PROTECTED SOURCE SCRIPT
First X Hours – Daily & Weekly (Auto-DST, Midlines & Labels)
Description
This indicator automatically plots the High, Low, and optional Midline of the first X trading hours for both the Daily and Weekly sessions. It is designed for traders who want to quickly identify early-session ranges and key levels that often act as intraday or intraweek support/resistance zones.
✅ Features:
Works for both Daily and Weekly sessions (enable/disable individually).
Fully configurable: choose how many hours to include (e.g., 8 hours).
Adjustable start time (hour) and automatic DST handling using named timezones (e.g., Europe/London, New York, Sydney).
Customizable line colours, thickness, and styles.
Optional midline (average of high & low) for range balance levels.
Optional labels with price tags for clear visibility.
Lines can be extended to the right for forward-projection.
🔎 Use cases:
Identify early-session ranges that may define the trading day or week.
Track breakouts above/below first-X-hours ranges.
Highlight key liquidity levels where price often reacts.
Combine with your strategy for confirmation of reversals or continuations.
⚠️ Note:
Indicator does not provide trading signals.
Best used on intraday timeframes (e.g., 5m–1h) for daily ranges, and H1–H4 for weekly ranges.
This indicator automatically plots the High, Low, and optional Midline of the first X trading hours for both the Daily and Weekly sessions. It is designed for traders who want to quickly identify early-session ranges and key levels that often act as intraday or intraweek support/resistance zones.
✅ Features:
Works for both Daily and Weekly sessions (enable/disable individually).
Fully configurable: choose how many hours to include (e.g., 8 hours).
Adjustable start time (hour) and automatic DST handling using named timezones (e.g., Europe/London, New York, Sydney).
Customizable line colours, thickness, and styles.
Optional midline (average of high & low) for range balance levels.
Optional labels with price tags for clear visibility.
Lines can be extended to the right for forward-projection.
🔎 Use cases:
Identify early-session ranges that may define the trading day or week.
Track breakouts above/below first-X-hours ranges.
Highlight key liquidity levels where price often reacts.
Combine with your strategy for confirmation of reversals or continuations.
⚠️ Note:
Indicator does not provide trading signals.
Best used on intraday timeframes (e.g., 5m–1h) for daily ranges, and H1–H4 for weekly ranges.
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.