Midnight Lines for Tokyo, London, New Yorkممتاز 👌 إليك **تعريفًا محدثًا وكاملًا للمؤشر باللغتين العربية والإنجليزية**، مع إدراج توضيح دقيق لتعامل المؤشر مع **تغيّر التوقيت الصيفي والشتوي (DST)** في لندن ونيويورك:
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## 🇬🇧 **English Description (with DST behavior)**
**Indicator name:** *Midnight Lines for Tokyo, London, and New York*
**Purpose:**
This indicator automatically draws **vertical lines** on the chart at **midnight (00:00)** for the three major global trading sessions:
* **Tokyo**
* **London**
* **New York**
### 🔹 How it works:
1. The script checks each candle’s time using the built-in TradingView time zone function:
* `"Asia/Tokyo"`
* `"Europe/London"`
* `"America/New_York"`
2. When it detects **00:00** in any of these zones, it draws:
* A **vertical dotted line** that extends from the top to the bottom of the chart.
* A **label** at the top with the session name (e.g., “Tokyo Midnight”).
3. Each session has its own color for clarity:
* **Blue** → Tokyo Midnight
* **Green** → London Midnight
* **Red** → New York Midnight
### 🕒 Automatic Daylight Saving Time (DST) Adjustment:
The indicator automatically adapts to **Daylight Saving Time changes** in both **London** and **New York**:
* When London switches between **GMT and GMT+1**, the midnight line shifts automatically to remain accurate.
* When New York switches between **EST and EDT**, the script also updates accordingly.
* Tokyo does **not** observe DST, so its timing stays constant year-round.
### 🎯 Purpose:
Helps traders visually track the start of each new trading day in the major sessions and analyze:
* Session overlaps (e.g., London–New York overlap)
* Session-based trading strategies
* Price movement behavior at each new day open
---
## 🇸🇦 **الوصف بالعربية (مع إدراج تغير التوقيت)**
**اسم المؤشر:** خطوط منتصف الليل لجلسات طوكيو، لندن، ونيويورك
**الهدف:**
يقوم هذا المؤشر تلقائيًا برسم **خطوط عمودية** على الرسم البياني عند **منتصف الليل (00:00)** لكل من الجلسات الثلاث الرئيسية:
* **جلسة طوكيو**
* **جلسة لندن**
* **جلسة نيويورك**
### 🔹 كيفية العمل:
1. يستخدم المؤشر دوال TradingView لحساب الوقت الفعلي لكل مدينة:
* `"Asia/Tokyo"` لطوكيو
* `"Europe/London"` للندن
* `"America/New_York"` لنيويورك
2. عند وصول الساعة إلى **00:00** بتوقيت أي مدينة، يرسم المؤشر:
* **خطًا عموديًا متقطعًا** يمتد من أعلى إلى أسفل الرسم البياني.
* **تسمية (Label)** أعلى الخط باسم الجلسة (مثل “Tokyo Midnight”).
3. كل جلسة لها لون مختلف:
* **أزرق** → منتصف طوكيو
* **أخضر** → منتصف لندن
* **أحمر** → منتصف نيويورك
### 🕒 التعامل مع تغيّر التوقيت الصيفي والشتوي (DST):
يتكيّف المؤشر تلقائيًا مع تغيّر التوقيت في لندن ونيويورك:
* عندما تنتقل لندن بين **التوقيت الشتوي (GMT)** و**التوقيت الصيفي (GMT+1)**، يتحرك الخط تلقائيًا ليبقى في الساعة 00:00 المحلية.
* وعندما تنتقل نيويورك بين **EST** و**EDT**، يتم تعديل الخط كذلك تلقائيًا.
* أما طوكيو فلا تعتمد التوقيت الصيفي، لذا يبقى وقتها ثابتًا دائمًا على الساعة **00:00 JST**.
### 🎯 الفائدة:
يساعد المتداولين على تحديد **بداية كل جلسة تداول رئيسية**، ومراقبة:
* **تداخل الجلسات** مثل لندن ونيويورك
* **تحركات السعر عند بداية اليوم الجديد**
* **استراتيجيات التداول الزمنية حسب الجلسة**
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Cari dalam skrip untuk "session"
EvoTrend-X Indicator — Evolutionary Trend Learner ExperimentalEvoTrend-X Indicator — Evolutionary Trend Learner
NOTE: This is an experimental Pine Script v6 port of a Python prototype. Pine wasn’t the original research language, so there may be small quirks—your feedback and bug reports are very welcome. The model is non-repainting, MTF-safe (lookahead_off + gaps_on), and features an adaptive (fitness-based) candidate selector, confidence gating, and a volatility filter.
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What it is
EvoTrend-X is adaptive trend indicator that learns which moving-average length best fits the current market. It maintains a small “population” of fast EMA candidates, rewards those that align with price momentum, and continuously selects the best performer. Signals are gated by a multi-factor Confidence score (fitness, strength vs. ATR, MTF agreement) and a volatility filter (ATR%). You get a clean Fast/Slow pair (for the currently best candidate), optional HTF filter, a fitness ribbon for transparency, and a themed info panel with a one-glance STATUS readout.
Core outputs
• Selected Fast/Slow EMAs (auto-chosen from candidates via fitness learning)
• Spread cross (Fast – Slow) → visual BUY/SELL markers + alert hooks
• Confidence % (0–100): Fitness ⊕ Distance vs. ATR ⊕ MTF agreement
• Gates: Trend regime (Kaufman ER), Volatility (ATR%), MTF filter (optional)
• Candidate Fitness Ribbon: shows which lengths the learner currently prefers
• Export plot: hidden series “EvoTrend-X Export (spread)” for downstream use
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Why it’s different
• Evolutionary learning (on-chart): Each candidate EMA length gets rewarded if its slope matches price change and penalized otherwise, with a gentle decay so the model forgets stale regimes. The best fitness wins the right to define the displayed Fast/Slow pair.
• Confidence gate: Signals don’t light up unless multiple conditions concur: learned fitness, spread strength vs. volatility, and (optionally) higher-timeframe trend.
• Volatility awareness: ATR% filter blocks low-energy environments that cause death-by-a-thousand-whipsaws. Your “why no signal?” answer is always visible in the STATUS.
• Preset discipline, Custom freedom: Presets set reasonable baselines for FX, equities, and crypto; Custom exposes all knobs and honors your inputs one-to-one.
• Non-repainting rigor: All MTF calls use lookahead_off + gaps_on. Decisions use confirmed bars. No forward refs. No conditional ta.* pitfalls.
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Presets (and what they do)
• FX 1H (Conservative): Medium candidates, slightly higher MinConf, modest ATR% floor. Good for macro sessions and cleaner swings.
• FX 15m (Active): Shorter candidates, looser MinConf, higher ATR% floor. Designed for intraday velocity and decisive sessions.
• Equities 1D: Longer candidates, gentler volatility floor. Suits index/large-cap trend waves.
• Crypto 1H: Mid-short candidates, higher ATR% floor for 24/7 chop, stronger MinConf to avoid noise.
• Custom: Your inputs are used directly (no override). Ideal for systematic tuning or bespoke assets.
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How the learning works (at a glance)
1. Candidates: A small set of fast EMA lengths (e.g., 8/12/16/20/26/34). Slow = Fast × multiplier (default ×2.0).
2. Reward/decay: If price change and the candidate’s Fast slope agree (both up or both down), its fitness increases; otherwise decreases. A decay constant slowly forgets the distant past.
3. Selection: The candidate with highest fitness defines the displayed Fast/Slow pair.
4. Signal engine: Crosses of the spread (Fast − Slow) across zero mark potential regime shifts. A Confidence score and gates decide whether to surface them.
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Controls & what they mean
Learning / Regime
• Slow length = Fast ×: scales the Slow EMA relative to each Fast candidate. Larger multiplier = smoother regime detection, fewer whipsaws.
• ER length / threshold: Kaufman Efficiency Ratio; above threshold = “Trending” background.
• Learning step, Decay: Larger step reacts faster to new behavior; decay sets how quickly the past is forgotten.
Confidence / Volatility gate
• Min Confidence (%): Minimum score to show signals (and fire alerts). Raising it filters noise; lowering it increases frequency.
• ATR length: The ATR window for both the ATR% filter and strength normalization. Shorter = faster, but choppier.
• Min ATR% (percent): ATR as a percentage of price. If ATR% < Min ATR% → status shows BLOCK: low vola.
MTF Trend Filter
• Use HTF filter / Timeframe / Fast & Slow: HTF Fast>Slow for longs, Fast threshold; exit when spread flips or Confidence decays below your comfort zone.
2) FX index/majors, 15m (active intraday)
• Preset: FX 15m (Active).
• Gate: MinConf 60–70; Min ATR% 0.15–0.30.
• Flow: Focus on session opens (LDN/NY). The ribbon should heat up on shorter candidates before valid crosses appear—good early warning.
3) SPY / Index futures, 1D (positioning)
• Preset: Equities 1D.
• Gate: MinConf 55–65; Min ATR% 0.05–0.12.
• Flow: Use spread crosses as regime flags; add timing from price structure. For adds, wait for ER to remain trending across several bars.
4) BTCUSD, 1H (24/7)
• Preset: Crypto 1H.
• Gate: MinConf 70–80; Min ATR% 0.20–0.35.
• Flow: Crypto chops—volatility filter is your friend. When ribbon and HTF OK agree, favor continuation entries; otherwise stand down.
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Reading the Info Panel (and fixing “no signals”)
The panel is your self-diagnostic:
• HTF OK? False means the higher-timeframe EMAs disagree with your intended side.
• Regime: If “Chop”, ER < threshold. Consider raising the threshold or waiting.
• Confidence: Heat-colored; if below MinConf, the gate blocks signals.
• ATR% vs. Min ATR%: If ATR% < Min ATR%, status shows BLOCK: low vola.
• STATUS (composite):
• BLOCK: low vola → increase Min ATR% down (i.e., allow lower vol) or wait for expansion.
• BLOCK: HTF filter → disable HTF or align with the HTF tide.
• BLOCK: confidence → lower MinConf slightly or wait for stronger alignment.
• OK → you’ll see markers on valid crosses.
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Alerts
Two static alert hooks:
• BUY cross — spread crosses up and all gates (ER, Vol, MTF, Confidence) are open.
• SELL cross — mirror of the above.
Create them once from “Add Alert” → choose the condition by name.
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Exporting to other scripts
In your other Pine indicators/strategies, add an input.source and select EvoTrend-X → “EvoTrend-X Export (spread)”. Common uses:
• Build a rule: only trade when exported spread > 0 (trend filter).
• Combine with your oscillator: oscillator oversold and spread > 0 → buy bias.
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Best practices
• Let it learn: Keep Learning step moderate (0.4–0.6) and Decay close to 1.0 (e.g., 0.99–0.997) for smooth regime memory.
• Respect volatility: Tune Min ATR% by asset and timeframe. FX 1H ≈ 0.10–0.20; crypto 1H ≈ 0.20–0.35; equities 1D ≈ 0.05–0.12.
• MTF discipline: HTF filter removes lots of “almost” trades. If you prefer aggressive entries, turn it off and rely more on Confidence.
• Confidence as throttle:
• 40–60%: exploratory; expect more signals.
• 60–75%: balanced; good daily driver.
• 75–90%: selective; catch the clean stuff.
• 90–100%: only A-setups; patient mode.
• Watch the ribbon: When shorter candidates heat up before a cross, momentum is forming. If long candidates dominate, you’re in a slower trend cycle.
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Non-repainting & safety notes
• All request.security() calls use lookahead=barmerge.lookahead_off, gaps=barmerge.gaps_on.
• No forward references; decisions rely on confirmed bar data.
• EMA lengths are simple ints (no series-length errors).
• Confidence components are computed every bar (no conditional ta.* traps).
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Limitations & tips
• Chop happens: ER helps, but sideways microstructure can still flicker—use Confidence + Vol filter as brakes.
• Presets ≠ oracle: They’re sensible baselines; always tune MinConf and Min ATR% to your venue and session.
• Theme “Auto”: Pine cannot read chart theme; “Auto” defaults to a Dark-friendly palette.
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Publisher’s Screenshots Checklist
1) FX swing — EURUSD 1H
• Preset: FX 1H (Conservative)
• Params: MinConf=70, ATR Len=14, Min ATR%=0.12, MTF ON (TF=4H, 20/50)
• Show: Clear BUY cross, STATUS=OK, green regime background; Fitness Ribbon visible.
2) FX intraday — GBPUSD 15m
• Preset: FX 15m (Active)
• Params: MinConf=60, ATR Len=14, Min ATR%=0.20, MTF ON (TF=60m)
• Show: SELL cross near London session open. HTF lines enabled (translucent).
• Caption: “GBPUSD 15m • Active session sell with MTF alignment.”
