Key Prices & Levels

14 Nov

This indicator is designed to visualize key price levels & areas for NY trading sessions based on the price action from previous day, pre-market activity and key areas from NY session itself. The purpose is to unify all key levels into a single indicator, while allowing a user to control which levels they want to visualize and how.

The indicator identifies the following:

1. Asia Range High/Lows, along with ability to visualize with a box
   
2. London Range High/Lows, along with ability to visualize with a box
   
3. Previous Day PM Session High/Lows
   
4. Current Day Lunch Session High/Lows, starts appearing after 12pm EST once the lunch session starts
   
5. New York Open (8:30am EST) price
   
6. 9:53 Open (root candle) price
   
7. New York Midnight (12:00am EST) price
   
8. Previous Day High/Lows
   
9. First 1m FVG after NY Session Start (after 9:30am), with the ability to configure minimum FVG size.
   
10. Opening Range Gap, showing regular market hours close price (previous day 16:15pm EST close), new session open price (9:30am EST open) and optionally the mid-point between the two
    
11. Asia Range 50% along with 2, 2.5, 4 and 4.5 deviations of the Asia range in both directions
    

Configurability:

• Each price level can be turned off
  
• Styles in terms of line type, color
  
• Ability to turn on/off labels for price levels and highlighting of prices on price scale
  
• Ability to control label text for price levels
  

How is it different:
Identifies novel concepts such as 9:53 open, root candle that can be used as a bounce/resistance area during AM/PM sessions as well as confirmation of direction once closed over/under to indicate price's willingness to continue moving in the same direction.

It also shows 1st 1m FVG after New York Session open, that can be used to determine direction of the price action depending on PA's reaction to that area. While both 9:53 and 1m FVG are 1m based markers, these levels are visualized by the indicator on all timeframes from 15s to 1h.

Additionally the indicator is able to both highlight key prices in the price scale pane as well as combine labels to minimize clutter when multiple levels have the same price.

Lastly for in-session ranges such as Lunch High/Low the indicator updates the range in real-time as opposed to waiting for the lunch session to be over.

6 Dis

Nota Keluaran

Added the ability to show 9:30 30s candle deviations

7 Dis

Nota Keluaran

Allow 9:30 open deviations to work on time-frames up-to 5m
Unify code for obtaining prices on different time-frames

10 Dis

Nota Keluaran

Fixed a bug with version conflicts