OPEN-SOURCE SCRIPT
AEST High-Low Marker
Overview
This TradingView indicator, AEST High-Low Marker, is designed to mark the highest and lowest price levels observed between 5:00 PM and 6:00 PM AEST and extend these levels visually on the chart only between 5:00 PM and 12:00 AM AEST.
Functionality
Time Conversion for AEST
Since TradingView operates in UTC, the script translates AEST (UTC+10 or UTC+11 during daylight savings) into UTC time.
The script starts tracking from 5:00 PM AEST (7 AM UTC) to 6:00 PM AEST (8 AM UTC).
The high and low lines will be displayed only between 5:00 PM and 12:00 AM AEST (7 AM to 2 PM UTC).
Real-Time High & Low Calculation
The indicator dynamically updates the session high and low as new candles form during the 5 PM - 6 PM AEST period.
It captures the maximum high and minimum low during this timeframe.
Line Display Restrictions
The session high and low lines will only be drawn between 5:00 PM and 12:00 AM AEST to prevent chart clutter.
The lines disappear after 12:00 AM AEST.
Visual Representation
Blue Line: Marks the session high recorded between 5 PM - 6 PM AEST.
Red Line: Marks the session low recorded between 5 PM - 6 PM AEST.
Both lines extend until 12 AM AEST and then disappear.
Use Case
This indicator is useful for traders looking to track key price levels formed between 5 PM and 6 PM AEST and observe how price interacts with these levels until midnight.
It is particularly beneficial for intraday and short-term trading strategies, allowing users to identify potential support and resistance zones based on early evening price action.
This TradingView indicator, AEST High-Low Marker, is designed to mark the highest and lowest price levels observed between 5:00 PM and 6:00 PM AEST and extend these levels visually on the chart only between 5:00 PM and 12:00 AM AEST.
Functionality
Time Conversion for AEST
Since TradingView operates in UTC, the script translates AEST (UTC+10 or UTC+11 during daylight savings) into UTC time.
The script starts tracking from 5:00 PM AEST (7 AM UTC) to 6:00 PM AEST (8 AM UTC).
The high and low lines will be displayed only between 5:00 PM and 12:00 AM AEST (7 AM to 2 PM UTC).
Real-Time High & Low Calculation
The indicator dynamically updates the session high and low as new candles form during the 5 PM - 6 PM AEST period.
It captures the maximum high and minimum low during this timeframe.
Line Display Restrictions
The session high and low lines will only be drawn between 5:00 PM and 12:00 AM AEST to prevent chart clutter.
The lines disappear after 12:00 AM AEST.
Visual Representation
Blue Line: Marks the session high recorded between 5 PM - 6 PM AEST.
Red Line: Marks the session low recorded between 5 PM - 6 PM AEST.
Both lines extend until 12 AM AEST and then disappear.
Use Case
This indicator is useful for traders looking to track key price levels formed between 5 PM and 6 PM AEST and observe how price interacts with these levels until midnight.
It is particularly beneficial for intraday and short-term trading strategies, allowing users to identify potential support and resistance zones based on early evening price action.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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 sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.