3) Indices — SPY 1D
• Preset: Equities 1D
• Params: MinConf=60, ATR Len=14, Min ATR%=0.08, MTF ON (TF=1W, 20/50)
• Show: Longer trend run after BUY cross; regime shading shows persistence.
• Caption: “SPY 1D • Trend run after BUY cross; weekly filter aligned.”
4) Crypto — BINANCE:BTCUSDT 1H
• Preset: Crypto 1H
• Params: MinConf=75, ATR Len=14, Min ATR%=0.25, MTF ON (TF=4H)
• Show: BUY cross + quick follow-through; Ribbon warming (reds/yellows → greens).
• Caption: “BTCUSDT 1H • Momentum break with high confidence and ribbon turning.”
FU + SMI Validator (Proper FU, 30m)Overview
The FU + SMI Validator is a sophisticated technical analysis indicator designed to detect Proper FU (Fakeouts or Liquidity Sweeps) on the 30-minute timeframe. This tool aims to help traders identify high-probability reversal setups that occur when price briefly breaks key levels (sweeping liquidity), then reverses with momentum confirmation.
Fakeouts are common market events where price action “hunts stops” before reversing direction. Correctly identifying these events can offer excellent entry points with defined risk. This indicator combines price action logic with momentum and volatility filters to provide reliable signals.
Core Concepts
Proper FU (Fakeout) Detection
At its core, the script identifies proper fakeouts by checking if the current bar’s price:
For bullish fakeouts: dips below the previous bar’s low (sweeping stops) and then closes above the previous bar’s high
For bearish fakeouts: spikes above the previous bar’s high and then closes below the previous bar’s low
This ensures that the breakout is a true sweep rather than just a one-sided close.
Optionally, the script can require one additional confirmation bar after the FU, ensuring that the momentum is sustained and reducing false signals.
SMI-style Momentum Validation
To improve the quality of signals, the indicator uses a proxy for the Stochastic Momentum Index (SMI) by calculating the difference between current and past linear regression slopes of price. This momentum check helps ensure that fakeouts occur alongside actual directional strength.
Key points:
Momentum must be increasing in the direction of the FU signal.
Momentum filters can be enabled or disabled based on user preference.
Squeeze Condition to Avoid Low-Volatility Traps
The script includes a volatility filter based on a squeeze-like condition:
It compares Bollinger Bands (BB) and Keltner Channels (KC).
When BB bands contract inside KC bands, the market is in a squeeze state, signaling low volatility.
Fakeouts during squeeze conditions are often unreliable; the script can filter these out to reduce false alarms.
Killzone Session Timing Filter
Recognizing that liquidity and volatility vary by session, this tool supports optional filtering for:
London Killzone: 09:00 to 10:30 (UK time)
New York Killzone: 13:00 to 14:30 (UK time)
Signals only trigger during these high-activity windows if enabled, helping traders focus on periods with the best liquidity and market participation.
Note: For Killzone filtering to work accurately, your TradingView chart must be set to the UK timezone.
Features & Benefits
Robust FU detection ensures the breakout price action is meaningful, reducing noise.
Momentum filter via linear regression slope captures trend strength in a smooth, mathematically sound way.
Low-volatility squeeze avoidance helps reduce false signals in choppy or range-bound markets.
Killzone timing filter focuses your attention on the most liquid and active market hours.
Optional confirmation bar increases signal reliability.
Raw FU markers allow visualization of all detected fakeouts for pattern recognition and manual analysis.
Alerts built-in for both valid buy and sell FU setups, enabling real-time notification and quicker decision-making.
Customization Options
Killzone usage: Enable or disable the session timing filter.
Sessions: Configure London and New York killzone time ranges.
Momentum alignment: Enable or disable momentum filter based on SMI proxy.
Volatility filter: Avoid signals during squeeze or low-volatility conditions.
FU confirmation: Option to require one additional confirming candle after the initial FU.
Squeeze and momentum parameters: Adjust Bollinger Bands length and multiplier, Keltner Channel length and ATR multiplier.
Raw FU markers: Show or hide all detected fakeouts regardless of filters.
How to Use This Indicator
Apply to 30-minute charts for forex pairs, indices, cryptocurrencies, or other instruments.
Set your chart timezone to UK time if using Killzone filters.
Adjust input parameters based on your preferred sessions and risk tolerance.
Look for green “VALID BUY FU” labels below bars for bullish fakeout entries.
Look for red “VALID SELL FU” labels above bars for bearish fakeout entries.
Use the alert system to receive notifications on setups.
Combine with your existing analysis or risk management strategy for entries, stops, and profit targets.
Why Use FU + SMI Validator?
Fakeouts are some of the most lucrative but tricky setups for many traders. Without proper filters, they can lead to false entries and losses. This script integrates price action, momentum, volatility, and session timing into one package, providing a robust tool to spot high-quality fakeout opportunities and improve trading confidence.
Limitations
Requires chart to be set to UK timezone for session filters.
Designed specifically for 30-minute timeframe — performance on other timeframes may vary.
Momentum is a proxy, not a direct SMI calculation.
Like all indicators, best used in conjunction with sound risk management and other analysis tools.
Potential Enhancements
Conversion into a full strategy script for backtesting entries and exits.
Addition of other momentum indicators (RSI, MACD) or volume filters.
Customizable time zones or auto time zone detection.
Multi-timeframe analysis capabilities.
Visual dashboard for summary of signal stats.
Yelober - Market Internal direction+ Key levelsYelober – Market Internals + Key Levels is a focused intraday trading tool that helps you spot high-probability price direction by anchoring decisions to structure that matters: yesterday’s RTH High/Low, today’s pre-market High/Low, and a fast Value Area/POC from the prior session. Paired with a compact market internals dashboard (NYSE/NASDAQ UVOL vs. DVOL ratios, VOLD slopes, TICK/TICKQ momentum, and optional VIX trend), it gives you a real-time read on breadth so you can choose which direction to trade, when to enter (breaks, retests, or fades at PMH/PML/VAH/VAL/POC), and how to plan exits as internals confirm or deteriorate. On top of these intraday decision benefits, it also allows traders—in a very subtle but powerful way—to keep an eye on the VIX and immediately recognize significant spikes or sharp decreases that should be factored in before entering a trade, or used as a quick signal to modify an existing position. In short: clear levels for the chart, live internals for the context, and a smarter, rules-based path to execution.
# Yelober – Market Internals + Key Levels
*A TradingView indicator for session key levels + real‑time market internals (NYSE/NASDAQ TICK, UVOL/DVOL/VOLD, and VIX).*
**Script name in Pine:** `Yelober - Market Internal direction+ Key levels` (Pine v6)
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## 1) What this indicator does
**Purpose:** Help intraday traders quickly find high‑probability reaction zones and read market internals momentum without switching charts. It overlays yesterday/today’s **automatic price levels** on your active chart and shows a **market breadth table** that summarizes NYSE/NASDAQ buying pressure and TICK direction, with an optional VIX trend read.
### Key features at a glance
* **Automatic Price Levels (overlay on chart)**
* Yesterday’s High/Low of Day (**yHoD**, **yLoD**)
* Extended Hours High/Low (**yEHH**, **yEHL**) across yesterday AH + today pre‑market
* Today’s Pre‑Market High/Low (**PMH**, **PML**)
* Yesterday’s **Value Area High/Low** (**VAH/VAL**) and **Point of Control (POC)** computed from a volume profile of yesterday’s **regular session**
* Smart de‑duplication:
* Shows **only the higher** of (yEHH vs PMH) and **only the lower** of (yEHL vs PML) to avoid redundant bands
* **Market Breadth Table (on‑chart table)**
* **NYSE ratio** = UVOL/DVOL (signed) with **VOLD slope** from session open
* **NASDAQ ratio** = UVOLQ/DVOLQ (signed) with **VOLDQ slope** from session open
* **TICK** and **TICKQ**: live cumulative ratio and short‑term slope
* **VIX** (optional): current value + slope over a configurable lookback/timeframe
* Color‑coded trends with sensible thresholds and optional normalization
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## 2) How to use it (trader workflow)
1. **Mark your reaction zones**
* Watch **yHoD/yLoD**, **PMH/PML**, and **VAH/VAL/POC** for first touches, break/retest, and failure tests.
* Expect increased responsiveness when multiple levels cluster (e.g., PMH ≈ VAH ≈ daily pivot).
2. **Read the breadth panel for context**
* **NYSE/NASDAQ ratio** (>1 = more up‑volume than down‑volume; <−1 = down‑dominant). Strong green across both favors long setups; red favors short setups.
* **VOLD slopes** (NYSE & NASDAQ): positive and accelerating → broadening participation; negative → persistent pressure.
* **TICK/TICKQ**: cumulative ratio and **slope arrows** (↗ / ↘ / →). Use the slope to gauge **near‑term thrust or fade**.
* **VIX slope**: rising VIX (red) often coincides with risk‑off; falling VIX (green) with risk‑on.
3. **Confluence = higher confidence**
* Example: Price reclaims **PMH** while **NYSE/NASDAQ ratios** print green and **TICK slopes** point ↗ — consider break‑and‑go; if VIX slope is ↘, that adds risk‑on confidence.
* Example: Price rejects **VAH** while **VOLD slopes** roll negative and VIX ↗ — consider fade/reversal.
4. **Risk management**
* Place stops just beyond key levels tested; if breadth flips, tighten or exit.
> **Timeframes:** Works best on 1–15m charts for intraday. Value Area is computed from **yesterday’s RTH**; choose a smaller calculation timeframe (e.g., 5–15m) for stable profiles.
---
## 3) Inputs & settings (what each option controls)
### Global Style
* **Enable all automatic price levels**: master toggle for yHoD/yLoD, yEHH/yEHL, PMH/PML, VAH/VAL/POC.
* **Line style/width**: applies to all drawn levels.
* **Label size/style** and **label color linking**: use the same color as the line or override with a global label color.
* **Maximum bars lookback**: how far the script scans to build yesterday metrics (performance‑sensitive).
### Value Area / Volume Profile
* **Enable Value Area calculations** *(on by default)*: computes yesterday’s **POC**, **VAH**, **VAL** from a simplified intraday volume profile built from yesterday’s **regular session bars**.
* **Max Volume Profile Points** *(default 50)*: lower values = faster; higher = more precise.
* **Value Area Calculation Timeframe** *(default 15)*: the security timeframe used when collecting yesterday’s highs/lows/volumes.
### Individual Level Toggles & Colors
* **yHoD / yLoD** (yesterday high/low)
* **yEHH / yEHL** (yesterday AH + today pre‑market extremes)
* **PMH / PML** (today pre‑market extremes)
* **VAH / VAL / POC** (yesterday RTH value area + point of control)
### Market Breadth Panel
* **Show NYSE / NASDAQ / VIX**: choose which series to display in the table.
* **Table Position / Size / Background Color**: UI placement and legibility.
* **Slope Averaging Periods** *(default 5)*: number of recent TICK/TICKQ ratio points used in slope calculation.
* **Candles for Rate** *(default 10)* & **Normalize Rate**: VIX slope calculation as % change between `now` and `n` candles ago; normalize divides by `n`.
* **VIX Timeframe**: optionally compute VIX on a higher TF (e.g., 15, 30, 60) for a smoother regime read.
* **Volume Normalization** (NYSE & NASDAQ): display VOLD slopes scaled to `tens/thousands/millions/10th millions` for readable magnitudes; color thresholds adapt to your choice.
---
## 4) Data sources & definitions
* **UVOL/VOLD (NYSE)** and **UVOLQ/DVOLQ/VOLDQ (NASDAQ)** via `request.security()`
* **Ratio** = `UVOL/DVOL` (signed; negative when down‑volume dominates)
* **VOLD slope** ≈ `(VOLD_now − VOLD_open) / bars_since_open`, then normalized per your setting
* **TICK/TICKQ**: cumulative sum of prints this session with **positives vs negatives ratio**, plus a simple linear regression **slope** of the last `N` ratio values
* **VIX**: value and slope across a user‑selected timeframe and lookback
* **Sessions (EST/EDT)**
* **Regular:** 09:30–16:00
* **Pre‑Market:** 04:00–09:30
* **After Hours:** 16:00–20:00
* **Extended‑hours extremes** combine **yesterday AH** + **today PM**
> **Note:** All session checks are done with TradingView’s `time(…,"America/New_York")` context. If your broker’s RTH differs (e.g., futures), adjust expectations accordingly.
---
## 5) How the algorithms work (plain English)
### A) Key Levels
* **Yesterday’s RTH High/Low**: scans yesterday’s bars within 09:30–16:00 and records the extremes + bar indices.
* **Extended Hours**: scans yesterday AH and today PM to get **yEHH/yEHL**. Script shows **either yEHH or PMH** (whichever is **higher**) and **either yEHL or PML** (whichever is **lower**) to avoid duplicate bands stacked together.
