Kill Zone.
Bonus Features
Daily & Weekly Open Price Levels
The Open Price levels draw a horizontal line from the start of the trading day at 00:00 NY midnight, and it extends it towards the end of the trading day.
This is useful for understanding where the price is relative to the daily candle.
When Bullish, the trader should look for setups at or below the daily or weekly open price.
When Bearish, the trader should look for setups at or above the daily or weekly open price.
Whether to choose the Daily or Weekly open price depends on the trader's trading style. If the trader is day trading or scaling, then it's more appropriate to choose the Daily Open Price.
However, Day Traders can also use the Weekly candle to align with the Weekly Candle's expected range direction.
On the other hand, if the trader is a Swing Trader and wants to capitalise on the weekly candle's trend, then it's more appropriate to choose the Weekly Open Price.
However, Swing Traders can also use the Daily Open Price when looking to take a trade to time better entries with a high risk-to-reward ratio.
Notifications
The trader can also receive alerts as a reminder at the start of the desired session to not miss out on the start of the trading session.
Period SeparatorA useful indicator designed to display vertical line separators at specified periods, for example every hour or every 4 hours.
To use this indicator, you must be in a timeframe lower than the specified timeframe on the indicator.
I haven't found any other scripts that allow for custom time frames so I created my own :)
Let me know if you have any suggestions.
Time Matrix TableICT stresses time and liquidity levels in his teachings. This table helps to easily locate these key Time-based price levels. You can use these levels to determine your directional bias and to help generate your narrative for where the market is going.
This indicator creates a table that gives you the price for the following liquidity levels:
PDO - Previous Day Open
PDH - Previous Day High
PDL - Previous Day Low
PDC - Previous Day Close
PDEQ - Equilibrium of the previous day's range. (Calculated by math.abs(((pdh-pdl)/2)+pdl))
PWH - Previous Week High
PWL - Previous Week Low
PDH2 - Two Days Back High
PDL2 - Two Days Back Low
PDH3 - Three Days Back High
PDL3 - Three Days Back Low
And gives you the opening price for the following times:
Daily Open - 6:00pm open for current session
1:30 AM
3:00 AM
4:00 AM
Midnight Open
6:00 AM
7:30 AM
8:30 AM
NY Open
10:00 AM
12:00 PM
NY PM - 1:30pm
2:00 PM
The levels are sorted descending in price in the table, with the background colored based on their relation to price. The prices are also plotted on the chart based on the range you specify in relation to the current price. These lines are also colored based on their relation to price.
This indicator does not give you anything but the price at a specific time, you must determine your own bias and narrative based on the levels that are given.
Back Week For BacktestIt is Backtest Calculator For Essential and Plus plan holders, the length of available intraday data is calculated as follows: from now to 6 weeks back multiplied by timeframe(in minutes), i.e. you can go 6 weeks back on the 1-minute chart, 12 weeks back on the 2-minute chart, 30 weeks back on the 5-minute chart, 90 weeks back on the 15-minute chart and so on. The higher timeframe is selected, the more intraday data is available.
This show creates a weekday label based on the data in the plans allowed by TradingView. This show creates a weekday label based on the data in the plans allowed by TradingView. How much data is available for Bar Replay? According to the article, we can replay 6 weeks backwards for a 1-minute chart. This indicator is a label that shows how far we can go back, consisting of multiplying each minute by 6 between 1 minute and 60 minutes.
1 minute => 6 week backtest
2 minutes => 12 week backtest
.....
15 minutes => 90 week backtest
...
59 minutes => 354 week backtest
