PROTECTED SOURCE SCRIPT
London & NY Boxes
LONDON & NY BOXES
This indicator automatically identifies and marks the high and low zones of the London and New York opening 30-minute candles.
It helps traders visualize intraday liquidity and volatility areas that often act as key support/resistance zones.
HOW IT WORKS
The script is designed specifically for the 30-minute timeframe.
If applied on any other chart interval, it will show a warning and stop execution.
The regions with the highest volume during the New York and London sessions are estimated. In general, the opening hours of these sessions are when the trading volume is at its peak. The indicator is designed to visualize this period.
The calculated regions are displayed using two boxes. New York box and London box.
The high and low of these sessions are stored and visualized as colored boxes on the chart.
The boxes are redrawn daily at a user defined time between 19:00 and 23:30 (UTC+3).
This allows traders to refresh their intraday zones consistently with their preferred timing.
Each session’s box width and style are adjustable:
Orange box → New York session
Purple box → London session
Key Features
Automatically draws and updates both session boxes daily.
Adjustable redraw time for better synchronization with your workflow.
Visually clear, lightweight, and optimized for intraday strategies.
USAGE
Add the indicator on a 30-minute chart.
Select your preferred redraw time under “Draw Time Settings.”
Use the colored session boxes to analyze where price tends to react, consolidate, or reverse around London and New York overlaps.
This indicator automatically identifies and marks the high and low zones of the London and New York opening 30-minute candles.
It helps traders visualize intraday liquidity and volatility areas that often act as key support/resistance zones.
HOW IT WORKS
The script is designed specifically for the 30-minute timeframe.
If applied on any other chart interval, it will show a warning and stop execution.
The regions with the highest volume during the New York and London sessions are estimated. In general, the opening hours of these sessions are when the trading volume is at its peak. The indicator is designed to visualize this period.
The calculated regions are displayed using two boxes. New York box and London box.
The high and low of these sessions are stored and visualized as colored boxes on the chart.
The boxes are redrawn daily at a user defined time between 19:00 and 23:30 (UTC+3).
This allows traders to refresh their intraday zones consistently with their preferred timing.
Each session’s box width and style are adjustable:
Orange box → New York session
Purple box → London session
Key Features
Automatically draws and updates both session boxes daily.
Adjustable redraw time for better synchronization with your workflow.
Visually clear, lightweight, and optimized for intraday strategies.
USAGE
Add the indicator on a 30-minute chart.
Select your preferred redraw time under “Draw Time Settings.”
Use the colored session boxes to analyze where price tends to react, consolidate, or reverse around London and New York overlaps.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.