* **Value Area & POC (RTH only)**
* Build a coarse volume profile with `Max Volume Profile Points` buckets across the price range formed by yesterday’s RTH bars.
* Distribute each bar’s volume uniformly across the buckets it spans (fast approximation to keep Pine within execution limits).
* **POC** = bucket with max volume. **VA** expands from POC outward until **70%** of cumulative volume is enclosed → yields **VAH/VAL**.
### B) Market Breadth Table
* **NYSE/NASDAQ Ratio**: signed UVOL/DVOL with basic coloring.
* **VOLD Slopes**: from session open to current, normalized to human‑readable units; colors flip green/red based on thresholds that map to your normalization setting (e.g., ±2M for NYSE, ±3.5×10M for NASDAQ).
* **TICK/TICKQ Slope**: linear regression over the last `N` ratio points → **↗ / → / ↘** with the rounded slope value.
* **VIX Slope**: % change between now and `n` candles ago (optionally divided by `n`). Red when rising beyond threshold; green when falling.
---
## 6) Recommended presets
* **Stocks (liquid, intraday)**
* Value Area **ON**, `Max Volume Points` = **40–60**, **Timeframe** = **5–15**
* Breadth: show **NYSE & NASDAQ & VIX**, `Slope periods` = **5–8**, `Candles for rate` = **10–20**, **Normalize VIX** = **ON**
* **Index futures / very high‑volume symbols**
* If you see Pine timeouts, set `Max Volume Points` = **20–40** or temporarily **disable Value Area**.
* Keep breadth panel **ON** (it’s light). Consider **VIX timeframe = 15/30** for regime clarity.
---
## 7) Tips, edge cases & performance
* **Performance:** The volume profile is capped (`maxBarsToProcess ≤ 500` and bucketed) to keep it responsive. If you experience slowdowns, reduce `Max Volume Points`, `Maximum bars lookback`, or disable Value Area.
* **Redundant lines:** The script **intentionally suppresses** PMH/PML when yEHH/yEHL are more extreme, and vice‑versa.
* **Label visibility:** Use `Label style = none` if you only want clean lines and read values from the right‑end labels.
* **Futures/RTH differences:** Value Area is from **yesterday’s RTH** only; for 24h instruments the RTH period may not reflect overnight structure.
* **Session transitions:** PMH/PML tracking stops as soon as RTH starts; values persist as static levels for the session.
---
## 8) Known limitations
* Uses public TradingView symbols: `UVOL`, `VOLD`, `UVOLQ`, `DVOLQ`, `VOLDQ`, `TICK`, `TICKQ`, `VIX`. If your data plan or region limits any symbol, the corresponding table rows may show `na`.
* The VA/POC approximation assumes uniform distribution of each bar’s volume across its high–low. That’s fast but not a tick‑level profile.
* Works best on US equities with standard NY session; alternative sessions may need code changes.
---
## 9) Troubleshooting
* **“Script is too slow / timed out”** → Lower `Max Volume Points`, lower `Maximum bars lookback`, or toggle **OFF** `Enable Value Area calculations` for that instrument.
* **Missing breadth values** → Ensure the symbols above load on your account; try reloading chart or switching timeframes once.
* **Overlapping labels** → Set `Label style = none` or reduce label size.
---
## 10) Version / license / contribution
* **Version:** Initial public release (Pine v6).
* **Author:** © yelober
* **License:** Free for community use and enhancement. Please keep author credit.
* **Contributing:** Open PRs/ideas: presets, alert conditions, multi‑day VA composites, optional mid‑value (`(VAH+VAL)/2`), session filter for futures, and alertable state machine for breadth regime transitions.
---
## 11) Quick start (TL;DR)
1. Add the indicator and **keep default settings**.
2. Trade **reactions** at yHoD/yLoD/PMH/PML/VAH/VAL/POC.
3. Use the **breadth table**: look for **green ratios + ↗ slopes** (risk‑on) or **red ratios + ↘ slopes** (risk‑off). Check **VIX** slope for confirmation.
4. Manage risk around levels; when breadth flips against you, tighten or exit.
---
### Changelog (public)
* **v1.0:** First community release with automatic RTH levels, VA/POC approximation, breadth dashboard (NYSE/NASDAQ/TICK/TICKQ/VIX) with normalization and adaptive color thresholds.
Bullish 1st Breakaway FVG Stop Loss
This indicator provides a defined 3-tier stop loss placement when you want to trade the 1st Bullish Breakaway FVG strategy. The Bullish Breakaway Dual Session FVG indicator is an independent indicator that track all bullish breakaway candles, however this one only tracks the very 1st breakaway candle with a stop loss visual cue.
Introduction of Bullish Breakaway Consolidated FVG:
Inspired by the FVG Concept:
This indicator is built on the Fair Value Gap (FVG) concept, with a focus on Consolidated FVG. Unlike traditional FVGs, this version only works within a defined session (e.g., ETH 18:00–17:00 or RTH 09:30–16:00).
Bullish consolidated FVG & Bullish breakaway candle
Begins when a new intraday low is printed. After that, the indicator searches for the 1st bullish breakaway candle, which must have its low above the high of the intraday low candle. Any candles in between are part of the consolidated FVG zone. Once the 1st breakaway forms, the indicator will shades the candle’s range (high to low).
Session Reset: Occurs at session close.
Choose your own session: use 930 to 1615 for RTH, 1800 to 1615 for ETH. (New York Time Zone)
Repaint Behavior:
If a new intraday (or intra-session) low forms, earlier breakaway patterns are wiped, and the system restarts from the new low.
Product Optimization:
This indicator is designed for CME future product with New York time zone. If you want to trade other products, please adjust your own time session.
Entry:
Long after the 1st Bullish Breakaway Candle in your active session.
However, best position of long is executed by your own trading skill and edge.
Stop Loss: ξ
ξ: This is the 1st stop loss, it is 1 equal size of the breakaway candle below the low.
ξξ: This is the 2nd stop loss, it is 2 equal sizes of the breakaway candle below the low.
L: This is the 3rd stop loss, it is the intraday session low.
Stop loss calculation:
Assuming you enter at the high of the breakaway candle, the SL number is shown as the high minus the stop loss placement.
Last Mention:
If you don't see anything in the indicator, adjust your session to an active session only, and use Tradingview replay function. This indicator is a live indicator with repainting mechanism.
Quarterly Theory —Q1,Q2,Q3,Q4The Quarterly Theory Indicator is a trading tool designed to visualize the natural time-based cycles of the market, based on the principles of Quarterly Theory, popularized by the Inner Circle Trader (ICT). The indicator divides market sessions into four equal “quarters” to help traders identify potential accumulation, manipulation, and distribution phases (AMD model) and improve the timing of entries and exits.
Key Features:
Quarter Divisions (Q1–Q4):
Each market session (e.g., NY AM, London, Asia) is divided into four quarters.
Vertical lines mark the beginning of each quarter, making it easy to track session structure.
Optional labels show Q1, Q2, Q3, and Q4 directly on the chart.
True Open (Q2 Open):
The True Open is the opening price of Q2, considered a key reference point in Quarterly Theory.
A horizontal red line is drawn at the True Open price with a label showing the exact value.
This line helps traders filter bullish and bearish setups:
Buy below the True Open if the market is bullish.
Sell above the True Open if the market is bearish.
Session Awareness:
The indicator can automatically detect market sessions and reset lines and labels for each new session.
Ensures that only the current session’s True Open and quarter lines are displayed, reducing chart clutter.
Timeframe Flexibility:
Works on any chart timeframe (1-minute to daily).
Maintains accurate alignment of quarters and True Open regardless of the timeframe used.
Purpose of Quarterly Theory:
Quarterly Theory is based on the idea that market behavior is fractal and time-driven. By dividing sessions into four quarters, traders can anticipate potential market phases:
Q1: Initial price discovery and setup for the session.
Q2: Accumulation or manipulation phase, where the True Open is established.
Q3: Manipulation or Judas Swing phase designed to trap traders.
Q4: Distribution or trend continuation/reversal.
By visualizing these quarters and the True Open, traders can reduce ambiguity, identify high-probability setups, and improve their timing in line with the ICT AMD (Accumulation, Manipulation, Distribution) framework.
LVN/HVN Auto Detection [PhenLabs]📊 PhenLabs - LVN/HVN Auto Detection
Version: PineScript™ v6
📌 Description
The PhenLabs LVN/HVN Auto Detection indicator is an advanced volume profile analysis tool that automatically identifies Low Volume Nodes (LVN) and High Volume Nodes (HVN) across multiple trading sessions. This sophisticated indicator analyzes volume distribution patterns to pinpoint critical support and resistance levels where price is likely to react, providing traders with high-probability zones for entries, exits, and risk management.
Unlike traditional volume indicators that only show current activity, this tool builds comprehensive volume profiles from historical sessions and intelligently filters the most significant levels. It combines real-time volume analysis with dynamic level detection, offering both visual bubbles for immediate volume activity and persistent horizontal lines that act as ongoing support/resistance references.
🚀 Points of Innovation
Multi-Session Volume Profile Analysis - Automatically calculates and analyzes volume profiles across the last 5 trading sessions
Intelligent Level Separation Logic - Prevents overlapping signals by maintaining minimum separation between LVN and HVN levels
Dynamic Timeframe Adaptation - Automatically adjusts session lengths based on chart timeframe for optimal level detection
Real-Time Activity Bubbles - Shows volume activity strength through different bubble sizes at key levels
Persistent Line Management - Creates horizontal lines that extend until price crosses them, providing ongoing reference points
Dual Threshold System - Independent percentage-based thresholds for both LVN and HVN identification
🔧 Core Components
Volume Profile Engine : Builds 20-row volume profiles for each analyzed session, distributing volume across price levels
Level Identification Algorithm : Uses percentage-based thresholds to classify volume distribution patterns
Separation Logic : Ensures minimum distance between conflicting levels, prioritizing HVN when overlap occurs
Line Management System : Tracks active support/resistance lines and removes them when price crosses through
Volume Activity Monitor : Compares current volume to 13-period moving average for activity classification
🔥 Key Features
Customizable Thresholds : LVN threshold (5-35%, default 20%) and HVN threshold (65-95%, default 80%) for precise level filtering
Volume Activity Multiplier : Adjustable volume threshold (0.5+, default 1.5) for bubble and line creation sensitivity
Flexible Display Modes : Choose between Lines only, Bubbles only, or Both for optimal chart clarity
Smart Level Separation : Minimum separation percentage (0.1-2%, default 0.5%) prevents conflicting signals
Color Customization : Independent color controls for LVN (red) and HVN (blue) elements
Performance Optimization : Processes every 15 bars with maximum 500 active lines for smooth operation
🎨 Visualization
Colored Bubbles : Three sizes (large, medium, small) indicate volume activity strength at key levels
Horizontal Lines : Persistent support/resistance lines with width corresponding to volume activity
Dual Color System : Semi-transparent red for LVN areas, semi-transparent blue for HVN zones
Information Tooltip : Optional table showing usage guidelines and optimization tips
📖 Usage Guidelines
Volume Thresholds
LVN Threshold
○ Default: 20.0%
○ Range: 5.0-35.0%
○ Description: Price levels with volume below this percentage are marked as LVNs. Lower values create fewer, more significant levels. Typical range 15-25% works for most instruments.
HVN Threshold
○ Default: 80.0%
○ Range: 65.0-95.0%
○ Description: Price levels with volume above this percentage are marked as HVNs. Higher values create fewer, stronger levels. Range 75-85% is optimal for most trading.
Display Controls
Volume Threshold
○ Default: 1.5
○ Range: 0.5+
○ Description: Multiplier for volume significance (High=2+threshold, Medium=1+threshold, Low=0+threshold). Higher values require more volume for signals.
✅ Best Use Cases
Swing Trading : Identify key levels for position entries and exits over multiple days
Scalping : Use bubbles for immediate volume activity confirmation at critical levels
Risk Management : Place stops beyond LVN levels where price moves quickly
Breakout Trading : Monitor HVN levels for potential breakout or rejection scenarios
Multi-Timeframe Analysis : Combine with higher timeframe levels for confluence
⚠️ Limitations
Timeframe Sensitivity : Lower timeframes may produce too many levels; higher timeframes recommended for cleaner signals
Volume Data Dependency : Accuracy depends on reliable volume data from your data provider
Historical Analysis : Uses past volume data which may not predict future price behavior
Performance Impact : High number of active lines may affect chart performance on slower devices
💡 What Makes This Unique
Automated Session Analysis : No manual drawing required - automatically analyzes multiple sessions
Intelligent Filtering : Advanced separation logic prevents overlapping and conflicting signals
Adaptive Processing : Adjusts to different timeframes automatically for optimal level detection
Dual Visualization System : Combines persistent lines with real-time activity indicators
🔬 How It Works
1. Volume Profile Construction :
Analyzes the last 5 trading sessions with dynamic session length based on timeframe
Divides each session’s price range into 20 equal levels for volume distribution analysis
2. Level Classification :
Calculates volume percentage at each price level relative to session maximum
Identifies LVN levels below threshold and HVN levels above threshold
3. Signal Generation :
Creates bubbles when volume activity exceeds thresholds at identified levels
Draws horizontal lines that persist until price crosses through them
💡 Note : For optimal results, increase your chart timeframe if you see too many levels. The indicator performs best on 15-minute and higher timeframes where volume patterns are more meaningful and less noisy.
