OPEN-SOURCE SCRIPT
Session First 5-Min High/Low

Here's a professional description for your indicator:
Session First 5-Min High/Low Marker
This indicator automatically identifies and marks the high and low price levels established during the first 5 minutes of major trading sessions, helping traders identify key intraday support and resistance zones.
Key Features:
Tracks three major trading sessions in IST (Indian Standard Time):
Asian Session: 5:30 AM - 5:35 AM
London Session: 12:30 PM - 12:35 PM
New York Session: 5:30 PM - 5:35 PM
Draws horizontal lines at the highest and lowest prices reached during each session's opening 5-minute window
Color-coded for easy identification (Yellow for Asian, Blue for London, Red for New York)
Lines extend across the chart to help track price reactions throughout the day
Clean, minimal design with optional labels
Best Used For:
Identifying key intraday support and resistance levels
Session breakout trading strategies
Understanding institutional order flow at market opens
Works on 1-minute timeframe for precise tracking
Customizable Settings:
Toggle line extensions on/off
Adjust line width (1-5)
Change colors for each session
Show/hide session labels
Perfect for day traders and scalpers who trade around major session openings and want to identify high-probability support/resistance zones established during peak liquidity periods.
This description explains what the indicator does, its practical applications, and its key features in a way that's clear for TradingView users.RetryClaude can make mistakes. Please double-check responses.
Session First 5-Min High/Low Marker
This indicator automatically identifies and marks the high and low price levels established during the first 5 minutes of major trading sessions, helping traders identify key intraday support and resistance zones.
Key Features:
Tracks three major trading sessions in IST (Indian Standard Time):
Asian Session: 5:30 AM - 5:35 AM
London Session: 12:30 PM - 12:35 PM
New York Session: 5:30 PM - 5:35 PM
Draws horizontal lines at the highest and lowest prices reached during each session's opening 5-minute window
Color-coded for easy identification (Yellow for Asian, Blue for London, Red for New York)
Lines extend across the chart to help track price reactions throughout the day
Clean, minimal design with optional labels
Best Used For:
Identifying key intraday support and resistance levels
Session breakout trading strategies
Understanding institutional order flow at market opens
Works on 1-minute timeframe for precise tracking
Customizable Settings:
Toggle line extensions on/off
Adjust line width (1-5)
Change colors for each session
Show/hide session labels
Perfect for day traders and scalpers who trade around major session openings and want to identify high-probability support/resistance zones established during peak liquidity periods.
This description explains what the indicator does, its practical applications, and its key features in a way that's clear for TradingView users.RetryClaude can make mistakes. Please double-check responses.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.