PSP Zones With Clean Multi-Inversion + Time Filter

17 jam lalu

The PSP Zones With Clean Multi-Inversion + Time Filter indicator identifies Precision Swing Points between two correlated assets, highlighting when they diverge in direction and forming dynamic price zones. Neutral PSP zones are plotted first, then flip bullish or bearish as price breaks beyond zone boundaries, with clean handling of multiple inversions to avoid overlapping signals. An optional ATR filter ensures only higher-conviction setups are shown, while the time filter allows users to limit detection to a specific testing or trading window. With customizable colors, extended projections into the future, and automatic cleanup of old zones, this tool provides a clear and adaptive framework for studying inter-market divergences, structural flips, and correlated price action.

16 jam lalu

Nota Keluaran

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This script creates a Custom Session Range Deviations indicator that automatically marks high/low anchors from a defined intraday session and then projects Fibonacci-style deviation levels into the future. Specifically, the script defines a session window from 8:47 AM to 10:13 AM (New York time), recording the high and low during that period. Once the session ends, it locks in those anchor prices, calculates the session range, and draws horizontal projection lines above and below the anchor low at multiples such as 0.618, 1.272, 2, 3.618, and so on. This produces a framework for analyzing how far price extends relative to the morning range. Blue lines highlight the anchor low (0) and anchor high (1), while all deviation levels are shown in gray. Old session levels are automatically cleared at the start of each new session, keeping the chart clean. This tool is especially useful for studying intraday range expansion, deviation-based targets, and price symmetry beyond the initial session move.