VWAP Adaptive (RelVol-Adjusted)This indicator provides an Adaptive VWAP that adjusts volume weighting using RelVol (Relative Volume at Time), offering a more accurate and context-aware price reference during sessions with irregular volume behavior.
Classic VWAP calculates the average price weighted by raw volume, without considering the time of day. This becomes a serious limitation during major market events such as CPI releases, FOMC announcements, NFP, or large-cap earnings. These events often trigger massive volume spikes within one or two candles. As a result, the classic VWAP gets pulled toward those extreme prices and becomes permanently skewed for the rest of the session.
In such conditions, classic VWAP becomes unreliable. It no longer reflects fair value and often misleads traders relying on it for dynamic support, resistance, or reversion signals.
This Adaptive VWAP improves on that by using RelVol, which compares the current volume to the average volume seen at the same time over previous sessions. It gives more weight to price when volume is typical for that moment, and adjusts the influence when volume is statistically abnormal. This reduces the impact of isolated volume spikes and stabilizes the VWAP path, even in high-volatility environments.
For example, on SPY 1-minute or 5-minute charts during a CPI release, a massive spike in volume and price can occur within a single candle. Classic VWAP will immediately anchor itself to that spike. Adaptive VWAP using RelVol softens that effect and maintains a more realistic trajectory.
Key features:
- Adaptive VWAP weighted by time-adjusted Relative Volume (RelVol)
- Designed to maintain VWAP reliability during macroeconomic events
- Flexible anchoring: Session, Week, Month, Quarter, Earnings, etc.
- Optional display of Classic VWAP for comparison
- Up to 3 customizable deviation bands (standard deviation or percentage)
This tool is ideal for intraday traders who need a VWAP that remains usable and unbiased, even in volatile sessions. It adds robustness to VWAP-based strategies by incorporating time-sensitive volume normalization.
Enigma Sniper 369The "Enigma Sniper 369" is a custom-built Pine Script indicator designed for TradingView, tailored specifically for forex traders seeking high-probability entries during high-volatility market sessions.
Unlike generic trend-following or scalping tools, this indicator uniquely combines session-based "kill zones" (London and US sessions), momentum-based candle analysis, and an optional EMA trend filter to pinpoint liquidity grabs and reversal opportunities.
Its originality lies in its focus on liquidity hunting—identifying levels where stop losses are likely clustered (around swing highs/lows and wick midpoints)—and providing visual entry zones that are dynamically removed once price breaches them, reducing clutter and focusing on actionable signals.
The name "369" reflects the structured approach of three key components (session timing, candle logic, and trend filter) working in harmony to snipe precise entries.
What It Does
"Enigma Sniper 369" identifies potential buy and sell opportunities by drawing two types of horizontal lines on the chart during user-defined London and US
session kill zones:
Solid Lines: Mark the swing low (for buys) or swing high (for sells) of a trigger candle, indicating a potential entry point where stop losses might be clustered.
Dotted Lines: Mark the 50% level of the candle’s wick (lower wick for buys, upper wick for sells), serving as a secondary confirmation zone for entries or tighter stop-loss placement.
These lines are plotted only when specific candle conditions are met within the kill zones, and they are automatically deleted once the price crosses them, signaling that the liquidity at that level has likely been grabbed. The indicator also includes an optional EMA filter to ensure trades align with the broader trend, reducing false signals in choppy markets.
How It Works
The indicator’s logic is built on a multi-layered approach:
Kill Zone Timing: Trades are only considered during user-defined London and US session hours (e.g., London from 02:00 to 12:00 UTC, as seen in the screenshots). These sessions are known for high volatility and liquidity, making them ideal for capturing institutional moves.
Candle-Based Momentum Logic:
Buy Signal: A candle must close above its midpoint (indicating bullish momentum) and have a lower low than the previous candle (suggesting a potential liquidity grab below the previous swing low). This is expressed as close > (high + low) / 2 and low < low .
Sell Signal: A candle must close below its midpoint (bearish momentum) and have a higher high than the previous candle (indicating a potential liquidity grab above the previous swing high), expressed as close < (high + low) / 2 and high > high .
These conditions ensure the indicator targets candles that break recent structure to hunt stop losses while showing directional momentum.
Optional EMA Filter: A 50-period EMA (customizable) can be enabled to filter signals based on trend direction.
Buy signals are only generated if the EMA is trending upward (ema_value > ema_value ), and sell signals require a downward EMA trend (ema_value < ema_value ). This reduces noise by aligning entries with the broader market trend.
Liquidity Levels and Deletion Logic:
For a buy signal, a solid green line is drawn at the candle’s low, and a dotted green line at the 50% level of the lower wick (from the candle body’s bottom to the low).
For a sell signal, a solid red line is drawn at the candle’s high, and a dotted red line at the 50% level of the upper wick (from the body’s top to the high).
These lines extend to the right until the price crosses them, at which point they are deleted, indicating the liquidity at that level has been taken (e.g., stop losses triggered).
Alerts: The indicator includes alert conditions for buy and sell signals, notifying traders when a new setup is identified.
Underlying Concepts
The indicator is grounded in the concept of liquidity hunting, a strategy often employed by institutional traders. Markets frequently move to levels where stop losses are clustered—typically just beyond swing highs or lows—before reversing in the opposite direction. The "Enigma Sniper 369" targets these moves by identifying candles that break structure (e.g., a lower low or higher high) during high-volatility sessions, suggesting a potential sweep of stop losses. The 50% wick level acts as a secondary confirmation, as this midpoint often represents a zone where tighter stop losses are placed by retail traders. The optional EMA filter adds a trend-following element, ensuring entries are taken in the direction of the broader market momentum, which is particularly useful on lower timeframes like the 15-minute chart shown in the screenshots.
How to Use It
Here’s a step-by-step guide based on the provided usage example on the GBP/USD 15-minute chart:
Setup the Indicator: Add "Enigma Sniper 369" to your TradingView chart. Adjust the London and US session hours to match your timezone (e.g., London from 02:00 to 12:00 UTC, US from 13:00 to 22:00 UTC). Customize the EMA period (default 50) and line styles/colors if desired.
Identify Kill Zones: The indicator highlights the London session in light green and the US session in light purple, as seen in the screenshots. Focus on these periods for signals, as they are the most volatile and likely to produce liquidity grabs.
Wait for a Signal: Look for solid and dotted lines to appear during the kill zones:
Buy Setup: A solid green line at the swing low and a dotted green line at the 50% lower wick level indicate a potential buy. This suggests the market may have grabbed liquidity below the swing low and is now poised to move higher.
Sell Setup: A solid red line at the swing high and a dotted red line at the 50% upper wick level indicate a potential sell, suggesting liquidity was taken above the swing high.
Place Your Trade:
For a buy, set a buy limit order at the dotted green line (50% wick level), as this is a more conservative entry point. Place your stop loss just below the solid green line (swing low) to cover the full swing. For example, in the screenshots, the market retraces to the dotted line at 1.32980 after a liquidity grab below the swing low, triggering a buy limit order.
For a sell, set a sell limit order at the dotted red line, with a stop loss just above the solid red line.
Monitor Price Action: Once the price crosses a line, it is deleted, indicating the liquidity at that level has been taken. In the screenshots, after the buy limit is triggered, the market moves higher, confirming the setup. The caption notes, “The market returns and tags us in long with a buy limit,” highlighting this retracement strategy.
Additional Context: Use the indicator to identify liquidity levels that may be targeted later. For example, the screenshot notes, “If a new session is about to open I will wait for the grab liquidity to go long,” showing how the indicator can be used to anticipate future moves at session opens (e.g., London open at 1.32980).
Risk Management: Always set a stop loss below the swing low (for buys) or above the swing high (for sells) to protect against adverse moves. The 50% wick level helps tighten entries, improving the risk-reward ratio.
Practical Example
On the GBP/USD 15-minute chart, during the London session (02:00 UTC), the indicator identifies a buy setup with a solid green line at 1.32901 (swing low) and a dotted green line at 1.32980 (50% wick level). The market initially dips below the swing low, grabbing liquidity, then retraces to the dotted line, triggering a buy limit order. The price subsequently rises to 1.33404, yielding a profitable trade. The user notes, “The logic is in the last candle it provides new level to go long,” emphasizing the indicator’s ability to identify fresh levels after a liquidity sweep.
Customization Tips
Adjust the EMA period to suit your timeframe (e.g., a shorter period like 20 for faster signals on lower timeframes).
Modify the session hours to align with your broker’s timezone or specific market conditions.
Use the alert feature to get notified of new setups without constantly monitoring the chart.
Why It’s Useful for Traders
The "Enigma Sniper 369" stands out by combining session timing, momentum-based candle analysis, and liquidity hunting into a single tool. It provides clear, actionable levels for entries and stop losses, removes invalid signals dynamically, and aligns trades with high-probability market conditions. Whether you’re a scalper looking for quick moves during London open or a swing trader targeting session-based reversals, this indicator offers a structured, data-driven approach to trading.
Vertical Lines at Specific Times### **Script Description**
This **Pine Script v6** indicator for **TradingView** plots **vertical dotted lines** at user-specified times, marking key time ranges during the day. It is designed to help traders visually track market movements within specific timeframes.
#### **Features:**
✔ **Custom Timeframes:**
- Two separate time ranges can be defined:
- **Morning Session:** (Default: 9 AM - 10 AM, New York Time)
- **Evening Session:** (Default: 9 PM - 10 PM, New York Time)
✔ **Adjustable Line Properties:**
- **Line Width:** Users can change the thickness of the vertical lines.
- **Line Colors:** Users can select different colors for morning and evening session lines.
✔ **New York Local Time Support:**
- Ensures that the vertical lines appear correctly based on **Eastern Time (ET)**.
✔ **Full-Height Vertical Lines:**
- Lines extend across the **entire chart**, from the highest high to the lowest low, for clear visibility.
- Uses **dotted line style** to avoid cluttering the chart.
#### **How It Works:**
1. The script retrieves the **current date** (year, month, day) in **New York time**.
2. Converts the **user-defined input times** into **timestamps** for accurate placement.
3. When the current time matches a specified session time, a **dotted vertical line** is drawn.
4. The script **repeats this process daily**, ensuring automatic updates.
#### **Customization Options (Inputs):**
- **Morning Start & End Time** (Default: 9 AM - 10 AM)
- **Evening Start & End Time** (Default: 9 PM - 10 PM)
- **Line Width** (Default: 2)
- **Morning Line Color** (Default: Blue)
- **Evening Line Color** (Default: Green)
#### **Use Case Scenarios:**
📈 Marking market **open & close** hours.
📊 Highlighting **key trading sessions** for day traders.
🔎 Identifying time-based **price action patterns**.
Macro Times [Blu_Ju]About ICT Macro Times:
The Inner Circle Trader (ICT) has taught that there are certain time sessions when the Interbank Price Delivery Algorithm (IPDA) is running a macro. The macro itself could be a repricing macro, a consolidation macro, etc. - this depends on where price currently is in relation to its draw. The times the macro is active do not change however, and are always the following (in New York local time):
8:50-9:10 (premarket macro)
9:50-10:10 (AM macro 1)
10:50-11:10 (AM macro 2)
11:50-12:10 (lunch macro)
13:10-13:40 (PM macro)
15:15-15:45 (final hour macro)
Because these times are fixed, traders can anticipate a setup is likely to form in or around these sessions. Setups may involve sweeps of liquidity (highs/lows), repricing to inefficiencies (e.g., fair value gaps), breaker setups, etc. (The specific setup involved is beyond the scope of this script; this script is concerned with visually marking the time sessions only.)
About this Script:
The scope of this script is to visually identify the macro active time sessions. This script draws vertical lines to mark the start and end of the macro time sessions. Optionally, the user can use a background color for the macro session with or without the vertical lines. The user can also toggle on or off any of the macro sessions, if he or she is only interested in certain ones. The user also has the freedom to change the times of the macro sessions if he or she is interested in a different time.
