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Ryze Zones
"Ryze Zones" is an innovative indicator designed to help traders capture and visualize key market zones, called "Ryze Zones," based on the unique high and low of each session's sunrise 1-minute candle. These zones are color-coded into three distinct regions—Red, Blue, and Yellow—allowing traders to quickly identify potential support, resistance, and consolidation areas throughout the trading session.
Key Features:
Automatic Zone Drawing: The indicator automatically identifies the session’s sunrise 1-minute candle and instantly draws the corresponding Ryze Zones, extending them across the chart to provide clear visual guidance throughout the trading day.
Session-Based Zones: Ryze Zones are created from the high and low of the 1-minute candle at session sunrise, forming key zones that extend throughout the trading day.
Customizable Color-Coding: Each zone can be visually distinguished with customizable colors (default: Red, Blue, Yellow) for easy reference and improved focus.
Historical Zone Persistence: Previous days’ zones stay on the chart for added context and are automatically removed after 1 month, keeping the chart clean and relevant.
Ideal for day traders and swing traders alike, Ryze Zones v1.5 provides a clear and structured view of key price zones without any manual input, helping users enhance their trading insights and strategies.
How to Use:
- Zones only properly chart on the 1m timeframe, make sure to manually draw out zones if you plan on switching timeframes in your analysis
1. Click the settings button on the indicator after adding it to your chart
2. Adjust the month and day of month options to generate the Ryze Zones for the given day
3. Thats it. Zones from previous days work for up to a month from when they were created. Do some backtesting!
Entry Criteria:
- Sweep of DOL or POI (optional)
- Test of Ryze Zone
- 1m iFVG
- Hold to swing H/L or nearest Ryze Zone
New Additions:
- Dallas Zone/Level
- Rio Zone/Level
- Iceland Zone/Level
DM @bonkanomics on IG with any questions, comments, or suggestions!
Key Features:
Automatic Zone Drawing: The indicator automatically identifies the session’s sunrise 1-minute candle and instantly draws the corresponding Ryze Zones, extending them across the chart to provide clear visual guidance throughout the trading day.
Session-Based Zones: Ryze Zones are created from the high and low of the 1-minute candle at session sunrise, forming key zones that extend throughout the trading day.
Customizable Color-Coding: Each zone can be visually distinguished with customizable colors (default: Red, Blue, Yellow) for easy reference and improved focus.
Historical Zone Persistence: Previous days’ zones stay on the chart for added context and are automatically removed after 1 month, keeping the chart clean and relevant.
Ideal for day traders and swing traders alike, Ryze Zones v1.5 provides a clear and structured view of key price zones without any manual input, helping users enhance their trading insights and strategies.
How to Use:
- Zones only properly chart on the 1m timeframe, make sure to manually draw out zones if you plan on switching timeframes in your analysis
1. Click the settings button on the indicator after adding it to your chart
2. Adjust the month and day of month options to generate the Ryze Zones for the given day
3. Thats it. Zones from previous days work for up to a month from when they were created. Do some backtesting!
Entry Criteria:
- Sweep of DOL or POI (optional)
- Test of Ryze Zone
- 1m iFVG
- Hold to swing H/L or nearest Ryze Zone
New Additions:
- Dallas Zone/Level
- Rio Zone/Level
- Iceland Zone/Level
DM @bonkanomics on IG with any questions, comments, or suggestions!
Skrip sumber terbuka
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Penafian
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