PROTECTED SOURCE SCRIPT

stelaraX - Session High Low

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stelaraX – Session High Low

stelaraX – Session High Low is a session-structure overlay indicator designed to track the current day’s high, low, and open while optionally projecting the previous session’s high and low as key reference levels. It supports intraday structure trading by highlighting daily boundaries and signaling when price breaks above or below prior-session extremes.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com

Core logic

The script detects a new trading day using a daily time change and resets session variables accordingly. It then continuously updates the current session high/low while storing prior-session levels for reference and breakout detection.

Key principles:

* a new day triggers a session reset
* current session values are built from intraday price action

* Session High = highest high of the day
* Session Low = lowest low of the day
* Session Open = first open of the day
* previous session levels are stored at the day switch

* Prev High and Prev Low act as external liquidity / structure boundaries
* breakout alerts trigger when price crosses prior-session extremes

* bullish break: close crosses above Prev High
* bearish break: close crosses below Prev Low

This provides clean daily structure levels that remain stable and actionable throughout the session.

Visualization

The script plots:

* Session High (stepline) on the price chart
* Session Low (stepline) on the price chart
* optional Session Open (stepline)
* optional Previous Session High and Low (stepline)
* alert conditions for breaks above Prev High and below Prev Low

The stepline styling keeps the levels crisp and easy to read as the day evolves.

Use case

This indicator is intended for:

* intraday structure mapping (daily high/low boundaries)
* tracking session open as a directional reference point
* identifying prior-day liquidity breaks (sweep / breakout context)
* planning targets, stops, and bias around previous session extremes
* supporting ORB, VWAP, and liquidity-based playbooks

It is especially effective when combined with volume confirmation (RVOL), volatility context (ADR, BB Width), and structure tools (Fractals, Liquidity Zones) for higher-quality intraday decision making.

Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.

Pernyataan Penyangkalan

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