What makes this script unique is that it plots the macro time sessions after midnight for each day, before the real-time bar reaches the macro times. This is advantageous to the trader, as it gives the trader a visual cue that the macro times are approaching. When watching price it is easy to lose track of time, and the purpose of this script is to help the trader maintain where price is in relation to the macro time sessions in a simple, visual way.
Opening Range Gaps [TFO]This indicator displays Opening Range Gaps with an adjustable time window. Its intention is to capture the discrepancy between the close price of previous and new Real Trading Hours (RTH) sessions, i.e. yesterday's close compared to today's open. A gap will be drawn from this area with a solid line denoting its midpoint, and dashed lines denoting the upper and lower quartiles of its range. Its color is determined by whether the new session open price is above or below the previous session close.
The Gap Session parameter allows users to define the specific time window for which to capture the "gap" in price. Using U.S. index futures as an example, we can use 16:00 - 09:30 (EST) to capture the discrepancy between the previous day's close price and the current day's open price. However, this parameter is left as adjustable for users that may want to observe different markets or simply experiment with different time windows.
Show Session Delineations will draw vertical timestamps denoting the start and end times of the provided Gap Session. Track Start Price serves as a visual aid to track the initial price of the Gap Session until its end price is validated, for easy visual verification of a gap's upper and lower bounds. With both options turned off, the indicator will only display the gap boxes and lines, as shown here:
Extend Boxes will draw all gaps with an indefinite extension to the right. This can get messy with a large number of boxes, which is why we have a Keep Last parameter to limit how many sessions' drawings should be stored. Any drawings that were made beyond this number of sessions in the past will automatically be deleted.
The Timeframe Limit will dictate that the indicator as a whole will only draw objects on timeframes less than or equal to this timeframe, determined by the user. In some cases this may help users avoid resolution errors which may arise from using timeframes that are too large for a given session. For example, if a user wanted to track a Gap Session of 16:15-09:30, the Timeframe Limit should be set to 15 minutes because the close price at 16:15 cannot be observed on a 30 minute chart (or greater).
Breakout/Breakdown Indicator (30 Min Range) by InvestYourAsset👉The indicator provided here is a technical analysis indicator for TradingView users that identifies potential breakout and breakdown opportunities on the initial 30-minute range in every trading session.
👉The indicator high and low of the initial 30-minute period and plotting them as horizontal lines on the chart. The high is marked in green line and the low is marked in red line.
📈The indicator then generates buy and sell signals based on whether the current close price crosses above or below the previous 30-minute high and low, respectively.
📢The indicator also has two inputs:
👉 sessionStartHour : The hour at which the trading session begins. The default value is 9, However users can change the time according to their own trading style.
👉 sessionStartMinute : The minute at which the trading session begins. The default value is 0.
These inputs can be used to adjust the indicator to the specific trading session that you are interested in.
✅How to use the Indicator:
👉To use the 30 Minute Breakout/Breakdown Indicator, simply add it to your chart and configure the inputs to your liking. Once the indicator is added to the chart, it will plot the 30-minute high and low as horizontal lines, as well as generate buy and sell signals based on the current close price.
✅Here is a step-by-step guide:
📈Open TradingView and select the chart that you want to add the indicator to.
📈Click on the "Indicators" tab and search for "30 Minute Breakout/Breakdown Indicator by InvestYourAsset".
📈Click on the indicator to add it to your chart.
📈Configure the inputs to your liking. The default values are typically fine, but you can experiment with different values to see what works best for you.
📈Once you are satisfied with the settings, click on the "Apply" button.
📈The indicator will now be displayed on your chart. You will see two horizontal lines representing the previous 30-minute high and low, as well as triangles representing buy and sell signals.
✅How to interpret the signals:
📈Buy signal : A buy signal is generated when the current close price crosses above the previous 30-minute high. This suggests that the price is likely to continue moving higher in the short term.
📈Sell signal : A sell signal is generated when the current close price crosses below the previous 30-minute low. This suggests that the price is likely to continue moving lower in the short term.
👉Traders should remember that the present indicator is just one tool that can be used to identify potential trading opportunities. It is important to use other technical analysis tools and risk management techniques to confirm your trading signals before entering any trades.
✅Things to consider while using the indicator:
📈Look for buy signals in an uptrend and sell signals in a downtrend. This will increase the likelihood of your trades being successful.
📈Place your stop losses below the previous 30-minute low for buy signals and above the previous 30-minute high for sell signals. This will help to limit your losses if the trade goes against you.
📈Consider taking profits at key resistance and support levels. This will help you to lock in your profits and avoid giving them back to the market.
Follow us for timely updates regarding indicators that we may publish in future and give it a like if you appreciate the indicator.
ICT Sessions_One Setup for Life [MK]The script plots the High/Low of the following trading sessions:
London - 02:00-05:00
NY AM - 09:30-12:00
New York Lunch - 12:00-13:30
New York PM - 13:30-16:00
Due to the high level of liquidity (resting orders), highs and lows of these sessions may be used as buy/sell areas and also as profit target areas. Typically, buy orders would be initiated below a session low and sell orders would be initiated above a
session high.
The script also plots 'RTH (Regular Trading Hours) Opening Gaps'. The RTH gaps are drawn from the closing price of regular trading at 16:15 (EST) to the open price of regular trading at 09:30 (EST). Gaps can be areas that traders might anticipate to be filled at some time in the future. A gap 'midline' is available if needed and yesterday RTH close line can be shown and extended to the current bar.
This script is simply a means to draw boxes around certain areas/periods on the charts. It is in no way a trading strategy and users should spend much time to study the concept and should also perform extensive back-testing before taking any trades.
By setting the lookback value to a much higher value then the default of 6, users can utilise the script to perform their own backtesting studies.
The above chart shows the default setup of the indicator. Note that the user has to choose how far (in days) to lookback and draw the sessions/gaps.
It is also possible to show the session high//low lines and extend them to the current bar time. If this is used it is advised to keep the lookback period as low as possible to ensure charts stay clean/uncluttered.
All boxes/lines styles/colors are fully customisable.
Default Strategy Inputs (Forex / Crypto)The code in this post contains a set of default strategy inputs I use in new projects / backtests in Tradingview.
Full code commentary is available on the Backtest-Rookies website. To comply with house rules, I cannot post the direct link here.
Features
Trade Direction: So that you can limit the strategy for long only, short only or trade in both directions. It is important to note that when you select “Long Only”, you will still see Short signals on the chart. However, they are only used to close a position rather than reverse it. This is the default behaviour for strategies. The same applies to “Short Only”.
Date Ranges: So that you can isolate backtesting to specific periods of interest such as bull or bear markets.
Sessions: So you can easily get an idea of the expected results during your own session. You may also notice that performance of the strategy varies depending on which session it is deployed in.
Some example stop losses: It is not an exhaustive list but it should be enough to provide some inspiration for different types of stops that you can experiment with.
Happy Scripting. I hope the community finds it useful.
Options Scalper v2 - SPY/QQQHere's a comprehensive description of the Options Scalper v2 strategy:
---
## Options Scalper v2 - SPY/QQQ
### Overview
A multi-indicator confluence-based scalping strategy designed for trading SPY and QQQ options on short timeframes (1-5 minute charts). The strategy uses a scoring system to generate high-probability CALL and PUT signals by requiring alignment across multiple technical indicators before triggering entries.
---
### Core Logic
The strategy operates on a **scoring system (0-9 points)** where both bullish (CALL) and bearish (PUT) conditions are evaluated independently. A signal only fires when:
1. A recent EMA crossover occurred (within the last 3 bars)
2. The direction's score meets the minimum threshold (default: 4 points)
3. The signal's score is higher than the opposite direction
4. Enough bars have passed since the last signal (cooldown period)
5. Price action occurs during valid trading sessions
---
### Indicators Used
| Indicator | Purpose | CALL Condition | PUT Condition |
|-----------|---------|----------------|---------------|
| **9/21 EMA Cross** | Primary trigger | Fast EMA crosses above slow | Fast EMA crosses below slow |
| **200 EMA** | Trend filter | Price above 200 EMA | Price below 200 EMA |
| **RSI (14)** | Momentum filter | RSI between 45-65 | RSI between 35-55 |
| **VWAP** | Institutional level | Price above VWAP | Price below VWAP |
| **MACD (12,26,9)** | Momentum confirmation | MACD line > Signal line | MACD line < Signal line |
| **Stochastic (14,3)** | Overbought/Oversold | Oversold or K > D | Overbought or K < D |
| **Volume** | Participation confirmation | Spike on green candle | Spike on red candle |
| **Price Structure** | Breakout detection | Higher high formed | Lower low formed |
---
### Scoring Breakdown
**CALL Score (Max 9 points):**
- Recent EMA cross up: +2 pts
- EMA alignment (fast > slow): +1 pt
- RSI in bullish range: +1 pt
- Above VWAP: +1 pt
- MACD bullish: +1 pt
- Volume spike on green candle: +1 pt
- Stochastic setup: +1 pt
- Above 200 EMA: +1 pt
- Breaking higher high: +1 pt
**PUT Score (Max 9 points):**
- Recent EMA cross down: +2 pts
- EMA alignment (fast < slow): +1 pt
- RSI in bearish range: +1 pt
- Below VWAP: +1 pt
- MACD bearish: +1 pt
- Volume spike on red candle: +1 pt
- Stochastic setup: +1 pt
- Below 200 EMA: +1 pt
- Breaking lower low: +1 pt
---
### Risk Management
The strategy uses **ATR-based dynamic stops and targets**:
| Parameter | Default | Description |
|-----------|---------|-------------|
| Stop Loss | 1.5x ATR | Distance below entry for longs, above for shorts |
| Take Profit | 2.0x ATR | Creates a 1:1.33 risk-reward ratio |
Positions are also closed on:
- Opposite direction signal (flip trade)
- Take profit or stop loss hit
---
### Session Filtering
Trades are restricted to high-liquidity periods by default:
- **Morning Session:** 9:30 AM - 11:00 AM EST
- **Afternoon Session:** 2:30 PM - 3:55 PM EST
This avoids choppy midday price action and captures the highest volume periods.
---
### Input Parameters
| Parameter | Default | Description |
|-----------|---------|-------------|
| Fast EMA | 9 | Fast moving average period |
| Slow EMA | 21 | Slow moving average period |
| Trend EMA | 200 | Long-term trend filter |
| RSI Length | 14 | RSI calculation period |
| RSI Overbought | 65 | Upper RSI threshold |
| RSI Oversold | 35 | Lower RSI threshold |
| Volume Multiplier | 1.2x | Volume spike detection threshold |
| Min Signal Strength | 4 | Minimum score required to trigger |
| Crossover Lookback | 3 | Bars to consider crossover "recent" |
| Min Bars Between Signals | 5 | Cooldown period between signals |
---
### Visual Elements
**Chart Plots:**
- Green line: 9 EMA (fast)
- Red line: 21 EMA (slow)
- Gray line: 200 EMA (trend)
- Purple dots: VWAP
**Signal Markers:**
- Green triangle up + "CALL" label: Buy call signal
- Red triangle down + "PUT" label: Buy put signal
- Small circles: EMA crossover reference points
**Info Table (Top Right):**
- Real-time CALL and PUT scores
- RSI, MACD, Stochastic values
- VWAP and 200 EMA position
- Recent crossover status
- Current signal state
---
### Alerts
| Alert Name | Trigger |
|------------|---------|
| CALL Entry | Standard call signal fires |
| PUT Entry | Standard put signal fires |
| Strong CALL | Call signal with score ≥ 6 |
| Strong PUT | Put signal with score ≥ 6 |
---
### Recommended Usage
| Setting | 0DTE Scalping | Intraday Swings |
|---------|---------------|-----------------|
| Timeframe | 1-2 min | 5 min |
| Min Signal Strength | 5-6 | 4 |
| ATR Stop Mult | 1.0 | 1.5 |
| ATR TP Mult | 1.5 | 2.0 |
| Option Delta | 0.40-0.50 | 0.30-0.40 |
---
### Key Improvements Over v1
1. **Requires actual crossover** - Eliminates false signals from simple trend continuation
2. **Balanced scoring** - Both directions evaluated equally, highest score wins
3. **Signal cooldown** - Prevents overtrading with minimum bar spacing
4. **Multi-indicator confluence** - 8 factors must align for signal generation
5. **Volume-candle alignment** - Volume spikes only count when matching candle direction
---
### Disclaimer
This strategy is for educational purposes. Backtest thoroughly before live trading. Options trading involves significant risk of loss. Past performance does not guarantee future results.
Morning ORB FVG Trigger✅ Overview
Morning ORB FVG Trigger is a complete intraday trading framework built around:
A Morning Opening Range Breakout (ORB)
The first Fair Value Gap (FVG) after that breakout
Strict risk management and position sizing
Optional HTF trend filter (Daily / Weekly / Monthly)
Optional Daily ATR filter to avoid extreme days
The script is designed for futures / indices / FX on intraday charts up to 15 minutes and for traders who want a clean, mechanical entry framework with clear risk.
🧠 Core idea
Define a morning opening range (e.g. 09:30–09:45).
Wait for a clean breakout above/below that range.
After the breakout, wait for the first FVG in breakout direction,
confirmed by the next candle (no immediate full reclaim).
Use a chosen stop logic + R:R factor to build risk/reward boxes.
Calculate position size based on your account risk.
(Optional) Only take trades:
In the direction of the HTF EMA trend (D/W/M).
On days where the morning range is within a band of the Daily ATR.
You can also disable all signals/boxes and use the script just as a visual ORB tool.
⏰ 1. ORB / Morning Range
Inputs (Main section)
Morning Range Session
Time window of the opening range in exchange time
Example: 09:30–09:45 for a 15-minute ORB.
You can type custom ranges (e.g. 09:30–09:35 for a 5-minute ORB).
Risk/Reward (TP factor)
Multiplier for the take-profit distance relative to the stop.
2.0 = TP is 2× the stop distance
1.5 = TP is 1.5× the stop distance
Show ORB range
If enabled, draws:
ORB high/low lines
ORB labels (e.g. 15min ORB high / low)
Optional midline
Extend ORB lines to the right (bars)
How many bars to extend the ORB high/low horizontally beyond the ORB itself.
Trade box width (bars)
Horizontal width (in bars) of:
Red risk box (entry–stop)
Green reward box (entry–TP)
Implementation details
The ORB is always calculated on 1-minute data internally, so it stays precise even on 5m/15m charts.
The script only works on intraday timeframes up to 15 minutes.
📦 2. FVG Block
Group: “FVG”
Threshold %
Minimum size of an FVG in % of price.
0 = every FVG
Higher values = only larger gaps
Auto threshold (from volatility)
If enabled, the minimum FVG size is derived from historical volatility
instead of a fixed percentage.
Allow breakout FVG partly inside ORB
Off (default): the FVG must lie fully outside the ORB.
On: the breakout FVG itself may still overlap the ORB a bit,
as long as it is the first one attached to the breakout move.
Enable FVG entry signals, boxes & alerts
On: full system – FVG detection, entry labels, risk/TP boxes, alerts.
Off: no entries, no risk/TP boxes, no alerts.
You only get the ORB and (optionally) the HTF dashboard, so you can trade your own setups.
Entry mode
Entry mode (Mid / Edge / NextOpen)
Mid – Entry at the midpoint of the FVG.
Edge – Long at the upper FVG edge, short at the lower FVG edge.
NextOpen – No limit order in the gap. Entry is placed at the next bar open after FVG confirmation.
Edge offset (ticks)
Additional offset for Edge entries:
Long:
+ticks = a bit above the FVG (more conservative)
-ticks = deeper into the FVG (more aggressive)
Short:
+ticks = a bit below the FVG
-ticks = deeper into the FVG
FVG detection logic
Uses a LuxAlgo-style 3-candle FVG pattern (gap between candle 1 and 3).
Only one FVG is taken: the first valid FVG after the ORB breakout in breakup direction.
The FVG candle is the middle bar; the script:
Detects the FVG on the previous bar.
Waits for the current bar to confirm it:
Bullish: current low must stay above the lower FVG boundary
Bearish: current high must stay below the upper FVG boundary
Only then an entry signal is generated.
🛑 3. Stop Logic
Group: “Stop Logic”
Stop mode (PrevBar / Pivot / FVG Candle)
PrevBar – Stop at the low/high of the candle before the FVG
(tight/aggressive).
FVG Candle – Stop at the low/high of the FVG candle itself
(medium).
Pivot – Stop at the most recent swing high/low
using pivotLeft / pivotRight pivots (more conservative).
Ticks (stop buffer)
Offset (in ticks) from the selected stop level.
> 0 = further away (more room, more risk)
< 0 = closer (tighter stop)
Pivot left / Pivot right
Number of candles left/right to define a swing high/low
when using Pivot stop mode.
Typical intraday values: 2–3.
The script also sanity-checks the stop:
if the calculated stop would be invalid (e.g. above entry in a long), it moves it by a minimal distance (2 ticks) to keep a valid risk.
📈 4. HTF Trend Filter (Daily / Weekly / Monthly)
Group: “HTF Trend Filter”
Enable HTF trend filter
If enabled, trades are only allowed:
Long when at least 2 of D/W/M closes are above their EMA
Short when at least 2 of D/W/M closes are below their EMA
EMA length (D/W/M)
EMA length for all three higher timeframes (Daily, Weekly, Monthly).
This helps focus entries in the direction of the dominant higher-timeframe trend.
📊 5. ATR Filter (Daily)
Group: “ATR Filter (Daily)”
Use daily ATR filter
If enabled, the height of the ORB (ORB high – ORB low) must be within
a band of the Daily ATR to allow any signals.
Daily ATR length
ATR period on the Daily timeframe.
Min ORB size vs ATR
Lower bound:
Example: 0.3 → ORB must be at least 0.3 × Daily ATR
0.0 = no minimum.
Max ORB size vs ATR
Upper bound:
Example: 1.5 → ORB must be ≤ 1.5 × Daily ATR
0.0 = no maximum.
If the ORB is too small (choppy) or too large (exhausted move), no breakout or FVG signal will be generated on that day.
🧭 6. HTF Dashboard & Signal Labels
Group: “HTF Trend Dashboard”
Show HTF dashboard
Draws a small label at the top of the chart showing:
HTF Trend (EMA X)
D: UP/FLAT/DOWN
W: UP/FLAT/DOWN
M: UP/FLAT/DOWN
Dashboard position
Top Right, Top Center, Top Left – places the dashboard at the top.
Over Risk Info – no top dashboard; instead, the HTF trend info is shown as a label near the risk box when a new signal appears.
Lookback (bars) for top anchor
How many bars to use to determine the top price level for dashboard placement.
Show HTF trend above risk box on signal
Only relevant if Dashboard position = Over Risk Info.
When enabled, a small HTF label appears near the risk box for each new trade.
Signal label vertical offset (ticks)
Vertical spacing between risk info label and HTF label.
Minimum spacing HTF/Risk (ticks)
Ensures a minimum vertical distance so the two labels don’t overlap.
HTF signal label X offset (bars)
Horizontal offset (left/right) relative to the risk info label.
⏳ 7. ORB–FVG Filters (Session & Time Window)
Group: “ORB FVG Filter”
Only same session day
If enabled, FVG entries are only allowed on the same calendar day
as the ORB. When the date changes, all state & drawings are reset.
Limit hours after ORB
Enables a time window after the ORB end.
Trading window after ORB (hours)
Length of that window in hours.
Example: 2.0 → FVG signals only in the first 2 hours after ORB end.
💰 8. Risk Management & Position Sizing
Group: “Risk Management”
Calculate position size
If enabled, the script computes suggested mini and micro contract size for you.
Account size
Your trading account size (in account currency).
Risk mode
Percent – risk is a % of account size (Account risk %).
Fixed amount – risk is a fixed dollar amount (Fixed risk ($)).
Account risk %
Risk per trade as a percentage of account size (e.g. 1.0 for 1%).
Fixed risk ($)
Fixed risk per trade in dollars when using Fixed amount mode.
Micro factor (vs mini)
How much a micro contract is worth relative to a mini.
Example:
0.1 → one micro moves 1/10 of one mini.
Risk Info label
For each new trade, a label is shown above the boxes with:
Stop distance in price and $ risk per mini
Max risk allowed for the trade
Suggested mini and micro size
Text like:
Suggested: 2 mini
Suggested: 5 micro
or Suggested: no trade
This makes the script especially useful for prop-firm rules or strict risk discipline.
🎨 9. Visual Style (Boxes, Labels, ORB Lines)
Group: “Box & Label Style (Trade)”
Label font size (Very small, Small, Normal, Large)
Entry label BG / text color
Stop label BG / text color
TP label BG / text color
Risk info BG / text color
Risk box color (entry–stop zone)
Reward box color (entry–TP zone)
Group: “ORB Style”
ORB high line color
ORB low line color
ORB line width
ORB label font size
ORB label background color
ORB label text color
Show ORB midline
ORB midline color / width / style (Solid / Dashed / Dotted)
⚠️ 10. Alerts
Group: “Alerts”
The script defines three alert conditions:
Long entry FVG breakout
Triggered when a new long signal appears.
Short entry FVG breakout
Triggered when a new short signal appears.
FVG entry (long/short)
Generic alert for any new signal (long or short).
To use them:
Add the indicator to the chart.
Open the Alerts dialog → “Condition”.
Select this script and one of the alert conditions.
Set your preferred expiration and notification settings.
Alerts only fire when Enable FVG entry signals, boxes & alerts is on.
🧩 11. How the trading logic flows (summary)
Build ORB on 1-minute data during the selected session.
Optionally reject the day if ORB is outside the ATR bounds.
Wait for a breakout (close above high or below low), respecting HTF trend filter.
After breakout, look for the first valid FVG in that direction:
Outside the ORB (unless breakout FVG allowed inside)
Confirmed by the next candle (no full reclaim)
Once confirmed:
Compute entry, stop, target.
Draw risk/reward boxes and all labels.
Optionally show HTF signal label over the risk info.
Trigger alerts if enabled.
If you disable FVG signals, only steps 1–3 (plus dashboard) are effectively active.
⚠️ 12. Notes & Disclaimer
Script is intended for intraday trading up to 15-minute timeframes.
All signals are mechanical and do not guarantee profitability.
Always backtest and forward-test on your own data before risking real money.
This script is for educational purposes only and is not financial advice.
🚀 Quick-start guide
Add the script to your chart
Use an intraday timeframe ≤ 15 minutes (1m, 3m, 5m, 15m).
Works best on liquid indices, futures, FX and large-cap stocks.
Set the Morning Range
In “Morning Range Session” choose the exchange’s opening window.
Examples
US index futures (CME): 08:30–08:45 or 08:30–08:35
US stocks (NYSE/Nasdaq): 09:30–09:45 or 09:30–09:35
The ORB is always calculated on 1-minute data internally, so the range stays accurate on higher intraday charts.
Keep the default filters at first
HTF Trend Filter: ON
EMA length = 20
This will only allow trades in the direction of the dominant D/W/M trend.
ATR Filter: OFF (optional; you can enable later once you’re comfortable).
Use the full trade system
In the FVG group leave
“Enable FVG entry signals, boxes & alerts” = ON
Entry mode: Mid
Stop mode: FVG Candle or PrevBar
Risk/Reward: 2.0 as a starting point.
Set your risk
Turn on “Calculate position size”.
Enter your Account size and choose either:
Risk mode = Percent (e.g. 1.0 = 1% per trade), or
Risk mode = Fixed amount (e.g. $250 per trade).
The risk info label will show:
Stop distance in price and $/contract
Max allowed risk
Suggested mini and micro contract size.
Enable alerts (optional)
Open the Alerts dialog → Condition: this script.
Choose one of:
Long entry FVG breakout
Short entry FVG breakout
FVG entry (long/short)
Choose “Once per bar” or “Once per bar close”, and your preferred notification type.
Replay & journal
Use the TradingView bar replay tool to step through past days.
Focus on:
How the ORB defines the structure.
How the first confirmed FVG outside the ORB behaves.
Whether the risk/TP levels fit your own style and product.
🎛 Recommended settings & profiles
These are starting points, not rules. Always adapt to the instrument and your own risk tolerance.
1. Conservative / Trend-following
Timeframe: 5m or 15m
Morning Range Session: 15-minute ORB around the cash or futures open
FVG
Threshold %: 0.05–0.1 (filter out very small gaps)
Auto threshold: OFF (keep it simple)
Allow breakout FVG partly inside ORB: OFF
Enable FVG entry signals/boxes/alerts: ON
Entry mode: Mid
Stop Logic
Stop mode: Pivot
Pivot left/right: 2–3
Stop buffer: +1–2 ticks
HTF Trend Filter
Enabled: ON
EMA length: 20
ATR Filter
Enabled: ON
Daily ATR length: 14
Min ORB vs ATR: 0.3–0.4
Max ORB vs ATR: 1.2–1.5
Risk Management
Risk mode: Percent
Account risk: 0.5–1.0%
Idea: Only trade when the higher-timeframe trend supports the move and the opening range is of a “normal” size for the current volatility.
2. Balanced / Intraday directional
Timeframe: 3m or 5m
FVG
Threshold %: 0.02–0.05
Auto threshold: ON (lets the script adapt to volatility)
Allow breakout FVG partly inside ORB: ON
(first breakout FVG may partly sit inside the ORB)
Entry mode: Edge
Edge offset (ticks): 0 or +1
Stop Logic
Stop mode: FVG Candle
Stop buffer: 0–1 ticks
HTF Trend Filter
Enabled: ON
ATR Filter
Enabled: OFF (optional)
Risk Management
Risk mode: Percent
Account risk: 1.0–1.5% (if this fits your plan)
Idea: Slightly more aggressive entries at the gap edge, still aligned with HTF trend, but with more flexibility on ATR.
3. Aggressive / Scalping around the ORB
Timeframe: 1m or 3m
FVG
Threshold %: 0.0–0.02
Auto threshold: ON
Allow breakout FVG partly inside ORB: ON
Entry mode: NextOpen or Edge with a negative offset (deeper into the gap)
Stop Logic
Stop mode: PrevBar
Stop buffer: 0 or -1 tick
HTF Trend Filter
Enabled: OFF (or ON but treat as soft guidance)
ATR Filter
Enabled: OFF
Risk Management
Risk mode: Percent
Account risk: lower, e.g. 0.25–0.5% per trade
Idea: More trades and tighter stops. Best for experienced traders who understand the limitations of scalping and whipsaw risk.
Final reminder
All of these are templates, not guarantees:
Always check how the system behaves on your market and session.
Start on replay and demo before trading real money.
Adjust filters (HTF, ATR, thresholds) until the signals fit your personal approach.
tvunitLibrary "tvunit"
method assert(this, description, passed, bar)
Adds a test result to the test suite.
Namespace types: TestSuite
Parameters:
this (TestSuite) : The (TestSuite) instance.
description (string) : A description of the test.
passed (bool) : Whether the test passed or result.
bar (int) : The bar index at which the test was run.
Returns: Whether the assertion passed or result.
method assertWindow(this, runTests, description, bars, passed, stopOnFirstFailure)
Adds a test result to the test suite.
Namespace types: TestSuite
Parameters:
this (TestSuite) : The (TestSuite) instance.
runTests (bool) : Whether to run the tests.
description (string) : A description of the test.
bars (int) : The number of bars to test.
passed (bool) : A series of boolean values indicating whether each bar passed.
stopOnFirstFailure (bool) : Whether to stop on the first test failure.
Returns: Whether the assertion ran or not
method totalTests(this)
Returns the total number of tests in the test suite.
Namespace types: TestSuite
Parameters:
this (TestSuite) : The (TestSuite) instance.
Returns: The total number of tests.
method totalTests(this)
Returns the total number of tests in the test suite.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSuite) instance.
Returns: The total number of tests.
method passedTests(this)
Returns the total number of passed tests in the test suite.
Namespace types: TestSuite
Parameters:
this (TestSuite) : The (TestSuite) instance.
Returns: The total number of passed tests.
method passedTests(this)
Returns the total number of passed tests in the test suite.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSuite) instance.
Returns: The total number of passed tests.
method failedTests(this)
Returns the total number of result tests in the test suite.
Namespace types: TestSuite
Parameters:
this (TestSuite) : The (TestSuite) instance.
Returns: The total number of result tests.
method failedTests(this)
Returns the total number of result tests in the test suite.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSuite) instance.
Returns: The total number of result tests.
newTestSession()
Creates a new test session instance.
Returns: A new (TestSession) instance.
method addNewTestSuite(this, name, description)
Creates a new test suite instance.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSession) instance.
name (string) : The name of the test suite.
description (string) : (optional) A description of the test suite.
Returns: A new (TestSuite) instance.
method add(this, suite)
Creates a new test suite instance.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSession) instance.
suite (TestSuite) : The (TestSuite) instance to add.
Returns: The (TestSession) instance.
method totalSuites(this)
Returns the total number of sessions in the test session.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSession) instance.
Returns: The total number of sessions.
method report(this, show, showOnlyFailedTest)
Generates a report of the test session summary that is suitable for logging.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSession) instance.
show (bool) : Optional: Whether to show the report or not. default: true
showOnlyFailedTest (bool) : Optional: Whether to show only result tests or not. default: false
Returns: A formatted string report of the test suite summary.
method reportGui(this, show, pages, pageSize)
Generates a report of the test suite summary for the GUI.
Namespace types: TestSession
Parameters:
this (TestSession) : The (TestSession) instance.
show (bool) : Optional: Whether to show the report or not. default: true
pages (int) : Optional: The number of pages to show (columns). default: 4
pageSize (int) : Optional: The number of results to show per page (rows), excluding the header. default: 5
approxEqual(a, b, tolerance)
Checks if two floating-point numbers are approximately equal within a specified tolerance.
Parameters:
a (float) : The first floating-point number.
b (float) : The second floating-point number.
tolerance (float) : The tolerance within which the two numbers are considered equal. Default is 1e-6.
Returns: True if the numbers are approximately equal, false otherwise. If both are na, returns true.
TestResult
Fields:
description (series string)
passed (series bool)
bar (series int)
TestSuite
Fields:
isEnabled (series bool)
name (series string)
description (series string)
tests (array)
TestSession
Fields:
suites (array)
Time-Based Fair Value Gaps (FVG) with Inversions (iFVG)Overview
The Time-Based Fair Value Gaps (FVG) with Inversions (iFVG) (ICT/SMT) indicator is a specialized tool designed for traders using Inner Circle Trader (ICT) methodologies. Inspired by LuxAlgo's Fair Value Gap indicator, this script introduces significant enhancements by integrating ICT principles, focusing on precise time-based FVG detection, inversion tracking, and retest signals tailored for institutional trading strategies. Unlike LuxAlgo’s general FVG approach, this indicator filters FVGs within customizable 10-minute windows aligned with ICT’s macro timeframes and incorporates ICT-specific concepts like mitigation, liquidity grabs, and session-based gap prioritization.
This tool is optimized for 1–5 minute charts, though probably best for 1 minute charts, identifying bullish and bearish FVGs, tracking their mitigation into inverted FVGs (iFVGs) as key support/resistance zones, and generating retest signals with customizable “Close” or “Wick” confirmation. Features like ATR-based filtering, optional FVG labels, mitigation removal, and session-specific FVG detection (e.g., first FVG in AM/PM sessions) make it a powerful tool for ICT traders.
Originality and Improvements
While inspired by LuxAlgo’s FVG indicator (credit to LuxAlgo for their foundational work), this script significantly extends the original concept by:
1. Time-Based FVG Detection: Unlike LuxAlgo’s continuous FVG identification, this script filters FVGs within user-defined 10-minute windows each hour (:00–:10, :10–:20, etc.), aligning with ICT’s emphasis on specific periods of institutional activity, such as hourly opens/closes or kill zones (e.g., New York 7:00–11:00 AM EST). This ensures FVGs are relevant to high-probability ICT setups.
2. Session-Specific First FVG Option: A unique feature allows traders to display only the first FVG in ICT-defined AM (9:30–10:00 AM EST) or PM (1:30–2:00 PM EST) sessions, reflecting ICT’s focus on initial market imbalances during key liquidity events.
3. ICT-Driven Mitigation and Inversion Logic: The script tracks FVG mitigation (when price closes through a gap) and converts mitigated FVGs into iFVGs, which serve as ICT-style support/resistance zones. This aligns with ICT’s view that mitigated gaps become critical reversal points, unlike LuxAlgo’s simpler gap display.
4. Customizable Retest Signals: Retest signals for iFVGs are configurable for “Close” (conservative, requiring candle body confirmation) or “Wick” (faster, using highs/lows), catering to ICT traders’ need for precise entry timing during liquidity grabs or Judas swings.
5. ATR Filtering and Mitigation Removal: An optional ATR filter ensures only significant FVGs are displayed, reducing noise, while mitigation removal declutters the chart by removing filled gaps, aligning with ICT’s principle that mitigated gaps lose relevance unless inverted.
6. Timezone and Timeframe Safeguards: A timezone offset setting aligns FVG detection with EST for ICT’s New York-centric strategies, and a timeframe warning alerts users to avoid ≥1-hour charts, ensuring accuracy in time-based filtering.
These enhancements make the script a distinct tool that builds on LuxAlgo’s foundation while offering ICT traders a tailored, high-precision solution.
How It Works
FVG Detection
FVGs are identified when a candle’s low is higher than the high of two candles prior (bullish FVG) or a candle’s high is lower than the low of two candles prior (bearish FVG). Detection is restricted to:
• User-selected 10-minute windows (e.g., :00–:10, :50–:60) to capture ICT-relevant periods like hourly transitions.
• AM/PM session first FVGs (if enabled), focusing on 9:30–10:00 AM or 1:30–2:00 PM EST for key market opens.
An optional ATR filter (default: 0.25× ATR) ensures only gaps larger than the threshold are displayed, prioritizing significant imbalances.
Mitigation and Inversion
When price closes through an FVG (e.g., below a bullish FVG’s bottom), the FVG is mitigated and becomes an iFVG, plotted as a support/resistance zone. iFVGs are critical in ICT for identifying reversal points where institutional orders accumulate.
Retest Signals
The script generates signals when price retests an iFVG:
• Close: Triggers when the candle body confirms the retest (conservative, lower noise).
• Wick: Triggers when the candle’s high/low touches the iFVG (faster, higher sensitivity). Signals are visualized with triangular markers (▲ for bullish, ▼ for bearish) and can trigger alerts.
Visualization
• FVGs: Displayed as colored boxes (green for bullish, red for bearish) with optional “Bull FVG”/“Bear FVG” labels.
• iFVGs: Shown as extended boxes with dashed midlines, limited to the user-defined number of recent zones (default: 5).
• Mitigation Removal: Mitigated FVGs/iFVGs are removed (if enabled) to keep the chart clean.
How to Use
Recommended Settings
• Timeframe: Use 1–5 minute charts for precision, avoiding ≥1-hour timeframes (a warning label appears if misconfigured).
• Time Windows: Enable :00–:10 and :50–:60 for hourly open/close FVGs, or use the “Show only 1st presented FVG” option for AM/PM session focus.
• ATR Filter: Keep enabled (multiplier 0.25–0.5) for significant gaps; disable on 1-minute charts for more FVGs during volatility.
• Signal Preference: Use “Close” for conservative entries, “Wick” for aggressive setups.
• Timezone Offset: Set to -5 for EST (or -4 for EDT) to align with ICT’s New York session.
Trading Strategy
1. Macro Timeframes: Focus on New York (7:00–11:00 AM EST) or London (2:00–5:00 AM EST) kill zones for high institutional activity.
2. FVG Entries: Trade bullish FVGs as support in uptrends or bearish FVGs as resistance in downtrends, especially in :00–:10 or :50–:60 windows.
3. iFVG Retests: Enter on retest signals (▲/▼) during liquidity grabs or Judas swings, using “Close” for confirmation or “Wick” for speed.
4. Session FVGs: Use the “Show only 1st presented FVG” option to target the first gap in AM/PM sessions, often tied to ICT’s market maker algorithms.
5. Risk Management: Combine with ICT concepts like order blocks or breaker blocks for confluence, and set stops beyond FVG/iFVG boundaries.
Alerts
Set alerts for:
• “Bullish FVG Detected”/“Bearish FVG Detected”: New FVGs in selected windows.
• “Bullish Signal”/“Bearish Signal”: iFVG retest confirmations.
Settings Description
• Show Last (1–100, default: 5): Number of recent iFVGs to display. Lower values reduce clutter.
• Show only 1st presented FVG : Limits FVGs to the first in 9:30–10:00 AM or 1:30–2:00 PM EST sessions (overrides time window checkboxes).
• Time Window Checkboxes: Enable/disable FVG detection in 10-minute windows (:00–:10, :10–:20, etc.). All enabled by default.
• Signal Preference: “Close” (default) or “Wick” for iFVG retest signals.
• Use ATR Filter: Enables ATR-based size filtering (default: true).
• ATR Multiplier (0–∞, default: 0.25): Sets FVG size threshold (higher values = larger gaps).
• Remove Mitigated FVGs: Removes filled FVGs/iFVGs (default: true).
• Show FVG Labels: Displays “Bull FVG”/“Bear FVG” labels (default: true).
• Timezone Offset (-12 to 12, default: -5): Aligns time windows with EST.
• Colors: Customize bullish (green), bearish (red), and midline (gray) colors.
Why Use This Indicator?
This indicator empowers ICT traders with a tool that goes beyond generic FVG detection, offering precise, time-filtered gaps and inversion tracking aligned with institutional trading principles. By focusing on ICT’s macro timeframes, session-specific imbalances, and customizable signal logic, it provides a clear edge for scalping, swing trading, or reversal setups in high-liquidity markets.
Intraday Macro & Flow Indicator# IntraMacroFlow Indicator
## Introduction
IntraMacroFlow is a volume and delta-based indicator that identifies significant price movements within trading sessions. It generates signals when volume spikes coincide with quality price movement, filtered by RSI to avoid overbought/oversold conditions.
> **Note:** This indicator provides multiple signals and should be combined with additional analysis methods such as support/resistance, trend direction, and price action patterns.
## Inputs
### Volume Settings
* **Volume Lookback Period** (14) - Number of bars for volume moving average calculation
* **Volume Threshold Multiplier** (1.5) - Required volume increase over average to generate signals
* **Delta Threshold** (0.3) - Required close-to-open movement relative to bar range (higher = stronger movement)
### Session Configuration
* **Use Dynamic Session Detection** (true) - Automatically determine session times
* **Highlight Market Open Period** (true) - Highlight first third of trading session
* **Highlight Mid-Session Period** (true) - Highlight middle portion of trading session
* **Detect Signals Throughout Whole Session** (true) - Find signals in entire session
* **Session Time** ("0930-1600") - Trading hours in HHMM-HHMM format
* **Session Type** ("Regular") - Select Regular, Extended, or Custom session
### Manual Session Settings
Used when dynamic detection is disabled:
* **Manual Session Open Hour** (9)
* **Manual Session Open Minute** (30)
* **Manual Session Open Duration** (60)
* **Manual Mid-Session Start Hour** (12)
* **Manual Mid-Session End Hour** (14)
## How It Works
The indicator analyzes each bar using three primary conditions:
1. **Volume Condition**: Current volume > Average volume × Threshold
2. **Delta Condition**: |Close-Open|/Range > Delta threshold
3. **Time Condition**: Bar falls within configured session times
When all conditions are met:
* Bullish signals appear when close > open and RSI < 70
* Bearish signals appear when close < open and RSI > 30
## Display Elements
### Shapes and Colors
* Green triangles below bars - Bullish signals
* Red triangles above bars - Bearish signals
* Blue background - Market open period
* Purple background - Mid-session period
* Bar coloring - Green (bullish), Red (bearish), or unchanged
### Information Panel
A dynamic label shows:
* Current volume relative to average (Vol)
* Delta value for current bar (Delta)
* RSI value (RSI)
* Session status (Active/Closed)
## Calculation Method
```
// Volume Condition
volumeMA = ta.sma(volume, lookbackPeriod)
volumeCondition = volume > volumeMA * volumeThreshold
// Delta Calculation (price movement quality)
priceRange = high - low
delta = math.abs(close - open) / priceRange
deltaCondition = delta > deltaThreshold
// Direction and RSI Filter
bullishBias = close > open and entrySignal and not (rsi > 70)
bearishBias = close < open and entrySignal and not (rsi < 30)
```
## Usage Recommendations
### Suitable Markets
* Equities during regular trading hours
* Futures markets
* Forex during active sessions
* Cryptocurrencies with defined volume patterns
### Recommended Timeframes
* 1-minute to 1-hour (optimal: 5 or 15-minute)
### Parameter Adjustments
* For fewer but stronger signals: increase Volume Threshold (2.0+) and Delta Threshold (0.4-0.6)
* For more signals: decrease Volume Threshold (1.2-1.5) and Delta Threshold (0.2-0.3)
### Usage Tips
* Combine with trend analysis for higher-probability entries
* Focus on signals occurring at session boundaries and mid-session
* Use opposite signals as potential exit points
* Configure alerts to receive notifications when signals occur
## Additional Notes
* RSI parameters are fixed at 14 periods with 70/30 thresholds
* The indicator handles overnight sessions correctly
* Fully compatible with TradingView alerts
* Customizable visual elements
## Release Notes
Initial release: This is a template indicator that should be customized to suit your specific trading strategies and preferences.
Enigma End Game Indicator
Enigma End Game Indicator Description
The Enigma End Game indicator is a powerful tool designed to enhance the way traders approach support and resistance, combining mainstream technical analysis with a unique, dynamic perspective. At its core, this indicator enables traders to adapt to market conditions in real time by applying a blend of classic and modern interpretations of support and resistance levels.
In traditional support and resistance analysis, we recognize the significant price points where the market has historically reversed or consolidated. However, the *Enigma End Game* indicator takes this one step further by analyzing each individual candle's high as a potential resistance level and each low as support. This allows the trader to stay more agile, as the market constantly updates and evolves. The dynamic nature of this method acknowledges that price movements are fractal in nature, meaning that these levels are not static but adjust in response to price action on multiple timeframes.
### How It Works:
When using the *Enigma End Game* indicator, it doesn't simply plot buy and sell signals automatically. Instead, the indicator highlights key levels based on the interaction between price and historical price action. Here's how it operates:
1. **Buy Logic:**
The indicator identifies bullish signals based on the *Enigma* logic, but it does not trigger an immediate buy. Instead, it plots arrows above or below the candles, indicating the key price levels where price action has shifted. Traders then focus on these areas, particularly looking for buy opportunities *below* these levels during key market sessions (such as London or New York) while aligning with both mainstream support and resistance and *Enigma* levels.
2. **Sell Logic:**
Similarly, when the indicator identifies a sell signal, it plots an arrow above the candle where price action has reversed. This does not immediately suggest selling. Traders wait for a price retracement back to the previously breached low (for a sell order) or high (for a buy order), observing price action closely on lower timeframes (such as the 1-minute chart) to refine entry points. The entry is triggered when price starts to show signs of reversing at these levels, further validated by mainstream and *Enigma* support/resistance.
### Practical Example – XAU/USD (Gold):
For instance, in the settings of the *Enigma End Game* indicator, if we select the 5-minute (5MN) timeframe as the key level, the indicator will only plot the first 3 arrows following the *Enigma* logic. The arrows will appear above or below the candle that was breached, indicating a potential trend reversal. In this scenario, the first arrow marks the point where price broke a significant support or resistance level. Afterward, the trader watches for a subsequent candle to close below (in the case of a sell) the previous candle’s low, confirming a bearish bias.
Now, the trader does not rush into a sell order. Instead, they wait for the price to pull back towards the previously breached low. At this point, the trader can use a lower timeframe (like the 1-minute chart) to identify both mainstream support and resistance levels and *Enigma* levels above the main 5-minute key level. These additional levels provide a clearer understanding of where price might reverse and give the trader a stronger edge in refining their entry point.
The trader then sets a sell order *above* the price level of the previous low, but only once signs show that price is retracing and ready to fall again. The price point where this retracement occurs, confirmed by both mainstream and *Enigma* levels, becomes the entry signal for the trade.
### Summary:
The *Enigma End Game* indicator combines time-tested principles of support and resistance with a more modern, adaptive view, empowering traders to read the market with greater precision. It guides you to wait for optimal entries, based on dynamic support and resistance levels that change with each price movement. By combining signals on higher timeframes with refined entries on lower timeframes, traders gain a unique advantage in navigating both obvious and hidden levels of support and resistance, ultimately improving their ability to time trades with higher probability of success.
This indicator allows for a more calculated, strategic approach to trading—highlighting the right moments to enter the market while providing the flexibility to adjust to different market conditions.
The *ENIGMA Signals with Retests* indicator is a versatile trading tool that combines key market sessions with dynamic support and resistance levels. It uses logic to identify potential buy and sell signals based on the behavior of recent price swings (highs and lows) and offers flexibility with the number of arrows plotted per session. The user can customize settings like arrow frequency, line styles, and session times, allowing for personalized trading strategies.
The indicator detects buy and sell signals by checking if the price breaks the previous swing high (for buy signals) or swing low (for sell signals). It then stores these levels and draws horizontal lines on the chart, representing critical price levels where traders can expect potential price reactions.
A key feature of this indicator is its ability to limit the number of arrows per session, ensuring a cleaner chart and reducing signal clutter. Horizontal lines are drawn at the identified buy or sell levels, with the option to display labels like "BUY - AT OR BELOW" and "SELL - AT OR ABOVE" to further clarify entry points.
The indicator also incorporates session filtering, allowing traders to focus on specific market sessions (Asia, London, and New York) for more relevant signals, and it ensures that no more than a user-defined number of arrows are plotted within a session.
5-Minute YEN Pivot Bars 1.0The 5-Minute YEN Pivot Bars indicator is designed to identify and highlight low-range pivot bars on 5-minute charts, specifically tailored for Yen-based pairs (e.g., GBPJPY, USDJPY). By focusing on precise pip thresholds, this tool helps traders detect potential pivot points within specific trading sessions, while avoiding inside bars and other noise often seen in low-volatility conditions. This can be particularly useful for trend traders and those looking to refine their entry points based on intraday reversals.
Key Features:
- Customized Pip Thresholds for Yen Pairs:
The indicator is pre-configured for Yen pairs, where 1 pip is typically represented by 0.01. It applies these thresholds:
- Limited Range: 4 pips or less between open and close prices.
- High/Low Directionality: At least 3 pips from the close/open to the bar's high or low.
- Open/Close Proximity: 4 pips or less between open and close.
- Inside Bar Tolerance: A tolerance of 3 pips for inside bars, helping reduce false signals from bars contained within the previous bar's range.
- Session-Specific Alerts:
- The indicator allows you to enable alerts for the European Session (6:00-12:00), American Session (12:00-17:00), and London Close (17:00-20:00). You can adjust these times based on your own trading hours or timezone preferences via a time-shift setting.
- Receive real-time alerts when a valid bullish or bearish pivot bar is identified within the chosen sessions, allowing you to respond to potential trade opportunities immediately.
- Time Shift Customization:
- Adjust the "Time Shift" parameter to account for different time zones, ensuring accurate session alignment regardless of your local time.
How It Works:
1. Pivot Bar Identification:
The indicator scans for bars where the difference between the open and close is within the "Limited Range" threshold, and both open and close prices are close to either the high or the low of the bar.
2. Directional Filtering:
It requires the bar to show strong directional bias by enforcing an additional distance between the open/close levels and the opposite end of the bar (high/low). Only bars with this directional structure are considered for highlighting.
3. Exclusion of Inside Bars:
Bars that are completely contained within the range of the previous bar are excluded (inside bars), as are consecutive inside bars. This filtering is essential to avoid marking bars that typically indicate consolidation rather than potential pivot points.
4. Session Alerts:
When a valid pivot bar appears within the selected sessions, an alert is triggered, notifying the trader of a potential trading signal. Bullish and bearish signals are differentiated based on whether the close is near the high or low.
How to Use:
- Trend Reversals: Use this indicator to spot potential trend reversals or pullbacks on a 5-minute chart, especially within key trading sessions.
- Entry and Exit Points: Highlighted bars can serve as potential entry points for traders looking to capitalize on short-term directional changes or continuation patterns.
- Combine with Other Indicators: Consider pairing this tool with momentum indicators or trendlines to confirm the signals, providing a comprehensive analysis framework.
Default Parameters:
- Limited Range: 4 Pips
- High/Low Directionality: 3 Pips
- Open/Close Proximity: 4 Pips
- Inside Bar Tolerance: 3 Pips
- Session Alerts: Enabled for European, American, and London Close sessions
- Time Shift: Default 6 (adjustable to align with different time zones)
This indicator is specifically optimized for Yen pairs on 5-minute charts due to its pip calculation.
Globex Trap ZoneGlobex Trap Indicator
A powerful tool designed to identify potential trading opportunities by analyzing the relationship between Globex session ranges and Supply & Demand zones during regular trading hours.
Key Features
Tracks and visualizes Globex session price ranges
Identifies key Supply & Demand zones during regular trading hours
Highlights potential trap areas where price might experience significant reactions
Fully customizable time ranges and visual settings
Clear labeling of Globex highs and lows
How It Works
The indicator tracks two key periods:
Globex Session (Default: 6:00 PM - 9:30 AM)
Monitors overnight price action
Marks session high and low
Helps identify potential range breakouts
Supply & Demand Zone (Default: 8:00 AM - 11:00 AM)
Tracks price action during key market hours
Identifies potential reaction zones
Helps spot institutional trading areas
Best Practices for Using This Indicator
Use on 1-hour timeframe or lower for optimal visualization
Best suited for futures and other instruments traded during Globex sessions
Pay attention to areas where Globex range and Supply/Demand zones overlap
Use in conjunction with your existing trading strategy for confirmation
Recommended minimum of 10 days of historical data for context
Settings Explanation
Globex Session: Customizable time range for overnight trading session
Supply & Demand Zone: Adjustable time range for regular trading hours
Days to Look Back: Number of historical days to display (default: 10)
Visual Settings: Customizable colors and transparency for both zones
Important Notes
All times are based on exchange timezone
The indicator respects overnight sessions and properly handles timezone transitions
Historical data requirements: Minimum 10 days recommended
Performance impact: Optimized for smooth operation with minimal resource usage
Disclaimer
Past performance is not indicative of future results. This indicator is designed to be used as part of a comprehensive trading strategy and should not be relied upon as the sole basis for trading decisions.
Updates and Support
I actively maintain this indicator and welcome feedback from the trading community. Please feel free to leave comments or suggestions for improvements.
